Stocks wobble as world's finance ministers meet
NEW YORK Stocks wavered today, with investors anxious about the economy but hopeful more details will emerge about government efforts to revive it.
Wall Street is waiting to see if finance leaders from the United States, Canada, Japan and other major
Abercrombie Defies Negative Sentiment In Retail Sector
(By Mayur Pahilajani - iStockAnalyst Writer)
New York, NY - Retail shares turned mix despite a rally registered by Abercrombie & Fitch Co. (NYSE: ANF) on New York Stock Exchange after the teen-apparel retailer?s profit dropped less than anticipated.
Stocks Dip as Financials Struggle Midday
Stocks in New York turned into negative territory heading into midday Friday as investors assessed the various strategies coming out of Washington to treat the economic recession.
The Dow Jones Industrial Average was recently falling 42
Abercrombie and Fitch 4Q profit drops 68 percent
2009-02-13 18:20:04 -
and hinted that it was being a bit more flexible about prices.
The company said it used clearance markdowns during and after the weak holiday season to move seasonal merchandise and it lowered some prices at its
Oil breaks out of weeklong slump
2009-02-13 18:13:03 -
barrel.
After opening above $42 a barrel Monday, crude prices have tumbled every day as traders showed little optimism that a $790 billion stimulus package and the Treasury Department's plan to spend more than $1
Stocks on the move: McAfee, MEMC, JPMorgan, Sun Microsystems
(GDI US) added 8.8 percent to $23.58 and increased 11 percent earlier, the most intraday since Oct. 28. The maker of Oberdorfer pumps said fourth-quarter earnings excluding some items was 74 cents a share. That beat the average analyst forecast by 20
Stocks on the move: McAfee, MEMC, JPMorgan, Sun Microsystems
(GDI US) added 8.8 percent to $23.58 and increased 11 percent earlier, the most intraday since Oct. 28. The maker of Oberdorfer pumps said fourth-quarter earnings excluding some items was 74 cents a share. That beat the average analyst forecast by 20
NewsWatch: Death toll in Buffalo crash rises to 50, including 9/11 widow
A commuter aircraft crashed as it was preparing to land in Buffalo, N.Y., late Thursday night, killing 50, according to reports. See full story.
In its latest effort to narrow a historically broad product range, the Internet search giant says it's
Friday Market Notes
With the majors hovering around the flat line for most of the morning trade, the one thing that's easy to determine is the market's general lack of direction. Stimulus news dissemination could be the main culprit, but more than likely its the sparse
Stocks wobble as finance ministers meet
President Barack Obama shakes hands with Dell Inc. founder and Chief Executive Officer Michael Dell, after he speaking to business leaders about the economy, Friday, Feb. 13, 2009, in the East Room of the White House in Washington. (AP Photo/Charles
