Friday, February 27, 2009

Stocks tumble at the open - Dow plunges 100 points - after government announces bigger stake in Citi, whose stock falls 32%.

Date: Fri, 27 Feb 2009 09:33:06 -0500

Stocks tumble at the open - Dow plunges 100 points - after government
announces bigger stake in Citi, whose stock falls 32%.

Monday, February 23, 2009

Breaking News: Dow drops to lowest level since '97

Date: Mon, 23 Feb 2009 15:22:53 -0600

NEW YORK (AP) - The major stock market indexes have staggered to their
lowest levels since 1997, pulled down by investors' rapidly waning
confidence. The Dow Jones industrial average is down 250 at 7,114. The
Standard & Poor's 500 index is down 26 at 743, while the Nasdaq
composite index is down 53 at the 1,387.

U.S. to provide 'capital buffer' as needed for banks

Date: Mon, 23 Feb 2009 12:01:31 -0500

U.S. to provide 'capital buffer' as needed for banks

The U.S. will stand ready to provide a "temporary capital buffer" to
banks that fail a planned stress test and are unable to secure help
from private sources, regulators announce.

REPORT: GOVERNMENT CONSIDERS BIGGER STAKE IN CITI

Citigroup Inc. reportedly is in talks with federal officials for the U.S.
government to expand its ownership of the bank, just days after
Citigroup's stock slumped to an 18-year low and Bank of America Corp.
shares hit a record low on worries the two financial giants may be
nationalized.

CLINTON URGES CHINA TO KEEP BUYING U.S. TREASURYS: REPORTS

Secretary of State Hillary Clinton wrapped up a state visit to China
Sunday by urging her hosts to continue to invest in U.S. Treasury
instruments and underscoring the two countries' interdependence,
according to published reports.

ASIAN NATIONS LIFT CURRENCY-DEFENSE FUND TO $120 BLN FROM $80 BLN

Asian nations agree to broaden the common reserves they can draw on to
protect regional currencies to $120 billion.

EUROPEAN G20 LEADERS CALL FOR BROAD FINANCIAL REGULATION: REPORTS

The European leaders of the Group of 20 call for more transparency and
regulation of all financial markets, products and investors, including
hedge funds, according to published reports.

Saturday, February 21, 2009

Energy: Stocks in focus for Monday

Date: 21 FEB 2009 05:05:29 GMT

Among the companies whose shares are expected to see active trade in
Monday's session are Campbell Soup, Nordstrom and Hertz.

Thursday, February 19, 2009

Markets Thursday, 02/19/2009

Date: Thu, 19 Feb 2009 17:31:03 -0500

| Dow : 7465.95 down 89.68 | S & P : 778.94 down 9.48 |
| NASDAQ: 1442.82 down 25.15 | Bond (10Y): 2.85%, 99.09

MARKETS:
Dow stumbles to 6-year low
Bank stocks lead the retreat, pushing the blue-chip indicator to
levels not seen since October 2002.

Wednesday, February 18, 2009

Stocks in focus for Thursday

Date: 18 FEB 2009 23:22:41 GMT

Among the companies whose shares are expected to see active trade in
Thursday's session are Sprint Nextel, Hormel, CVS Caremark, and
Brocade.

Markets Wednesday, 02/18/2009

Date: Wed, 18 Feb 2009 17:31:03 -0500

| Dow : 7555.63 up 3.03 | S & P : 788.42 down 0.75
|
| NASDAQ: 1467.97 down 2.69 | Bond (10Y): 2.75%, 99.94

MARKETS:
Stocks churn on economic woes
Major indexes struggle for direction on ongoing economic worries.
Obama's housing plan and Fed forecast are in focus.

H-P shares fall in late trading on lower earnings and reduced forecast

Date: Wed, 18 Feb 2009 16:25:42 -0500

H-P shares fall in late trading on lower earnings and reduced forecast
2/18/2009 4:23:25 PM EDT

Tuesday, February 17, 2009

Tech: With rare exception, tech finishes session in red

Date: Tue, 17 Feb 2009 18:00:11 -0500

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Tech Stocks: With rare exception, tech finishes session in red
2/17/2009 4:27 PM ET
A Google downgrade and a last-minute $530 million loan for Sirius XM
Satellite Radio highlight the action in tech, with nearly every sector
leader slumping along with the broader market.

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The Ratings Game: Google downgraded following post-earnings surge
2/17/2009 5:24 PM ET
A Wall Street analyst says shares of Google Inc. have gotten too far
ahead of themselves since the company's better-than-expected earnings
report last month.

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Sirius gets lifeline from Liberty Media; shares double
2/17/2009 4:45 PM ET
Shares of Sirius XM Satellite Radio as much as doubled Tuesday morning
on news that John Malone's Liberty Media has agreed to invest a total
of $530 million in the the beleaguered radio company, allowing it to
avoid a Chapter 11 bankruptcy filing.

