Reuters - Stock index futures rose on Wednesday
as news of a solid quarterly profit and outlook from
Hewlett-Packard , the world’s largest computer maker,
helped investors battle fears about the credit crisis.
AP - U.S. stocks appeared headed for a rebound Wednesday after an upbeat profit report from Hewlett-Packard Co. offered investors reassurance about the economy.
Reuters - BJ’s Wholesale Club Inc said on
Wednesday quarterly profit rose as shoppers headed to its
stores in search of low prices on food and fuel, and the No. 3
U.S. warehouse club operator raised its full-year profit
forecast.
AFP - London shares enjoyed modest recoveries early Wednesday as share-price gains for heavyweight mining and energy groups help to lift indices that dived a day earlier.
AFP - Europe’s main stock markets enjoyed modest recoveries early Wednesday as share-price gains for heavyweight mining and energy groups help to lift indices that dived a day earlier, dealers said.
AP - Chinese stocks surged Wednesday in their biggest gain in nearly four months on speculation Beijing plans new economic stimulus measures and other policies aimed at reviving the country’s languishing markets.
Reuters - Lehman Brothers Chief Executive Dick
Fuld nearly struck a deal to raise almost $5 billion from South
Korean wealth funds and institutions but the pact
disintegrated, the New York Post said citing sources familiar
with the matter.
Reuters - Spanish builder Ferrovial must
sell three of the seven British airports it bought for 10
billion pounds ($18 billion) two years ago under a
tougher-than-expected ruling on Wednesday.
Reuters - Oil prices extended gains to $115 a
barrel on Wednesday, after a lower U.S. dollar rekindled buying
in oil and other commodities.
Reuters - World stocks edged higher on Wednesday
after the previous day’s tumble to their lowest level in almost
two years attracted some buyers, while rebounding commodity
prices helped resource shares.
