Archive for October, 2011

S.African stocks end bumper month on weak note

October 31, 2011

* Top-40 falls 1.85 pct, but gains 10 pct for month* Stocks book strongest month since mid 2009* Lower commodity prices weighed on miners.* Harmony up on above-forecasts Q1 resultsBy Tiisetso MotsoenengJOHANNESBURG, …

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11 Growth Names Getting Strong Support

October 31, 2011

Retail investors should track stocks that have rallied in heavy volume, and be patient, says Amy Smith, who warns against chasing stocks that are extended too far beyond technical buy points.

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UPDATE 1-Kenya stocks hit 10-week high, shilling firms

October 31, 2011

* Stocks rise 1.7 pct, gains seen short lived * Shilling reverse losses after cbank sells dollars * Markets expect further monetary tightening on Tues. (Adds markets close, stocks) By Beatrice Gachenge …

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U.S. Stocks Slide

October 31, 2011

U.S. Stocks Slide U.S. stocks dropped as caution ahead of some key readings on the domestic economy this week prompted investors to sell, cutting into this month’s sharp rally. Stocks Going By the Book More from MarketBeat Data: Overview | Treasurys | Forex | Crude

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Stocks Drop as Dollar Gains; MF Remains Halted

October 31, 2011

Stocks extended their gains Monday, giving back some of its strong gains in the previous week, as the U.S. dollar shot up to a three-month high against the yen after the Japanese government intervened in the market to curb its currency’s appreciation.

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Dow Corning Reports Increased Sales, Flat Net Income in Third Quarter of 2011

October 31, 2011

Dow Corning Corp. today announced sales of $4.91 billion and net income of $547 million through the first three quarters of 2011. Sales in the third quarter increased 10 percent compared to last year’s third quarter as demand continued to grow despite global economic volatility.

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Alcoa Inc. down 4.3%; Stocks fall in U.S.

October 31, 2011

Alcoa Inc. down 4.3%; Stocks fall in U.S.

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Wall Street falls with commods, cooling on Europe

October 31, 2011

Stocks fell at the open on Monday as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.

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US STOCKS-Wall St falls with commods, cooling on Europe

October 31, 2011

* S&P on track for best month in almost 25 years* Copper prices slide nearly 3 percent* N.Y. Fed suspends MF Global, shares halted* Indexes off: Dow 1 pct, S&P 1.2 pct, Nasdaq 1.1 pctBy Rodrigo Campos …

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Tech Stocks: Tech stocks fall as global worries weigh

October 31, 2011

Concerns about Italy’s debt at heart of broad selling spree

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