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Loan news blog

Loan news blog
usiness news and financial market coverage updated throughout the day
Articles: 1, 2, 3, 4, 5, 6, 7

Articles

Indexes Build Momentum In Midday Trading
2007-10-05 19:55:00
Oct. 5, 2007 (Investor’s Business Daily delivered by Newstex) — Stocks stepped higher at midday as optimism continued from this morning’s robust jobs report. At 12:40 p.m. ET, the small-cap S loan said Q3 profit likely fell 75% due to housing market woes. Newstex ID: IBD-0001-20062823 Originally published in the October 5, 2007 version of Investor’s ...
More About: Trading , Momentum , Build , Day Trading
Sunoco declares 4Q dividend
2007-10-04 19:55:00
Oct. 4, 2007 (Thomson Financial delivered by Newstex) — PHILADELPHIA (AP) - Sunoco Inc. (NYSE:SUN) on Thursday announced a fourth-quarter dividend of 27.5 cents per share. The Philadelphia-based company will pay the dividend Dec. 7 to shareholders of record Nov. 7. Copyright 2007 Associated Press. All rights reserved. This ...
More About: Dividend , Ares , Clar
Music download case goes to jury
2007-10-04 19:55:00
Oct. 4, 2007 (Thomson Financial delivered by Newstex) — DULUTH, Minn. (AP) - An attorney for six major music companies urged a federal jury Thursday to find a Minnesota woman liable for damages for illegally downloading and sharing music online, activity he said has gnawed at the industry’s bottom line. Record ...
More About: Music , Download , Case , Goes
FDA seeks speedier generic drug reviews
2007-10-04 19:55:00
Oct. 4, 2007 (Thomson Financial delivered by Newstex) — WASHINGTON (AP) - The Food and Drug Administration on Thursday unveiled a plan to speed up the approval of generic drugs and address a backlog of hundreds of applications. FDA officials outlined a half dozen recent changes that it said will streamline ...
More About: Reviews , Generic , Neri
Campbell Soup CEO exercises options
2007-10-04 19:55:00
Oct. 4, 2007 (Thomson Financial delivered by Newstex) — NEW YORK (AP) - The president and chief executive of soup maker Campbell Soup (NYSE:CPB) Co. exercised options for 41,381 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Wednesday. In a Form ...
More About: Exercises , Options
Stocks Mixed In Early Trading
2007-10-04 19:54:00
Oct. 4, 2007 (Investor’s Business Daily delivered by Newstex) — Opening gains quickly faded, but the major averages have rallied to about even in the last few minutes. The Nasdaq fell 0.1% at 10:16 a.m. But the Dow and S P 500 rose 2 points and Dow futures climbed 27 points. Foreign markets were mixed. Hong Kong’s ...
More About: Stocks , Trading , Early , Mixed , Earl
Norsk Hydro says inquiry uncovers more potential involvement in Libyan port
2007-10-04 19:54:00
LONDON, Oct. 4, 2007 (Thomson Financial delivered by Newstex) — Norsk Hydro (NYSE:NHY) ASA said internal investigations of its previous Libyan portfolio show it may have had more extensive contact and made more use of the consultancy in question than previously assumed. Earlier this week, President and CEO Eivind Reiten requested attorney ...
More About: Port , Tent
Stocks On Track For Mixed Start
2007-10-04 19:54:00
Oct. 4, 2007 (Investor’s Business Daily delivered by Newstex) — Stock futures pointed to a mixed open Thursday. Nasdaq futures slipped 2 points vs. fair value. But S P 500 rose 2 points and Dow futures climbed 27 points. Foreign markets were mixed. Hong Kong’s Hang Seng slumped 1.8% and the Nikkei fell 0.6%. London’s FTSE ...
More About: Stocks , Start , Track , Mixed , Mixe
Major Averages Make Minor Advance
2007-10-04 19:54:00
Oct. 4, 2007 (Investor’s Business Daily delivered by Newstex) — Indexes erased early losses to edge higher in late morning trade. At 11:04 a.m. ET, the NYSE composite rose 0.4%, the Nasdaq and the S P 500 rose 2 points and Dow futures climbed 27 points. Foreign markets were mixed. Hong Kong’s Hang Seng slumped 1.8% and ...
More About: Make , Major , Minor , Rages , Average
WORLD
2007-10-04 19:54:00
Oct. 4, 2007 (Investor’s Business Daily delivered by Newstex) — Crackdown intensifies in Rangoon Soldiers of the ruling junta said they were hunting pro-democracy dissidents in Burma’s largest city. The acting U.S. ambassador to Burma said military police had pulled people out of their homes during the night. Military vehicles patrolled the streets ...
