Date: Thu, Aug 26, 2010 at 12:00 PM
U.S. stocks turn lower as economic worries persist
Stocks bounce around in jumpy trading, but cling to modest gains as a drop in jobless claims takes some of the edge off concerns over a slowing U.S. economic recovery.
U.S. stocks turn lower as economic worries persist
Stocks bounce around in jumpy trading, but cling to modest gains as a drop in jobless claims takes some of the edge off concerns over a slowing U.S. economic recovery.
INITIAL JOBLESS CLAIMS DROP TO 473,000, U.S. SAYS
The number of people filing first-time claims for unemployment benefits falls for the first week in four, with the Labor Department pegging the decrease at 31,000 to put the number of applicants at 473,000 for the week ended Aug. 21.
DROP IN JOBLESS CLAIMS SMALL COMFORT
The number of people filing for unemployment benefits declined for the first time in a month, a welcome spot of good news on the economy, writes Rex Nutting.
The number of people filing for unemployment benefits declined for the first time in a month, a welcome spot of good news on the economy, writes Rex Nutting.
DELL RAISES BID FOR 3PAR TO TRUMP H-P'S OFFER
Dell Inc. has raised its buyout offer for 3Par Inc. to $24.30 per share in cash, narrowly beating a bid submitted by arch-rival Hewlett Packard Inc. earlier in the week.
Dell Inc. has raised its buyout offer for 3Par Inc. to $24.30 per share in cash, narrowly beating a bid submitted by arch-rival Hewlett Packard Inc. earlier in the week.
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