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CorporateDealsEarningsLiftStocks
From: RTTNews.com on Tue, May 10 2011 7:10 PM
The market got a lift from corporate deals and strong earnings today. US import prices rose for the 7th straight month in April according to the Labor Department. Wholesalers stocked up in March. Microsoft announced its largest acquisition to date by saying it will buy Skype for 8 and ha...
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ObamaPushesImmigrationReformJapanScrapsNuclearEnergy
From: RTTNews.com on Tue, May 10 2011 7:10 PM
President Obama traveled to Texas on Tuesday, telling a largely Latino audience he’ll push Congress again to reform America's immigration laws. Overseas, Japan's Prime Minister Kan said his country would scrap plans for new nuclear plants and develop a new energy policy. In Egypt, form...
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RallyContinuesOnWallStreet
From: RTTNews.com on Tue, May 10 2011 2:04 PM
The rally continues on Wall Street today after both import and export prices rose in April. Microsoft is close to closing a deal to buy eBay’s Internet phone unit Skype for about $8.5 billion. Community Health Systems has withdrawn its offer to acquire all outstanding shares of Tenet Healthcare. ...
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ArnoldSchwarzeneggerMariaShriverSplit
From: RTTNews.com on Tue, May 10 2011 2:04 PM
Arnold Schwarzenegger and Maria Shriver are splitting up after 25-years of marriage. Bristol Palin has landed her own reality show. "Godfather" alum Al Pacino is joining another mob family. Pacino has been cast to star in "Gotti: Three Generations" alongside John Travolta. And Prince William and ...
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ImportExportDataWholesaleTradeNumbersComingTuesday
From: RTTNews.com on Tue, May 10 2011 5:38 AM
Dean Foods and International Flavors & Fragrances are expected to report before the opening bell. The export and import prices report is coming at 8:30 a.m. ET. Wholesale inventories data is coming at 10 a.m. ET. Richmond Federal Reserve Bank President Jeffrey Lacker will talk on the economic out...
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LightCalendarAwaitsTradersMonday
From: RTTNews.com on Mon, May 09 2011 5:00 AM
Quicksilver Resources and Silver Wheaton are on the earnings docket before the open. Activision Blizzard, Blackboard, Eagle Bulk Shipping and Globecomm Systems are expected to report after the close. There’s no major economic data expected on Monday, leaving traders to peek ahead at the rest of ...
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GovernmentsMonthlyJobsReportExpected
From: RTTNews.com on Fri, May 06 2011 6:40 AM
Pepco Holdings, Washington Post and Constellation Energy Group are on the earnings docket before the start of trading. The government’s big jobs report is expected at 8:30 am ET. And a consumer credit report is expected at 3 p.m. ET.
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MarketPlummetsOnJobWoesThursday
From: RTTNews.com on Thu, May 05 2011 6:46 PM
Job worries took hold of the market today after a report from the government proved disappointing. According to the Labor Department, those applying for first time unemployment help surged last week. A late Easter helped retailers beat sales expectations in April. Meanwhile, business productivit...
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RiftGrowsBetweenPakistanUSOverBinLaden
From: RTTNews.com on Wed, May 04 2011 5:23 PM
A rift is growing between Pakistan and the United States after Osama Bin Laden was found living in a $1 million mansion in the country. Meanwhile U.S. officials are debating whether or not to release the photos of Bin Laden’s body. In Washington, lawmakers continue to work tirelessly on...
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ObamaAGoodDayForAmerica
From: RTTNews.com on Mon, May 02 2011 6:04 PM
President Obama called Monday, the day following a successful mission to kill al Qaeda leader Osama bin Laden, a "good day for America." Bi-partisan praise for the special-ops mission rolled in, while spontaneous crowds gathered at Ground Zero in New York and outside the White House to mark bin ...
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DowNasdaqSeeBestMonthSinceDecember
From: RTTNews.com on Fri, Apr 29 2011 5:49 PM
Stocks closed the final trading day of the month solidly in the green. April marked the best month for the Dow & Nasdaq since December. Consumer confidence defied the odds in April. In corporate news, Apple is pulling ahead, and its competitors are struggling to keep course. We’ve now hit the ha...
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StocksSearchForDirectionAtStartFriday
From: RTTNews.com on Fri, Apr 29 2011 2:59 PM
We’re seeing little movement at the start of the final trading day of the month. People made more and spent more in March. Microsoft reported earnings lower than that of Apple for the first time after the bell Thursday. Another victim of Apple’s supremacy is Research in Motion. The Blac...
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RyanSupportsCuttingTaxBreaksObamaAssessesDamageInAlabama
From: RTTNews.com on Fri, Apr 29 2011 2:59 PM
House Budget Committee Chairman Paul Ryan now supports cutting tax breaks for the oil industry---making him the second major Republican willing to compromise. Now that president Obama’s security team is in place, the new group has many tough decisions to make. President Obama will travel to Alab...
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PendingHomeSalesSoarInMarchJoblessClaimsFallTo3MonthLow
From: RTTNews.com on Thu, Apr 28 2011 2:45 PM
Pending home sales soared 5.1% in March. The economy continued to expand in the first quarter, although at a slower rate than most economists had predicted. The number of people filing for first time unemployment help unexpectedly jumped to a 3-month high last week. Meanwhile, a number ...
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TradersPutOnTheBrakesMidday
From: RTTNews.com on Thu, Apr 28 2011 2:45 PM
Traders are putting on the brakes midday, unsure what to do about a handful of mixed economic reports. More people signed contracts to buy a home in March. Meanwhile, gross domestic product—or the market value of all goods and services produced—pulled back in March. Additionally, initial jobless...
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KatieHolmesSettlesLawsuitOverDrugClaims
From: RTTNews.com on Thu, Apr 28 2011 2:45 PM
Katie Holmes has settled her defamation lawsuit against Star magazine. Jane Lynch has been cast in the new “Three Stooges” remake. Kate Hudson is engaged. In other news, Paris Hilton and boyfriend Cy Waits were attacked outside of a Los Angeles courthouse Wednesday.
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MarketClimbsOnFedNewsWednesday
From: RTTNews.com on Wed, Apr 27 2011 6:48 PM
The stock market added to its gains after Fed Chairman Ben Bernanke said the bond buying program will end in June. Bernanke also made history by holding the first ever Fed post-rate decision news conference. The Central Bank also announced it will keep interest rates low for an “extended period o...
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BernankeMeetsThePressInHistoricNewsConference
From: RTTNews.com on Wed, Apr 27 2011 6:48 PM
Federal Reserve Chairman Ben Bernanke Wednesday became the first Fed chief to conduct a general news conference on central bank policy. Bernanke. Bernanke said Q2 GDP was expected to be weak, and that an improving US economy would return strength to the dollar. Elsewhere, the White Hou...
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FedSpeakRevivesTradingMidday
From: RTTNews.com on Wed, Apr 27 2011 4:31 PM
The latest word from the Fed is helping revive Wall Street midday. The Federal Open Market Committee decided to keep interest rates at record lows and said it also plans to keep the stimulus plan. During goods orders rose 2.5% in March. Citigroup plans to hire 500 more bankers and traders over th...
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StocksInTightRangeWednesdayAheadOfBernankePressConference
From: RTTNews.com on Wed, Apr 27 2011 1:57 PM
Stocks are trading in a tight range Wednesday ahead of Fed Chairman Ben Bernanke’s press conference later this afternoon. Orders for big ticket manufactured goods jumped in March. Applications for home mortgages slipped last week. Amazon.com posted a larger than expected 33% drop in profit. &...
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