U.S. Markets
Stocks jump on report of Geithner nomination (AP)
Wall Street got a boost of confidence late Friday following a report that President-elect Barack Obama plans to name New York Federal Reserve President Timothy Geithner as Treasury secretary. Read
NSTAR shares rise on outlook, dividend increase (AP)
Shares of NSTAR jumped Friday, a day after the gas and utility operator offered a 2009 profit guidance range mostly above analyst estimates and announced a dividend increase. Read
Sector Snap: Oil sector rises on crude prices (AP)
Shares of oil companies rose on Friday along with the broader market after crude prices rebounded from an earlier slide. Read
Intuit shares rise; analyst sees solid tax segment (AP)
Intuit Inc. shares climbed Friday, a day after the company reported solid quarterly results, as an analyst said the maker of tax preparation software may benefit from consumers switching to its products from paid accountants in a tough economy. Read
Fed's Geithner to be tapped for Treasury: reports (Reuters)
Timothy Geithner, the president of the New York Federal Reserve Bank, is expected to be tapped by President-elect Barack Obama to be the next secretary of the U.S. Treasury, NBC News and the Wall Street Journal reported on Friday. Read
Wall Street rally on news of Geithner for Treasury (Reuters)
Stocks rallied late on Friday after multiple news reports that New York Federal Reserve President Timothy Geithner will be nominated as President-elect Barack Obama's Treasury secretary. Read
Sector Snap: National Banks (AP)
Shares of national banks plunged Friday amid worries about the economy and concerns that the government's financial rescue plan won't be sufficient to cover future losses. Read
Financial crisis drives up interest in economics (AP)
Stocks are down, down, down. But student interest in economics appears to be trending upward. The financial crisis has made "the dismal science" more relevant and immediate to many high school and college students, and they are suddenly paying closer attention in class. Read
Pantry shares drop after 4th-quarter report (AP)
Shares of The Pantry Inc. sank Friday, a day after convenience store chain offered initial guidance for fiscal 2009 that said merchandise revenue could fall and retail gasoline sales could be flat. Read
Sector Snap: Gold makers jump on higher price (AP)
Shares of the world's largest gold mining companies jumped on higher gold prices Friday as investors shifted into precious metals and demand for the product continued to build. Read
Humana shares fall after company investor meeting (AP)
Share of Humana Inc. fell more than 6 percent Friday, a day after the insurer discussed possible Medicare Advantage funding cuts during an investor day meeting in New York. Read
US gas prices dip below $2 as oil prices waver (AP)
Only four months after peaking at an unheard of $4.11 a gallon, the national average price for gasoline tumbled below $2 Friday, its lowest point in more than three years. Yet the global economic contrast between then and now could not be more stark. Read
Oil hovers at $50 (CNNMoney.com)
The price of oil fell Friday, settling at a 5 1/2 year low, as volatile stock prices raised concerns about waning global energy demand. Read
Movers roundup: Borders, Tiffany (AP)
Shares of Borders Group Inc. plunged Friday after its top competitor reported disappointing third-quarter results, setting a dark stage for Borders to report its results next week. Read
Movers roundup: JPMorgan Chase, Foot Locker (AP)
JPMorgan Chase & Co. shares tumbled to a six-year low Friday, as investors fled big bank stocks amid fresh concerns about the stability of the financial sector. Read
Citigroup, AnnTaylor, Smucker, Gap big movers (AP)
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Read
Movers roundup: KeyCorp, TiVo (AP)
KeyCorp shares tumbled Friday, as investors punished the regional bank for slashing its dividend for the second time in five months and continued to flee financial stocks amid concerns about the stability of the sector. Read
Movers roundup: Gap, JM Smucker (AP)
Gap Inc.'s stock soared Friday morning, as investors upgraded the retailer's stock after it posted a stronger-than-expected third-quarter profit. Read
Delta to trim future US, international capacity (AP)
Nine days after announcing new overseas routes for 2009, Delta Air Lines Inc., the world's biggest carrier, said in a regulatory filing Friday it plans to reduce future domestic and international capacity because demand for seats has slowed amid the global financial crisis. Read
Nike shares jump on dividend increase (AP)
Shares of Nike Inc. jumped Friday after the shoe and apparel company increased its regular quarterly dividend by 9 percent, to 25 cents from 23 cents per share. Read
Finance news provided by Yahoo! Finance. Financial news presented by Yahoo! FINANCE.