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Oil and gas stocks join broad market retreat
SAN FRANCISCO (MarketWatch) -- Energy stocks headed lower at the open Wednesday, ignoring overnight gains by crude-oil prices to focus instead on weak durable good orders in the U.S. and a 150-point opening drop by the Dow Jones Industrial Average. The Amex Oil Index was down 1.7% at 919 points, led ... more »
MarketWatch.com  –  Nov 26, 2008 2:47 PM [GMT]  –  comment?
found in Business: Markets
Selling dominates at open
Associated Press - November 26, 2008 9:43 AM ET NEW YORK (AP) - Stock prices are lower in early trading. The Dow Jones Industrial Average is down 137 points after the opening bell.
LocalNews8.com  –  Nov 26, 2008 2:43 PM [GMT]  –  comment?
found in Local: Idaho: Idaho Falls
Airline stocks backslide with wider market
NEW YORK (MarketWatch) - Airline stocks took a hit Wednesday with higher oil prices and a market spooked by new recessionary data. At last check, the Amex Airline Index shed 2.5% to 19.11 points with all but two of its 13 components trading down. Oil futures gained $1.55 to $52.32 a barrel, bolstere ... more »
MarketWatch.com  –  Nov 26, 2008 2:39 PM [GMT]  –  comment?
found in Business: Markets
U.S. stocks start lower as economic data illustrates slump
NEW YORK (MarketWatch) -- U.S. stocks opened lower on Wednesday, snapping a three-day winning streak, after downbeat data, including an unexpectedly sharp drop in orders for U.S. durable goods. The Dow Jones Industrial Average fell 158.82 points to 8,320.65. The S&P 500 shed 15.32 points to 842 ... more »
MarketWatch.com  –  Nov 26, 2008 2:37 PM [GMT]  –  comment?
found in Business: Markets
Photo from Yahoo! Wall St futures point lower, econ data in focus
Reuters - Futures for the S&P 500, the Dow Jones industrial average and the Nasdaq 100 are down 0.7-1.2 percent on Wednesday.
Yahoo!  –  Nov 26, 2008 11:05 AM [GMT]  –  comment?
found in Business
Porsche sees VW stake staying below 50% in 2008: report
LONDON (MarketWatch) -- Porsche CEO Wendelin Wiedeking said Wednesday that it's increasingly unlikely the firm will raise its stake in Volkswagen to more than 50% in the remainder of the year, due to the worsening financial crisis, according to a Dow Jones Newswires report. Wiedeking said the s ... more »
MarketWatch.com  –  Nov 26, 2008 09:30 AM [GMT]  –  comment?
found in Business: Markets
Cnooc in talks with Anadarko on South China Sea block:Report
HONG KONG (MarketWatch) -- Chinese oil major Cnooc is in talks with Anadarko Petroleum Corp. to farm into an exploration block in the South China Sea currently being developed by the U.S. oil firm, according to a report Wednesday. Dow Jones Newswires reported that the talks mark a departure from its ... more »
MarketWatch.com  –  Nov 26, 2008 07:48 AM [GMT]  –  comment?
found in Business: Markets
Photo from Yahoo! No 'campaign' against Singapore judiciary: Dow Jones
AFP - The publisher of the Wall Street Journal Asia denied on Wednesday that it has engaged in a campaign against Singapore's judiciary.
Yahoo!  –  Nov 26, 2008 05:12 AM [GMT]  –  comment?
found in World: Asia
Nov. 26, 1894: Cybernetics Pioneer Norbert Wiener Born
1894: Norbert Wiener is born in Columbia, Missouri. A child prodigy, he goes on to become one of the 20th century's most famous mathematicians and the founder of the discipline of cybernetics, the study of self-regulating systems.Norbert's father, Leo Wiener, was a lecturer (and later prof ... more »
Wired News  –  Nov 26, 2008 05:00 AM [GMT]  –  comment?
found in Technology
Wall Street extends Dow's rally to third day
NEW YORK (AP) -- Wall Street showed some signs of stability Tuesday as investors, heartened by government plans to aid consumer lending companies, selectively bought more stocks following a huge two-day rally. Gains in blue chips gave the Dow Jones industrials and the Standard & Poor's 500 ... more »
AP  –  Nov 26, 2008 03:09 AM [GMT]  –  comment?
found in Business