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Example Headline of Genre for Date
World stocks up despite signs of deepening slump
AP - Asian stock markets rose Thursday, with Tokyo's index up nearly 2 percent, as gains on Wall Street offset alarming new signs the region's economies were slowing faster than expected amid plummeting demand for their goods. European shares also opened higher.
World crisis deepens as downturn hits China
AFP - Grim economic news from China and upheaval for banks in Europe showed the global financial crisis hitting ever harder on Thursday, though stock markets rebounded after two days of losses.
Wall Street headed for a mostly lower opening
AP - After a volatile start to the week, Wall Street headed for a mostly lower opening Thursday ahead of key data on jobs and housing and another round of earnings reports.
Oil prices gain ground before key US stocks report
AFP - World oil prices marched upwards on Thursday, winning support from a global equities rally ahead a vital report on crude reserves in the United States, the number one energy consuming nation, dealers said.
FTSE-100 up 49.65 at 4,109.53
AP - Share prices on the London Stock Exchange were higher at midday Thursday.
World markets rise as bank stocks rebound
AP - World stock markets rose Thursday as investors bought up what they saw as cheap bank stocks, which had fallen sharply in recent days on worries about steep losses amid the global financial crisis.
London shares rise in early trade
AFP - London stocks were up in early trade on Thursday as banks bounced back and after Asia gained in response to a rally on Wall Street.
Fifth Third posts $2.2 billion loss on writedown
Reuters - Fifth Third Bancorp posted a quarterly loss of $2.2 billion on Thursday, its third straight loss, as the large Midwest regional bank wrote down its banking business following recent acquisitions.
Fiat reports 69 percent drop 4Q profit
AP - Italian auto maker Fiat on Thursday reported a 69.8 percent drop in fourth quarter profit on a slump in demand for its cars from the economic slowdown in its key western European and south American markets.
Baxter 4Q profit up 19 percent on plasma sales
AP - Baxter International Inc. said Thursday its profit grew 19 percent in the fourth quarter on stronger results from its bioscience business.
UnitedHealth 4Q profit falls, meets expectations
AP - Managed-care provider UnitedHealth Group Inc. said Thursday its fourth-quarter profit fell 40 percent compared with last year, as it settled a lawsuit and dealt with rising expenses.
Lockheed Martin profit edges up but outlook slides
AP - Lockheed Martin says its fourth-quarter earnings rose 3 percent to top Wall Street expectations, but the defense contractor has lowered its 2009 profit outlook on an expected spike in pension costs.
Wall Street opens lower on Microsoft report
AP - Worse-than-expected economic data and disappointing results at Microsoft Corp. sent stocks down in early trading Thursday. The Dow Jones industrials fell more than 150 points.
European stock rally tempered by expected US fall
AP - European stocks rose Thursday as investors bought up what they saw as cheap bank stocks, although gains were dampened by expectations of a soft opening on Wall Street.
Fifth Third posts $2.2B loss in 4th quarter
AP - Fifth Third Bancorp said Thursday it lost $2.2 billion in the fourth quarter of last year, mainly due to rising defaults on loans, charges on goodwill and credit costs.
Northrop Grumman to post 2008 loss on $3B charge
AP - Defense contractor Northrop Grumman has warned it will post losses for the 2008 fourth quarter and full year due to a charge of $3 billion to $3.4 billion connected to past acquisitions.
Southwest Airlines reports 4Q loss
AP - Southwest Airlines says it lost money in the fourth quarter as its fuel-hedging strategy lost punch.
Wall Street tumbles on Microsoft report, bank woes
AP - Wall Street is down sharply as disappointing results at Microsoft Corp. and increasing concerns about the nation's banks are weighing on investors.
World markets mixed as US data worse than expected
AP - World stocks were mixed Thursday after worse-than-expected U.S. unemployment and housing data cut off an earlier rebound that saw investors buying up beaten-down bank stocks.
Latin American stocks falling early on
AP - Most Latin American stocks fell in early trading Thursday in the wake of worse-than-expected economic data in the U.S. and despite a big interest-rate cut in Brazil.
Fiat reports 70 percent drop in 4Q profit
AP - Italian auto maker Fiat on Thursday reported a 70 percent drop in fourth quarter profit on a slump in demand for its cars as the economic slowdown hit its key western European and south American markets.
