Skip to: Content
Skip to: Site Navigation
Skip to: Search

July 25, 2008 8:19:40 AM CDT

Learn about Newser Points »

Stories related to: stocks

Stories

Stories 1 - 20 of 78

<< Prev 1 2 3 4 Next >>
  • July 2008

    • Stocks Decline as Fannie, Freddie Fall, Oil Leaps

      newser  |  Associated Press  |  Jul 11, 08 9:56 AM CDT

      Stocks Decline as Fannie, Freddie Fall, Oil Leaps

      Stocks tumbled this morning as investors focused on troubles at mortgage companies Fannie Mae and Freddie Mac and watched oil prices climb further into record territory. The Dow fell more than 170 points and neared the 11,000 mark for the first time in two years. Investors seemed unimpressed by a statement from Treasury Secretary Henry Paulson, who said the government's focus is ensuring that Fannie and Freddie remain as presently constituted to carry out their mission. More »

      Tags

      stocks  • Henry Paulson  • Fannie Mae  • Freddie Mac  • Dow

    • Stocks Rebound on GM News

      newser  |  Wall Street Journal  |  Jul 1, 08 3:31 PM CDT

      Stocks Rebound on GM News

      Stocks rebounded from an early slump today after a better-than-expected sales report from General Motors, the Wall Street Journal reports. The GM news also pushed up stocks of other troubled automakers. The Dow ended up 32.25 at 11,382.26, the Nasdaq up 11.99 at 2,304.97, and the S&P 500 up 4.91 at 1,284.91. More »

      Tags

      stock market  • General Motors  • stocks  • consumer spending

  • April 2008

    • Kerkorian Bets Big on Ford Turnaround

      newser  |  Wall Street Journal  |  Apr 28, 08 4:22 PM CDT

      Kerkorian Bets Big on Ford Turnaround

      Investor Kirk Kekorian is gobbling up shares of Ford in move seen as a vote of confidence for the automaker’s turnaround efforts, the Wall Street Journal reports. Kerkorian’s Tracinda has bought about 100 million shares and holds a 4.7% stake in the firm. Tracinda also offered to buy 20 million more for $8.50 apiece, 13% more than their market value Friday. More »

      Tags

      General Motors  • stocks  • Ford  • Kirk Kerkorian  • US automakers  • investor  • downsizing

    • Stocks Fall on Dismal Earnings

      newser  |  Wall Street Journal  |  Apr 8, 08 3:38 PM CDT

      Stocks Fall on Dismal Earnings

      Stocks fell today as the first-quarter earnings report season began with dismal results and a grim new report confirmed that the housing slump hasn't bottomed out, Bloomberg reports. Washington Mutual, freshly bailed out by TPG, led financials lower after it slashed its dividend 93%. The Dow fell 35.99 to close at 12,576.44, the Nasdaq 16.07 to 2,348.76, and the S&P 500 7.00 to 1,365.54. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • stocks  • New York Stock Exchange  • AMD  • Alcoa  • WaMu  • Lennar Corp.

  • March 2008

    • Yen Pounds Dollar as Markets Fall

      newser  |  Reuters  |  Mar 3, 08 5:42 AM CST

      Yen Pounds Dollar as Markets Fall

      The dollar’s skid accelerated today, taking it to a three-year low against the Japanese yen, and pushing the free-falling greenback to a record bottom against the Swiss franc and other currencies amid worries that subprime woes will worsen, Reuters reports. Worldwide, stocks dove lower on broad concerns about the US economy. More »

      Tags

      subprime crisis  • stocks  • US dollar  • currency exchange  • Yen

  • February 2008
  • January 2008

    • Stocks Rebound After 400-Point Plummet

      newser  |  Wall Street Journal  |  Jan 22, 08 10:05 AM CST

      Stocks Rebound After 400-Point Plummet

      Stocks are rallying back after a terrifying open that saw the Dow fall over 460 points within minutes, the Wall Street Journal reports. Since then, buyers have returned, spurred on by the Fed’s unprecedented 0.75% emergency rate cut. The rally has so far recouped all but 145 points of the Dow’s drop, and pulled the Nasdaq out of the bear-market territory it had slipped into. More »

      Tags

      stocks  • Henry Paulson  • markets

    • NYSE To Buy Rival Exchange

      newser  |  Wall Street Journal  |  Jan 17, 08 6:09 PM CST

      NYSE To Buy Rival Exchange

      The Big Board is about to get a bit bigger: The parent company of the New York Stock Exchange agreed today to snap up its smaller rival, the American Stock Exchange, for $260 million in stock, the Wall Street Journal reports. The deal ends a rivalry that began during the colonial era and unites two towers of the American financial system. More »

      Tags

      stocks  • New York Stock Exchange  • stock exchange

    • Starbucks Founder Back in CEO Saddle

      newser  |  Wall Street Journal  |  Jan 7, 08 7:45 PM CST

      Starbucks Founder Back in CEO Saddle

      Starbucks reacted to slow sales and new competition today by bringing back founder Howard Schultz as CEO, replacing folksy chief exec Jim Donald. "We must address the challenges we face and we know what has to be done," Schultz said. Schultz vows to reignite sales by trimming back US stores and management, and expanding abroad, the Wall Street Journal reports. More »

      Tags

      US economy  • stocks  • Starbucks  • coffee  • CEO  • Howard Schultz

  • December 2007

    • Investors Uncork Wild Wine Prices

      newser  |  Washington Post  |  Dec 30, 07 6:50 PM CST

      Investors Uncork Wild Wine Prices

      Investors are uncorking a new area of speculation these days: fine wine. Thanks to the Internet, which has turned an elite hobby into a worldwide auction, prices are overflowing. Buyers can even throw money at vino investment funds and an electronic trading exchange based in London, which is up 39% this year, and behind oil by only seven points, the Washington Post reports. More »