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Research In Motion execs settle SEC charges over backdating
2/17/2009 3:20 PM ET
The Securities and Exchange Commission said Tuesday that it has
charged -- and reached settlements with -- four top officers of
Research In Motion for allegedly backdating stock options for an
eight-year period ended in 2006.

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AMD shareholders meet to vote on spin-off plan
2/17/2009 12:48 PM ET
After failing to get enough votes for a blockbuster spin-off, Advanced
Micro Devices Inc. will try again to get shareholder approval for a
plan that most analysts see as critical for the chip giant's financial
survival.

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Rivals Nokia, Qualcomm to team up
2/17/2009 12:39 PM ET
WASHINGTON (MarketWatch) -- Finland's Nokia Corp. and San Diego-based
Qualcomm Inc. unveiled plans on Tuesday to develop next-generation
mobile phones for North America in a potentially pivotal deal between
the longtime rivals.

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Telecom Stocks: Telecoms tumble across the board
2/17/2009 12:35 PM ET
Telecommunications stocks beat a sharp retreat as the broader U.S. and
global markets slump. Big-name stocks head the decline.

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Alcatel-Lucent exec says services business to grow in 2009
2/17/2009 12:04 PM ET
Alcatel-Lucent's services business will grow this year, in contrast to a
contracting global infrastructure market, the head of the unit told
MarketWatch in an interview Tuesday.

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Huawei expects its handset shipments to increase 30% in 2009
2/17/2009 10:39 AM ET
Chinese telecoms equipment giant Huawei Technologies is targeting a
30% increase in handset shipments in 2009 as it expands at the high
end with its just-launched Android-powered phone and strikes
partnerships with new operators.
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HTC launches new Android phone with Vodafone
http://www.marketwatch.com/News/Story/Story.aspx?guid=2df50602/17/2009
8:42 AM ET
Taiwanese handset maker HTC on Tuesday unveiled the successor to its
first "Google" phone, a slimmer, touch-screen device that will be
available exclusively from Vodafone in key European markets this
spring.

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Telstra CEO sees crisis as chance to push new services
2/17/2009 4:58 AM ET
The chief executive of Australia's Telstra Corp. said Tuesday that the
economic crisis will create opportunities for it to sell services to
corporations and governments to cut costs, even as the deteriorating
economy affects its business.

reaking News: President Obama signs stimulus bill

Date: Tue, 17 Feb 2009 14:29:58 -0600

DENVER - Obama signs $787 billion economic plan, most sweeping rescue
package in decades.

Stocks putting November lows to the re-test

Date: Tue, 17 Feb 2009 12:01:24 -0500
Stocks putting November lows to the re-test

With the S&P 500 trading below 800 for the first time in nearly three
months, the broad market is testing November lows in what could prove
to be a pivotal. trial for what's viewed as a key support level.

FUTURES MOVERS: OIL DROPS 7% AS U.S. STOCK INDEXES FALL, ECONOMIC WORRIES MOUNT

Oil futures tumbled below $35 a barrel on Tuesday, as falling U.S.
stock indexes and concerns about the global economy weighed on
investor sentiment.

EXPENSES HURT WAL-MART'S PROFIT, BUT RESULTS EXCEED VIEW

Retail giant Wal-Mart Stores Inc. says fourth-quarter profit fell
7.4%, hurt by higher expenses and a stronger dollar even as its
low-price position has helped it win traffic and sales from
budget-conscious shoppers.

SIRIUS GETS LIFELINE FROM LIBERTY MEDIA; SHARES DOUBLE

Shares of Sirius XM Satellite Radio as much as doubled Tuesday morning
on news that John Malone's Liberty Media has agreed to invest a total
of $530 million in the the beleaguered radio company, allowing it to
avoid a Chapter 11 bankruptcy filing.

VENEZUELA OPPOSITION REFLECTS ON LOSS; ECONOMISTS WARN OF TROUBLE

The Venezuelan people's decision to dismantle term limits is a
resounding vote of confidence in President Hugo Chavez and is forcing
the opposition to reflect.on its strategy and seek new ways to reach
the millions who can't imagine their nation without the popular
strongman.

Friday, February 13, 2009

Tech: Texas Instruments, AMD rise, but sector rally fizzles

Tech Stocks: Texas Instruments, AMD rise, but sector rally fizzles
2/13/2009 4:25 PM ET
McAfee Inc. shares soar on strong earnings, while Texas Instruments
leads another chip-sector rally as investors anticipate an upturn for
semiconductor makers.

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Media Report: Why satellite-TV moguls see value in Sirius XM
2/13/2009 5:28 PM ET
Among those who still seem to believe in the future of satellite radio
are the heads of the two largest U.S. satellite-television providers
-- and that has to count for something.

