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Trader's Blog
SymbolLastChange
CRB233.78-8.42
USD$87.068+0.451
Bonds128.781250+1.296875
Crude Oil49.85-4.90
Nat. Gas6.429-0.081
Gold771.44-40.36
Dow Indu8451.35-377.69
Nasdaq1451.77-83.80
S&P500846.39-49.85
VIEW PORTFOLIO
Taxing cigarettes a hot topic again in Mississippi 1 minute ago
Here's a prediction: The 2009 Mississippi Legislature is going to fight over a cigarette tax increase.... more

FBI: Birmingham Mayor arrested on federal charges 1 minute ago
The mayor of Alabama's largest city, a player in a multibillion dollar sewer bond deal that drove the surrounding county to the brink of bankruptcy, was arrested on Monday on federal criminal charges, an FBI spokesman said.... more

Court: Swiss can hand over bank files in BAE probe 3 minutes ago
Switzerland can hand over bank documents to British authorities investigating whether arms manufacturer BAE Systems PLC bribed Czech politicians to gain a lucrative contract for the sale of fighter jets, the Federal Criminal Court said Monday.... more

Analysis: Lawmakers know little about La. budget 3 minutes ago
The more Louisiana lawmakers talk about the state budget, the more it becomes clear a slew of them had very little idea what they approved in this year's nearly $30 billion spending plan.... more

Stocks Seeing Continued Weakness In Late Morning Trading - U.S. Commentary 11 minutes ago
With traders cashing in on the strong gains that were posted last week, stocks have moved sharply lower over the course of morning trading on Monday. The major averages have all shown notable declines, with the Dow giving back ground after closing higher in the five previous sessions. ... more

Bankrate gains on upgrade despite market slump 5 minutes ago
Shares of consumer finance Web site operator Bankrate Inc. gained Monday following an analyst upgrade, even as the broader market slumped on worries about consumer spending during the holidays.... more

Clearwire to market WiMax under "Clear" brand 11 minutes ago
Newly merged company Clearwire Corp. says it plans to sell its wireless broadband service under the brand name of "Clear."... more

Blue Nile declines with market on spending woes 11 minutes ago
Shares of Blue Nile Inc. declined on Monday as investors remained concerned about consumer spending and the upcoming holiday season and an analyst lowered his price target on the online jewelry retailer because of weakness in the sector.... more

AIG sells AIG Private Bank to Abu Dhabi firm 19 minutes ago
American International Group Inc. on Monday said it has agreed to sell its wealth management arm AIG Private Bank Ltd. to Aabar Investments PJSC of Abu Dhabi.... more

Dominican Republic gives out free food, appliances 21 minutes ago
The Dominican Republic is distributing $28 million worth of free food and electrical appliances to impoverished families this holiday season.... more

Stocks fall sharply on consumer spending worries 21 minutes ago
Investors uneasy about the holiday shopping season gave Monday back some of Wall Street's recent gains, sending the Dow Jones industrial average down more than 400 points.... more

Midwest, Plains economic index drops again 21 minutes ago
A Nebraska economist says he sees signs that the regional recession will rival the 1981-82 recession for unemployment.... more

Analysis: Kansas lawmakers will learn to say no 21 minutes ago
For most Kansas legislators, their least favorite word is 'no' _ as in "no, you can't do this" or "no, you can't have that."... more

Customers stew as kosher meat gets scarce 23 minutes ago
Rabbi Moishe Silverman stood taking inventory of a meat freezer at South Florida Kosher, the supermarket and butcher shop where he works. Dressed in a yarmulke and tie and wearing a plastic apron over his white butcher jacket, he surveyed the piled boxes of chicken and beef.... more

AP Top Extended Financial Headlines At 11:15 a.m. EST 21 minutes ago
Stocks fall sharply on consumer spending worries, downbeat data on manufacturing, construction... more

AP Top Financial News At 11:15 a.m. EST 21 minutes ago
Stocks fall sharply on consumer spending worries... more

AP Top Extended Financial Headlines At 11:14 a.m. EST 23 minutes ago
Stocks fall sharply on consumer spending worries, downbeat data on manufacturing, construction... more

AP Top Financial News At 11:14 a.m. EST 23 minutes ago
Stocks fall sharply on consumer spending worries... more

Dollar gains on grim data from home, overseas 23 minutes ago
The dollar mostly rose Monday as a flurry of dour economic reports prompted investors to buy up the buck as they exited stocks and riskier overseas currencies.... more

Holiday shopping season off to a modest start 23 minutes ago
The Thanksgiving shopping weekend may not have been the disaster some had feared, but unprecedented discounts and tempered buying likely resulted in overall soft sales as a buying binge on Friday quickly fizzled. Now, online retailers are ramping up deals to turn skittish shoppers into "Cyber Monday" spenders.... more

Ford weighs selling Volvo amid industry downturn 23 minutes ago
Ford Motor Co. is considering selling Volvo Car Corp. as the struggling US automaker seeks to raise cash and weather a global automotive sales crisis.... more

