Category Archives: Stocks

Dow at 4-year high, Nasdaq hits 11-year high

By doris | Published: February 5, 2012

Full Story at money.CNN.com NEW YORK (CNNMoney) — U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report. The Dow Jones industrial average (INDU) gained 157 points, or 1.2%, the S&P 500 (SPX) added 19 points, or 1.5%, and the Nasdaq composite (COMP) increased 46 points, or 1.6%. The rally pushed pushed the [...]

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Green Mountain Coffee shares surge

By doris | Published: February 3, 2012

Full Story at money.cnn.com NEW YORK (CNNMoney) — Shares of Green Mountain Coffee Roasters surged nearly 25% Thursday after a stellar earnings report. After the closing bell Wednesday, Green Mountain (GMCR) reported $96 million in net income for the quarter ended in December, a 264% increase over the same quarter in the previous year that [...]

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Amazon earnings OK, but stock slides 10%

By doris | Published: February 1, 2012

Full Story at money.cnn.com NEW YORK (CNNMoney) — Amazon’s fourth-quarter sales results weren’t awful, but investors went ahead and punished the stock severely anyway. Amazon (AMZN, Fortune 500) earned $177 million, or 38 cents per share for the holiday quarter that ended December 31 — more than double the 17 cents per share that analysts [...]

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Stocks trim losses, but end in red on Greek woes

By doris | Published: January 31, 2012

Full Story at Money.CNN.com NEW YORK (CNNMoney) — U.S. stocks recovered most of their lost ground Monday afternoon but struggled to pull out of the red as concerns over Greece continued to weigh on the market. Stocks started the day down about 1% after the weekend came and went without Greek leaders reaching an agreement [...]

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Signs point to stocks finishing January strong

By doris | Published: January 30, 2012

Full Story at msnbc.com NEW YORK — January has turned out strong for equities with just two trading days to go. If you’re afraid to miss the ride, there’s still time to jump in. You just might want to wear a neck brace. The new year lured buyers into growth-related sectors, the ones that were [...]

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Medicare passes on big profits to insurers

By doris | Published: December 23, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — This has been a volatile year for the stock market. But one sector has been consistently earning a windfall for investors: health insurers that provide private Medicare plans to seniors. Among the top-performing Fortune 500 stocks of 2011, three – WellCare Health Plans (WCG, Fortune 500), Humana [...]

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Another awful week for stocks. Thanks, Europe!

By doris | Published: November 26, 2011

Full Story atmoney,CNN.com NEW YORK (CNNMoney) — U.S. stocks ended lower Friday, logging the worst weekly losses in two months, as eurozone fears continued to weigh on investor sentiment. The Dow Jones industrial average (INDU) lost 26 points, or 0.2%, finishing in the red for a fourth consecutive day. The S&P 500 (SPX) fell 3 [...]

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AIG posts $4.1 billion loss

By doris | Published: November 3, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — American International Group is back in the red. Way in the red. The bailed out insurer posted a net loss of $4.1 billion on Thursday, a loss per share of $2.16 for the third quarter. While analysts hadn’t expected the company to post a profit, the size [...]

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Stocks post gains for the week

By doris | Published: October 9, 2011

Full Story at Money.cnn.com NEW YORK (CNNMoney) — U.S. stocks ended a strong week on a low note Friday as ongoing concerns about the European debt crisis overshadowed a better-than-expected report on the U.S. job market. The Dow Jones industrial average (INDU) fell 20 points, or 0.2%, to close at 11,103. The S&P 500 (SPX) [...]

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Stocks: Worst quarter since financial crisis

By doris | Published: October 2, 2011

Full Story at CNN.com NEW YORK (CNNMoney) — Stocks ended a dismal quarter with heavy losses Friday as investors remain worried about the debt crisis in Europe and the outlook for global economic growth. The Dow Jones industrial average (INDU) fell 240 points, or 2.1%, to close at 10,913. The S&P 500 (SPX) slid 30 [...]

Also posted in Debt, Investors, Lose | Leave a comment

Investors fear governments can’t stop new recession

By doris | Published: September 25, 2011

Full Story at BottomLine.msnbc.msn.com Global stock markets fell in lockstep this week because investors all share a common fear: The world is slipping back into recession and governments around the world are powerless to stop it. Two years after the world emerged from the worst financial collapse since the 1930s, a repeat is looming. European [...]

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Stocks advance on last day of turbulent week

By doris | Published: September 23, 2011

Full Story at BottomLine.msnbc.msn.com All three major U.S. indexes were up slightly Friday after a hellish Thursday that saw the Dow Jones industrial average drop 391 points. The Dow was up about 32 points or 0.3 percent in afternoon trading Friday. All week, traders have been stung by worries that the economy is headed for [...]

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Ex-Yahoo CEO will walk away with millions

By doris | Published: September 7, 2011

Full Story at money.cnn.com NEW YORK (CNNMoney) — When Carol Bartz says she wishes Yahoo “only the best going forward,” she means it — her severance package leaves her with millions of dollars tied to the company’s stock performance over the coming year. Bartz pulled down a base salary of $1 million per year as [...]

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Stocks try to end August on high note

By doris | Published: August 31, 2011

Full Story at money.CNN.com NEW YORK (CNNMoney) — U.S. stocks were modestly higher Wednesday, on the last day of what has been a volatile month, as investors digested several economic reports on the labor market and manufacturing. The Dow Jones industrial average (INDU) gained 44 points, or 0.4%, nudging into positive territory for 2011; the [...]

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