With Employee Shares for Sale, Facebook Stock Falls
Peter Foley/Bloomberg via Getty Images(NEW YORK) — Shares of Facebook dropped Wednesday upon news that employees can start selling restricted stock in the company. In all, 234 million more shares and stock options held by employees and executives at F…
With Employee Shares for Sale, Facebook Stock Falls
Peter Foley/Bloomberg via Getty Images(NEW YORK) — Shares of Facebook dropped Wednesday upon news that employees can start selling restricted stock in the company. In all, 234 million more shares and stock options held by employees and executives at F…
Stocks Mixed on First Trading Day After Sandy
Hemera/Thinkstock(NEW YORK) — It was back to work for the U.S. markets Wednesday after an unplanned two-day break, thanks to Superstorm Sandy. The Dow lost 11 points to close at 13,096, down 0.08 percent from Friday. The Nasdaq also gave up 11, …
Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE
Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday. This was the first time since 1888 that weather shut down stock tr…
Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE
Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday. This was the first time since 1888 that weather shut down stock tr…
Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE
Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday. This was the first time since 1888 that weather shut down stock tr…
Stock Markets to Reopen After Hurricane Sandy Shut Down NYSE
Hemera/Thinkstock(NEW YORK) — Hurricane Sandy‘s winds and rains subsided Tuesday, and the New York Stock Exchange announced it will open for normal operations on Wednesday. This was the first time since 1888 that weather shut down stock tr…
Apple Sold 27 Million iPhones in 4th Quarter; Earnings Lower Than Expected
Feng Li/Getty Images(NEW YORK) — Apple Inc. (NASDAQ: AAPL), the world’s most valuable company, reported lower-than-expected fourth-quarter earnings Thursday because it’s having trouble keeping up with demand for its market-leading products.Inventory i…
Apple Sold 27 Million iPhones in 4th Quarter; Earnings Lower Than Expected
Feng Li/Getty Images(NEW YORK) — Apple Inc. (NASDAQ: AAPL), the world’s most valuable company, reported lower-than-expected fourth-quarter earnings Thursday because it’s having trouble keeping up with demand for its market-leading products.Inventory i…
US Markets End the Day Lower, Dow Down 243 Points
Hemera/Thinkstock(NEW YORK) — The Dow had its lowest close since June and its third-biggest point drop for the year, though it’s still up seven percent for the year.The Dow ended Tuesday’s session down 243 points, at 13,103. The S&P and…
US Markets End the Day Lower, Dow Down 243 Points
Hemera/Thinkstock(NEW YORK) — The Dow had its lowest close since June and its third-biggest point drop for the year, though it’s still up seven percent for the year.The Dow ended Tuesday’s session down 243 points, at 13,103. The S&P and…
Corporate Earnings Reports Still a Pull on Stocks
Hemera/Thinkstock(NEW YORK) – It seems corporate earnings reports are still impacting the major stock averages. A weak forecast from heavy equipment maker Caterpillar weighed on the market Monday for most of the session before the averages clawe…
Corporate Earnings Reports Still a Pull on Stocks
Hemera/Thinkstock(NEW YORK) – It seems corporate earnings reports are still impacting the major stock averages. A weak forecast from heavy equipment maker Caterpillar weighed on the market Monday for most of the session before the averages clawe…
Monster Energy Drink Stock Drops After Death Reports
David Paul Morris/Bloomberg via Getty Images(NEW YORK) — Shares of Monster Beverage Corp. (NASDAQ: MNST) fell over 14 percent after the Food and Drug Administration revealed it received reports that five people consumed the energy drink before their d…
Monster Energy Drink Stock Drops After Death Reports
David Paul Morris/Bloomberg via Getty Images(NEW YORK) — Shares of Monster Beverage Corp. (NASDAQ: MNST) fell over 14 percent after the Food and Drug Administration revealed it received reports that five people consumed the energy drink before their d…
Stocks Lose Big on Historic Wall Street Anniversary
Hemera/Thinkstock(NEW YORK) — On Friday, the 25th anniversary of the Black Monday crash of 1987, markets tanked. Poor earnings reports from three companies in the Dow Jones industrial average — Microsoft, General Electric and McDonalds — sent indexe…
Google’s Early Earnings Report Sends Nasdaq Tumbling
Hemera/Thinkstock(NEW YORK) — U.S. stocks fell for the first day this week as jobless claims soared and shares of Google were halted Thursday. The Dow lost eight points to end the session at 13,549. The S&P dropped four points to 1,457. The N…
Stocks Close Up on Positive Housing Report
Hemera/Thinkstock(NEW YORK) — A report on home construction Wednesday beat expectations and helped to move stocks up off the session’s lows. The Dow closed up five points Wedensday, while the Nasdaq and S&P added just three points and six poi…
Stocks Rally for Second Day of Gains
Hemera/Thinkstock(NEW YORK) — Stocks on Tuesday rallied for a second day on more earnings reports that exceeded expectations, as well as new confidence in home construction. The Dow closed up 1 percent — a 128-point jump — to 13,551.78. The Nas…
Retail and Earnings Reports Give Stocks a Boost
Hemera/Thinkstock(NEW YORK) — After what was the worst week in more than four months, the market rebounded with a push from increased retail sales and earnings from Citigroup that surpassed expectations.On Monday, the Dow rose 95 points to close at 13…