US stocks slide on Europe concerns
Tweet New York: US stocks dropped Wednesday with the S&P 500 back to negative territory for the year, as sentiment was still pressured by lingering European concerns. Italy Wednesday successfully sold 9 billion euro 6-month bonds at 3.251 percent, just half of the 6.4 percent yield last month, suggesting that the country's borrowing cost significantly [...]
Tweet Washington: Despite setting new sales and profit records over the last three months and blowing past the $100 billion mark Apple's revenue and earnings on the last quarter fell far short of Wall Street's forecasts. With an all-time record sale of Macs and iPads, Apple said Tuesday its net income for the quarter rose [...]
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Tweet New York: US stocks gained Monday after investors' concern over world economy drove the S&P 500 down for four weeks, Xinhua reported. Investors worried that the US economic recovery will be stagnated due to weak job market and higher risk of inflation last week but some of them began to think that it's a [...]
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Tweet New York: Wall Street rallied Monday helping to erase all losses after the Standard & Poor's downgrading of the US rating, as investors were hunting bargains following a roller-coaster week, Xinhua reported. As the downgrade aftermath fades away, the investors are now paying more attention to the economic situation. With a positive view toward [...]
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• Asian markets plunge on back of euro fears and US losses
• World stock markets tumble sharply again, with the FTSE falling 191 points
• Dow Jones Industrial Average falls by 512 points in biggest one-day fall since late 2008
• Oil and gold both decline, as investors race for US Treasuries
• Read a summary of today’s events
Tweet New York: With all three indexes rallying for the fifth straight day, Wall Street Friday finished its best week in nearly two years, Xinhua reported. The Dow Jones industrial average ended at 12,582.77, gaining 5.3 percent for the past week and wiping out all of June’s losses. The broader Standard & Poor’s 500 rose [...]
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Tweet Toronto: After its 21 percent plunge Friday, BlackBerry maker Research In Motion (RIM) continued to bleed Monday, with its stock further diving almost seven percent. At $25.41 now, RIM stock is at its lowest since 2006. Even as its fortunes plunged on the market, the top Canadian company suffered another major setback as its [...]
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Tweet Toronto: In the biggest one-day fall in its fortunes Friday, the BlackBerry company Research In Motion (RIM) plunged about 21 percent – or more than $7 per share – after Thursday’s poor quarterly results. The stock of the iconic wireless giant closed at $27.24 – the lowest in five years – after RIM posted [...]
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Tweet Toronto: The stock of BlackBerry maker Research In Motion (RIM) closed at a new low of $ 41.72 on the Toronto Stock Exchange Monday after the wireless giant recalled about 1,000 PlayBook tablets because of a faulty operating system. The last time RIM stock traded at these levels was in late 2006. On Nasdaq, [...]
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Tweet Toronto : As expected, shares of Research In Motion (RIM) tanked Friday after the BlackBerry maker slashed its outlook for the current quarter a day earlier. On the Toronto Stock Exchange, RIM stock plunged 14.4 percent to $46.09 after investors ditched Canada’s top technology which is going through what its co-CEO Jim Balsillie calls [...]
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