Market News

Reuters
Stocks Flat, Bonds Dip on GDP Data
Thursday October 30, 7:51 pm ET
Treasuries slipped on Thursday as a keenly awaited government report on economic growth stunned investors by showing much stronger than expected expansion, fueling talk the Fed would raise rates sooner than anticipated.

Reuters
Economy Grows at Best Pace Since 1984
Thursday October 30, 5:24 pm ET
The U.S. economy rocketed ahead at its fastest pace in nearly two decades in the third quarter as consumers, their wallets fattened by tax cuts, went on a buying spree, the government said on Thursday.

Reuters
Stocks End Up Slightly, Boeing Soars
Wednesday October 29, 4:57 pm ET
Stocks rose a little in active trading on Wednesday as companies continued to beat profit forecasts and investors eyed key production and jobs data due on Thursday.

Reuters
Boeing Beats Forecasts, Stock Soars
Wednesday October 29, 6:07 pm ET
Boeing Co. on Wednesday said strong military business overshadowed weak commercial jet sales and boosted third-quarter profit above Wall Street forecasts, lifting its shares to their best one-day gain in more than two years.

Reuters
Stocks Surge as Fed Keeps Rates Steady
Tuesday October 28, 4:48 pm ET
U.S. technology stocks scored their biggest daily gain since July in heavy trading on Tuesday as the Federal Reserve voted to keep interest rates steady at 45-year lows, as expected, and a global trade group forecast strong growth in computer chip sales in 2004.

Reuters
SEC, Massachusetts Accuse Putnam of Fraud
Tuesday October 28, 6:54 pm ET
Federal and state regulators on Tuesday accused Putnam Investments of securities fraud, making the mutual fund company the first to be formally charged in a widening probe into improper trading.

Reuters
Sony Cuts Jobs, Sets Up JV with Samsung
Tuesday October 28, 1:58 am ET
Sony Corp said on Tuesday it would reduce its workforce by about 20,000 in the next three years and establish a liquid crystal display joint venture with Samsung Electronics, in a plan aimed at overhauling the Japanese company's struggling electronics business.

Reuters
Stocks Up After Mega-Deals, Housing Data
Monday October 27, 4:58 pm ET
Stocks rose in active trading volume on Monday, although off session highs, as two multibillion-dollar takeover deals encouraged investors to buy stocks in a vote of confidence on business conditions.