Latest Wall Street Stories
Wall Street breaks losing streak NEW YORK, Oct. 9 (Xinhua) -- Wall Street opened strongly higher Thursday, as International Business Machines Corp.'s profit beat estimates and jobless claims declined last week.
In a vote that shook the government, Wall Street and markets around the world, the House on Monday defeated a $700 billion emergency rescue for the nation's financial system, leaving both parties' lawmakers and the Bush administration scrambling to pick up the pieces.
An unreleased recitation by Johnny Cash will be available as part of a new documentary examining Cash's views on America. In "I Am The Nation," the singer personifies the country with references to important events and people in American history.
A stage musical version of the 1991 novel and 2000 film "American Psycho" reportedly is in development and heading to Broadway. Bret Easton Ellis penned the 1980s-set book on which the movie starring Christian Bale was based.
The field of possible buyers for Lehman Brothers narrowed Saturday, but the parties involved in the discussions over the wounded investment bank's future were at loggerheads over how to finance the rescue.
Wall Street News Alert's "stocks to watch" this morning are: Welwind Energy International Corp. (OTCBB: WWEI), Evergreen Solar, Inc. (NASDAQ: ESLR), ConocoPhillips (NYSE: COP) and Clean Energy Fuels Corp. (NASDAQ: CLNE).
By Stephen Foley As Lehmans talks to Korea Development Bank about a potential $6bn cash injection, Stephen Foley looks at the range of options the one- time bastion of Wall Street has in its battle to remain independent Business Analysis Senior executives at Lehman Brothers have been dusting off their Korean phrase books again, as the on-off talks with the country's state-owned bank appeared to be back on.
By The Associated Press NEW YORK (AP) - Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed.
Wall Street News Alert's "stocks to watch" this morning are: Southridge Enterprises, Inc. (OTCBB: SRDG), Wal-Mart Stores Inc. (NYSE: WMT), NetApp (NASDAQ: NTAP) and CACI International Inc (NYSE: CAI).
Wall Street News Alert's "stocks to watch" this morning are: VIPR Industries Inc. (PINKSHEETS: VIPR), Whole Foods Market (NASDAQ: WFMI), Archer Daniels Midland Company (NYSE: ADM) and Motorola Inc. (NYSE: MOT).