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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: share price

share price stories: 13 news summaries

 Smokes, Beer 
 Worth More 
 Than Stock  

Whole Foods shares worth less than a pound of scallops in their stores

Mar 11, 09 6:48 PM CDT
(Newser) - Why settle for the goods when you can get the factory—or a piece of it—instead? Gawker finds more companies whose shares are worth less than products they sell:
  • Have dreams of owning a brewery? Scoop up an Anheuser-Busch share ($20.16) for less than one Bud Light
... More »

MORE ABOUT:
stock market • Wall Street • list • recession • share price • financial crisis

 Feds, Citigroup Close 
 In on Rescue Deal 

Government could take over losses for troubled financial giant

Nov 23, 08 5:54 PM CST
(Newser) - Citigroup is closer to getting a new round of financial help from the feds, the New York Times reports. Regulators are discussing a plan today for the US to take on losses at the bank if they exceed certain levels. In effect, the plan would create a "bad bank"... More »

MORE ABOUT:
Citigroup • Citibank • share price • financial crisis

 Frantic Citigroup
 Considers
 Sell-Off 

Merger or sale become options as bank scrambles to stop the drop

Nov 21, 08 4:20 AM CST
(Newser) - Citigroup is keeping all its options on the table as its share price plunges—including selling itself, insiders tell the Wall Street Journal.  The battered giant's share price plummeted another 26% yesterday—its worst one-day hit ever—chalking up an 83% dive for the year. Directors plan crisis talks... More »

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Citigroup • Goldman Sachs • mergers and acquisitions • Morgan Stanley • Citibank • Vikram Pandit • share price • financial crisis

Brutal Market
Doesn't
Spare Buffett

Berkshire Hathaway takes biggest
dive in decades

Nov 20, 08 3:53 AM CST
(Newser) - The "Oracle of Omaha" is proving even he's not immune from market blows, reports Bloomberg. Warren Buffet's Berkshire Hathaway took a 12% nosedive yesterday, its biggest one-day fall since 1987's Black Monday. The conglomerate is down 41% for the year and has been dropping steadily for eight days after... More »

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investing • Warren Buffett • investment • Berkshire Hathaway • Oracle of Omaha • share price • credit default swap

UPDATED

 Asian Markets Mauled 

Markets across Asia plummet to multi-year lows amid intractable recession fears

Oct 24, 08 2:11 AM CDT
(Newser) - Asian markets took a hammering today for the third day in a row as investors looked ahead and saw nothing but gloom, Marketwatch reports. The Nikkei index nosedived 9.6% to a five-year low. Indexes in Hong Kong, South Korea, China, Taiwan, and Australia all sank to multi-year lows. Analysts... More »

MORE ABOUT:
stock market • Nikkei • Hang Seng • Asian markets • share price • Kospi

 Lehman 
 Employees 
 Feeling 
 the Pain 

With the share price plunging and no buyers on the horizon worry turns to fear

Sep 12, 08 8:03 AM CDT
(Newser) - Lehman Brothers employees who watched their colleagues at Bear Stearns lose their jobs earlier this year are preparing for a similar fate in an already clogged field, reports the New York Times. “Everyone is walking around like they have just been Tasered,” said one Lehman employee. Making matters... More »

MORE ABOUT:
Bear Stearns • Lehman Brothers • takeover • share price • spinoff • financial crisis

Airline Shares Bounce Back as Oil Prices Fall

Analyst predicts carriers could be back in the black next year

Aug 12, 08 2:30 AM CDT
(Newser) - Airline shares rose yesterday following an analyst's prediction that the big carriers could be back in the black by next year, reports the Wall Street Journal. The stocks have been recovering since mid-July as oil prices started to slip downward and the industry's cost-cutting and revenue-boosting measures began to take... More »

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airline industry • US Airways • United Airlines • gas prices • share price • airlines

 Clog-Maker Crocs Falling Off

Firm has seen drastic decline in sales, share price

Aug 1, 08 4:10 PM CDT
(Newser) - Crocs, Inc,. the firm that makes those ubiquitous rubber clogs, is having a bit of a fashion emergency. The stock has lost 90% of its value in less than a year, and the company predicts a 20% sales decline by the end of 2008, NPR reports. The firm’s execs... More »

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business • shoes • Crocs • sales • share price • trend • footwear • fads

 Microsoft Retracts Yahoo Offer 

CEO Steven Ballmer refuses to pay $37 per share

May 3, 08 7:42 PM CDT
(Newser) - Microsoft withdrew its latest offer to buy Yahoo today after the companies' chief execs haggled over price at a Seattle meeting, the New York Times reports. Microsoft CEO Steven Ballmer offered $33 per share, but Yahoo's Jerry Yang wanted $4 per share more in the blockbuster deal. More »

MORE ABOUT:
Yahoo • Microsoft • Jerry Yang • shares • Steve Ballmer • share price

EARNINGS REPORT

Rosy Q1 for Google 

Search giant profits up 30% as international ad business takes off

Apr 17, 08 5:45 PM CDT
(Newser) - Google reported a 30% increase in first-quarter profits today, bettering analysts’ predictions and sending share prices up 17%, Bloomberg reports. Forecasters had assumed that growth in domestic advertising clicks would slow, but Google said it “remains healthy;” a 55% increase in international ad sales gave the search giant... More »

MORE ABOUT:
Google • Wall Street • ad revenue • share price • quarterly profits • foreign currency • advertising sales

 Lehman Is Selling $3B in Shares 

Firm seeks to calm fears of another Bear Stearns disaster

Mar 31, 08 7:25 PM CDT
(Newser) - Lehman Brothers is selling $3 billion in new shares to allay fears after its stock dropped 42% this year, Bloomberg reports. "We still maintain that we don't need capital, but we've realized that perception is the dominant issue in today's markets,'' said CFO Erin Callan. Lehman fell up... More »

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stock market • Wall Street • Bear Stearns • Lehman Brothers • US economy • securities • subprime crisis • share price • weakening economy • investment banks • financial crisis

Slowing Click Rate Hits
Google Shares

Third monthly decline prompts fears for search king 

Mar 28, 08 8:49 AM CDT
(Newser) - Google shares declined 2.7% yesterday as the company reported its third month-on-month drop in advertising clicks, MarketWatch reports. Google's market share is still expanding, but that growth won't show up on the bottom line if the clicks that generate revenue keep slipping. The firm has shed 14% of its... More »

MORE ABOUT:
Google • advertising • online advertising • search engine • ad revenue • share price • ad clicks

SEC Delves Deeper Into Execs' Pay

Regulator pushes companies to reveal criteria for measuring performance

Jan 29, 08 3:28 PM CST
(Newser) - The SEC wants companies to tell shareholders how they measure an executive’s performance when calculating pay, but companies are balking, reports the Wall Street Journal. Their reticence has prompted the commission to send out a second wave of letters to some of the 350 companies it originally queried... More »

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executive compensation • earnings reports • SEC • Bristol Myers Squibb • share price

13 Stories


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