Bernanke soothes markets; Dow rises - Comments Off
The Fed boss says little evidence suggests the economy is falling apart; traders cheer by pushing major indexes higher. Procter & Gamble leads the Dow higher. New-home sales plunge. Oil prices move higher.
Avoid Martha Stewart, the company - Comments Off
Martha Stewart Living Omnimedia seems to have overcome the damage stemming from its namesake's legal troubles. But the company is still too closely tied to her fortunes.
Stocks rebound, but still end lower (AP) - Comments Off
AP - A still skittish Wall Street closed modestly lower Thursday, having clawed its way back from an early-session plunge after upbeat manufacturing data allayed fears about a flagging U.S. economy.
Investors nervous after big sell-off - Comments Off
While some investors are worried about what to do next, I will take this opportunity to move money out of the game industry and into a food retailer.
Finding meaning in yesterday’s sell-off - Comments Off
Besides the market meltdown in China, there are other factors that investors should not ignore.
Stocks fall as investors shun risk (Reuters) - Comments Off
Reuters - U.S. stocks slipped on Thursday in the
latest leg of a global equities sell-off as investors'
diminishing appetite for risk drove them to safer assets like
bonds.
NYSE continues to mop up from glitches (AP) - Comments Off
AP - The New York Stock Exchange on Wednesday continued its mop-up from the technical glitches that bottlenecked its trading system and triggered a temporary shutdown of electronic transactions during Tuesday's market plunge.
Time Warner Cable sees revenue growth (Reuters) - Comments Off
Reuters - Time Warner Cable Inc. expects 2007
revenue growth in the mid-to-high 30s percentage range, the
company said on Wednesday, a day before its shares begin
trading on the New York Stock Exchange.
Global markets stage cautious recovery (FT.com) - Comments Off
FT.com - Global stock markets staged a cautious recovery on Wednesday as Wall Street rallied a day after its worst slide since 2001 and other markets partially recovered from heavy early losses.
Dollar treads water after dousing (AFP) - Comments Off
AFP - The US dollar held steady Wednesday after losing ground a day earlier amid heavy falls on global stock markets and amid fears over Chinese and US economic growth.
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