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US, Europe stocks slide on Greece default fears

Sat, 10/09/2011 - 13:02 by Jaspreet Virk

Stock markets took a beating worldwide Friday after disagreement over handling Europe's debt crisis scared investors into divesting risky assets.

VirnetX Shares Popped: What You Need to Know

Thu, 25/11/2010 - 12:32 by Brian D. Pacampara

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

Crude oil prices top $85 per barrel

Mon, 15/11/2010 - 22:41 by Prince damin

New York -- Crude oil prices rose in early trading Monday, climbing above $85 per barrel as stock markets showed gains in Asia and Europe.

The Nikkei 225 index added 1.06 percent while the Shanghai composite index in China gained 0.97 percent Monday. Markets also rose in Britain, France, Germany and Sweden.

On the New York Mercantile Exchange, December delivery crude oil added 27 cents to $85.15 per barrel. Heating oil prices gained 1.44 cents to $2.3782 per gallon. Reformulated gasoline blendstock prices rose 2.03 cents to $2.2302 per gallon.

Henry Hub natural gas lost 4.3 cents to $3.756 per million British thermal units.

Crude oil prices rise toward $88

Thu, 11/11/2010 - 08:12 by Prince damin

New York -- Crude oil prices headed toward $88 per barrel Wednesday as stock markets stayed flat but stopped short of that benchmark.

Crude oil peaked at $88.21 and hit a low for the session at $86.10 per barrel. By day's end, the settlement price was at $87.81 per barrel, up $1.09, on the New York Mercantile Exchange.

Heating oil prices were unchanged, matching the previous day's settlement of $2.4419 per gallon. Reformulated gasoline blendstock prices were down 0.62 cents to $2.23 per gallon.

Henry Hub natural gas prices gained 1.6 cents to $4.255 per million British thermal units.

At the pump, the national average price of unleaded gasoline reached $2.863 per gallon from Tuesday's $2.857, AAA said.

Crude oil prices ease Thursday

Fri, 08/10/2010 - 11:00 by Prince damin

New York -- Crude oil prices eased back Thursday on the New York Mercantile Exchange, sliding under $82 per barrel, as stock markets on Wall Street closed mixed.

The trading tone was set with the Bank of England and the European Central Bank keeping their lending rates intact at 0.5 percent and 1 percent, respectively. Currency rates, which shifted when the Bank of Japan lowered its overnight lending rate to zero to 0.1 percent this week, had triggered a run up in commodities most of the week. The correction in oil prices came Thursday.

The dollar index, at nearly 87 in June was flat in Thursday's trading, up 0.02 percent.

The index measures the dollar against six major currencies with a pro-rated formula.

Meet the Cash Kings of Drilling

Fri, 10/09/2010 - 03:22 by Jim Royal

As an investor, it pays to follow the cash. If you figure out how a company moves its money, you might eventually find some of that cash flowing into your pockets.

ADC Looks to Settle Suits Ahead of Tyco Sale

Tue, 07/09/2010 - 12:49 by Jesse Emspak

ADC Telecommunications (Nasdaq: ADCT), an Eden Prairie, Minn.-based provider of telecommunications gear, is looking to settle lawsuits brought by shareholders so it can complete a $1.25 billion deal to be bought by Tyco Electronics (NYSE: TEL).

U.S. markets up with slight gain in jobs

Thu, 05/08/2010 - 10:27 by Prince damin

New York -- U.S. stock markets headed higher Wednesday with a job report that said 42,000 private-sector jobs were added in the month of July.

The Automatic Data Processing Inc. report was slightly better than predicted with additional jobs higher than the 13,000 added in June and less than the 55,000 added in May.

Private sector jobs have made gains for six consecutive months.

By close, the Dow Jones industrial average added 44.05 points, 0.41 percent, to 10,680.43. The Standard & Poor's 500 index gained 0.61 percent, 6.78, to 1,127.24. The Nasdaq composite index rose 0.88 percent, 20.05 points, to 2,303.57.

On the New York Stock Exchange, 2,248 stocks advanced and 777 declined on a volume of 4.2 billion shares traded.

You'll Regret Missing This Stock

Fri, 30/07/2010 - 23:44 by Tim Beyers

There are times in an investor's life when you just know. For me, this is the moment I decided Time Warner (NYSE: TWX) was worth a closer look:

U.S. markets flat Tuesday

Wed, 28/07/2010 - 00:22 by Prince damin

New York -- Stock markets were flat on Wall Street Tuesday after a housing market report said home prices in 20 U.S. cities rose 4.6 percent in May compared to April.

The S&P/Case-Shiller housing index said the month showed signs of improvement, but that the market was still moving "sideways," as only 12 of the 20 cities reported price increases in the month.

In early afternoon trading, the Dow Jones industrial average slipped 3.14 points, 0.03 percent, to 10,522.29. The S&P 500 index lost 3.63, or 0.33 percent, to 1,111.38. The Nasdaq composite index shed 14.69, or 0.64 percent, to 2,281.69.

The benchmark 10-year U.S. Treasury note fell 13/32 to yield 3.043 percent.

F5 Networks: Warming Up or Cooling Off?

Thu, 22/07/2010 - 11:01 by Motley Fool

Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition.

Goldman strikes gold with $550mn SEC settlement

Sun, 18/07/2010 - 15:29 by Jaspreet Virk

Goldman Sachs does not seem to have lost anything after paying $550 million fine to the Securities and Exchange Commission (SEC) to settle the civil fraud case against it. In fact, the settlement with SEC has come as a big win for the New York based global investment banking and securities firm.