Archive for November 4th, 2011

Entergy Corp., which just finished a quarter in which revenue increased only 2 percent, on Friday issued a financial outlook for 2012 that fell below Wall Street expectations.

Analysis of highly active stocks for investors …

Investors were taking few chances Friday while they waited for a confidence vote in Greece on the country’s embattled prime minister. Stocks fell on concerns that the country might not go through with an austerity program needed to prevent a default on its debt.

Investors took few chances Friday while they waited for a confidence vote in Greece on the country’s embattled prime minister. Stocks fell on concerns that the country might not go through with an austerity program needed to prevent a default on its debt.

After being this year’s worst-performing sector in the S&P 500 , financial stocks have lately begun to gain favor as an investment option. Thus did a recent cover story in Barron’s carry the headline “Buy the Banks,” noting, among other things, that such leading denizens of the sector as Citigroup (C) and JP Morgan Chase [...]

* U.S. jobs data called mildly encouraging* Few wealthy nations ready to participate in euro fund* Italy accepts reform monitoring by the IMF* Indexes off: Dow 0.5 pct, S&P 0.6 pct, Nasdaq 0.4 pctBy Edward …

U.S. stocks closed lower Friday, breaking a string of weekly gains as worries about Greece’s future in the euro zone overrode mildly positive U.S. data. The Dow Jones Industrial Average fell 61.23 points, or 0.5%, to 11,983.24, paring losses in the final minutes of the session.

Murphy Oil, Chesapeake slide into the red after jobs report