All Entries Tagged With: "san"
Facebook drives up market volume to 2012 high
SAN FRANCISCO (MarketWatch) — A huge amount of shares traded in Facebook Inc.’s (US:fb) market debut Friday helped drive up U.S. stocks volume to the highest level of the year, according to the Wall Street Journal’s data group. Total market volume was 8.79 billion shares, the largest daily volume since Nov.
Bets oil will go higher lowest since Sept. 2010
SAN FRANCISCO (MarketWatch) — Money managers trimmed more of their bets oil prices will go higher, data from the Commodity Futures Trading Commission showed Friday. The data, pertaining to the week up to Tuesday, showed the category emcompassing fund managers and speculative money trimming “long” bets by nearly 10,500 contracts for a net long position close to 140,000 contracts.
IPO Report: Facebook insiders add shares to boost IPO
By Dan Gallagher , MarketWatch SAN FRANCISCO (MarketWatch) — Strong demand has allowed several early investors in Facebook to add more shares to the company’s pending initial public offering, bringing the total value of the IPO to about $16 billion.
Canadian Markets: Utilities, energy drag on Canadian stocks
By Wallace Witkowski , MarketWatch SAN FRANCISCO (MarketWatch) — Canadian stocks traded lower for the fourth session in a row Wednesday, as strength in the mining sector gave way to losses in the utilities and energy sector. Shares of Atco Ltd. /quotes/zigman/16623 CA:ACO.X -2.50% , Canadian Utilities Ltd
Groupon jumps as results beat estimates
By Dan Gallagher , MarketWatch SAN FRANCISCO (MarketWatch) — Groupon Inc. reported better-than-expected revenue for its first quarter on Monday, along with a strong forecast that juiced the company’s shares in after-hours trading.
MarketWatch First Take: Groupon results buoy investors’ spirits
By MarketWatch SAN FRANCISCO (MarketWatch) — After being the scourge of Wall Street at the end of March with yet another accounting issue, Internet daily deal pioneer Groupon Inc. has redeemed itself, at least for a day. On Monday, Groupon’s /quotes/zigman/7212269 /quotes/nls/grpn GRPN +18.54% first-quarter results were better-than-expected and the company’s outlook for the second quarter was also strong.
Canadian Markets: Mining, materials trash Canadian stocks
By Wallace Witkowski , MarketWatch SAN FRANCISCO (MarketWatch) — Canadian stocks dropped Monday, led by big losses in the mining, materials and energy sectors.
Groupon shares rise 15% in evening trades after results beat estimates
SAN FRANCISCO (MarketWatch) – Groupon Inc. said Monday afternoon that it cut its net loss with better-than-expected sales for the first quarter.
Dow ends down 125 points, its eighth loss in past nine sessions
SAN FRANCISCO (MarketWatch) — U.S. stocks dropped sharply Monday, ending at their lowest levels in over three months, as investors dumped stocks on the prospects of a euro-zone break-up and a drop in financials after J.P
Facebook and Microsoft: Friends against Google
By Benjamin Pimentel , MarketWatch SAN FRANCISCO (MarketWatch) — Microsoft Corp. friended Facebook Inc. long before the social network set in motion what’s expected to be a blockbuster initial public offering next week