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Tag Archives: stocks

Global stocks edge lower as investors await US jobs report

LONDON — Global stocks edged lower on Friday ahead of a monthly U.S. employment report that will confirm whether the country remains a bright spot in an otherwise languishing world economy. KEEPING SCORE: France’s CAC 40 was down 0.7 percent at 4,231.41 and Germany’s DAX shed 0.6 percent to 9,781.03. Britain’s FTSE 100 lost 0.5 percent to 6,535.81. U.S. shares ...

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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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Dow plunges as oil dips below $50, sinking energy stocks

NEW YORK — US stocks fell sharply Monday, led by declines in energy stocks as the price of oil plunged again. The euro sank to a nine-year low against the dollar as new doubts surfaced about Greece’s future in the common currency bloc. KEEPING SCORE: The Standard & Poor’s 500 index dropped 33 points, or 1.7 percent, to 2,024 as ...

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Stocks move higher as US job market improves

NEW YORK — Stocks moved higher in midday trading Thursday after the government reported that the number of people filing for unemployment benefits fell last week to the lowest level in three months. Staples plunged 15 percent after the company said it was closing 10 percent of its stores as more people shop online. KEEPING SCORE: The Standard & Poor’s ...

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Stocks rally after Fed allays stimulus fears

NEW YORK — Stocks broke through record highs in early trading Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is in no hurry to stop supporting the economy. Bernanke said the U.S. economy still needed help because unemployment remains high and inflation is below the Fed’s target. The Fed is currently buying $85 billion a month in bonds ...

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Dallas company looking to purchase Seventh Knight via stock swap

VICKSBURG — Fusion-Q of Dallas, Texas, has made a tender offer to acquire the shares of Seventh Knight Inc. Under the terms, Fusion-Q has tendered an offer to acquire Seventh Knight with Fusion-Q preferred stock in exchange for the 9,674,403 shares of common stock outstanding stock of Seventh Knight. Thereafter, each Fusion-Q preferred share would be convertible into one share ...

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BancorpSouth commences $100M public offering

TUPELO — BancorpSouth Inc. has commenced an underwritten public offering of $100 million of its common stock. The company said it intends to grant the underwriters a 30-day option to purchase up to an additional 15 percent of common shares sold pursuant to this transaction. All of the shares are being offered by the Tupelo-based financial institution. BancorpSouth said it ...

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Sanderson registers with SEC, but does not plan to offer shares

LAUREL — Sanderson Farms Inc. has filed a Form S-3 shelf Registration Statement with the Securities and Exchange Commission (SEC) to register for possible future sale shares of the company’s common and/or preferred stock at an aggregate offering price not to exceed $1 billion. The stock may be offered by the poultry company in amounts, at prices and on terms ...

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Update: Stocks waver as optimism about job report fades

UPDATE ….. Stocks are moving between small gains and losses Friday, giving up an early rally after the government reported that hiring picked up in July. European leaders are calling emergency meetings and seeking to reassure markets that a large nation such as Italy or Spain won’t become the latest country in the region to need a financial backstop. A ...

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