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CompareCC News Archive Listing for Stocks and Investing during 2008-11-25.
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Philippine stock index jumps 6 percent
 
AP - Philippine shares jumped Tuesday, led by banks as investors cheered the U.S. government's bailout of troubled banking giant Citigroup.
Japanese stocks rally after big Wall Street gains
 
AP - Japanese shares surged Tuesday as investors returning from a national holiday were cheered by Wall Street's optimism over a U.S. government bailout of Citigroup.
China shares fall on economic unease
 
AP - Chinese stocks shares fell for a fourth trading session Tuesday amid enduring unease about the economy, breaking with a rise by other Asian markets.
Oil falls below $53 after near-10 percent bounce
 
Reuters - Oil slipped below $53 a barrel on Tuesday, after a near-10 percent rally the previous session, propelled by a rebound in world stock markets as well as expectations of another OPEC output cut.
Stock market falls 0.5% when trading begins
 
AFP - The London stock market fell by 0.5 percent when trading began on Tuesday after surging by a record amount of almost 10 percent on Monday.
FTSE 100 up 56.19 at 4,209.15
 
AP - Share prices on the London Stock Exchange were higher at midday Tuesday.
European markets hold onto gains
 
AP - European stock markets were little changed Tuesday after the previous day's massive gains in the wake of the U.S. government's bailout of Citigroup Inc.
DR Horton's 4Q loss widens to $800 million
 
AP - Homebuilder D.R. Horton Inc. said Monday its fiscal fourth-quarter loss widened as it took more than $1 billion in charges tied to declining land values and as sales fell by almost half.
Stocks rise on plan to aid credit issuers
 
AP - Wall Street extended its advance to a third day Tuesday after the government announced it is readying a program to aid companies that issue credit cards, make student loans and finance car purchases.
Fed mortgage plan boosts European stock markets
 
AP - European stock markets spiked higher Tuesday as Wall Street was expected to post further strong gains after the U.S. Federal Reserve unveiled another raft of financing measures to free up credit markets.
TSX set to follow oil lower
 
Reuters - The Toronto Stock Exchange's main index is set to fall on Tuesday as oil prices unwound a near-10 percent rally.
Oil pares losses, back above $53 after Fed action
 
Reuters - Oil pared its initial losses on Tuesday to climb back above $53 a barrel, after the U.S. Federal Reserve acted to support mortgage markets and U.S. GDP turned out to be no worse than forecast.
Hormel 4Q profit falls 33 percent but tops view
 
AP - Hormel Foods Corp. said Tuesday its fiscal fourth-quarter profit fell 33 percent as it continued to grapple with higher costs for key commodity ingredients, but results still topped Wall Street expectations.
DR Horton swings to $800 million loss
 
AP - D.R. Horton Inc. reported Tuesday a nearly $800 million loss in its fiscal fourth quarter on slower home sales and more than $1 billion in charges amid a troubled housing market.
Wall Street pauses after big 2-day rally
 
AP - Wall Street paused Tuesday after a huge two-day rally, with investors heartened by government plans to aid consumer lending companies but deciding it's time to cash in some profits.
European, US markets trim gains on profit-taking
 
AP - U.S. and European stock markets were modestly higher Tuesday as profit-taking offset earlier gains made on the U.S. government's latest attempt to revive lending in the world's largest economy.
Wall Street pulls back after big 2-day rally
 
AP - Wall Street sold off Tuesday as investors, while heartened by government plans to aid consumer lending companies, cashed in some of their winnings after a huge two-day rally.
World stocks narrowly mixed on profit-taking
 
AFP - Global stock markets were narrowly mixed Tuesday as investors took quick profits on some of the massive gains made over the past two days following the bailout of US banking giant Citigroup.
FTSE 100 bolstered by banking sector
 
AFP - The leading share index posted a modest gain on Tuesday as a resurgent banking sector helped cancel out heavy losses by miners following BHP Billiton's decision to withdraw its hostile takeover bid for Rio Tinto.
FTSE 100 up 18.29 at 4,171.25
 
AP - Share prices on the London Stock Exchange closed higher Tuesday.
Oil drops 5 percent
 
Reuters - Oil tumbled by more than 5 percent on Tuesday to below $52 a barrel after data showed the U.S. economy in the third quarter shrank more than previously estimated, stoking concerns fuel demand will slow further.
European stocks close higher despite profit-taking
 
AP - European stock markets closed modestly higher Tuesday even as profit-taking trimmed gains enjoyed earlier on the U.S. government's latest attempt to revive lending in the world's largest economy.
Oil drops nearly 7 percent, U.S. GDP stirs demand worries
 
Reuters - Oil prices tumbled nearly 7 percent on Tuesday to below $51 a barrel after data showed the U.S. economy shrank in the third quarter at its fastest pace in seven years, stoking concerns fuel demand will slow further.
Spam surge not enough to boost Hormel 4Q profit
 
AP - Consumers looking to slice their food budgets bought more canned Spam and Dinty Moore stews and shied away from more costly microwave meals, Hormel Foods Corp. said Tuesday.
Wall Street extends Dow's rally to third day
 
AP - Wall Street showed some signs of stability Tuesday as investors, heartened by government plans to aid consumer lending companies, selectively bought more stocks following a huge two-day rally. Gains in blue chips gave the Dow Jones industrials and the Standard & Poor's 500 index their first triple-session advance in more than two months.
TSX ekes out tiny gain, aided by Fed plan
 
Reuters - After two days of big rises, the Toronto Stock Exchange's main index eked out a slim gain on Tuesday as firmness in financial shares due to a U.S. Federal Reserve plan to aid consumer lending offset weakness in technology and materials issues.
World stocks close higher despite profit-taking
 
AP - World stock markets closed modestly higher Tuesday despite some profit-taking that trimmed initial gains brought on by the U.S. government's latest attempt to revive lending in the world's largest economy.
World stocks mixed on profit-taking
 
AFP - Global stocks sputtered Tuesday as investors took quick profits on some of the massive gains a day earlier and mulled the latest US and European efforts to fight the credit crunch.
Oil drops nearly 7 percent
 
Reuters - Oil prices tumbled nearly 7 percent on Tuesday to below $51 a barrel after data showed the U.S. economy shrank in the third quarter at its fastest pace in seven years, stoking concerns fuel demand will slow further.
TiVo swings to profit on litigation award
 
Reuters - TiVo Inc , the digital video recording company, posted a quarterly profit after a big litigation award against EchoStar, but said its revenue fell 15 percent.
TSX ends choppy session with tiny gain
 
Reuters - After two days of big rises, the Toronto Stock Exchange's main index eked out a tiny gain on Tuesday as firmness in financial shares, due in part to a U.S. Federal Reserve plan to aid consumer lending, offset weakness in technology and materials issues.
Borders' 3Q loss widens; co. no longer for sale
 
AP - PORTLAND, Ore. — Borders Group Inc. reported Tuesday that falling sales widened the company's loss in the third quarter and said the company is no longer considering selling its core business.
Record $70 Bil Flees From Stock Funds
 
Investor's Business Daily - Investors pulled a record $72.29 billion from stock funds in October, as the stock market suffered one of its worst months ever. Bond funds also had record outflow of $40.59 billion as interest rates gyrated amid fears about the economy.

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