BlackBerry Maker Research In Motion and Yahoo Remain Stagnant Stocks
CNBC’s Jim Cramer points out that both BlackBerry maker Research In Motion and Yahoo! remain stocks to sell
2:11 pm | Posted in Media & Communications | Read More »
CNBC’s Jim Cramer points out that both BlackBerry maker Research In Motion and Yahoo! remain stocks to sell
Online marketplace leader EBay reported Monday that it will pay $2.4 billion to acquire GSI Commerce, which operates websites for retailers like Toys R Us, Ralph Lauren, NFL and Bath & Body Works
Bloomberg reports that Goldman Sachs has affirmed that it will buy back $5 billion of preferred stock it sold to Berkshire Hathaway in 2008 when its stock plummeted in the wake of the Lehman Brothers collapse
Bloomberg — September 13, 2010 — U.S. stocks rose, sending benchmark indexes to the highest levels in a month, as surging Chinese output and a forecast for faster growth in Europe boosted confidence in the global economy. JPMorgan Chase & Co. and Bank of America Corp. rose at least 3 percent as regulators gave banks [...]
The Wall Street Journal — September 10, 2010 — Tokyo raised the heat on Beijing for contributing to a strong yen, adding to tensions between Asia’s two largest economies. As the yen hovered near a 15-year high against the U.S. dollar Thursday, Japanese Finance Minister Yoshihiko Noda called for talks with China over its recent [...]
Los Angeles Times — September 9, 2010 — President Obama laid out a sweeping argument for retaining Democrats and punishing Republicans in the upcoming midterm elections, calling on voters Wednesday to reject economic policies advanced by the GOP that he said favor millionaires at the expense of struggling families. Obama took the unusual step of [...]
MarketWatch — September 8, 2010 — U.S. stocks on Wednesday recouped the bulk of the prior day’s slide after the Federal Reserve reported continued but decelerated economic growth across the country and President Barack Obama ruled out extending Bush-era tax cuts for the wealthiest Americans. In its survey by 12 regional banks, the Fed reported [...]
The Wall Street Journal — September 8, 2010 — U.S. stocks bounced back from the previous day’s declines as concerns about European bank health subsided. The Dow Jones Industrial Average added 44 points, or 0.4%, to 10385 in early trading, with financial stocks among the strongest performers. The Standard & Poor’s 500-stock index advanced four [...]
The Wall Street Journal — September 8, 2010 — Asian stock markets were weaker Wednesday after Wall Street declined amid concerns over the health of European banks, with exporter shares dragging the Tokyo market lower amid ongoing strength in the yen. Japan’s Nikkei Share Average was down 1.7% while Australia’s S&P/ASX 200 slipped a more-modest [...]
The New York Times — September 7, 2010 — Some 161 companies are seeking to raise more than $56 billion through initial public offerings, according to Renaissance Capital, an I.P.O. research firm. That is the most companies in the I.P.O. pipeline since 2000 and the largest pent-up dollar amount on record. “We haven’t seen such [...]
