News

Stocks trade flat on concern about China inflation (AP)

Stocks traded in a tight range for a fourth day Thursday after China reported a sharp jump in inflation. Mixed U.S. economic news also held the market back.

Financial Stocks: Bank stocks extend gains; Citi, regionals in lead (at MarketWatch)

U.S. regional bank shares add to the past session s gains Thursday, and Citigroup shares gained more than 1%, as investors looked ahead to comments from a number of bank executives.

US STOCKS SNAPSHOT-Nasdaq turns positive (at Reuters)

The Nasdaq turned positive and the Dow and S&P 500 pared losses on Thursday as big-cap technology shares rose, offsetting worries about money tightening in China.

Biotech Stocks: BioSante rallies on study; drug stocks slip (at MarketWatch)

Shares of BioSante Pharmaceuticals Inc. soar in early action, powered by a study that shows its GVAX Leukemia vaccine appeared to be effective in battling chronic myeloid leukemia, or CML.

Airline Stocks: Airline stocks fall; IATA raises global forecast (at MarketWatch)

Investors take profits day after some carriers hit 52-week highs.

Retail Stocks: Bed, Bath & Beyond leads sector lower; Gymboree up (at MarketWatch)

Retail stocks fell Thursday, led by Bed, Bath & Beyond Inc., after a broker said the home-furnishings retailer s comparisons will become tougher as the one-year anniversary of a bankrupt rival passes.

BioSante soars on study; drug stocks slip (at MarketWatch)

Shares of BioSante Pharmaceuticals Inc. soared 16% in early action Thursday, powered by a study that showed its GVAX vaccine appeared to be effective in batting chronic myeloid leukemia, or CML.

US STOCKS-Markets fall after jobless data, China CPI (at Reuters)

* Chinese consumer inflation hits 16-month high * Weekly jobless claims fall, trade gap narrows * Devon jumps after deal to sell fields to BP for $7 bln

UPDATE - Auto parts company s shares rise in NYSE debut (at Reuters)

* Begins trade at $18, matching IPO price * Rises as high as $18.70 in morning trading NEW YORK, March 11 - Shares of car parts maker Sensata Technologies Holding rose as much as 3.9 percent on their first day of trading on the New York Stock Exchange on Thursday after opening at their initial offering price.