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CompareCC News Archive Listing for Stocks and Investing during 2010-03-04.
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Sina misses analyst estimates with adjusted profit
 
AP - Chinese Internet portal operator Sina Corp. on Wednesday missed analyst expectations with its adjusted fourth-quarter profit.
Stocks little changed ahead of economic reports
 
AP - Investors aren't making any big moves ahead of a crush of data over the next two days that culminates with the monthly jobs report. Stock futures are trading in a narrow range Thursday.
European stocks drop before rate calls
 
AFP - Europe's main stock market dropped on Thursday as investors awaited monetary policy updates from the European Central Bank and Bank of England and developments surrounding Greece's debt and bond issue.
Shipper A.P. Moller-Maersk posts annual loss
 
AP - Danish container shipping and oil group A.P. Moller-Maersk A/S on Thursday reported an annual loss of 7.0 billion kroner ($1.3 billion), citing a drop in global shipments of goods amid the economic crisis.
Supermarket operator Ahold profit drops in Q4
 
AP - Royal Ahold NV, the Dutch owner of the Stop & Shop and Giant supermarket chains in the US, reported an 8.2 percent fall in profit for the fourth quarter on Thursday.
Stock futures little changed after jobless claims
 
Reuters - U.S. stock index futures were little changed on Thursday after data showed applications for first time jobless insurance fell in the latest week to a level roughly as expected.
Primedia posts lower 4Q profit, sales
 
AP - Primedia Inc., which publishes consumer guides mainly for apartments and other rental properties, said Thursday its fourth-quarter net income dropped sharply as the economic downturn hurt advertising revenue.
Inspire posts smaller loss as Azasite sales rise
 
AP - Inspire Pharmaceuticals Inc. said Thursday it had a smaller loss in the fourth quarter, as sales of its pinkeye treatment Azasite climbed due to a shortage of a competing product.
Ciena posts larger fiscal 1Q loss, shares fall
 
AP - Telecommunications equipment maker Ciena Corp. on Thursday posted a larger net loss for its fiscal first quarter as it recorded costs from its pending acquisition of Nortel's optical networking and carrier ethernet businesses.
Wendy's/Arby's to spend more in 2010, shares fall
 
Reuters - Wendy's/Arby's Group Inc reported a stronger-than-expected quarterly results but said it will spend more to jump-start growth at its restaurants in 2010, and its shares fell nearly 4 percent in premarket trading.
Dex One posts larger 4Q loss, weighed by charges
 
AP - Dex One Corp., the marketing services company formerly known as R.H. Donnelley, posted a larger fourth-quarter net loss Thursday, dragged down by impairment charges and lower revenue.
Stocks flat as energy losses offset retail sales
 
Reuters - Stocks pared early gains on Thursday, hurt as weaker-than-expected energy demand hit the oil and gas sector, offsetting solid February retail sales figures.
European stocks drift after rates left unchanged
 
AP - European stocks drifted down Thursday after the European Central Bank and the Bank of England kept their interest rates at record lows and investors digested Greece's sale of euro5 billion ($6.8 billion) in bonds to finance its debt.
Wall St edges higher; Friday's jobs data awaited
 
Reuters - U.S. stocks inched higher at midday on Thursday, paring earlier gains, as lower energy prices and an unexpected fall in home sales offset optimism stirred by retailers' better-than-expected monthly sales.
Nash Finch reports fiscal 4Q loss on charge
 
AP - Food distributor Nash Finch Co. on Thursday reported a fiscal fourth-quarter loss stemming from a major goodwill impairment charge it logged during the period.
Wendy's/Arby's 4Q loss narrows; Arby's still hurts
 
AP - Fast-food chain Wendy's/Arby's Group Inc. is planning a massive effort to revitalize its flagging Arby's brand, rolling out a dollar menu nationwide next month and pouring millions into revamping restaurants.
Crown Media 4Q profit falls 71 pct on higher costs
 
AP - Crown Media Holdings Inc., which operates the Hallmark cable channels, on Thursday reported a 71 percent drop in its fourth-quarter profit after accounting for contract termination costs.
Wendy's/Arby's profit view below Street, shares down
 
Reuters - Wendy's/Arby's Group Inc , the third-largest U.S. fast-food restaurant operator, issued a 2010 earnings growth forecast below Wall Street's view, sending its shares down 1.6 percent.
Stocks edge up on mixed data; jobs report eyed
 
Reuters - Stocks clung to tiny gains in afternoon trading on Thursday, retreating from an earlier advance as lower energy prices and an unexpected fall in home sales offset optimism stirred by retailers' better-than-expected monthly sales.
Suntech posts $50M profit in 4th quarter
 
AP - Suntech Power Holdings Co. on Thursday said the company earned nearly $50 million in the fourth quarter after reducing expenses while boosting shipments of solar products to the U.S. The company posted a loss in the same period of 2008.
Wall St rallies late on retail sales; jobs data eyed
 
Reuters - Stocks rose on Thursday as better-than-expected monthly sales from retailers and a drop in the number of Americans filing claims for jobless benefits pointed to stabilization in the economy.
Wendy's/Arby's, Abercrombie & Fitch are big movers
 
AP - Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Marvell's 4Q tops analyst views; stock still sags
 
AP - Marvell Technology Group Ltd.'s fiscal fourth-quarter profit topped analyst estimates as sales revived of its chips for data storage and communications products.
Morton's reports losses, but outlooks boost shares
 
AP - Shares of Morton's Restaurant Group Inc. climbed Thursday after the restaurant operator forecast better profit for its fiscal first quarter and full year than analysts expected.
SEC charges market psychic alleging $6M scam
 
AP - A man calling himself 'America's Prophet' and claiming the psychic ability to predict the stock market's highs and lows was accused by federal regulators Thursday of bilking $6 million from more than 100 investors.
Wall Street rallies late on retail sales
 
Reuters - Stocks rose on Thursday as better-than-expected monthly sales from retailers and a drop in the number of Americans filing claims for jobless benefits pointed to stabilization in the economy.
Summary Box: Dow industrials erase losses for 2010
 
AP - BACK TO GAINS: The Dow Jones industrial average rose 48 points to erase its losses for 2010. Traders set aside some concerns about a drop in pending home sales and looked ahead to the government's February jobs report, due Friday morning.
Union Drilling 4Q loss narrows as revenue falls
 
AP - Union Drilling on Thursday reported a smaller fourth-quarter loss than it did in the year-earlier quarter when the drilling company recorded a hefty charge to write down the value of the company's assets.
Energy Recovery 4Q earnings drop 69 percent
 
AP - Energy Recovery Inc. said Thursday its fourth-quarter income plunged 69 percent as the banking meltdown led to delays in the financing of major projects.
Alaska Communications 4Q loss narrows
 
AP - Local phone company Alaska Communications Systems Group Inc. on Thursday reported a smaller loss for the fourth quarter even as revenue fell, because the 2008 quarter's loss was inflated by a hefty charge to write down the value of assets.
Bell Microproducts shares climb after 4Q report
 
AP - Shares of Bell Microproducts Inc. jumped Thursday after the computer products distributor reported a fourth-quarter profit as revenue rose and operating expenses shrank.

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