Market News
- Spirit Airlines' carry-on bag fee starts Sunday (AP)31 July 2010, 9:56 pm
Spirit Airlines passengers may want to get to the airport a little earlier than normal Sunday as a new fee on carry-on bags takes effect....
- Hacker builds $1,500 cell-phone tapping device (AP)31 July 2010, 8:50 pm
A computer security researcher has built a device for just $1,500 that can intercept some kinds of cell phone calls and record everything that's said....
- 3 squabbling companies must cooperate to plug well (AP)31 July 2010, 7:47 pm
On shore, BP, Halliburton and Transocean are engaging in a billion-dollar blame game over the blown-out oil well in the Gulf of Mexico. At sea, they're depending on each other to finally plug up the environmental disaster....
- Oil spill mars UC Berkeley's BP-funded research (AP)31 July 2010, 6:00 pm
BP's catastrophic oil spill in the Gulf of Mexico is fueling opposition to the University of California, Berkeley's research partnership with the British company, with activists on the famously liberal campus demanding a severing of ties....
- China setting milestone as economy passes Japan's (AP)31 July 2010, 4:39 pm
China is set to overtake Japan as the world's second-largest economy in a resurgence that is changing everything from the global balance of military and financial power to how cars are designed....
- Paperwork nightmare: A struggle to fix new law (AP)31 July 2010, 3:45 pm
Tucked into the new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses....
- Obama blames GOP on small business lending bill (AP)31 July 2010, 3:44 pm
President Barack Obama is going after Senate Republicans who have stymied his proposal to create a $30 billion fund to help unfreeze lending for credit-starved small businesses....
- Suit blames Mets owners for Madoff-related losses (AP)31 July 2010, 3:44 am
The owners of the New York Mets should be held accountable for letting their workers put more than $16 million in 401 assets into accounts controlled by jailed financier Bernard Madoff, a widow said in a lawsuit filed Friday....
- Chrysler to add 900 jobs to midsize-car plant (AP)30 July 2010, 8:41 pm
Chrysler Group LLC said Friday that it will add nearly 900 jobs at a factory in suburban Detroit and spare it from a planned closure. The decision is a show of optimism that consumers will embrace the company's refurbished midsize sedans.... - Chevron 2Q income triples on higher energy prices (AP)30 July 2010, 8:16 pm
Chevron's second-quarter earnings tripled on better refining margins and higher prices for oil and natural gas, the company said Friday....
- [$$] CH Energy Slips; Abaxis Shares Soar (at The Wall Street Journal)31 July 2010, 1:04 am
CH Energy Slips; Abaxis Shares Soar U.S. small-capitalization stocks traded in a tight range and both benchmark indexes closed out July with gains of more than 6% and posted their first monthly gain since April....
- [$$] Merck Throws Dow for a Loss (at The Wall Street Journal)31 July 2010, 12:57 am
Merck Throws Dow for a Loss In the final session of the market s best month in a year, blue-chip stocks fell slightly as data showed U.S. economic growth slowed in the second quarter while Merck s sales disappointed....
- S&P 500 and Dow Have Best Monthly Gains in a Year (at CNBC)30 July 2010, 10:31 pm
US stocks posted their best monthly performance of the year, led by the Dow Jones Industrial Average with a gain of 7.1%. Within the S&P 500 sectors, industrial and material companies rose the most in July....
- Stocks: Best monthly gain in a year (at CNNMoney.com)30 July 2010, 10:11 pm
Major indexes end flat Friday, but post the first monthly rise since April....
- Pops & Drops: Arch Coal, Teradyne... (at CNBC)30 July 2010, 10:03 pm
Following are the week s biggest movers. Find out why shares of Arch Coal and Teradyne popped while Netflix and Eastman Kodak dropped.... - Stocks Finish Up Over 7% for Month of July (at CNBC)30 July 2010, 9:52 pm
Stocks ended relatively flat Friday after a disappointing GDP report but the Dow logged its best month in a year, rising more than 7 percent.... - Stocks end July with big gain; Dow gains 7.1 pct (AP)30 July 2010, 9:48 pm
Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.... - Will August Bring Market Gains Similar To July? (at CNBC)30 July 2010, 9:41 pm
On Friday, the market closed out its best month in a year with the Dow, Nasdaq and S&P all posting 7% gains for the month. Now how about August?... - Growth fears leave Wall Street flat (at Financial Times)30 July 2010, 9:05 pm
Wall Street finished flat on Friday after spending most of the day in negative territory because of concerns about the slowing rate of economic growth.... - U.S. stocks end July with strong gains (MarketWatch)30 July 2010, 8:48 pm
Markets stage a late rally to push into the positive ahead of the close, bucking a slowdown in second-quarter economic growth.... - US STOCKS-Wall St marks best month in a year in July (at Reuters)30 July 2010, 8:43 pm
* Major indexes finish July up 7 percent * Strong monthly performance comes on low volume * Economy slowed more than expected in second quarter... - Marc Faber Questions if Dow Could Hit 1,000 (CNBC)30 July 2010, 8:42 pm
It is likely that if the Dow where to fall by more than 20 percent from the present level there would be further massive fiscal and monetary stimulus packages - not just in the US but worldwide, Faber said.... - Blue Chips Rose 7.1% in July (at SmartMoney)30 July 2010, 8:36 pm
... - U.S. stocks end July with strongest gain in a year (at MarketWatch)30 July 2010, 8:20 pm
Concerns about growth led U.S. stocks to finish with a whimper on Friday and for the week but still failed to dent much of the market s strong gains in July. The government earlier reported a slowdown in second-quarter growth, though much of the impact on the market was curbed by other reports showing a slight improvement in consumer sentiment and in Chicago-area business activity.... - Energy Stocks: Energy sector ends flat, keeps July gains (at MarketWatch)30 July 2010, 8:19 pm
Energy stocks fall back with the broader market as slower-than-expected growth in U.S. gross domestic product knock the air out of equities. Chevron s blue-chip shares give ground following quarterly results.... - Stocks End The Week With Its Head Up (at Forbes)30 July 2010, 8:14 pm
After struggling throughout the day, Wall Street managed to head into the weekend on flat to moderate higher levels.... - US STOCKS SNAPSHOT-Profits lift stocks to best month in a year (at Reuters)30 July 2010, 8:11 pm
The S&P 500 closed higher on Friday as stocks wrapped up their best month in a year after earnings season produced another round of strong results that offset the impact of poor economic data.... - U.S. stocks turn positive in final stretch (at MarketWatch)30 July 2010, 7:46 pm
U.S. stocks turned positive within the last stretch of Friday s trading session, as gains in consumer stocks following a slight improvement in a sentiment survey helped offset concerns about growth.... - CORRECTED - US STOCKS SNAPSHOT-Wall St trims losses after consumer data (at Reuters)30 July 2010, 7:32 pm
NEW YORK, July 30 - U.S. stocks regained some ground on Friday after consumer sentiment data fell in July to its lowest level since November, though the reading showed a slight improvement from the beginning of the month.... - US SMALL/MIDCAPS-Weak outlooks, GDP push stocks lower (at Reuters)30 July 2010, 7:13 pm
Mid- and small cap stocks edged lower on Friday as economic data and a batch of weak earnings forecasts raised concerns about growth for the remainder of the year....
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