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Geithner defends AIG bailout
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Thursday, 19 November 2009 |
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U.S. Treasury Secretary Timothy Geithner defended the costly bailout of AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms.
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Business Update: Tech tensions
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Thursday, 19 November 2009 |
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Wall Street is headed for the worst trading day of the month on worries the chip sector may be signaling an upcoming slowdown in the factory sector.
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Retail Earnings Losers Roundup: DKS, CMRG, SSI
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Thursday, 19 November 2009 |
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Dick's Sporting Goods (DKS) posted a third quarter profit of 16 cents per share, beating prior guidance for a range of 4 to 7 cents. And consolidated same store sales increased 1.9%, versus guidance for a 4 to 6 percent decline.
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Market Movers: TXN, INTC, DCI, SRZ
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Thursday, 19 November 2009 |
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The latest news and information on U.S. stocks that are moving the market.
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Jobless Claims Flat for Week Ending November 14
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Thursday, 19 November 2009 |
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Initial jobless claims for the week ending November 14 were flat as compared to the previous week, at 505,000. The four-week average of initial claims dropped 6,500 to 514,000, the lowest level since November of last year.
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