Gold Price Bubble? Gold prices, what's ahead?
Stock Market Up and down, but when is the next bubble?
After some hesitation, the markets returned to rally mode Friday afternoon as the bulls look to use a series of mostly positive economic and earnings reports to send the Dow to its seventh-straight week of gains. Today’s Markets As of 2:54 p.m. EDT, the Dow Jones Industrial Average rose 145.27 points, or 1.83%, to 8101.38, [...]
Wall Street struggled to make headway Thursday afternoon as traders worried about the latest economic and labor reports underscoring the depth of the U.S. recession. Today’s Markets As of 12:26 p.m. EDT, the Dow Jones Industrial Average lost 49.22 points, or 0.62%, to 7837.11, the S&P 500 sank 3.77 points, or 0.47%, to 839.62 and [...]
Ford shares rally on Goldman Sachs upgrade to buy Analysts says bankruptcies from GM, Chrysler likely in coming weeks Ford Motor Co. shares jumped as much as 14% Wednesday after Goldman Sachs told investors that now is the time to buy ahead of an industry “sea change” that will benefit the nation’s second-biggest automobile maker. [...]
Airline stocks split directions Tuesday as two carriers posted better-than-expected first-quarter results, and a JPMorgan analyst downgraded three airlines and upgraded another. AirTran Holdings ( AAI – news – people ) Inc., parent of discount carrier AirTran Airways, led the group’s gainers after it posted a first-quarter profit of $28.7 million despite a 9 percent [...]
AT&T’s (T: 26.26, 1.01, 4%) earnings were down from a year ago, but the biggest U.S. telecom carrier still beat Wall Street’s estimates for the first quarter. It’s shares were up over 3% in midday trading Wednesday. AT&T reported profits of $3.1 billion, or 53 cents per share, in the first three months of 2009, [...]
The markets were mixed Wednesday afternoon as fears about the future of General Motors torpedoed Wall Street’s earlier rally. Today’s Markets As of 12:52 p.m. EDT, the Dow Jones Industrial Average lost 23.02 points, or 0.29%, to 7945.99, the S&P 500 rose 0.42 points, or 0.05%, to 850.53 and the Nasdaq Composite picked up 12.85 [...]
BOSTON–State Street Corp, one of the world’s biggest institutional investors, reported a 10% drop in quarterly profit Tuesday and said that it had $5.9 billion in unrealized losses in its investment portfolio. Net profit shrunk to $476 million, from $530 million a year before, while earnings per share stood at $1.02, down from $1.35 a [...]
U.S. stocks slid on Monday on concerns over the sustainability of recent better-than-expected results from banks after Bank of America Corp reported a big increase in troubled loans. Wall Street’s tumble follows a six-week winning streak, the longest for the S&P 500 since 2007, with the Dow scoring its biggest gain over the period since [...]
Don’t take last week’s two initial public offerings to mean it’s 1999 again. It has been 10 months since two IPOs have happened in one week. Rosetta Stone Inc., a language-instruction software company, and Bridgepoint Education Inc., which offers college courses over the Internet, both went public last week. The trouble is, neither of those [...]
Should I Buy Mattel Stock. Here is some recent news on Mattel Mattel (NYSE: MAT) opened at $13.70. So far today, the stock has hit a low of $13.60 and a high of $14.74. MAT is now trading at $14.44, up $1.41 (10.82%). Over the last 52 weeks the stock has ranged from a low [...]