Archive for November, 2009

Stocks are drifting lower in early trading as the dollar heads higher. Investors are cooling their buying after sending the Dow Jones industrials up 200 points on Monday for the second time in three days. Read more »

Wall Street fell shortly after the open on Tuesday after stocks hit a 13-month high in the previous session on expectations for prolonged low interest rates. Read more »

Beazer Homes USA Inc on Tuesday reported its first quarterly profit in more than a year, sending its shares up 8 percent in premarket trading. Read more »

Banking group HSBC Holdings PLC said Tuesday that pretax profit for the third quarter was “significantly ahead” of the same period last year and that losses on U.S. consumer loans had shrunk for the first time in three years. Read more »

World stocks ticked higher on Tuesday as positive reports from UK banks kept the momentum with investors who chased risky assets in anticipation countries would keep monetary policy accommodative. Read more »

A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors’ desire for risk. Read more »

Electronic Arts Inc posted a wider quarterly loss and said it would cut about 1,500 jobs, or about 17 percent of its workforce, in another round of restructuring for the video game publisher. Read more »

The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. Read more »

The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange: NYSE: Read more »

Shares of Petroleum Development Corp. jumped on Monday as an analyst upgraded the oil and gas company, predicting improvement on the price the company gets for the natural gas it sells. Read more »