NEW YORK (AP) — Wall Street brushed off more bad economic news Tuesday to finish with a moderate advance that left broad stock indexes at their highest levels in two months.
Stocks gained after stumbling in the early going because of mixed readings on the service sector, factory orders and pending home sales. While investors [...]
The stock market struggled to recover from a tumultuous 2008 yesterday (Tuesday) while digesting a trio of downbeat economic reports from the manufacturing, housing and service sectors.
The reports included separate data on factory orders and pending home sales for November, as well as the
report on the non-manufacturing index for [...]
Forbes Medi-Tech Inc. (TSX: FMI)(NASDAQ: FMTI) ("Forbes" or "Company") announced that the Company received a letter from The Nasdaq Stock Market ("NASDAQ") stating that NASDAQ has decided to extend its suspension of the bid price and market value of publicly held shares requirements. As a result of this extension, the Company's compliance deadline is now [...]
On Wall St on Friday, the Dow Jones Industrial Average index rose 258.3 points, or 2.94 per cent, to 9034.69 as investors awaited details of a fiscal stimulus plan to be offered by the administration of US President-elect Barack Obama to revive the spluttering economy.
The broader Standard & Poor's 500 index gained 28.55 points, [...]
(RTTNews) -
The Thai stock market has finished higher now in four straight sessions, collecting more than 10 points or 2.5 percent in the process. Off since [...]
NEW YORK (CNNMoney.com) -- Stocks rallied Friday, with investors starting off a new year on the right foot, after an abysmal 2008, and the Dow closing above 9,000 for the first time since November.
) rose 258 points, or 2.9%. It was the second-best start of the year on a point basis, according to Dow [...]
THE logic behind decoupling, one of 2007’s big ideas, was that foreign markets and economies were strong enough to withstand an American recession. Then stocks plunged every bit as much overseas as here.
The theory is proving more resilient than the markets. It is drawing new adherents who contend that decoupling was not the wrong [...]
An investor would have to be made of Pyrex to withstand the extremes of 2008.
As the closing bell rang Wednesday afternoon, it mercifully ended the third-worst stock market year in history.
500 stock index fell 38.5 percent in 2008, rivaling the 38.6 percent drop in 1937 and the record 47.1 percent plunge in 1931.
[...]
Emerging-Market Stocks Sink in 2008, May Rebound on BRICs Rally
Jan. 1 (Bloomberg) --
fell the most
ever last year and investors are looking for Brazil, Russia,
India and China to lead a reversal in 2009.
tumbling 54 percent in 2008,
compared with a 38 percent drop in the Standard & Poor’s 500
Index and a 42 percent loss [...]
Dell Replaces Jarvis, Cannon in Global Reorganization (Update5)
Dec. 31 (Bloomberg) --
, the world’s second-biggest
personal-computer maker, replaced
as chief marketing officer as
it strives to revive sales amid a worldwide recession.
, and Jarvis will be
replaced by
as part of a global reorganization, Dell
said today in a statement. Both will leave by the end of [...]