October 19th, 2011
Apple missed big with its fourth-quarter results, a rare feat for the iPhone and iPad maker, which usually topples forecasts.
The miss stunned Wall Street: Apple shares [AAPL 422.24 2.25 (+0.54%) ] tumbled after-hours and were down more than 7 percent at one point. (Click here for the latest [...]
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August 5th, 2011
For investors who endured the bruising downturn and were seeing green again in their 401(k)s, Tuesday’s Wall Street tumble was a rude awakening – and a reminder that retirement savings are not always secure.”People are frightened,” said Scott Brewster, a certified financial planner with Brewster Financial Planning in Park Slope, Brooklyn. “Everywhere we turn, there [...]
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July 13th, 2011
NEW YORK (CNNMoney) — After spending two months focused largely on the state of the U.S. economy, investors will get a chance to turn their eyes back to Corporate America this week.
Several key companies will report their results for the second quarter this week, with investors getting profit reports from Dow members Alcoa (AA, Fortune [...]
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July 13th, 2011
NEW YORK (CNNMoney) — Fear is running high in the bond market.
Treasury prices began the week sharply higher, sending the benchmark 10-year yield below 3% for the first time since June 27.
“Being under 3% means a fear trade — we need to get back to at least 3% to have more confidence,” said William Larkin, [...]
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October 12th, 2008
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.
The Dow Jones fell 456.3 to 8122.2 leading to a 21pc fall over the week after the index on Thursday suffered its [...]
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October 11th, 2008
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.
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October 11th, 2008
Treasury planning a program to attract private capital alongside public capital to financial institutions.
NEW YORK (CNNMoney.com) — Treasury Secretary Henry Paulson said on Friday that the U.S. government was working on a plan to buy stock in financial institutions by using part of the $700 billion authorized by Congress to stabilize the financial system.
“We are [...]
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