This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BC-Business News Digest

â¿¿ ITALY-FINANCIAL CRISISâ¿¿ Italy raises $6.4 billion in a bond sale but finds lukewarm demand from investors for longer-term debt. Meanwhile, investors treat German debt as a safe haven, with a German debt sale Wednesday generating a negative interest rate.

PERSONAL FINANCE

ON THE MONEY-HOLIDAY SHOPPING-DEBT

CHICAGO â¿¿ Black Friday deals are starting early this year, and that means more pressure to spend spend spend. As the holiday shopping season expands and retailers make impulse buys ever-easier with your smartphone, consumers have to be extra-disciplined to avoid money trouble. We present tips on how to prevent Black Friday and the days surrounding it from dooming you to too much debt. By Personal Finance Writer Dave Carpenter.

â¿¿ FAMILY FINANCE SURVEY â¿¿ Let's Talk: Survey finds parents and their adult children can't agree on basic financial planning, with conflicting expectations on elder care, retirement security and inheritance.

MUTUAL FUND FLOWS

BOSTON â¿¿ Investors pulled more money out of mutual funds in October than they put in, for the eighth month in a row while bond funds continued to attract new cash, industry consultant Strategic Insight said on Thursday. Investors remained nervous about the stock market last month amid an election campaign and worries about potential year-end tax increases. By Personal Finance Writer Mark Jewell

MONEY & MARKETS

CENTERPIECE

A taxing December

Taxes on capital gains are scheduled to jump next year unless Congress makes a change. The last two times rates went up by a similar amount, stocks fell in the month before the tax change as investors sold to lock in the lower rate.

COMPANY SPOTLIGHT

Teen rally

Abercrombie & Fitch has been struggling to sell its preppy jeans and T-shirts with fashion trends shifting in a rough economy. But its efforts to fix its merchandise are gaining traction. The retailer raised its full-year earnings forecast Wednesday as it reported a strong third quarter, sending its stock surging.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
6 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs