Dec. 22 (Bloomberg) --
the money-losing maker of
the Treo and Centro mobile phones, rose 22 percent in Nasdaq
trading after investor Elevation Partners LP agreed to pay $100
million to increase its stake.
Elevation will get preferred stock convertible into common
shares at $3.25 each, Palm said today. The price is 31 percent
more than Palm’s close Dec. 19. [...]
NEW YORK (AP) — Stock prices fluctuated Friday, as investors initially cheered the government's pledge to lend as much as $17.4 billion to U.S. automakers, but remained wary about whether the money will make a lasting difference for the beleaguered industry.
The Dow Jones industrial average rose by as much as 182 points in the [...]
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NEW YORK (AP) — Wall Street turned cautious Tuesday after a two-day rally and as downbeat corporate news reminded investors that the economy's troubles won't soon ease. The Dow Jones industrials fell nearly 225 points, while broader indexes showed more moderate declines.
Investors worry that companies' difficulties could make an economic turnaround difficult. FedEx Corp. [...]
LONDON (CNNMoney.com) -- European shares lost momentum following a dismal U.S. jobs report, but Asian markets closed higher Friday as investors responded to the latest round of rate cuts from central banks around the world.
In the U.S., the Labor Department said the country lost nearly
though October and the unemployment rate hit a 14-year [...]
Associated Press
10.22.08,
9:37 PM ET
Shares of Ameriprise Financial Inc. fell sharply in trading Wednesday after Keefe, Bruyette & Woods downgraded its rating for the company to "Market Perform" from "Outperform."
Stock of the financial services company fell $3.93, or 15.3 percent, to $21.82. Shares have traded between $16.51 and $69.25 over the [...]
After days of free fall, right now is the time to buy
, The Jakarta Post, Jakarta
One of the "irrationalities" on the stock market is that most people are reluctant to buy when the stock prices are plummeting. They will start buying when the prices are on the rise and the higher the price, [...]
KUWAIT CITY (AFP) — Arab shares tumbled for the fourth day running on Wednesday but the Saudi bourse, the region's largest, rebounded after an international rate cut while the Egyptian market made up some ground.
Concerns mounted about the impact of the global financial crisis on the oil-rich Gulf, where the region's seven stock markets [...]
NRI kills family, self after stock market collapse
LOS ANGELES: The financial crisis in the U.S. has claimed a whole Indian family of six when an unemployed NRI killed his wife, three sons and his mother-in-law before fatally shooting himself, after suffering serious losses in the stock market collapse.
Karthik Rajaram (45), who once made [...]
MOSCOW (AFP) — Trading on the Russian stock market was suspended for a third day on Thursday after the worst plunge in share prices since the 1998 financial crisis, a market spokesman told AFP.
"Trading has not started again. We have not received permission from the FSFM (Federal Service for Financial Markets)," a spokesman for [...]