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CompareCC News Archive Listing for Stocks and Investing during 2009-06-24.
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Asian stocks recover ahead of Fed announcement
 
AP - Asian stock markets recovered modestly Wednesday as investors awaited the outcome of the U.S. Federal Reserve meeting later in the day.
Asia stocks rebound before Fed; Europe up slightly
 
AP - Asian stock markets rebounded moderately Wednesday as investors awaited the outcome of the U.S. Federal Reserve meeting later in the day. European markets were slightly higher.
World markets steady ahead of key Fed statement
 
AP - World stock markets rose modestly Wednesday as investors looked for direction from the U.S. Federal Reserve's policy statement due later in the day.
Stock futures rise ahead of Fed, economic data
 
AP - Investors are hoping for reassuring words from the Federal Reserve.
European stocks firm before US rate decision
 
AFP - Europe's main stock markets firmed on Wednesday amid expectations that the US Federal Reserve will keep rates historicaly low and on signs that recession may be ending in major economies.
Rite Aid pares 1Q loss but lowers 2010 forecast
 
AP - Drugstore operator Rite Aid Corp. says it narrowed its fiscal first-quarter loss by closing stores and trimming costs, but it expects a greater deficit for the year because of refinancing expenses.
Stocks hold gains despite drop in new home sales
 
AP - Stocks are clinging to early gains despite a surprise drop in new home sales.
Wall Street keeps gains after new home sales data
 
Reuters - Wall Street maintained early gains on Wednesday despite data that showed the hard-hit housing market remained fragile as investors awaited a Federal Reserve statement later in the day.
Monsanto 3Q profit falls 14 pct, will cut 900 jobs
 
AP - Monsanto Co., the world's biggest seed maker, said Wednesday its third-quarter profit fell 14 percent and it plans to cut 900 jobs, or about 4 percent of its work force.
Monsanto profit, restructuring send shares higher
 
Reuters - Monsanto Co, the world's biggest seed company, posted a smaller-than-expected profit drop and planned a restructuring to cut about 900 employees and realign its declining herbicide business, sending its shares higher.
SEC pitches tightened rules for money-market funds
 
AP - Federal regulators are proposing tightened rules for money-market mutual funds that will require them to hold a reserve of assets that could be easily sold and to invest only in the highest quality securities.
Stocks market gains ahead of Fed statement
 
AP - A surprise jump in orders for big-ticket manufactured items is boosting stocks ahead of the Federal Reserve's decision on interest rates.
SEC considers tough rules for money funds
 
Reuters - U.S. securities regulators are considering tough new rules for money market funds to help avoid a repeat of what happened when the collapse of the Reserve Primary Fund wreaked havoc on the $3.67 trillion market.
Monsanto beats view, to restructure Roundup unit
 
Reuters - Monsanto Co posted a smaller-than-expected slide in quarterly profit on Wednesday and said it would cut jobs and realign its Roundup herbicide business as surprisingly strong competition hammered sales.
SEC proposes tough rules for money market funds
 
Reuters - U.S. securities regulators proposed tough new rules for money market funds to help avoid a repeat of what happened when the collapse of the Reserve Primary Fund triggered a wave of redemptions in the $3.67 trillion market.
Rite Aid pares 1Q loss and reduces spending
 
AP - Drugstore operator Rite Aid Corp. said Wednesday it narrowed its fiscal first-quarter loss by closing stores and trimming costs, and making progress as it works to eliminate $6 billion in debt.
Stocks end mostly higher after Fed assessment
 
AP - The Federal Reserve didn't surprise investors but still left them disappointed.
Paychex 4Q profit falls
 
AP - Payroll and personnel services provider Paychex Inc. said Wednesday its fiscal fourth-quarter profit and sales declined in what the company called one of the most challenging years in its history.
Herman Miller fiscal 4th-quarter profit falls
 
AP - Furniture maker Herman Miller Inc. said Wednesday fiscal fourth-quarter profit fell 82 percent, hurt by weak demand for office furniture and restructuring charges.
Nike 4Q profit declines on costs to cut jobs
 
AP - Athletic footwear and apparel company Nike Inc. reported Wednesday that its profit dropped in its fiscal fourth quarter on costs to cut jobs, but adjusted results beat Wall Street expectations.
Nike orders disappoint, shares drop
 
Reuters - Nike Inc reported a worse-than-expected global decline in forward orders sending shares of the world's largest athletic shoe and clothing company down 4.1 percent.
Nike 4Q profit declines but sees 'swoosh' recovery
 
AP - Nike Inc. said Wednesday it is betting on a 'swoosh-shaped' global economic recovery and that the athletic shoe and clothing maker is poised to benefit as the gradual rebound begins.
Nike orders disappoint, shares fall
 
Reuters - Nike Inc reported a worse-than-expected global decline in forward orders, especially in its European region, sending shares of the world's largest athletic shoe and clothing company down nearly 5 percent in extended trading on Wednesday.

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