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Google's sales to Uncle Sam in apparent decline
2/13/2009 5:26 PM ET
While Google has made efforts to expand its appeal to federal agencies
in recent years, the company's actual sales to the U.S. government
have been in decline, according to data posted on a White House Web
site.

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More gloom hovers over Sun Microsystems
2/13/2009 4:06 PM ET
Negativity about the prospects for Sun increases among analysts, after
Goldman Sachs added the server and software developer to its "Americas
conviction sell" list on the grounds that Sun is facing too much
competition and is too dependent on customers that aren't in the
market for high-end computer equipment.

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The Ratings Game: Research In Motion hit by bearish call on smart phones
2/13/2009 11:46 AM ET
Research In Motion takes a hit after Credit Suisse downgrades the
stock to the equivalent of a sell rating, citing worries that the
BlackBerry maker will have
a harder time holding on to its market share and maintaining profit margins.

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Telecom Stocks: Embarq, Ericsson pace telecom-sector gainers
2/13/2009 10:35 AM ET
With shares of Embarq and Ericsson in the lead, advancers outpace
decliners in the telecom sector, though the early price moves mostly
are in a narrow range.

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Barcelona sounds new tone in slowdown
2/13/2009 5:04 AM ET
The mobile phone industry is not known for its muted gatherings. For
years, in Nice and then in Barcelona, its wheelers and dealers have
gathered on the Mediterranean seaside to ogle snazzy new phones, tout
revolutionary technologies and throw well-lubricated parties.

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The Spiral: Lingering deflation may spell disaster for stocks
ef2d47f2bdf90eab52287242&siteid=nwttechdaily
2/13/2009 3:00 AM ET
Many investors believe that a lengthy bout of deflation is unlikely.
But if consumer prices do indeed fall for a long time, the result is
likely to be a disaster for much of the stock market, investment
professionals say.

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The Spiral: Deflation brings bad news for almost everyone
2/13/2009 3:00 AM ET
Bargain shoppers, beware. The last time a major economy experienced
repeat price cuts across a broad range of consumer goods, the stock
market lost 80% of
its value and unemployment hit its highest level since World War II.

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Microsoft hires Wal-Mart veteran to plan retail stores
2/12/2009 6:42 PM ET
Microsoft Corp. hires a 25-year veteran of Wal-Mart Stores Inc. to
oversee the development and opening of the software giant's first
retail stores.

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Stocks to Watch: Stocks in focus for Friday
2/12/2009 6:40 PM ET
Among the companies whose shares are expected to see active trade in
Friday's session are PepsiCo Inc., Abercrombie & Fitch Co., and
Wyndham Worldwide Corp.

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As product range slims, Google scraps radio ad business
2/12/2009 5:33 PM ET
In its latest effort to narrow a historically broad product range, the
Internet search giant says it's abandoning its radio advertising
service.

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Vestas eyes 2009 growth, ramps up U.S. presence
2/12/2009 5:06 PM ET
Vestas Wind Systems CEO Ditlev Engel says he's planning to hire nearly
3,000 more people in the U.S. as the largest standalone wind turbine
maker in the world ramps up production with more sorely-needed green
collar jobs.

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Earnings Outlook: Software, services and stability to lead H-P report
2/12/2009 5:00 PM ET
Analysts say Hewlett-Packard will at the very least meet Wall Street's
earnings and revenue forecast due to strength from its software and
services business when the technology giant reports results on
Wednesday.

Energy: The Spiral: Deflation brings bad news for almost everyone

Date: 13 FEB 2009 08:05:18 GMT

Bargain shoppers, beware. The last time a major economy experienced
repeat price cuts across a broad range of consumer goods, the stock
market lost 80% of its value and unemployment hit its highest level
since World War II.

