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Among the stock activity stories for Tuesday, Dec. 15, from AP Financial News:
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Among the stock activity stories for Wednesday, July 22, from AP Financial News:
In their "office" — a colorful fairy tale room with a gingerbread house and giant beanstalk — the Imagination Movers are busy filming the second season of a Disney Channel television show that has become must-see viewing for multitudes of preschoolers.
Janet Jackson is at her brother Michael Jackson's home in Los Angeles where moving vans arrived earlier in the day.
The following 20 birds moved the most north of all 305 species studied by the Audubon Society. For five of the birds on the list — Wild Turkey, Marbled Murrelet, Ring-billed Gull, House Finch and "Rufous-sided" Towhee (lumped) — climate change is probably not the main reason for the northward shift.
Thieves "Dressed as Movers" Gut House While Family VacationsA family's house was robbed while they were away by thieves posing as movers.
Sector Snap: Drybulk shipping stocks jumpDrybulk shipping stocks jumped sharply on Tuesday after an analyst said rates are increasing, which could give some shipping companies breathing room on their debt covenants.
Ahead of the Bell: Goldman upgrades Ford, autosFord Motor Co. is best positioned to benefit from a sweeping "sea change" in the U.S. auto industry as its Detroit competitors file for bankruptcy and auto sales begin to pick up again, an analyst said, adding Ford shares to a list of top picks.
Target asks shareholders to support board slateRetail giant Target Corp. asked its shareholders on Monday to vote against the board candidates nominated by activist shareholder William Ackman and to support its own board slate.
IBM could shake up Silicon Valley with Sun dealIf IBM Corp. scoops up Sun Microsystems Inc. for at least $6.5 billion in cash, as the companies are discussing, IBM would be making an opportunistic grab for a deep well of technology that Sun has nearly buried itself developing.
Online travel agencies decline on rival promotionShares of online travel companies fell Wednesday after privately held Travelocity followed rivals Priceline.com Inc. and Expedia Inc. in eliminating booking fees for domestic and international flights.
McKesson falls on financing worries for pharmaciesShares of McKesson Corp. skidded Wednesday due to concerns that one of the pharmacy benefits manager's biggest customers, drugstore operator Rite Aid Corp., could default on its loans this year.
Analyst says low-cost airlines are best-positionedLow-cost carriers Southwest Airlines Co. and JetBlue Airways Corp. are probably the best-positioned to benefit from an eventual improvement in passenger demand, a Morgan Stanley analyst said Monday.
Oil services sector falls on oil pricesThe oil services sector fell on Monday as oil prices plunged on increasing doubts that energy demand will recover amid a battered economy and as rig counts continued to tumble.
Eastman Kodak shares fall 11 percentShares in camera and supplies maker Eastman Kodak Co. dipped 11 percent Friday after ratings agency Standard & Poor's noted the company was burning through cash.
Movers roundup: BorgWarner, Eastman KodakAmong the stock activity stories for Friday, March 6, from AP Financial News:
Gannett shares fall after S&P cuts to 'junk'Shares of Gannett Co. continued to plunge for a second day Tuesday after Standard & Poor's Ratings Service downgraded its credit rating to "junk" status.
Sector Snap: Pistol makers up since Obama electionThe election of President Obama and a Democratically controlled Congress has been a boon to U.S. handgun makers, with sales of one pistol manufacturer climbing enough that an analyst Wednesday upgraded its stock to "Strong Buy" from "Accumulate."
PNC Financial shares falter with '09 estimate cutShares of PNC Financial Services Group Inc. tumbled Friday as an analyst slashed her 2009 earnings estimate nearly in half, due to expectations for a higher provision to cover loan losses.
Nissan to slash 20,000 jobs and sees annual lossNissan announced 20,000 job cuts Monday, the deepest reduction among Japan's automakers in battling the global downturn, as it forecast its first annual loss in nine years.
Relief rally lifts UPS shares post-earnings reportShares of shipper UPS Inc. rebounded Tuesday as Wall Street breathed a sigh of relief that management is maintaining profitabilty and strong volumes amid the dismal economic environment.
Ahead of the Bell: Morgan Keegan upgrades UPSA Morgan Keegan analyst on Wednesday boosted his rating on United Parcel Service Inc. to "Outperform," a day after the package-delivery company reported a profitable fourth quarter but warned of a difficult year ahead.
Service sector slows less than expectedA trade group says the nation's service sector shrank for the fourth straight month in January, but at a slower pace than the previous month.
Construction spending drops by record in 2008Construction spending fell for a third straight month in December, closing out a year in which building activity fell by a record amount as housing continued to plunge.
Black & Decker slips on 2009 outlook, job cutsShares of Black & Decker Corp. sank Tuesday after the power tools maker said it was laying off 1,200 workers amid slumping profits and offered a grim outlook for its 2009 performance.
JetBlue adding flights to Los Angeles Int'lJetBlue Airways Corp. said Thursday it will begin flying to and from Los Angeles International Airport, after putting the plan on hold last summer as fuel prices climbed to record highs.
Tens of thousands more layoffs are announcedIt's already been a lousy year for workers less than a month into 2009 and there's no relief in sight. Tens of thousands of fresh layoffs were announced Monday and more companies are expected to cut payrolls in the months ahead.
Scholastic reduces 2009 fiscal outlook, but will probably plunge lower cause it just pissed off thousands of teachers. See comments below.Children's publisher Scholastic Corp. on Thursday lowered its fiscal 2009 adjusted earnings outlook to reflect year-to-date results and the ongoing recession, sending its shares tumbling.
China's Baidu.com fights to rescue reputationBaidu.com has been the star of China's Internet world.
Publishers say yellow pages still relevantYellow pages in America can't get any respect. That's the sentiment of those behind this multibillion-dollar business who have seen revenue head south amid a declining economy and the advent of Internet search engines.
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