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Real-time Equity news
U.S. stock market report
0714 EST 02Dec2009
Wells Fargo to close branches in California: LAT
Wells Fargo & Co will close 122 branches in California because of its 2008 acquisition of Wachovia Bank, according to a report in the Los Angeles Times.
More than 100 of the locations will be Wachovia offices, while the rest will be Wells Fargo locations, the paper wrote, adding that the closures were scheduled to occur in April.
For details, see
Shares of Wells closed Tuesday at $27.99.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0708 EST 02Dec2009
Nokia sees cellphone market up 10 pct in 2010
Nokia Corp, on Wednesday said it expects handset market volume to grow around 10 percent in 2010, above the analyst consensus of 8.6 percent growth.
The mobile phone giant also said its market share would be unchanged in 2010.
For details, see
U.S.-listed shares of the company fell 1 percent to $13.27 in premarket trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0703 EST 02Dec2009
Mortgage apps edge higher in latest week: MBA
U.S. mortgage applications nudged higher last week, data from an industry group showed on Wednesday, as borrowers remained subdued in the face of the lowest interest rates in six months.
The Mortgage Bankers Association said interest rates on 30-year fixed-rate mortgages, the most widely used loan, fell for a sixth straight week, remaining below the 5 percent level,
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0659 EST 02Dec2009
Crude oil falls on U.S. demand concerns
January crude oil futures were down on Wednesday after industry data showed a surprise build in U.S. crude stocks, raising doubts over demand recovery in the world's largest energy user.
For details, see
The contract fell 0.9 percent to $77.68 per barrel.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0656 EST 02Dec2009
Economic indicators for Dec. 2
Economic indicators on tap for Wednesday include MBA mortgage data, November Challenger layoffs and the November ADP employment report.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0653 EST 02Dec2009
Earnings diary for Dec. 2
There are no S&P 500 companies are scheduled to report results on Wednesday.
For more please double click
Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Real-time Equity news
U.S. stock market report
0714 EST 02Dec2009
Wells Fargo to close branches in California: LAT
Wells Fargo & Co will close 122 branches in California because of its 2008 acquisition of Wachovia Bank, according to a report in the Los Angeles Times.
More than 100 of the locations will be Wachovia offices, while the rest will be Wells Fargo locations, the paper wrote, adding that the closures were scheduled to occur in April.
For details, see
Shares of Wells closed Tuesday at $27.99.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0708 EST 02Dec2009
Nokia sees cellphone market up 10 pct in 2010
Nokia Corp, on Wednesday said it expects handset market volume to grow around 10 percent in 2010, above the analyst consensus of 8.6 percent growth.
The mobile phone giant also said its market share would be unchanged in 2010.
For details, see
U.S.-listed shares of the company fell 1 percent to $13.27 in premarket trading.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0703 EST 02Dec2009
Mortgage apps edge higher in latest week: MBA
U.S. mortgage applications nudged higher last week, data from an industry group showed on Wednesday, as borrowers remained subdued in the face of the lowest interest rates in six months.
The Mortgage Bankers Association said interest rates on 30-year fixed-rate mortgages, the most widely used loan, fell for a sixth straight week, remaining below the 5 percent level,
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0659 EST 02Dec2009
Crude oil falls on U.S. demand concerns
January crude oil futures were down on Wednesday after industry data showed a surprise build in U.S. crude stocks, raising doubts over demand recovery in the world's largest energy user.
For details, see
The contract fell 0.9 percent to $77.68 per barrel.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0656 EST 02Dec2009
Economic indicators for Dec. 2
Economic indicators on tap for Wednesday include MBA mortgage data, November Challenger layoffs and the November ADP employment report.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
0653 EST 02Dec2009
Earnings diary for Dec. 2
There are no S&P 500 companies are scheduled to report results on Wednesday.
For more please double click
Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.