Been to the mall lately? E-mail your story to realstories cnnmoney. We want to hear about your experiences. Merck, a Dow component, fell 3. Treasury prices and yields move in opposite directions. Same-store sales is a key retail sector indicator that measures sales at stores open a year or more.
On the Nasdaq, advancers narrowly topped decliners on volume of 1. Bets that the economy is stabilizing have given way to concerns that the stock market has gotten ahead of any recovery. What has changed that you like or dislike? The number of Americans filing new claims for unemployment fell tolast week from a revisedthe previous week.
Merck MRKFortune and Portola Pharmaceuticals said they will develop and market an oral blood thinner used to prevent stroke in heart patients. That was short of thenew claims economists expected, according to a Briefing.
Energy prices gained after several down sessions. It was the ninth straight month of declining inventories. But the decline was narrower than the loss of 38 cents per share analysts expected, according to Thomson Reuters. In global tradeAsian markets ended mixed, while European markets ended higher.
Wall Street will be listening to a variety of corporations over the next week as they report quarterly results and give their outlook on future profits and the state of the economy.
In the first quarter, better-than-expected earnings were rewarded by investors. On the New York Stock Exchange, winners beat losers three to two on volume of 1. In currency trading, the dollar fell against the euro and gained against the Japanese yen. He said that after the big rally, investors remain on the defensive, staying in cash and waiting for concrete evidence that the economy is starting to turn around.
Market breadth was positive. But this time, investors are expecting more, said James Moore, equity research at Morgan Joseph. The aluminum producer said it lost 26 cents per share versus a profit of 66 cents a year ago as the global recession hurt pricing and demand.
May wholesale inventories fell 0. But continuing claims, a measure of Americans receiving benefits for a week or more, rose to 6, a fresh record high.
Treasury prices fell, raising the yield on the benchmark year note to 3. The economic slowdown continued to take its toll on consumer spending, with clothing retailers and luxury item merchants especially feeling the impact of the recession.Jul 09, · NEW YORK (killarney10mile.com) -- Bank, tech and commodity shares rose Thursday, but the broad market wavered as Alcoa's narrower-than-expected quarterly loss failed to dispel concerns about the start of.
PBS, Nightly Business Report, November 10, PAUL KANGAS, NIGHTLY BUSINESS REPORT ANCHOR: Not guilty -- that`s the verdict for two former Bear Stearns hedge fund managers in the first major criminal case related to the.
tv Nightly Business Report PBS July 29, pmpm EDT. pm and i'm suzanne pratt. susie gharib is off tonight.
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thk you. 7//& >> susie: od evening everyone. "business as usual iover at general tors". that's what. Tonight on Nightly Business Report, Hurricane Florence marches toward the East Coast with a concentration of power plants in its path.
Plus, the Wall Street firm that lost so much 17 years ago and is giving back today and every 9/ Nightly Business Report – July 29, July 29, “Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television.
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