Friday, November 09, 2007
U.S. stocks plunge again; Nasdaq ends dismal week down 6.5%
DJIA
13,042
-223.55
S&P
1,453
-21.07
NASDAQ
2,627
-68.06
10Yr
4.23%
-0.048
U.S. stocks plunge again; Nasdaq ends dismal week down 6.5%
NEW YORK
U.S. stocks fell Friday for a fourth day out of five, ending a dismal
week that saw the Nasdaq Composite Index drop almost 7% and financial
stocks take a hammering as bigger subprime mortgage losses were revealed
almost every day.
Capitol Report: Could California be in recession?
WASHINGTON
California is on the edge of recession, economists say. Or perhaps the
nation's most populous state is already in one.
J.P. Morgan, B. of A. warn of more subprime-related hits
SAN FRANCISCO
Banking giants J.P. Morgan Chase & Co. and Bank of America Corp. said
Friday that turbulent credit markets will likely dent fourth-quarter
results.
Tech Stocks: Tech stocks take another beating; Nasdaq off 8% since
Halloween
SAN FRANCISCO
Technology stocks took another pounding on Friday, leading a sell-off in
the broader market amid continued worries about what an economic
slowdown could mean for consumer and business spending.
U.S. stocks fall for fourth day this week as tech shares slide
DJIA
13,108
-157.79
S&P
1,459
-15.37
NASDAQ
2,641
-54.01
10Yr
4.22%
-0.050
U.S. stocks fall for fourth day this week as tech shares slide
NEW YORK
U.S. stocks fell sharply Friday, declining for the fourth day this week
as Wachovia Corp. stirred more subprime concerns by hiking its loan loss
estimates and Qualcomm Inc. hit tech stocks with a disappointing
forecast.
Tech Stocks: Tech stocks see another sell-off
SAN FRANCISCO
It was another bad morning for technology stocks Friday as the Nasdaq
Composite Index dropped 2% in early trading.
Qualcomm shares slide after disappointing forecast
NEW YORK
Qualcomm Inc. saw earnings surge 84% for the September quarter thanks to
strong demand for the company's chipsets that power wireless phones, as
well as a one-time tax benefit.
Wachovia sees $1.1 billion drop in value of asset-backed debt
BOSTON
Wachovia Corp. on Friday became the latest banking giant to warn that it
sees bigger losses as a result of the continued deterioration in the
mortgage market.
Former Citigroup CEO Prince to get $29.5 million plus bonus
BOSTON
Former Citigroup chief executive Chuck Prince will receive stock
options, grants and other benefits worth an estimated $29.5 million when
he retires, according to a regulatory filing late Thursday.
Violence Erupts After Bhutto's Arrest
Breaking News
Violence Erupts After Bhutto's Arrest
Pakistani police have put political opposition leader Benazir Bhutto
under house arrest and clashed with her supporters outside and in other
cities across Pakistan. Also, a bomb blast has killed at least four
people at a government minister's house.
U.S. trade gap fell in September to lowest level in more than 2 years on falling dollar, AP reports.
U.S. trade gap fell in September to lowest level in more than 2 years on
falling dollar, AP reports.
Thursday, November 08, 2007
Wall Street ends lower after financials help trim losses
DJIA
13,266
-33.73
S&P
1,474
-0.85
NASDAQ
2,696
-52.76
10Yr
4.27%
-0.061
Wall Street ends lower after financials help trim losses
NEW YORK
U.S. stocks extended losses Thursday after Federal Reserve Chairman Ben
Bernanke painted a perilous economic outlook, and worries about Cisco
Systems Inc.'s quarter helped fuel a sell-off in the technology sector.
Will Cisco catch what's ailing U.S. markets?
SAN FRANCISCO
Despite the spate of bad news coming out of Wall Street, Cisco Systems
Inc. Chief Executive John Chambers sounded confident that, with its huge
presence overseas and a broad product portfolio, the tech giant is well
immunized against any bugs in the U.S market.
Capitol Report: Markets like half of Bernanke's message
WASHINGTON
A funny thing happened to Ben Bernanke on the way the Joint Economic
Committee of Congress on Thursday: He gave financial markets some good
news and some bad news.