Thursday, February 12, 2009

Tech: Late rally pushes Nasdaq into the black; Palm, Apple advance

Date: Thu, 12 Feb 2009 18:00:45 -0500
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Tech Stocks: Late rally pushes Nasdaq into the black; Palm, Apple
advance
2/12/2009 1:48 PM ET
A late rally pushes tech stocks into positive terrain, led by
semiconductors Palm Inc. and Apple.
-----------------------------------------------------------------
As product range slims, Google scraps radio ad business
2/12/2009 5:33 PM ET
In its latest effort to narrow a historically broad product range, the
Internet search giant says it's abandoning its radio advertising
service.
-----------------------------------------------------------------
Vestas eyes 2009 growth, ramps up U.S. presence
2/12/2009 5:06 PM ET
Vestas Wind Systems CEO Ditlev Engel says he's planning to hire nearly
3,000 more people in the U.S. as the largest standalone wind turbine
maker in the world ramps up production with more sorely-needed green
collar jobs.
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Earnings Outlook: Software, services and stability to lead H-P report
2/12/2009 5:00 PM ET
Analysts say Hewlett-Packard will at the very least meet Wall Street's
earnings and revenue forecast due to strength from its software and
services business when the technology giant reports results on
Wednesday.
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Analyst sounds bearish note on business-software giants
2/12/2009 4:35 PM ET
While large business-software makers such as Oracle and SAP AG have
shielded. themselves from the downturn with large, dependable streams
of maintenance revenue, a Wall Street analyst is nonetheless bearish
on the two technology giants.
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McAfee profit rises on 19% revenue gain
2/12/2009 4:33 PM ET
McAfee Inc. reports its fourth-quarter profit and sales rose sharply
compared to the same period a year earlier, helping send its shares
higher in after-hours trading.
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Charter to file for bankruptcy by April 1
2/12/2009 4:14 PM ET
Cable operator Charter Communications, weighed down by huge debt for
many years, says it will file for Chapter 11 bankruptcy protection by
April 1 under the terms of an agreement with some of its creditors.
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Small-Cap Focus: ComScore shares slide after earnings report
2/12/2009 4:13 PM ET
Shares of the Internet-research firm tumble nearly 26% after the
company issuesa fourth-quarter earnings report that disappoints
analysts and investors.
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London Markets: U.K. stocks drop, led by commodity plays, BT Group
2/12/2009 12:26 PM ET
London shares retreat on weakness in the mining sector, with mostly
downbeat. earnings from the likes of BT Group not helping matters.
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Europe Markets: Stocks in Europe drop for third day in a row
2/12/2009 12:08 PM ET
European shares fall for the third session in a row, with downbeat
results from top firms like BT Group, Capgemini and EdF contributing
to a bearish view over the global economy.
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Telecom Stocks: Sector mostly retreats; Sprint gains
2/12/2009 11:34 AM ET
Telecommunications stocks sweep lower in tandem with the broader
market, though Sprint Nextel Corp. and Clearwire Corp. stand out among
the few gainers.
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Israel Stocks: Market off for 3rd day as election outcome still unclear
2/12/2009 10:31 AM ET
Weakness in Israeli stocks carries into a third straight session, as the
question of which of Israel's two major candidates to be the next
prime minister would be designated to form a government remains
unanswered.
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Pioneer plans 10,000 job cuts, closing TV business
2/12/2009 7:58 AM ET
Pioneer Corp. said Thursday it is closing its television-making
operations and plans to slash 10,000 jobs from its global workforce,
as the economic slowdown batters the consumer electronics industry.
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BT net drops 73% on global services charge
2/12/2009 5:38 AM ET
BT Group Plc, the U.K.'s largest telecommunications company, on
Thursday reported a 73% drop in third-quarter net profit after a
charge at its global services division and warned it may need to book
further charges this year.

Wednesday, February 11, 2009

Energy: Canadian stocks rise, as gold rally boosts miners

Date: 11 FEB 2009 16:34:06 GMT

Stocks in Canada rise, as the mining sector leads the market higher
amid rallying gold prices, while Research In Motion shares fall
sharply after the company says its earnings will be at the low end of
its target.

Tuesday, February 10, 2009

Tech: Broad losses hammer sector at market close

Date: Tue, Feb 10, 2009 at 6:00 PM


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Tech Stocks: Broad losses hammer sector at market close
2/10/2009 4:19 PM ET
Technology stocks end the day sharply lower amid a broader market sell-off as
investors fail to get behind a plan by Treasury Secretary Timothy Geithner to
rescue the U.S. banking system.

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Jennifer Openshaw: Thinking stocks with Jonas Brothrs, Jessica Simpson, the Boss
2/10/2009 7:03 PM ET
There are many different ways to put together a stock portfolio: Some people
scrutinize earnings reports, P/E ratios, and more financial minutia. Some
people close their eyes and throw a dart at the financial page.

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Stocks to Watch: Stocks in focus for Wednesday
10/2009 5:59 PM ET
Among the companies whose shares are expected to see active trade in
Wednesday's session are Ingersoll-Rand, Credit Suisse, Activision Blizzard and
ArcelorMittal.

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Microchip withdraws plan to acquire Atmel
2/10/2009 5:32 PM ET
Microchip Technology Inc. says it is ending its bid to acquire Atmel Corp. and
is withdrawing its slate of director-nominees for the company's upcoming board
elections.

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Nvidia turns in a loss as sales plunge
2/10/2009 5:29 PM ET
Nvidia Corp. reports a big loss in its fiscal fourth quarter as sales for the
graphics chip maker plunge 60% in what the company calls a "difficult and
uncertain" business environment.

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Applied Materials swings to loss on dramatic demand drop
2/10/2009 5:06 PM ET
Applied Materials Inc. reports a big fiscal first quarter loss, stung by a 36%
drop in sales as the company reels from what its chief executive describes as
"an unprecedented decline in demand."

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After Hours: Applied Materials, Nvidia fall on quarterly losses
2/10/2009 5:03 PM ET
Shares of Applied Materials and Nvidia fall in the evening trading session
after the technology companies report quarterly losses.

