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Stocks Mixed on Interest Rate Concerns

Solid employment data failed to extend Wall Street's rally Friday as renewed interest rate concerns spurred profit-taking and left stocks mixed.

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L.A. Gas Dips to $3.32

The average price of a gallon of self-serve regular gasoline in the Los Angeles area declined for a third week although at slower rate, dropping 2.3 cents to $3.321 for the week ended June 5.

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Stocks Mixed As Oil, Gold Decline

Stocks fluctuated Monday as commodities prices fell sharply and discount retailer Target Corp. reported a weaker-than-expected profit.

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CEO Changes, Merger News Lifts Stocks

Investors cheered by management changes, a new round of merger deals and a drop in oil prices sent stocks higher Monday.

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Markets Drift After Fed Chief Remarks

Wall Street ended an aimless session barely lower Thursday after investors shrugged off comments about productivity by Federal Reserve Chairman Ben Bernanke.

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Dow Ends Down 64, Nasdaq Down 1

Investors concerned over erratic oil prices and a slowing economy sent stocks lower despite strong earnings from Cisco Systems Inc. and the Federal Reserve's pause in raising interest rates.

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CarParts.com Reports Strong Results for Third Quarter

CarParts.com Inc. posted strong third-quarter results driven in part by a pandemic-fueled shift in consumer behavior.

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Stocks End Lower as Oil Price Spikes

Stocks fell on Wednesday as surging oil prices offset remarks by Federal Reserve Chairman Alan Greenspan that signaled no change in interest-rate policy.

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Oil, Stocks Settle for Up-and-Down Day

Stocks ended mixed on Thursday as concern over higher oil prices continued to worry investors, while media shares got a lift after Viacom Inc. said it is considering splitting into two separate companies.

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Stocks Rise on Relief from Rita

Stocks ended the day slightly higher Monday as oil prices hovered near $66 a barrel in spite of lower-than-expected damage estimates from Hurricane Rita.

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Stocks Up on Ford, GM Shares

Stocks rose as investors sought out bargains after last week's selloff and disappointing financial-sector earnings raised concerns about corporate profits.

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Stocks Mixed on Greenspan Comments, Consumer Confidence

Stocks ended the session mixed Tuesday after Fed Chief Alan Greenspan said the economy has weathered the oil price surge "reasonably well" and consumer confidence suffered its biggest drop in 15 years.

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Market Stands Ground While Oil Hits New High

Wall Street showed resilience Friday, with the major market indices standing their ground even as oil prices settled at a new high and raised concerns about inflation.

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Stocks Up Despite Lukewarm Data

Stocks ended higher on Thursday, as merger activity gave the tech sector a lift, offsetting a report about higher labor costs that sparked worries about inflation and further interest-rate hikes.

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Stocks End Down on Amazon, Productivity

Stocks slid lower Thursday, weighed down by disappointing earnings from Amazon.com Inc. and a report showing low productivity gains from workers.

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Stocks Mixed on Boeing News, Tech Shares, Crude Rise

Stocks finished mixed on Monday as investors reacted to a management shakeup at Boeing Co. while tech shares rose on a higher profit outlook from Qualcomm Inc. and crude oil prices hovered near $54 a barrel.

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Stocks Up on Economic Reports

Stocks closed higher Thursday, as investors focused on a drop in unemployment claims, a narrower U.S. trade deficit in December and a rise in exports.

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Stocks End Mixed on Surging Oil Prices

Oil prices that topped $55 per barrel pressured stocks Thursday, leaving the major indexes mixed despite upbeat retail sales and strong economic news.

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JPL to Get Boost

NASA’s Jet Propulsion Laboratory in Pasadena may be a winner of NASA´s unusually high budget approved by Congress, the Los Angeles Daily News reports. The omnibus spending bill increased NASA’s budget by $1.3 billion and earmarked funds for two of the Jet Propulsion Laboratory’s future robotic missions to Mars and Jupiter’s moon, Europa.

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Immigrant Entrepreneurs - Ilona Todd

Special Report: IMMIGRANT ENTREPRENEURS

From a British clothing maker to a set designer from Rhodesia, the Business Journal spotlights seven business people who followed their dreams to Los Angeles.

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