MarketWatch
MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.
Updated: 11 min 32 sec ago
Australian unemployment falls, lifting currency
Australia's unemployment rate falls to a lower-than-expected 5.1% in August, boosting the Australian dollar and Sydney equities. Strong data also strengthens fears that the central bank's next rate hike may come sooner than some had expected, say economists.
Categories: Investment News
AXA slumps, NAB gains as Australia rejects deal
National Australia Bank shares rise but those of AXA Asia Pacific fall sharply after the Australian competition body rejects an attempt by National Australia Bank to make its $12.2 billion takeover bid of AXA Asia Pacific more palatable to the regulator.
Categories: Investment News
Goldman's hedge fund factory winding down
As Goldman Sachs Group winds down its Principal Strategies group in response to a law that limits banks' abililty to trade with their own money, the firm will be shutting a business that's produced some of the most successful hedge fund managers in the world.
Categories: Investment News
After Hours: Men's Wearhouse up, Questcor falls in late trade
Questco shares fall in late trade after regulators again delay a review for the potential new use of one of the company's drugs, while Men's Wearhouse shares rise following the apparel retailer's report of profit and sales gains.
Categories: Investment News
Stocks to Watch: Stocks in focus: National Semi, Smith & Wesson
Among the companies whose shares are expected to see active trade in Thursday’s session are National Semiconductor, Smith & Wesson Holding Corp., and Piedmont Natural Gas.
Categories: Investment News
Latin American Markets: Chile stocks jump; central bank raises growth view
Chilean equities reach a new record closing higher after the country's central bank raises its growth outlook for gross domestic product this year. Also, one analyst sees more pressure ahead for shares of Brazilian oil giant Petrobras.
Categories: Investment News
Personal Finance Daily: Condo owners may be ruing their decision to buy
During this economic downturn, as more homeowners fall behind on their dues, some condo associations are struggling to get by. That means they're coming down hard on homeowners -- and not only those who are behind on their payments.
Categories: Investment News
Financial Stocks: Financials climb, recouping previous day's losses
The financial sector rebounds to lead U.S. stocks higher as concerns about the European banking sector recede.
Categories: Investment News
Obama: U.S. simply can't afford tax cuts for rich
The United States can’t afford extending Bush-era tax cuts for the wealthiest Americans, the president says, even as he calls for tax breaks for middle-class Americans.
Categories: Investment News
More Americans are told to get flu vaccine
Seasonal supplies are available earlier and in greater volumes than ever before — and this year they’re recommended for everyone over 6 months old.
Categories: Investment News
Canadian Markets: Canada stocks slide, but loonie firms on rate hike
Canadian stocks close lower, failing to capitalize on a central bank rate hike, as sharp losses by gold producers drag the broader market down.
Categories: Investment News
Energy Stocks: BP pulls energy stocks to a higher close
Oil and gas stocks close higher, with BP PLC leading the way following a ratings increase and the release of the company's much-anticipated well report.
Categories: Investment News
David Callaway: We’re in the double dip; that’s good news
The numbers confirm it. We’re dipping. But we’re not in another recession and the markets will soon start focusing on the recovery.
Categories: Investment News
Newsletters & Research: A rising Phoenix and a deflationary defense
Deflation seems to have the upper hand lately in the debate among investors about inflation versus deflation, so it may be worth asking which sectors perform best during extended deflationary periods.
Categories: Investment News
Cool summer delays winegrape harvest
A very cool and foggy summer in California’s premium wine country has grape growers, vintners and wine-drinkers alike still waiting for the start of the 2010 winegrape harvest.
Categories: Investment News
NewsWatch: U.S. stocks recover much of prior day's drop
U.S. stocks recoup the bulk of the prior day's slide after the Federal Reserve reports continued but decelerated economic growth across the country and President Barack Obama rules out extending Bush-era tax cuts for the wealthiest Americans.
Categories: Investment News
The Ratings Game: Weak PC sales cited as UBS cuts H-P, Intel ratings
With much of the tech sector advancing Wednesday, analysts at UBS cut ratings on Hewlett-Packard, Intel and Western Digital because of concerns about the outlook for PC sales through year-end
Categories: Investment News
Metals Stocks: Gold futures ease from record high as worries fade
Futures fall back from the previous day’s record-high close as concerns about European banks and economic growth fade and investors pull out of safe-haven positions.
Categories: Investment News
Smithfield Foods gets lift from higher meat prices
Stronger meat prices and tight supplies help the pork producer to post a first-quarter profit as its hog-production unit returns to profitability.
Categories: Investment News