GM settles with SEC over pension accounting errors
AP - General Motors Corp. is settling federal charges related to accounting errors in financial statements the automaker filed in 2002.
London shares finish down off earlier highs
AFP - London stocks finished down slightly on Thursday as heavy losses for British Telecom and Barclays wiped out earlier highs.
World crisis deepens as downturn bites in Asia
AFP - Grim economic news from China and Japan showed the global crisis hitting ever harder Thursday, burning Asia's champion exporters while data from the United States signalled more pain to come.
Record Apple Earnings Top Wall Street Expectations
NewsFactor - What recession? Apple on Wednesday announced its fiscal 2009 first-quarter results with record-breaking numbers. The company topped $10 billion in quarterly sales for the first time and exceeded Wall Street's expectations.
Sherwin-Williams offers weak 4Q results, 1Q view
AP - Sherwin-Williams Co., citing the bleak housing market and worsening economy, said Thursday its profit fell by half in the fourth quarter and revenue decreased 8 percent.
Brinker posts 2Q loss but results top Street
AP - Brinker International Inc., which operates the Chili's Grill & Bar restaurant chain, posted a loss in its fiscal second quarter Thursday due to the sale of a restaurant chain and other one-time items.
Stocks pare losses from Microsoft, bank woes
AP - Stocks seesawed in a wide range Thursday as investors shuttled between worries about the nation's banks and hopes that quick action on stimulus spending in Washington can help prop up the economy.
UnitedHealth stock climbs after 'solid' 4Q report
AP - UnitedHealth Group Inc. stock soared Thursday after the health insurer released a fourth-quarter report that showed signs it might be building momentum in a recession-battered industry.
GM escapes SEC accounting probe without penalty
AP - General Motors Corp. escaped from a federal accounting probe without penalty Thursday when the Securities and Exchange Commission settled charges that GM's mistakes violated federal laws.
Capital One posts loss after impairment, shares fall
Reuters - Capital One Financial Corp , a credit-card issuer and bank, posted a fourth-quarter loss on Thursday after writing down the value of its auto finance business, and set aside more money to cover bad loans.
Capital One swings to $1.45 billion loss in 4Q
AP - Capital One Financial Corp. said Thursday it swung to a $1.45 billion loss in the fourth quarter as the bank set aside $2.1 billion for loan losses amid rising credit card delinquencies and took an $811 million impairment charge connected to its struggling auto finance business.
Google quarterly profit trumps expectations
AFP - Google on Thursday trumped market expectations and reported a net profit of 382 million dollars during the final three months of 2008.
Latin American stocks fall
AP - Latin America's major stock markets fell Thursday, tracking U.S. equities on news of contracting earnings and job cuts at Microsoft Corp.
Gold prices post moderate advance
AP - Gold turned into a refuge from Wall Street Thursday, rising moderately as investors pulled money out of stocks amid discouraging earnings reports and downbeat economic data. Energy and agriculture futures were mostly lower.
Google Q4 Earnings Plummet, Revenue up 18%
PC World - Google's profit took a dive in the fourth quarter, which ended Dec. 31, while revenue grew almost 20 percent, the company announced Thursday.
Google Profits Fall, But Revenue Climbs
PC Magazine - Despite a day of lackluster earnings reports from the nation's top tech companies, Google on Thursday reported an 18 percent increase in revenue, and announced an employee stock option exchange plan. Otherwise, Google's path ahead looks surprisingly straightforward.
Schapiro approved as new SEC chairman
Reuters - Veteran securities regulator Mary Schapiro was approved by the U.S. Senate on Thursday to head the Securities and Exchange Commission where she will face the challenge of reinvigorating the agency criticized for missing one of the biggest investment frauds in history.
Samsung posts loss as diving demand hits tech firms
Reuters - South Korea's Samsung Electronics posted its first ever quarterly loss on Friday, joining a host of technology companies including Microsoft and Nokia suffering from diving prices and slumping demand.
Samsung Electronics reports 4th-quarter net loss
AP - Samsung Electronics Co. said Friday it posted a fourth-quarter net loss amid falling prices for key products and weak consumer demand resulting from the global economic slump.
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