oil prices continued to drop Tuesday after the easing of concerns about supply disruption in the Gulf of Mexico, but with analysts saying expectations of tighter supplies ahead still may limit the decline.
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oil prices continued to drop Tuesday after the easing of concerns about supply disruption in the Gulf of Mexico, but with analysts saying expectations of tighter supplies ahead still may limit the decline.
Original post by FeedZilla
HONG KONG (MarketWatch) — Shares of Cathay Pacific Airways and Air China fell sharply in Hong Kong Tuesday as they resumed trading, following a decision not to acquire shares in China Eastern Airlines . The two airlines, which had previously requested suspension of trading in their shares pending a price-sensitive announcement, had requested the Hong Kong Exchanges and Clearing late Monday to lift the suspension. In the early minutes of trading in Hong Kong, shares of Air China fell 14.9% while Cathay’s stock dropped 7.5%. Shares of China Eastern, which rallied recently on speculation that Air China and Cathay may together buy a stake in the company, tumbled 15.2%.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.
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The NASDAQ composite rose during the first half of Monday’s session, pulled back into the red, then pared its losses to close just above its…
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Stocks pulled back Monday after some back-and-forth trading, closing near session lows.
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The major market indexes moved lower Monday, but big moves by several top-rated leaders suggested a stealth rally on Wall Street.
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Peter Ho's ascent to the number two job at Bank of Hawaii became official Monday. (BOH)
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The market seems to be stuck on pause while it digests last Tuesday’s big gains. The back & forth action is especially noticable in the S&P 500’s chart. You can see that bulls are refusing to let the index drop very far into Tuesday’s range. So despite some short term sell […]
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An interview with Chris Ceraso: Five auto stocks worth filling up on.
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Stocks fell on Monday as financial shares weakened on news that Germany’s largest bank may take a big hit from subprime mortgage investments, while a landmark strike at General Motors raised concern about the economic outlook.
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Housebuilders were among the biggest fallers in as investors fled the sector on talk of a slowdown in visitor numbers at Barratt Developments
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