Market Gawk

United States Market and Economy

August 8th, 2007

Is Your Mortgage in Trouble?

Your lender may have disappeared but (sorry) your mortgage isn’t going to. Here’s what does happen—and why you should worry

Original post by FeedZilla

August 8th, 2007

Smart Stocks for a Choppy Market

Indexes are swinging up and down, so steady performers in solid sectors remain your best bet. Here are some the pros suggest

Original post by FeedZilla

August 8th, 2007

Techs lead gains in Asia

HONG KONG (MarketWatch) — Asian stocks advanced early Thursday, with technology counters such as Advantest Corp. and Sony Corp. pacing gains in Japan, while Samsung Electronics led the advance in South Korea in the wake of U.S. tech stocks’ gains. In Tokyo, the Nikkei 225 index added 1.2% at 17,225.42 and the broader Topix index rose 1.1% to 1,686.71. South Korea’s Kospi advanced 1.1% to 1,925.02, Australia’s S&P/ASX 200 climbed 0.8% to 6,151.80 and New Zealand’s NZX 50 index gained 0.6% at 4,142.66. Wednesday on Wall Street, the NASDAQ Composite gained 51.38 points to 2,612.98 following an upbeat earnings report from networking giant Cisco , while the Dow Jones Industrial Average closed 153.6 points higher, with 23 of its 30 stocks on the rise.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla

August 8th, 2007

A High-Tech Way To Help Wounds Heal Fuels KCI’s Profit Growth

Before there was biotech, genome mapping, surgery or even drugs, there was wound care. Even dogs and cats instinctively clean their injuries to…

Original post by FeedZilla

August 8th, 2007

Cisco Drives Nasdaq Up On Heavier Trade

Stocks charged ahead Wednesday, fueled by Cisco Systems’ strong earnings and bright outlook.

Original post by FeedZilla

August 8th, 2007

NYSE, S&P 500 Lodge Big Gains In Heavy Trade

The fledgling rally got a shot in the arm Wednesday, as indexes spiked higher on heavy volume. The NYSE composite surged 1.5% — its fifth gain in…

Original post by FeedZilla

August 8th, 2007

Cisco’s Bullish Earnings Trigger Stock Market Rally

A bullish earnings report from Cisco Systems sent stocks skyward Wednesday, with the NASDAQ leading the way.

Original post by FeedZilla

August 8th, 2007

Chicago Tribune to Deliver Sun-Times (AP)

Newspaper publisher Sun-Times Media Group Inc. inked an unusual deal with one of its biggest competitors Wednesday, announcing that the Chicago Tribune would deliver its flagship Chicago Sun-Times and 10 other suburban Chicago newspapers owned by the company.

Original post by FeedZilla

August 8th, 2007

Bear Stearns Moves to Reassure Clients (AP)

Bear Stearns Cos. this week began sending letters to clients reassuring them the firm was financially sound, in an effort to keep people from withdrawing their business.

Original post by FeedZilla

August 8th, 2007

URS quarterly profit rises 13%; boosts 2007 outlook

SAN FRANCISCO (MarketWatch) - URS Corp. late Wednesday reported second-quarter net earnings of $36.8 million, or 70 cents a share, up 13% from $32.6 million, or 63 cents a share, during the year-ago period. The San Francisco-based engineering company said revenue rose to $1.25 billion from $1.07 billion. Analysts polled by Thomson Financial had forecast, on average, a per-share profit of 68 cents on revenue of $1.18 billion. Additionally, URS said it now expects 2007 per-share earnings of $2.45 to $2.50, up from its previous range of $2.40 to $2.45. The company also said it now sees revenue of $4.8 billion, up from its prior view of $4.65 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla