BOSTON COMPANIES - Ahead of the Bell: Sun Microsystems shares climb - Boston Globe BOSTON COMPANIES - Ahead of the Bell: Sun Microsystems shares climb - Boston Globe

Wednesday, January 28, 2009

BOSTON COMPANIES - Ahead of the Bell: Sun Microsystems shares climb - Boston Globe

NEW YORK— Shares of Sun Microsystems Inc. climbed in premarket trading Wednesday after the company's fourth-quarter loss was smaller than Wall Street feared. Shares of the fourth-largest server company climbed 35 cents, or 8 percent, to $4.34, but in Stock and Shares News

NEW YORK (AP) - Bank stocks surged Wednesday amid expectations the government will start buying the companies' troubled assets, wiping them off battered balance sheets. Analysts said stocks were rising partly because investors were optimistic the in Stock and Shares News

NEW YORK - Financial stocks led Wall Street higher Wednesday on investor hopes the Obama administration will create banks to absorb the bad assets weighing down the financial system. The Standard & Poor's 500 index, a benchmark for the overall stock in Stock and Shares News

NEW YORK (Reuters) - Shares of major U.S. banks soared after the market open on Wednesday, boosted by optimism that President Barack Obama's administration was moving quickly to stabilize the banking sector and as lawmakers get ready to vote on a in Stock and Shares News

LONDON, Jan 28 (Reuters) - European shares rose for a third straight session on Wednesday as a 50 percent surge in Lloyds Banking Group boosted the financial sector that has struggled due to heavy toxic debt and massive writedowns. Optimism that the in Stock and Shares News

The New York Times Co said on Wednesday it hired banking firm Goldman Sachs to help it sell its stake in the Boston Red Sox baseball team. The 17.75 percent stake is in New England Sports Ventures (NESV), which owns the Red Sox, their home field of in Stock and Shares News

AT&T Inc.'s (T) fourth-quarter net income fell 24% on charges related to acquisitions and severance costs, but the company's operations continued to be weighed down by the ongoing deterioration in the landline business. The company's shares were up 3 in Stock and Shares News

LONDON, Jan 28 (Reuters) - European shares rose for a third straight session on Wednesday as a 50 percent surge in Lloyds Banking Group boosted the financial sector which has struggled due to heavy toxic debt and massive writedowns. The FTSEurofirst in Stock and Shares News

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