Among the sector activity stories for Thursday, May 15, from AP Financial News:
NEW YORK (AP) _ Shares of Chinese Internet companies mostly rose Thursday, with Sina Corp. leading the sector after the company said its first-quarter profit surged and issued second-quarter revenue guidance above analysts' expectations.
NEW YORK (AP) _ Airline stocks rose sharply Thursday after oil prices gave up earlier gains.
NEW YORK (AP) _ Shares of major homebuilders rose Thursday as Congress nears a deal on a rescue package that could help a half million struggling homeowners receive government-backed mortgages.
NEW YORK (AP) _ Investors flocked to the drybulk sector Thursday, as a key shipping index set an all-time high amid increasing activity for the vessels that carry commodities including iron ore, coal and grain.
NEW YORK (AP) _ Shares of packaging companies traded higher on Thursday after an analyst said the industry is poised for growth due to tighter supply and upgraded two companies in the sector.
NEW YORK (AP) _ Semiconductor stocks rose in midday trading as the broader market advanced Thursday, after an analyst recommended investors continue to buy chip stocks.
Terms & Conditions
RSS Headlines
Fool UK