Fullermoney.com’s Eoin Treacy thinks a new bull market is underway, but over the next few months, the major indexes could correct back to their 200-day moving averages. (Nov. 1)
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11/23/09 Higher-yielding currencies were favored to start the week on growing speculation that the ECB will soon eliminate its stimulus measures while the US will likely maintain its measures.
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BJ Services (BJS) posted a fourth quarter loss of $9.95 million, or 3 cents per share, as compared to net income of $168 million, or 57 cents per share, in the same quarter last year. The company said its operating loss totaled a penny per share.
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Meat producer Tyson Foods (TSN) announced that it lost money in its fourth fiscal quarter. The Springdale, Arkansas-based company said it lost $455 million, or $1.22 per share, versus a profit of $48 million, or 13 cents per share, in the same quarter last year.
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October existing home sales beat economist expectations, rising more than 10 percent to a seasonally adjusted annual rate of 6.1 million. The National Association of Realtors said much of the surge was due to first time homebuyers taking advantage of the tax credit that had been due to ...
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Stocks are bouncing back in early going after last week’s losses. Investors will look toward the latest report from the housing market today for further signs of stabilization. The President of the St. Louis Federal Reserve Bank says the central bank should continue buying mortgage-back...
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Sales of existing homes jumped in October, the prices of commercial real estate have further to fall, and Citigroup upgrades D.R. Horton from hold to sell, with CNBC’s Diana Olick.
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Campbell’s Soup reported a 20 percent jump in first quarter profit, beating estimates. A cut in expenses offset a slight decline in sales. The soup maker also raised its full-year guidance on the results.
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Surging commodities and strong housing data are powering the markets today. But is this market rally sustainable, and where should you invest now, with Stephen Wood, Russell Investments chief market strategist; Peter Boockvar, Miller Tabak equity analyst; and CNBC’s Trish Regan.
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