First Solar rallies as analysts cheer earnings boost
SAN FRANCISCO
First Solar on Thursday rallied 34% to a new closing high Thursday,
after the thin-film solar module maker blasted past its earning
estimates and drew cheers from analysts.
Retailers post worst October sales in 12 years
NEW YORK
Portending a competitive holiday season to come, U.S. retailers reported
their worst October sales in 12 years, hurt by unseasonably warm
weather, record high oil prices, and consumer worries about the housing
and credit markets.
Markets November 8, 2007
DJIA
13,266
-33.73
S&P
1,474
-0.87
NASDAQ
2,696
-52.76
10Yr
4.27%
-0.061
Late-day rally sends Dow into the black. Nasdaq still in the red but well off its lows with 15 minutes left in the session.
Late-day rally sends Dow into the black. Nasdaq still in the red but
well off its lows with 15 minutes left in the session.
Late-day rally sends Dow into the black. Nasdaq still in the red but well off its lows with 15 minutes left in the session.
Late-day rally sends Dow into the black. Nasdaq still in the red but
well off its lows with 15 minutes left in the session.
U.S. stocks drop on bleak Bernanke testimony
DJIA
13,252
-47.88
S&P
1,474
-1.53
NASDAQ
2,717
-31.17
10Yr
4.30%
-0.039
U.S. stocks drop on bleak Bernanke testimony
NEW YORK
U.S. stocks were mostly lower Thursday as Federal Reserve Chairman Ben
Bernanke painted a picture of an economy in a perilous position, fueling
more credit concerns as retailers, including blue chip Wal-Mart Inc.,
reported disappointing sales.
The Fed: Economy faces dual risks of downturn and inflation: Bernanke
WASHINGTON
The U.S. economy not only faces the risk of a sharp slowdown from the
housing market's contraction but also of an inflationary surge from
sharply higher crude-oil prices and the weaker dollar, Federal Reserve
Chairman Ben Bernanke said Thursday.
Retailers post disappointing October sales
NEW YORK
U.S. retailers reported disappointing sales for a second straight month
in October, hurt by unseasonably warm weather, record high oil prices,
and consumer worries about the housing and credit markets.
Rio Tinto rebuffs $110 bln approach from top miner BHP
LONDON
Rio Tinto rebuffed a $110 billion approach on Thursday from top global
miner BHP Billiton, spurning the initial overtures on a deal that would
be the second-largest takeover of a listed company in history.
Wal-Mart's October sales miss Street view
NEW YORK
Wal-Mart Stores Inc., the world's largest retailer, on Thursday posted a
slight increase in October sales at stores open at least a year, missing
Wall Street estimates, but said its inventory position was healthy going
into the holiday season.
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記者──新聞民工？社會良心？
11月8日是中國記者節。政府說這是記者們光榮的節日，是社會關注記者的日子。光榮啥？關注啥？
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Bernanke tells Congress that Fed remains concerned about mortgages, oil prices.
Bernanke tells Congress that Fed remains concerned about mortgages, oil
prices.
Wednesday, November 07, 2007
General Motors loses $39 billion in quarter after tax-related charge; operating results well below forecast.
General Motors loses $39 billion in quarter after tax-related charge;
operating results well below forecast.
Wall Street ends sharply lower on financial woes, weak dollar
DJIA
13,300
-360.92
S&P
1,475
-44.65
NASDAQ
2,748
-76.42
10Yr
4.33%
-0.023
Wall Street ends sharply lower on financial woes, weak dollar
NEW YORK
Wall Street shares thudded lower Wednesday, with Dow suffering its
fifth-largest decline yet this year, amid persistent financial woes, a
drooping dollar, surging oil and General Motors Corp.'s largest-ever
quarterly loss.
Fannie, Freddie caught up in N.Y. mortgage probe
WASHINGTON
New York's attorney general is asking mortgage buyers Fannie Mae and
Freddie Mac for information about their loans purchased from banks
including Washington Mutual as part of a probe into the mortgage
industry.
Currencies: Dollar off lows, but still under pressure ahead of ECB, BOE
SAN FRANCISCO
The dollar was off new lows hit Wednesday after a Chinese official
called for his country to shift more of its foreign-exchange reserves
out of the greenback, but remained sharply down, under pressure from
pricey oil, slumping stocks and expectations that U.S. interest rates
are headed lower than those in Europe.
