Among the premarket stories for Wednesday, March 10, from AP Financial News: -- American Eagle Outfitters Inc.'s closing of its Martin+Osa stores is not a surprise and will help the clothing retailer focus more on its core namesake brand, analysts said.
U.S. stock index futures pointed to a flat open on Wednesday as investors awaited January wholesale sales and inventory data and digested a slew of new corporate deals.
Investors are searching for direction Wednesday, after two days of relatively flat trading. Stock futures are narrowly mixed.
Shares of Edison International are undervalued, a Jeffries & Co. analyst said Wednesday as he raised his rating on the California utility's stock.
New marketing and better weather should help drive-in restaurant operator Sonic Corp., an analyst said Wednesday as he upgraded his rating on the stock.
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U.S. stock index futures pointed to a flat open on Wednesday as investors awaited January wholesale sales and inventory data and digested a slew of new corporate deals.
Investors are searching for direction Wednesday, after two days of relatively flat trading. Stock futures are narrowly mixed.
World stock markets rose modestly Wednesday, though trading was listless as investors looked for direction, while the British pound continued to founder following weak industrial output figures.
French President Nicolas Sarkozy will raise concerns that the U.S. Air Force's $35 billion tanker contract is anticompetitive when he visits President Barack Obama later this month, a spokesman said Wednesday.
Cisco redefines network speed.
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BloggingStocks: The Federal Reserve Board raised the discount rate by 0.25% after the close of the market Thursday, raised the minimum bid for the Term Auction Facility (TAF) by 0.25%, and shortened the maximum maturity for primary credit loans to overnight. The ... Read moreFiled under: Market Matters, Economic Data, Federal Reserve, Financial Crisis
BloggingStocks: The Federal Reserve Open Market Committee (FOMC) issued its statement indicating again that interest rates will remain low for an extended period of time. The decision was not unanimous with one dissenting vote.
The Fed continues to avoid any ... Read moreFiled under: Market Matters, Money and Finance Today, Economic Data, Headline News, Federal Reserve, Recession, Financial Crisis
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