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CompareCC News Archive Listing for Stocks and Investing during 2010-03-25.
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SEC probing two hedge funds: report
 
Reuters - The U.S. securities regulator is probing hedge funds Appaloosa Management LP and Carlson Capital LP for certain trades, the Wall Street Journal said, citing people familiar with the matter.
FTSE higher in opening trade
 
AFP - London stocks opened slightly higher on Thursday, with the FTSE 100 index up 0.07 percent to 5,682.09 points.
Stock futures up; eyes on EU Summit
 
Reuters - Stock index futures pointed to a slightly higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.12 percent and Nasdaq 100 futures up 0.18 percent.
European stocks edge up ahead of EU meeting
 
AP - European stock markets edged up Thursday ahead of a key meeting of EU leaders in Brussels where the main topic again will be what to do about the Greek debt crisis, which has piled pressure on the euro currency in recent days.
Futures higher ahead of EU parley, jobs data
 
Reuters - Stock index futures rose on Thursday as sovereign debt concerns remained in focus ahead of a meeting of European leaders to help Greece, while investors awaited data on first-time U.S. jobless claims.
ConAgra profit up helped by consumer foods
 
Reuters - ConAgra Foods Inc posted higher quarterly profit helped by its revamped consumer foods segment.
Scarf maker Hermes profit falls slightly
 
AP - Luxury scarf and handbag maker Hermes International says that net profit fell slightly in 2009 as distributors cut inventories.
Hochtief 2009 net income improves to $263 million
 
AP - German building company and airport operator Hochtief AG said Thursday its 2009 net income increased 25 percent to euro195 million ($263 million) as the order book for building projects reached an all-time record.
PetroChina's 2009 net profit falls 9.7 percent
 
AP - PetroChina Ltd., Asia's biggest oil producer, said Thursday its net profit fell 9.7 percent in 2009 as sluggish demand and controls on prices for its processed products squeezed its refining margins.
US jobs data give stocks a lift ahead of EU summit
 
AP - European and U.S. stock markets got a lift Thursday from better than expected U.S. jobs data, as investors awaited a key meeting of EU leaders in Brussels where the main topic again will be what to do about the Greek debt crisis.
Wall Street opens up after data, Best Buy
 
Reuters - Wall Street rose at the open on Thursday after first-time jobless claims fell more than forecast, and solid results from Best Buy and an improved outlook from Qualcomm Inc energized investors.
European shares rise before Greek summit
 
AFP - Europe's main stock markets advanced Thursday, with London reaching 21-month peaks, as investors eyed a two-day EU summit that will focus on the Greek debt crisis, dealers said.
ConAgra quarterly revenue shy of estimates
 
Reuters - ConAgra Foods Inc posted an unexpected dip in quarterly revenue on Thursday as its commercial foods business passed on lower costs for wheat.
Wall Street jumps on earnings outlooks, financials
 
Reuters - Stocks rose sharply on Thursday, driving the Dow and S&P 500 to fresh 18-month highs, as Qualcomm and Best Buy boosted their profit outlooks and financials surged for a second day.
SEC eyes trading in two hedge funds
 
Reuters - U.S. securities regulators are looking at some trades of hedge funds Carlson Capital LP and Appaloosa Management LP, a person familiar with the matter said on Thursday.
London shares continue to climb
 
AFP - FTSE 100 shares rose again Thursday on the back of a strong performance on Wall Street and optimism about a deal being reached to alleviate the Greek debt-crisis which is dogging the eurozone.
World stocks rally as Greek bailout takes shape
 
AP - European and U.S. stock markets spiked higher Thursday as a financial rescue package for Greece appeared to be taking shape at a meeting of EU leaders in Brussels.
Wall Street ends flat after auction, debt concerns
 
Reuters - U.S. stocks ended flat on Thursday, dropping off earlier highs as a weak U.S. bond auction and global debt concerns continued to weigh on investor sentiment.
SEC says Daimler made $56 million in bribe payments
 
Reuters - Car and truck manufacturer Daimler AG (DAIGn.DE) allegedly earned $1.9 billion in revenue and at least $91.4 million in illegal profits from transactions tainted by bribes, according to the U.S. Securities and Exchange Commission.
Summary Box: ConAgra Foods 3Q
 
AP - RESULTS: ConAgra Foods Inc.'s earnings climbed 19 percent to $229.6 million, or 51 cents per share. Excluding the impact of several one-time items, it earned 44 cents per share. Revenue dipped 1 percent to $3.1 billion.
Summary Box: Stocks give up gains on Greece woes
 
AP - WHAT GOES UP: Major stock indexes rose to new highs for 2010 but gave up their gains Thursday after European Central Bank President Jean-Claude Trichet criticized a financial bailout for Greece.
Wall Street finishes flat after auction, debt concerns
 
Reuters - U.S. stocks ended flat on Thursday, dropping off earlier highs as a weak U.S. bond auction and global debt concerns continued to weigh on investor sentiment.
Accenture 2nd-quarter profit drops 3 percent
 
AP - Accenture on Thursday said its fiscal second-quarter profit slipped 3 percent as revenue fell in three of its five business segments.
Saba Software fiscal 3rd-quarter profit declines
 
AP - Employee management software company Saba Software Inc. said Thursday that its fiscal third-quarter profit fell as increased sales and marketing expenses overshadowed a small increase in revenue.
Correction: Sonic earnings story
 
AP - In a story March 23 about Sonic Corp.'s second quarter earnings, The Associated Press reported erroneously that the company's revenue totaled $112.8 billion and analysts expected revenue of $117.9 billion. The company's correct revenue for the second quarter totaled $112.8 million and analysts expected revenue of $117.9 million.
WSJ's New York section to hit streets April 26
 
AP - The Wall Street Journal's expanded coverage of New York will begin April 26 as the newspaper attempts to appeal to more readers in the most populous U.S. city.
TSX dips on energy, materials
 
Reuters - The TSX ended slightly lower on Thursday as energy stocks declined late in the session on global debt concerns, offsetting a rise in financials.

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