New York Telegraph
NewYorkTelegraph.com Saturday 4th September 2010 Issue 2010/247
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Wall Street continues upward trendWall Street continues upward trend
The Dow Jones rose more than 100 points Friday, the third day of gains for the key...


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Stocks to Watch: Stocks in focus Tuesday: Casey's, Flow Int'l
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Tuesday's session are Casey's General Stores Inc., Phillips-Van Heusen Corp., and Flow...
Market Snapshot: Short week to have some economic impact
SAN FRANCISCO (MarketWatch) -- Investors will likely focus on consumer credit and jobs in the holiday-shortened week ahead. Better-than expected unemployment figures Friday helped boost the Dow...
Wall Street surges after better-than-expected jobs report
NEW YORK - Wall Street stocks soared on Friday as a much anticipated jobs report boosted hopes that the U.S. economic recovery was on the right track.The Dow Jones Industrial Average jumped 86.66...
Pre-election, hope blossoms again on Wall Street
Predicting the U.S. stock market's direction over the next two months may be a simple exercise: Just watch how Republican candidates for the House and Senate are faring in the polls.At least, much of...
Exelixis Reports Inducement Grants Under Nasdaq Listing Rule 5635
SOUTH SAN FRANCISCO, Calif. - (Business Wire) Exelixis, Inc. (Nasdaq:EXEL) announced that today it granted restricted stock units representing an aggregate of 25,200 shares of Exelixis common stock...
US stocks rally as jobs data spurs optimism
NEW YORK: Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back...
Wall Street ends week with hope
On Saturday 4 September 2010, 11:48 Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new...
US stocks surge, investors upbeat over unemployment report
jobs than expected.Private employers added 67,000 jobs last month, according to Labour Department statistics. It was the first increase in the unemployment rate in months, reflecting the fact that...
Japan’s Bonds Fall Most Since May 2008 on Ozawa Leadership Bid
Sept. 4 (Bloomberg) -- Japanese bonds completed the biggest weekly loss since May 2008 on concern a government led by Ichiro Ozawa will boost debt-fueled spending and as economic reports encouraged...
Mark Dampier: Double dip or not, buy bonds and blue chips
This week I thought I would depart from the usual fund review and look at the wider economic picture and its implications for markets. Since the start of August concerns about a double-dip recession...
US stocks soar after employment data
US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right...
Wall Street Media Presents Todd Sullivan: We’re in a Bond Bubble
NEW YORK - (Business Wire) Wall Street Media presents exclusive video with Todd Sullivan of http://ValuePlays.net with thoughts on why we will not see a double-dip recession because all of the major...
After Hours: Take-Two shares move lower in late trade
LOS ANGELES (MarketWatch) -- Shares of Take-Two Interactive Software Inc. lost ground late Friday, giving back a portion of their regular-session gains after the videogame publisher swung to a...
Campbell Soup profit beats Wall Street but sales still light
Campbell Soup Co posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year would be below its long-term target as the world's largest soup company grapples with a...
US stocks rise after payrolls data
Wall Street advanced on Friday after a better-than-expected jobs report lifted investor optimism on the economy but gains were checked after data showed services sector activity slowed. Wall Street...
CURRENCIES: Dollar Gains Vs. Euro Ahead Of ECB, Slips Vs. Yen
The euro edged down against the dollar in Asian trading Thursday ahead of the European Central Bank meeting later in the session. The bank will announce its interest-rate decision...
CURRENCIES: Dollar Pares Gains Vs Yen After ISM Services Data
The dollar pared gains against the Japanese yen and extended losses against the euro Friday, with stronger levels for the greenback reduced after a report of slowing in the U.S. services sector...
Goldman to shutter principal strategies unit
NEW YORK (MarketWatch) -- Goldman Sachs & Co. has decided to shutter its principal strategies unit, which does its proprietary trading, in the wake of financial-overhaul regulation passed by...
Energy Stocks: BP, Mariner Energy rise with energy stocks
NEW YORK (MarketWatch) -- Energy stocks rose Friday on the heels of the monthly U.S. jobs report, while BP shares shrugged off the oil giant's disclosure that costs associated with the Deepwater...
Stocks Surge, Treasuries, Dollar Retreat on Employment Report
Sept. 3 (Bloomberg) -- Stocks rallied, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and the dollar fell as better-than-estimated growth...
US EQUITIES WEEK AHEAD: Market Awaits Trade Data; Labor Day
High unemployment, worries about the housing market and broader economic concerns continue to pressure the sector's ability to convince consumers to open their wallets. Meanwhile, U.S. trade data...
US stocks extend September rally after jobs report
Stocks are on pace to break a three-week losing streak after an encouraging employment report lifted hopes about the pace of economic growth. The Dow Jones industrial average added about 72 points...
Canadian Markets: Canada market buoyed by financials, industrials
SAN FRANCISCO (MarketWatch) -- The Canadian market held onto slight gains Friday, buoyed by advances in the financial and industrial sectors as oil and gold prices fell. The S&P/TSX...
