Posts Tagged ‘U.S.’

Campbell Soup 1Q Profit Down 8 Percent

Kris Alingod – AHN News Contributor Camden, NJ, United States (AHN) – Campbell Soup’s earnings for the first quarter of 2011 slid 8 percent but the company maintained its full fiscal year outlook. Net income for the period ended Oct. 31 was $279 million, or 82 cents per share, down from $304 million, or 87 […]

Korean Hostility, U.S. Economic Downgrade Send Stocks Falling

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The exchange of artillery fire between North and South Korea and the Fed’s bleak economic outlook next year sent shivers down the spine of investors and U.S. stocks sliding on Tuesday. The Dow Jones Industrial Average lost 153 points or 1.5 […]

Broad Drop in Stocks (Market Update)

U.S. stocks tumbled as the skirmish between North Korea and South Korea and continued… View full post on Business Stories

Caterpillar Acquisition, Better October Retail Sales Boost Stocks

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The acquisition by construction equipment giant Caterpillar of mining-equipment maker Bucyrus International Inc. for $7.6 billion and a 1.2 percent increase in retail sales in October sent U.S. stocks climbing on Monday. The Dow Jones Industrial Average went up 85 points […]

Report: Mexican Drug Cartels Spreading to Other Countries

Tom Ramstack – AHN News Correspondent Washington, D.C., United States (AHN) – New government reports indicate Mexican drug cartels are making a bigger push to organize their black market activities in the United States, Europe and neighboring Latin American countries. In one example, some reports indicate the cartels are associating with white supremacists in the […]

Cisco Fall Pulls Wall Street Down

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks plunged on Thursday as shares of networking giant Cisco Systems tumbled following its announcement the previous day of lower than expected growth for the year. A 16 percent drop in Cisco shares saw the Dow Jones Industrial Average losing […]

Stocks Climb As Dollar Weakens

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks sharply fell early in the session on Wednesday before closing higher amid the weakening of the dollar. The Dow Jones Industrial Average rose 10 points or 0.1 percent to 11,357. The Standard & Poor’s 500 Index added 3 points […]

Wall Street Retreats As Investors Turn To Gold

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks fell slightly on Monday as hedge-seeking investors went for commodities and sent gold prices up to a record high of $1,403 an ounce. The Dow Jones Industrial Average lost 37 points or 0.3 percent to close at 11,407. Boeing […]

Fed’s $600 Billion Economic Stimulus Plan Drives Stocks Up

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The Federal Reserve’s announcement to buy $600 billion in bonds to stimulate the economy sent global markets rallying and U.S. stocks surging on Thursday. The Dow Jones Industrial Average was back in the same height before the crash of Lehman Brothers […]

U.S. Federal Reserve launches economic stimulus

The U.S. Federal Reserve has announced a widely expected move to stimulate the American economy. View full post on Canada Business Stories