All Entries Tagged With: "visit-market"
Rackspace jumps 11% as results impress Street
[unable to retrieve full-text content] SAN FRANCISCO (MarketWatch) – Shares of Rackspace Hosting jumped about 11% to $54.73 on Tuesday getting a lift from upbeat results and bullish commentary on the data storage system company’s growth potential. Rackspace also crossed the $50 mark to reach an all-time high of $54.80 as analysts noted its strong position in the cloud computing market. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
Gold down as Greece fails to ignite safe-haven buy
[unable to retrieve full-text content] SAN FRANCISCO (MarketWatch) — Gold futures ended lower Monday, pressured by a rising dollar and moving alongside oil and U.S. stocks as the deteriorating situation in Greece failed to ignite safe-haven flows for gold. The metal for April delivery retreated $15.40, or 0.9%, to end at $1,724.90 an ounce on the New York Mercantile Exchange.
China bans airlines from paying E.U. carbon tax
[unable to retrieve full-text content] HONG KONG (MarketWatch) — China’s aviation regulator has banned domestic airlines from participating in the European Union’s Emissions Trading Scheme, according to a report Monday by the state-run Xinhua news agency.
Oil at six-week low on supply and demand woes
[unable to retrieve full-text content] SAN FRANCISCO (MarketWatch) — Crude-oil futures ended at their lowest since mid December on the continued reverberations of a higher-than-expected crude supply increase and lower product demand. Oil for March delivery declined $1.25, or 1.3%, to $96.36 a barrel on the New York Mercantile Exchange
Coming up: ADP Jan. private-sector jobs report
[unable to retrieve full-text content] WASHINGTON (MarketWatch) — Data on private-sector payrolls in January are scheduled to be released at 8:15 a.m. by Automatic Data Processing Inc.
UniCredit shares off 7% as rights issue kicks in
[unable to retrieve full-text content] MADRID (MarketWatch) — Shares of UniCredit SpA fell 7.5% on Monday, which marked the first day of a rights issue for the Italian bank. The group is issuing 7.5 billion euros ($9.6 billion) in new shares at €1.943, offering two new shares for every one held. Shares of UniCredit lost 36% last week on the heels of the Jan.
Airline stocks rise with US Airways
[unable to retrieve full-text content] WASHINGTON (MarketWatch) — Airline stocks rose for a second day Thursday after US Airways posted a 10% year-over-year increase in its October unit revenue. The NYSE Arca Airline Index rose 1.5% to 33.92 points with all but one of its 15 components trading up. Shares of of US Airways added 1.5%, American parent AMR Corp
WSJ: regulators seize unit of PMI Group Inc.
[unable to retrieve full-text content] CHICAGO (MarketWatch) — Insurance regulators in Arizona have taken over the main subsidiary of mortgage insurer PMI Group Inc. , the Wall Street Journal reported Saturday
U.S. stocks erase losses and push higher
[unable to retrieve full-text content] SAN FRANCISCO (MarketWatch) — The Dow Jones Industrial Average bounced back hard from triple-digit declines Thursday, pushing up 41 points to 11,546 in midday trading.
U.S. stocks erase losses and push higher
[unable to retrieve full-text content] SAN FRANCISCO (MarketWatch) — The Dow Jones Industrial Average bounced back hard from triple-digit declines Thursday, pushing up 41 points to 11,546 in midday trading. The S&P 500 Index also turned higher, while the Nasdaq Composite Index lingered in negative territory