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October 13, 2008 5:13:54 AM CDT

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Stories related to: Standard and Poor

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6 Stories

  • September 2008

    • As Stocks Tank, Campbell's Proves Hearty

      Reuters  |  Sep 30, 08 2:26 AM CDT

      As Stocks Tank, Campbell's Proves Hearty

      (Newser) - As investors stampeded to sell stocks as confidence plunged yesterday, lonely cans of Campbell's soup stood supreme. By the time the dust cleared, Campbell's was the only one of 500 firms in the Standard & Poor's index whose stocks rose, Reuters reports. The soup's shares jumped 12 cents. Some analysts believe investors were betting on a consumer rush to stock up on canned goods for hard times ahead. More »

      Tags

      stock market  • Standard and Poor  • Campbell's Soup  • stock index  • Campbell

    • Feds Search for WaMu Buyer

      New York Post  |  Sep 17, 08 1:06 PM CDT

      Feds Search for WaMu Buyer

      (Newser) - Washington Mutual, America's largest savings and loan, may be the next big financial institution to fail, the New York Post reports. Fearing a run on the struggling bank, federal regulators placed calls yesterday gauging interest in a WaMu buyout to Wells Fargo, JP Morgan Chase, HSBC, and others, but no further negotiations have been scheduled. More »

      Tags

      credit crisis  • mortgage backed securities  • Wells Fargo  • Washington Mutual  • bank failure  • savings  • Standard and Poor  • J.P. Morgan Chase

  • July 2008
  • June 2008

    • Financials Key Downward Spiral

      MarketWatch  |  Jun 2, 08 3:38 PM CDT

      Financials Key Downward Spiral

      (Newser) - Financials keyed major market losses as high-level personnel shuffles at Wachovia and Washington Mutual, plus a report by Standard and Poor that downgraded the ratings of several prominent banks, disconcerted investors, MarketWatch notes. The Dow lost 134.50 to settle at 12,503.82, and the Nasdaq lost 31.13, closing at 2,491.53. The S&P 500 lost 14.71, ending the day at 1,385.67. More »

      Tags

      Dow Jones  • credit crisis  • S&P 500  • Nasdaq  • Merrill Lynch  • Wachovia  • Washington Mutual  • WaMu  • Standard and Poor

  • March 2008

    • Goldman Sachs Switches Forecasters

      Bloomberg  |  Mar 18, 08 6:39 AM CDT

      Goldman Sachs Switches Forecasters

      (Newser) - Goldman Sachs has replaced its famously bullish chief forecaster, Abby Joseph Cohen,  with a less upbeat analyst, Bloomberg reports. Cohen will remain as senior investment strategist, handing over the daily predictions to David Kostin. Kostin sees a decline for the S&P 500 to 1160 in the short run, and a rebound to 1,380 by year's end. Cohen, by contrast, predicted in December that the index would reach 1,675 in 2008. More »

      Tags

      recession  • Goldman Sachs  • markets  • financial markets  • bear market  • Standard and Poor  • bull market

  • November 2007

    • Retail Leads Black Friday Rally

      Bloomberg  |  Nov 23, 07 2:34 PM CST

      Retail Leads Black Friday Rally

      (Newser) - Stocks rose in an abbreviated session today, cutting losses for the week as early-bird Christmas shopping gave reason for optimism. "The fact that Black Friday is not a disaster and is off to a modest but healthy start is just a relief,'' one analyst told Bloomberg. The Dow closed up 181.84 at 12,980.88, the Nasdaq up 34.45 at 2,596.60, and the S&P 500 at 1,440.70, up 23.93. More »

      Tags

      Dow Jones  • stock market  • Wal-Mart  • holiday shopping  • NASDAQ  • Target  • JCPenney  • Standard and Poor  • Black Friday

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