stock market – News Stories About stock market - Page 168

Dow Hits Another Record —17th for the Year

May 2, 2007 4:43 PM CDT

Dow Hits Another Record —17th for the Year

(Newser) - Strong factory orders and media-buyout mania helped push the Dow to another record high, closing at 13,211. The index jumped 76 points, riding news of yesterday's News Corp. offer for Dow Jones and Co. and today's Cablevision deal, as well as a better-than-expected March bump in factory orders.

News Corp. Offers $5B For Dow Jones

May 1, 2007 1:29 PM CDT

News Corp. Offers $5B For Dow Jones

Unsolicited bid boosts media stocks, may spark feeding frenzy

(Newser) - Rupert Murdoch's News Corp. has made an unsolicited $5 billion offer to buy Dow Jones & Co., which publishes the Wall Street Journal. Dow Jones publicized the mogul's suit today to an immediate 58% spike in value. Murdoch owns the New York Post and TV giant Fox News.

Layoffs Sink Stock Prices, Says Study

Apr 29, 2007 8:00 AM CDT

Layoffs Sink Stock Prices, Says Study

Forget the Seven Percent Rule; workforce morale critical to value

(Newser) - Economists have long doubted the precept that cutting a company's payroll will lead to a spike in its stock price. But try telling that to CEOs, who are still trying to emulate the turnarounds achieved by G.E. and Proctor & Gamble. Now, a study reveals that markets actually have...

Cops Capture "Bishop" Bomber

Apr 26, 2007 8:25 AM CDT

Cops Capture "Bishop" Bomber

Dubuque man charged with mailing pipe bombs to investment companies

(Newser) - Police nabbed "The Bishop"—the bandit who's been sending unwired pipe bombs to Midwestern investment firms for the last two years—they announced yesterday. John P. Tomkins, a 42-year-old machinist in DuBuque, Iowa, was charged with one count each of mailing an extortion letter and possessing an unregistered...

Dow Breaks 13,000
In Record Close

Apr 25, 2007 3:50 PM CDT

Dow Breaks 13,000 In Record Close

(Newser) - The Dow Jones surged to a record close this afternoon, riding better-than-expected durable good orders in March and soaring profits from online bellweather Amazon to close just past 13,000. News that Alcoa was exploring plans to sell its packaging and consumer business also buoyed shareholders.

Own a Piece Of Your Favorite Athlete

Apr 23, 2007 10:55 PM CDT

Own a Piece Of Your Favorite Athlete

Plans are in motion for a stock market in professional athletes

(Newser) - The good news: fantasy sports will soon be obsolete. The bad news: the replacement is far more insidious. Companies are currently designing stock markets in athletes that would allow fans (not to mention dispassionate investors) to buy and sell shares in individual stars and up-and-comers in the sporting...

Dow Hits New High

Apr 20, 2007 3:27 PM CDT

Dow Hits New High

Blue-chip average flirts with 13,000; S&P 500, Nasdaq reach 6-year peaks

(Newser) - The Dow closed at a record high of 12,961.98 today, gaining 153.35 points as it rode a wave of positive earnings reports that pushed the S&P 500 and the Nasdaq to six-year highs, too, CNN reports. The Dow reached an all-time high of 12,966.29...

Dow Powers to Record High

Apr 19, 2007 7:08 AM CDT

Dow Powers to Record High

(Newser) - The Dow rose 30.80 points yesterday, closing above 12800 for the first time. The new record was powered was by JP Morgan Chase, Boeing and Caterpillar, while nearly two-thirds of the Dow components failed to make gains, the Wall Street Journal reports. Tech stocks continued to be weak; the...

Stocks Swing on CEO House Size

Apr 13, 2007 1:55 PM CDT

Stocks Swing on CEO House Size

(Newser) - Don't buy stock in a company whose CEO lives in a huge house, a new study says. CEOs who move into regular-sized digs —5,600 square feet for the typical company head — see their company's stock jump an average 6% the following year. Those who go palatial...

Nasdaq Options Philly Mart

Apr 11, 2007 3:59 PM CDT

Nasdaq Options Philly Mart

Eyes exchanges options business

(Newser) - The tech-heavy Nasdaq exchange is looking to expand into the options-trading market, and it's in talks with the Philadelphia Stock Exchange about a possible merger. Nasdaq's bid to buy the third-largest options trading exchange, valued at up to $300 million, comes as a number of bigger exchanges are on the...

Wall Street Tigers Bearish on Stocks

Mar 28, 2007 7:37 AM CDT

Wall Street Tigers Bearish on Stocks

Investment club moves to hedge funds, private equity instruments

(Newser) - Tiger 21—the elite investment club whose members have at least $10 million each — is moving away from stocks and into alternatives like hedge funds and private equity instruments. Michael Sonnenfeldt, Tiger 21 founder, reports that assets in stocks are down 10 percent from last year, based on members'...

Bernanke Buoys Dow

Mar 6, 2007 11:04 AM CST

Bernanke Buoys Dow

Global markets continue to fall

(Newser) - U.S. stock prices rebounded yesterday, buoyed by Fed Chairman Ben Bernanke's forecast of moderate growth. But averages from Singapore to London continued to slide and there was widespread debate over whether the plunge was the market correcting for inflated highs or if it was the first sign of a...