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Saturday May 17
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Business
How to Prevent a 25% Drop
The Next Black Monday
by Tim Hanson - May 17, 2008 - 0 comments
Ever since we were introduced to Rex Moore's friend Charlie, I've been thinking about ways Charlie could have held on to the multibagger he lost when he sold Microsoft too soon. See, Charlie couldn't stand the stock market's short-term volatility, and after he saw a paper loss of nearly 25% in his Microsoft shares after only a few weeks, he bailed. Of course, he now sorely regrets that decision. by Tim Hanson - May 17, 2008 - 0 comments
Three of the five best days the Dow Jones Industrial Average has ever experienced occurred in one 10-day stretch in 1987: Oct. 20 (up 5.88%), Oct. 21 (up 10.15%), and Oct. 29 (up 4.96%).
by Rick Aristotle Munarriz - May 17, 2008 - 0 comments
Monday
Campbell Soup (NYSE: CPB) kicks off the new trading week. The soup specialist has been colder than gazpacho over the past three quarters, when it slightly missed Wall Street's estimates. Analysts are looking for a profit of $0.44 a share, in line with the $0.45 it earned a year ago. by Rick Aristotle Munarriz - May 17, 2008 - 0 comments
Up with Downey
The wonderful thing about exit strategies is that you don't always see them coming. by Chuck Saletta - May 17, 2008 - 0 comments
So far this year, the S&P 500 has fallen 1% or more on 20 different trading days. On three of those days, it dropped at least 2.5%. That's an index of 500 very large and well-known companies -- not some unknown individual micro-cap stock -- flopping around like a landed fish.
by MT Bureau - May 17, 2008 - 0 comments
Fort Worth, Texas -- American Airlines is considering an 18-month contract for its mechanical staff, sources close to the Fort Worth, Texas, air carrier said. by MT Bureau - May 17, 2008 - 0 comments
Chicago -- Some Chicago vendors said they are selling controversial "Horry Kow" T-shirts, despite efforts by the Chicago Cubs to ban the offensive merchandise. by MT Bureau - May 17, 2008 - 0 comments
Washington -- U.S. Treasury Secretary Henry Paulson said Friday he believes the nation's financial crisis may be coming to an end, but warned a recovery may take time. by MT Bureau - May 17, 2008 - 0 comments
Chicago -- The Chicago Mercantile Exchange closed its doors at the close of the day Friday and traders move on to new digs Monday with many memories, traders said. by MT Bureau - May 17, 2008 - 0 comments
Detroit -- General Motors Corp. has reached a tentative agreement with a United Auto Workers local that has been on strike for more than a month, the U.S. automaker said. by MT Bureau - May 17, 2008 - 0 comments
Detroit -- New contracts between the Canadian Auto Workers and U.S. automakers might threaten the future of Canada's auto industry, analysts say. by MT Bureau - May 17, 2008 - 0 comments
New York -- U.S. market indexes closed mixed Friday as a wavering afternoon rally could not bring the Dow Jones index out of the doldrums. by MT Bureau - May 16, 2008 - 0 comments
Doha, Qatar -- The U.S. dollar's decline against foreign currencies is causing some Arab countries to consider switching to another currency exchange peg, economists said. by MT Bureau - May 16, 2008 - 0 comments
New York -- An 8.2 percent jump in U.S. housing starts in April couldn't stop a slide in U.S. markets Friday, as oil prices climbed sharply by midday. by Samia Sehgal - May 16, 2008 - 0 comments
British Airways Plc, Europe's fourth-largest airline by market capitalization reported on Wednesday that its annual profit increased to more than double, owing to strong demand for transatlantic business travel. The company said it is expecting the fiscal year to be money-spinning and announced a 45 percent increase in annual profit, saying it would pay its first dividend since 2001. |
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