US futures decline, Alcoa eyed
Futures on major U.S. stock indices point to lower opening on Monday with futures on the S&P 500 down 0.58 percent, futures on the Dow Jones Industrial Average down 0.42 percent and Nasdaq100 futures down 0.40 percent.
China's December trade surplus narrows
Data showed on Monday the Chinese trade surplus narrowed in December, easing the conflict between Beijing and Washington over rising U.S. trade deficit even as Chinese President Hu Jintao is scheduled to meet President Obama in the White House on January 19.
High inflation in China to stay until third quarter
Chinese high inflation rates are expected to continue until the second or third quarter despite the government’s efforts to tame rising prices, according to a survey of 56 leading economists.
The United States Stuck in 2011 Catch 22
The United States and its leaders are stuck in their own Catch 22. They need the economy to improve in order to generate jobs, but the economy can only improve if people have jobs. They need the economy to recover in order to improve our deficit situation, but if the economy really recovers long term interest rates will increase, further depressing the housing market and increasing the interest expense burden for the US.
More news
Unemployment rate drops to 9.4 pct, payroll rises by 103k
The U.S. unemployment rate dropped to 9.4 percent for December 2010, versus the 9.8 percent recorded in the previous month, reported the Bureau of Labor Statistics.
Indian economy to run past US by 2050; China will do so in 2018
India's will overtake the U.S. in forty years in terms of GDP at purchasing power parities (PPP) while China will sail past its financial and political rival as early as 2018, a PricewaterhouseCoopers (PWC) report said on Friday.
Dell Rolls Out Streak 7 Android Tablet, Venue Phone
Dell, known for its laptop and desktops, has launched a new Android 2.2-based touchscreen tablet computer Streak 7, expanding its mobility portfolio. The computer giant also showcased a new smartphone, the Venue.
Top After-Market NYSE Losers (LIZ, ARO, SHAW, AKS, RRR, ALR, RAS, TIN, CBZ, BPZ)
The top after-market NYSE losers on Thursday are: Liz Claiborne, Aeropostale, The Shaw Group, AK Steel Holding, RSC Holdings, Alere, RAIT Financial, Temple-Inland, CBIZ and BPZ Resources.
Top After-Market NYSE Gainers (MNI, NCT, TCO, ADC, ODP, QTM, JAG, FOE)
The top after-market NYSE gainers on Thursday are: The McClatchy Co, Newcastle Investment, Taubman Centers, Agree Realty, Office Depot, Quantum Corp, Jaguar Mining and Ferro Corp.
Top After-Market NASDAQ Movers (BLUD, OPXT, RDEA, VOXX, UCBI, SABA, XOMA, XRTX, CPTS, QUIK)
The top after-market NASDAQ stock market gainers on Thursday are: Immucor, Opnext, Ardea Biosciences, Audiovox Corp and United Community Banks. The top after-market NASDAQ stock market losers on Thursday are: Saba Software, XOMA, Xyratex, Conceptus and QuickLogic.
US futures decline, jobs data eyed
Futures on major U.S. stock indices point to a lower opening on Friday as investors await key U.S. monthly non-farm payrolls and unemployment data from the government.
Stocks close mixed on indecisive trading ahead of tomorrow's jobs data
U.S. stocks finished mixed in queasy trading ahead of tomorrow’s nonfarm payroll report from the government. Investors also pondered a rise in initial jobless claims and some weaker-than-expected December sales from some major retailers.
Plight of SuperValu highlights struggles of grocery retailers
Shares of grocery retailer SuperValu (NYSE: SVU) have plunged almost 25 percent since mid-October amidst an increasingly difficult environment for food retailers.
Halliburton, Anadarko sinking on oil spill blame game
Shares of Halliburton Co. (HAL) and Anadarko Petroleum Corp. (APC) are dropping this morning after a report by a presidential commission into the Gulf of Mexico oil spill from last year spread the blame to various parties, not only BP plc (NYSE: BP).
US stocks open flat after jobs, retail sales data
U.S. stocks opened flat in early trade on Thursday, following weaker-than-expected weekly jobless claims and December retail sales data.
NVIDIA shares jump on ARM-CPU core development
Shares of NVIDIA Corp. (Nasdaq: NVDA) are surging this morning after the graphics chips company announced last night that it has entered into a partnership to manufacture ARM-based central processing unit (CPU) cores that might provide power to PCs, servers, and supercomputers
Top Pre-Market NASDAQ losers (SVA, QDEL, WTSLA, MSPD, CLDX, LEAP, RIMM)
The top pre-market NASDAQ stock market losers are Sinovac Biotech, Quidel Corp, The Wet Seal, Mindspeed Technologies, Celldex Therapeutics, Leap Wireless and Research in Motion.
