Manufacturing sector expanded in August
The Institute for Supply Management, or ISM, said Wednesday its monthly manufacturing report showed a stronger-than-expected reading in August. Institute for Supply Management - Manufacturing - Business - Reading - England pheedo.msnbc.msn.com |
Summary Box: Stocks edge down as Fed only hints
[AP] - DOWNWARD DRIFT: Stocks had a brief bump Tuesday following news that the Federal Reserve is ready to help the economy, but the gains faded late in the day after no big new measures were announced. finance.yahoo.com |
Affymax slides on ruling; drug stocks gain
Drug stocks moved higher early Thursday while shares of Affymax Inc. fell 10% in the wake of a negative legal ruling for the company. Late Wednesday, Affymax announced that an arbitration panel found that certain patents associated with the company's experimental drug Hematide are owned or co-owned by Johnson & Johnson . us.rd.yahoo.com |
Outlook fears may overshadow industrial results
Manufacturers enjoyed big gains on Wall Street in the third quarter, outperforming the S&P 500, as signs of a faltering U.S. recovery sent investors piling into companies like Caterpillar Inc and Cummins Inc that generate most of their sales overseas. finance.yahoo.com |
Stocks Lower as European Debt Concerns Linger
The approval of an emergency rescue package to help Ireland weather its financial crisis failed to calm markets. nytimes.com |