- Staff
- 13 Apr, 2005
- New York City
This morning Commerce department reported that Feb goods and service trade deficit was $61.04 billion, 4.3% higher than January 2005 deficit. To put this in perspective, Feb 2004 and 2003 deficits were $45 and $40 billion. Surging oil prices and exports from all major trading countries played a role in driving the deficit higher.
- 11 Apr, 2005
- New York City
Metals rise, oil falls, Apple and IBM fall on earnings concern
- 11 Apr, 2005
- New York City
Microsoft shares gained 16 cents after the company agreed to pay Gateway $150 million to resolve antitrust claims.
- 11 Apr, 2005
- New York City
European and Asian markets were down Monday on losses for carmakers, semiconductor and computer stocks.
- 08 Apr, 2005
- New York City
May crude oil futures closed down to $53.32 down 79 cents for the day after reaching peak of $58.28 on Monday this week. Trades perception of better gasoline inventory levels and higher supply pledge appears to have pushed the crude prices down for now.
- 08 Apr, 2005
- New York City
Stocks moved higher Friday morning as oil prices dropped for a fifth straight day.
- 08 Apr, 2005
- New York City
Indexes across Europe and Asia rose after the U.S. rally overnight and a drop in crude oil prices. Fed chief is expected to speak on consumer finance later in the day.
- 07 Apr, 2005
- New York City
Investors are cautious despite a decrease in weekly jobless claims. Attention is focused on retailers and company earnings news.
- 07 Apr, 2005
- New York City
European and Asian markets were mixed Thursday. In the U.S. investors shift attention to company news as earnings season began. Dell and retailers guide positive show.
- 06 Apr, 2005
- New York City
Siebel Systems, a provider of business software, guides lower earnings on delayed customer offers. Intervoice jumps 8.4% on improved fourth quarter and fiscal 2005 earnings.
- 06 Apr, 2005
- New York City
Market averages continue its upward trends as oil trades below $56.The broad rally is also getting support among semiconductor stocks.This morning Merrill Lynch upgraded several semiconductor stocks.
- 06 Apr, 2005
- New York City
Crude oil prices traded up and down all day. Department of Energy reported that supply rose 2.4 million barrel latest week and stood at 317 million barrels and gasoline inventories fell 2.1 million barrel to 212.3 million barrels.
- 05 Apr, 2005
- New York City
Team Inc., an Alvin, Texas-based provider of specialty industrial services, said it expects earnings in the third quarter of 2004 to rise 30 percent due to overall business expansion.
- 05 Apr, 2005
- New York City
Market averages opened higher on the back of lower oil prices in European trading. The EU commission lowered its economic growth forecast keeping in view the higher energy cost across the region.