By Ellis Mnyandu NEW YORK (Reuters) - Stocks tumbled on Thursday, driving the S&P 500 down to its third-straight weekly loss, as a steeper-than-expected slide in June non-farm payrolls revived caution about economic recovery prospects. News that U.S. employers shed nearly half a million jobs las [...]
Three Illinois lenders become the 46th, 47th and 48th bank failures of 2009as the U.S. banking system remains under pressure.
[...]
Pride International (PDE: NYSE) By Jesup & Lamont ($25.09, July 2, 2009) PRIDE INTERNATIONAL (TICKER: PDE) released a fleet status last night, which leads our 2009 earnings-per-share estimates higher, while our 2010 estimates remain the same. The fleet status moved certain rig downtime out, whi [...]
By Edward Krudy NEW YORK (Reuters) - Stocks fell sharply on Thursday after payrolls data showed more Americans than expected lost their jobs in June, dimming hopes of a quick economic recovery. U.S. employers cut 467,000 jobs in June, far more than the 363,000 forecast by a Reuters survey, while the [...]
The Obama administration announced a crackdown Wednesday on hundreds of companies suspected of employing illegal immigrants, signaling a shift in strategy: going after employers instead of workers. View Full Image Reuters American Apparel owner Dov Charney speaks in favor of immigrant rights [...]
U.S. stock market futures extended earlier losses Thursday after the government reported a bigger-than-expected decline in nonfarm payrolls.
[...]
With more Americans putting their money away in savings accounts, it seems like a fitting time to remember that you don’t have to spend a lot to honor your country – even while on vacation.Many hotels near patriotic sites have rolled back their prices to draw out tourists who migh [...]
By Kevin Plumberg HONG KONG (Reuters) - Stocks in Hong Kong and Taiwan rose on Thursday, bolstered by bets China’s recovery will continue, while the U.S. dollar recovered from a three-week low against the euro ahead of the latest U.S. labor market report. Major European stock futures were down [...]
Tables: Buyers | Sellers ORACLE’S (TICKER: ORCL) earnings release late last month left plenty of investors giddy. But an executive at the firm apparently wasn’t feeling the mojo: He sold nearly $13 million in shares of the business-software company. Juergen Rottler, the executive vice [...]
Australia’s seasonally adjusted trade deficit widens by nearly double in May, with the larger-than-expected gap marking the latest hit to the nation’s struggling economy.
[...]
