Stock Prices

Stock Prices in the Stock Market.

Let’s say that a new corporation is created and in its IPO it raises $20 million by selling one million shares for $20 a share. The corporation buys its equipment and hires its employees with that money. In the first year, when all the income and expenses are added up, [...]

Bush Statement on Financial Crisis

The following is President Bush’s statement Saturday on the financial crisis, as released by the White House. He spoke in the Rose Garden after meeting with financial ministers from the G-7 nations:
Thank you all very much. Good morning. [Treasury] Secretary [Henry] Paulson, Secretary [of State Condoleezza] Rice and I just had a productive discussion with [...]

World’s Financial Leaders Vow to Unite

WASHINGTON — President Bush and the world’s financial leaders staged repeated displays of unity Saturday to combat an unfolding credit crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action.
While there were no concrete offers of new moves made on Saturday, Mr. Bush pledged anew that his administration was doing [...]

Financial crisis: US stock markets suffer worst week on record

US stock markets have suffered their worst week on record following another torrid day of trading despite growing hopes that the government could step in to guarantee bank deposits and lending between financial institutions.

Bush: Serious crisis needs serious global response

WASHINGTON (MarketWatch) — President Bush urged global finance leaders on Saturday to work together on plans to fix “the serious global crisis” in credit markets. “We’re in this together.

Stock Market meltdown, Global problem, global cure

Investing experts say Europe needs to address its banking problems to get markets back on track - but stocks may almost be cheap enough to attract more foreign cash.
Global stock markets are in free fall Monday as European banks are starting to look like they may need their own bailout. In fact, several large financial [...]

The bottom is still to come in Stock Market, says one market timing indicator

Market timing converts:
Commentary: Stock Market Timing Popularity Indicator says bottom not yet at hand. Earlier this week, in reporting that contrarians did not believe the market had bottomed, I suggested that “When genuine capitulation finally takes place, few will recognize it as such at the time.”

U.S. stocks tank into the close, Dow marks 3rd-largest point loss in stock market crash

U.S. stock market indexes slammed as GM, financials hit. Dow industrials down over 5,500 points, or 39%, from year-ago peak. U.S. stocks on Thursday sprinted to fresh five-year lows, with the major indexes slammed for a seventh straight session as financial shares and General Motors Corp. tanked and global credit woes spurred panic-stricken investors to [...]

Stock market sentiment may be changing

Bullish double bottoms for Dow, TSX in the stock market. It appears that following several days of heavy selling pressure and yesterday’s big intraday battle between bulls and bears, markets appear to be stabilizing today. Earlier in the week, steep downdrafts suggested that there still may have been quite a bit of capitulation selling and forced [...]

Markets show no signs of bottom

“Buying stocks is a one-way ticket to the poor house in Stock Market Today .”