Stocks on the move
Real-time equity news
U.S. stock market report
1725 ET 30Mar2010
Wall St rises on Apple; Honeywell raises view late
U.S. stocks rose in a slow session on Tuesday on data showing more stabilization in the economy, while Apple Inc rallied on a report that it was developing a new iPhone.
With the S&P 500 now up 73.4 percent from the March 2009 bottom and on track for a fourth straight quarterly gain, investors chose to lock in profits, with financials taking the brunt of the selling.
After the bell, Honeywell International Inc, a big manufacturer, raised its first-quarter profit outlook, sending its stock up after-hours.
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Reuters Messaging rm://ellis.mnyandu.reuters.com@reuters.net
1640 ET 30March2010
U.S. earnings diary for March 31
Quarterly earnings reports are expected on Wednesday from companies including Research In Motion, Rite Aid and Micron Technology.
For details, see
Reuters Messaging: leah.schnurr.reuters.com@reuters.net
1630 ET 30March2010
U.S. economic diary for March 31
Economic data on tap for Wednesday includes private employment and Chicago PMI for March as well as February factory orders.
For details, see
Reuters Messaging: leah.schnurr.reuters.com@reuters.net
1602 ET 30March2010
U.S. consumer confidence rebounds, home prices rise
U.S. consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery.
The data on Tuesday came a day after news of further gains in consumer spending as Americans feel more confident about the economy. Consumer participation is critical for the durability of the recovery that started in the second half of 2009.
For more please double click
Reuters Messaging: caroline.valetkevitch.reuters.com@reuters.net
1553 ET 30March2010
Obama signs final healthcare changes, defends law
President Barack Obama made another push to sell his healthcare overhaul to a skeptical public on Tuesday, calling it a victory over special interests that will help the middle-class and defending the 'courage' of legislators who backed it.
'This day affirms our ability to overcome the challenges of our politics and meet the challenges of our time,' Obama told a college audience outside Washington, as he signed into law the final changes to the sweeping plan approved by lawmakers last week, along with reforms in college student loan programs.
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Reuters Messaging: caroline.valetkevitch.reuters.com@reuters.net
1210 ET 30March2010
Blockbuster falls on delisting concerns
Blockbuster Inc shares fell on Tuesday on fears the video-rental chain could be delisted because it is not in compliance with exchange requirements for minimum global market capitalization.
The New York Stock Exchange requires listed companies to have a global market capitalization of $75 million over a 30-day trading period.
Blockbuster shares closed down 9.8 percent on Monday after the company said that it was not in compliance with the market cap rule.
For details, see
The stock shed 12 percent to 25 cents.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. 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
1725 ET 30Mar2010
Wall St rises on Apple; Honeywell raises view late
U.S. stocks rose in a slow session on Tuesday on data showing more stabilization in the economy, while Apple Inc rallied on a report that it was developing a new iPhone.
With the S&P 500 now up 73.4 percent from the March 2009 bottom and on track for a fourth straight quarterly gain, investors chose to lock in profits, with financials taking the brunt of the selling.
After the bell, Honeywell International Inc, a big manufacturer, raised its first-quarter profit outlook, sending its stock up after-hours.
For more please double click
Reuters Messaging rm://ellis.mnyandu.reuters.com@reuters.net
1640 ET 30March2010
U.S. earnings diary for March 31
Quarterly earnings reports are expected on Wednesday from companies including Research In Motion, Rite Aid and Micron Technology.
For details, see
Reuters Messaging: leah.schnurr.reuters.com@reuters.net
1630 ET 30March2010
U.S. economic diary for March 31
Economic data on tap for Wednesday includes private employment and Chicago PMI for March as well as February factory orders.
For details, see
Reuters Messaging: leah.schnurr.reuters.com@reuters.net
1602 ET 30March2010
U.S. consumer confidence rebounds, home prices rise
U.S. consumer confidence rebounded in March, while home prices rose in January for the eighth straight month according to a closely watched housing index, bolstering hopes for a sustainable economic recovery.
The data on Tuesday came a day after news of further gains in consumer spending as Americans feel more confident about the economy. Consumer participation is critical for the durability of the recovery that started in the second half of 2009.
For more please double click
Reuters Messaging: caroline.valetkevitch.reuters.com@reuters.net
1553 ET 30March2010
Obama signs final healthcare changes, defends law
President Barack Obama made another push to sell his healthcare overhaul to a skeptical public on Tuesday, calling it a victory over special interests that will help the middle-class and defending the 'courage' of legislators who backed it.
'This day affirms our ability to overcome the challenges of our politics and meet the challenges of our time,' Obama told a college audience outside Washington, as he signed into law the final changes to the sweeping plan approved by lawmakers last week, along with reforms in college student loan programs.
For more please double click
Reuters Messaging: caroline.valetkevitch.reuters.com@reuters.net
1210 ET 30March2010
Blockbuster falls on delisting concerns
Blockbuster Inc shares fell on Tuesday on fears the video-rental chain could be delisted because it is not in compliance with exchange requirements for minimum global market capitalization.
The New York Stock Exchange requires listed companies to have a global market capitalization of $75 million over a 30-day trading period.
Blockbuster shares closed down 9.8 percent on Monday after the company said that it was not in compliance with the market cap rule.
For details, see
The stock shed 12 percent to 25 cents.
Reuters Messaging: ryan.vlastelica.reuters.com@reuters.net Keywords: MARKETS STOCKSNEWS
COPYRIGHT Copyright Thomson Reuters 2010. 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.