Technology stocks have been among some of the hardest hit in recent months, but IBM’s new plan to buy back $15 billion of its own stock, boosted the market on Tuesday, and sent the tech giant’s stock up nearly 5% in intraday trading. IBM’s stock prices have fluctuated between its 52 week high of $120 […]
Filed under: | No Comments »
Hewlett-Packard (HPQ) blew away estimates this week, raising full year projections by 5%, and sending the stock’s prices soaring on Wednesday. Just before Wednesday’s close, the stock was up 8% on the day, on top of a 3% gain during Tuesday’s after hours trading. The company’s report was glowing in several areas, including […]
Filed under: Uncategorized | No Comments »
Fidel Castro has formally given up power in Cuba after over 50 years of rule. What this change means for the Cuban economy is unknown, but likely changes will occur, and reforms to bring the isolated island into the mainstream of the world’s countries will probably be undertaken in the upcoming years.
On Wall Street, investors […]
Filed under: | No Comments »
Most countries’ indexes have felt the pressure over the past few months due to massive selling. India, seemingly, has taken the wind out of its own sails by passing a new set of rules designed to regulate the amount of foreign funds entering the country. INP, the ETN issued by Barclays that is designed to […]
Filed under: | No Comments »
February 7th was the first day of the Chinese New Year. The second day is the day in which people of Cantonese descent open their businesses and pray for luck in business. From Wikipedia:
The Rat (Chinese:?) was welcomed in ancient times as a protector and bringer of material prosperity. It is the […]
Filed under: Uncategorized | No Comments »
Coming off Tuesday’s disastrous 370 point drop, the Dow trended up in the morning, but couldn’t hold the gains in the afternoon. Just before noon, the index was up almost to 12,400 after opening at 12,257, but afternoon selling dropped the index down to its close at 12,200. Cisco and Macy’s reported bad news which […]
Filed under: | No Comments »
Stocks News
