All Entries Tagged With: "friday"
Facebook stock ends up 0.6%; trading volume near 567 million shares
SAN FRANCISCO (MarketWatch) — Facebook Inc. saw its shares close with a fractional gain Friday on its first session of trading following its initial public offering.
Facebook gets early brokerage ‘sell’ rating
Like this story, share it with millions of investors on M3 Facebook gets early brokerage ‘sell’ rating Facebook Inc received what may be its first “sell” rating on Friday, from Pivotal Research Group, which also set a target price of $30 for the stock. Facebook Inc received what may be its first “sell” rating on Friday, from Pivotal Research Group, which also set a target price of USD 30 for the stock
Market Snapshot: Investors will watch Fed minutes, sales report
By Claudia Assis , MarketWatch SAN FRANCISCO (MarketWatch) — With first-quarter earnings season on its way out, macroeconomics will retake the front seat next week in U.S.
J.P. Morgan shares edge lower in late trading after Fitch downgrade
NEW YORK (MarketWatch) — Fitch Ratings said on Friday it downgraded J.P. Morgan Chase & Co.’s (US:jpm) long-term credit rating to A-plus from AA-minus, saying that while the $2 billion trading loss disclosed by the bank on Thursday is “manageable,” the potential reputational risk and risk-governance issues raised are no longer consistent with an AA-minus rating. “The magnitude of the loss and ongoing nature of these positions implies a lack of liquidity,” Fitch said in a statement after the stock market closed.
Dow closes lower, falling 1.7% for week; oil settles at lowest of the year
NEW YORK (MarketWatch) — U.S. stocks mostly slid Friday to a second weekly decline after a rise in consumer sentiment failed to outweigh J.P.
Gold ends week with 4% loss
May 11, 2012 | Myra P. Saefong and Barbara Kollmeyer, MarketWatch SAN FRANCISCO (MarketWatch) — Gold futures fell Friday, with recent strength in the U.S. dollar dragging prices for the dollar-denominated metal down by roughly 4% for the week.
U.S. stocks wave off opening-hour losses; Dow industrials up 25 points
By Kate Gibson , MarketWatch NEW YORK (MarketWatch) — U.S. stocks turned higher Friday as consumer confidence in May rose to a four-year high, dissipating damage to investor sentiment that came from J.P
LT, BHEL, Reliance Infra up 3-6% on short covering
Like this story, share it with millions of investors on M3 L&T, BHEL, Reliance Infra up 3-6% on short covering Shares of infrastructure companies bounced back sharply led by short covering in afternoon trade.
Latin American Markets: Brazilian stocks fall 2% after weak U.S. jobs data
By Carla Mozee , MarketWatch LOS ANGELES (MarketWatch) — Brazilian equities slumped Friday, with shares of oil producer Petroleo Brasileiro SA among hard-hit commodity stocks as prices for natural resources sold off after weaker-than-expected U.S. jobs data.
Chen can apply for study abroad visa: reports
HONG KONG (MarketWatch)– China’s Foreign Ministry said Friday Chinese activist Chen Guangcheng may apply to a study abroad in accordance with Chinese law, according to a report in the state run Xinhua news agency. Ministry spokeswoman Liu Weimin was cited as saying that Chen had the right to leave China under the study option in a response to a reporter’s question, according to Xinhua.