Search by Symbol Advanced Search

ECONOMICS

OFHEO's Lockhart Promotes Increased Regulatory Power
The Office of Federal Housing Enterprise Oversight's managing director James Lockhart discussed the lessons that housing GSEs Fannie Mae (FNM) and Freddie Mac (FRE)...
Economic Round Up -- Consumer Confidence At 28-Year Low, Housing Situation Improves
Friday was another hectic day on the economic front, highlighted by the release of discouraging report on the mindset of the US consumer and a speech on the housing...
Fed's Braunstein Addresses Consumer Protection
The Fed is working on responses to the subprime mortgage crisis in both the immediate, near, and long term, Director of the Consumer and Community Affairs division...

REPORTS

OFHEO's Lockhart Promotes Increased Regulatory Power
The Office of Federal Housing Enterprise Oversight's managing director James Lockhart discussed the lessons that housing GSEs Fannie Mae (FNM) and Freddie Mac (FRE) "must learn" from the current market turmoil, expressing his...
Crude Oil Closes Above $126
Crude oil closed above the $126 a barrel mark on Friday and again added to its record levels. Light sweet crude closed at $126.29, up $2.17 on the day. Oil touched a record high of $127.82 in the early going before easing back...
Dismal Consumer Confidence Reading Weighs On Dollar
The dollar hit the skids against other major currencies on Friday as the release of a report showing that US consumer sentiment dropped to its lowest since 1980 overshadowed a relatively encouraging reading on the housing situation. The...

POLITICS

Zimbabwean Post-Poll Violence 'Spinning Out Of Control', Says US Envoy
James McGee, the US Ambassador to Zimbabwe, said on Friday that the post-election violence in Zimbabwe is "spinning out of control" and warned that it is ....
Dominican Republic Votes To Elect New President
About 5.7 million registered voters in the Dominican Republic went to polls on Friday to elect a new President for the Caribbean country. The sitting ....
Saudi Arabia Rejects Bush's Request For Increasing Oil Production
Saudi Arabia on Friday rejected US President George Bush's request to increase its oil production, saying there wasn't enough demand to increase the ....



TOP STORIES

Stocks Close Mixed On Friday But Post Strong Gains For The Week

After seeing moderate declines throughout much of Friday's trading, stocks ended the session mixed as investors digested some mixed economic news. Higher energy prices once again kept buying interest to a minimum.

“Prince Caspian” Expected To Pick Up Where “Iron Man” Left Off
Following in the footsteps of "Iron Man," which recently ushered in the summer blockbuster season, "The Chronicles of Narnia: Prince Caspian" should be the next to carry the torch....
Fannie Mae abandons higher down payment policy
Government-sponsored mortgage financier Fannie Mae said Friday that it will abandon a policy that requires a higher down payment on home loans in some parts of the United States where...

BREAKING NEWS

Hovnanian prices $600 Mln of senior notes - Quick facts
5/16/2008 6:01:47 PM Hovnanian Enterprises, Inc. (HOV) said Friday that it has priced $600.0 million aggregate principal amount of 11 1/2% senior secured notes due May 1, 2013 in a private placement. The company said it plans to ....
Prospect Medical Holdings names Samuel Lee as Chairman of Board
5/16/2008 5:55:04 PM Prospect Medical Holdings, Inc. (PZZ) on Friday said it appointed Samuel Lee as Chairman of the Board of Directors, effective May 14. Lee succeeds Jacob Terner, who resigned as Executive Chairman and as a ....
PVF Capital issues Letter to Stockholders
5/16/2008 5:34:48 PM Friday, PVF Capital Corp. (PVFC) said that it remains committed to delivering maximum value to all its stockholders and also open to strategic alternatives that would enhance value for all stockholders, in ....
American International Q1 loss widens on lower revenues
5/16/2008 5:12:48 PM Friday, American International Industries, Inc. (AMIN), a diversified holding company, reported that its first-quarter loss widened, as its quarterly revenues declined over last year. Net loss for the first ....
Scott Krugman Of The NRF: Consumers Will Spend 40% Of Their Rebate Checks; Most Buying Gas And Food
5/16/2008 4:55:50 PM In an interview with RTT News, Scott Krugman, vice president of public relations at the National Retail Federation says consumers are going to be spending 40-percent of their rebate checks and will use it on ....

QUICK FACTS

NASDAQ OMX April average daily value rises - Quick Facts
5/16/2008 6:25:53 PM NASDAQ OMX Group Inc. (NDAQ) announced consolidated market performance statistics for its U.S. and Nordic exchanges for the month of April 2008. The average daily value traded on NASDAQ OMX exchanges...
ENMAX Acquisition acquires 341,631 Cordero shares - Quick facts
5/16/2008 6:18:08 PM ENMAX Acquisition Corp., an indirect wholly-owned subsidiary of ENMAX Corp., announced that it has acquired 341,631 shares of Cordero Energy Inc (COR.TO). The highest price paid per share purchased...
First Federal Bankshares Reports $489K Impairment Loss In Q3 - Quick Facts
5/16/2008 6:06:29 PM Friday, First Federal Bankshares Inc. (FFSX) reported an impairment loss on one of its trust-preferred pooled securities. The impairment loss amounted to $489 thousand and $3.8 million for the three and...
LCC Receives non-compliance Notice from Nasdaq - quick facts
5/16/2008 6:06:09 PM LCC International Inc. (LCCI) said that it has received the Nasdaq Staff Determination notice that states the company is not in compliance with Nasdaq Marketplace because it has not timely filed with Nasdaq...
Hovnanian prices $600 Mln of senior notes - Quick facts
5/16/2008 6:01:47 PM Hovnanian Enterprises, Inc. (HOV) said Friday that it has priced $600.0 million aggregate principal amount of 11 1/2% senior secured notes due May 1, 2013 in a private placement. The company said it...


MORNING BRIEF

Positive Housing Report May Lead to Early Strength; Oil Prices in Focus
The major U.S. index futures are pointing to a higher opening on Friday. Markets may see an initial euphoria over an unexpected increase in housing starts for April. The sharp spike in the price of oil and gold may generate some buying interest in the resource space, while it could pressure oil-sensitive...... (complete analysis)

U.S

Stocks Close Mixed After Paring Losses - U.S. Commentary
After seeing moderate declines throughout much of Friday's trading, stocks ended the session mixed as investors ....
European markets rise on strong oils - European commentary
The European markets rose on Friday, as heavily weighted energy stocks rallied after crude oil prices climbed above ....
Stocks Remain Moderately Lower In Mid-Afternoon Trading - U.S. Commentary
Stocks remain moderately lower in mid-afternoon trading on Friday after an independent report showed that consumer ....

CANADA

TSX Hits another record high just shy of 15,000 - Canadian Commentary
5/16/2008 4:45:07 PM Bay Street finished up a record-smashing week on another high note Friday as surging oil prices fueled strong gains in the energy sector, while a weaker US dollar helped drive gold stocks deep into positive territory. The S&P/TSX Composite Index extended its all-time high for a second session, jumping... ...
Canadian Stocks Extend Record Highs -- Canadian Commentary
5/16/2008 10:31:00 AM There's no stopping the Bay Street bulls these days, as historically high oil prices have helped energy stocks drive the S&P/TSX further into record territory Friday morning. With base metals and gold producers also leading the charge, Toronto's main index is up 140 points at 14,970, extending Thursday's... ...
Canadian stocks look to extend record highs as oil jumps above $127 -- Canadian Commentary
5/16/2008 8:27:16 AM Canadian stocks will look to end a record-setting week on a high note Friday after adding to its all-time highs with a stellar performance in the previous session. The bulls have assumed full control on Bay Street over the past month, bolstered by soaring commodities prices and hope that the worst of... ...

EUROPE

European markets rise on strong oils - European commentary
The European markets rose on Friday, as heavily weighted energy stocks rallied after crude oil prices climbed above ....
European Shares to Open Higher Ahead of U.S. Economic Reports - European Commentary
Futures are indicating a higher open for the major European indexes Friday as the region looks to carry on the ....

