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Stocks move higher as investors turn positive about earnings

...stabilization going ... despite this week of fair to middling earnings reports," said Alan Ackerman, executive vice president of Fahnestock & Co. It took Wall Street most of Friday to put together its advance. Investors were pleased by positive earnings reports...

http://brainerddispatch.com/stories/102001/bus_1020010026.shtml
Business
Phillips Petroleum and Conoco merger unlikely to affect gas prices

...conditions intended to maintain competition in the energy market and keep prices from rising. Fadel Gheit, an energy analyst with Fahnestock & Co., said the deal shouldn't affect consumers or prices at the pump. "It was a step that was necessary for both companies...

http://brainerddispatch.com/stories/083102/nne_0831020029.shtml
News
Wall Street bonuses projected at record $13 billion this year

...before, so they're spending freely. But they're not bragging about it,'' said Alan Ackerman, senior vice president at Fahnestock & Co. and a 40-year Wall Street veteran. Without a doubt, people are still taking expensive time share rentals on Long...

http://brainerddispatch.com/stories/121899/bus_1218990059.shtml
Business
Winter shaping up to be mild for energy markets

...they were last year and, on average, consumers should expect tremendous savings," said Fadel Gheit, an energy analyst at Fahnestock & Co. in New York. Last winter, Americans paid dearly to heat their homes because natural gas supplies were extremely tight...

http://brainerddispatch.com/stories/100201/nne_1002010024.shtml
News
Wall Street takes vacation; summertime rally doubtful

...Wall Street's usual summer rally? Unlikely. "There is no catalyst," said Alan Ackerman, executive vice president of Fahnestock & Co. While the past week was shortened by the Independence Day holiday, it yielded enough big earnings warnings -- the...

http://brainerddispatch.com/stories/070701/bus_0707010044.shtml
Business
Wall Street faces extraordinary uncertainty when trading resumes

...Many people are of a mind to just get out of the market while they can," said Alan Ackerman, executive vice president of Fahnestock & Co. "Conversely, professionals and experienced investors know that patience pays off. So, hopefully the fear factor...

http://brainerddispatch.com/stories/091501/bus_0915010003.shtml
Business
Wall Street searching for catalyst for long-term advance

...17. "Rallies haven't been durable. Traders have been in and out," said Alan Ackerman, executive vice president of Fahnestock & Co. Unfortunately, there are no easy answers for a market struggling to pull together a lasting advance and seemingly...

http://brainerddispatch.com/stories/070602/bus_0706020012.shtml
Business
Despite rally, investors have little reason to hold on to stocks

...markets of the last four or five years when rallies followed rallies," said Alan Ackerman, executive vice president of Fahnestock & Co. "This market is much more selective," Ackerman added. "It swings to extremes. Traders are quick on the trigger...

http://brainerddispatch.com/stories/082501/bus_0825010062.shtml
Business
Investors spend week getting quickly in and out of tech, blue chips

...defensive," said Alan Ackerman, executive vice president of Fahnestock & Co. Analysts say investors likely will continue to seek...awaiting a catalyst to get it going," said Ackerman of Fahnestock. One factor that could help induce investors to bid the market...

http://brainerddispatch.com/stories/021001/bus_0210010002.shtml
Business
Safe haven or not, investors tap blue chips to lead market higher

...enthusiasm for tech. "Investors are beating a path to the safer havens," said Alan Ackerman, executive vice president of Fahnestock & Co. "We are still in a stock selective market." The Dow ended the week up 400.71, or 4.0 percent, after alternating...

http://brainerddispatch.com/stories/030202/bus_0302020032.shtml
Business

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