Troubled financials sector shaves 6 percentage points off S&P 500
BOSTON
The sell-off in financials stocks triggered by the subprime fallout and
credit turmoil has shaved about 6 percentage points of return off the
S&P 500 Index so far this year, said Banc of America Securities' chief
U.S. investment strategist.
Samsung of two minds on so-called white spaces
SAN FRANCISCO
When a unit of Samsung Electronics Co. appeared arm in arm earlier this
year with companies pushing the government to open unused airwaves for
inexpensive wireless Internet service, other parts of the South Korean
conglomerate were less than pleased.
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新聞評論：雅虎向師濤母親道歉
跨國公司因何為在海外的"守法行為"道歉？雅虎向師濤母親道歉說明瞭什麼？ More...go to
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Wall Street falls sharply on dollar's drop
DJIA
13,518
-142.90
S&P
1,502
-18.20
NASDAQ
2,792
-32.32
10Yr
4.36%
+0.004
Wall Street falls sharply on dollar's drop
NEW YORK
Wall Street on Wednesday fell sharply, its path greased by the dollar's
fall to record lows, surging oil prices and General Motors Corp.'s
largest quarterly loss ever.
Metals Stocks: Gold surges 2% to new 28-year high on dollar fall
NEW YORK
Gold futures surged to their highest level since 1980 on Wednesday, as a
broad-based sell-off in the U.S. dollar boosted the metal's appeal as an
inflation hedge and a safe haven.
General Motors records $39 billion loss on tax charge
SAN FRANCISCO
General Motors Corp. on Wednesday said its third-quarter loss ballooned
to $39 billion on a massive accounting charge, with the news rattling
investors as an unwelcome stall along the automaker's road to recovery.
Currencies: Dollar at new lows with China official talking currency
shift
SAN FRANCISCO
The already stumbling U.S. dollar fell to new lows on Wednesday, after a
top Chinese official called for the country to shift more of its huge
foreign-exchange stockpiles out of the beleaguered greenback.
Economic Report: Productivity rises 4.9%, fastest pace in 4 years
WASHINGTON
The productivity of the U.S. nonfarm workplace jumped at an annual rate
of 4.9% in the third quarter, the fastest growth in four years, the
Labor Department reported Wednesday.
Oil Prices Near $100
November 7, 2007
Oil Prices Near $100
Oil prices jumped above $98 a barrel today, a new record, amid
expectations of declining U.S. supplies. The falling dollar and OPEC's
apparent reluctance to pump more crude into the market also boosted
prices.
Tuesday, November 06, 2007
MarketsTuesday, 11/6/2007
| Dow : 13660.94 up 117.54
| S & P : 1520.27 up 18.10
| NASDAQ: 2825.18 up 30.00
| Bond (10Y): 4.37%, 102.94
MARKETS:
Market bulls pull off a winner
Stocks surge in final hour of trading helped by energy sector strength,
as credit market fears subside.
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評論：對香港前途與一國兩制的信心
香港大學最新民調發現，超過八成市民對香港前途有信心，達到1997年9月以來的新高。說說您的看法。
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Crude oil rallies to new record high of $97 a barrel
DJIA
13,531
-11.54
S&P
1,502
+0.05
NASDAQ
2,785
-10.10
10Yr
4.32%
+0.006
Crude oil rallies to new record high of $97 a barrel
NEW YORK
Crude-oil futures joined a broad commodities rally and jumped nearly 3%
to a new all-time high Tuesday, boosted by expectations for a drop in
crude inventories and dollar weakness.
Market Snapshot: U.S. stocks shed gains; Nasdaq falters into negative
territory
NEW YORK
Wall Street on Tuesday failed to maintain an early bounce as investors
struggled to move their focus beyond the credit-related troubles that
have been dogging financial stocks.
Google's mobile-phone strategy keys on open standards
WASHINGTON
With its bid to bring open technology standards to the mobile phone
market, Google Inc. is leading a strategy that could make devices
cheaper and give consumers more control over their phones'
capabilities.
