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MajorsAddToMorningRally
From: RTTNews.com on Tue, Jun 21 2011 3:26 PM
The majors are adding to their morning rally, with the Dow posting triple digit gains. Existing home sales crumbled in May, falling 3.8 percent. A 19-year-old from London has been arrested for the Sony attack. Walgreens offered a mixed bag of reports this morning. And Toyota says it will cut cos...
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ExistingHomeSalesFall38InMayGreekGovtFacesConfidenceVote
From: RTTNews.com on Tue, Jun 21 2011 1:35 PM
Sales of existing homes fell a less than expected 3.8% in May. The new Greek government faces a vote of confidence this evening. On the corporate front, Nokia has unveiled a new smartphone. Meanwhile, negotiations between Walgreen and pharmacy benefits manager Express Scripts have failed. Additi...
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StocksExtendWinStreakTuesday
From: RTTNews.com on Tue, Jun 21 2011 12:33 PM
Stocks are poised for their fourth straight day of gains Tuesday. The FOMC beings a two day meeting today. Greek officials will cast a government confidence vote at 5pm ET. In corporate news, Walgreen posted a 30% jump in profit. Nokia has unveiled a new smartphone. Additionally, the company exp...
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GreekLoanDelayHitsStocksMonday
From: RTTNews.com on Mon, Jun 20 2011 12:05 PM
Stocks are falling at the start of trade, weighed down by Europe’s decision to delay its loan to Greece. Orders continue to fly-in at Boeing.General Electric has reached tentative agreements on new labor contracts with national leaders of its two largest unions.Reports suggest that PNC Financial...
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MonroeDressSellsFor46M
From: RTTNews.com on Mon, Jun 20 2011 12:05 PM
Marilyn Monroe’s famous white dress sold for $4.6 million at a weekend auction of Hollywood customers. Evangaline Lilly is the latest star to join the cast of the “Hobbit”. The reason why Megan Fox was fired from “Transformers” has finally been revealed. And Khloe Kardashian threw an eng...
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EUIMFWithoutGreekBailoutPackage
From: RTTNews.com on Mon, Jun 20 2011 12:05 PM
The EU and IMF say it will withhold its bailout package for Greece until the country approves stricter austerity measures. President Obama’s opinion on gay marriage is “evolving”. Obama headed to the gold course with House Speaker John Boehner yesterday. And Ron Paul won the Republican Leadership...
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TradersLookAheadToBusyWeek
From: RTTNews.com on Mon, Jun 20 2011 5:24 AM
Monday is light on the economic and earnings front, so let’s take a look at what's up later this week. On Tuesday, existing homes sales data will be revealed. The Federal Reserve's interest rate decision will headline Wednesday's calendar and FedEx and Paychex will report earnings...
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MarketShrugsOffQuadrupleWitching
From: RTTNews.com on Fri, Jun 17 2011 5:11 PM
Today’s Quadruple Witching Friday failed to shake up the market as expected. The Conference Board’s leading indicators report showed a 0.8 percent jump in May. Recent economic reports dampened consumer sentiment this month. According to the Labor Department, the unemployment rate climbed in 13 s...
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DowUpNasdaqFallsOnRIM
From: RTTNews.com on Fri, Jun 17 2011 2:47 PM
Wall Street is mixed midday as the Dow and S&P post gains on Greece optimism. A private research group forecasts that the economy will grow modestly over the next few months. The recent string of depressing economic reports spoiled consumer sentiment this month. BJ’s has received a buyou...
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EconomicWoesTakeBiteOutOfConsumerSentimentInJune
From: RTTNews.com on Fri, Jun 17 2011 2:47 PM
The consumer became more pessimistic in June as concerns about the economy ate into sentiment. In more upbeat news, the Conference Board’s leading indicators report showed an 0.8% jump in May. Research in Motion posted a 9.5% percent drop in profit, struggling to withstand intense competition fr...
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039HarryPotterAndTheDeathlyHallowsPartTwo039FinalTrailerReleased
From: RTTNews.com on Fri, Jun 17 2011 2:47 PM
Just weeks before the much anticipated release of “Harry Potter and The Deathly Hallows Part Two,” the final trailer has been release. Jesse James and Kat Von D will be married on their one-year anniversary this summer. Former Congressman Anthony Weiner has been offered a guest role on "Entourage...
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FearsCalmedStocksHigherFriday
From: RTTNews.com on Fri, Jun 17 2011 11:43 AM
Fears have calmed as a Greek bailout looks to be on tap sooner rather than later. It is a quadruple witching Friday. Germany and France stand united in favoring a new bailout package for Greece. RIM posted a 9.5% drop in profit and cut its outlook. Capital One will buy ING’s online bank...
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GroupTakesResponsibilityForHackerAttacks9thDistrictUpInAir
From: RTTNews.com on Fri, Jun 17 2011 11:43 AM
Hacker group Lulz Security says it broke into the C-I-A website this week. Now that New York Congressman Anthony Weiner is out people are questioning the future of his district. “Just make it official”---that from Senate lawmakers who have begun to weigh in on the recent Libya controversy. And we...
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MarketRecoversFromGreekCrisisThursday
From: RTTNews.com on Thu, Jun 16 2011 5:45 PM
The market partially recovered after an afternoon dip in the red. The Greek government is trying to reinvent itself after rioters took over the streets of Athens this week to protest new spending cuts. New home construction made a surprise gain in May. The number of people filing for fir...
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WeinerToResignGreecePMReshufflesGovernment
From: RTTNews.com on Thu, Jun 16 2011 11:22 AM
New York Congressman Anthony Weiner is about to hand in his resignation letter today. The Prime Minister of Greece is fighting to save his country from default. Al Qaeda reportedly has a new leader. A handful of House members are suing president Obama over the US’s involvement in Libya. ...
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StocksTakeADiveOnFreshGreekWorries
From: RTTNews.com on Wed, Jun 15 2011 5:29 PM
The market was already doing poorly today before fresh Greek troubles sent it plummeting further. The Greek debt situation turned violent today as protestors took to the street. This news sent the Euro plummeting on fears that the lack of a deal could have a disastrous effect on European banks.&#...
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MortgageAppsSurgeTo3MonthHighHomebuilderConfidenceWanesInJune
From: RTTNews.com on Wed, Jun 15 2011 1:59 PM
US mortgage applications surged to a 3-month high last week as a jump in refinance activity buoyed results. This as homebuilder confidence plunged in June. Industrial production edged higher last month, according to the Federal Reserve. And despite a drop in energy prices, consumer prices increa...
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BernankeIssuesSternWarningOnDebtCeilingDeficit
From: RTTNews.com on Tue, Jun 14 2011 6:14 PM
Federal Reserve Chairman Ben Bernanke warned a budget policy meeting Tuesday that failure to raise the federal debt ceiling would bring devastating economic effect, and that lowering the federal deficit is imperative. Elsewhere, former Utah Governor Jon Huntsman prepared to announce his Republic...
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TradersLookAheadMonday
From: RTTNews.com on Mon, Jun 13 2011 5:40 AM
Richmond Federal Reserve Bank President Jeffrey Lacker will give a speech on manufacturing in the new southern economy in Roanoke, Virginia at 9 a.m. ET. Casey’s General leads a light earnings calendar after the closing bell. Best Buy, Pier 1 Imports and Research In Motion are expected to report...
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MTVCancelsSkins
From: RTTNews.com on Fri, Jun 10 2011 12:10 PM
MTV has cancelled its controversial program “Skins.” The Stage Directors and Choreographers Society says “Spiderman” owes former director Julie Taymor $300,000. Actress Estella Warren has been formally charged with DUI and assault following her bizarre May 23rd arrest. Meanwhile, reports have su...
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