More About: World
Stocks Edge Higher In Midday Trading
2007-10-04 19:54:00
Oct. 4, 2007 (Investor’s Business Daily delivered by Newstex) — The major indexes were slightly higher midday Thursday as stocks flip-flopped between positive and negatively territory. At 12: 40 p.m. ET, the NYSE composite rose 0.3%. The S P 500 rose 2 points and Dow futures climbed 27 points. Foreign markets were mixed. Hong Kong’s Hang ...
More About: Stocks , Trading , Edge , Higher , Day Trading
Bear Stearns lays off 310 workers
2007-10-03 19:56:00
Oct. 3, 2007 (Thomson Financial delivered by Newstex) — NEW YORK (AP) - Bear Stearns (NYSE:BSC) Cos. said Wednesday it is laying off 310 workers and fusing its two mortgage businesses, after turmoil in the home loan industry contributed to a dramatic slide in the investment bank’s profit. The Wall ...
More About: Workers , Lays , Worker
U.S. airline delays worsen in August
2007-10-03 19:56:00
Oct. 3, 2007 (Thomson Financial delivered by Newstex) — WASHINGTON (AP) - The airline industry’s dismal on-time performance in 2007 continued in August with nearly 30 percent of flights delayed. The most recent government data, which also showed a surge in fliers’ complaints, was released less than a week after President ...
More About: Airline , Delays
Raytheon VP exercises options
2007-10-03 19:56:00
Oct. 3, 2007 (Thomson Financial delivered by Newstex) — NEW YORK (AP) - The vice president of military contractor Raytheon (NYSE:RTN) Co. exercised options for 16,119 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. In a Form 4 filed with the ...
More About: Exercises , Options , Theo
Sneaker cos. go for Chinaand#039;s Olympic gold
2007-10-03 19:56:00
Oct. 3, 2007 (Thomson Financial delivered by Newstex) — (AP) - The Beijing Olympic s are less than a year away and one of the hottest races shaping up is not among ...
More About: Gold
Stocks Set For Weaker Start
2007-10-03 19:56:00
Oct. 3, 2007 (Investor’s Business Daily delivered by Newstex) — Stock futures pointed to a weaker start Wednesday, ahead of data on the services sector. Nasdaq futures fell 11 points vs. fair value, S after falling 4,000 in August. The ISM services index for September will be out at 10:00 a.m. ET. Economists see a ...
More About: Stocks , Start
Business events scheduled for Thursday
2007-10-03 19:56:00
Oct. 3, 2007 (Thomson Financial delivered by Newstex) — (AP) - Major business events and economic events scheduled for Thursday : WASHINGTON — Labor Department reports on weekly jobless claims, 8:30 a.m. WASHINGTON — Commerce Department reports on factory orders for August rates, 10 a.m. WASHINGTON — Freddie ...
More About: Business , Events , Sine
Indexes Pull Back In Early Trade
2007-10-03 19:55:00
Oct. 3, 2007 (Investor’s Business Daily delivered by Newstex) — Stocks opened lower Wednesday, as buyers stepped back after recent gains. At 10:09 a.m. ET, the small-cap S after falling 4,000 in August. The ISM services index for September will be out at 10:00 a.m. ET. Economists see a dip to 55 from August’s 55.8. ...
More About: Trade , Back , Early , Earl , Pull
Conoco CEO Tells Detroit Of Need For Fuel-Efficient Cars
2007-10-03 19:55:00
DETROIT -(Dow Jones)- Addressing Detroit business leaders Wednesday, Conoco Phillips (COP) Chief Executive James Mulva said the U.S. should consider a surcharge on less fuel-efficient vehicles and a rebate on more fuel-efficient models. The auto industry has traditionally opposed this measure, which is known as a “feebate.” In wide-ranging energy-policy speech before the ...
More About: Cars , Fuel , Tells
Indexes Shave Losses In Midday Trading
2007-10-03 19:55:00
Oct. 3, 2007 (Investor’s Business Daily delivered by Newstex) — Stocks pared some losses but still lingered in negative territory midday Wednesday. At 12:40 p.m. ET, the Dow, NYSE composite and small-cap S after falling 4,000 in August. The ISM services index for September will be out at 10:00 a.m. ET. Economists see a dip to ...
