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CompareCC News Archive Listing for Stocks and Investing during 2009-08-17.
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Wall Street snaps 4-week winning streak as data weighs
 
Reuters - U.S. stocks fell broadly on Friday, as the major indexes snapped a four-week streak of gains after weak consumer sentiment data fueled concerns about the strength of an economic recovery.
Asian stocks tumble amid worries about US consumer
 
AP - Asian stocks fell sharply Monday as signs of weak U.S. consumer confidence aggravated doubts in the recovery's strength, overshadowing news that Japan's economy climbed out of its recession last quarter.
Stock futures signal sharp drop after Asia selloff
 
Reuters - Stock index futures extended their losses early on Monday, mirroring a selloff in Asian and European stocks on mounting worries the equities' recent surge had run ahead of the global economic recovery.
World stocks tumble amid worries about US consumer
 
AP - World stocks tumbled Monday as signs of weak U.S. consumer confidence aggravated doubts in the recovery's strength, overshadowing news that Japan's economy climbed out of its recession last quarter.
FTSE 100 opens lower
 
AFP - London's benchmark shares index slid lower in opening deals on Monday after hitting a ten-month peak last week.
World stocks, oil tumble on US consumer worries
 
AP - World stock markets and oil prices slid Monday as worries about the consumer outlook in the U.S. reined in hopes about the pace of any global economic recovery — despite the news that Japan has climbed out of recession.
World stocks, oil slide on US consumer worries
 
AP - World stock markets and oil prices fell sharply Monday as worries about U.S. consumer spending reined in hopes for a quick global economic recovery — causing investors to look past the news that Japan has climbed out of recession.
Oil prices fall further
 
AFP - World oil prices sank on Monday, extending heavy pre-weekend losses as traders took profits and digest falling consumer confidence in the United States, analysts said.
World stocks plunge despite Japan's recovery
 
AFP - Global stock markets plunged Monday, despite news that Japan has emerged from recession, as investors questioned the strength of a tentative worldwide economic recovery, dealers said.
Lego 6-month profit surges to $177 million
 
AP - Danish toy maker Lego said Monday that six-month net profit nearly doubled to 927 million kroner ($177 million) on strong sales of its best-selling products.
World stocks plunge
 
AFP - Global stock markets plunged Monday, despite news that Japan has emerged from recession, as investors questioned the strength of a tentative worldwide economic recovery, dealers said.
FTSE 100 shares suffer
 
AFP - London stocks fell sharply on Monday as risk-averse dealers looked to cash in on their shares folllowing the release of negative US data on Friday.
Earnings Preview-TJX Cos.
 
AP - Discount retail operator TJX Cos. reports results for the second quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period.
SEC extends comment period on short-selling
 
AP - The Securities and Exchange Commission is extending the public comment period for possible approaches to rein in short selling and may be leaning toward one of the two main alternatives being considered.
World stocks sharply lower on outlook concerns
 
AFP - Global stock markets were sharply lower on Monday as investors took profits on recent gains despite Japan's rebound from recession and positive US data, dealers said.
Oil prices slump as equities slide
 
AFP - Oil prices sank on Monday, extending heavy pre-weekend losses and mirroring slumping stock markets as traders eyed weak consumer confidence in the United States, the world's biggest crude consumer.
Oil prices slump on US recovery worries
 
AFP - Oil prices slumped Monday, extending heavy pre-weekend losses and mirroring slumping stock markets, amid concerns that US economic recovery would take longer than expected.
Earnings Preview: BJ's Wholesale Club Inc.
 
AP - BJ's Wholesale Club Inc. is scheduled to report earnings for its fiscal second quarter Wednesday before the market opens. The following is a summary of key developments and analyst opinion related to the period.
Spherix 2Q loss widens on higher costs
 
AP - Spherix Inc., a provider of biotech and information technology services, said Monday its second-quarter loss widened on higher operating expenses.
Lowe's curbs expansion as consumers pull back
 
Reuters - Lowe's Cos , the No. 2 U.S. home improvement chain, curbed its expansion plans and forecast worse-than-expected results in the third quarter as recession-weary consumers put off big renovations, sending its shares down more than 11 percent.
Ex-Wall St. broker convicted in $1B subprime fraud
 
AP - A former Wall Street broker has been convicted of conspiracy and securities fraud after investors lost nearly $1 billion in a subprime mortgage fraud.
TechTarget loses $543K in second quarter
 
AP - TechTarget Inc. said Monday that it lost $543,000 in the second quarter as sales fell.
Agilent Tech posts better-than-expected 3Q results
 
AP - Testing instrument maker Agilent Technologies Inc. said Monday it slid to a third-quarter loss, reversing year-ago profit, as it booked restructuring and other charges. But adjusted results topped Wall Street expectations, and the company's strong fourth-quarter forecast sent shares up 3 percent in aftermarket trading.
AirMedia posts steep 2Q loss on higher costs
 
AP - AirMedia Group Inc., which runs networks of digital screens that carry advertising and content in airports and places ads on airplane TV screens, on Monday reported a second-quarter loss as costs surged as it expanded its business.
Ex-Stanford adviser says warned SEC about bad CDs
 
AP - A former financial adviser with R. Allen Stanford's financial company told a U.S. Senate panel on Monday that she warned the Securities and Exchange Commission about the firm's hawking of shady investments five years before it closed the firm and accused the Texas billionaire of running a Ponzi scheme.
Global Stocks Dive As Reports Raise Economic Worries
 
Investor's Business Daily - Stocks sold off worldwide Monday as news from China and Japan raised concerns that investors have been too bullish about a global economic recovery.

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