EQUITIES

Wall St sinks as recovery hopes hurt

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Stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.

Wall St slides as recovery hopes dented

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U.S. stocks suffered their worst loss in seven weeks on Monday as weak data from Japan and a disappointing outlook from retailer Lowe's Cos dampened hopes about the economy's growth.
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Lowe's curbs expansion as consumers pull back

Lowe's Cos , the No. 2 U.S. home improvement chain, curbed its expansion plans and forecast worse-than-expected results in the third quarter as recession-weary consumers put off big renovations, sending its shares down more than 11 percent.
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Global recovery concerns sink Wall Street

Stocks fell broadly on Monday as ongoing concerns about the speed of a global economic recovery were compounded by data from Japan, which showed that while the world's No.2 economy returned to growth, the recovery may be shaky.
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Stock futures point lower as Japan data weighs

Stock index futures pointed to a steep fall at the open on Monday as global equities sold off after data from Japan showed that while the world's No. 2 economy returned to growth, a recovery may be shaky.
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Wall Street slightly pares losses after data

Stock futures slightly trimmed losses but still pointed to a steep drop at the open on Monday after a regional gauge of manufacturing suggested growth was returning to the sector.
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Stock futures point to drop as world stocks sink

Stock index futures pointed to a sharply lower open on Wall Street on Monday, mirroring a selloff in Asian and European stocks on mounting worries equities' recent surge had run ahead of the global economic recovery.
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Stock futures signal sharp drop after Asia selloff

Stock index futures extended their losses early on Monday, mirroring a selloff in Asian and European stocks on mounting worries the equities' recent surge had run ahead of the global economic recovery.
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World stocks, oil tumble on recovery doubts

World stocks fell by more than 1 percent on Monday, led by sharp drops in Asia, while government bonds and the dollar rose as doubts about the strength of a global economic recovery triggered a risk asset sell-off.
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Asian stocks fall as investors cut recovery bets

Asian stocks tumbled to their lowest level in over two weeks on Monday as investors raked in profits amid gloomy U.S. consumer data and a growing belief that market valuations had overtaken economic fundamentals.
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Stocks could pull back as earnings end

U.S. stocks could extend last week's retreat after a four-week advance as the earnings season winds down and investors search for signs that consumer spending will help sustain an economic recovery.
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Flaws halt work on Boeing 787 sections

Boeing Co said on Friday an Italian supplier stopped production in June on two sections of its long-delayed 787 Dreamliner after structural flaws were found on fuselages.
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Hedge fund suit says Icahn hurt XO investors

Activist investor Carl Icahn is under fire from a hedge fund that accuses the billionaire investor of enriching himself at the expense of minority shareholders in XO Holdings Inc , a company he controls.
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Wall Street slides after weak consumer sentiment data

U.S. stocks fell more than 1 percent on Friday after a report showed consumer sentiment weakened, while Boeing Co , a Dow component, pressured the index after flaws halted work on parts of its long-delayed jetliner.
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Stock futures rise as consumer data awaited

U.S. stock index futures pointed to a slightly higher open on Friday as investors await inflation and consumer sentiment data for more solid signs of an economic recovery.
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World stocks rally, China caps gains

World stocks hit 10-month highs for a second day running on Friday following upbeat growth data from the euro zone, but a fall in Chinese stocks and caution over the ongoing U.S. earnings season tempered gains.
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BofA-Merrill cuts European telecoms sector to neutral

Bank of America Securities-Merrill Lynch Research downgraded the European telecoms sector to neutral from overweight, saying the sector's relative earnings momentum is likely to lag that of sectors more geared into a recovering economy.
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Dole Food files for $500 mln IPO

Dole Food Co Inc filed with U.S. regulators on Friday to raise up to $500 million in an initial public offering of common stock.
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European data drives world stocks to 10-mth high

World stocks hit 10-month highs for a second day running on Friday after euro zone growth data in the previous session and positive earnings from the world's largest retailer also boosted sentiment.
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Japan stocks at 10-month high after eurozone data

Japan's Nikkei share average rose to a 10-month high on Friday after upbeat eurozone growth data and positive earnings from the world's largest retailer helped offset gloomy U.S. retail and jobs data, factors which brought down the dollar.

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