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Thursday, November 18, 2010

DAI: Stocks rise on eased concerns over Europe

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Good evening Pan, THU 18 Nov 2010 
 
Stocks rise on eased concerns over Europe
Dell profit and margin top Wall Street estimates
GM shares jump in post-IPO return to market
Gap stands by 2010 forecast as shares fall
Fed officials circle wagons around QE2
Lawmakers hit banks and regulators on foreclosures
Ex-car czar Rattner sued by Cuomo, settles with SEC
Boeing 787 delay already in stock price: analysts
RIM's PlayBook piques interest of core customers
Debris from Qantas A380 engine severed cables: memo


Stocks rise on eased concerns over Europe
November 18, 2010 04:16 PM ET
NEW YORK (Reuters) - Stock indexes jumped on Thursday on news of an imminent resolution of Ireland's banking crisis, but the S&P 500's inability to break through resistance suggests stocks could remain in a tight range through the end of 2010.

Full Article
Dell profit and margin top Wall Street estimates
November 18, 2010 04:24 PM ET
SAN FRANCISCO (Reuters) - Dell Inc reported better-than-expected profit and margins and raised its yearly outlook for operating income growth, but sales came in below Wall Street's forecast despite solid demand from large corporations.

Full Article
GM shares jump in post-IPO return to market
November 18, 2010 03:44 PM ET
NEW YORK (Reuters) - General Motors Co shares shot up as much as 9 percent on Thursday as investors bet that the top U.S. automaker can make a lasting recovery as it returns to private ownership after a blockbuster IPO.

Full Article
Gap stands by 2010 forecast as shares fall
November 18, 2010 04:27 PM ET
SAN FRANCISCO (Reuters) - Gap Inc posted a slight decrease in net profit that met Wall Street estimates and maintained its 2010 profit outlook. Its shares fell 3 percent.

Full Article
Fed officials circle wagons around QE2
November 18, 2010 04:32 PM ET
CHICAGO (Reuters) - Two top Federal Reserve officials on Thursday rallied around the central bank's $600 billion bond buying plan, which has drawn fire from U.S. lawmakers and foreign capitals alike.

Full Article
Lawmakers hit banks and regulators on foreclosures
November 18, 2010 03:53 PM ET
WASHINGTON (Reuters) - Lawmakers hauled the top U.S. mortgage lenders and their regulators to Capitol Hill on Thursday to chastise them for widespread flaws in foreclosure documents, but failed to extract any promises of fines or fresh loan modification programs.

Full Article
Ex-car czar Rattner sued by Cuomo, settles with SEC
November 18, 2010 03:09 PM ET
NEW YORK (Reuters) - Steven Rattner, the former Obama administration auto industry czar, was sued by New York's attorney general for allegedly paying kickbacks to win investments from the state's public pension fund.

Full Article
Boeing 787 delay already in stock price: analysts
November 18, 2010 04:09 PM ET
CHICAGO (Reuters) - A seventh delay for the long-awaited Boeing Co 787 Dreamliner is all but assured, and the negative sentiment is already priced into shares, analysts said on Thursday.

Full Article
RIM's PlayBook piques interest of core customers
November 18, 2010 03:36 PM ET
TORONTO (Reuters) - If all goes according to Research in Motion's plan, its touchscreen PlayBook will halt the erosion of its hold on the corporate must-have gadget list, offering safety and control to a security-conscious audience.

Full Article
Debris from Qantas A380 engine severed cables: memo
November 18, 2010 11:50 AM ET
LONDON (Reuters) - Pilots struggled to shut down an engine on the Qantas A380 that made an emergency landing this month, because debris from the Rolls-Royce engine that broke up mid-flight severed cables.

Full Article
 
 











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