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Trader's Blog
SymbolLastChange
CRB233.35-8.85
USD$86.996+0.379
Bonds130.640625+3.156250
Crude Oil49.28-5.47
Nat. Gas6.499-0.011
Gold768.84-42.96
Dow Indu8149.09-679.95
Nasdaq1400.16-135.41
S&P500816.21-80.03
VIEW PORTFOLIO
J&J to buy breast implant maker Mentor for $1.07B 1 minute ago
In a move to become a major player in cosmetic and reconstructive surgery, health care products company Johnson & Johnson said Monday it will buy cosmetic-product and breast-implant maker Mentor Corp. for $1.07 billion.... more

Rates on Treasury bills fall to record lows 1 minute ago
Interest rates on short-term Treasury bills fell in Monday's auction to the lowest levels on record.... more

Manufacturing index drops to 26-year low 1 minute ago
A gauge of US manufacturing activity that fell to a 26-year low Monday followed similarly weak readings in Europe and China, fueling fears of a deepening global downturn.... more

Credit Suisse to cut around 650 jobs in Britain 3 minutes ago
Investment bank Credit Suisse says it will cut around 10 percent of its British work force, or 650 jobs.... more

AP Top Financial News At 5 p.m. EST 3 minutes ago
Stocks fall sharply on consumer spending worries... more

AP Top Extended Financial Headlines At 5 p.m. EST 3 minutes ago
Stocks fall sharply on consumer spending worries, downbeat data on manufacturing, construction... more

Stocks fall sharply on consumer spending worries 3 minutes ago
The reality that the nation is indeed in recession and that the downturn may well be prolonged sent Wall Street plunging Monday, hurtling the Dow Jones industrials down nearly 700 points and wiping out more than half of last week's big gains. All the major indicators fell more than 7 percent, with the Standard & Poor's 500 index down nearly 9 percent.... more

Economy likely to move up Medicare's insolvency 5 minutes ago
Federal health officials estimate that the struggling economy will speed up by one to three years the exhaustion of the Medicare trust fund covering hospital and nursing home care.... more

Plains Exploration closes $1.25B properties sale 5 minutes ago
Plains Exploration & Production Co. on Monday said it completed the $1.25 billion sale of its remaining oil and gas properties located in the Permian Basin in west Texas and Piceance Basin in Colorado to Occidental Petroleum Corp.... more

Some travelers canceling plans to visit India 5 minutes ago
In the past decade, India has gone from a place that relatively few Americans visited to one of the top international destinations for US residents _ ahead of other locales like Brazil, Switzerland and Greece.... more

Fitch: Consumer Products sector faces harsh 2009 5 minutes ago
A "severe recession" worldwide will result in "harsh business conditions" for US consumer products companies in 2009, says a report by Fitch Ratings.... more

RI reaches deal doubling methane power at landfill 7 minutes ago
A New Jersey firm has reached an agreement with Rhode Island authorities to double methane-fueled electricity production at the state's central landfill in Johnston, company officials said Monday.... more

Oklahoma gov hopes Obama stimulus will help state 11 minutes ago
Gov. Brad Henry is hoping President-elect Barack Obama will sign off on a federal stimulus package that will include money for highway and bridge projects in Oklahoma.... more

Stores post modest gains over Thanksgiving weekend 11 minutes ago
The nation's stores finally got some relief this Thanksgiving weekend, according to data released late Monday, but the sales gains were modest and analysts worry the pace can't be sustained through the season and beyond as shoppers worry about the recession.... more

Retailers offer deals, discounts on 'Cyber Monday' 13 minutes ago
Retailers who saw Thanksgiving holiday sales drop off as the weekend progressed stepped up online promotions on the day known as "Cyber Monday" to try to get consumers tired of the crowds at stores to keep shopping.... more

Covidien spent $450K lobbying gov't in 3Q 15 minutes ago
Health care products maker Covidien Ltd. spent $450,000 in the third quarter to lobby on issues affecting drugs and medical devices, according to a recent disclosure report.... more

Allos cancer drug candidate gets FDA orphan status 15 minutes ago
Allos Therapeutics Inc. said Monday federal regulators have granted for the second time in a week a special status to the cancer drug pralatrexate that protects it from competition if approved.... more

NV Energy seeking 17.5 percent electric rate hike 17 minutes ago
Nevada's main electric utility is asking state regulators to let it raise rates 17.5 percent for a typical southern Nevada customer beginning next Sept. 1.... more

Boston Scientific spent $410K lobbying in 3Q 17 minutes ago
Medical device maker Boston Scientific Corp. spent $410,000 lobbying the federal government in the third quarter on health care issues, according to a disclosure form.... more

New Zealand's All Capital Index Presently At 2,674.94, Down 54.60 Points Or 2.00% 21 minutes ago
New Zealand's All Capital Index Presently At 2,674.94, Down 54.60 Points Or 2.00%... more

Alliant gets $26 million Air Force contract 19 minutes ago
Alliant Techsystems Inc. said Monday that it has received a $26.1 million Air Force contract for work on a system that can be used to simulate space.... more

