Wednesday, 21 Oct 2009 | Posted By:
Joseph Pisani | Source: CNBC.com
Fewer states reported unemployment-rate increases in September than the previous four months, signaling a turning point may be near, according to a government report Wednesday.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. The Dow shed more than 50 points, or 0.5 percent, but still held above 10,000. The S&P and Nasdaq each lost about 0.6 percent.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. Apple and Caterpillar surged after their earnings blew past forecasts.
Adecco, the world's largest staffing company, has bought American rival MPS Group for $1.3 billion, boosting its position in the high-margin professional staffing business.