The top after-market NASDAQ stock market losers are: Zhongpin, Banner, ChinaEdu, Qiao Xing Universal Resources, LodgeNet Interactive, Golub Capital BDC, United Community Banks, Drugstore.com, Volterra Semiconductor, and Northwest Pipe.
It's going to be tougher to make money 2011. I expect the government to strike back. I don't think they're going to let commodity prices continue to soar. I'm very concerned about the repercussions of that on investors.
The Treasury Department converted $5.5 billion of its preferred shares in Ally Financial, the lender once known as GMAC, into common stock, laying the groundwork for exiting the investment.
Corrects date of filings to September 30 in 7th paragraph and name of fund in last paragraph to New Horizons)
Studying the structure of open interest in US Comex Gold Futures and options, it points to more volatility and the risk...is very much to the upside, says O'Connell, concluding that professional traders are looking for a Gold Price of $1500 or even $1600 by the start of April.
Groupon, the social buying website which recently rejected a $6- billion takeover offer from Google (Nasdaq: GOOG) has attracted the interest of some large institutional investors and is seeking to go public by the end of next year, according to a report in the New York Times.
The top after-market NASDAQ stock market losers are: Array BioPharma, Hauppauge Digital, China Wind Systems, Broadwind Energy, Popular, Maxygen, Santarus, BSD Medical, Flamel Technologies, and Banner.
German luxury car maker Audi is investing €11.6 billion ($15.3 billion U.S. at the current exchange rate) between 2011 and 2015 to focus on future technologies.
Deutsche Bank has entered into a non-prosecution agreement to pay $553.6 million penalty for participating in fraudulent tax shelters that let clients hide billions of dollars from the Internal Revenue Service (IRS) and dodge taxes, U.S. prosecutors said.
South Korea, among other countries, would be a better candidate than South Africa to join the BRIC group of prominent emerging market nations, said Jim O’Neill, chairman of Goldman Sachs Asset Management, and the man who first coined the “BRIC” term.
The news about jobs, deficits, and poverty seem to get worse in the western nations and Japan day by day, while the economic and financial developments in the emerging markets appear to get rosier.
A California woman has been arrested on charges of leaking secrets about technology companies to hedge funds, as federal prosecutors expand their probe into insider trading.
US stocks advanced in early trade on Wednesday with S&P 500 Index advanced 1.63 points, or 0.13 percent, to trade at 1,260.14 at 10:00 a.m. EDT. The Dow Jones Industrial Average gained 24.86 points, or 0.21 percent, to trade at 11,600. The Nasdaq Composite Index gained 0.10 percent.
The Gold Price in Euros broke fresh all-time highs overnight in Asian trade, hitting more than €34,500 per kilo - some 38% higher in 2010.
U.S. stocks advanced on Wednesday as investors remained bullish about the prospects for equities in 2011, keeping a December rally intact.
The top after-market NASDAQ stock market losers are: Bottomline Technologies, Whitney Holding, Broadwind Energy, First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, Hancock Holding, FuelCell Energy, AXT, RealNetworks, Zions Bancorp, and Power-One.
Bruce Berkowit, president of Fairholme Capital Management has a huge stake in bailed-out insurance company American International Group (NYSE: AIG) which has just about doubled in price year-to-date (from just under $30 per share to just under $60).
Confidence among global institutional investors rose in December, as improved sentiment toward the United States outweighed continued concerns about Europe, State Street Corp said on Tuesday.
Energy and material stocks led gainers on the S&P 500 on Tuesday in a thinly traded session in which major indexes barely budged.
The top after-market NASDAQ stock market losers are: Alterra Capital Holdings, Celera, Infinera, Aruba Networks, Alnylam Pharmaceuticals, Alphatec Holdings, optionsXpress Holdings, A123 Systems, Informatica, and Applied Micro Circuits.
Shares of H&R Block Inc. (NYSE: HRB) are dropping after the tax preparation company said that HSBC Holdings Plc (NYSE: HBC) has ended funding its refund-anticipation loans (RALs).
India’s Bombay Stock Exchange (BSE) has introduced a new stock index which comprises companies that satisfy the legal codes of Islam.