ARM Holding shares surge in London on Microsoft deal
Shares of British-based chipmaker ARM Holdings are surging on the London Stock Exchange after Microsoft (Nasdaq: MSFT) said last night that its new Windows operating system would work with chips designed by ARM.
Top Pre-Market NASDAQ Gainers (LXRX, ARMH, XOMA, MVIS, GLUU, GOLD)
The top pre-market NASDAQ stock market gainers on Thursday are: Lexicon Pharmaceuticals, ARM Holdings, XOMA, Microvision, Glu Mobile and Randgold Resources.
Iran, Kuwait say no to increasing crude supply
Kuwait and Iran, two of the world's largest crude exporters and prominent members of the Organization of Petroleum Exporting Countries (OPEC), have reiterated that they don't see the need to raise output to keep rising crude prices under check.
US stock futures up ahead of jobless claims
Futures on major U.S. indices point to higher opening on Thursday ahead of key weekly jobless claims report from the government.
UK services recovery relapses
The UK service sector reported a drop in output in December, its first fall since April 2009, showing that the economy's growth had declined as the last year drew to a close.
Top After-Market NASDAQ Movers (TSTY, GLUU, RECN, SODA, CKSW, MSPD, QDEL, SHLM, ZUMZ, SONC)
The top after-market NASDAQ stock market gainers are: Tasty Baking, Glu Mobile, Resources Connection, SodaStream and ClickSoftware. The top after-market NASDAQ stock market losers are Mindspeed Technologies, Quidel Corp, A. Schulman, Zumiez and Sonic Corp.
Top After-Market NYSE Gainers (SBH, SD, RT, REN, TNK, LYB, YGE, ZLC, CSE)
The top after-market NYSE gainers on Wednesday are: Sally Beauty, Sandridge Energy, Ruby Tuesday, Resolute Energy, Teekay Tankers, Yingli Green, Zale Corp, CapitalSource and Southwestern Energy.
S&P's Top Tech Sector Predictions For 2011: (MSFT, INTC, AMZN, INFY)
S&P Equity Research predicts slower, but healthier growth in the technology sector in 2011, including notable developments regarding new products, international activity, and M&A deals.
Is LinkedIn in hurry to go for IPO ahead of Facebook?
LinkedIn, the network service for professionals is planning to go public and discussing about a possible IPO, sources informed Reuters.
Post-Market News Wrap (CSCO, CTL, Q, DAL, MEE, AMR, RT, RECN, MSPD, QDEL, BOOT, DQ)
The companies that reported news on Wednesday after the market close are: Cisco Systems, CenturyLink, Qwest Communications, Delta Air Lines, Massey Energy, AMR, American Airlines, Ruby Tuesday, Resources Connection, Mindspeed Technologies, Quidel, Lacrosse Footwear, and Daqo New Energy.
Stocks gain on private payroll gain
Stocks climbed, supported by a stunning jobs report from the private sector, raising hopes for a strong nonfarm payroll data on Friday.
Retail investors slowly, cautiously getting back into stock market
We are starting to see retail investors wade back into equities, given that the allure of bonds has virtually dried up and the economic recovery seems to have some traction.
Could Apple become the world’s first $1-trillion company?
Apple Inc. (Nasdaq: AAPL) could become the world’s first company with a $1-trillion market cap, according to James Altucher, managing partner at hedge fund Formula Capital.
US stocks open lower despite upbeat jobs data
U.S. stocks declined in early trade on Wednesday despite upbeat private sector employment report from ADP as commodities and natural resources stocks were hurt by strong dollar.
US futures trim losses after ADP report
Futures on major U.S. indices pared earlier losses on Wednesday after ADP reported that private-sector employment recorded the largest monthly gain in December.
Pre-Market NASDAQ Movers (XING, GLUU, KUTV, NVDA, MVIS, TKLC, LOGI, ASML, SPIL, SVA)
The top pre-market NASDAQ stock market gainers are: Qiao Xing Universal Resources, Glu Mobile, Ku6 Media, NVIDIA, Microvision, and Atheros Communications. The top pre-market NASDAQ stock market losers are: Tekelec, Logitech International, ASML Holding, Siliconware Precision Industries, and Sinovac Biotech.
Stocks in Focus (TRID, FDO, MOS, ATHR, LNDC, RT)
The companies which are expected to see active trade on Wednesday are Trident Microsystems, Family Dollar, Mosaic, Atheros Communications, Landec Corp and Ruby Tuesday.
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