NEW YORK (MarketWatch) — U.S. stocks fell Friday after the National Association of Realtors reported sales of existing homes fell 7.2% in January and a measure of consumer sentiment fell. The Dow Jones Industrial Average fell 48.44 points to 10,272.59
NEW YORK (MarketWatch) — Energy stocks traded flat in early action on Friday. The NYSE Arca Oil Index dipped 0.1% to 1,017. The NYSE Arca Natural Gas Index rose 0.2% to 536
BOSTON (MarketWatch) — Freddie Mac , the mortgage-finance giant in government conservatorship, said Friday that it will stop buying and securitzing interest-only mortgages on or around Sept. 1, 2010. The loans, which have come under fire in the wake of the housing bust, allow borrowers to only pay interest for a set amount of time without principal payments.
FRANKFURT (MarketWatch) — Crude futures traded little changed on Friday after data showed that U.S. real gross domestic product increased at a 5.9% seasonally adjusted annualized pace, revised up from 5.7% estimated last month
NEW YORK (MarketWatch) — CenterPoint Energy Inc. on Friday said its fourth-quarter net income rose to $105 million, or 27 cents a share, from $87 million or 25 cents a share, in the year-ago period
NEW YORK (MarketWatch) — Pepco Holdings Inc.
LONDON (MarketWatch) — Consumer inflation across the 16-nation euro zone rose at an annual pace of 1% in January, up from 0.9% in December, the European Union statistical agency Eurostat reported Friday.
LONDON (MarketWatch) — British gross domestic product expanded 0.3% in the final three months of 2009, the Office for National Statistics said in a revised estimate Friday, up from an initial projection of 0.1% quarterly growth. Economists had forecast a revision to show 0.2% growth. Compared to the same period last year, GDP fell 3.3%, compared to an initial estimate of a 3.2% decline
LONDON (MarketWatch) — Engine maker Rolls-Royce said Friday that it will offer to buy the 67% of Odim it doesn’t already own for 45 Norwegian kroner, or 1.4 billion kroner. Odim is a Norwegian marine technology company which develops and sells advanced automated handling systems for seismic and offshore vessels. (Corrects typo in headline.) Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
LONDON (MarketWatch) — Engine maker Rolls-Royce said Friday that it will offer to buy the 67% of Odim it doesn’t already own for 45 Norwegian kroner, or 1.4 billion kroner. Odim is a Norwegian marine technology company which develops and sells advanced automated handling systems for seismic and offshore vessels
