Last Updated Stories in stocks

NY Stock Exchange hits 10,000, Highest in a Year

"The Dow jumped 144.8 points, or 1.5 percent, to 10,015.86 at 4:08 p.m. in New York. The Standard & Poor’s 500 Index increased 1.8 percent to a one-year high of 1,092.02, with financial and technology...

Aig shares bounces with their new CEO

Bloomberg reports: "Shares of AIG jumped 21% on Thursday after new CEO Robert Benmosche said he expects to repay government bailout money." Benmosche, who is originally from Croatia, hopes that AIG will be able to repay all the government debt. For his outrages actions,...

S&P 500 Forecast: mid-year update 2009

"S&P 500 Forecast: mid-year update 2009  ( Public )     Written by Rob Guerriere    Jun 16, 2009 at 07:17 AM This week, month, and the remainder of the yearI was happy to hear from...

North Korea Alleged To Have Conducted A Nuclear Test

The Korean Central News Agency reports that North Korea has successfully staged an underground nuclear test. Earlier, South Korea's Yonhap News Agency has alerted the world to allegations that North Korea might have conducted a nuclear test. South Korea's and the US...

Google GOOG: Economic Downturn Hits Search Engine Hard in Q1

Google is the Internet but hits to profitability during Q1 may see the search engine feeling pain for months to come.  Google Inc (GOOG) Chief Financial Officer Patrick Pichette expressed confidence in the Google business model but warned that there were significant...

European Union tightens up on bluefin tuna fishing rules

The European Union introduced new rules to help restore stocks of endangered bluefin tuna in the Atlantic and Mediterranean, meaning there will be significant cuts to fishing quotas by 2011 and the time fishermen...

Art for Alternative Asset's Sake

" Art for alternative asset's sake FORGET any romantic notion of artists happily starving in a draughty garret as they pursue their vocation. The latest generation are proving hard-headed about the commercial side of their business. Consider this missive from "Scotland's...

On the Road to Recovery – Cheer on the Springtime Market Rally

" On the Road to Recovery – Cheer on the Springtime Market Rally ( Public ) Written by Rob Guerriere    Mar 04, 2009 at 11:37 AM  I am officially back on the road working on the next...

Chinese Year of the Ox Ploughs into Asian Stocks

" Tony Tan, a Singapore-based astrologer, is urging investors heading into the ‘Year of the Ox’ to emulate the beast that lends its name to the lunar new year -- be patient and deliberate. Concerns about...

November 28 Market Summary

Today equity markets rallied around the world on Friday and appear to be forming support at current levels.  However, we are still waiting for a turnaround in the economic picture: unemployment is rising, and the supply of housing is still at record highs. Rising...

Market Update December 1, 2008

Today equity markets fell sharply on concern over a weakening economy.  Gallup indicates that consumers intend to spend 29% less on gifts this year.  To make matters worse for retailers, there are five...

Stocks Biggest Week Ever Since 1974 and Auto Bailout Nearing

"U.S. stocks gained, capping the biggest weekly advance for the Standard & Poor’s 500 Index in 34 years, on speculation that government bailouts will shore up the economy."The S&P 500 soared by more than...

Asian stock soar on global cues

The Mumbai stock market Sensex opened higher on Tuesday, taking cues from a rally across global markets after the U.S. government's rescue of Citigroup relieved wary investors.Markets surged in the opening...

Wal Mart Shifts CEO and Continues Its High Growth Internationally

"Wal-Mart Stores Inc., the world’s largest retailer, unexpectedly announced the retirement of Chief Executive Officer H. Lee Scott after almost nine years at the helm, replacing him with overseas chief Mike...

Stocks Soar in Late Trading

" After two days of punishing losses, Wall Street surged on Friday afternoon after news reports said that President-elect Barack Obama had tapped Timothy F. Geithner, the president of the New York Federal...

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