Opening Glance: Machinery Shares of most machinery companies fell Friday, along with the broader market, as worries about a new record for oil prices outweighed a surprising jump in new home construction. 16 May 2008
572.
Opening Glance: Construction companies open mixed Shares of construction and engineering companies opened mixed as the broader markets slipped following a report that consumer confidence hit a 28-year low while oil prices surpassed $127 a barrel. 16 May 2008
573.
Opening Glance: Aerospace and Defense stocks fall Aerospace and defense stocks fell in Friday morning trading, as the markets were pressured by falling consumer confidence and rising oil prices. A survey showed that consumer confidence reached its lowest point in almost 28 years in May, while oil prices reached record territory, passing $127 per barrel on the New York Mercantile Exchange. 16 May 2008
574.
Opening Glance: Electrical equipment mostly higher Shares of electrical equipment companies traded mostly higher Friday morning after an Oppenheimer analyst raised his price target on Thomas & Betts Corp. to $50 from $46. 16 May 2008
575.
Opening Glance: Rails hit highs, shippers slip Shares of railroads hit highs in early trading Friday, as investors reacted to a trade group report that said freight traffic rose last week. Shippers lost ground, though, as oil prices soared more than $3 to top $127 a barrel for the first time. 16 May 2008
576.
Opening Glance: Staffing stocks edge down Shares of staffing companies edged down with the broader market Friday, as oil prices hit another high and housing data from the Commerce Department was mixed. 16 May 2008
577.
Premarket Movers: GE rises, Dynavax falls Shares of General Electric Co. rose in premarket trading Friday after the company confirmed it plans to sell or spin-off its century-old appliance business. 16 May 2008
578.
Flextronics CFO to resign, Read named to post Singapore-based electronics manufacturer Flextronics International Ltd. said Friday its chief financial officer, Thomas J. Smach, is resigning, effective June 30. 16 May 2008
579.
Building Materials closing two Calif. facilities Building Materials Holding Corp. said Friday it is closing its millwork and building materials distribution facilities in Merced, Calif. and Bakersfield, Calif. amid the worse housing downturn in two decades. 16 May 2008
580.
McDermott Int'l subsidiary wins $70M contract Engineering and construction company McDermott International Inc. said Friday its Babcock & Wilcox Co. unit has been awarded a contract valued at more than $70 million from Great River Energy. 16 May 2008
0.31%QQQQ 43.45 
0.48%XLF 21.74 
