Category Archives: Gains

Stocks post gains for the week

By doris | Published: October 9, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks ended a strong week on a low note Friday as ongoing concerns about the European debt crisis overshadowed a better-than-expected report on the U.S. job market. The Dow Jones industrial average (INDU) fell 20 points, or 0.2%, to close at 11,103. The S&P 500 (SPX) [...]

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Stocks advance on last day of turbulent week

By doris | Published: September 23, 2011

Full Story at BottomLine.msnbc.msn.com All three major U.S. indexes were up slightly Friday after a hellish Thursday that saw the Dow Jones industrial average drop 391 points. The Dow was up about 32 points or 0.3 percent in afternoon trading Friday. All week, traders have been stung by worries that the economy is headed for [...]

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Wall Street rallies 4th day, gains in July seen

By doris | Published: June 30, 2011

Full Story at news.Yahoo.com NEW YORK (Reuters) – U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece’s debt crisis indicated further gains in July. Midwest business activity showed surprising strength this month, lifted by a jump in new orders, [...]

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Stocks end higher for the day, lower for the week

By doris | Published: March 11, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — Despite posting decent gains during Friday’s session, stocks finished a choppy week of trading lower, as investors remained on edge in the wake of a massive earthquake and tsunami in Japan that have added to concerns over conflict in North Africa and the Middle East. The Dow [...]

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Tensions rise on surging food prices

By doris | Published: January 29, 2011

Full Story atmoney.cnn.com NEW YORK (CNNMoney) — Food prices have been rising worldwide, as the cost of raw materials and agricultural products surge, contributing to political unrest around the globe. In December, international food prices broke an all-time high when they rose 25% for the year, led by rising costs for staples like rice, wheat, [...]

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Bet the farm: Cropland prices soar 20%

By doris | Published: January 19, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — The Corn Belt was the real estate place to be in 2010. Land prices in the states centered on Iowa grew at a 15% to 20% clip, annualized, over the last six months of the year, according to Creighton University economist Ernie Goss.                   Prices were sent soaring [...]

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U.S. announces $12 billion profit on Citigroup

By doris | Published: December 8, 2010

Full Story at msnbc.com The government said late Monday it had reached a deal to sell its remaining holdings of Citigroup common stock and would end up turning a profit of $12 billion on its bailout of the giant bank. The Treasury Department said that a final offering of about 2.4 billion shares of Citigroup [...]

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Ford: First profitable year since ’05

By doris | Published: January 29, 2010

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — Ford Motor reported its first full-year profit since 2005 and said it expects to be profitable again in 2010. The automaker, which has outpaced the turnaround at both its domestic and some overseas rivals, said Thursday that it earned $2.7 billion in 2009. The company was helped [...]

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JPMorgan Chase allots $9.3 billion in bonuses

By doris | Published: January 17, 2010

Full Story at msnbc.com NEW YORK – JPMorgan Chase & Co. on Friday announced a record $9.3 billion payday for its investment-banking employees, setting the stage for competitors like Goldman Sachs Group Inc. to also make eye-popping payouts. On a per employee basis, JPMorgan investment bankers, sales staff and traders, on average, are set to [...]

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Stock markets to focus on jobs

By doris | Published: December 10, 2009

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Stocks were poised for a mixed start Thursday as investors awaited some reports on the labor market. Dow Jones industrial average futures were lower, while Nasdaq-100 and S&P-500 futures were up slightly. Futures measure current index values against their perceived future performance and offer an indication of how [...]

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Forget $100 oil. $80 oil is a problem

By doris | Published: November 19, 2009

Full Story atmoney.cnn.com NEW YORK (Fortune) — Are cash-strapped American consumers on for another date with energy price misery? The U.S. economy remains weak and one in six Americans can’t find enough work. Yet oil prices have risen steadily this year. A barrel of crude costs $79 and change, more than double its price at [...]

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Wall Street’s broken rally

By doris | Published: November 2, 2009

Full Story at money.cnn.com NEW YORK (CNNMoney) — Last week’s big selloff did more than just rattle investors: it put an end to a seven-month win streak that had pushed the S&P 500 more than 60% above the March lows. While the monthly decline was small — less than 2% — it emerged after a [...]

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Finding gold in little miners

By doris | Published: October 28, 2009

Full Story at money.cnn.com NEW YORK (Fortune) — A year ago investors fled small gold mining stocks as the desire for high-risk assets evaporated. Now, even after investors have flooded back into the market, top-ranked gold fund manager Mark Johnson says the junior miners are undervalued, and he’s betting on their recovery. “The best value [...]

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Microsoft wows the Street

By doris | Published: October 24, 2009

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Microsoft Corp.’s stock soared early Friday after the software giant reported quarterly sales and profit that fell from year-ago results but easily beat Wall Street’s forecasts. Shares of Microsoft (MSFT, Fortune 500) rose more than 10% in early trading. It surged as high as $29.35 at the open, [...]

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