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Hong Kong IPO Boom Is a Bust for Many

The average initial public offering in Hong Kong since the start of 2009 is down 13%, and more than two-thirds of the offerings have underperformed the Hang Seng Index since their listings.

 

Apple stock jumps 9% on strong earnings, lifting Nasdaq

Apple Inc.'s stock hit a rough spot earlier this month, but with the stock springing up 9% so far Wednesday, things seem to be smoothing out.

 

US stocks slide on economic tremors from Europe

Stock Market

Stocks fell sharply Monday morning with new worries about Europe. A collection of worrying news out of Europe sent stocks sharply lower on Monday. The Dutch government collapsed Monday, a day after French President Nicolas Sarkozy lost the first round of that country's presidential election to a Socialist candidate. A new report showed that European government debt continues to pile up despite severe budget cuts, which have led to unrest and political upheaval across the continent.

 

Another Election Year, Another Attempt to End Oil Speculation

It might have started a couple months earlier, but this is eerily similar to the summer of 2008 when gas prices were at record highs, which is around $4 per gallon. Back then, congress proposed a bill to regulate oil speculation, but nothing came of it. It was shelved when people fought back by driving less and using alternative methods of transportation, lowering gas prices to the point where it no longer became an issue.

 

Stocks surge to best gain in a month

Stock Market

Stocks soared Tuesday, as investors welcomed a slew of solid earnings and after a German investor confidence survey surprised on the upside and Spanish benchmark yields eased.

 

Slumping Wall Street keeps an eye on earnings

After suffering their worst two weeks of the year, stocks will look to quarterly earnings to determine whether the recent pullback has been exhausted or more losses are justified.

 

Google plans stock split; results spur relief

Google

Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the No. 1 Web search engine, as it posted revenue in line with estimates.

 

Wall Street rebounds after sell-off, Alcoa soars

U.S. stocks rose on Wednesday after an encouraging start to earnings season helped equities rebound from five days of losses that pushed the S&P 500 and the Nasdaq below key technical levels.

 

Stocks extend slide to 5 days, longest this year

stock market

The stock market extended its longest and deepest slump of the year Tuesday, caught between a recurring nightmare of European debt and the beginning of uncertain corporate earnings reports at home. The Dow Jones industrial average fell 213.66 points, its biggest decline of the year and third triple-digit loss...

 

Apple market value hits $600B

Apple, already the world's most valuable company, hit the $600 billion level for the first time Tuesday....

 

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