Archive for September 11th, 2009

Motorola shares up on Google phone announcement (AP)

Shares of Motorola Inc. jumped Friday amid high hopes for its upcoming Cliq phone, the company’s first device using Google’s Android system.

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Business events scheduled for the coming week (AP)

MONDAY, Sept. 14 NEW YORK — President Barack Obama gives a speech from Wall Street on the financial crisis. WASHINGTON — Treasury auction; Senate Homeland Security and Governmental Affairs Committee hearing on cyberattacks.

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Sector Snap: Diversified industrials rise (AP)

Stocks of industrial companies that make engineered products rose Friday after an analyst upgraded the shares of several that stand to gain as the global recession ends.

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Sector Snap: Goldman says oil services set to rise (AP)

Oil services companies are positioned to gain from an expected uptick in international exploration and production spending, a Goldman Sachs analyst said Friday.

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Wall Street slips after 5-day rally as oil weighs (Reuters)

U.S. stocks edged down on Friday after five straight days of gains as the rally started to show signs of fatigue along with a drop in crude oil prices.

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Europe closes higher, Wall Street trades lower (AP)

European shares rose on positive U.S. consumer confidence figures, while Wall Street struggled to eke out more gains after a weeklong rally.

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Motorola shares jump on hopes for Google phone (Reuters)

Motorola Inc shares rose 6.5 percent on Friday on hopes the company could turn around its loss-making handset business with the new cellphone it developed with Google Inc.

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FedEx boosts 1Q forecast, signals global recovery (AP)

FedEx Corp., the world’s second largest package delivery company, on Friday offered a signal that the global economy is improving, as it raised its first-quarter earnings forecast on better-than-expected international shipments and cost cuts.

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Sector Snap: Airline shares mixed (AP)

Airline shares were mixed Friday, a day after posting big gains on an upbeat note from a JPMorgan analyst who said it looks like the big carriers can make it through the winter without a bankruptcy.

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Dominique Strauss-Kahn: Criza nu a trecut încă şi trebuie găsite noi surse ale creşterii economice mondiale

Directorul general al Fondului Monetar Internaţional, Dominique Strauss-Kahn, a declarat vineri că actuala criză nu a fost încă depăşită şi că trebuie găsite "noi surse" ale creşterii economice la nivel mondial, care nu va mai putea fi susţinută de consumatorii americani, potrivit AFP.

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