According to Reuters, Oracle (ORCL) posted strong earnings and offered a robust outlook for its business. Reuters writes that Barclays (BCS) has sued Bear Stearns (BSC) over losses in two hedge funds…
Markets in Europe were slightly lower at 6.45 AM New York time. The FTSE fell .1% to 6,270. Barclays (BCS) was down 1.4% to 502. Northern Rock was up 5.3% to 91.5.…
Douglas A. McIntyre According to Reuters, Philips plans to buy-back $7.2 billion in shares. The Wall Street Journal writes that former Treasury Secretary Lawrence Summers believe that the government should put together a $75 billion…
Markets in Europe were down sharply at 6 AM New York time. The FTSE fell 1.6% to 6,452. Barclays (BCS) was off 4.7% to 530. BHP Billiton (BHP) was off 3.1% to…
Market in Europe were down at 6.15 AM New York time The FTSE was off .9% to 6,477. Barclays (BCS) was off 3.9% to 535.5. BHP Billiton (BHP) was down 2.9% to…
Markets in Europe were higher at 6.30 AM New York time. The FTSE rose 1.1% to 6,565. Barclays (BCS) is up 3.8% to 575. HSBC (HBC) is up 3.4% to 858.5. Prudential…
Douglas A. McIntyre Markets in Europe were down at 6.15 AM New York time. The FTSE fell 1% to 6,324. Barclays (BCS) was off 3.6% to 541. Northern Rock was down 3.9% to 104.8. The…
Markets in Europe are modestly higher at 6.20 AM New York time. The FTSE is up .7% to 6,391. Barclays (BCS) is up 2.6% to 554. Man Group is up 4.4% to…
Douglas A. McIntyre Markets in Europe were mixed at 6.40 AM New York time. The FTSE was off .2% to 6,294. Barclays (BCS) was down 4% to 532. BP (BP) was up 1.5% to 586.…
Markets in Europe were modestly higher. The FTSE rose .5% to 6,170. Barclays (BCS) was up 3.2% to 540.5. British Air (BA) was up 3.5% to 328. The DAXX was up .9%…
Markets in Europe were down at 7.20 AM. The FTSE fell .6% to 6,143. Barclays (BCS) was up 2.3% to 860. Northern Rock was up 4.7% to 115.3. Rio Tinto (RTP) was…
Douglas A. McIntyre As 24/7 Wall St. pointed out yesterday, financial matter are getting dire at newspaper chain McClatchy (MNI). October sales were off almost 10%. The stock hit a 52-week low of $14.07 on…
Douglas A. McIntyre Markets in Europe were off sharply. The FTSE fell 1.5% to 6,131. Barclays (BCS) fell 3.6% to 497.75. Northern Rock fell 11.9% to 85.5. Vodafone (VOD) fell 3.1% to 186.6. The DAXX…
Markets in Europe were higher at 6.25 AM New York time. The FTSE rose .5% to 6,152. Barclays (BCS) was up 3.5% to 508.5. Nothern Rock was down 25.6% to 77.5. Unilever…
Markets in Europe were down at 6.40 AM New York time. The FTSE was down .8% to 6,243. Barclays (BCS) was down 2.7% to 495.25. The DAXX fell .6% to 7,564. Commerzbank…
Douglas A. McIntyre 