Obama Delays Japan Tour By A Day
U.S. President Barack Obama's Japan visit has been postponed by one day to allow him to attend a memorial ceremony for the victims of Thursday's shooting at...
Macedonia's Jan.-Sept. Trade Deficit At US$1.61 Bln
Macedonia's trade deficit stood at US$1.61 billion in the January to September period, the State Statistical Office said in a report on Friday.
Export value...
Consumer Credit Fell By $14.8 Bln In September
Consumer credit fell for the eighth straight month in September, according to a report released by the Federal Reserve on Friday, with the decrease exceeding economist...
Demand Worries Drag Crude Oil Down More Than $2
Crude oil dropped on Friday morning as discouraging jobs data raised energy demand concerns. Prices are down for a second straight day to pull further below $80.
Light sweet crude for December moved to $77.43, down $2.19 on...
Gold Closes Higher After Touching Above $1,100
Gold prices broke past the $1,100 per ounce mark for the first time on Friday as a dismal jobs report led traders to the safety investment.
December-stamped gold rose to $1,095.70, up $6.40 on the session. Prices reached as...
Dollar Drops Versus Yen As Unemployment Jumps To 10.2%
The dollar tumbled versus the yen on Friday as renewed pessimism about the global economy in the wake of a troubling report on the US jobs situation fueled a move from riskier currencies to the safe haven yen.
Unemployment...
Computer server and software maker Sun Microsystems Inc., on Friday reported a narrower loss in its first quarter, helped primarily by lower expenses as a result of the company's cost saving measures.
Freddie Mac Posts Narrower Net Loss In Q3
Government-sponsored home mortgage finance company Freddie Mac, Friday posted a narrower loss for the third quarter, helped by higher net interest income, and investment gains. The company said it had successfully avoided the need of additional funding from the Treasury for the second straight quarter, as the value of its securities increased. Looking ahead, the company expects to request additional funds from Treasury due to the prolonged deterioration of market conditions.
Berkshire Hathaway Q3 profit triples
Billionaire Warren Buffett's Berkshire Hathaway Inc. said Friday after the markets closed that its third quarter profit tripled from last year, helped mainly by huge derivative gains and higher income from insurance underwriting. The company's operating earnings per share also came in above analysts' expectations.
BREAKING NEWS
East West Bank Acquires United Commercial Bank's Banking Operations - Update
11/6/2009 11:40:13 PM
Parent company of East West Bank, East West Bancorp, Inc. (EWBC) announced Friday that it has acquired the banking operations of United Commercial Bank or UCB in a Federal Deposit Insurance Corporation or FDIC....
Opel Europe Head Carl-Peter Forster To Leave Following GM Pullout - Update
11/6/2009 10:29:37 PM
Friday, just days after automaker General Motors Co. (MTLQQ.PK) announced its surprise pull out from the Opel/Vauxhall deal, Group Vice President and President of Opel Europe Carl-Peter Forster is leaving his....
Seaboard Q3 Profit Rises; Sales Decline 24% - Update
11/6/2009 7:23:37 PM
Friday, agriculture and ocean transportation company Seaboard Corp. (SEB), said its profit for the third quarter increased from last year, as lower expenses and dispute settlement gains helped more than offset....
Wesco Financial Q3 Profit Declines - Update
11/6/2009 7:08:27 PM
Wesco Financial Corp. (WSC), Friday reported a decline in earnings for the third quarter, primarily on weakness in CORT's furniture rental and Precision Steel's businesses as a result of the recessionary....
Rosetta Resources Swings To Q3 Profit; Beats View - Update
11/6/2009 6:51:43 PM
Friday, oil and gas company Rosetta Resources, Inc. (ROSE), reported a return to profit in the third quarter from a huge loss last year, reflecting the absence of impairment of oil and gas properties present in....
Opel Europe Head Carl-Peter Forster To Leave After GM Pullout - Quick Facts
11/6/2009 9:10:27 PM
General Motors Corp. said its group vice president and president, Opel Europe, Carl-Peter Forster, would be leaving his role as head of European operations and would advise the company during the transition...
