Market Gawk

United States Market and Economy

April 30th, 2007

Bonds gain after inflation report

Bond prices jumped Monday morning after the release of a better-than-expected personal income report, which also showed an improved inflation reading.

Original post by FeedZilla

April 30th, 2007

Stocks Trade Mixed on Economic News

Personal income rose, while the PCE price readings were relatively tame. Construction spending rose, and the Chicago PMI pulled back

Original post by FeedZilla

April 30th, 2007

Slim Gets None In Telecom Italia Battle

Mexican billionaire misses out on deal to expand in Latin America as Rome keeps phone owners close to home.

Original post by FeedZilla

April 30th, 2007

RadioShack (RSH) Reports Strong Earnings, Bristol-Myers Squibb (BMY) Upgraded

Futures are slightly lower this morning, indicating a potential weak start to the session as investors anxiously await the release of a number of important economic reports this week…(Read More)

Original post by FeedZilla

April 30th, 2007

Wm. Wrigley Jr. 1Q Profit Up 28 Percent (AP)

Gum and candy maker The Wm. Wrigley Jr. Co. on Monday said first-quarter net income rose 28 percent, helped by international sales.

Original post by FeedZilla

April 30th, 2007

Examining the Rising Skepticism Among Investors as the Dow Jones Industrial Average (DJIA) Break Above 13,000

Last week, there was no celebrating. There were no cheers or 20-point font headlines exclaiming the news that the Dow had busted through the 13,000 level for the first time ever…(Read More)

Original post by FeedZilla

April 30th, 2007

Verizon Communications (VZ) Announces First-Quarter Earnings, Beating Expectations

Verizon Communications (VZ) strolled into the earnings spotlight this morning to reveal that its first-quarter profit came in at %241.5 billion, or 51 cents per share, which is down from its year-ago earnings of %241.63 billion, or 56 cents per share.The telecommunications firm stated that the latest results include an extraordinary loss of %24131 million, or a nickel per share, related to the Venezuelan government’s nationalization of telecommunication services…(Read More)

Original post by FeedZilla

April 30th, 2007

Monday’s active movers

The following stocks were among the most actively traded on Monday morning:

Original post by FeedZilla

April 30th, 2007

Watchlist for April 30, 2007

It looks like we’re set for a flat open today. I’m wondering if the bulls have any fire power left for a month-end markup. That might be a nice setup for the “sell in May and go away” trade. And speaking of going away, I’m taking the week off. I […]

Original post by FeedZilla

April 30th, 2007

A Look at Humana’s (HUM) First-Quarter Earnings Report

This morning, health insurer Humana (HUM) stepped into the earnings fray and posted first-quarter earnings of 42 cents per share…(Read More)

Original post by FeedZilla