Archive for March 27th, 2012

The $3.7 Trillion Question: Will Firms Start Spending?

March 27, 2012

That $3.7 trillion in cash still sitting on corporate America’s balance sheet could be the key to whether Wall Street can sustain its dramatic five-month surge.

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Homebuilder stocks have a good day

March 27, 2012

Lennar Corp., which builds homes, pulled housing stocks up Wednesday after reporting earnings that beat Wall Street expectations. Lennar gained 4.7 percent, best among stocks in the Standard & Poor’s 500.

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How the major US stock indexes fared on Tuesday

March 27, 2012

Major stock indexes dipped Tuesday as weak readings on consumer confidence gave investors little reason to extend the recent rally. Stocks opened higher, then pulled back after 10 a.m., when the Conference Board said its index of consumer confidence slipped in March.

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Market Snapshot: U.S. stocks retrench after steep rally

March 27, 2012

Stocks fall as Wall Street offers a muted reaction to the day’s economic data and takes a break after the past months’ rally.

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Energy Stocks: Total SA falls 7% on North Sea gas leak

March 27, 2012

Coal shares track mostly lower on new EPA rules proposed for power plant emissions, as energy-sector stocks mainly drop.

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U.S. stocks end near day’s lows after prior rally

March 27, 2012

U.S. stocks ended near session lows on Tuesday in what analysts characterized as a natural pullback from the past session’s and quarter’s steep gains. The Dow Jones Industrial Average fell 43.90 points, or 0.3%, to 13,197.73, with Chevron Corp. and Caterpillar Inc. contributed the most to the point loss.

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Stocks to Benefit from Housing Recovery: Analyst

March 27, 2012

Lennar’s better-than-expected earnings on Tuesday has reinforced one analyst’s positive view of the housing market’s recovery. In a CNBC interview, he detailed a few stocks that could rise alongside the climbing housing market.

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Market Extra: Lennar, housing stocks rally amid signs of bottom

March 27, 2012

U.S. housing stocks rise on Tuesday after Lennar Corp, one of the sector’s largest firms, said that it is seeing encouraging signs in new orders and improving margins.

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Stocks trade mixed after consumer report

March 27, 2012

Stocks are flipping between small gains and losses in afternoon trading Tuesday. The Dow Jones industrial average edged down 9 points to 13,232 as of 1:40 p.m. Bank of America fell 2.4 percent, the biggest drop in the Dow.

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Most active New York Stock Exchange-traded stocks

March 27, 2012

A look at New York Stock Exchange 10 most-active stocks at 1 p.m.: American International Group rose 4.4 percent to $30.35 with 16,563,600 shares traded.

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