Archive for April, 2009
* Global equities weaker, Wall Street mixed early * US crude oil inventories expected to have risen NEW YORK, April 21 (Reuters) – US crude oil future fell on Tuesday as faltering confidence in a quick economic recovery and bank stability that pressured global equities pushed crude oil prices …
April 21st, 2009 | Posted in Economy / Market, Money / Gold | No Comments
By Aaron Ricadela Over the past 13 years, Sun Microsystems’ Java language has become one of the computer industry’s best known brands—and underappreciated assets …
April 21st, 2009 | Posted in Companies | No Comments
By MarketWatch US stocks were under early pressure as investors worried that a fresh slate of corporate results this week could show continued pressure from the world-wide recession. The Dow Jones Industrial Average was down by about 158 points as most of its components declined. The S&P 500 …
April 20th, 2009 | Posted in Stocks | No Comments
By Christopher Hinton & Jeffry Bartash, MarketWatch WASHINGTON DC (MarketWatch) — Oracle Corp. on Monday said it will buy Sun Microsystems Inc., creator of widely used Java software, in a cash deal worth $5.6 billion that unites two of Silicon …
April 20th, 2009 | Posted in Companies | No Comments
By Leah Schnurr NEW YORK, April 20 (Reuters) – US stocks tumbled on Monday on worries about the sustainability of recent better-than-expected results from banks after Bank of America Corp reported a big increase in troubled loans.
April 20th, 2009 | Posted in Stocks | No Comments
By Ben Rooney, CNNMoney.com staff writer NEW YORK (CNNMoney.com) — Business software maker Oracle Corp. said Monday it has entered into a definitive agreement to buy server builder Sun Microsystems in a deal worth $7.4 billion.
April 20th, 2009 | Posted in Companies | No Comments
By William L. Watts & Deborah Levine, MarketWatch NEW YORK (MarketWatch) — The US dollar gained versus the euro Monday, extending the euro’s previous-week losses, as the head of the European Central Bank signaled that policy makers are weighing a …
April 20th, 2009 | Posted in Forex, Money / Gold | No Comments
By V. Phani Kumar, MarketWatch HONG KONG (MarketWatch) — Shares of property developers helped push Hong Kong stocks higher Monday, amid signs that demand was rising as credit-market conditions improved and as stock-market gains boosted confidence.
April 20th, 2009 | Posted in Economy / Market | No Comments
By Polya Lesova, MarketWatch NEW YORK (MarketWatch) — Oil prices fell more than 6% Monday to trade below $47 a barrel, as US dollar strength, falling stock markets and ongoing concerns about the global economy pressured the energy market.
April 20th, 2009 | Posted in Economy / Market | No Comments
By Edmund L. Andrews WASHINGTON – President Obama’s top economic advisers have determined they can shore up the banking system without having to ask …
April 20th, 2009 | Posted in Economy / Market, Stocks | No Comments