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Tag Archives: stocks

MID-DAY REPORT — US stocks move higher in afternoon trading

U.S. stocks bounced higher in afternoon trading Monday, moving past any concerns that the terrorist attacks in Paris could spell trouble for the global economy. European markets shook off an early loss and ended mixed. Investors bid up shares in telecommunications companies and defense contractors. Travel-related stocks were down. KEEPING SCORE: The Dow Jones industrial average rose 133 points, or ...

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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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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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