ASIA-PACIFIC

Asian markets close mostly higher
Stock markets across the Asia-Pacific region closed mostly higher Friday, after Wall Street extended its gains and ....
China stocks decline, led by utilities and property stocks
Shanghai shares fell for a second-straight day on Friday, led by utilities and property stocks as investors locked ....


Appulse Q1 Profit Declines; Revenues Up 28% - Quick Facts
5/16/2008 5:21:25 PM Friday, Appulse Corp. (APL.V) reported a net income of C$7 thousand for the first quarter of fiscal 2008, compared ....
Nuinsco Resources Q1 Profit Falls - Quick Facts
5/16/2008 4:31:27 PM Friday, Nuinsco Resources Limited (NWI.TO) reported net income of C$1.23 million or C$0.01 per share for the first ....
Eastern Platinum Turns To Profit In Q1
5/15/2008 2:43:37 PM Eastern Platinum Ltd (ELR.TO), a platinum group metals producer, on Thursday revealed first-quarter financial ....

Ratings changes
Upgrades
Downgrades
Coverage Initiated
Coverage Reiterated
Corporate Info
Stock Split Calendar
Stock Buybacks
Dividends
Mergers/Acquisitions
Conference calls
Board Meetings
Earnings
Upcoming Earnings
Negative Pre-Announcements
Positive Pre-Announcements
Positive Surprises
Negative Surprises

Other
Economic Calendar



HOT STOCKS

FirstService Corp. suffers more losses after quarterly results, falls to 3 year low
5/16/2008 5:20:03 PM Following losses on Thursday, shares of FirstService Corp. (FSRV) continued to drop on Friday as investors responded to earnings news. The stock fell sharply through the first 30......
Ensco climbs to new high on contract update
5/16/2008 5:08:12 PM Ensco International Inc. (ESV) climbed throughout Friday's trading after the company reported an update for the Offshore Rig Fleet contract. The stock closed at $73.98 up $3.82 from......
Extreme Networks breaks 200-day moving average on strong volume
5/16/2008 4:49:04 PM Extreme Networks Inc. (EXTR) gapped open slightly higher on Friday and rose in stages through the rest of the day. The stock closed at $3.56 up $0.32 from Thursday. The advance......

SHORT TERM

New Oriental Energy springs over its 200-day moving average with increased volume
5/16/2008 3:43:04 PM New Oriental Energy & Chemical Corp (NOEC) has risen in stages throughout Friday's session. In the last 10 minutes the stock has picked up volume and jumped up. The stock is trading......
XTO Energy Takes Back This Week's Losses
5/16/2008 3:35:23 PM XTO Energy (XTO) has drifted higher throughout most of today's trading, rising steeply during the first half hour of the session. The stock took back losses posted earlier this week......

LONG TERM

Excavating Bucyrus
5/14/2008 9:33:33 AM For mining equipment maker Bucyrus, the resurrection from bankruptcy has been a second lease on life. The stock has increased eight-fold in the last 4 years, thanks to the bull run......

MKT TREND

S&P 500 Ends Positive, Dow and Nasdaq Close Modestly Lower
5/16/2008 4:33:37 PM After seeing moderate declines throughout much of Friday's trading, stocks ended the session mixed as investors digested some mixed economic news....
Wall Street Staging Recovery Attempt During Late Afternoon Trading
5/16/2008 2:55:17 PM Stocks are staging a recovery attempt during late afternoon trading on Friday. Investors have gone bargain hunting after the major averages were pushed into negative territory one the......
Major Averages Staging Another Recovery Attempt
5/16/2008 2:32:55 PM Stocks remain moderately lower in mid-afternoon trading on Friday after an independent report showed that consumer confidence fell to its lowest level in nearly 28 years. The troubling......

ICU Medical Annual Meeting of Stockholders 2008 At 12:00 PM
ON Semiconductor Analyst Day Presentation At 11:00 AM
Telanetix Q1 2008 Earnings Conference Call At 11:00 AM
Beazer Homes Q1 & Q2 2008 Earnings Conference Call At 11:00 AM
Aon Corp. Annual Shareholders' Meeting At 11:00 AM
More -->         


Copyright © 2008 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service.

Feedback| Terms of Service | How To Use RTTNews.com| Advertise| Buy Content | RSS