Host Hotels shares drop sharply after downgrade 23 minutes ago
Shares of Host Hotels & Resorts Inc. dropped sharply on Monday after an RBC Capital Markets analyst downgraded his rating on the real estate investment trust to "Sector Perform," citing a drop in demand for high-price hotel rooms.... more

MARKET TALK: Comex Copper Holding Despite Wider Mkt Declines 7 minutes ago
Copper futures are holding their ground despite declines in the euro, sharp drops in US equities and plunging precious metals prices, a trader says. Other base metals are also holding up fairly well despite risk shedding in other markets, he says. Comex March copper is down 2.15 cents at $1.6280 a pound. (MWH) ... more

Sector Snap: Department stores slide 23 minutes ago
Even strong sales on Black Friday weren't enough to boost analyst and investor hopes for a strong holiday shopping season at department stores, leading to big stock price declines in the sector on Monday.... more

Allegheny Energy moves forward with WVa center 25 minutes ago
Allegheny Energy says it has purchased land near Fairmont for its new multistate transmission operations headquarters.... more

At Least Six Injured in Explosion Outside Turkey's Ruling Party Office 27 minutes ago
A bomb explosion outside the headquarters of Turkey's ruling party, the Justice and Development Party (AKP), in the Sisli district of Istanbul has injured at least six people, said officials and local media reports on Monday.... more

FDA: Novartis malaria pill shows superior results 25 minutes ago
Federal regulators said Monday a combination drug from Novartis to treat malaria works better than older drugs already on the market.... more

SunPower signs deal with Germany's City Solar 25 minutes ago
Solar company SunPower Corp. on Monday said over the next three years it will provide solar products to German solar power plant integrator City Solar Kraftwerke AG.... more

Ill. budget troubles raise plenty of questions 25 minutes ago
Illinois government faces a budget crisis. A big one. The deficit is growing, bills are piling up, state services are being cut and officials have no easy ways of cleaning up the mess.... more

Pound Falls Further Against Majors 33 minutes ago
The British currency declined further against its major counterparts in New York morning trading on Monday. The pound fell to new multi-day lows against the US dollar, Swiss franc, yen and the euro during the same session. Some economic reports were released from the UK during European session today. ... more

Oregon's economic question: Do public works work? 11:10AM
FBI: Birmingham Mayor arrested on federal charges 11:08AM
AP Top Financial News At 11:03 a.m. EST 11:18AM
AP Top Extended Financial Headlines At 11:03 a.m. EST 11:18AM
Stocks fall sharply on consumer spending worries 11:08AM
AP Top Financial News At 11:03 a.m. EST 11:08AM
AP Top Extended Financial Headlines At 11:03 a.m. EST 11:08AM
Sector Snap: Airlines fall with broader market 11:06AM
Oil tumbles on more weak economic signals 11:06AM
AP Top Extended Financial Headlines At 11 a.m. EST 11:06AM
AP Top Financial News At 11 a.m. EST 11:06AM
New York Fed launches search for new president 11:06AM
Rice to visit New Delhi, as India toughens stance on Pakistan 11:00AM
Treasuries Extending Recent Upward Move Amid Continued Economic Concerns 11:00AM
j2 Global buys MailWise, parts of Mijanda 11:04AM
World markets drop on mounting economic gloom 11:02AM
Parents: Slain anchorwoman was sexually assaulted 11:02AM
Clearwire to sell WiMax under "Clear" brand 11:02AM
UDR secures 10-year, $400 million Fannie Mae loan 11:00AM
Report: NYC water plant price doubles in 5 years 10:58AM
MARKET TALK: ICE Cocoa Falls After ICCO Raises Output Outlook 11:12AM
AP Top Extended Financial Headlines At 10:50 a.m. EST 11:06AM
AP Top Financial News At 10:50 a.m. EST 11:06AM
Stocks fall sharply on consumer spending worries 10:58AM
ISM Manufacturing Index Falls To 26-Year Low In November 10:50AM
Mexican remittances jump 13 pct as peso weakens 10:54AM
3rd UPDATE:Merkel:To Keep Options Open To Fight Econ Downturn 11:08AM
FBI: Birmingham Mayor arrested on federal charges 10:50AM
Amid recession fears, W.Va. braces for winter 10:50AM
Sending spam in Israel could mean a big fine 10:50AM
Resource Stocks Lead Sharp Declines On Bay Street - Canadian Commentary 10:46AM
Pa. chopping block grows as deficit gets bigger 10:48AM
Stocks Seeing Substantial Weakness Following Recent Strength - U.S. Commentary 10:44AM
Dow finalizes K-Dow venture with Kuwait company 10:46AM
FBI: Birmingham Mayor arrested on federal charges 10:44AM
Russian purchase of Serbian oil company in doubt 10:42AM
AP Top Financial News At 10:38 a.m. EST 10:54AM
AP Top Extended Financial Headlines At 10:38 a.m. EST 10:54AM
October construction spending drops 1.2 percent 10:42AM
New York Fed launches search for new president 10:42AM
Minn. officials deliver budget news on Thursday 10:40AM
Early Glance: Utilities companies 10:38AM
Early Glance: Telecom companies 10:38AM
Early Glance: Specialty Retail companies 10:38AM
Early Glance: Staffing companies 10:38AM
 
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