Category Archives: Market

7 states join effort to block AT&T merger

By doris | Published: September 16, 2011

Full Story at BottomLine.msnbc.msn.com Seven states have joined a Justice Department antitrust lawsuit seeking to block AT&T Inc.’s proposed $39 billion acquisition of rival T-Mobile USA, officials said Friday. The move strengthens the federal case against the proposed merger, setting up another hurdle to completion of the deal. “We are pleased that these states have [...]

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Last Ford Crown Victoria rolls off the line

By doris | Published: September 15, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — The last Ford Crown Victoria rolled off a Canadian assembly line Thursday, marking the end of the big, heavy Ford cars that have been popular with taxi fleets and police departments for decades. Since 1979, almost 10 million Crown Victoria, Mercury Grand Marquis and Lincoln Town Cars [...]

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Redbox plans to profit on Netflix price increase

By doris | Published: September 3, 2011

Full Story at  msnbc.com SAN FRANCISCO — Netflix is giving Redbox a golden opportunity to gain some ground. Beginning Thursday, Netflix, the largest U.S. video subscription service, will hit its nearly 25 million U.S subscribers with rate increases of as much as 60 percent. The sticker shock is expected to make Redbox, which rents DVDs [...]

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Stocks try to end August on high note

By doris | Published: August 31, 2011

Full Story at money.CNN.com NEW YORK (CNNMoney) — U.S. stocks were modestly higher Wednesday, on the last day of what has been a volatile month, as investors digested several economic reports on the labor market and manufacturing. The Dow Jones industrial average (INDU) gained 44 points, or 0.4%, nudging into positive territory for 2011; the [...]

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Wall Street soars; Dow’s best day in two weeks

By doris | Published: August 23, 2011

Full Story at msnbc.com NEW YORK — Stocks posted their biggest jump in nearly two weeks on Tuesday. Investors picked up cheaply priced stocks after fears that the U.S. would slip into a recession pounded the market over the last month. The Dow jumped 322 points, its best day since Aug. 11, when it gained [...]

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Behind market swings: Growing recession fears

By doris | Published: August 20, 2011

Full Story at msnbc.com There are many factors churning up market volatility and contributing to a frightening stock market sell-off, but chief among them is growing fear of a new recession. With growth averaging less than 1 percent in the first half of the year, the U.S. economy is already perilously close to recession. But [...]

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After a wild week, stocks rise modestly

By doris | Published: August 12, 2011

Full Story atmoney.CNN.com Wall Street ended one of its most dizzying, volatile weeks in history on a relatively quiet note Friday, with the Dow climbing 126 points to post its second gain in a row. But Friday’s action paled in comparison to the wild 4-5% swings investors were faced with earlier this week. On Monday, [...]

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Wall Street Week Ahead: Debt and data suggest more losses

By doris | Published: July 30, 2011

Full Story at news.Yahoo.com NEW YORK (Reuters) – The crisis over raising the debt ceiling may have been manufactured by politicians, as many on Wall Street charge, but its effect on consumers and the broader economy is likely to prove very real. Fear that Congress may not raise the government’s $14.3 trillion legal borrowing limit [...]

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Stocks: Worst week in 2011

By doris | Published: July 29, 2011

Full Story atmoney.CNN.com NEW YORK (CNNMoney) — Stocks ended Friday’s session sharply lower, posting their worst weekly performance in more than a year, as investors grow increasingly worried that Washington may not reach a deal to raise the debt ceiling before the deadline. At the preliminary close, the Dow Jones industrial average (INDU) fell 97 [...]

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Stocks give up gains, end trading day mixed

By doris | Published: July 28, 2011

Full Story at msnbc.com NEW YORK — Stocks lost most of their gains late in the trading session Thursday, closing mixed after an unexpected decrease in unemployment claims sent the market slightly higher earlier even as a stalemate continued in Washington over how to avoid a U.S. debt default. The government said first-time applications for [...]

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Where the jobs are: Energy savers

By doris | Published: July 10, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — The prospects for finding a job in most areas of the economy may be getting bleaker by the day, but one sector stands out: energy efficiency. Over half the energy professionals surveyed recently said they cannot find enough qualified people to meet current hiring demands in this [...]

Also posted in Economy, Jobs, Professional, Quality | Leave a comment

Private hiring jumps, sparking recovery hopes

By doris | Published: July 7, 2011

Full Story atnews.Yahoo.com WASHINGTON (Reuters) – Companies hired four times more workers in June than in May, strengthening views the economy was starting to escape the doldrums of the first half of the year. A drop in the number of Americans filing applications for unemployment benefits last week also offered hope for the labor market, [...]

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Stocks: Best week in two years

By doris | Published: July 2, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — The fireworks came early on Wall Street. Stocks started the second half of the year firing on all cylinders Friday, posting the strongest week in two years, as fresh data boosted investor optimism about the state of the economy. After starting the day barely changed, the Dow [...]

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Stocks soar on housing data

By doris | Published: June 28, 2011

Full Story at Money.com NEW YORK (CNNMoney) — U.S. stocks rallied on Tuesday, with the Dow jumping 145 points, as investors cheered a report showing home prices rose for the first time in nine months in April. “The market was hungry for some good news, particularly on housing,” said Fred Dickson, chief investment strategist with [...]

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