Wall Street skeptical on Alcoa acquisition report
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Wall Street was unsurprised to hear of more takeover speculation in the mining sector on Tuesday, but despite a surge in Alcoa's stock price, few analysts believed the U.S. aluminum giant was about to be gobbled up.
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U.S. stocks opened lower on Friday,  weighed down by profit warnings from companies such as Alcoa  Inc. AA.N, the world's No. 1 aluminum maker, which raised  concerns about U.S. corporate earnings strength.
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U.S. blue chip stocks were lower on  Friday after a profit warning from aluminum maker Alcoa Inc.   AA.N, but technology stocks edged higher after a judge  rejected a government bid to block a takeover of PeopleSoft  Inc. PSFT.O by Oracle Corp.ORCL.O.
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Stocks looked poised for a lower open on Tuesday after a Wall Street Journal article cast doubt on the chances of a Federal Reserve interest rate cut on Wednesday.
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Stocks jumped on Tuesday, led by gains in the Dow industrials as talk that aluminum maker Alcoa Inc.  may be a takeover target bolstered optimism about deals and energy shares gained with a rebound in oil prices.
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Concerns mount that Warren Buffett's holding company might be overvalued.
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The FTSE 100 remained on positive ground, but amid volatility as Wall Street see-sawed around the gain line, on mixed sentiment about the latest economic data, while oil prices remained under scrutiny on reports that OPEC has agreed to cut oil production, dealers said.
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NEW YORK Uncertainty over high oil prices and pharmaceutical companies kept stocks mixed Monday as investors migrated to less risky holdings, pushing blue chips and other large-caps higher while the Nasdaq fell.
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So far, Wall Street&#39;s hoped-for fourth-quarter rally has met investors&#39; expectations. But there&#39;s been enough bad news lately to make you wonder if the buying will sputter.
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Wall Street is expressing growing doubt that Riggs National Corp.&#39;s sale to PNC Financial Services Group Inc. will go off as planned, or even at all.
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Shares of Wall Street's investment banks slipped at the opening bell Monday ahead of the brokerages' third-quarter earnings reports, as a J.P. Morgan Securities analyst said investors might be more comfortable if they reported lower profits.
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Wall Street was mixed on Monday as investors trimmed the market&#39;s early gains and adopted a cautious outlook before this week&#39;s earnings reports.
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Dow Chemical Co. on Thursday cemented Wall Street concerns that strong third-quarter earnings might tough to maintain as the industry raises prices to combat soaring raw-material and energy costs.
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Oil-supply concerns and broker downgrades of blue-chip companies left stocks mixed yesterday, raising doubts that Wall Street&#39;s year-end rally would continue.
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Credit Suisse First Boston said it was &quot;still cautious&quot; regarding Johnson &amp; Johnson (nyse: JNJ - news - people ) after the company reported quarterly results above Wall Street estimates.
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The Motley Fool - The invention of the American depositary receipt (ADR) was both a boon and a curse to U.S. investors. On the one hand, when foreign companies list their shares on U.S. exchanges, they make it a heck of a lot easier for the average investor to buy a piece of Nokia (NYSE: NOK - News), Cable &amp; Wireless (NYSE: CWP - News), or SAP AG (NYSE: S News) than it would have been if she had to figure out how to buy shares on the Helsinki, London, or Munich stock exchanges. But on the other hand, there are the -- to put it politely -- "inefficiencies" of buying ADRs.
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This industrial group is reporting strong results, but are the stocks a buy?