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Jan 5, 2015

Energy stocks lead Wall St lower in broad selloff

NEW YORK, Jan 5 (Reuters) – Energy sector stocks led a broad
selloff on Wall Street on Monday as crude prices fell to fresh
5-1/2 year lows and a strong dollar also weighed on other
commodities.

Crude oil futures prices dropped to their lowest since May
2009 amid a global supply glut and lackluster demand. Russia’s
oil output hit a post-Soviet high last year, and Iraq’s oil
exports in December were highest since 1980.

Jan 2, 2015

Weight Watchers shares fall 13.3 percent

Jan 2 (Reuters) – Weight Watchers International Inc
shares fell more than 13 percent on Friday, continuing a string
of losses as the company tries to boost sales, which in October
hit a four-year low.

The stock, which has lost almost a quarter of its value in
the last eight trading sessions, fell as low as $21.21 on the
New York Stock Exchange in heavy trading. The stock closed at
$21.53, down 13.3 percent.

Dec 26, 2014

Wall Street Week Ahead: Big questions for markets for 2015

By Sinead Carew

(Reuters) – Wall Street was generally calmer in 2014 than in previous years, but that doesn’t mean the stock market was devoid of drama.

Big selloffs in biotechnology and social media stocks had strategists predicting doom in the spring, and the plunge in oil prices has clouded the outlook for the coming year. It was a year when Cynk Technology, a development-stage company with no revenue, was briefly worth $6 billion, and when a long-forgotten closed-end fund focused on Cuba – the Herzfeld Caribbean Basin Fund – saw more trading in one day in December than it had in six years.

Dec 26, 2014

Big questions for markets for 2015

Dec 26 (Reuters) – Wall Street was generally calmer in 2014
than in previous years, but that doesn’t mean the stock market
was devoid of drama.

Big selloffs in biotechnology and social media stocks had
strategists predicting doom in the spring, and the plunge in oil
prices has clouded the outlook for the coming year. It was a
year when Cynk Technology, a development-stage company
with no revenue, was briefly worth $6 billion, and when a
long-forgotten closed-end fund focused on Cuba – the Herzfeld
Caribbean Basin Fund – saw more trading in one day in
December than it had in six years.

Dec 17, 2014

PepsiCo earnings may be pressured by currency fluctuations

Dec 17 (Reuters) – PepsiCo Inc earnings could come
under pressure in the fourth quarter due to currency
fluctuations, investors said, as the company’s biggest foreign
markets – Russia, Mexico and Canada – have all taken hits to
their currencies in recent months.

While international expansion has helped PepsiCo diversify,
it has exposed it to broader economic problems and forex
volatility, particularly as the U.S. dollar has risen rapidly.

Dec 17, 2014

U.S. stocks to rise again in 2015; oil, Fed moves loom large-Reuters poll

Dec 17 (Reuters) – U.S. stocks are expected to climb in 2015
as concerns about the prospect of a Federal Reserve
interest-rate hike are being offset by hopes for strong consumer
spending as oil prices fall, according to a Reuters poll.

The S&P 500 index is expected to rise to 2,103 by
mid-year and to end 2015 at 2,200, according to estimates from
48 strategists polled by Reuters in the past week.

Dec 17, 2014

U.S. stocks to rise again in 2015; oil, Fed moves loom large

By Sinead Carew

(Reuters) – U.S. stocks are expected to climb in 2015 as concerns about the prospect of a Federal Reserve interest-rate hike are being offset by hopes for strong consumer spending as oil prices fall, according to a Reuters poll.

The S&P 500 index is expected to rise to 2,103 by mid-year and to end 2015 at 2,200, according to estimates from 48 strategists polled by Reuters in the past week.

Dec 12, 2014

Oil slump leads Wall St to worst week in 2-1/2 years

NEW YORK, Dec 12 (Reuters) – U.S. stocks fell sharply on
Friday, leaving the benchmark S&P 500 with its worst weekly
performance since May 2012, as investors pulled back from the
markets in response to oil’s free-fall and more weak data out of
China.

Oil’s declines have underscored concerns about global
demand, and with the S&P 500 having hit a record high only last
week, investors were loath to fight the downward pressure on
stocks, which accelerated in the final minutes of trading. The
S&P dropped 3.5 percent on the week after seven straight weeks
of gains.

Dec 12, 2014
Dec 12, 2014

Oil, materials lead Wall St towards weekly loss

NEW YORK, Dec 12 (Reuters) – U.S. stocks fell on Friday,
putting the benchmark S&P 500 on track for its first weekly
decline in eight, after a further drop in oil prices and
disappointing data out of China pushed investors away from the
raw materials sector.

Oil’s fall has added to worries about global demand and
raised concerns about earnings for some energy companies, with
year-end tax selling putting more pressure on the sector. Even
bargain-hunters, for now, are staying away from energy shares.

    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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