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Tag Archives: markets

US stocks open higher on European stimulus speculation

NEW YORK — U.S. stocks rose in early trading on Thursday, boosted by a combination of positive economic news from the U.S. and expectations of stimulus from Europe’s central bank. The price of oil is also showing tentative signs of stabilizing. The market is bouncing back from a big slump in the first trading days of the year. KEEPING SCORE: ...

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Peanut producers feeling good about crop, market

ACROSS MISSISSIPPI — Mississippi peanut producers should have a wonderful feeling about the 2012 crop as almost everything is going their way, including buyers from Oklahoma. Mike Howell, state peanut specialist with the Mississippi State University Extension Service, said many of the factors favoring Mississippi’s crop this year, started last year. “The 2011 drought in Texas reduced the amount of ...

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World markets retreat on Wall Street uneasiness

LONDON (AP) — European stocks markets were dragged lower today by an expected retreat on Wall Street, at the start of a major week on the economic news front that may go a long way to determining investors’ views about the world economy going into the last quarter of the year. In Europe, the FTSE 100 index of leading British ...

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Entergy makes Dow Jones indexes again

NEW ORLEANS — The Dow Jones Sustainability Indexes has again named Entergy Corporation to its World Index and North America Index for 2010. According to Entergy, it was one of only five U.S. utility companies selected to the world index and one of only 10 utilities selected to the North America index. Entergy has been recognized by the DJSI North ...

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Stock futures rise on strength of Chinese economy

NEW YORK — Stock futures rose sharply today as investors gained confidence in the banking sector following the passage of new global regulations and China’s economy continued its robust growth. Global regulators agreed to reforms that could help avert another credit crisis that plagued financial markets worldwide in 2008. Banks will gradually have to increase their reserves to protect against ...

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Hitachi calls on Japanese government to tackle yen

TOKYO — The new president of Hitachi Ltd. urged the government to tackle the strong yen, which is squeezing business as he seeks to transform one of Japan’s biggest companies. Five months into the job, Hiroaki Nakanishi described the Japanese currency, which hit a fresh 15-year high of 83.32 yen to the dollar last week, as creating “big pressure” for ...

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BP shares gain on oil spill report

LONDON — Shares in BP PLC have extended gains after the release of an internal report on the disastrous oil spill in the Gulf of Mexico that deflects much of the blame onto contractor Transocean. The stock was up 2 percent at 414.95 pence ($6.41) shortly after the report was made public today. BP fulfils analysts’ expectations by taking some ...

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Stock futures edge up after yesterday's retreat

NEW YORK — Stock futures rose slightly today as investors tried to brush off fresh worries about the health of European banks. Major indexes had retreated yesterday after new questions surfaced about exactly how much potentially risky government debt European banks are holding. That snapped a strong four-day rally in the U.S. where investor optimism grew following reports on employment ...

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Stock futures fall as investors await reports

NEW YORK — Stock futures slipped today, a day after investors sent stocks surging to start the new month. The hesitancy to extend the market’s big gains came as investors prepare for key readings on the jobs market over the next two days. Retailers are also reporting monthly sales figures today, while data on factory orders and pending home sales ...

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Stock futures surge on good news from overseas

NEW YORK — Stock futures surged today after upbeat signs of growth in China and Australia alleviated worries about a global economic slowdown. Overseas markets rose sharply after reports showed the pace of growth in China’s manufacturing sector rose in August for the first time in four months and Australia economy grew by the fastest pace in three years during ...

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