Category Archives: Wall Street

Wendy’s about to unseat Burger King

By doris | Published: December 22, 2011

Full Story at BottomLine.msnbc.msn.com Wendy’s is about to unseat Burger King in the burger chain wars, according to a report in The Wall Street Journal. Sales at Wendy’s U.S. restaurants — both franchised and company-owned — are on track to be $8.42 billion or $53 million higher than Burger King’s this year, the article said. [...]

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On Wall Street, most still expect bonuses

By doris | Published: October 13, 2011

Full Story at BottomLine.msnbc.msn.com Protesters are occupying Wall Street and points beyond, and many investors may be looking sadly at their most recent statements after a couple of erratic months in the markets. But a new survey finds that most Wall Street professionals are still expecting their bonuses to be the same or higher than [...]

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Senate GOP tries for immediate vote on Obama jobs plan

By doris | Published: October 8, 2011

Full Story at FirstRead.msnbc.msn.com Senate Republicans sought Tuesday to force an immediate vote on President Obama’s jobs plan in a ploy reacting to the President’s nationwide barnstorm to push for a vote “right away” on the measure. Holding a copy of the President’s plan on the Senate floor this afternoon, Republican Leader Mitch McConnell moved [...]

Also posted in Jobs, President, Republicans, Senate, Veto | Leave a comment

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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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, [...]

Also posted in Economy, Investors, Market, Spending | Leave a comment

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 [...]

Also posted in Congress, Debt, Financial, Government, Market, Money | Leave a comment

Consumer pain adds to weak job growth

By doris | Published: June 6, 2011

Full Story a tmoney.cnn.com NEW YORK (CNNMoney) — A dismal jobs report defied Wall Street’s expectations Friday. But considering the beating consumers have taken recently, why was anyone surprised? The American consumer is now feeling the cost of $4 gas and higher food prices, seeing their wages rise very little and still being held back [...]

Also posted in Economy, Home, Jobs | Leave a comment

Stocks climb to 3-year highs on earnings boost

By doris | Published: April 26, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks finished at their highest levels in three years Tuesday afternoon, as investors cheered another batch of earnings results and a better-than-expected report on consumer confidence. The Dow Jones industrial average (INDU) gained 115 points, or 0.9%, the S&P 500 (SPX) rose 12 points, or 0.9%, [...]

Also posted in America, Assets, Business, Corporate, Economy, Stocks | Leave a comment

Dow ends week at nearly 3-year high

By doris | Published: April 21, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks advanced for a third straight session Thursday, with the Dow closing at almost a 3-year high following a slew of strong earnings. But disappointing readings on regional manufacturing and the labor market kept a lid on the gains, reminding investors that the economy is still [...]

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Stocks in 2011: Brace for a bumpy road higher

By doris | Published: April 5, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — It’s been a volatile first quarter, but that’s not deterring Wall Street experts, who expect stocks to continue trending higher for the remainder of the year. Most market strategists are calling for the benchmark S&P 500 (SPX) index to rise an average of 4% over the next [...]

Also posted in Assets, Market, Stocks | 1 Comment

Stocks surge as banks lead gains, oil drops

By doris | Published: March 8, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks closed broadly higher Tuesday, led by a strong performance in the financial sector. Easing oil prices lent further support. Crude prices retreated following reports that Libyan leader Moammar Gadhafi is working to step down and exit the country safely.

Also posted in America, Banking, Corporate, Market, Money, Stocks | Leave a comment

GM vs. Ford: Which stock is the better buy?

By doris | Published: January 6, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — Perhaps more iconic U.S. companies should consider government-sponsored bankruptcies. Shares of General Motors (GM) are up about 15% since the new GM went public in mid-November. By way of comparison, the S&P 500 and top rival Ford Motor (F, Fortune 500) are both up about 8%.

Also posted in Bailout, Bankruptcy, Business, Financial, Ford, GMC, Government, Stocks | Leave a comment

Wall Street kicks off 2011 with strong gains

By doris | Published: January 3, 2011

Full Story at msnbc.com NEW YORK — Stocks started 2011 with a lift Monday thanks to better news on the economy. Manufacturing activity and construction spending both rose more than analysts were predicting. The Institute of Supply Management’s index of manufacturing activity rose in December for the 17th straight month. Separately, the Commerce Department said [...]

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Economy nears year end in more upbeat mood

By doris | Published: December 24, 2010

Full Story at msnbc.com WASHINGTON — The economy gave off signs that it was continuing to heal, although slowly and in fits and starts, as one of its roughest years ever was drawing to a close. Consumer spending, one of the economy’s main engines, rose moderately in November, boding well for the crucial holiday season. [...]

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