All Entries Tagged With: "street"
Wall Street ends lower; Facebook closes 0.6% up on Day 1
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall Street ends lower; Facebook closes 0.6% up on Day 1 US stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets. US stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets. Shares of Facebook, the social networking giant, were volatile in the busiest day ever for a trading debut
Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’
Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’ Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions.
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.
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.
After Hours: Limited Brands falls after hours on soft outlook
By Carla Mozee , MarketWatch LOS ANGELES (MarketWatch) — Shares of Limited Brands Inc. fell Wednesday evening, pulling back after the apparel and accessories retailer’s quarterly forecast came in lower than Wall Street’s current estimate
Greece president proposes technocrat govt: reports
SYDNEY (MarketWatch) — Greece’s president Karolos Papoulias late Monday proposed a technocrat government for the country, according to reports. Elections just over a week ago left the country without a government, placing the aid arrangements it has made with international creditors in doubt and once again bringing into focus the possibility of a Greek exit from the currency bloc. Still, The Wall Street Journal reported that the proposal drew weak support from Greece’s fragmented and squabbling political parties
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.
Peter Brimelow: Another summer sag for stocks?
By Peter Brimelow , MarketWatch NEW YORK (MarketWatch) — Two down weeks — are stocks starting another summer sag?
Yahoo CEO to step down; board reshuffled
By William Spain , MarketWatch CHICAGO (MarketWatch) — Yahoo Inc.