Yahoo front page news headlines today....
Techs Rise at the Open, IBM Weighs
on Dow
Technology stocks rose after the opening bell
on Thursday as investors snagged bargains in
the pummeled sector, but blue chips were
weighed down by a lackluster revenue outlook
for International Business Machines .
Full Coverage
Consumer Confidence Tumbles to
Year Low
U.S. consumer confidence sank in December to
its lowest level in more than a year, raising the
risks that apprehension over a cooling economy
may exacerbate the slowdown, the Conference
Board said Thursday.
Jobless Claims Fall in Latest Week
Initial U.S. claims fell a steep 23,000 in the latest week, the government said on
Thursday, but it cautioned against reading too much into the weekly figure saying 18
states had estimated their data.
American Standard Cuts Jobs, Closes Plant
American Standard Cos. Inc. , a maker of plumbing, automotive and air conditioning
systems, said on Thursday it plans to cut 1,200 jobs worldwide, or about 2 percent of
its workforce, and close one of its plants under a plan to improve profits.
DaimlerChrysler Shares Hit Four-Year Low
Shares in German automaker DaimlerChrysler AG came under renewed pressure on
Thursday, touching another four-year low amid continuing worries about the group's
U.S. Chrysler division.
Oil Eases As US Inventory Deficit Shrinks
Oil prices eased on Thursday after petroleum inventory data from the United States
showed a deficit in stocks versus last winter shrinking again. Full Coverage
Treasuries Mostly Weaker After Job Data
U.S. Treasuries remained mostly weaker on Thursday after the government reported a
drop in new jobless claims for the latest week and as traders set up positions for a
midmorning report on consumer confidence.
Mobile Phone Firms Face Fresh Suits Over Tumors
Mobile phone companies are facing fresh legal action from brain tumor victims in the
United States, a newspaper reported on Thursday.
Trinity Sees Weak Quarter
Rail, car, barge and highway construction firm Trinity Industries Inc says it expects to
report lower-than-expected fiscal third-quarter operating profits before special charges
due to bad weather, higher fuel costs and weakened demand for some of its services.
Yen Tumbles, Cheapened by Official Talk
The yen tumbled to 16-month troughs against the dollar and 10-month lows against the
euro for the third straight day on Thursday as Japanese officials added to bearish
sentiment that their economy may be flagging. Full Coverage
Earlier Stories
Robotic Vision Sees Revenue Shortfall
Dell Revenue And Earnings View Cut
Littelfuse Says Sees Earnings Below View
UBS Warburg Reiterates J&J As Strong Buy
Tech Stocks Move Lower in Pre-Open Trade
Techs Lead Eurostocks Higher
Tokyo Shares Wilt
Eurostocks Set for Another Choppy Session
Summers Says Moderate Growth to Continue
Symantec 'Confident' Despite NA Selloff
Handling of Power Crisis Under Fire |
