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What Investors Think About AmerisourceBergen

Together, we are all trying to build our fortunes by finding well-run companies at bargain-basement prices. But it takes work to scour earnings reports, scrutinize key data, and assess the competition.

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U.S. markets close up Monday

NEW YORK, May 4 -- U.S. markets rose smartly Monday on positive economic news in the midst of the corporate reporting season.

The U.S. Census Bureau said construction spending rose 0.3 percent in March, the first uptick in six months. Pending sales of existing homes also rose, up 3.2 percent in March, the National Association of Realtors said.

By close Monday, the Dow Jones industrial average gained 214.33 points, or 2.61 percent, to 8,426.74. The Standard & Poor's 500 index rose 3.39 percent, 29.72 points, to 9,313.39. The Nasdaq index added 44.36 points, 2.58 percent, to 1,763.56.

On the New York Stock Exchange, 2,618 stocks advanced and 455 declined on a volume of 5.5 billion shares traded.

Markets flat Monday

NEW YORK, April 27 -- U.S. stocks stayed flat Monday as the threat of a pandemic swine flu undermined commodities.

Oil prices dropped sharply, falling nearly $3 per barrel to $48.76.

In early afternoon trading, the Dow Jones industrial average was off 13.86 points or 0.17 percent to 8,062.43. The Standard & Poor's 500 fell 4.22 or 0.749 percent to 862.01. The Nasdaq composite index lost 4.80 or 0.28 percent to 1,689.49.

The benchmark 10-year U.S. Treasury bond rose 5/32 to yield 2.972 percent.
The euro fell to $1.3124, compared to Friday's $1.3243. Against the Japanese yen, the dollar fell to 96.55 yen, compared to Friday's 97.13 yen.

Markets end in red as global cues weaken

Mumbai,India April 21 : Indian equities markets closed in the red Tuesday owing to a slump in global bourses, even as the central bank slashed key policy rates by 25 basis points. A key index fell 81 points below its last closing figure.

The 30-scrip Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 10,765.39 points lower than its Monday close, fell 81.39 points or 0.74 percent to close at 10,898.11 points.

The Sensex touched an intra-day high of 11,068.82 points and a low of 10,764.08 points.

Similarly, the S&P CNX Nifty of the National Stock Exchange (NSE) lost 0.35 percent from its previous close to end trade at 3,365.3 points.

Among broader market indices the BSE midcap index shed 0.16 percent, while the BSE smallcap index was up 0.42 percent.

US House, Senate approve 2010 budget outline

Washington, April 3 -- US lawmakers Thursday approved a $3.5-trillion budget outline for 2010 that closely mirrors President Barack Obama's priorities for the country.

The vote in the House of Representatives was 233-196, largely along party lines, and came after weeks of polarising debate that exposed deep differences between majority Democrats and opposition Republicans over how to resuscitate the US economy.

The Senate voted 55 to 43 on a slightly different version of the 2010 budget proposal, which will require lawmakers from both chambers to forge a compromise in the coming weeks.

Senate majority leader Harry Reid said that the "responsible" budget "will start cleaning up the mistakes of the past and make critical investments in our future".

Chris Brown is regretful, says father

Los Angeles, February 14: Following reports of an alleged physical attack on girlfriend Rihanna and a consequential arrest, R & B singer Chris Brown is regretful, says his father.

Winter storm lashes snow and ice on Ohio

Cleveland, United States, January 10: Frigid temperatures, snow and slick conditions lashed Ohio on Saturday and continued into the evening.

Market opens with negative bias

Mumbai -- Weak Global Cues forced markets to register the negative opening today. Index heavy weights like ICICI Bank, Bharti Airtel, ABB, Hero Honda and HLL are down as selling pressure continues.

Market closes below 12k mark

Mumbai -- The market got a negative push in the late afternoon trades, that forced it to reverse its five day winning trend. Sharp profit booking was witnessed at higher levels pulling the Sensex below the 12000 and Nifty below 3460. Cipla, Tata Motors, Grasim, HLL and L&T were the major losers among the 30 Sensex scrips.

Technology stocks spur while Auto stocks dip

Mumbai -- The market continues to trade with positive bias and has surged higher in the afternoon trades. Metal and Technology stocks have pushed the markets higher. At 2:09pm (IST), the BSE 30-share Sensex has jumped by 71 points at 12141 and NSE 50-share Nifty is up by 17 points to 3510. Satyam Computer, Tata Chemicals, Dr Reddy’s Labs, Hindalco, Colgate and MTNL are the major gainers among the 50-scrips of the NSE Nifty.

ONGC, Rana Sugars & PVR surge higher

Mumbai -- The market is still paving the path with smart gains.

After announcing its plan to buy stakes in Oil fields in Cuba, Kazakhstan, ONGC has surged higher by 0.2% to Rs. 1158. The scrip has touched an intra-day high of Rs. 1170 and a low of Rs. 1158 and has recorded volumes of over 3,00,000 shares on NSE.