New Zealand's NZX 50 Index Currently At 2,627.88, Down 55.04 Points Or 2.05% 23 minutes ago
New Zealand's NZX 50 Index Currently At 2,627.88, Down 55.04 Points Or 2.05%... more

Wyoming's investments down more than $1 billion 21 minutes ago
The value of Wyoming's investment portfolio continues to slump, dropping more than $1 billion from the start of the present financial crisis through the end of October.... more

US Dollar Strengthens Against Major Latin American Currencies 25 minutes ago
The US dollar strengthened against its major Latin American counterparts during New York trading on Monday. The greenback climbed to 1-week high against the Brazilian real and multi-day highs versus the Mexican peso, Chilean peso and the Peruvian Sol. ... more

Sector Snap: Oil sector falls on crude prices 21 minutes ago
Shares of oil companies fell on Monday along with the broader market as crude prices slipped, bleak economic data surfaced and the National Bureau of Economic Research confirmed that for the past year the US has been in a recession.... more

Becton Dickinson spent $80K on lobbying in 3Q 23 minutes ago
Medical device and supply company Becton, Dickinson and Co. spent $80,000 lobbying Congress in the third quarter, according to a recent disclosure report.... more

NYSE suspends trading of Pilgrim's Pride 25 minutes ago
Trading of Pilgrim Pride Corp.'s stock was suspended on the New York Stock Exchange, following news earlier in the day the poultry producer filed for Chapter 11 bankruptcy protection.... more

HL:Quebec seller of pirated software fined $100,000 for contempt of court@ 13 minutes ago
MONTREAL _ Microsoft Corp. has welcomed a $100,000 fine imposed on a Quebec man who pleaded guilty to contempt of court for persevering in sales of counterfeit software.... more

New deadline for Tiger Stadium preservation plans 25 minutes ago
A key deadline for the group trying to save Tiger Stadium has been extended.... more

AP Top Extended Financial Headlines At 4:31 p.m. EST 3 minutes ago
Stocks fall sharply on consumer spending worries, downbeat data on manufacturing, construction... more

AP Top Financial News At 4:31 p.m. EST 5:02PM
Stocks fall sharply on consumer spending worries 4:40PM
At a glance: Vanguard founder John Bogle 4:34PM
Frontier reports October net loss of $20.5M 4:34PM
2009 Outlook: Vanguard's Bogle sees long recession 4:32PM
Drugmakers' trade group spent $5.4M lobbying in 3Q 4:32PM
Colombia Fedecafe Coffee Purchase Prices - Dec 1 4:48PM
Bush Officials to Announce Economic Agreement in China 4:28PM
Delphi wins court motion to delay loan payback 4:32PM
Oil tumbles below $50 as recession called 4:30PM
AP IMPACT: They warned us, but US eased loan rules 4:30PM
Colombia Coffee Export Price $1.3222/lb Mon Vs $1.3222/lb Fri 4:46PM
Oklahoma gov hopes Obama stimulus will help state 4:30PM
Ebix closes deal to purchase ConfirmNet 4:28PM
McClatchy, Christian Science Monitor to share copy 4:28PM
Black food workers at Comcast Center claim bias 4:26PM
Stocks Close Sharply Lower As Traders Cash In On Last Week's Gains - U.S. Commentary 4:16PM
AP Top Extended Financial Headlines At 4:14 p.m. EST 4:34PM
AP Top Financial News At 4:14 p.m. EST 4:34PM
Stocks fall sharply on consumer spending worries 4:24PM
AP Top Extended Financial Headlines At 4:13 p.m. EST 4:18PM
AP Top Financial News At 4:13 p.m. EST 4:18PM
House leader: Oust CEOs of Big Three automakers 4:18PM
It's official: US has been in a recession all year 4:16PM
Chamber of Commerce lobbying budget grows in 2008 4:16PM
Schwarzenegger declares fiscal emergency in Calif. 4:16PM
Colombia's Stocks Fall Tracking DJIA; Peso Appreciates 4:30PM
Governors press for stimulus bill by Inauguration 4:14PM
Zimbabwe To Ignore Regional Court Ruling On Land Reforms 4:08PM
AP Top Financial News At 4:04 p.m. EST 4:18PM
AP Top Extended Financial Headlines At 4:04 p.m. EST 4:18PM
Ford says CEO will return to Washington by car 4:10PM
AP Top Financial News At 4:03 p.m. EST 4:08PM
AP Top Extended Financial Headlines At 4:03 p.m. EST 4:08PM
Pilgrim's Pride files for bankruptcy protection 4:08PM
AP Top Financial News At 4 p.m. EST 4:06PM
AP Top Extended Financial Headlines At 4 p.m. EST 4:06PM
Stocks fall sharply on consumer spending worries 4:06PM
Paulson says other rescue programs being examined 4:06PM
Online deals for 'Cyber Week' 4:06PM
Indian Travel Cos Report 20%-30% Booking Cancellations-Report 4:20PM
Aussie weakens further against majors; now at 0.6389 versus buck 4:00PM
AP Top Extended Financial Headlines At 4 p.m. EST 4:06PM
AP Top Financial News At 4 p.m. EST 4:06PM
Miami activist moves people into foreclosed houses 4:06PM
 
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