Archive for the Category ‘Market Pulse’

AIG up on hope government may ease bailout again

AIG up on hope government may ease bailout again

SAN FRANCISCO (MarketWatch) — American International Group shares jumped 10% Monday amid hope the government may ease the terms of its bailout of the giant insurer again. Rep

TJX Cos. board approves $1 bln share buyback

TJX Cos. board approves $1 bln share buyback

SAN FRANCISCO (MarketWatch) — TJX Cos. , operator of the T.J. Maxx and Marshalls chains, said Monday its board approved a $1 billion share buyback program

U.S. stocks trim losses, Nasdaq turns positive

U.S. stocks trim losses, Nasdaq turns positive

SAN FRANCISCO (MarketWatch) — The Nasdaq Composite turned higher Monday, boosted by gains in health-care, consumer staples and consumer discretionary stocks.

Fed buys $4.05 billion in Treasurys

Fed buys $4.05 billion in Treasurys

NEW YORK (MarketWatch) — The Federal Reserve Bank of New York bought $4.05 billion in Treasurys on Monday, the sole buyback this week as the central bank slows down its purchase program.

FCC chief plans to beef up protection of Internet

FCC chief plans to beef up protection of Internet

WASHINGTON (MarketWatch) – The nation’s top regulator of telecommunications networks said Monday he will push for formal rules to protect the Internet from discriminatory practices that could block consumers from accessing certain websites or services. Jules Genachowski, chairman of the Federal Communications Commission, said a free and open Internet remains critical for the future growth of the U.S. economy

Principal Financial downgraded at Bernstein

SAN FRANCISCO (MarketWatch) — Principal Financial Group shares were downgraded to market perform from outperform by Bernstein Research analyst Suneet Kamath on Monday. After a recent rally, the stock may struggle to gain more unless the company is re-valued as a life insurance and asset-gathering hybrid business, the analyst wrote in a note to investors

Dollar adds to gains after leading indicators

Dollar adds to gains after leading indicators

NEW YORK (MarketWatch) — The dollar added on to gains on Monday after the Conference Board reported a smaller-than-expected rise in U.S. leading indicators in August.

U.S. stocks remain under water after economic data

U.S. stocks remain under water after economic data

NEW YORK (MarketWatch) — U.S. stocks on Monday retained the bulk of early losses after the Conference Board reported its index of leading economic indicators rose 0.6% in August. The Dow Jones Industrial Average fell 82.98 points to 9,737.22.

Treasurys stay up after leading indicators gain

Treasurys stay up after leading indicators gain

NEW YORK (MarketWatch) — Treasury prices remained higher on Monday, pushing yields down, after the Conference Board’s index of leading indicators on the U.S. economy rose 0.6% last month. Analysts surveyed by MarketWatch predicted the index would rise 0.7% in August.

U.S. Aug. leading economic indicators rise 0.6%

U.S. Aug. leading economic indicators rise 0.6%

WASHINGTON (MarketWatch) – The U.S. recession is bottoming out and a recovery is near, economists for the Conference Board said Monday after reporting that the index of leading economic indicators rose 0.6% in August, the fifth straight increase. The coincident index – designed to measure current activity – was flat in August after an upwardly revised 0.1% gain in July, the private research organization said