Archive for August, 2009

Mid-Day Recap: Losses in China Drive U.S. Equities South

Stocks have had a rough day in the final session of August. After a sell-off in China hurt investor sentiment in Europe, US equity markets opened lower and have failed to bounce halfway through the day. As of 1:30, the NASDAQ is off 1.39% to 2,000, followed by a 1.22% dip in the S&P [...]

Wall Street slips on China sell-off; energy, banks slide

NEW YORK (Reuters) – U.S. stocks fell on Monday as concerns about the global economy’s health weighed on Wall Street following a sell-off in Chinese equities.

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Wall Street slips on China sell-off; energy, banks slide

NEW YORK (Reuters) – U.S. stocks fell on Monday as concerns about the global economy’s health weighed on Wall Street following a sell-off in Chinese equities.

Disney to acquire Marvel in $4 billion deal

NEW YORK/LOS ANGELES (Reuters) – Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the biggest media deal of the year, banking on Marvel’s roster of superheroes to broaden its lineup of movie franchises that appeal to boys.

Even If Stock Selloff Is Coming, You Don’t Have to Join Crowd

“Sell in May didn’t work very well,” says one market pro.  “I’m not sure September is going to be the evil month that many people expect.”

Disney CEO: Deal to Buy Marvel Good for Both Firms

Wall Street slips after China sell-off

NEW YORK (Reuters) – Stocks declined on Monday, pressured as a sharp drop in Chinese equities led to weakness in the energy sector.

Disney to acquire Marvel for $4 billion

NEW YORK/LOS ANGELES (Reuters) – Walt Disney Co agreed buy Marvel Entertainment Inc for $4 billion in a deal that would add characters such as Iron Man, Spider-Man and the Fantastic Four to its entertainment empire.

Disney to buy Marvel for $4bn

Walt Disney has unveiled a surprise $4bn bid for Marvel Entertainment, ending a deal-making drought in the media sector

Wall Street to open lower as China, banks weigh

NEW YORK (Reuters) – Stock index futures pointed to a lower open on Monday as Chinese equities dropped sharply and commodities fell on concerns that asset prices have run ahead of the economic realities.

Marvel jumps on acquisition by Disney

NEW YORK (Reuters) – Shares of Marvel Entertainment soared more than 25 percent in premarket trade after Walt Disney Co announced it will acquire the company and its library of characters including Spider-Man, Iron Man and the X-Men.

Fed Can Avoid Inflation Danger: NY Fed President

Fears of inflation because of the Federal Reserve’s massive quantitative easing measures are overblown, because the Fed has the ability to pull the liquidity out of the market fast enough to prevent price rises, William Dudley, New York Fed president, told CNBC Monday.

Fed’s Profit from Crisis Loans Is $14 Billion: Report

Stock futures signal losses as commodities retreat

(Reuters) – U.S. stock index futures pointed to a lower open on Wall Street on Monday for the last session of the month, with futures for the S&P 500 down 0.78 percent, Dow Jones futures down 0.77 percent and Nasdaq 100 futures down 0.87 percent at 0825 GMT (4:25 a.m. EDT).

No need for second U.S. fiscal stimulus package: survey

WASHINGTON (Reuters) – The U.S. economy does not need a second fiscal stimulus package, instead the government should cut spending over the next two years, according to a survey of business economists released on Monday.

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