NEW YORK, Oct 3 (Reuters) – RadioShack Corp was one
of the biggest movers in premarket trading Friday, jumping after
Bloomberg reported that the troubled electronics retailer had
reached a refinancing deal with Standard General.
In the agreement, about $590 million of loans would be
refinanced for the company to re-stock ahead of the holiday
season, Bloomberg reported. RadioShack last month said it may
need to file for bankruptcy protection if its cash situation
NEW YORK (Reuters) – U.S. stock index futures were higher on Friday as investors looked ahead to a jobs report that was expected to sharply rebound from the previous month, though indexes were on track for a second straight weekly decline.
* The September payroll report, due at 8:30 a.m. EDT (1230 GMT), is seen showing 215,000 jobs added in the month, up from 142,000 in August. As well, the jobless rate probably held at a six-year low, which could support bets that the Federal Reserve will raise rates in mid-2015.
NEW YORK, Oct 2 (Reuters) – U.S. stocks sharply cut their
losses in afternoon trading and the Nasdaq rebounded after a
steep decline earlier Thursday, but energy shares lagged the
The S&P 500 was down 0.1 percent after dropping more than 1
percent at its session low. The benchmark index remains on track
for its fourth straight daily decline, but has rebounded above
its 150-day moving average, a level it hasn’t closed under since
NEW YORK, Oct 2 (Reuters) – Shares of movie theater
companies fell on Thursday, with some down for a third straight
session, after Netflix Inc announced a film production
deal with actor Adam Sandler.
In the deal, Sander will star in and produce four films that
will be shown exclusively on Netflix’s streaming service,
bypassing the theater system.
NEW YORK, Oct 2 (Reuters) – Managers of equity long/short
funds cut their net exposure in September, a month during which
markets pulled back on a rising dollar and questions over the
timing of the Federal Reserve’s next rate hike, Credit Suisse
wrote in a note.
The declines came across regions and sectors, though there
was an emphasis in cyclical sectors.
NEW YORK, Oct 2 (Reuters) – Energy shares were the weakest
industry group in the market on Thursday, pressured as crude oil
continued a recent decline.
The S&P energy index fell 1.2 percent and was in
negative territory for the year. Among the most active names,
Halliburton Co fell 2.4 percent to $60.98 while Baker
Hughes Inc lost 2.5 percent to $61.78. The Philadelphia
SE Oil Service sector fell 2 percent in its fourth
straight daily decline.
NEW YORK, Oct 2 (Reuters) – U.S. stocks were flat on
Thursday as a positive reading on the labor market was not
enough to entice buyers even after a sharp decline in the
While momentum in markets have been weak of late – the S&P
500 closed under its 100-day moving average for the first time
since Aug. 7 on Wednesday – major indexes remain a few
percentage points away from record levels. The lack of
follow-through to Wednesday’s weakness could suggest traders
will once again use the decline as a buying opportunity.
NEW YORK (Reuters) – U.S. stock index futures pointed to a slightly lower open on Thursday as a positive read on the labor market was not enough to entice buyers even after a sharp decline in the previous session.
Equities have been weak of late, with the S&P 500 down for seven of the past nine sessions, and closing under its 100-day moving average for the first time since Aug. 7 on Wednesday.
NEW YORK (Reuters) – Tesla Motors Inc (TSLA.O: Quote, Profile, Research, Stock Buzz) was one of the biggest movers of Thursday’s premarket session, after the company’s chief executive hinted at a new product that would be unveiled next week.
Elon Musk, CEO of the electric car company, wrote on Twitter that it was “about time to unveil the D and something else.”
NEW YORK, Oct 2 (Reuters) – U.S. stock index futures were
little changed on Thursday, following a sharp drop in the
previous session as investors looked to upcoming economic data
for trading incentives.
* Equities have been weak of late, with the S&P 500 down for
seven of the past nine sessions, and closing under its 100-day
moving average for the first time since Aug. 7 on Wednesday.