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Signed contracts to buy homes tumble 0.9 per cent in November to a 10-month low

2015-12-30 17:25:35| Real Estate - Topix.net

Fewer people signed contracts to purchase homes in November, as the real estate market appears to have cooled after sales gains for much of 2015. The National Association of Realtors said Wednesday that its seasonally adjusted pending home sales index fell 0.9 per cent to 106.9 last month.

Tags: to buy november low

 

Truckers tumble after Knight cuts guidance, suffers downgrade

2015-12-19 02:28:53| Trucking - Topix.net

Trucking stocks tumbled today after Knight Transportation cut its Q4 earnings guidance , citing excess capacity, a reduction in non-contract opportunities and an increase in driver pay - problems evident throughout the industry. Citi downgraded KNX to Neutral from Buy with a $25 price target today, and sees the risk of additional freight slowing as a possibility; although KNX's Q4 freight activity is similar to 2014 levels, slack capacity and less urgency from shippers is pulling volume out of lucrative seasonal trades, Citi says.

Tags: guidance cuts knight suffers

 
 

U.S. stock futures tumble on Friday morning as crude oil extends its selloff.

2015-12-18 15:14:03| Air Courier - Topix.net

U.S. stock futures tumbled on Friday morning as crude oil extended its selloff, putting it on track to close with its third weekly loss. S&P 500 futures were down 0.51%, Dow Jones Industrial Average futures slid 0.56%, and Nasdaq futures fell 0.32%.

Tags: stock friday morning oil

 

U.S. stock futures tumble on Friday morning as crude oil extends its selloff.

2015-12-18 15:04:07| Trucking - Topix.net

U.S. stock futures tumbled on Friday morning as crude oil extended its selloff, putting it on track to close with its third weekly loss. S&P 500 futures were down 0.51%, Dow Jones Industrial Average futures slid 0.56%, and Nasdaq futures fell 0.32%.

Tags: stock friday morning oil

 

Mid-Afternoon Market Update: FedEx Gains On Earnings Beat; Teekay Shares Tumble

2015-12-18 13:04:14| Air Courier - Topix.net

Toward the end of trading Thursday, the Dow traded down 1.04 percent to 17,565.29 while the NASDAQ dipped 0.89 percent to 5,026.17. The S&P also fell, dropping 1.07 percent to 2,050.86.

Tags: market update beat shares

 

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