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Saturday, November 7, 2009
   
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Business


Europe's Week Ahead: Barclays, Vodafone, A-B InBev
Friday, 06 November 2009
As telecom operators report results, Spain will be one of the main markets investors focus on. Barclays and A-B InBev also will report third-quarter results.
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Upgrades: M, HD, LOW
Friday, 06 November 2009
This morning, JP Morgan upgraded shares of Macy's (M) from Neutral to Overweight as same store sales have shown signs of improvement heading into the holiday season. Analysts have bumped up third quarter EPS estimates from a loss of five cents to a gain of a penny, well above the consensus estimates.
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Hot Stocks: Starbucks, Macy's Lift Retail
Friday, 06 November 2009
Retail and consumer stocks jump as Starbucks Corp. raises its outlook and after retailers report their best monthly sales since April 2008. MarketWatch's Andria Cheng reports in New York.
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Jobless Rate Hits Historic High
Friday, 06 November 2009
The unemployment rate hit 10.2%, the highest level in more than 26 years, leaving nearly 16 million Americans unable to find work. Kelsey Hubbard and Brett Arends discuss just how bleak the situation has become.
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Iraq signs oil deal with Exxon Mobil
Friday, 06 November 2009
Iraq signs a deal with Exxon Mobil executives in Baghdad to bag initial rights for development of the country's West Qurna field.
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