Alibaba.com shares nearly triple in Hong Kong debut
HONG KONG
Shares of Alibaba.com almost tripled in their Hong Kong debut on
Tuesday, marking a successful start for the world's largest initial
public offering by an e-commerce company since Google Inc.
Beazer suspends dividend, cuts jobs; no relief for Hovnanian
BOSTON
Beazer Homes USA Inc., the home builder that has been rocked an
investigation into its mortgage-origination business in addition to the
housing pullback, has suspended its quarterly dividend in an effort to
firm up its capital position.
Oil prices hit record high at $96.44 a barrel in electronic trading.
Oil prices hit record high at $96.44 a barrel in electronic trading.
Monday, November 05, 2007
Wall Street ends off lows in attempt to move past Citigroup
DJIA
13,543
-51.70
S&P
1,502
-7.48
NASDAQ
2,795
-15.20
10Yr
4.32%
+0.027
Wall Street ends off lows in attempt to move past Citigroup
NEW YORK
Wall Street scaled back its losses Monday as investors looked beyond
Citigroup Inc.'s likely write off of $11 billion more in credit-related
losses to focus on stocks outside the embattled financial sector.
Sun Microsystems swings to profit as gross margins rise
SAN FRANCISCO
Sun Microsystems Inc. on Monday said it swung to a fiscal first-quarter
profit from a loss a year ago as sales showed a slight increase and
gross margins at the computer server and software maker continued to
rise.
Citigroup restates quarterly earnings down by 3 cents a share
NEW YORK
Shares of Citigroup Inc. fell again Monday, shedding nearly 5% after the
company ousted chairman and CEO Chuck Prince over the weekend, warned it
would take more than $8 billion in new mortgage debt-related write-downs
and said its third-quarter profit would be 3 cents lower than previously
stated.
Banks made it tougher for everyone to get loans, Fed says
WASHINGTON
Major banks made it much tougher for all types of customers to get loans
over the past three months, according to the Federal Reserve's quarterly
survey of bank lending officers.
Capitol Report: Adult use of children's health plan originally passed
Bush muster
WASHINGTON
In vetoing one children's health bill and threatening to veto a second,
President Bush has complained about adults receiving benefits under the
program for which Congress wants to more than double funding.
U.S. stocks slide as Citi-inspired credit jitters surface
DJIA
13,560
-34.87
S&P
1,505
-3.67
NASDAQ
2,801
-8.99
10Yr
4.32%
+0.031
U.S. stocks slide as Citi-inspired credit jitters surface
NEW YORK
Wall Street stocks lost ground Monday after Citigroup Inc. amplified
worries about the extent of the credit crisis by saying it might have to
write off $11 billion more in losses.
The Fed: FOMC not bailing out Wall Street, Mishkin says
WASHINGTON
The Federal Reserve's two interest-rate cuts were designed to reduce
economic risk and not to lessen the risk that investors will lose money
from bad decisions they've made, Fed Gov. Frederic Mishkin said Monday.
Citi puts Rubin, Europe chief at the helm after CEO ousted
WASHINGTON
Citigroup Inc. said Sunday that Charles Prince had "elected to retire"
as chairman and chief executive, marking the second Wall Street
chieftain in less than week to surrender to the fallout from the
subprime-mortgage disaster.
BEA gives Icahn data in Oracle rebuff
WASHINGTON
BEA Systems Inc. said Monday it gave activist shareholder Carl Icahn
confidential information to show that Oracle Corp.'s now-expired buyout
offer of $17 a share "significantly undervalues the company."
PetroChina soars to $1 trillion market cap in debut
HONG KONG
PetroChina Co. shares more than doubled in their Shanghai debut Monday,
giving the oil giant a $1 trillion market capitalization and easily
surpassing Exxon Mobil as the world's largest company.
Sunday, November 04, 2007
CEO Prince reportedly resigns from Citigroup. Robert Rubin named chairman; Sir Win Bischoff named interim CEO, the WSJ reports.
CEO Prince reportedly resigns from Citigroup. Robert Rubin named
chairman; Sir Win Bischoff named interim CEO, the WSJ reports.
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你如何看穆沙拉夫宣布緊急法令？
巴基斯坦總統穆沙拉夫周六(11月3日)宣布國家進入緊急狀態，他為何要采取這種極端措施？對巴基斯坦有何影響？
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