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Bernanke Confident In Long-Term Prospects Of U.S. Economy
Region: United States
As of 1:46 pm, all three indexes on Wall Street are in the green Thursday with the Dow Jones industrials average up about a third of a percent, while the broader indexes - NASDAQ and S and P 500 are up 0.13 percent and 0.3... more
Views: 979 Rating:
Equities To Close Quarter At A 4-Year Low As Wall St. Prepares For Paulson Plan
Region: New York
According to emerging reports, stocks are moderately higher on Wall Street despite a sell-off in Asian stock bourses. The mixed open in New York comes amid anticipation of Treasury Secretary Henry Paulson's plans to overh... more
Views: 1332 Rating:
Asian Stocks Slide On Lower U.S. Consumer Spending
Region: Japan
On the first day of the trading week in Asia, stocks are off to a bleak start. Much of the angst stems from worries that consumer spending in the world's largest economy will affect Asia's exports of clothing, autos, and e... more
Views: 1033 Rating:
Successful Long-Term Investing Requires "Intestinal Fortitude"
Region: United States
In an article on MSN Money, Guru investor, John Reese talks about some reasons why investors tend to fail in the current market scenario. Reese began his investment research firm based on the hyposthesis that investors co... more
Views: 1121 Rating:
Paulson Plan To Re-Regulate Wall Street Following Near Collapse Of Bear Stearns
Region: New York
After the near collapse of investment banks like Bear Stearns, Wall Street is awaiting an overhaul of its regulatory system. The re-regulation was announced by Treasury Secretary Henry Paulson last week, reports the Associ... more
Views: 772 Rating:
"Should I Move My 401K To A Money Market?"
Region: New York
With home values dropping, the contagion of the subprime debacle, and uncertainty in the financial markets, analysts are pointing to an economic downturn, better known as a recession. Only, recession can be a sc... more
Views: 2287 Rating:
Tata Acquires Jaguar/Land Rover For $2.3 Billion
Region: Illinois
Updating an earlier news article, Tata Motors of India has acquired the coveted Jaguar luxury brand and Land Rover segment from Ford for $2.3 billion. The sale comes amid stiff competition from Asian car-makers and declin... more
Views: 993 Rating:
Sony BMG Announces Unlimited Music Subscription Service For All Digital Music Players
Region: United States
Guetersloh, Germany (Groundreport.com) - Sony BMG Entertainment has announced a music subscription service for its users. The service is compatible with a variety of digital music players and - including Apple's iPod - off... more
Views: 998 Rating:
Microsoft Reportedly To Up Bid For Yahoo In Battle For Search Engine Market Share
Region: Washington
In an effort to rob Google of its leadership in the search engine business, Microsoft is expected to woo Yahoo with a higher bid than the $31-a-share on the table. Analysts say despite an initial r... more
Views: 933 Rating:
JP Morgan Sweetens Bailout-Bid For Bear Stearns
Region: United States
JP Morgan Chase has upped its bid for ailing financial firm Bear Stearns to $10 a share from a previous $2 per share bid. Emerging reports suggest that the sweetened bid is expected to convince shareholders at St... more
Views: 807 Rating:
