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Apple Stock Jumps on $1B Samsung Verdict

Apple’s $1 billion court win against Samsung is translating into a much bigger jump in its market value. Apple shares are up $19, or 2.9 percent, at $682.22 in premarket trading Monday. That boosts Apple Inc.’s market capitalization by $18 billion.

 

Dow Heads Toward First Weekly Loss in Seven

Stocks inched higher after a mixed reading on orders for durable goods, but the Dow remained on track for its first weekly loss in seven.

 

Stocks end higher despite weak China data

Stocks closed Friday higher even as a raft of weak data from China signaled a slowing global economy.

 

Stock market is ending the week on a sour note

Stock Market

Stocks are opening lower on Wall Street, deflated by signs that the global economic meltdown is being felt across Asia... China reported sharply lower growth in its exports. The so-called fiscal cliff, when U.S. government spending cuts and higher taxes kick in on Jan. 1, looms larger now that the distraction of earnings season is over.

 

S&P 500 up for fifth session; Wall Street near four-year highs

Stocks edged slightly higher on Thursday, up for a fifth session, on better-than-expected jobless claims and trade data in the United States and hopes of further stimulus action from China's central bank.

 

Knight losses estimated at $270 million after taxes: CEO letter

Trading losses at Knight Capital Group Inc were about $270 million after taxes from the August 1 software glitch that sent the firm scrambling for a financial lifeline, Chief Executive Tom Joyce told clients in a letter.

 

Knight nears $400 million capital injection: sources

Knight Capital

Knight Capital Group Inc looked set on Sunday to receive a $400 million capital injection from a group of investors, as it sought a rescue deal to avoid bankruptcy after a crippling $440 million loss, two sources familiar with the situation said.

 

Stocks soar on surprisingly strong July job report

Stocks

Stocks are surging on Wall Street, breaking a four-day losing streak, after the government reported a sharp pickup in hiring by U.S. employers in July. The Dow Jones industrial average shot up 244 points to 13,123 shortly before noon. The broader Standard & Poor's 500 index rose 28 points to 1,393, and the Nasdaq composite added 62 points to 2,972.

Senh: July's job report has a fan: the stock market.

 

Facebook share price falls below $20

Facebook Campus

Facebook’s stock price reached a new low Thursday as shares of the world's largest social network fell below $20 for the first time, down by nearly half from its $38 initial public offering price.

 

Knight seeks financing after $440 million trading loss

Knight Capital

Trading firm Knight Capital is being forced to raise money after an erroneous trading position wiped out $440 million of the firm's capital, Knight said in a statement on Thursday.

 

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