Posts RSS Comments RSS 168 Posts and 0 Comments till now

Archive for November, 2008

Stocks on win streak amid more bad economic news

Stocks on win streak amid more bad economic news
WASHINGTON (AP) — Wall Street finally has something to be thankful for. A set of economic reports out Wednesday were predictably gloomy, but the stock market continued its winning streak. The Dow Jones industrials rose 247 points, the first time since April 15-18 there were four straight days of gains….

Retail, Energy Lead Rally; Oil Near $128

Stocks rallied, with the Dow ending just shy of  its session high, after an unexpected drop in jobless claims and solid sales reports from some retailers including Wal-Mart. A credit-rating downgrade on bond insurers spurred a quick dip but stocks quickly bounced back.  Oil closed near $128 a barrel.    Read More

Up and Down With Video Game Stocks
So the Dow Jones pancaked yesterday, dropping a record 778 points, or just shy of 7 percent, while the NASDAQ composite index took an over 9 percent spill, down nearly 200 points, after the House scuttled a $700 billion…

The Dollar is Pressured by the Rise in Equities

The Dollar is Pressured by the Rise in Equities
A stream of gloomy economic news this morning will make it hard for the stock markets to hold their latest gains. Renewed worries about a deepening economic recession revived some safe-haven flows into the greenback during the early morning. The euro rebounded later as the European stocks open on the positive side. “The market is trying to find out whether the dollar will shift to a falling trend or not, after seeing it gain on the theme of risk aversion,” said Kengo Suzuki, a currency

Markets Surge to Biggest One-Day Gain Since Great Depression
NEW YORK, Oct. 13 — Wall Street shrugged off its worst week ever and staged the biggest single-day rally since the Great Depression, catapulting the Dow Jones industrial average to a record 936-point gain and offering relief from eight consecutive days of heavy losses. U.S. stock market paper gains totaled $1.2 trillion Monday, according to the Dow Jones Wilshire 5000 composite index, which represents nearly all stocks traded in the United States.

LOUD Gets A Nasty-Gram From Nasdaq

LOUD Gets A Nasty-Gram From Nasdaq
This isn’t good news for fans of Alvarez, Ampeg, Crate, EAW, Mackie, Martin Audio and TAPCO gear. LOUD Technologies today announced that it received a notice from the Nasdaq Stock Market indicating that the Company is not in compliance with the requirements for continued listing under Nasdaq Marketplace Rule 4310(c)(14), because it did not file its Quarterly […]

Why the markets are in a panic over Obama

Why the markets are in a panic over Obama
By Donald E. Johnson The stock market has plunged since late September when it became pretty clear that President-elect Barack Obama would become our next president in January. Why? Uncertainty. While the mounting financial crisis certainly has had a major…

Taiwanese iPhone hints at carrier freedom

Taiwanese iPhone hints at carrier freedom
A new service package announced for the Taiwanese iPhone may suggest that Apple is allowing more freedom when it comes to carrier personalization. Local carrier Chunghwa Telecom has revealed the existence of Hami, a set of free services intended specifically for iPhone owners. People will have access to 11 services in total, including special news, weather and stock market trackers, as well as a…

European stocks surge ahead of expected US gains
European stock markets surged Monday ahead of expected gains on Wall Street later and on relief that the U.S. government is providing a lifeline to ailing banking giant Citigroup Inc. Asian markets underperformed their European counterparts.

Are there any bright spots amid the gloom of the current stock market crisis?

Are there any bright spots amid the gloom of the current stock market crisis?
This is a year for the record books. As we stand gaping at the incredible market losses in the last three months, we search for comparisons. The period I remember most vividly is 1973-1974. Large common stocks lost 14.7 percent in 1973 and another 26.5 percent in 1974. At the time, it was the worst decline since the Great Depression.

Are there any bright spots amid the gloom of the current stock market crisis?

Are there any bright spots amid the gloom of the current stock market crisis?
This is a year for the record books. As we stand gaping at the incredible market losses in the last three months, we search for comparisons. The period I remember most vividly is 1973-1974. Large common stocks lost 14.7 percent in 1973 and another 26.5 percent in 1974. At the time, it was the worst decline since the Great Depression.

Geithner rallies stocks but Citi still ailing
NEW YORK (Reuters) - President-elect Barack Obama wants New York Federal Reserve President Timothy Geithner as his Treasury secretary, news that sparked a stock market surge on Friday and fostered confidence that Obama may be taking up the U.S. economic reins before his inauguration in January.

Examiner - New York, NY — FINRA — New York, NY
FINRA, created through the consolidation of NASD (National Association of Securities Dealers) and the member regulation,enforcement, and arbitration functions of the New York Stock Exchange …

Taiwan shares tumble 4.5 pct on Wall Street rout

Taiwan shares tumble 4.5 pct on Wall Street rout
Taiwan shares tumbled Thursday, weighed by Wall Street hitting a five-year low overnight and weakness on neighboring Asian bourses. The weighted price index of the Taiwan Stock Exchange fell 194.16 points, or 4.5 percent, to close at 4,089.93, the session low.

Grand Canyon Education cuts IPO price for a second time

Grand Canyon Education cuts IPO price for a second time

LONDON (MarketWatch) — Grand Canyon Education cut its initial public offering price for a second time, now planning to sell 10.5 million shares between $12 and $14. Earlier this month, it planned to sell between $16 and $18, and initially the Arizona school was expecting to sell the IPO for $2 more than that. The company plans to trade under the LOPE symbol on the Nasdaq Global Market.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

European stocks dragged down by US auto worries

European stocks dragged down by US auto worries
LONDON (AP) — European and Asian stock markets dropped Wednesday ahead of expected losses on Wall Street amid concerns about the future of the U.S. automotive industry and ahead of crucial U.S. inflation and housing data….

Global stocks fall sharply
Overseas stock markets fell sharply Thursday, taking a cue from Wall Street, as investors remained anxious about the grim outlook for the global economy and corporate profits.

Next »