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STOCK MARKET NEWS LINES



Wall Street rally gets second wind (AFP)

A trader works on the floor of the New York Stock Exchange moments before the closing bell in November 5. Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year.(AFP/Getty Images/File/Spencer Platt)AFP - Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year.





Berkshire Hathaway says 3Q profit triples to $3.2B (AP)

FILE - In this May 2, 2009 file photo, Berkshire Hathaway CEO Warren Buffett speaks to a reporter prior to the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Buffett's company said Friday Nov. 6, 2009 that its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway Inc.'s derivative contracts. (AP Photo/Nati Harnik, file)AP - Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled.





Stocks eye retailers as jobless ranks swell (Reuters)

Traders work on the floor of the New York Stock Exchange moments before the closing bell on November 5. Wall Street's gravity-defying rally found new life over the past week, providing optimism for investors heading into what has historically been one of the best periods of the year.(AFP/Getty Images/File/Spencer Platt)Reuters - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.





A New Uptrend Could Help Fix Flaws In Chart (Investor's Business Daily) Investor's Business Daily - For the past five sessions, gold-mining stocks have enjoyed a rush.


Berkshire Hathaway's net income triples (Reuters)

Billionaire financier and Berkshire Hathaway Chief Executive Warren Buffett eats ice cream as he walks during the Berkshire Hathaway Annual Shareholders meeting in Omaha, Nebraska in this May 2, 2009. REUTERS/Carlos Barria/FilesReuters - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) (BRKb.N) on Friday said quarterly earnings tripled, as rising stock markets boosted its investment holdings and a quiet hurricane season contributed to higher insurance profit.





SEC inquiry could lead to Fla. oversight changes (AP) AP - Two top Florida Democrats want changes to the makeup of the board that oversees Florida's $130 billion investment portfolio now under scrutiny from the U.S. Securities and Exchange Commission.


STR Holdings shares rise in IPO debut (AP) AP - STR Holdings Inc. shares jumped Friday after the solar products company launched its initial public offering, but shares priced below expectations on the New York Stock Exchange.


Stocks post modest gains as job losses slow (AP)

FILE - In the Nov, 6, 2008 file photo, people look through the windows of the Nasdaq MarketSite  in New York. Stocks rose early Friday, Nov. 6, 2009, as investors shrugged off news that more jobs were lost in October than expected, pushing the unemployment rate above 10 percent for the first time since 1983.(AP Photo/Mark Lennihan, file)AP - Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher Friday.





Gold miners pull TSX out of jobs-linked funk (Reuters) Reuters - Toronto's main stock index ended higher for a fourth straight session on Friday as gold miners rallied around record high bullion prices, offsetting the index's fall at the outset on weak jobs data that fueled worry about economic recovery.


AIG, Magna, Activision Blizzard are big movers (AP) AP - The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:


Dow   S&P 500   Nasdaq 




SmartMoney Hotline - August 26 Bob and Nicole discuss buying life insurance and planning for college.





SmartMoney Hotline - August 13 Bob and Nicole talk about the outlook for real estate and affording college.





SmartMoney Hotline - August 6 Bob and Nicole talk about Cash for Clunkers and saving for emergencies





SmartMoney Hotline - July 23 Bob and Nicole discuss how big investment banks are managing to profit during the recession and real estate commissions.





SmartMoney Hotline - July 16 Bob and Nicole talk about bond funds and the world?s greatest investors.





SmartMoney Hotline - July 9 Bob and Nicole talk about bank overdraft fiascos and why it?s not too late to take advantage of the federal stimulus plan.





Smartmoney Hotline - July 1 Bob and Nicole discuss regulating brokers and the tax advantages of college savings plans.





SmartMoney Hotline - June 18 Bob and Nicole talk about private mortgage insurance and rolling over retirement accounts.





SmartMoney Hotline - June 10 Bob and Nicole discuss economic indicators and choosing between a money market fund and a bond funds.





SmartMoney Hotline - June 4 Bob and Nicole talk about selling GM stock and buying cars.





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