News
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Latest News in Stock Market and Investments
Video: Anti-gay marriage protesters
by Adam Pasick
17 Jun 2008 at 6:54am
A bystander talks about protests against same-sex marriage in San Francisco.
Video: David and Bruce on the eve of their wedding
by Peter Henderson
17 Jun 2008 at 6:51am
Two men attend the first wedding held at San Francisco’s City Hall after the California Supreme Court’s landmark decision enabling same-sex marriages went into effect on Monday. They are set to be married on Tuesday.
Plotlines: Bear market bounce for stocks?
by Daniel Burns
1 May 2008 at 1:37pm
The S&P 500 snapped a five-month losing streak in April with its best showing in more than four years, gaining 4.75 percent on the month. Some see that as a sign of a turnaround for stocks, which appear to be near their cheapest in over a dozen years.
A closer look at stock valuations, though, indicates […]
Plotlines: Gold falls vs oil, a murky inflation signal
by Alden Bentley
30 Apr 2008 at 1:16pm
Gold’s oil-buying power is at its lowest in three years. (The chart shows the price of oil rising relative to the price of gold.) Hedge funds and other traders who play the gold/oil spread could be taking profits. Otherwise, this is hard to explain, since gold is considered a leading indicator of inflation.
In the past […]
Plotlines: Here?s one signal the worst (may be) over in housing market
by Daniel Burns
25 Apr 2008 at 2:00am
The latest data on new home sales paints another grim picture of the U.S. real estate market. The pace of sales of new single family homes and condos fell to its slowest in 16-1/2 years in March. Inventory of unsold homes would take 11 months to work off at the current rate — […]
Plotlines: Are the bears waking up in bond land?
by Daniel Burns
8 Apr 2008 at 8:52am
The most powerful government bond market rally in years is showing signs of petering out. Investors appear increasingly reluctant to pay up for pricey Treasuries and they’re showing a nascent appetite for risk. The turnaround remains in the early stages and could quickly reverse itself, yet even now some significant pain is being felt among […]
Plotlines: ?Early-cycle? stocks outperforming so far this year
by Daniel Burns
2 Apr 2008 at 2:14pm
A basket of stocks meant to send the first smoke signals of broader recovery is on a tear. Will the broader market follow?
The Merrill Lynch early cycle index, made up of auto makers, home builders, retailers and building materials companies, is up 6.8 percent this week and 7.25 percent so far this year. To compare, […]
12 key dates in the demise of Bear Stearns
by Daniel Burns
17 Mar 2008 at 2:51pm
1: Dec 14, 2006
Bear Stearns posts record earnings, touting huge profit gains from then-booming businesses advising on mergers and arranging credit derivatives, distressed debt and leveraged finance deals.
Bear stock closes at $159.96. The average price target from Wall Street research analysts covering the stock is $166.24 according to Reuters Estimates.
2: Jan 12, 2007
Bear shares […]
Oil: Not as volatile as you might think
by Daniel Burns
6 Mar 2008 at 10:26am
Wednesday’s $5 surge in the price of oil was the largest one-day increase ever for crude, according to Reuters EcoWin data, and it stands as just the latest example of the big price swings that have gripped the energy complex since oil overtook the $100 a barrel mark.
At its peak Wednesday, when the front-month Nymex […]
Junk bond sales slump signals bankruptcy boom
by Walden Siew
29 Feb 2008 at 2:05pm
Business could hardly be slower in the junk bond market, but that means the bankruptcy business is set to go into overdrive.
Global high-yield bond sales are off to the slowest start since the 1991 U.S. recession as an anemic U.S. economy, worldwide credit crunch and no appetite for risk put the squeeze on corporations and […]
source: Reuters
November 02 2007 10:25 pm