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DirecTV profit slips 5% as costs rise
2/10/2009 4:47 PM ET
DirecTV, the largest U.S. satellite broadcaster, said
Tuesday that its fourth-quarter profit fell 5% as the cost to acquire and
retain subscribers increased sharply.

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Yahoo shares slide following analyst downgrade
2/10/2009 4:43 PM ET
Shares of embattled Internet company Yahoo Inc. fall more than 8%, as
a Needham & Co. analyst downgrades the stock, citing a "softening"
online advertising market.

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AMD shares plunge on delay of spin-off plan
2/10/2009 4:11 PM ET
Shares of Advanced Micro Devices fall sharply after the company says it needs
more votes for the approval of its planned spin-off.

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Intel to invest $7 billion in U.S. facilities
2/10/2009 4:06 PM ET
Semiconductor maker Intel Corp. plans to spend $7 billion over the next two
years to build advanced manufacturing facilities in the U.S.

-----------------------------------------------------------------1
London Markets: U.K. miners pace retreat as U.S. financial plan
2/10/2009 12:13 PM ET
Shares listed in the FTSE 100, London's top index, fell sharply on Tuesday,
with mineral extractors among the lead decliners as investors fretted over the
U.S. government's latest plan to shore up its financial system and economy.

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Qwest profit cut in half, looks to cut costs
2/10/2009 10:48 AM ET
Qwest Communications International posts sharply lower earnings in the fourth
quarter as more landline customers disconnect phone service.

Monday, February 9, 2009

Tech: Apple rises in volatile technology trading

Date: Mon, Feb 9, 2009 at 6:00 PM

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Tech Stocks: Apple rises in volatile technology trading

Apple Inc. rises on an analyst upgrade even as the rest of the tech sector
struggles through a volatile trading session.

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Amazon debuts e-book reader Kindle 2; same price as original
2/9/2009 4:48 PM ET
Amazon unveiled a slimmer, lighter version of the Kindle, its electronic book
reader, with a host of new features but with the price the same as the original
device: $359.

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Microsoft lends rival Google a license for Sync
2/9/2009 3:56 PM ET
Microsoft licenses its mobile software to rival Google, a move that highlights
the increasing ability of large technology companies to use intellectual
property for more than simply developing products for their own customers.

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Amazon shares looking expensive again
2/9/2009 1:53 PM ET
The Kindle e-book reader is not the only pricey thing known about Amazon.com --
the online retailer's stock has become one of the most expensive among large
technology companies.
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Outside the Box: In Tuesday election, Israeli voters plan an economic statement
2/9/2009 8:04 AM ET
Israel's frequently stormy elections have seldom been about economics. Even the
1984 election, which took place against the backdrop of 400% inflation, was
more about foreign affairs than about economics. Now the mess is as big as the
entire global economy, and the candidates are talking business ad nauseam.
While the Palestinian attacks on southern Israel and the recent fighting in
Gaza remain on all minds, the economy this time is a major issue.

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Vodafone and Hutchsion to merge Australian operations
2/9/2009 4:09 AM ET
Vodafone, the world's largest wireless carrier, and Hutchison
Telecommunications, a unit controlled by Hong Kong billionaire Li Ka-shing,
said Monday they will merge their telecommunications businesses in Australia,
forging an equal-share wireless operator.

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Israel Stocks: Tel Aviv extends gains, but UBS cuts economic outlook
2/8/2009 10:42 AM ET
Israeli stocks surge for a fourth day of increases, led by the chemicals
companies, the banks and real estate, even as UBS trims its outlook for
Israel's economy.

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AT&T, cellular workers' union continue labor talks as pact ends
2/8/2009 7:09 AM ET
AT&T and its wireless-service workers agreed to continue bargaining over a new
labor contract after their previous agreement expired just after midnight
Sunday, the Communications Workers of America said.

Friday, February 6, 2009

Senators set tentative pact on $780 billion stimulus bill: reports

Date: Fri, 06 Feb 2009 18:05:38 -0500

Senators set tentative pact on $780 billion stimulus bill: reports
2/6/2009 6:03:19 PM EDT

Tech: Gains from Apple, Microsoft help sector extend advance

Date: Fri, 06 Feb 2009 18:00:57 -0500

Tech Stocks: Gains from Apple, Microsoft help sector extend advance
2/6/2009 2:07 PM ET
Bellwether tech stocks gain further ground, leading the tech sector
upward along with the broader market in the face of the latest U.S.
unemployment figures.

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Salesforce.com shares fall as top executive departs
2/6/2009 4:08 PM ET
Shares of business software provider Salesforce.com Inc. fall sharply
after the company discloses the resignation of its president and chief
strategy officer and analysts speculate that the company may have
struggled in the fourth quarter.

