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INO.com Headlines - AP, Dow Jones and RTT News
Following news that the US government took over control of mortgage giants Freddie Mac (FRE) and Fannie Mae (FNM) on Sunday in a move to bolster the housing markets and protect the financial system, stocks are looking to soar at the open on Monday. ... more Amended: Estonia's Q2 GDP Revised Up to Show 1.1% Year-over-Year Contraction 3 minutes ago Amended: Replaces 1.2% in the headline and story with 1.1%.... more Intel launches speedier, more eco-friendly chips 1 minute ago Intel Corp. on Monday launched four new chips for servers, including one with the highest clock frequency of Intel's current chip family.... more Portugal Q2 GDP up 0.3% on quarter 3 minutes ago Portugal Q2 GDP up 0.3% on quarter... more Ahead of the Bell: Analysts upgrade regional banks 1 minute ago The seizure of Freddie Mac and Fannie Mae is good news for bank stocks, particularly those with exposure to the housing market, analysts said Monday, upgrading shares of several regional banks.... more Portugal Q2 GDP rises 0.7% on year 5 minutes ago Portugal Q2 GDP rises 0.7% on year... more Ahead of the Bell: Nalco upgraded by Goldman Sachs 3 minutes ago A Goldman Sachs analyst upgraded waste and water treatment company Nalco Holding Co. Monday, saying its value proposition appears more positive.... more CIT Group to retain rail car leasing unit 3 minutes ago Financial services firm CIT Group Inc. said Monday it is no longer considering selling its $4.5 billion rail car leasing operation, since it has been able to improve liquidity through other sources of funding.... more Mediacom to buy back some shares from Shivers 3 minutes ago Cable television company Mediacom Communications Corp. said Monday it will buy back 30 percent of its outstanding stock from Morris Communications Co. affiliate Shivers Investments.... more Ahead of the Bell: Prudential upgraded, shares up 5 minutes ago A Friedman, Billings, Ramsey & Co. analyst upgraded his rating on shares of insurer Prudential Financial Inc. on Monday, citing benefits of the government's decision to aide Fannie Mae Freddie Mac.... more Justin Timberlake goes for 'Mr. Sexy Backwoods' 5 minutes ago Justin Timberlake is shaking his "Mr. Sexy Back" reputation for something more like "Mr. Sexy Backwoods."... more US dollar climbs against euro 7 minutes ago The dollar rose against the euro and the British pound Monday, following Washington's announced bailout of mortgage giants Fannie Mae and Freddie Mac _ a move that should help bolster a shaky US housing market and seemed to renew global investor confidence.... more LSE halts trading due to technical glitch 9 minutes ago Trading on the London Stock Exchange Group PLC, the oldest independent exchange in Europe that is facing growing competition from new platforms, was halted Monday because of a computer fault.... more US dollar rises against euro 9 minutes ago The dollar rose against the euro and the British pound Monday, following Washington's announced bailout of mortgage giants Fannie Mae and Freddie Mac _ a move that should help bolster a shaky US housing market and seemed to renew global investor confidence.... more Ahead of the Bell: Mohawk Industries downgraded 11 minutes ago An analyst downgraded shares of carpet and flooring maker Mohawk Industries Inc. on its exposure to weakening US nonresidential and European markets and the stock's summer surge.... more South Korean Consumer Confidence Rises In August 15 minutes ago South Korea's consumer confidence rebounded in August after falling for three consecutive months as a drop in crude oil prices decreased pessimism. ... more Ahead of the Bell: PHH upgraded by FBR 13 minutes ago A Friedman Billings Ramsey analyst upgraded mortgage originator and fleet management company PHH Corp. Monday, predicting lower mortgage rates, more mortgage market liquidity, and the potential for greater refinancing activity following the government bailout of mortgage giants Fannie Mae and Freddie Mac.... more US stock futures surge on plan for mortgage giants 15 minutes ago US stock futures pointed to a huge rally Monday as investors rushed to lay bets on a broad economic recovery following the weekend announcement that the US government plans to bail out mortgage lenders Fannie Mae and Freddie Mac. Stock futures jumped more than 1 percent.... more US government takes on big role in mortgage market 15 minutes ago Uncle Sam has just become the 800 pound gorilla in the US mortgage market. The Bush administration announced Sunday it was seizing troubled mortgage giants Fannie Mae and Freddie Mac in a bid to help reverse a prolonged housing and credit crisis.... more Alberto-Culver buys rights to Noxzema brand 17 minutes ago Alberto-Culver Co., which makes hair care products, said Monday it agreed to buy the rights and trademarks to the Noxzema skin care brand from consumer products company Procter & Gamble Co.... more Washington Mutual ousts CEO Kerry Killinger 17 minutes ago Washington Mutual Inc., ravaged by losses from sour mortgages, replaced Kerry Killinger as chief executive of the nation's largest savings and loan on Monday, adding him to the growing list of banking bosses ousted by their boards.... more Stephen Colbert to have his DNA sent into space 19 minutes ago Should this world ever cease to exist, Stephen Colbert will live on.... more PriceSmart comparable sales up 19 pct in August 21 minutes ago Warehouse club operator PriceSmart Inc. said Monday that its same-store sales rose more than 