business - "market"

ING's profit declines 15.2% on market downturn while commercial growth momentum remains robust

SAN FRANCISCO (MarketWatch) -- Embarq Corp. will end its wireless resale deal with Sprint Nextel Corp. in 2009, the latest partner to call it quits with Sprint in recent weeks, the wall street Journal reported late Wednesday on its online edition. Embarq, a regional phone company which serves customers in 18 states, sold Embarq-branded wireless service using Sprint's network but sales fell far short of expectations, the newspaper said. Embarq was spun off from Sprint in 2006.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Interest rates in dollar money markets rose sharply amid speculation over changes to the calculation of Libor, the benchmark for global borrowing costs

CNBC.com asian markets were climbing in the morning session Thursday, after worries about U.S. inflation eased on benign U.S. consumer data. Japanese stocks led the advance, up over 1 percent.

SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Thursday's session are Hewlett-Packard, Blackstone Group, Nordstrom and Blockbuster.

AP - Treasury prices traded mixed Wednesday, after investors briefly rallied on a report showing mild April inflation but then gave up gains as stocks advanced.

Del Monte Foods Co. plans to move about 100 jobs from Pittsburgh to San Francisco as part of a reorganization of its marketing department over the next year. (DLM) (PG)

We saw sellers defend the 200-day moving averages (and other resistance levels) again today. I don’t know what caused the afternoon selling but it wouldn’t surprise me if it was related to options expiration.The Nasdaq spent a good part of the day hovering right around its 200 DMA before popping several points above it. [...]SHARETHIS.addEntry( { title: 'May 14, 2008 Stock market Recap', url: 'http://tradermike.net/2008/05/may_14_2008_stock_market_recap/' } );

TORONTO, ONTARIO (MARKET WIRE) 1693062 Ontario Inc. announces that on May 13, 2008 it purchased 200 Dividend shares at a price of $11.25 per share and on May 14, 2008 it purchased 100 Dividend share at a price of $11.20 per share of Pyxis Capital Inc. ('Pyxis') through The Toronto Stock Exchange bringing its total holdings in Pyxis to 7,500,000 Common shares (36%); 45,883,440 Non-voting shares (65.74%) and 6,200 Dividend shares (0.13%). As disclosed in 1693062 Ontario Inc.'s April 29, 2008 Take-over Bid Circular, in connection with its offer for all the shares of Pyxis Capital Inc., 1693062 Ontario Inc. may make purchases

Fewer homes are on the market and home-lookers are starting make offers, helping the battered housing market rebound slightly last month in the Sacramento region, according to a report released Wednesday.