U.S. stocks dropped sharply (wiping out this week’s advances) in tandem with plunging commodity prices
Palash Ghosh
May 11, 2011
The companies whose shares are moving in aftermarket trade on Thursday are: CF Industries Holdings, Fluor Corp, CIGNA Corp, Priceline.com, Eog Resources, Carefusion, Sunoco, Metropcs Communications, Visa and American Internation Group.
Satya Nagendra Padala
May 05, 2011
The companies whose shares are moving in pre-market trade on Tuesday are: First Solar, Netflix, MEMC Electronic Materials, U.S. Bancorp, American International Group, Capital One Financial, Motorola Mobility Holdings, Advanced Micro Devices and Jds Uniphase.
Satya Nagendra Padala
Mar 15, 2011
The companies whose shares are moving in pre-market trade on Monday are: Cintas, MEMC Electronic Materials, First Solar, Micron Technology, Xilinx, Southwest Airlines, Exelon, NRG Energy, American International Group and Aflac.
Satya Nagendra Padala
Mar 14, 2011
Shareholders of two of the firms in a consortium buying U.S. insurer AIG's Taiwan unit approved the $2.16 billion bid on Wednesday, setting the scene for what is expected to be a tough battle with regulators.
Wenwen Meng
Mar 02, 2011
The companies whose shares are moving in pre-market trade on Friday are: Consolidated Edison, Molex, AK Steel Holding, Allergan, Jds Uniphase, Campbell Soup, PepsiCo and American International Group.
Satya Nagendra Padala
Feb 18, 2011
The debts assumed by the Western democracies will overwhelm their economies and lead to the end of our current Dollar-denominated, global currency regime. This has profound implications for Americans' standard of living and our empire's role in the world.
IBT Staff Reporter
Feb 14, 2011
A recession is the decline of a nation's gross domestic product (GDP) over two or more consecutive quarters. It is also referred to as a period of economic decline and reduced economic activity. During recessions, many macroeconomic indicators vary in a similar way. GDP, employment, investment spending, capacity utilization, household incomes; business profits and inflation all fall, while bankruptcies and the unemployment rate rise. Here is a list of recessions that occurred since the Great ...
Satya Nagendra Padala
Feb 11, 2011
U.S. stocks finished narrowly mixed after Federal Reserve chief Ben Bernanke warned that unemployment may remain at elevated level for several years, although he downplayed inflation risks.
Palash Ghosh
Feb 09, 2011
American International Group, Inc. said it expects to record a $4.1 billion charge in the fourth quarter to boost the loss reserves in its Chartis property and casualty insurance subsidiaries.
Manikandan Raman
Feb 09, 2011
Hedge fund manager Bruce Berkowitz, the second largest stakeholder in American International Group, is bullish on both AIG and its spinoff AIA.
Hao Li
Jan 31, 2011
Both Bush and Clinton Adminstrations were at fault, as well as former Fed Chairman Alan Greenspan and current Treasury Secretary Timothy Geithner, as well as former Treasury chief Henry Paulson, says inquiry
IBT Staff Reporter
Jan 26, 2011
Investor interest in derivatives-based strategies remains cold, as the financial bailout in 2008 and the Dodd-Graham Financial Overhaul Act has kept investors scared.
IBT Staff Reporter
Jan 25, 2011
The companies whose shares are moving in pre-market trade on Friday are: General Electric, Google, Micron Technology, Sara Lee, American International Group, Schlumberger and Biogen Idec.
Satya Nagendra Padala
Jan 21, 2011
Extensive reconstruction after Australia's floods risks fuelling a wages blow-out, as flooded states and the booming resource sector bid for scarce workers, which will in turn push up inflation and add pressure for a tightening of interest rates.
Samantha Nolan
Jan 18, 2011
The market is often an anonymous place where you don't really know who is on the other side of your trade. Sometimes, however, it gets personal.
Hao Li
Jan 12, 2011
The S&P 500 Index gained 3.69 points, or 0.29 percent, to trade at 1,278.17 at 9.30 a.m. EDT. The Dow Jones Industrial Average rose 32.93 points, or 0.28 percent, to trade at 11,704.81. The Nasdaq Composite Index advanced 11.50 points, or 0.42 percent, to 2,728.49.
Manikandan Raman
Jan 12, 2011
Here are the ten best-performing stocks of the S&P 500 for 2010.
Palash Ghosh
Dec 31, 2010
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).
Palash Ghosh
Dec 28, 2010
Stocks finished narrowly mixed in very light trading as a monstrous snow storm on the East Coast likely kept many traders home and a rate hike over the weekend by China dampened some investor sentiment.
Palash Ghosh
Dec 27, 2010
Shares of American International Group Inc. (NYSE: AIG) are soundly higher this morning after the company said it entered bank credit facilities totaling $3-billion.
Palash Ghosh
Dec 27, 2010
The stock market rallied modestly on U.S. mergers and acquisitions (M&A) activities and China’s continued support for European Union’s (EU) sovereign debt market.
Hao Li
Dec 21, 2010