Airline Stocks: Airline stocks climb, set for 7% weekly gain
NEW YORK (MarketWatch) -- Airline stocks edged higher Friday, poised to end the week in positive territory after August traffic reports and a clump of economic data directed market anxiety away from...
Wall St. exec weeds for the poor
John Malafronte was a Wall Street exec who retired to the glitzy Hamptons He started a plot in a community garden to keep active He donated the vegetables to food pantries in need With two other men,...
Treasuries Fall, Yield Curve Steepens After Payrolls Report
Sept. 3 (Bloomberg) -- Treasuries dropped after the government’s payrolls report showed U.S. companies added more jobs in August than economists forecast, easing concern that the recovery is...
Stocks Advance, Treasuries, Dollar Retreat on Employment Report
Sept. 3 (Bloomberg) -- Stocks advanced, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and the dollar fell as better-than-estimated growth...
Jobs Numbers Should Fuel Debate Over Stimulus
WASHINGTON -(Dow Jones)- Friday's disappointing jobs numbers will lend credence to claims by President Barack Obama that more needs to be done to bolster the U.S....
Campbell Q4 Net Up 64%, U.S. Soup Sales Down
By Anjali Cordeiro and Tess Stynes Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Campbell Soup Co.'s (CPB) fiscal fourth-quarter profit rose 64% as the company cut costs, but its U.S. soup...
Fitch Ratings Raises Latvia's Outlook to Stable
LONDON -(Dow Jones)- Fitch Ratings revised up its outlook on Latvia to stable from negative as the government's substantial fiscal consolidation measures look set to continue regardless of the...
What Recession? Mercedes-Benz Sales Up 19%
FRANKFURT -(Dow Jones)- German vehicle maker Daimler AG (DAI.XE) Friday reported a 19% year-on-year increase in global car sales in Mercedes-Benz Cars for...
CURRENCIES: Dollar Weakens Ahead Of U.S. Jobs Data
The U.S. dollar was slightly lower versus most major rivals Friday as investors awaited the release of U.S. nonfarm payrolls data for...
Futures Movers: Oil retreats, set for weekly loss of 2%
SAN FRANCISCO (MarketWatch) -- Better-than-expected news on the all-important job front was not enough to lift crude-oil futures on Friday. Crude for October delivery lost $1.46, or 1.9%, to...
Market Snapshot: Stocks trim early gains after weak service data
NEW YORK (Dow Jones) -- U.S. stocks rose Friday as a moderation in the pace of job losses encouraged investors, putting the market on track to snap a three-week losing streak. The Dow Jones...
Take-Two shares jump as profitability returns
SAN FRANCISCO (MarketWatch) -- Shares of Take-Two Interactive Software Inc. jumped Friday morning after the video game publisher reported surprise earnings for the July quarter and predicted its...
Earnings Watch: Updates, advisories and surprises
+9.38% ) reported surprise earnings for the third fiscal quarter and raised its forecast for the current period, citing strong sales of "Red Dead Redemption." The company now predicts it will earn...
Tech Stocks: Take-Two gains highlight tech sector's advance
SAN FRANCISCO (MarketWatch) -- Tech stocks took to the high ground Friday, rising along with the broad market as investors were in a positive mood following a better-than-expected nonfarm payrolls...
Financial Stocks: Financials rally on relief over August jobs report
BOSTON (MarketWatch) -- The U.S. financial sector was set to end its solid week on a high note Friday as better-than-expected data fueled hopes the economic recovery isn't being derailed. The...
Retail Stocks: Retail stocks cheered by jobs numbers; Ulta jumps
NEW YORK (MarketWatch) -- Retail stocks rose on Friday as investors reacted bullishly to data showing the U.S. economy shed fewer jobs than expected in August while private-sector payrolls expanded...
Stocks Advance, Treasuries, Gold Retreat on Employment Report
Sept. 3 (Bloomberg) -- Stocks advanced, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and gold tumbled as better-than-estimated growth in...
Fitch Releases Report on Albuquerque Academy, NM 2010 General Revenue Bonds
NEW YORK - (Business Wire) Fitch Ratings has published a report on Albuquerque Academy, NM 2010 General Revenue Bonds. The report is available at 'www.fitchratings.com'. Additional information is...
US stocks extend Sept rally after jobs report
NEW YORK: US stocks extended their rally on Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic growth. The Dow Jones industrial average...
Upbeat Jobs Report Giving Wall Street Hope
2010 Celebrity Deaths Stocks are set to extend their rally Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic...
Wall Street surges after jobs report
On Saturday 4 September 2010, 0:51 Wall Street stocks soared on Friday as a much anticipated jobs report boosted hopes that the US economic recovery is on the right track.The Dow Jones Industrial...
US stocks extend rally after jobs report
On Friday 3 September 2010, 23:53 EST US stocks extended their rally on Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic growth.The Dow Jones...