Post Tagged with: "NYSE"

Dow falls triple digits; energy off 3.5% as oil gives up gains

March 8, 2016 3:56 PM0 comments
Dow falls triple digits; energy off 3.5% as oil gives up gains

U.S. stocks held lower in choppy trade Tuesday after weaker-than-expected Chinese trade data renewed concerns about global growth. The Dow Jones industrial average traded about 100 points lower. Earlier, the index briefly fell more than 150 points in mid-morning trade, with Caterpillar (CAT) and Goldman Sachs (GS) the greatest contributor […]

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Signs of global weakness of NASDAQ: CSCO and NYSE: NOK

February 12, 2016 11:48 AM0 comments
Signs of global weakness of NASDAQ: CSCO and NYSE: NOK

Two big technology companies this week provided more evidence that the global economy is slowing and possibly even headed toward a recession. Executives at Cisco Systems (CSCO) and Nokia (), as they reported their most recent quarterly results, both warned of a major slowdown in orders from their corporate customers […]

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Stocks tumble to start 2016 following China sell-off

January 4, 2016 3:59 PM0 comments
Stocks tumble to start 2016 following China sell-off

An overnight drop in stock prices in Asia and Europe provides a dismal backdrop for the first trading day of 2016. The Dow Jones futures were down 287 points at 17,054.0, the S&P 500 futures declined 32.4 points to 2,003.0 and the Nasdaq futures fell 89.0 points to 4,498.8 shortly […]

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$67 billion buyout of EMC (NYSE:EMC) Corp by Silver Lake and DELL

October 12, 2015 4:18 PM0 comments
$67 billion buyout of EMC (NYSE:EMC) Corp by Silver Lake and DELL

    $67 billion buyout of EMC Corp by Silver Lake and DELL Silver Lake has broken private equity’s golden rule about not having too much exposure to a single company. Two years after helping to take Dell Inc. private in a $24.9 billion buyout, private equity firm Silver Lake […]

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Corporate News, Oil Rebound Help Propel Wall Street

October 7, 2015 10:45 AM2 comments
Corporate News, Oil Rebound Help Propel Wall Street

U.S. equity markets were solidly higher on Wednesday as focus turned to corporate news and energy names got a boost from higher oil prices. As of 9:30 a.m. ET, the Dow Jones Industrial Average was up 102 points, or 0.61% to 16893. The S&P 500 gained 11 points, or 0.57% […]

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Dow, S&P close up more than 1%, post biggest reversal in 4 years

October 2, 2015 9:21 PM0 comments
Dow, S&P close up more than 1%, post biggest reversal in 4 years

U.S. stocks closed more than 1 percent higher Friday, recovering from an initial decline of more than 1.5 percent, as investors digested higher oil prices and a weaker-than-expected jobs report. “The poor employment report put a footing to the market because it provided a way for the market to understand […]

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Sprint Corp NYSE: S to cut up to $2.5 billion in costs, layoff workers in next six months

8:10 PM0 comments
Sprint Corp NYSE: S to cut up to $2.5 billion in costs, layoff workers in next six months

NEW YORK Sprint Corp NYSE: S recently tumbled behind T-Mobile NYSE: TMUS into fourth place among U.S. wireless carriers. And now Sprint CEO Marcelo Claure has the company on the verge of drastic cost cuts. Sprint told USA TODAY that it plans to significantly reduce spending, but it didn’t specify […]

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Investors Flock to Safe-Haven Bonds in Market Selloff

September 22, 2015 10:04 PM0 comments
Investors Flock to Safe-Haven Bonds in Market Selloff

New York NY – U.S. equity markets pared a steep selloff on Tuesday after investors fled the equity market and sought safety in government bonds. The Dow Jones Industrial Average declined 179 points, or 1.09% to 16330. The S&P 500 sagged 24 points, or 1.23% to 1942, while the Nasdaq […]

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Wall Street Rallies on the Back of Mixed Global Trade Data

September 8, 2015 4:52 PM0 comments
Wall Street Rallies on the Back of Mixed Global Trade Data

Major averages surged more than 2% on Tuesday as traders in America returned from a long Labor Day weekend to mixed trade data from China and Germany. The Dow Jones Industrial Average was 388 points higher, or 2.42% to 16491. The S&P 500 gained 48 points, or 2.50% to 1969, […]

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Wall Street Ends Flat Ahead of Jobs Report

September 3, 2015 4:12 PM0 comments
Wall Street Ends Flat Ahead of Jobs Report

After seesawing through afternoon action, Wall Street ended near the flat line as traders braced for Friday’s August jobs report. The Dow Jones Industrial Average rose 22 points, or 0.14% to 16373. The S&P 500 gained 2 points, or 0.11% to 1951, while the Nasdaq Composite ticked 16 points lower, […]

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