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CompareCC News Archive Listing for Stocks and Investing during 2010-03-18.
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Euro drops as Greece fears stoked, Treasuries up
 
Reuters - The euro dropped on Thursday on a report that Greece is not hopeful of aid from the European Union, while Asian stocks hovered near a two-month high, supported by solid growth expectations for the region.
Stock futures signal dip; Nike eyed
 
Reuters - Stock index futures pointed to a slightly lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures down 0.12 percent.
Greek worries rattle euro, world stocks dip
 
Reuters - World stocks slipped back from recent closing highs on Thursday and the euro fell half a percent against the dollar on worries about Greece not receiving European Union aid.
China Mobile beats estimates on strong data services
 
Reuters - China Mobile (0941.HK) is starting to benefit from its years of investment in non-voice services, helping the world's largest mobile carrier by subscribers to report an unexpected rise in revenue per user.
Sirius XM gets 2nd warning from Nasdaq
 
AP - Satellite radio operator Sirius XM Radio Inc. said Thursday it has received a second notice that it may be kicked off the Nasdaq exchange.
Futures dip with jobs, inflation data on tap
 
Reuters - Stock index futures dipped on Thursday, one day after the Dow pushed to a 17-month high, while investors awaited data on consumer inflation and the labor market.
FedEx profit more than doubles, tops expectations
 
Reuters - Package delivery giant FedEx Corp posted sharply higher quarterly profit, topping expectations, but its shares fell, giving back gains accrued in the days leading up to the earnings announcement.
China Mobile growth prospects improve
 
Reuters - China Mobile's (0941.HK) forecast-beating results suggest its years of investment in data services is paying off, helping the world's largest mobile carrier report an unexpected rise in revenue per user.
Wall St. flat as materials gain, financials off
 
Reuters - Stocks opened little changed on Thursday, a day after the Dow pushed to a 17-month high, as gains in materials shares were offset by declines in financial companies.
FedEx says economic recovery is broadening
 
AP - FedEx says the global economic recovery is broadening, as Asia continues to see strong growth and the U.S. economy gains steam.
European equities stumble on profit-taking
 
AFP - Europe's main stock markets stumbled on Thursday as investors took profits and digested economic data including a larger-than-expected eurozone trade deficit, dealers said.
American Dairy Chairman Leng You-Bin buys shares
 
AP - American Dairy Inc., which produces and distributes infant formula, milk powder and soybean, rice and walnut products in China, said Thursday that Chairman Leng You-Bin bought approximately $1 million of its common stock.
S&P, Nasdaq slip after Philadelphia Fed data
 
Reuters - Stocks were little changed on Thursday, though the S&P and Nasdaq turned lower after data from the Philadelphia Federal Reserve showed new orders in the U.S. Mid-Atlantic region decelerated in March.
Ross Stores 4Q profit rises on sales gain
 
AP - Ross Stores Inc. said Thursday that its fourth-quarter profit rose nearly 47 percent on a gain in sales of staples like shoes and home items as shoppers kept looking for bargains in the recession.
Dow gains on Boeing strength, S&P dips after data
 
Reuters - The Dow industrials rose on Thursday on Boeing's strength, while the S&P 500 slipped after a round of economic data and corporate results.
Gannett expects to meet 1Q earnings forecasts
 
AP - Media company Gannett says it is seeing improving trends in advertising revenue and should meet Wall Street expectations with first-quarter earnings.
Correction: Movado earnings story
 
AP - In a story March 16 about quarterly results from Movado Group Inc., The Associated Press reported erroneously that the company posted net income of 64 cents per share in its fiscal 2009. Instead, the company earned 9 cents a share.
Dow extends winning streak to 8 days
 
Reuters - The Dow Jones industrial average advanced for an eighth straight day on Thursday, lifted by Boeing , but a mixed group of economic figures kept the broader S&P 500 and the Nasdaq near break-even.
Palm loss widens; surpasses revenue forecast
 
AP - Palm Inc., the struggling maker of smart phones, says its loss widened in the latest quarter. But its revenue exceeded its own gloomy forecast.
Dow gains for 8th straight day; Palm sinks late
 
Reuters - The Dow industrials rose for an eighth consecutive session on Thursday, lifted by a rise in Boeing's stock, while a mixed group of economic figures kept the broader S&P 500 in check.
Summary Box: Dow posts 8th gain on mixed data
 
AP - DOW EXTENDS ITS RUN: The Dow Jones industrial average rose for the eighth straight day, its longest streak of gains since August.
Cintas says profit fell as unemployment rose
 
AP - Uniform maker Cintas Corp. said Thursday that a sagging job market dragged down its profit by nearly a third in its fiscal third-quarter.
Gabelli's son wins dismissal of much of SEC case
 
Reuters - The son of prominent investor Mario Gabelli has won the dismissal of large parts of a U.S. Securities and Exchange Commission lawsuit alleging securities fraud related to market timing.

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