SAN FRANCISCO (MarketWatch) — Shares of Great Atlantic & Pacific Tea Co. , parent of the money-losing A&P supermarket chain, plunged 62% to $1.08 in Friday morning trading. Bloomberg reported the New Jersey-based supermarket operator may soon file for bankruptcy. Executives at A&P had said Oct. 22 they were several weeks away from inking a [...]
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A&P shares plunge on bankruptcy speculation
December 10th, 2010
davidguide
Posted in Business Structures
Tags: amp, Atlantic, bankruptcy, filing bankruptcy, food emporium, MarketWatch, New Jersey, pacific tea co, plunge, SAN FRANCISCO, Shares, speculation, Stories, supermarket, supermarket chain, supermarket operator, time
Comments OffFed buys $1.63 bln in inflation-linked debt
December 8th, 2010
davidguide NEW YORK (MarketWatch) — The Federal Reserve Bank of New York bought $1.63 billion in Treasury debt on Wednesday, the latest operation of the Fed’s second round of quantitative easing to support lending and spending. The amount includes purchases to be made under a previous program to reinvest cash from its maturing mortgage-related holdings back [...]
Posted in Business Structures
Tags: $1.63, buys, debt, Fed, federal reserve bank, federal reserve bank of new york, inflationlinked, market, market pulse, MarketWatch, NEW YORK, news, short news, Stories, Treasury's
Comments OffDiller steps down from role as IAC CEO
December 2nd, 2010
davidguide CHICAGO (MarketWatch) — Media mogul Barry Diller will step down from his role as chief executive of IAC/Interactive Corp. , the company said Thursday, as Diller assumes the positions of chairman and senior executive. “It’s been clear to me for some time that this company needs a full time aggressive and aspirational executive in the [...]
Posted in Business Structures
Tags: Barry Diller, CEO Greg Blatt, ceo role, CHICAGO-, com, Diller, Down, Executive, From, IAC, iac interactive corp, John Malone, liberty media corp, MarketWatch, Media, media mogul, news, role, steps
Comments OffHarman jumps 7% on upgrade
December 1st, 2010
davidguide SAN FRANCISCO (MarketWatch) — Harman International shares jumped more than 7% to $46.69 early Wednesday after J.P. Morgan upgraded the high-end audio systems maker to overweight on increased demand for luxury cars and improved margins. The broker also raised the price target on Harman shares to $52 from $39. The stock has rallied 33% so [...]
Posted in Business Structures
Tags: Harman, harman international, International, international shares, jumps, market pulse, MarketWatch, Morgan, news, price target, SAN FRANCISCO, short news, Stories, upgrade, Wednesday
Comments OffMortgage rates flat for the week
November 24th, 2010
davidguide NEW YORK (MarketWatch) — Mortgage rates over the past week were largely flat, according to data published Wednesday. Freddie Mac said that 30-year fixed-rate mortgages averaged 4.4%, up from 4.39% the previous week. Fifteen-year fixed-rates were 3.77% compared to 3.76%. Meanwhile, 5-year Treasury-indexed hybrid adjustable-rate mortgages averaged 3.45% in the latest week, up from 3.4%, [...]
Posted in Business Structures
Tags: 1 year treasury, 30 year fixed rate mortgages, 5 year treasury, adjustable rate mortgages, fixed rate mortgages, flat, MarketWatch, Mortgage, NEW YORK, news, Rates, Stories, Treasury-indexed, Week, year
Comments OffCanadian stocks fall amid China worries
November 12th, 2010
davidguide SAN FRANCISCO (MarketWatch) — Canada’s resource-heavy market turned lower Friday as commodities futures across the board slipped in the wake of worries that China may begin to tighten its monetary policy. The S&P/TSX Composite Index fell 78.6 points, or 0.6%, to 12,856.2. Canadian miners took a hit as gold, copper and silver prices all declined. [...]
Posted in Business Structures
Tags: amid, barrick gold corp, Canada, Canadian, China, commodities futures, copper, crude oil futures, fall, gold, goldcorp inc, Index, Ltd, market, MarketWatch, research in motion ltd, SAN FRANCISCO, stocks, Toronto, worries
Comments OffNat gas prices steady after EIA supply report
November 11th, 2010
davidguide SAN FRANCISCO (MarketWatch) — Natural-gas futures remained unchanged after a U.S. government supply report showed an increase within expectations for the week ended Nov. 5. Natural gas for December delivery retreated 2 cents, or 0.4%, to $4.03 per million British thermal units. The Energy Information Administration reported a rise of 20 million cubic feet of [...]
Posted in Business Structures
Tags: after, energy information administration, gas, government supply, increase, information, market pulse, MarketWatch, natural gas futures, news, prices, report, SAN FRANCISCO, short news, steady, Stories, Supply, U.S.
Comments OffTesla shares charge 8% higher on results
November 10th, 2010
davidguide SAN FRANCISCO (MarketWatch) — Tesla Motors, Inc. shares rallied 8% to $26.54 in early trading Wednesday after the electric car maker reported a loss a day earlier that wasn’t nearly as bad as Wall Street had expected. The stock is now up 56% from its IPO price last summer. The gains extend last week’s advance [...]
Posted in Business Structures
Tags: car maker, charge, Higher, Inc., ipo price, market pulse, MarketWatch, news, results, SAN FRANCISCO, Shares, short news, Stories, Tesla, tesla motors inc, trading, Wall Street
Comments OffVolkswagen U.S. Oct. sales jump 17.9% to 20,084
November 2nd, 2010
davidguide SAN FRANCISCO (MarketWatch) — Volkswagen of America, a subsidiary of Germany’s Volkswagen AG , on Tuesday reported its October U.S. sales rose 17.9% to 20,084 vehicles. It sold 5,464 Jettas in its first full month of sales, the best “non-Cash for Clunker” month for the model since 2005, Volkswagen said. Market Pulse Stories are Rapid-fire, [...]
Posted in Business Structures
Tags: 17.9%, 20084, America, Germany, jettas, Jump, market pulse, MarketWatch, month, news, Oct., s sales, Sales, SAN FRANCISCO, Stories, Subsidiary, U.S., Volkswagen, volkswagen ag, volkswagen of america
Comments OffGasoline prices little changed this week: AAA
October 31st, 2010
davidguide WASHINGTON (MarketWatch) — Gasoline prices stand little changed on the week, according to AAA’s latest Daily Fuel Gauge Report. Across the board, average retail prices for regular, midgrade and premium — $2.806, $2.98 and $3.087 a gallon, respectively — are about a penny a gallon less than what they were on Oct. 24, the motoring [...]
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Tags: changed, fuel gauge, gallon, Gasoline, gasoline prices, little, market pulse, MarketWatch, news, prices, short news, Stories, This, travel organization, Washington, Week
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