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CompareCC News Archive Listing for Stocks and Investing during 2010-03-10.
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Euro hurt by European woes; China data boosts oil
 
Reuters - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's strong export and import data.
Stock futures signal higher open; Facet eyed
 
Reuters - Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.25 percent.
FTSE 100 shares slip in early trade
 
AFP - Leading shares nudged lower at the start of trade on Wednesday amid continuing uncertainty over Europe's economic outlook.
Fiscal issues hit euro, sterling; stocks flat
 
Reuters - Concerns over Europe's fiscal problems hit the euro and sterling on Wednesday, while world stocks hovered near their recent six-week highs, though they were still up 66 percent from a low hit one year ago.
Stock futures point to flat open as M&A heats up
 
Reuters - U.S. stock index futures pointed to a flat open on Wednesday as investors awaited January wholesale sales and inventory data and digested a slew of new corporate deals.
FTSE 100 shares edge higher
 
AFP - Leading shares nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results.
European stocks edge ahead as investors await data
 
AFP - Europe's leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results.
Brown-Forman 3Q profit falls on higher expenses
 
AP - The maker of Jack Daniel's whiskey and Korbel champagne saw its fiscal third-quarter profit drop on higher expenses that were expected, but adjusted results surpassed analysts' estimates.
Markets edge higher after M&A activity
 
Reuters - U.S. stocks drifted higher on Wednesday following several merger and acquisition deals, overshadowing an unexpected drop in January wholesale inventories.
World stocks up modestly; pound takes another hit
 
AP - World stock markets rose modestly Wednesday, though trading was listless as investors looked for direction. The British pound continued to founder following weak industrial output figures.
S&P gains as financials' outlook improves
 
Reuters - The S&P 500 rose on Wednesday as investors snapped up shares of bailed-out financial companies on hopes the sector may be poised for a recovery as the U.S. economy improves, while a drop in oil producer Chevron's stock pushed the Dow slightly lower.
A decade later, lessons in the Nasdaq collapse
 
Reuters - Ten years ago today, before the dot-com bubble burst, the Nasdaq composite index hit a record 5,132.52 points -- a peak that the technology-heavy market shows no sign of scaling again any time soon.
Banks, tech lead Wall Street higher
 
Reuters - Bank and technology shares lifted Wall Street on Wednesday on hopes the sectors may be poised for a recovery as the U.S. economy improves.
ExlService 4Q results, 2010 guidance top estimates
 
AP - Shares of ExlService Holdings Inc. hit their highest point since June 2008 Wednesday after the company's fourth-quarter results and 2010 sales guidance topped analyst expectations.
Speedway Motorsports 4Q loss widens
 
AP - Speedway Motorsports Inc. said Wednesday that its fourth-quarter loss widened as tough economic conditions depressed revenue from racing events and expenses grew.
Wall St gains on economy bets; banks, techs lead
 
Reuters - Bank and technology shares lifted Wall Street on Wednesday on hopes a revival in business demand will boost corporate profits.
TechTarget posts 4Q loss, CEO sees healthy growth
 
AP - Technology Web site operator TechTarget Inc. posted a fourth-quarter loss as sales slipped and the company absorbed higher expenses for stock-based compensation, but CEO Greg Strakosch predicted 'healthy growth' in 2010, now that 'the worst of the downturn is behind us.'
Men's Wearhouse loses $18.9M in 4th qtr
 
AP - Retailer Men's Wearhouse moved to a loss in its fiscal fourth quarter as clothing sales and tuxedo rentals fell from the year before, the company said on Wednesday.
Summary Box: Stocks rise after inventories fall
 
AP - GOOD NEWS, MODEST MOVES: The Dow Jones industrial average tacked on only 3 points Wednesday after the government said that inventories at wholesalers fell in January while sales rose. That suggests that demand is strengthening.
Bets on economy lift Wall Street; banks, tech lead
 
Reuters - Bank and technology shares lifted Wall Street on Wednesday on hopes a revival in business demand will boost corporate profits.
Clarient 4th-quarter loss widens on higher costs
 
AP - Diagnostic and laboratory services company Clarient Inc. said Wednesday its fourth-quarter loss widened slightly on higher operating expenses.
Quality Distribution 4Q profit fall as sales drop
 
AP - Quality Distribution Inc., which hauls chemicals in trucks, said Wednesday its fourth-quarter earnings fell on lower sales and one-time expenses.
Asian stocks ease after China data, yen struggles
 
Reuters - Asian stocks fell on Thursday as investors fretted over tighter monetary policy in China on the back of strong loan growth and quickening inflation, while the yen struggled amid signs that Japan's economy may need more support.

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