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Showing posts with the label Stocks and Markets in The News

Stocks & Markets in The News: Fed uneasy about its forecast of pickup: minutes: MarketWatch | Market Pulse

By Greg Robb    WASHINGTON (MarketWatch) - Federal Reserve officials were very uneasy about their forecast of a gradual pickup in economic growth over coming quarters, according to the minutes of the central bank's interest-rate setting committee meeting on Sept. 20-21 released Wednesday. Fed members saw "significant downside risks" to growth. These risks included household deleveraging, bigger-than-expected fiscal tightening, or a potential spillover from Europe. Fed officials agreed to consider how best to use their monetary policy and liquidity tools to deal with such shocks if they occurred. At the meeting, the Fed adopted an Operation Twist to extend the maturities on its balance sheet. Two officials wanted to do more. Fed officials seemed eager to disclose more about their economic goals, suggesting there could be more developments on this front in coming meetings

Stocks & Markets in The News: Monday’s biggest gaining & declining stocks

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By Greg Morcroft , MarketWatch  NEW YORK (MarketWatch ) — Shares of the following companies made notable moves in U.S. preopen trade Monday: Shares of Netflix NFLX +10.26%  rose more than 10% on Monday. The company said before the market open that it is cancelling its plan to offer DVDs by mail under a new company name, and that it will keep its DVD and Streaming businesses together under the Netflix banner.  Shares of Complete Production Services Inc. CPX +49.07% rallied 50% after the company agreed to be acquired for $32.90 a share of cash and stock by Superior Energy Services Inc. SPN -9.01%

Stocks & Markets in The News: Stock futures edge down ahead of payrolls: MarketWatch | Futures Indications

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By Simon Kennedy , MarketWatch  LONDON (MarketWatch) — U.S. stock futures edged down Friday after three days of strong gains on Wall Street, as investors awaited data that will shed more light on the weak labor market.  Futures on the Dow Jones Industrial Average DJ1Z -0.17%  dropped 28 points to 11,018 and those on the Standard & Poor’s 500 index SP1Z -0.12%  fell 3.40 points to 1,154.20.    China's cooling trend could continue Asia's Week Ahead: China will release September's consumer and producer price indexes, with investors expecting an easing. Australia will announce unemployment figures, and the Central Bank of Korea will make an interest-rate decision.  Nasdaq 100 fu

Stocks & Markets in The News: Latest News

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10:22p Virgin Australia's August passengers down 2.7% 10:21p Asia jumps after Europe’s easing moves 9:47p Hong Kong stocks climb, helped by exporters, banks For updated Information click: http://www.marketwatch.com/story/newsviewer?link=MW_Nav_NV:  

Stocks & Markets In The News: 3 Reasons To Buy A Discounted Disney

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3 Reasons To Buy A Discounted Disney The first day of the fourth quarter saw Walt Disney (NYSE: DIS ) close at $29, hitting a 52-week low. Disney's stock year-to-date is down over 20%, virtually ending any hope of a third consecutive year of positive returns.... Read On >> Related Reading: Statistically Interesting Stocks

Stocks & Markets in The News: U.S. stock futures drop; Bernanke, Greece in focus: Indications | MarketWatch

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By Polya Lesova , MarketWatch  LONDON (MarketWatch) — U.S. stock futures dropped Tuesday, pressured by worries about Greece’s ability to avoid a debt default, as investors awaited comments on the American economy by the Federal Reserve’s chairman.  Futures on the Dow Jones Industrial Average DJ1Z -0.77%  fell 71 points to 10,458 and those on the Standard & Poor’s 500 stock index SP1Z -0.61%  dropped 7.2 points to 1,079.10. Nasdaq 100 futures ND1Z -0.56%  declined 10.5 points to 2,054.70.    Senate debates yuan manipulation U.S. Senate votes to begin a debate on

Stocks & Markets in The News: U.S. Stock Market At Close | MarketWatch - Market - Close

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By Laura Mandaro SAN FRANCISCO (MarketWatch) -- U.S. stocks tumbled Monday in a pessimistic start to October and the fourth quarter, deepening losses into the close as financials stocks sold off. The Dow Jones Industrial Average DJIA -2.36% fell 258.08 points, or 2.4%, to 10,655.30, its lowest close since Sept. 2010. Bank of America Corp. BAC -9.64% fell 9.6%, leading decliners for all but one of the index's 30 components. The S&P 500 SPX -2.85% lost 32.19 points, or 2.9%, to 1,099.23, also the lowest close since Sept. 2010. Intraday, it broke through its Aug. 9 closing low, a

Stocks & Markets in The News: Asia mostly higher, but Hong Kong slips

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By Sarah Turner , MarketWatch  SYDNEY (MarketWatch) — Asian stock markets mostly gained on Wednesday, although the advance didn’t match up to the previous session’s outsized rally, as concern returned to the market over Europe’s willingness to resolve the region’s debt crisis.  Japan’s Nikkei Stock Average JP:NIK -0.04%  advanced 0.2% in the morning session, South Korea’s Kospi KR:0100 -0.41%  rose 0.3%, and Australia’s S&P/ASX 200 index AU:XJO +0.49%  rose 1.1%. The Shanghai Composite Index CN:0

Stocks & Markets in The News: Canada hot stocks to watch: Agrium, Hanfeng

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By MarketWatch  TORONTO (MarketWatch) -- Listed below are the stocks expected to move during Tuesday's trading session. They are listed with Monday's closing prices.  Agrium Inc. (AGU, C$75.00, C$0.86, 1.2%) has arranged a long-term rock supply agreement with OCP S.A. to purchase phosphate rock for its Redwater, Alta. phosphate facility. It will replace phosphate rock now supplied from Agrium's Kapuskasing, Ont. mine starting in the second half of 2013, when economic rock reserves at Kapuskasing will be depleted. Hanfeng Evergreen Inc.'s (HF.T, C$2.79, Unchanged) fourth-quarter earnings plummeted to 4 Canadian cents a share from 15 Canadian cents and sales fell to C$53.7 million from C$83.9 million. Scotia downgraded the stock to sector underperform, saying results again missed expectations. Romarco Minerals Inc. (R.T, C$1.20, C$0.20, 20%) plans to sell 70 million shares at C$1

Stocks & Markets in The News: Barclays, Aviva shares climb in London

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Barclays, Aviva shares climb in London Gains for banks and financials keep the FTSE 100 index in positive territory, while Fresnillo leads among London’s decliners to start the week as metals prices drop. 8 min ago Oil swerves between small gains and losses Oil futures trade between small gains and losses, risking a fourth day of losses as investors doubt government actions can lead to more economic growth, and, by extension, more demand for oil, but U.S. stocks trade modestly higher. 26 min ago Fed’s Raskin says more easing may be needed Just days after the Fed dusted off a bond-purchase shift progr