Stocks on the move
Real-time Equity news
U.S. stock market report
1650 ET 12Nov2009
Wall Street hurt by strong dollar, consumer fears
U.S. stocks fell broadly on Thursday as a stronger dollar weighed on commodity-related shares and a guarded outlook from Wal-Mart Stores Inc prompted worries about consumer spending.
Reuters Messaging: leah.schnurr.reuters.com@reuters.net
1352 ET 12Nov2009
Apple plans 40 to 50 store openings in 2010
Apple Inc on Thursday said it plans to open 40 to 50 retail stores in 2010, with more than half of them outside the United States.
In addition, Ron Johnson, the company's senior vice president of retail, said Apple expects the holiday selling season to be a good one.
For details, see
Shares of Apple were little changed on Thursday, rising 0.1 percent to $203.44.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1205 ET 12Nov2009
White House may cut deficit with unused TARP: WSJ
The White House is looking to cut its budget deficit by using some unspent funds from the the U.S. government's Troubled Asset Relief Program (TARP), The Wall Street Journal said on Thursday, citing people familiar with the matter.
Members of the Obama administration are still debating the idea, the paper said, adding that the administration would still like to keep some of the unspent money in case of emergencies.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1150 ET 12Nov2009
Crude oil sinks after EIA inventory data
December crude futures fell on Thursday, after data from the Energy Information Administration showed that crude oil stockpiles rose more than expected last week.
The stockpiles rose on higher imports and lower refinery utilization, the EIA said. For details, see
After the data was released, crude dropped 2.8 percent to $77.07 per barrel.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1136 ET 12Nov2009
Youbet.com rallies after Churchill offer
Shares of Youbet.com Inc rallied on Thursday, a day after Churchill Downs Inc agreed to buy the company in a cash-and-stock deal.
Late Wednesday, Churchill agreed to buy Youbet.com in a deal valuing the online horse betting firm for $2.86 a share. For details, see
Youbet.com was up 11 percent to $2.68 while Churchill fell 2.7 percent to $30.73.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 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
1650 ET 12Nov2009
Wall Street hurt by strong dollar, consumer fears
U.S. stocks fell broadly on Thursday as a stronger dollar weighed on commodity-related shares and a guarded outlook from Wal-Mart Stores Inc prompted worries about consumer spending.
Reuters Messaging: leah.schnurr.reuters.com@reuters.net
1352 ET 12Nov2009
Apple plans 40 to 50 store openings in 2010
Apple Inc on Thursday said it plans to open 40 to 50 retail stores in 2010, with more than half of them outside the United States.
In addition, Ron Johnson, the company's senior vice president of retail, said Apple expects the holiday selling season to be a good one.
For details, see
Shares of Apple were little changed on Thursday, rising 0.1 percent to $203.44.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1205 ET 12Nov2009
White House may cut deficit with unused TARP: WSJ
The White House is looking to cut its budget deficit by using some unspent funds from the the U.S. government's Troubled Asset Relief Program (TARP), The Wall Street Journal said on Thursday, citing people familiar with the matter.
Members of the Obama administration are still debating the idea, the paper said, adding that the administration would still like to keep some of the unspent money in case of emergencies.
For details, see
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1150 ET 12Nov2009
Crude oil sinks after EIA inventory data
December crude futures fell on Thursday, after data from the Energy Information Administration showed that crude oil stockpiles rose more than expected last week.
The stockpiles rose on higher imports and lower refinery utilization, the EIA said. For details, see
After the data was released, crude dropped 2.8 percent to $77.07 per barrel.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net
1136 ET 12Nov2009
Youbet.com rallies after Churchill offer
Shares of Youbet.com Inc rallied on Thursday, a day after Churchill Downs Inc agreed to buy the company in a cash-and-stock deal.
Late Wednesday, Churchill agreed to buy Youbet.com in a deal valuing the online horse betting firm for $2.86 a share. For details, see
Youbet.com was up 11 percent to $2.68 while Churchill fell 2.7 percent to $30.73.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net 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.
© 2009 AFX News
