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Asia stocks advance on US consumer confidence
AP - Asian stocks posted modest gains Wednesday, lifted by rising U.S. consumer confidence and a healing housing market that sent Wall Street higher overnight.
World markets advance on US consumer confidence
AP - World stocks posted modest gains Wednesday, lifted by rising U.S. consumer confidence and a healing housing market that sent Wall Street higher overnight.
FTSE opens slightly down
AFP - London stocks fell slightly at the start of trading on Wednesday after yesterday's advances on the back of ten-month high oil prices and positive consumer confidence figures in the US.
World stocks steady; Ifo briefly lifts euro
Reuters - World stocks steadied just off this week's 10-month high on Wednesday while a closely-watched German survey, showing a bigger-than-expected improvement in business morale, gave the euro a brief shot in the arm.
European stocks slip on caution about recovery
AP - European stocks edged lower on Wednesday as upbeat German and U.S. economic data were not enough to convince investors that the global recovery can last beyond the short-term. Asian shares rose.
Stock futures point to modestly lower open
AP - Stock futures were modestly lower Wednesday as investors prepare for a key reading on orders to U.S. factories and the latest in a series of housing reports as the government releases data on new home sales.
DSW 2Q profit beats Street view
AP - Shoe retailer DSW Inc. said Wednesday its second-quarter profit fell 31 percent but it still beat Wall Street's consensus prediction. It also raised its 2009 profit estimate.
Dollar Tree shares rise on profit jump
Reuters - Dollar Tree Inc reported a better-than-expected 51 percent jump in quarterly profit on Wednesday and boosted its full-year profit forecast, as customers flocked to its stores for inexpensive food, cleaning supplies and toys.
CNOOC says 1H profit down 55 pct on lower prices
AP - CNOOC Ltd., China's third-largest oil and gas producer, said Wednesday its first-half profit sank 55 percent on sharply lower oil prices but it forecast better results as the economy recovers.
Gazprom's 1Q profit down 62 pct to $3.3 bln
AP - Russian gas monopoly Gazprom on Wednesday reported a 62 percent drop in net profit for the first quarter of 2009, when the company was hit hard by disruptions of gas supplies to Europe and the plunging value of the ruble.
Stocks trim losses after jump in home sales
AP - Stocks are trimming their losses after a report showing a surge in new home sales.
Canada's Eldorado agrees to buy rest of Sino Gold
AP - Canada's Eldorado Gold Corp. said Wednesday it has agreed to swap about $1.8 billion in stock for all remaining shares of Australia's Sino Gold Mining Ltd., one of the largest gold mining groups in China.
European stocks dip with US set to open lower
AP - European stocks slipped Wednesday and Wall Street was also expected to open lower as upbeat German and U.S. economic data were not enough to convince investors that any global recovery could last beyond the short term.
US thrifts earn $4M in 2Q; 40 on 'problem' list
AP - U.S. thrifts eked out a $4 million profit in the second quarter, but the number of troubled institutions continued to rise, the government reported Wednesday.
Williams-Sonoma 2Q profit falls partly on charges
AP - Williams-Sonoma Inc. said Wednesday that its profit tumbled in the second quarter on charges related to underperforming stores and lower sales.
Dollar Tree posts higher profit, raises outlook
Reuters - Retailer Dollar Tree Inc reported a higher-than-expected jump in quarterly profit on Wednesday and boosted its full-year sales and earnings forecast, sending its shares up nearly 5 percent.
Stocks waver after Dow's 6-day climb
AP - Reports showing jumps in home sales and factory orders weren't enough to keep stocks afloat Wednesday.
Natixis parent company to guarantee toxic assets
AP - French bank Natixis said its parent company has agreed to guarantee euro35 billion ($50 billion) of its toxic assets, a move it expects will help it return to profitability in the second half after reporting Wednesday its fifth consecutive quarterly loss.
New York & Co. reports 2nd-quarter loss
AP - Apparel maker New York & Co. on Wednesday reported a fiscal second-quarter loss, but results matched analyst expectations.
Stocks eke out small gains, Dow higher for 7th day
AP - Stocks finished a choppy day of trading Wednesday mostly higher following positive reports on home sales and factory orders.
Heico 3Q profit falls as air travel slumps
AP - Aerospace and defense company Heico Corp. said Wednesday its third-quarter earnings fell 13 percent, hurt by the ongoing slump in passenger and cargo air traffic.
TiVo Inc. posts smaller-than-expected 2Q loss
AP - TiVo Inc. on Wednesday reported a loss for the second quarter as revenue fell 12 percent on fewer subscriptions, but results still topped Wall Street expectations.
Oil falls towards $71 on U.S. stockbuild; China eyed
Reuters - Oil fell toward $71 on Thursday, extending losses by more than $3 after touching a 10-month high this week, as rising crude and diesel stocks eclipsed healthy economic data from the United States and Europe.
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