Stocks extend gains amid mixed data and rates outlook
U S stocks climbed after a sharp August 8.3 percent drop in new home sales while investors weighed the impact of a larger than expected Fed rate cut. Dow rose to 13,912.94 as S&P 500 and Nasdaq edged higher. bond yields fell. Jobless claims dropped to 298,000, signaling solid labor demand and supporting consumer spending outlook.
MENTIONED IN THIS ARTICLE
New York
Commerce Department
Federal Reserve
Erik Davidson
Wells Fargo Private Bank
Dow
Standard & Poor
Mexico
New York Mercantile Exchange
Dave Hinnenkamp
KDV Wealth Management
Minneapolis
Wall Street
U.S
Fed
Hinnenkamp
Grain futures rally on CBOT wheat corn and soybeans
Prices surged on the Chicago Board of Trade with Wheat for December up 15.75 cents to 9.33 a bushel, December corn up 11.75 cents to 3.8675, December oats up 4.25 cents to 2.8575, and November soybeans up 18.25 cents to 10.09 a bushel.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Stockyards Springfield prices and hog negotiated sales data
Eastern Cornbelt carcass prices show 0.5 to 0.9 inch bf ranges from 48.00 to 62.60 with most values clustered mid 50s. Today's Illinois direct hog purchases total 13,249 with prices 1.00 to 2.00 lower amid moderate demand. Hog weights 300 to over 600 pounds fetch 28.00 to 36.00. boars under 300 pounds 22.00 to 28.00 and over 300 pounds 10.00 to 14.00.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
Med
AM Nuinn
Alcoa Inc
Fifth Third
Lowes
Pier
Walgreens
Burger King
Ford Motor Co
Wal-Mart
All State Canadian Rail
Macy's ProFac Coop
Altria
CAT
Gen. Dyn
McDonalds
Prudential
Watson Pharma
Ameren
CBRL
Halliburton
Metlife
Qualcomm
Wellman
Apple
CIFRA
Harley Davidson
Microsoft
Regions Financial
Wendys
Applied Materials
CINF
Harrah
Mips Technologies
Ryerson Tull
Whirlpool
Archer
Clear Channel
Super Valu
Bob Evans
Devon
Jones Soda
Nat. Banc
Unova
Nysesspc
Boeing
Dillard's
Kinder Morgan
Olin
US Bancorp
BP Amoco
Discover
Pepsi
USG
Kroger Lee Ent
Pfizer
Verizon
Brunswick
DuPont
MorgSta
Motoroli
Mylania
Nyseeur
Nabors
NaziCity
Newmtm
Newscpa
NokiaCp
OcciPet
PepsiCo
Petrolers
ProcGam
Pulter
QwestCm
RiteAid
Slmcp
Schergel
Schimbra
Seagate
Selectra
SwstAirs
SprintNo
StdPac
Itgold
Txucorp
Tyson
Usbancr
Utdhith
Valero
WalMart
Walgrn
Wamart
WellsFargo
WmsCos
Wyeth
Yamana
Freddie Mac settles SEC charges over misrepresented earnings
The SEC accuses Freddie Mac of a four year earnings misstatement and fraud scheme that harmed investors. Freddie Mac will pay 50 million dollars, with four former executives fined and required restitution totaling 275 548 dollars. The firm did not admit wrongdoing and will reform governance.
MENTIONED IN THIS ARTICLE
SEC
Freddie Mac
Washington
Securities and Exchange Commission
David Glenn
Vaughn Clarke
Robert Dean
Nazir Dossani
Richard Syron
Fannie
Freddie
Congress
Linda Thomsen
Wal Mart expands 4 generic prescription program add-ons
Wal Mart Stores Inc expands its 4 generic prescription drug program by about 10 percent adding drugs for glaucoma ADHD fungal infections acne and two birth control drugs plus one fertility drug at 9. The Bentonville company says the move aims to pass savings to customers and broaden health care efforts while critics call the discounts a publicity stunt and say they cover only a fraction of FDA approved generics.
MENTIONED IN THIS ARTICLE
Wal-Mart Stores Inc
Bill Simon
National Community Pharmacists Association
Wal-Mart
Federal Drug Administration
Closing stocks roundup on New York market blurting prices
NYSE listed most active stocks end session with mixed moves as ABBLtd, AmExp, Accenture and ExxonMobil show varied closes. Major names including CocaCola, Microsoft, JPMorganChase, Berkshire Hathaway and WalMart appear among price movements and turnover in theThursday report.
Also Mentioned on This Page
Tim Paradis
Associated Press
Dow Jones
Russell
Nyse Diary
The
Aluullet
Glenn, Clarke
Leland Brendsel
McLean
Camry’s
Newbold
Newbold Price
NYSE
AMR
At&t Inc
Abitibig
Accenture
AMD
Alcatellac
Alcoa
Altrias
Amovill
AmExp
ArchDan
Avaya
B&bai
BcBrades S
BkofAm
Bknymel
Barrickg
BikrkHigh
BostonSci
Citigrp
ClearChan
CocaCl
Coeur
Disney
Domtarglf
DowChm
Emccp
el Paso Cp
EmersnEl
ExxonMbl
Fordm
Gateway
GenElec
GnMotr
HomeDp
ShBrazil
iShlapan
Ishsing
iShTaiwan
ShEmMkt
Isheafe
Jpmorgch
Johnnn
Kbhome
Kinross
Kraft
Lsicorp
Lvsands
LehmanBr
Lennara
Lyondell
Macys
Marathon
Medicnic
Merck
Merrilliyn
Micront
Moodys
Toyota
Central Park Drive
O'Fallon
Newboldcars. Com