Archive for December, 2009

U.S. stocks fell on Thursday after data showed the vast U.S. services sector unexpectedly shrank in November and investors worried that Friday’s non-farm payrolls report may show the recovery is sluggish. Read more »

Comcast Corp. announced Thursday it plans to buy a majority stake in NBC Universal for .75 billion, giving the nation’s largest cable TV operator control of the Peacock network, an array of cable channels and a major movie studio. Read more »

Luxury U.S. homebuilder Toll Brothers Inc reported a wider-than-expected quarterly loss on Thursday as revenue slumped and it wrote down the value of its land holdings, sending its shares down 7.5 percent. Read more »

Shares of Aeropostale fell 11 percent after the company offered an outlook that disappointed investors and reported a key November sales comparison that fell short of expectations. Read more »

The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market: Read more »

Shares of hospital operator Tenet Healthcare Corp. rose Thursday following positive comments from analysts, including one who upgraded the stock to “Buy.” Read more »

Many teen retailers reported a decline in a key sales comparison in November, as strong sales after Thanksgiving were not enough to offset a weak start to the month. Read more »

MONDAY, Dec. 7 WASHINTGON — Federal Reserve releases consumer credit data for October, 3 p.m. TUESDAY, Dec. 8 WASHINGTON — Labor Department releases job openings and labor turnover survey for October, 10 a.m. Read more »

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A Goldman Sachs analyst upgraded his view of real estate investment trusts Thursday, predicting a bottom in industry fundamentals in the next year to 18 months. Read more »