FCC Finally Set to OK XM-Sirius Deal
By Frank Curzio | By Robert Holmes
Frank Curzio and Robert Holmes discuss the commission's long delay in approving the merger of the two satellite-radio operators.
10:12AM 07/24/08
After a heavy earnings deluge in the morning, the U.S. stock market ended Wednesday with modest gains, thanks to a small, late-afternoon rally following the release of the Federal Reserve's beige book of economic updates and a continued decline in the price of oil, which ended below $125 a barrel.
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04:55PM 07/23/08
Stocks in New York finished a hesitant session with a sharp turn to the upside as the financials rallied late in the day. The markets were further buoyed as technology stocks recovered from early losses and crude-oil prices declined.
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04:46PM 07/22/08
U.S. stocks posted marginal losses for the first session of the week as investors kept an eye on unusual moves from a couple of big-time pharmaceutical companies and an increase in oil prices.
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05:01PM 07/21/08
Blue-chips rose Friday as financials bounced courtesy of Citigroup, but technology shares declined after Google's earnings came up short and Microsoft's forecast suggested a disappointment for investors.
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05:07PM 07/18/08
The major U.S. indices rose Thursday following a slew of corporate earnings statements and a steep drop in the price of oil.
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05:07PM 07/17/08
Stocks on Wall Street soared to higher ground Wednesday as a reassuring earnings statement by Wells Fargo helped quell investors' skittishness about the financial sector and crude oil prices fell substantially for the second day in a row.
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04:52PM 07/16/08
The chipmaker beats Wall Street estimates and says demand remains strong throughout the world. The stock holds steady after hours.
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05:02PM 07/15/08
The U.S. market had a rough session and closed lower Friday as investors continued to fret about the health of government-sponsored mortgage buyers Fannie Mae and Freddie Mac
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05:08PM 07/11/08
Stocks in New York finally closed higher after bobbing above and below the flat line Thursday as investors digested Congressional testimony from Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke, mixed employment data and a surge in oil.
Related Topics: Technology | Metals and Mining | Retail | Banks | Energy | Software | Financial Services | Consumer Goods | Food and Beverage | Media | Markets
05:00PM 07/10/08
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