Wall Street extends rally on earnings and oil drop
A sharp oil price decline and Hewlett-Packard earnings helped markets rise for a third straight session. The day saw a small drop in the leading indicators and mixed results from Sears, Barnes & Noble, Wal-Mart, and BJ’s Wholesale, with HP up and Sears tumbling on weak sales. Investors eyed a possible soft landing as inflation fears ease but labor data warned of potential growth risks.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Hewlett-Packard Co
U.S
Middle East
New York Mercantile Exchange
Sears Holdings Corp
Federal Reserve
Fed
Ken Tower
Schwab
Labor Department
Dow
Hewlett-Packard
Sears profits beat expectations amid hints of big reallocation
Sears Holdings reports stronger Q2 earnings as shoppers spend less. Lampert gains authority to invest surplus cash and signals substantial capital deployment. Analysts see potential big moves beyond improved efficiency, with experts noting downsizing and shrinking market share threaten future profitability and comparing risks to a Titanic slide.
MENTIONED IN THIS ARTICLE
Chicago
Sears Holdings Corp
Edward Lampert
Sears
Lampert
Kmart
Howard Davidowitz
Davidowitz & Associates
George Rosenbaum
Leo J. Shapiro and Associates
Davidowitz
Grain futures mixed as soybeans rise in Chicago trade
Soybean futures climbed in early Chicago activity while grain futures showed mixed moves. Wheat for September delivery edged up to 3.72 a bushel, corn and oats fluctuated with corn dipping and oats gaining, and soybeans rose to 5.52 a bushel under AP.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Stockyards Springfield prices and Illinois hog bids report
Eastern Cornbelt carcass prices per half inch feed basis range from 68.18 to 76.50 dollars with varying weights. Today's Illinois Direct Hogs show 13 096 head traded with prices climbing about two dollars amid moderate demand and heavy offerings. Hog prices by weight span 31.00 to 42.00 dollars, with boars under 300 pounds at 28.00 to 32.00 and over 300 pounds at 12.00 to 15.00.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
New York
Kroger
NYSE
Lsilog Lvsands
AMR
At&tine
Lowes
AbtLab
Lucent
AberFite
Lyondell
AMD
Memc II
Marathon Aetna
Alcoa
Amex
MerrillLyn
Afnclrt
Micront
MillsCp
AnalogDev
Mirant
Annaly
Monsanto
ArchDan
Motorola
Bhpbinlt
Newscpa
BellSouth
NokiaCp
BemaGold
BostonSci
Nucor
Cvscp
Omacre
Carnival
Peabdye
Caterpillar
PepsiCo
ChesEng
Pfizer
Chevron
Phelpsd
Pulter
Cocach
Salesforce
Sara Lee
CilAir
Corning
Schergp
Horton
Schimb
Devone
Seagatet
Directv
SprintNex
Etrade
Itgold
Emccp
Sunoco
ElPasoCo
Sysco
Exelon
Fedrds
TitanMt
Fordm
TollBros
Frontoil
Gap
UtdMicro
Gateway
GenElec
Usbancro
GaMotr
Ussteel
Uldhith
Goldcrp
Valeroe
Goldmans
Goodyear
VerizonCm
Hcalinc
Visteon
Hallibin
VivoPart
Hewlettp
Vodafone
Wachovia
WellsFge
Jabil
Wyeth
Johnnn
Xerox
Kraft
Alcoaine
Coke
Kerr McGee
Regions Financial Altria Group Inc
ConAg
Kinder Morgan
Tull
Pir
CVS Corp
Krager
Sears Holding
Devon
Lee Ent
Southern Co
Dillard's
Southwest
Repled Materials
McDonalds
Sun Micro
Archer
Dollar General
Avaya Financial
DuPont
Metlife
Super Valu Axa
Federated Dept
Microsoft
Anova
Baker Hughes
Fifth Third
Mips Technologies
US Bancorp
Bemis
First Data Corp
Nbty Inc
USG
Bob Evans
Ford Motor Co
Verizon
Ford Motor Cap
Occi
Walgreens
Boeing
BP Amoco
O'Charley's
Wal-Mart
Gen. Dyn
Old Nat. Banc
Wave Wireless Brunswick
Gen. Motors Sur
If Burger King
Halliburton
Olin
Watson Pharma Canadian Rail
Harley Davidson
Pepsi
Wendy's Cat
Harrah's
Pepsi Americas
Whirlpool
CBRL
Harris
Clear Corp
Intel
Pier 1
Wachovia Cifra
Integra
ProFac Corp
Securities, Inc. Cinf
Prudential
Clear Channel
JC Penney Jones Soda Co
Qualcomm
SIPC
Also Mentioned on This Page
BY Michael J. Martinez
THE
Associated Press
Chris Johnson
Schaeffer
Treasury
Dow Jones
Russell
Hustler
Ralph
Elkville
Appoi
Summer's End
Tarkett
Armstrong
Purcell
DeSoto
Levi's
Victorinox
Barr