AutoCanada Income Turns To Profit In Q3 - Quick Facts
11/6/2009 8:44:07 PM
AutoCanada Income Fund (ACQ_U.TO) reported its third quarter net earnings of C$5.10 million or C$0.256 per share, compared to restated net loss of C$38.32 million or C$1.892 per share in the same period...
Spike in Jobless Rate Likely to Stir Recovery Concerns
The major U.S. index futures are pointing to a lower opening on Friday, with futures turning lower following the release of the jobs report for October, which showed a spike in the jobless rate above the 10% level to a 26-year high. At the same time, job losses, though slowing down from the previous......
(complete analysis)
Gold Stocks Continue To Lead Modest Gain For TSX - Canadian Commentary
11/6/2009 3:13:12 PM
Canadian stocks remained moderately higher as a strong day in the gold sector outweighed concern over jobs data. The market is headed toward a fourth straight daily gain.
The S&P/TSX Composite Index has added 38.95 points or 0.34% to move at 11,219.36.
Gold stocks have surged 3.1% after the precious......
Toronto Stocks Linger Slightly Above Unchanged Line - Canadian Commentary
11/6/2009 11:25:40 AM
Canadian stocks are slightly higher on Friday as record gold prices offset disappointing employment reports. The market is looking for a fourth straight positive close.
The S&P/TSX Composite Index has added 15.97 points or 0.14% to move at 11,196.67.
Gold stocks have surged 3.1% after the precious......
Jobs Data Could Drag Toronto Stocks Lower - Canadian Commentary
11/6/2009 9:12:16 AM
Bay Street stocks could give back some recent gains on Friday morning following disappointing jobs reports from both sides of the border.
Following two months of moderate growth, Statistics Canada said Friday morning that employment decreased by 43,000 in October, all in part time. This drop pushed......
Fuel Systems Solutions Has Broken Out To A New High On Q3 Results
11/5/2009 9:46:10 AM
Fuel Systems Solutions (FSYS) reported third quarter EPS of $0.88 Thursday morning, up from the $0.75 in the prior year period. The consensus estimate was for EPS of $0.43.
Fuel......
SHORT TERM
Poniard Pharma Nearing D-Day – Stock To Watch
11/6/2009 8:56:02 AM
Poniard Pharmaceuticals Inc. (PARD) is only days away from announcing the much-awaited late-stage trial results of its experimental drug Picoplatin in small cell lung cancer. The top-line...
Boston Beer In Excellent Spirits – Stocks To Watch
11/6/2009 8:37:43 AM
Boston Beer Co Inc. (SAM), which makes Samuel Adams beer, raised its profit outlook for fiscal 2009, after turning around to profit in the third quarter. Earnings per share beat estimates...
Leucadia National In The Watch List – Stocks To Watch
11/6/2009 7:16:18 AM
Leucadia National Corp. (LUK), a holding company that invests in insurance, real estate, telecom and manufacturing, gaming and winery operations, posted a four-fold increase in profit....
LONG TERM
MKT TREND
Gold Stocks Moving Higher Along With Price Of Precious Metal
11/6/2009 11:44:24 AM
Following a notable upward move at the open, gold stocks continue to see considerable strength in late morning trading on Friday. The sector is benefiting from a continued rally in......
Semiconductor Stocks Moving Further Off Recent Lows
11/5/2009 11:46:31 AM
After seeing some strength in the previous session, semiconductor stocks are seeing some further upside during trading on Thursday. The sector is benefiting from a positive reaction......
Health Insurance Stocks Rallying After GOP Election Victories
11/4/2009 11:39:28 AM
After seeing gains in each of the two previous sessions, health insurance stocks are seeing further upside in morning trading on Wednesday. With the gains, health insurance stocks are......
Nalco To Present At Morningstar 2009 Stocks Forum; Webcast At 2:35 PM ET
Central Vermont Public Service Q3 09 Earnings Conference Call At 2:00 PM ET
Kite Realty Group Trust Q3 09 Earnings Conference Call At 1:00 PM ET
LTC Properties Q3 Earnings Conference Call At 1:00 PM ET
Public Storage Q3 09 Earnings Conference Call At 1:00 PM ET
SLIDE SHOW: Pittsburgh Plays Host To Third G-20 Summit 
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