Stocks are higher amid good news on retail sales
Stocks are slightly higher in early trading as investors returning from a long holiday weekend respond to good news on retail sales.
Data released Monday shows shoppers opened their wallets more this holiday season, a good sign that consumers are feeling better about the economy.
Keeping the market’s gains in check, airline stocks are falling after two security incidents this weekend.
Stocks are lower amid weak home sales data
Stocks are giving up early gains Wednesday after a report showed sales of new homes unexpectedly fell last month.
The Commerce Department says new home sales fell 11.3 percent in November to their lowest level since March. The market had rallied a day earlier after sales of existing homes rose much faster than expected last month.
New home sales fell to a seasonally adjusted annual rate of 355,000, the lowest level since March. Economists had forecast sales would rise to 440,000.
Stocks are higher following gains in overseas markets and a spat of merger news
Another wave of corporate mergers has sent stocks higher in early trading Monday.
French drug maker Sanofi-Aventis SA is buying health care products company Chattem Inc. for $1.9 billion, while mining equipment maker Bucyrus International Inc. is buying Terex Corp.’s mining equipment division for $1.3 billion. Meanwhile Dutch auto maker Spyker Cars submitted a new offer to buy Saab from General Motors Co.
Stocks added to modest gains from Friday that followed upbeat earnings reports from business software company Oracle Corp. and BlackBerry maker Research In Motion Ltd.
Stocks are higher as technology earnings boost hopes that companies will post revenue gains
Stocks rose early Friday as better-than-expected earnings reports from technology companies raised hopes that companies could begin boosting revenue.
Software titan Oracle Corp. and BlackBerry maker Research In Motion Ltd. each reported strong earnings that beat analysts’ expectations after the markets closed Thursday.
AUSTIN, Texas–(BUSINESS WIRE)–SmallCapVoice.com, Inc. announced today that a new audio interview with VEGA PROMOTIONAL SYSTEMS, INC. (Pink Sheets: VGPR) is now available. The interview can be heard at http://smallcapvoice.com/blog/12-17-09-audio-interview-with-vega-promotional-systems-inc-otcpk-vgpr/.
Podcast: Download (Duration: 14:56 — 13.7MB) | Embed
Michael K. Molen, Chairman of Vega Promotional Systems, Inc. (OTCPK: VGPR), called in to SmallCapVoice.com to up date his shareholders and the SCV listeners on the Company’s recent news regarding the Joint Venture Agreement to build a biomass production facility in the South American country of Brazil, the Joint Venture Agreement to build multiple manufacturing plants throughout China to produce alternative energy using torrefaction technology and how Vega now has active projects under way in Western Indiana and South Georgia.