The companies increasing spending on upgrading equipment and facilities are actually investors’ favorites, USA Today reports.» Read More
U.S. stock index futures held modest gains across the board Wednesday after the Federal Reserve's latest meeting minutes and following upbeat economic news from China.
The Fed's message to markets Thursday should be more dovish than not, despite the mixed signals officials have been sending.
Sectors that capture the global economy are down today: transportation, multi-industry, and tech stocks.
*Wunderlich Securities raises Fastenal Company price target to $52. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
NEW YORK-- Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:. Sprint Nextel Corp., up 72 cents at $5.76. Safeway Inc., down 58 cents at $15.71.
NEW YORK, Oct 11- U.S. stocks ended little changed on Thursday as gains brought by a sign of improvement in the labor market were capped by a drop in Apple shares after a legal setback in a court ruling. The Nasdaq Composite Index was down 2.40 points, or 0.08 percent, at 3,049.38. ( (For multimedia versions of Reuters Top News: 3000 Xtra: visit BridgeStation: view story. 134==============================================================.
*Apple shares fall 1.4 percent after setback in Samsung case. *Sprint volume surges, shares jump on Softbank deal reports. NEW YORK, Oct 11- U.S. stocks erased most gains and were little changed on Thursday as a drop in Apple shares after a legal ruling dented broad market gains on a sign of improvement in the jobs market.
*Sprint volume surges, shares jump on Softbank deal reports. More than 320 million shares of Sprint Nextel changed hands in U.S. trading by 11:30 a.m. ET, making it the busiest day in the stock's history. Clearwire Corp, in which Sprint holds a majority interest, surged 38 percent to $1.79.
*Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks advanced on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years, suggesting improvement in a key factor for economic growth.
WINONA, Minn.-- Fastenal Co. said Thursday that its third-quarter net income rose 13 percent, boosted by double-digit sales increases in all three months of the period and the addition of new stores.
*Sprint jumps on reports of possible Softbank deal. NEW YORK, Oct 11- U.S. stocks were poised for a higher open on Thursday after data showed initial jobless claims fell to the lowest level in more than four and a half years.
The earnings season is smacking the stock market even before it’s begun.
COMPANIES Fastenal Q3 2012 Safeway Inc. Q3 2012 MACRO DATA 0600 DE CPI 0645 FR HICP 1230 US Import/Export Prices 1230 US Initial Claims Reuters messaging rm:// email@example.com.
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