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Samantha Bomkamp

S&P cracks 1,400 for first time since 2008

Last updated Thursday, March 15, 2012 - 4:51pm

NEW YORK -- The stock market cleared another barrier Thursday in its long recovery from the Great Recession: The Standard & Poor's 500 index closed above 1,400 for the first time since June 2008.

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In this Feb. 3, 2012 photo, trader Anthony Riccio, left, works on the floor of the New York Stock Exchange. Stocks were trading lower on Tuesday, Feb. 7,2012, as talks dragged on in Greece to agree the terms of a second bailout _ and avoid looming bankruptcy _ despite intense pressure from the country's euro partners. (AP Photo/Richard Drew)

Stocks ease as Greece debt talks continue

Samantha Bomkamp The Associated Press

Last updated Tuesday, February 7, 2012 - 10:11am

NEW YORK -- Stocks fell in morning trading Tuesday as investors once again turned their eyes to Greece, where talks dragged on over terms of new spending cuts.

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FILE - In this Jan. 18, 2012 file photo, a trader rushes across the floor of the New York Stock Exchange. European leaders' hard line in negotiations with Greek bondholders drove stock markets lower on Tuesday, Jan. 24, 2012, as investors worried that a deal necessary to cut Athens' mountain of debt might fall through. (AP Photo/Richard Drew, File)

Stocks fall on worries about Greece talks

Samantha Bomkamp The Associated Press

Last updated Tuesday, January 24, 2012 - 1:06pm

NEW YORK -- Stocks are falling in morning trading Tuesday as investors remain concerned that a deal to cut Greece's debt might fall through.

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In this Jan. 18, 2012 photo, specialist Matthew Diez, left, works on the floor of the New York Stock Exchange. Financial markets were subdued Thursday, Jan. 19, 2012, as investors awaited developments in Greece's debt-reduction talks with private creditors, a day after the International Monetary Fund revealed it was looking to get its hands on another half a trillion dollars to help it shore up a fragile global economy. (AP Photo/Richard Drew)

Stocks edge higher as unemployment claims decline

Samantha Bomkamp The Associated Press

Last updated Thursday, January 19, 2012 - 11:33am

NEW YORK -- U.S. stocks edged higher in early trading Thursday following strong bank earnings and a decline in applications for unemployment benefits.

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FILE - In this Jan. 10, 2012 photo, a pair of specialists study a screen as they work on the floor of the New York Stock Exchange. Strong bond auctions in Italy and Spain dramatically drove down their borrowing costs and lifted stocks Thursday, Jan. 12, 2012, providing a reprieve from Europe's relentless debt crisis. (AP Photo/Richard Drew, File)

Stocks open mixed; jobs report comes in weak

Samantha Bomkamp The Associated Press

Last updated Thursday, January 12, 2012 - 10:14am

NEW YORK -- Stocks are opening mixed after an increase in unemployment claims dampened optimism about strong bond auctions in Italy and Spain.

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(TONY GUTIERREZ/The Associated Press) In this June 29, 2011 file photo, an American Airlines aircraft at Dallas-Fort Worth International Airport, in Grapevine, Texas. The parent companies of American Airlines and its regional affiliate American Eagle are filing for Ch. 11 bankruptcy protection Tuesday, Nov. 29, 2011.

American Airlines parent seeks Ch. 11 protection

David Koenig, Samantha Bomkamp The Associated Press

Last updated Tuesday, November 29, 2011 - 8:04am

FORT WORTH, Texas — American Airlines and its parent company are filing for Chapter 11 bankruptcy protection as they seek to cut costs and unload massive debt built up by years of high jet fuel prices and labor struggles.

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UPS expects 6 percent rise in holiday shipments

Samantha Bomkamp The Associated Press

Last updated Monday, November 7, 2011 - 12:29pm

NEW YORK -- UPS expects package deliveries the week before Christmas to rise 6 percent compared with 2010, as more shoppers wait until the last minute to buy gifts online.

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