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IBD'S TOP 10.(A)
Nasdaq Spearheads Broad Gains
1The tech-heavy composite jumped 1.5% to a 4 1/2-year closing high on rising and above-average volume. The Philly Sox surged 4.2%, its best day in 10 months. The S&P 500 rose 1.2%. The small-cap S&P 600 rose 1.8%. Leading stocks firmed, but retailers were mixed on so-so sales data. Computers, Internets, builders, chemicals, steel and metal ores thrived. More on this page, B2
Inflation Reports Soothe Fears
2Consumer prices rose 0.1% in Oct. after Sept.'s spike, the Commerce Dept. said. The PCE deflator rose 3.3% from a year ago vs. Sept.'s 14-year-high 3.7%. The core PCE deflator rose just 1.8% vs. Oct. '04. Also, ISM's Nov. prices paid index fell sharply. But the 10-year Treasury yield rose for a 3rd straight day to 4.52% as traders bet on a March rate hike. More on this page, A2
Nov. Retail Sales Miss Forecasts
3Retailers' same-store sales rose 3.7% vs. a year ago, below views for the first time since July. Wal-Mart's comps rose 4.3%, though it offered modest Dec. guidance. Analysts said its big promotions lured shoppers from department stores, warehouse clubs and some luxury chains. Nordstrom, Kohl's and Federated missed views; Aeropostale and Ann Taylor soared. More on this page
Factory Activity Strong In Nov.
- Community Central Bank Corporation Posts Record Earnings for 2002; 2002...
- Press release article from: PR Newswire February 3, 2003 700+ words
Community Central Bank Corporation , the holding company for Community Central Bank, posted record earnings for the fourth quarter...President and Chief Executive Officer of Community Central Bank. Mr. Reed added, "Despite the soft economic...
- Czech central bank says interest cut was the last.
- Magazine article from: Global Banking News (GBN) August 7, 2009 700+ words
...News-7 August 2009-Czech central bank says interest cut was the...enpublishing.co.uk The central bank of Czechoslovakia has said...higher than the European Central Bank's main rate. Since a year ago, the bank has cut the key...
- High provisions hit Central bank's Q2 net profit.
- News wire article from: PTI - The Press Trust of India Ltd. October 29, 2008 700+ words
High provisions hit Central bank's Q2 net profit Mumbai, Oct...numbers of public sector lender, Central Bank of India as its net profit for...profit of Rs 124 crore in the year-ago period, Central Bank said today. Total income of...
- The Central Bank for Savings becomes subsidiary of Cenvest and declares cash...
- Press release article from: PR Newswire September 22, 1987 700+ words
...approved by the shareholders of the Central Bank for Savings on April 23, 1987...shares of common stock of the Central Bank for Savings are now considered...leverage the capital acquired a year ago when Central Bank converted from a mutual to a...
- European Central Bank leaves benchmark rates unchanged
- Newspaper article from: International Herald Tribune Matthew Saltmarsh September 4, 2009 700+ words
...would take hold. The European Central Bank left its benchmark interest...recovery would take hold. The central bank left its main policy rate at...said in a note. Almost a year ago, the central bank predicted 2010 annual growth...
- S. Korea's Central Bank Freezes Key Interest Rate for July.
- News wire article from: YON - Yonhap News Agency of Korea July 8, 2004 700+ words
SEOUL, July 8 (Yonhap) -- South Korea's central bank on Thursday kept its key interest rate unchanged...remained flat since it was cut from 4 percent a year ago. The central bank move was in line with market expectations. (THROUGH...
- S. KOREA'S CENTRAL BANK FREEZES KEY INTEREST RATE FOR JULY.
- News wire article from: AsiaPulse News July 8, 2004 700+ words
SEOUL, July 8 Asia Pulse - South Korea's central bank on Thursday kept its key interest rate unchanged...remained flat since it was cut from 4 per cent a year ago. The central bank move was in line with market expectations. (Yonhap...
- CHINA'S MONEY SUPPLY GROWTH SLOWS: CENTRAL BANK.
- News wire article from: AsiaPulse News February 25, 2005 700+ words
...The People's Bank of China, the country's central bank, said in a report Thursday that money supply growth...increase was 5.1 percentagepoints less than a year ago. The central bank said that the central government's macro-economic...