Highlights
A collection of news and information related to Stocks published by Tribune Company sources.
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Unemployment tops 6% for first time in five years
Los Angeles Times Staff WriterThe unemployment rate spiked to 6.1% in August, much higher than anticipated and the first time in five years that it has topped 6%, the Labor Department reported today. The economy has shed jobs for eight straight months, the data showed, with the...Tags: Industrial Production, Political Candidates, John McCain, Economic Policy, Machine Manufacturing
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Stocks ravaged on retail, jobs woes
Tribune NewspapersThe stock market tumbled Thursday as a raft of new data showed the economy remains weak despite a recent reprieve in energy prices. The Dow Jones industrial average sank almost 350 points after a jump in jobless claims and lackluster retail sales...Tags: Upstream Oil and Gas Activities, Gymnastics, Energy, Economic Indicator, Lehman Brothers Holdings Incorporated
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Wall Street bummer
Of The Associated PressWall Street plunged Thursday, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. The market...Tags: Gold and Precious Material, KB Home, Citigroup Incorporated, Freddie Mac, Marketing
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Economic fears batter stocks
The Associated PressDejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. The market was...Tags: Marketing, Wal-Mart Stores Inc., Stock Activities
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Environment continues to be tough in retail
Many retail chief executives were speaking at a Goldman Sachs conference as they released their August sales results. A few themes were repeated throughout the presentations: Consumers are making their purchases closer to when they need them, a trend...Tags: Sales, Real Estate Sales, Wal-Mart Stores Inc., Consumer Electronics Industry, JC Penney Company Incorporated
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Dow drops 340 on jobless, spending reports
Dejected investors sent stocks plunging yesterday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. The market was...Tags: Marketing, Wal-Mart Stores Inc., Stock Activities, New York Mercantile Exchange
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Dow drops more than 340 on retail sales reports, jobless data
The Associated PressWall Street plunged today, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. The market was...Tags: Petroleum Industry, Gold and Precious Material, Marketing, Freddie Mac, Mutual Funds
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Telephone data, U.S. Cellular to bolt the Amex for the NYSE
Tribune reporterTelephone and Data Systems Inc. and its majority-owned U.S. Cellular Corp. said both companies intend to switch the listing of their shares from the American Stock Exchange to the New York Stock Exchange. TDS, a Chicago telephone company, controls...Tags: New York Stock Exchange, Telephone and Data Systems Incorporated, Consumer Electronics Industry, Stock Broking, Financial Markets
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CME, Osaka exchange to discuss joint products
By Chicago Tribune staffCME Group Inc., in a move aimed at expanding the Chicago Mercantile Exchange parent's international presence, said Wednesday that it signed a memorandum of understanding with Osaka Securities Exchange Co. of Japan on a plan that calls for the exchanges to...Tags: Global Expansion, Society, Stock Activities, Ceremonies, New York Mercantile Exchange
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Investors troubled despite upbeat data
Wall Street finished mixed, with investors still unsettled about the economy ahead of Friday's employment report and only somewhat relieved about sliding commodities prices. Better-than-expected data about factory orders was offset by automakers...Tags: Federal Reserve, Economy, Ryan Beck & Company Incorporated, Employment
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Defense segment props up Navistar
Chicago Tribune reporterNavistar International Corp., helped by its fast-growing defense segment, reported fiscal third-quarter earnings late Wednesday that far surpassed analyst expectations. For the quarter ended July 31, the Warrenville-based maker of trucks and engines had...Tags: Armed Conflicts, Accounting and Auditing, Sales, New York Stock Exchange, Ford
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IN BRIEF
Wall Street finished mixed in fickle trading yesterday, with investors unsettled about the economy ahead of tomorrow's employment report and only somewhat relieved about sliding commodities prices. The Commerce Department gave the market just modest...Tags: Wii, Sales, Federal Reserve, Ford, Video Games
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