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Business Scott Brown

  • *Ambarella falls as Q3 revenue forecast misses expectations. *Navistar falls on possibility of SEC lawsuit. Sept 2- U.S. stock futures pared some gains on Wednesday, but kept Wall Street on track to open higher, after weaker-than-expected private U.S. jobs data, raising the odds that the Federal Reserve would not raise interest rates this month.

  • Aug 27- Wall Street rallied more than 2 percent on Thursday as strong U.S. economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over. "The worst is probably behind us but it's going to take a while before we get back to normal and we might still see some downward risk," said Scott Brown,...

  • Aug 27- Wall Street rallied on Thursday as investors grew optimistic that the worst of recent market turmoil was over after strong U.S. economic data and hints that a September interest-rate hike was unlikely. The market had ended a 6- day losing streak on Wednesday after New York Fed President William Dudley said the case for a September hike was "less...

  • Aug 27- U.S. stocks extended their rally on Thursday, raising hopes that the worst of Wall Street's recent turmoil was behind it, after further evidence that the economy was on a solid footing. The market snapped a 6- day losing streak on Wednesday after New York Fed President William Dudley said the case for a September hike was "less compelling" after recent market...

  • US STOCKS-Wall St extends gains, helped by GDP data Thursday, 27 Aug 2015 | 10:06 AM ET

    *Second-qtr GDP rose 3.7 pct vs earlier reading of 2.3 pct. Aug 27- U.S. stocks rose sharply on Thursday, a day after posting their biggest one-day gain in four years, as data showed the U.S. economy grew faster in the second quarter than initially thought. While strong data points to increased chances of an interest rate hike in September, some investors said the...

  • *Second-qtr GDP rose 3.7 pct vs earlier reading of 2.3 pct. Aug 27- U.S. stocks were poised to open higher on Thursday, a day after posting their biggest one-day gain in four years, as data showed the U.S. economy grew faster in the second quarter than initially thought. "Despite the good GDP numbers that we saw today, September largely seems off the table because of the...

  • *For poll data: reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls? WASHINGTON, Aug 13- The U.S. "If the FOMC acts in September, there is a good possibility that it will in December as well," said economist Terry Sheehan of Stone& McCarthy in Princeton, New Jersey.

  • July 8- Trading in all securities were halted on the New York Stock Exchange on Wednesday following earlier reports of technical difficulties, although NYSE- listed issues was still trading on other exchanges. There's no sign of panic at all, " Mark Otto of J. Streicher& Co in New York said from the NYSE floor. "With China, investors fear that could be indicative of a...

  • *China stock sell-off raises fears of economic slowdown. *United Airlines fall after computer glitch halts flights. Concerns over China and Greece had pushed the Dow into negative territory briefly on Tuesday.

  • *Gold drops as dollar rises on Greek deal hopes. NEW YORK, June 22- A new offer by Greece on a reform package to avoid a default on its debts raised hopes that a tangible deal with international creditors was still possible, lifting world stock indexes and pushing down gold prices on Monday. The ministers agreed to reconvene before the week is over, after Greece...

  • US STOCKS-Wall Street up on Greece hopes, M&A chatter Monday, 22 Jun 2015 | 12:59 PM ET

    *Global markets higher on Greece deal optimism. June 22- U.S. stocks were higher in early afternoon trading on Monday, helped by a surge in M&A chatter, particularly in the healthcare sector, and on hopes that a deal was nearer to avert a looming crisis in Greece. The Nasdaq Composite index rose to a record 5,159.36 points, while the S&P 500 came just five points shy of...

  • *Dollar firm as Fed awaited, euro slips on Greece. NEW YORK, June 16- The euro fell on Tuesday as it appeared more likely that debt-stricken Greece would default or have to leave the single currency, while the U.S. dollar rose at the start of a two-day meeting by the Federal Reserve. Stocks mostly rose on the day, with shares in both Europe and the United States rebounding...

  • *Dollar firm as Fed awaited, euro slips on Greece. NEW YORK, June 16- The euro fell on Tuesday as it appeared more likely that debt-stricken Greece would default or have to leave the single currency, while the U.S. dollar rose ahead of a meeting by the U.S. Stocks were mixed around the world, with shares in Europe rebounding after a two-day decline, while Wall Street was...

  • *World financial markets fall as Greece nears default. *Coty jumps after buying three businesses from P&G. "Investors are not expecting a whole lot from the Fed meeting," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

  • US STOCKS-Wall St set to open lower ahead of Fed meet Tuesday, 16 Jun 2015 | 9:01 AM ET

    *World financial markets fall as Greece nears default. *Coty jumps after buying Three businesses from P&G. "Investors are not expecting a whole lot from the Fed meeting," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

  • *IMF says major differences' remain with Greece. *Citrix jumps after investor sends letter to board. June 11- U.S. stocks were higher in afternoon trading on Thursday, helped by strong retail sales data, but gains were limited by news that the International Monetary Fund had broken off debt talks with Greece.

  • *IMF says major differences' remain with Greece. *Citrix jumps after investor sends letter. June 11- U.S. stocks came off session highs on Thursday after the International Monetary Fund quit bailout talks with Greece, saying' major differences' remained over an agreement to save the country from bankruptcy.

  • *U.S. stocks dip; investors focus on Greece, rates. NEW YORK, June 8- U.S. and European stocks declined as investors fretted about Greece and timing of a U.S. rate hike, while the dollar fell after a wire service report, denied by President Barack Obama, that claimed to cite remarks by him on the greenback's strength. The pan-European FTSEurofirst 300 index finished down...

  • *Wall St banks expect Fed rate hike in September. *Sears falls after sales continue to decline. "I think we'll see a lot more back and forth for a while," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.

  • *Wall St banks expect Fed rate hike in September. *Sears rises after posting smaller-than-expected loss. "I think we'll see a lot more back and forth for a while," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.