2.40%C 7.82 8.31%UYG 5.47 10.28%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
CHICAGO - Shares of office suppliers sank amid broader market declines Thursday during a roller coaster trading week as investors worried about a possible recession.
Office Depot Inc., based in Delray Beach, Fla., dipped 53 cents or 9 percent, to $5.37 while shares of Itasca-based OfficeMax Inc. fell 71 cents or 7.9 percent, to $8.28 in trading Thursday.
Meanwhile, Framingham, Mass.-based Staples Inc. sank $1.30, or 5.9 percent, to $20.84.
On Thursday, broader markets tumble as the government said the number of people seeking unemployment benefits climbed last week. Meanwhile, the Commerce Department said demand at the nation's factories fell by the largest amount in nearly two years.
Investors saw that data as signs that tight credit conditions were hitting manufacturers.
U.S. stocks fell on Wednesday after signs of weakening employment and a contraction in service industries overcame earlier gains in the trading s...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
Building your business and corporate credit for your small business.
Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish
Get your next web design project done with our los angeles web design team - Best web design with great price.
Partners   
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
0.01
