New York (AFP) – Oil prices scored strong gains for a second day Friday, helped by a surprisingly robust jobs report in the United States, the world’s largest crude consumer. US benchmark West Texas Intermediate (WTI) for March delivery advanced $ 1.21 (2.4 percent) to settle at $ 51.69 a barrel. Brent North Sea crude Read More
February 2015
RadioShack bankruptcy filing: To sell up to 2,400 stores Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to Sprint and an affiliate of hedge fund Standard General, its lender and largest shareholder. RadioShack, which posted losses in Read More
* Twitter, LinkedIn climb in premarket after results * GoPro stumbles after results, COO resignation * Payrolls report tops expectations * Futures up: Dow 72 pts, S&P 6.75 pts, Nasdaq 10.55 pts (Adds data, news on defense deal) By Chuck Mikolajczak NEW YORK, Feb 6 (Reuters) – U.S. stocks were set to advance at the Read More
* Twitter, LinkedIn climb in premarket after results * GoPro stumbles after results, COO resignation * Payrolls report on tap * Futures up: Dow 29 pts, S&P 3 pts, Nasdaq 5 pts By Chuck Mikolajczak NEW YORK, Feb 6 (Reuters) – S&P Futures were little changed on Friday ahead of the monthly payrolls report, with Read More
LONDON (ShareCast) – 1117: US stock futures are currently pointing to a flat start ahead of the non-farm payrolls report, with the S&P 500 unchanged and the Dow and Nasdaq up just 0.1%. Forecasts are for a 230,000 gain in NFPs in December after a reading of 252,000 in November, while the jobless rate is Read More
Crude oil, SPY, UUP, and gold ETFs react after US growth data (Part 2 of 5) (Continued from Part 1) US Dollar Index The US Dollar Index fell after the US commerce department reported US economic growth data. The US economy grew by 2.6% in 4Q14 compared to 5% in 3Q14, which was below the Read More
* Pfizer (NYSE: PFE – news) to buy Hospira (NYSE: HSP – news) for about $ 15 billion * Twitter (Xetra: A1W6XZ – news) gains after Bloomberg reports deal with Google (Xetra: A0B7FY – news) * Michael Kors (Swiss: KORS.SW – news) tumbles after results, outlook * Futures up: Dow 104 pts, S&P 14.5 pts, Read More
U.S. stock futures traded higher Thursday, helped by Pfizer’s ( PFE ) $ 17 billion deal to buy Hospira ( HSP ), even as the European Central Bank caused jitters overseas when it stopped accepting Greek bonds in return for providing emergency funding to Greek banks. Greece dubbed the surprise move as “blackmail” to Read More
S&P Futures signaled a higher open on Thursday, ahead of key media company earnings and after the European Central Bank (ECB) put more pressure on Greece’s new government. Futures also cheered a positive turn in oil by more than 2.5 percent after Wednesday’s nearly 9 percent plunge. The gains came as European equities moved lower Read More
* Pfizer to buy Hospira for about $ 15 billion * Twitter gains after Bloomberg reports deal with Google * Michael Kors tumbles after results, outlook * Futures up: Dow 100 pts, S&P 14 pts, Nasdaq 20.25 pts By Chuck Mikolajczak NEW YORK, Feb 5 (Reuters) – S&P Futures advanced on Thursday, putting equities on Read More