More About: Trading , Losses , Day Trading , Shave
Stocks Slip On Mixed Volume
2007-10-03 19:55:00
Oct. 3, 2007 (Investor’s Business Daily delivered by Newstex) — A morning of no startling news, good or bad, left stocks to their own devices Wednesday. Deutsche Bank (NYSE:DB) said it would take a mortgage loan-related $3 billion charge. Data showed the economy holding up reasonably well in September. As of 11:15 a.m. ET, the ...
More About: Stocks , Volume , Mixed , Slip , Mixe
Stocks slip as investors take a breather
2007-10-02 19:56:00
Oct. 2, 2007 (Thomson Financial delivered by Newstex) — NEW YORK (AP) - Stocks fell Tuesday as investors disappointed by a sharp drop in pending home sales decided to preserve some profits from the rally that sent the Dow Jones industrial average back into record territory. Wall Street is eager for ...
More About: Investors , Brea , Slip
EBay unit president exercises options
2007-10-02 19:55:00
Oct. 2, 2007 (Thomson Financial delivered by Newstex) — NEW YORK (AP) - The president of online auctioneer eBay (NASDAQ:EBAY) Inc.’s eBay Marketplaces North America unit exercised options for 40,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. In a Form ...
More About: President , Ebay , Exercises , Options , Resident
Theolia swings to net profit in H1, raises FY sales guidance
2007-10-02 19:55:00
PARIS, Oct. 2, 2007 (Thomson Financial delivered by Newstex) — Theo lia (OOTC:THIXF) posted a net profit of 6.3 mln eur in the first six months, swinging from a loss of 4.1 mln a year earlier and said it expects sales and earnings to come in even higher in the second half. It ...
More About: Sales , Profit , Guid
Morgan Stanley shuffles mortgage unit
2007-10-02 19:55:00
Oct. 2, 2007 (Thomson Financial delivered by Newstex) — NEW YORK (AP) - Morgan Stanley (NYSE:MS) (NASDAQ:MNDX) said Tuesday it is cutting about 600 jobs and consolidating its mortgage businesses, after a credit crisis upended the home loan industry this summer and forced other investment banks into similar moves. ...
More About: Mortgage , Unit
Toyota September unit sales fall 0.6 pct year-on-year
2007-10-02 19:55:00
LONDON, Oct. 2, 2007 (Thomson Financial delivered by Newstex) — Toyota Motor (NYSE:TM) Sales USA Inc reported September sales of 213,043 vehicles, a decrease of 0.6 pct from a best-ever September 2006. Calendar-year-to-date sales total 2,001,646 units, up 3.8 pct over the same period last year. ‘Given September’s economic headwind, ...
More About: Fall , Year
Stocks To Open Higher On Buyout News
2007-10-02 19:55:00
Oct. 2, 2007 (Investor’s Business Daily delivered by News tex) — Stock futures pointed to a slightly higher open Tuesday on acquisitions news. Foreign markets posted nice gains. The Nikkei gained 1.2%, the Shanghai composite jumped 2.6% and Hong Kong’s Hang Seng sprinted 3.9%. Germany’s Dax rose 0.6% and the London’s FTSE 100 rose 0.4%. The dollar rebounded ...
More About: Stocks , Open , Higher
Ho-Hum Opening Leaves Indexes Little Changed
2007-10-02 19:55:00
Oct. 2, 2007 (Investor’s Business Daily delivered by Newstex) — Stocks dribbled out of the opening gate with a slight downward bias, despite futures hinting at a higher start. As of 10:13 a.m. ET, the Dow and Nasdaq were up less than 0.1%. The S P 500 index after the close of trading Oct. 5. Polycom PLCM pegged ...
More About: Opening , Litt , Leaves , Chang , Chan
Small Caps Stream Upstream
2007-10-02 19:55:00
Oct. 2, 2007 (Investor’s Business Daily delivered by Newstex) — The major indexes hovered near the worst levels of the session in early afternoon trading. At 12:45 p.m. ET, the New York composite dropped 0.5%, the Dow 0.4%, the S P 500 index after the close of trading Oct. 5. Polycom PLCM pegged Q3 earnings excluding charges ...
More About: Small , Stream
Kohland#039;s Sees 2008-2012 Same-Store Sales Up 2%-4% Annually
2007-10-02 19:55:00
DOW JONES NEWSWIRES Kohl’s Corp. (KSS) expects comparable-store sales growth of 2% to 4% annually in 2008 through 2012 and total sales growth of 9% to 11% on a compound rate basis from 2006 through 2012. The Menomonee Falls, Wis., department store company forecast per-share earnings growth in the range of ...
More About: Sales , Store , Ally , Sees , Annual
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