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Hurricane Sandy shuts stock trading for 2 days

Submitted by Fox First at Ten on October 29th

By BERNARD CONDONAP Business Writer NEW YORK (AP) - Remember when President Grover Cleveland ran for a second consecutive term, Jack the Ripper spread terror in London and Kaiser Wilhelm II became German emperor? Yes, it's been that long. On Monday, shortly after midday, the New York Stock

Superstorm Sandy takes aim at Atlantic coast

Submitted by Fox First at Ten on October 29th

By ERIN McCLAM and KATIE ZEZIMAAssociated Press ATLANTIC CITY, N.J. (AP) - A furious Hurricane Sandy began the westward lurch that forecasters feared and took dead aim at New Jersey and Delaware on Monday, washing away part of the Atlantic City boardwalk, putting the presidential campaign on hold

Snow plows out in Appalachia, ski resorts opening

Submitted by Fox First at Ten on October 29th

By JOHN RABY and MICHAEL BIESECKERAssociated Press CHARLESTON, W.Va. (AP) - Snow plows were out in parts of the southern Appalachian mountains Monday, preparing for as much as 3 feet of snow in higher elevations spawned by the merger of a winter storm with Hurricane Sandy. The early snowfall

Sandy leaves death, damp and darkness in wake

Submitted by Fox First at Ten on October 29th

By ALLEN G. BREED and TOM HAYSAssociated Press NEW YORK (AP) - As Superstorm Sandy marched slowly inland, millions along the East Coast awoke Tuesday without power or mass transit, with huge swaths of the nation's largest city unusually vacant and dark. New York was among the hardest hit,

Storm will keep financial markets closed Tuesday

Submitted by Fox First at Ten on October 29th

NEW YORK (AP) - Stock trading will be closed in the U.S. for a second day Tuesday as Hurricane Sandy bears down on the East Coast. Bond trading will also be closed. The last time the New York Stock Exchange was closed for weather was in 1985 because of Hurricane Gloria, and it will be the first

Glance: A look at unusual NYSE closings

Submitted by Fox First at Ten on October 29th

By The Associated Press The New York Stock Exchange planned a rare shutdown Monday because of Hurricane Sandy. The last time the NYSE closed down for a weather-related event was on Sept. 27, 1985, for Hurricane Gloria. Here's a look at other unusual NYSE closings throughout history. Aug. 8

Storm leads companies to postpone earnings reports

Submitted by Fox First at Ten on October 29th

NEW YORK (AP) - A number of major U.S. companies postponed quarterly earnings reports scheduled for Monday and Tuesday, as Hurricane Sandy barreled into the East Coast and caused the first unplanned shutdown of financial markets since 2001. Pfizer Inc., Thomson Reuters Corp., Time Warner Cable Inc

Mammoth storm Sandy plunges NYC into darkness

Submitted by Fox First at Ten on October 29th

By JENNIFER PELTZ and TOM HAYSAssociated Press NEW YORK (AP) - Much of New York was plunged into darkness Monday by a superstorm that overflowed the city's historic waterfront, flooded the financial district and subway tunnels and cut power to hundreds of thousands of people. The city had

Hurricane forces NYSE to shutter on Monday

Submitted by Fox First at Ten on October 28th

NEW YORK (AP) - The New York Stock Exchange and other U.S. financial markets are shutting down Monday as Hurricane Sandy bears down on the nation's largest city. The NYSE's parent company said late Sunday that it had decided to close all of its markets the next day. The shutdown might be

Hurricane forces NYSE to shutter on Monday

Submitted by Fox First at Ten on October 28th