news items

Here is a recap of the top news items from this week on Wall Street: 1. Most stocks traded lower throughout Friday's session despite much better-than-expected gains in nonfarm, private and manufacturing payrolls.

Nonfarm gains totaled 200,000, above the 155,000 expected by economists. The reading for November was revised lower from 120,000 to 100,000.

Private-sector payrolls added 212,000 positions, compared to a gain of 120,000 in November. The employment rate fell from a revised reading of 8.7 percent in November to 8.5 percent. 2.

Here is a recap of the top news items from this week on Wall Street: 1. Apple (Nasdaq: AAPL) shares tumbled almost 7 percent this week following the company's first quarterly miss in seven years.

EPS were $7.05 on revenue of $28.27 billion, both missed views calling for earnings of $7.28 per share on revenue of $29.45 billion.

Still, guidance looked strong -- something which Apple does not usually offer its loyal shareholders. Apple expects to report Q1 EPS of $9.30, above the Street estimate of $8.98.

Sales are expected to be $37 billion, better than the $36.63 billion expected from

Here is a recap of the top news items from this week on Wall Street: 1. The Dow Jones sunk more than 250 points on Friday following one of the worst readings on the job market since the start of the recovery in early 2009.

Data from the Labor Department showed the U.S. added zero jobs in August, well short of the 68,000 jobs economist had expected.

July was revised from a gain of 117,000 jobs to a gain of 85,000. Private payrolls rose 17,000, versus the consensus of 95,000.

Manufacturing payrolls were down 3,000, versus the consensus of flat. The

Here is a recap of the top 10 news items from this week on Wall Street: 1. The stock market had a horrendous week, period.

After declining more than 4 percent last week, the US's major averages plunged another 6 percent this week.

The Dow fell to as low as 11,139. While Friday's session was extremely volatile, the most action seemingly came on Thursday when the Dow sank by more than 500 points. 2.

Italy and Prime Minister Berlusconi garnered the most headlines out of Euro this week as the nation is aiming to avoid as much of the debt-contagion fears

Here is a recap of the top news items from this week on Wall Street: 1. Despite falling on both Monday and Tuesday (down about 0.7% from last Friday's close), stocks finished the week on a very strong note.

The S&P 500 rallied about 2.8% over the week, but by more than 4% from the lows set on Monday. The index rose 26 points on Wednesday, and another 15 points on Thursday.

The real surprise, however, came on Friday when, despite what was some of the worst data the Street has received in a while (a very weak employment report), stocks

Here is a recap of the top news items from this week on Wall Street: 1. The bidding war for 3Par (NYSE: PAR) was unprecedented this week.

On Monday, HP (NYSE: HPQ) launched a rival $24/share bid for 3Par, topping a $18 bid from Dell (Nasdaq: DELL).

By the end of the week, HP raised its bid for 3Par to $30 per share. Dell matched it. Shares of 3Par closed the week at $32.46 on hope for an even higher bid.

Amazingly, shares of PAR were at just $9.65 on August 13th. 2. In a speech in

Here is a recap of the top news items from this week on Wall Street: 1. To start the week, the EU announced a nearly trillion dollar bailout plan to stop the debt contagion fears that have gripped Europe sparked by problems in Greece.

Stocks soared early in the week on the news, only to give up much of those gains as many realize the problems in the Eurozone are far from over.

The euro continued to plummet against the dollar, falling as low as $1.2361 - an 18 month low. 2. Gold rose to a new all time high

Here is a recap of the top news items from this week on Wall Street: 1. Retail sales improved by 0.3 percent in February, while economists had been looking for a 0.2 percent decrease for the month.

The latest data shows that shoppers may in fact be opening their wallets, and in turn helping the economy emerge from the "Great Recession" that has struck the country.

Excluding autos, retail sales jumped in February by 0.8 percent, well ahead of the 0.1 percent increase that economists had projected, while excluding auto sales rose 0.5 percent in January, revised down from

I was just reviewing some of the "Recent Key News" items from the main page and couldn't help but laugh.

Here is a recap of the top news items from this week on Wall Street: 1. Following several days of rumors related to the possible bailout of the country, the EU finally agreed to a deal to support Greece.

The real story, however, is that the organization is providing no details related to the deal. Details are expected after all 27 members of the EU nations meet. 2.

The central bank in China said Friday that it is raising the share of deposits that banks are required to keep in reserve -- for the second time in a year -- in