Archive for the Category ‘Business’

Europe Clouds U.S. Stocks

Europe Clouds U.S. Stocks

NEW YORK—U.S. stocks ended the week with a whimper, as continued jitters surrounding Europe’s debt crisis weighed on investor sentiment. The Dow Jones Industrial Average dropped 2.42 points, or 0.02%, to 11866.39, after earlier rising nearly 100 points. International Business Machines was the biggest declining blue chip, falling $3.91, or 2.1%, to 183.57, while [...]

Delta Bulks Up at La Guardia

Delta Bulks Up at La Guardia

Delta Air Lines Inc. said Friday that its recently completed slot-swap deal with US Airways Group Inc. will allow it to turn its already strong operations at New York’s La Guardia Airport into a true domestic hub. Delta said by summer it will operate 264 daily flights between New York’s popular business airport and more [...]

Spain and Italy warned of downgrade as Moody’s cuts Belgium by two notches

Spain and Italy warned of downgrade as Moody’s cuts Belgium by two notches

The eurozone’s third- and fourth-biggest economies were warned of a “near-term” downgrade alongside Ireland, Belgium, Slovenia, and Cyprus. Photo: AP By Louise Armitstead, Chief business correspondent 11:05PM GMT 16 [...]

Wall Street rally fades after warnings on Europe (Reuters)

Wall Street rally fades after warnings on Europe 
    (Reuters)

Reuters - A rally in stocks fizzled, leaving major indexes with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data signals better times ahead and fear Europe’s debt crisis will engulf world economies.[Read more...]

S&P 500 ends up; U.S. data offers hope (Reuters)

S&P 500 ends up; U.S. data offers hope 
    (Reuters)

Reuters - An early rally in stocks fizzled, leaving major averages with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data points to better times ahead and fear Europe’s debt crisis will engulf major world economies.[Read more...]

Wall Street flat as Europe worries cut into gains (Reuters)

Wall Street flat as Europe worries cut into gains 
    (Reuters)

Reuters - Stocks were little changed in volatile trading on Friday as a warning by Fitch it may cut ratings on some European nations offset gains in growth-related shares.[Read more...]

Early Stock Rally Fades

Early Stock Rally Fades

NEW YORK—U.S. stocks bobbed around the flat line and are poised to end the week with a whimper, as continued jitters surrounding Europe’s debt crisis weighed on investor sentiment. The Dow Jones Industrial Average dropped 8 points, or 0.1%, to 11861, after earlier rising nearly 100 points. International Business Machines was the biggest [...]

Delta Bulks Up at LaGuardia

Delta Bulks Up at LaGuardia

Delta Air Lines Inc. said Friday that its recently completed slot-swap deal with US Airways Group Inc. will allow it to turn its already strong operations at New York’s LaGuardia Airport into a true domestic hub. Delta said by summer it will operate 264 daily flights between New York’s popular business airport and more than [...]

Early Rally Fades

Early Rally Fades

NEW YORK—An early rally for U.S. stocks faded as investors continued fretting about Europe’s debt crisis. The Dow Jones Industrial Average dropped 12 points, or 0.1%, to 11856, after earlier rising nearly 100 points. Weighing on the downside was International Business Machines, which dropped 2.2%, and United Technologies, which fell 1.7%. The Standard [...]

Fitch changes outlook on France

Fitch changes outlook on France

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