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As chips outpace Nasdaq, investors ask: Is optimism justified?
2/6/2009 1:38 PM ET
Despite being stung by dramatic drops in sales, many chip
manufacturers have seen their shares rise over the past month, as some
investors appear to anticipate a bottom for semiconductor industry.

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Sharp swings to quarterly loss, plans to cut 1,500 contract jobs
2/6/2009 8:52 AM ET
Headed toward its first annual loss in nearly 60 years, Japan's Sharp
plans to cut positions among contract workers and will likely trim its
dividend.

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Netflix hit by downgrade on video-streaming concerns
2/5/2009 7:12 PM ET
Needham & Co. downgrades shares of online DVD-rental pioneer Netflix
to underperform from hold, citing concerns that the stock may be
overpriced.

Breaking News

Date: Fri, 6 Feb 2009 08:49:03 -0500

U.S. unemployment rose by 598,000 to 7.6 per cent in January, Labor
Dept. reports, the worst monthly job loss since 1974.

Thursday, February 5, 2009

Treasury's Geithner to unveil 'comprehensive' bank-rescue plan Monday

Date: Thu, 05 Feb 2009 16:02:45 -0500

Treasury's Geithner to unveil 'comprehensive' bank-rescue plan Monday
2/5/2009 4:00:43 PM EDT

Markets Thursday, 02/5/2009

Date: Thu, 5 Feb 2009 17:31:03 -0500

| Dow : 8063.07 up 106.41 | S & P : 845.85 up 13.62
|
| NASDAQ: 1546.24 up 31.19 | Bond (10Y): 2.91%, 107.00

MARKETS:
Stocks stage a rally
Wall Street climbs as hopes for government bailout plan lift
financials. Wal-Mart's January sales results help, too

Wednesday, February 4, 2009

Fwd: Tech Daily: Weakness drags down sector at market close

Date: Wed, Feb 4, 2009 at 6:00 PM

Tech Stocks: Weakness drags down sector at market close

2/4/2009 4:32 PM ET
Technology stocks put in a mildly disappointing performance as gains from
video-game publisher Electronic Arts Inc. and networking-equipment giant Cisco
Systems Inc. are partially outweighed by weakness throughout the sector.

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Cisco earnings fall as forecast disappoints Wall Street

2/4/2009 5:36 PM ET
Cisco Systems Inc. reported a 27% drop in fiscal second-quarter profit, better
than what Wall Street had anticipated. The shares fell in after-hours trading
on a disappointing forecast.

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House acts to delay digital TV transition until June

2/4/2009 5:35 PM ET
The House votes to put off until June this month's scheduled mandatory shift to
digital for U.S. TV broadcasters until June, a move likely to find support from
President Obama.

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THQ swings to big loss and plans to lay off 600 workers
2/4/2009 5:19 PM ET
THQ Inc. posts a big net loss for the third fiscal quarter as video game sales
fell and the company was forced to take big charges for the write-down of
certain assets.

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Google to AOL: We'd like our money back now
2/4/2009 4:42 PM ET
Google is pressing Time Warner to either refund its $1 billion investment or
spin it out as a public company.

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Time Warner reports $16 billion loss; outlook weak
2/4/2009 4:05 PM ET
Time Warner posts a fourth-quarter loss of $16 billion after writing down the
value of intangible assets held by the company's cable operations, AOL and Time
Inc. Quarterly revenue slips 3%.

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Analyst praises Oracle as it keeps buying during downturn
2/4/2009 2:08 PM ET
Shares of Oracle Corp. rise, as a Citigroup analyst praises the software
giant's stock as a "safe haven" amid the souring economy.

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Analysts hope for more clarity on tech with Cisco results
2/4/2009 1:19 PM ET
Cisco Systems is expected to post an 8% sales decline when it releases its
second-quarter results after the bell Wednesday -- and to shine a bit of light
on what has become a murky view of the technology arena.

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EA shares jump on cost-cutting plans, outlook
2/4/2009 12:39 PM ET
Electronic Arts Inc. shares jump as investors cheer cost-cutting plans, which
include the layoffs of 1,100 workers, as well as the company's outlook for the
next fiscal year.

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AT&T may buy $3 billion worth of Verizon assets: report
2/4/2009 10:40 AM ET
AT&T is reported to be one of the top bidders for $3 billion of wireless
spectrum that archrival Verizon must sell to comply with federal regulators as
part of its recent acquisition of Alltel.

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PCCW shareholders OK going private; regulators probe vote
2/4/2009 10:34 AM ET
Minority shareholders in PCCW Ltd. vote to accept investors' plan to privatize
Hong Kong's top fixed-line telecommunications firm, as regulators reportedly
launched a probe into the deal.

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Shares of Rambus plunge on federal court decision
2/4/2009 10:09 AM ET
Shares of Rambus Inc. plunge more than 10% Wednesday morning after a federal
court suspends proceedings in the company's patent-infringement cases against
several chip makers.