      Tags

      China  • Russia  • stocks  • auction  • wine  • luxury goods

    • Apple Shares Smash $200 Barrier

      newser  |  Bloomberg  |  Dec 26, 07 3:40 PM CST

      Apple Shares Smash $200 Barrier

      Apple's shares hit a record high today, climbing $1.80 to $200.60 before retreating to close at $198.95. Strong sales of the Macintosh computer, iPod, and iPhone fueled the rally, reports Bloomberg, and Apple says sales this holiday season will be the highest in its 31-year history. The company's stock price has more than doubled in 12 months, meaning Apple now has a higher market value than Dell, IBM, and Intel. More »

      Tags

      Apple  • iPhone  • stocks  • iPod  • Steve Jobs  • Macintosh

  • November 2007

    • PetroChina Becomes First Trillion-Dollar Company

      newser  |  Bloomberg  |  Nov 5, 07 8:14 AM CST

      PetroChina Becomes First Trillion-Dollar Company

      In its first day of trading, PetroChina Co. became the world’s most valuable company, hitting $1 trillion in market capitalization after shares nearly tripled to 43.96 yuan from an IPO of 16.7 yuan. It’s now worth more than the entire Russian stock market. Some analysts interpreted the valuation as  “an indication of China coming of age,” Bloomberg reports. For others, it’s a sign of an unsustainable market bubble. More »

      Tags

      China  • gas prices  • stocks  • Chinese stock market  • PetroChina  • Asian stocks

    • Citigroup Worries Hit World Markets

      newser  |  Reuters  |  Nov 5, 07 6:56 AM CST

      Citigroup Worries Hit World Markets

      Asian and European stock indexes declined today, and US futures dropped sharply as news of Citigroup's projected $11 billion writedown triggered fears that the subprime mortgage crisis will continue to roil markets. Japan’s Nikkei stock index closed 1.5% down, a 7-week low, and Hong Kong's Hang Seng index fell 5.01%, AP reports. UK, German, and French indexes were all off in midday trading. More »

      Tags

      credit crisis  • mortgage crisis  • Citigroup  • stocks  • Nikkei 225 Stock Average

  • October 2007
  • September 2007

    • Goldman Up Whopping 76% in 3rd Quarter

      newser  |  Wall Street Journal  |  Sep 20, 07 10:20 AM CDT

      Goldman Up Whopping 76% in 3rd Quarter

      Two financial giants posted dramatic earnings this morning: Goldman Sachs wowed investors with a 79% surge in third quarter net income, while Bear Stearns’ dropped 61% thanks to massive hedge-fund losses. The two were on opposite sides of the subprime collapse. Bear Stearns is among the top packagers of mortgage-based securities, which Goldman short-sold for huge gains. More »

      Tags

      stock market  • Bear Stearns  • stocks  • Goldman Sachs  • finance

    • Dubai Buys Nasdaq, LSE Shares

      newser  |  Bloomberg  |  Sep 20, 07 8:01 AM CDT

      Dubai Buys Nasdaq, LSE Shares

      Dubai will buy substantial stakes in two stock markets in an attempt to diversify its holdings beyond petroleum, Bloomberg reports. Borse Dubai, the emirate's investing arm, will acquire almost 20% of the Nasdaq and 28% of the London Stock Exchange. The Nasdaq purchase includes a deal for a Norwegian exchange as well and gives Nasdaq its first foothold in Europe. More »

      Tags

      Nasdaq  • stocks  • Dubai  • London Stock Exchange  • OMX

    • Market Still Partying After Cut

      newser  |  Wall Street Journal  |  Sep 19, 07 9:36 AM CDT

      Market Still Partying After Cut

      Wall Street kept the party going today, as the Federal Reserve’s half-point rate cut kept pushing stocks up. Financials even shrugged off disappointing earnings from Morgan Stanley, which posted a more-than-expected 17% drop in net income for the quarter, the Wall Street Journal reports. The Dow rose 58.04 points in early trading, with the S&P gaining 9.97 and the Nasdaq up 19.03. More »

      Tags

      stock market  • Federal Reserve  • Wall Street  • stocks  • New York Stock Exchange

    • Asia Stocks Surge After Fed Cut

      newser  |  Bloomberg  |  Sep 19, 07 5:00 AM CDT

      Asia Stocks Surge After Fed Cut

      Asian stocks rebounded after the US Federal Reserve announced a half point cut in its key lending rate in a bid to bolster growth and avoid a consumer spending slowdown. Toyota, Samsung Electronics and Honda, among those companies with the most to lose from a loss of consumer confidence, led the gains, reports Bloomberg. More »

      Tags

      Federal Reserve  • recession  • stocks  • interest rate cut  • Asian markets  • markets  • Japanese economy

    • Fed Slashes Benchmark Rate

      newser  |  Bloomberg  |  Sep 18, 07 2:05 PM CDT

      Fed Slashes Benchmark Rate

      The Federal Reserve aggressively cut its benchmark rate today, dropping the federal funds rate a half-point to 4.75%. The larger-than-expected cut was “intended to help forestall” the ballooning credit crisis, the central bank said in a statement. The cut in the key interest rate, the first in 4 years, was double the quarter-point drop that had been widely expected, Bloomberg reports. More »

      Tags

      stock market  • Federal Reserve  • credit crisis  • stocks  • interest rate cut  • benchmarks

Stories 1 - 20 of 78

<< Prev 1 2 3 4 Next >>

Today's Most Popular

Loading...

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »