Archive for July 2nd, 2009

World stocks down on US jobs unease (AP)

World stocks mostly fell Thursday as investors braced for a crucial U.S. jobs report that is expected to show another rise in unemployment and could give markets renewed direction.

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13 Conn. post offices on shutdown list (AP)

Thirteen Connecticut post offices are on a list released by the U.S. Postal Service for possible shutdown or consolidation.

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Stock futures lower ahead of jobs report (AP)

Worries about rising unemployment have stock market investors on edge. Stock futures fell ahead of the June unemployment report set for release before the market opens Thursday. Economists are expecting an increase.

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Ahead of the Bell: Factory Orders (AP)

Orders to U.S. factories likely rose in May, reflecting strength in such areas as commercial aircraft and a key category that is viewed as a proxy for business investment.

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Ahead of the Bell: Natural gas reserve jump seen (AP)

The Energy Department will likely report a 72 billion- to 76 billion-cubic foot jump in natural gas reserves on Thursday for the week ended June 26, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.

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Stock futures signal lower open (Reuters)

Stock futures pointed to a lower open on Wall Street on Thursday, as investors braced for all-important monthly jobs data. At 4:39 a.m. EDT futures for the S&P 500, Dow Jones and Nasdaq 100 were down 0.5 percent.

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Business Highlights (AP)

U.S. car and truck sales showed signs of stabilizing in June after a year of sharp declines, but every major automaker except Honda Motor Co. reported lower sales than in May.

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Wall St gains on recovery hopes, but job data looms (Reuters)

Stocks rose on Wednesday, the start of the third quarter, as reassuring manufacturing data from China, Europe and the United States reinforced hopes that the world’s economy is on the road to recovery.

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AIG, General Mills, MetroPCS are big movers (AP)

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE:

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Rite Aid: Stock meets NYSE rule, split canceled (AP)

Drugstore operator Rite Aid Corp. said Wednesday it regained compliance with the New York Stock Exchange’s minimum share price rule.

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