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Example Headline of Genre for Date
Asia stocks mostly higher, but China markets weigh
AP - Asian stocks were modestly higher Friday, but worries about tighter government policies sent China's markets lower for a second day.
World stocks rise on hopes for consumer recovery
AP - World stocks rose Friday, as strong earnings from consumer goods companies and a rise in European economic confidence suggested that household spending may slowly be picking up amid the economic downturn.
Time to Take Action?
BusinessWeek - After the bear market wreaked havoc on your investments, did you kick any loser funds to the curb in favor of a simplified portfolio? If so, you're not alone. The trend to eschew actively managed mutual funds in favor of low-cost index funds has intensified during the recession, with investors adding more than $253 billion in funds with 'passive' investing strategies since the end of 2007, vs. $72 billion taken out of active funds. In the first half of 2009, almost $22 billion in new cash was added to equity index funds, vs. $20 billion in net outflows for active stock funds. ...
Stock futures point to moderately higher open
AP - Stock futures are moderately higher Friday ahead of an economic report that could provide more insight into how consumers are faring.
European stocks rally as British recession eases
AFP - European equities rallied on Friday, boosted by strong gains on Wall Street as investors digested news that the British recession was not as deep as expected in the second quarter.
Oil prices edge above $73 as stocks recover
AP - Oil prices edged above $73 on Friday, as stock market increases and corporate earnings reports suggested consumer demand may be slowly rising again. Gains were limited, however, by worries that a recovery may not be sustainable.
Nasdaq up but S&P flat after consumer data
Reuters - The Nasdaq rose on Friday but was sharply off session highs after an improved revenue forecast from Intel Corp and better-than expected quarterly profit from Dell Inc boosted the technology sector.
Stock Fund Inflow Slowed During July
Investor's Business Daily - Investors' appetite for stock funds eased a bit in July, but their craving for bond funds increased as they poured in a record $35.14 billion of new money.
Tiffany results top view on cost cuts, demand
Reuters - Tiffany & Co posted higher-than-expected quarterly earnings on cost cuts and slightly recovering demand for jewelry, and raised its full-year outlook, sending its shares up 8.7 percent.
FTSE shares close up on positive data
AFP - London stocks finished up on Friday after data showed Britain's recession was not as deep as expected in the second quarter.
Lukoil's Q2 net profit down 44 percent
AP - Lukoil, Russia's largest private oil company, on Friday posted a 44 percent drop in net profit for the second quarter due to lower oil prices, but still beat analyst expectations.
Hermes profit down 7 percent in 1st half
AP - Luxury goods maker Hermes International on Friday reported a 7 percent drop in net profit in the first half of the year but said it still plans to open or renovate several stores in the second half.
SEC slapped on oversight of credit agencies
Reuters - The Securities and Exchange Commission's internal watchdog has criticized the agency for approving a credit rating agency, even though it had suspicions about the accuracy of its financial information.
Cyclacel Pharmaceuticals faces Nasdaq delisting
AP - Cyclacel Pharmaceuticals Inc. said Friday it could be delisted from Nasdaq because it does not comply with the $10 million minimum shareholder equity requirement.
Canadian big banks top expectations
AP - Canada's major banks continue to show they largely avoided the financial meltdown experienced by banks south of the border and overseas.
Kansas bank profits fall in second quarter
AP - Kansas banks recorded much smaller profits in the second quarter of 2009 as bad loans continued to hurt lenders' bottom lines.
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