Stock futures pointed to a relatively flat opening Monday, as investors tread cautiously ahead of the unofficial start to earnings season with a report from Alcoa Inc. Wall Street is expecting fourth-quarter and full-year numbers to be particularly bleak, especially after several companies warned last week that they are being hit hard by the recession. Alcoa, which releases its fourth-quarter results after the market closes Monday, said it would cut 13,500 jobs, or 13 percent of its work force, and sharply reduce production as it struggles with falling demand due to the worsening recession overseas. Analysts are expecting Alcoa to report a loss of 10 cents per share, according to a poll by Thomson Reuters. Both chip maker Intel Corp. and Wal-Mart Stores Inc. offered downbeat forecasts as well last week, adding to investors'... [read full story]
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Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street Wednesday, sending the Dow Jones industrials down nearly 250 points, or...
By SARA LEPRO and TIM PARADIS, Associated Press NEW YORK — Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street Wednesday,...
Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street Wednesday, sending the Dow Jones industrials down nearly 250 points, or...
Jan 14, 2009 4:54 PM (25 mins ago) By SARA LEPRO and TIM PARADIS, AP » 25 mins ago: Stocks tumble as worries grow about banks « This story ranks Not ranked Related Topics: ) - A darkening outlook for companies from banks to...
By SARA LEPRO and TIM PARADIS Associated Press NEW YORK — Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street today, sending...
THE ASSOCIATED PRESS • January 14, 2009 Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street Wednesday, sending the Dow Jones...
By SARA LEPRO AND TIM PARADIS AP BUSINESS WRITERS NEW YORK -- A darkening outlook for companies from banks to retailers to energy producers pummeled Wall Street Wednesday, sending the Dow Jones industrials down nearly 250...
By SARA LEPRO and TIM PARADIS, AP Business Writers Sara Lepro And Tim Paradis, Ap Business Writers – 1 min ago NEW YORK – Volatility is reasserting itself in the stock market. A darkening outlook for companies from banks to...
The Dow Jones industrial average finished Wednesday's session down 248 points after the government issued a dismal reading on retail sales and investors grew increasingly anxious about the banking industry. The Dow has now...
The Dow Jones industrial average finished Wednesday's session down 248 points after the government issued a dismal reading on retail sales and investors grew increasingly anxious about the banking industry. The Dow has now...
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