Topic: Jack Ablin

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Stocks rise on talk of corporate deals

Stocks were up on Wall Street Tuesday on reports that retailers Office Depot and OfficeMax are discussing a merger came after big corporate deals for Heinz and Dell were announced in recent weeks. Stocks of office supplies stores jumped following the news.
Stocks hold as budget talks continue

Rising stocks narrowly outnumbered falling ones on the New York Stock Exchange Friday. Investors remain cautious as 'fiscal cliff' budget negotiations continue in Washington.
Gloomy outlook from Chevron, Alcoa sinks stocks for third straight day

Stocks slumped Wednesday after Chevron and Alcoa issued pessimistic reports. Energy and materials stocks, whose fortunes hinge on economic growth, dropped the most.
Dow plummets 100 points in stock sell-off

Stocks dropped after Charles Plosser, president of the Fed's Philadelphia branch, told an audience Tuesday that the Fed's effort to support the economy would likely fall short of its goals.
Stocks up after European rescue fund ruling

Stocks rose Wednesday after a German court cleared the way for that country to participate in a European rescue fund. The ruling helped push Germany's main stock index, the DAX, to its highest level since July of last year.
Apple's earnings miss could undermine wobbly market

Apple stock falls in after-hours trading after it reports disappointing quarterly earnings and revenue. Apple faces same headwinds as other multinationals with lower earnings this quarter.
Stocks rise; Mattel, Coke among earnings winners

Strong performances from a handful of companies including Barbie maker Mattel, and Coca-Cola pushed the Dow Jones average up for only the third day this month. The closely-watched index closed up 78 points to land at 12,805.
Dow Jones hits highest mark since 2007

The fastest growth in US manufacturing in 10 months gave stocks a lift Tuesday and pushed the Dow Jones industrial average to its highest close in more than four years.
Dow jumps 218 on market's biggest 2012 day

Bank stocks led the market to its biggest single day gain of 2012. The Dow rose 218 points to close at 13177, its highest close since 2007.
Super Bowl cities: Is hosting a boon or a bust?

Super Bowl XLVI in Indianapolis, Ind. will bring tourists, visibility, and money. But is hosting the Super Bowl worth it?
World markets rattled, but Dow only down six

The wait for an expected deal between Greece and its creditors hurt financial markets around the world, but US stocks only dropped slightly. The Dow lost 6 points to close at 12653 after being down as much as 131 points earlier Monday.
Stock prices rally late; Dow up 21

Stock prices were falling most of the day but rallied late on a drop and oil prices and bond auctions in Europe. Stock prices buoyed the Dow 21 points to end the day at 12471.
For stock market in 2011, the world was flat

Stock market, as measured by the S&P 500, ends the year just as it started. But stock market in fourth quarter staged an impressive rally, which could set the tone for 2012.
Markets soar, but has anything changed?

The Dow sees its biggest gain since October 2009. But debt problems in Europe still loom large, and the central bankers' promises to print more money aren't anything new.
Stocks take a hit after Fitch warnings on US bank exposure

The Dow dropped 190.57 points to close at 11905 after Fitch ratings released a report saying that US banks could be "greatly affected" if Europe's debt crisis continues to spread
Global markets drop sharply on US, Europe outlook

Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
Stocks end week down, shaken by global woes

The Dow average rose 59 points on Friday, but was down 1 percent for the week.
Carl Icahn: market bear or savvy manager?

Carl Icahn says he's giving investors their money back in case the stock market implodes. But is Carl Icahn anxious about the stock market or just avoiding federal scrutiny?
Bond funds, gold targets of big investors

Bond funds have netted an estimated $170 billion this year, while the price of gold has more than quadrupled.