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Alcatel-Lucent posts 3.89B euro loss as it takes hefty charge
2/4/2009 8:29 AM ET
Alcatel-Lucent SA, the world's largest maker of telecoms equipment, on
Wednesday says its fourth-quarter loss widened significantly as it wrote down
the value of assets by 3.9 billion euros ($ 5 billion), but a
better-than-expected underlying performance helps the shares.

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Economic Report: Layoff announcements surge to highest level in seven years
2/4/2009 8:03 AM ET
Major U.S. retailers slashed their payrolls in January, helping to push the
total number of corporate announced layoffs in the month to the most in seven
years, according to the latest monthly tally compiled by Challenger Gray &
Christmas.

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Israel Stocks: Israel stocks up; banks in view as UBS cuts Leumi
2/4/2009 7:09 AM ET
Israel stocks on Wednesday rose broadly and sharply for a second day, with
investors again focusing attention on the banks and driving them higher in the
face of some tough analyst remarks.

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Japan's Elpida may apply for public funds: reports
2/3/2009 10:33 PM ET
Japan's Elpida Memory Inc. is considering seeking public funds under a
government program designed to help non-financial companies during the global
economic crisis, according to media reports Tuesday.

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Electronic Arts to lay off 1,100 as net losses grow
2/3/2009 6:44 PM ET
Electronic Arts Inc. said Tuesday that net losses slid deeper in its third
fiscal quarter as video game sales for the crucial holiday period came in below
expectations.
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Cisco shares rise on upgrade
2/3/2009 5:08 PM ET
Shares of Cisco finish higher after an analyst upgrades the tech giant to a buy
rating, citing the company's ongoing bid to cut expenses in a time of slowing
demand.

Tuesday, February 3, 2009

Energy: Stocks in focus for Wednesday

Date: 3 FEB 2009 23:36:06 GMT

Among the companies whose shares are expected to see active trade in
Wednesday's session are Visa, Time Warner, Kraft, Pepsi and Sara Lee.

Tech: Cisco leads broad tech rise at market close

Date: Tue, 03 Feb 2009 18:00:27 -0500

Tech Stocks: Cisco leads broad tech rise at market close
2/3/2009 4:18 PM ET
Late gains from the likes of Cisco Systems leads the tech sector to
close with broad gains and offset some earlier losses that were fueled
by disappointment over the earnings report and outlook of flash-memory
maker SanDisk.

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Cisco shares rise on upgrade
2/3/2009 5:08 PM ET
Shares of Cisco finish higher after an analyst upgrades the tech giant
to a buy rating, citing the company's ongoing bid to cut expenses in a
time of slowing demand.

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Electronic Arts to lay off 1,100 as net losses grow
2/3/2009 4:49 PM ET
Electronic Arts Inc. said Tuesday that net losses slid deeper in its
third fiscal quarter as video game sales for the crucial holiday
period came in below expectations.

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SanDisk shares plunge on huge loss, weak outlook
2/3/2009 4:30 PM ET
Shares of SanDisk Corp. plunge by more than 20% after the chip maker
posts a huge fourth-quarter net loss and issues a
weaker-than-anticipated revenue outlook.

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Amazon Kindle a big seller in 2008, analysts say
2/3/2009 1:34 PM ET
Amazon.com has steadfastly refused to disclose details on the sales of
its popular e-book reader known as the Kindle, which hasn't stopped
Wall Street analysts from trying to pinpoint the number anyway.

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Europe Markets: European shares close higher, telecoms pace gains
2/3/2009 12:10 PM ET
European shares advance in a choppy session, with telecoms among the
best performers as investors welcome earnings from Vodafone Group.

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Motorola posts $3.6 billion loss, suspends dividend
2/3/2009 12:08 PM ET
Investors already know Motorola Inc. had a poor fourth quarter. What
they want to know Tuesday when Motorola reports full results is if the
company will suffer even more in the first few months of 2009 -- and
beyond.

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RealNetworks warns of big charges for fourth quarter
2/3/2009 11:19 AM ET
RealNetworks Inc. says it expects to take big charges in the fourth
quarter due to restructuring and the write-down of assets related to
past acquisitions.

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Vodafone lifts view as weak pound helps 14% sales rise
2/3/2009 10:53 AM ET
Vodafone Group posts a 14% increase in third-quarter sales, helped by
growth in India and positive currency trends, and raises its guidance
for the year to reflect the pound's decline.

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Israel Stocks: Market broadly higher; banks and technology in focus
2/3/2009 9:17 AM ET
Israeli shares snap three-session losing streak with a broad rise on
Tuesday, led by strength in Isramco, banks, the tech sector and real
estate.

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Indications: U.S. stock futures turn higher as Merck tops expectations
2/3/2009 9:09 AM ET
U.S. stock futures point to a mildly higher start after a few
companies, including drug maker Merck & Co. Inc. and homebuilder D.R.
Horton Inc. offer
earnings that topped market expectations.