19 percent in August.... more Expedia signs deal to offer Virgin America fares 21 minutes ago Online travel agency Expedia Inc. said Monday it signed a deal to provide Virgin America's published fares, schedules and inventory to its customers.... more Rockwood Holdings sells pool-chemicals business 23 minutes ago Chemical maker Rockwood Holdings Inc. said Monday it will sell its pool and spa chemicals business to Arch Chemicals Inc. for $130 million in cash.... more US Cash Hogs Pre-Open: Mostly Steady; Some Mixed Undertones 9 minutes ago Loonie stable versus buck as Canadian building permits unexpectedly rise 27 minutes ago The loonie was stable versus the dollar Monday morning in New York after Statistics Canada revealed that the value of Canadian building permits unexpectedly rose in July.... more 3PAR Utility Storage Certified With Microsoft Windows Server 2008 Hyper-V to Deliver Agility and Cost-Efficiency for Utility Computing Environments 1 minute ago 3PAR@ (NYSE: PAR), the leading global provider of utility storage ( http://www.3par.com/products.html ) , announced today support for Microsoft Windows Server 2008 Hyper-V, icrosoft's newest server operating system with built-in, hypervisor-based virtualization. 3PAR Utility Storage and Windows Server 2008 Hyper-V work together to give IT organizations the ability to deliver software and hardware as a service through server and storage virtualization as part of a complete utility computing environment. 3PAR Utility Storage and Windows Server 2008 Hyper-V are designed to deliver a more agile and resilient infrastructure with significantly enhanced capacity utilization and cost efficiency. http://www.3par.com/products.html Server virtualization technologies were developed to deliver improved utilization and simplified management as well as providing datacenters with a more flexible infrastructure. However, in order for the entire virtualized environment to be provisioned quickly and efficiently, both servers and storage must be agile. Windows Server 2008 Hyper-V enables rapid and efficient server consolidation by allowing customers to quickly provision multiple virtual machines that run simultaneously and independently on a single physical server. To complement these efficiencies, customers need to consider a storage infrastructure that offers similar benefits.... more Adidas signs deal with Russian Football Federation 25 minutes ago Adidas AG, the second-biggest sports brand in the world after Nike, has entered a partnership with the Russian Football Union until 2018, the company said in a statement Monday.... more USDA Ark/Louisiana/Tex/Calif Weekly Rice Review - Sep 8 13 minutes ago September 08, 2008 08:32 ET (12:32 GMT)... more Slovak Industrial Output Growth Slows in July 8:34AM Volt completes directory systems and services sale 8:36AM Ahead of the Bell: Analyst upgrades Transocean 8:32AM MTV VMAs find few surprises as Britney steals show 8:32AM Greenback hits new multi-month high verses Czech koruna 8:26AM Ahead of the Bell: Petsmart downgraded 8:30AM Rice: Not wise to end Cuban economic embargo now 8:28AM Owner: Ride's over at Coney Island amusement park 8:28AM Gustav could cost insurers $8BN, says Swiss Re 8:26AM Norwegian Retail Sales Rise In January-April 8:24AM Palin's pastor urges flock to pray for the media 8:26AM Orthofix names Vaters CFO, executive VP 8:24AM Rocket fuel experiment by NASA engineer blows up 8:22AM Chemical Financial to record $7.2M 3Q charge 8:20AM 'Rent' brings down the curtain on Broadway run 8:20AM AP Top Extended Financial Headlines At 8:14 a.m. EDT 8:46AM AP Top Financial News At 8:14 a.m. EDT 8:46AM Czech Current Account Turns To Deficit In Q2 8:16AM ArcSight Solution Delivers Enterprise-Wide Fraud Detection Through Cross-Channel Correlation, Anomaly Detection and Pattern Matching 8:22AM Altria Group buys UST for about $10B 8:18AM AP Top Extended Financial Headlines At 8:12 a.m. EDT 8:18AM AP Top Financial News At 8:12 a.m. EDT 8:18AM 'Bangkok Dangerous' reaches No. 1 in slow weekend 8:16AM US government takes on big role in mortgage market 8:16AM Terminal Hog Markets Called Steady-Sep 8 8:32AM Report Outlines Symantec's Commitment to Green IT, Online Family Safety and Key Privacy and Data Protection Measures for Customers 8:14AM CPF-Enabled Low-Power Design Solution to Enable Energy Efficient Electronics 8:14AM AP Top Extended Financial Headlines At 8:07 a.m. EDT 8:16AM AP Top Financial News At 8:07 a.m. EDT 8:16AM China to review Coca Cola bid for juice maker 8:16AM AP Top Extended Financial Headlines At 8:07 a.m. EDT 8:12AM AP Top Financial News At 8:07 a.m. EDT 8:12AM World stocks soar after Freddie, Fannie bailouts 8:12AM Amedisys buys 6 Home Health Corp. locations 8:12AM AP Top Financial News At 8:04 a.m. EDT 8:12AM AP Top Extended Financial Headlines At 8:04 a.m. EDT 8:12AM PRECIOUS METALS: NY Gold Seen Up $12, Silver Up 25 Cents 8:24AM Ahead of the Bell: McDermott International climbs 8:08AM BW)(GA-SKYWORKS-SOLUTIONS)(SWKS.NASDAQ) Skyworks and Ember Partner to Develop Industry's First Portfolio of Front-End Modules for ZigBee(R) Applications Target Applications Include Smart Meters, Home Area Networks, and 8:10AM BASE METALS: Comex Copper Seen Up 4 To 5 Cents At Pit Open 8:24AM AP Top Extended Financial Headlines At 8 a.m. EDT 8:08AM AP Top Financial News At 8 a.m. EDT 8:08AM Washington Mutual ousts CEO Kerry Killinger 8:06AM Interior Hog Markets Called Mostly Steady; Some Mixed-Sep 8 8:22AM Hungarian trade deficit worsens in July 8:04AM |
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