stocks and investing
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submitted by Robby for team staff news 2 days 39 minutes ago
The stock market resumed its free fall yesterday, with the Dow Jones industrial average closing below 8,000 for the first time in more than five years.
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submitted by Robby for team staff news 1 week 5 days 19 hours 39 minutes ago
If the job of a mutual fund manager is to deliver returns that beat a stock market benchmark or that put them near the top of their peer group, then there is little doubt that most fund managers haven't earned their keep this year. But that...(more)
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submitted by Robby for team staff news 1 week 6 days 39 minutes ago
Japan's individual investors, armed with $7 trillion in bank deposits, piled into shares trading at their cheapest valuations ever last month, even as the global credit crisis prompted overseas fund managers to sell out. Individuals bought a record net $10.2 billion of stock last month,...(more)
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submitted by Robby for team staff news 4 days 18 hours 39 minutes ago
Stocks fell in early trading today as Citigroup announced plans to eliminate more than 50,000 positions. The struggling New York bank said it would also cut expenses by 20 percent after posting four straight quarters of losses. The company's stock was down 3.5 percent in...(more)
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submitted by Robby for team staff news 2 weeks 18 hours 39 minutes ago
Stocks rebounded in early trading today despite a weaker-than-expected labor report. The Dow Jones industrial average was up 1.2 percent, or 102 points, while the Standard & Poor's 500-stock index was up 1 percent, or 9 points. If the S&P swings more than 1 percent...(more)
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submitted by Robby for team staff news 4 weeks 4 hours 39 minutes ago
Though investors have endured some pretty terrible Dow performances in recent weeks, including another 300-plus point drop yesterday, the downward spiral has not gone far enough to halt trading on Wall Street. New York Stock Exchange rules currently call for circuit breakers to interrupt trading...(more)
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submitted by Robby for team staff news 2 weeks 4 days 18 hours 39 minutes ago
World stock markets rose on Monday, after climbs in Asia as governments intervened to boost their economies.
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submitted by Robby for team staff news 4 weeks 1 day 19 hours 39 minutes ago
Stocks bounced between positive and negative this morning, as the markets absorbed an array of corporate news and a report that weekly jobless claims jumped more than expected. The Dow Jones industrial average was up less than one percent, or 79 points, while the Standard...(more)
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submitted by Robby for team staff news 1 week 1 day 17 hours 39 minutes ago
AP - European and U.S. stock markets were little changed Thursday as stocks struggled to find direction following hefty losses in the first part of the week. Asian shares closely sharply lower.
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submitted by Robby for team staff news 4 weeks 1 hour 39 minutes ago
Wall Street joined stock markets around the world in a huge sell-off Friday, sending major market indexes to their lowest levels in more than five years on the belief that a punishing recession is at hand. A grim outlook from electronics-maker Sony helped...
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submitted by Robby for team staff news 1 week 39 minutes ago
Wall Street ended a turbulent week with another astonishing show of volatility Friday, with stocks plunging, recovering and then plunging again as investors absorbed another wave of downbeat economic news. The Dow Jones industrials fell almost 340 points and...
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submitted by Robby for team staff news 3 weeks 5 days 21 hours 39 minutes ago
Back in July, before the credit meltdown hit in full force, I suggested that income-oriented investors consider preferred stocks as an alternative to money market accounts and bank CDs. Banks, insurance companies, real estate investment trusts, utilities and...
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