Monday, February 2, 2009

Energy: Stocks in focus for Tuesday

Date: 2 FEB 2009 23:34:09 GMT

Among the companies whose shares are expected to see active trade in
Tuesday's session are Motorola, UPS, Yum Brands, Electronic Arts, and
Disney.

Tech: Chip gains give big boost to tech sector

Date: Mon, 02 Feb 2009 18:00:33 -0500

Tech Stocks: Chip gains give big boost to tech sector
2/2/2009 4:27 PM ET
After seesawing throughout the day, technology stocks come back to
life in latetrading with several chip companies leading the advance.
Nasdaq finishes up 1%.

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Google expands its scope to the oceans
2/2/2009 5:51 PM ET
Google Inc. broadens the scope of its mission to organize the world's
information to the oceans by releasing an expanded version of its
Google Earth map and imaging technology.

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SanDisk swings to big loss, hit by charges
2/2/2009 5:31 PM ET
SanDisk Corp. posts a huge fourth-quarter net loss, weighed down by
nearly $2 billion in one-time charges, weak consumer spending and
pricing pressures in the memory chip market.

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Sun tries to remain steady with business outlook
2/2/2009 4:55 PM ET
Less than a week after Sun Microsystems Inc. delivered
better-than-expected results for its second fiscal quarter, the
company told analysts that it remains upbeat about its long-term
outlook.

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Global chip sales make first yearly drop since 2001: group
2/2/2009 4:19 PM ET
Global chip sales fell 2.8% in 2008, the first year-over-year drop
since 2001 as falling consumer demand took its toll, an industry group
reports.

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Earnings Outlook: Motorola's wireless future in focus
2/2/2009 2:44 PM ET
Investors already know Motorola Inc. had a poor fourth quarter.What
they want to know Tuesday when Motorola reports full results is if the
company will suffer even more in the first few months of 2009 -- and
beyond.

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Applied Materials warns of weaker results
2/2/2009 1:13 PM ET
Applied Materials now sees a first-quarter loss as sales weaken more
than the chip-equipment manufacturer anticipated.

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Telecom Stocks: Verizon, Qualcomm rise; ADC plunges
2/2/2009 11:21 AM ET
Verizon Communications Inc. and Qualcomm Inc. lead the
telecommunications sector slightly higher even though the U.S. market
declined. ADC Telecommunications Inc. plunges after warning of weaker
results.

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Israel Stocks: Tel Aviv trades lower for third day; energy shares higher
2/2/2009 7:25 AM ET
The losing streak reaches three for Israeli stocks, although shares of
oil producer Isramco leaped by double digits.

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Israel Stocks: Market lower; Nortel cancels Alvarion venture
2/1/2009 12:42 PM ET
Israeli stocks fall for a second day, led by weakness at Bank Hapoalim
and in technology bellwethers Alvarion and VeriFone.

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Stocks to Watch: Stocks in focus for Monday
1/31/2009 12:01 AM ET
Among the companies whose shares are expected to see active trade in
Monday's session are Anadarko Petroleum Corp., Aflac Inc. and Humana
Inc.

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Google, others fret over digital TV 'translators'
1/30/2009 6:38 PM ET
Google Inc. and other technology giants have complained to the Federal
Communications Commission about its proposal to offer a new
replacement "translator" service for TV broadcasters meant to help
them shore up coverage following the digital transition in February.

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Corporate debt soars in January; Verizon on tap Friday
1/30/2009 5:40 PM ET
Companies brought a near record amount of debt to bond markets in
January, taking advantage of the thaw in investors' appetite for risk.

U.S. real consumer spending drops sixth time in seven months

Date: Mon, 02 Feb 2009 12:01:29 -0500
U.S. real consumer spending drops sixth time in seven months

As U.S. real consumer spending falls for the sixth time in seven
months, Americans' savings rate grows, December data compiled by the
Commerce Department show.

MATTEL TO SHRINK TOY LINES AFTER PROFIT FALLS 46%

Mattel's fourth-quarter profit falls 46%, as toy maker cites ongoing
economic slump. Shares tumble 15% in early trading.

ECONOMIC REPORT: ISM FACTORY INDEX BOUNCES OFF LOWS IN JAN.

The nation's manufacturing sector contracted again in January, but at
a less rapid pace than the prior two months, the Institute for Supply
Management reports.

GM SEEKS $7 BILLION IN TAX RELIEF FROM CONGRESS: REPORT

General Motors Corp. is struggling to avoid a $7 billion tax
associated with a U.S. Treasury Department plan to give much of the
troubled company's outstanding stock to debt holders, the United Auto
Workers union and the federal government, according to a published
report.

BRITISH SNOW STORM COULD BE TOUGH ON TEETERING FIRMS

London's transport system may not be the only victim of Britain's
biggest snow storm in 18 years, an economist said Monday.