Brazil stocks drop on Petrobras, Itau; real falls - Reuters
Posted by: admin in Latest NewsBrazil stocks drop on Petrobras, Itau; real falls - Reuters
SAO PAULO, June 18 (Reuters) - Brazilian stocks fell on Wednesday as investors sold off oil giant Petrobras and banking shares, while the currency weakened as investors’ appetite for risky emerging market securities waned. The Sao Paulo Stock
MARKET SNAPSHOT: U.S. Stocks Beat An Early Retreat, Playing Off FedEx - CNN Money
U.S. stocks on Wednesday dropped sharply for a second day as economic bellwether FedEx Corp. delivered disappointing results and Fifth Third Bancorp trimmed its dividend, respectively highlighting rising energy prices and the ongoing credit crisis
Opening Glance: Biotechnology stocks fall - Boston Globe
NEW YORK— Shares of biotechnology companies opened lower Wednesday as the broader market fell following a FedEx Corp. warning that its 2009 profit could fall short of Wall Street forecasts because of weakening demand and higher fuel costs
Stocks open lower as FedEx issues profit warning - Washington Post
Resize Text NEW YORK — Stocks declined early Wednesday after FedEx Corp. warned that weakening demand and surging fuel costs would likely leave its fiscal 2009 profit well below what Wall Street had been predicting. The shipping concern’s
US stocks head for lower open as oil prices rise - Boston Globe
NEW YORK— U.S. stocks headed for a lower open Wednesday as oil prices advanced and as investors awaited quarterly results from Morgan Stanley and FedEx Corp. Light, sweet crude rose 80 cents to $134.81 in premarket electronic trading on the New
US STOCKS-Market falls on banks’ woes, FedEx outlook - CNBC
NEW YORK (Reuters) - U.S. stocks fell on Wednesday, dragged down by the financial sector after Morgan Stanley stated its earnings dropped by more than half and Fifth Third Bancorp announced a dividend cut and a plan to raise capital. Adding to the
US STOCKS-Market opens lower on FedEx, banks - Reuters
NEW YORK, June 18 (Reuters) - U.S. stocks fell at the open on Wednesday after FedEx Corp (FDX.N: Quote , Profile , Research , Stock Buzz ) reported quarterly results and gave a dismal outlook due to high fuel prices and a weak U.S. economy. The Dow
Brazilian Stocks Fall on Inflation Concern, Led by Retailers - Bloomberg
June 18 (Bloomberg) — Brazilian stocks fell for the first time in three days, led by banks and retailers, after the country’s central bank president highlighted the threat of inflation in Latin America’s largest economy. Lojas Americanas SA led a
Stocks fall amid concerns about financials, FedEx - Newsday
NEW YORK - Stocks extended their declines Wednesday amid renewed concerns about the financial sector and after FedEx Corp. warned that weakening demand and surging fuel costs would weigh on fiscal 2009 profits. The major indexes each lost more than 1
Stocks fall in early trade - CNN Money
NEW YORK (CNNMoney.com) — Stocks fell on Wednesday morning on weak earnings reports from both the investment bank Morgan Stanley and delivery company Fed Ex. The Dow Jones industrial average ( INDU ) was down 0.2% and the broader Standard & Poor’s
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