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Roswell Daily Record in Roswell, New Mexico

23 May 2013

Page 16

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Roswell Daily Record May 23, 2013 Page 16 old newspaper archives

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Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

May 23, 2013

Page

16

Stocks fall as Fed minutes hint at June stimulus tapering

U S stocks slide after Fed minutes show several policymakers open to cutting stimulus as early as June if the economy improves, despite Bernanke testimony signaling caution. Dow down 33 to 15,354. S&P 500 at 1,659. Nasdaq -32. Gold and oil retreat. home sales beat forecasts.

MENTIONED IN THIS ARTICLE

New York Federal Reserve Fed Congress Ben Bernanke Bernanke David Kelly J.P. Morgan Standard and Poor Central Bank U.S Sachs New York Post Goldman Sachs Saks James Bullard St. Louis Germany New York Mercantile Exchange York(ap Ee Mercantile Exchange EkotAm Allnevg Micront SPDR iShJapn Rentech Cisco ZaleCp Vicon Cleantech NoAmEng Fstwv Barnwell GenFin An He 'T Hug Dac Dan Gaiam SparkNet Whitinger Univensur Lakevnd RareEleg FX Ener SolarWinds PacBeMg RealSolar Hees TueHms NY Harbor Dow Jones Industrials Dow Jones Transportation Dow Jones Abilities NYSE S&p Wilshire Russell Atat Inc Merck PNM Res ECG Res EngyTetr
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Target reports 29 percent drop in first quarter profit

Target Corp posts a 29 percent fall in Q1 profit as cool spring weather and higher payroll tax erode consumer spending. The Minneapolis headquartered retailer cuts its annual profit outlook, noting a weak job market and cautious consumer behavior while arguing the macro environment remains uncertain.

MENTIONED IN THIS ARTICLE

New York Target Corp Minneapolis Target Wal-Mart Stores Inc Gregg Steinhafel Investors
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Fossil Free movement targets college endowments to curb fossil fuels

More than 200 colleges explore divestment from fossil fuel firms to slow climate change. Skeptics question impact and feasibility, noting fossil fuels power the global economy and endowments’ losses may be small. Stanford, Harvard, HSBC and S&P warn endowments face limited effect from divestment.

MENTIONED IN THIS ARTICLE

Swarthmore, Pa Sophie Harrison Stanford University Associated Press S&f Capital IQ U.S Fossil Free Stanford Harvard University Harvard HSBC Citibank Standard & Poor's Wall Street Fadel Gheit Oppenheimer & Co Daniel Schrag Center For the Environment
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Also Mentioned on This Page

News Fed Stephen Carl Williams Capital Group National Association of Realtors Bristol-Myers Squibb Citigroup Gregg Maloney John Panin New York Stock Exchange Steinhafel Chicago Merchantile Exchange Dun N.Y Chicago Board of Trade York
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