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The merger of Alcatel and Lucent was lame-brained from the start. It joined two weak companies in a troubled industry which includes also-rans like Nortel (NT). It is an ugly group of firms which do...
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Markets in Europe were lower at 6.50 AM New York time. The FTSE was off .5% to 5,996. Barclays (BCS) was off 2.6% to 469. BP (BP) was up 2.3% to 554.5. The DAXX fell .5% to 6,963. Man AG was down...
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Markets in Europe were modestly higher at 7.05 AM. The FTSE was up .6% to 6,066. Barclays (BCS) is up 2.2% 482.5. Vodafone (VOD) is down 1.7% to 178.2. The DAXX is higher by 1.3% to 7,056. BMW is up...
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Markets in Europe were higher at 6.30 AM New York time. The FTSE was trading up 1.5% to 5,874. BHP Billiton (BHP) was up 3.1% to 1437. Imperial Tobacco was down 2.2% to 2319. The DAXX was up 1.3% to...
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Market in Europe were off sharply at 6.30 AM New York time. The FTSE sold down 2.1% to 5,749. BP (BP) was off 3.4% to 519.5. BHP Billiton (BHP) was down 3.6% to 1366. The DAXX dropped 1.7% tp 6,694....
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Markets in Europe were up sharply at 6.30 AM. The FTSE is up 4.7% to 5,854. BHP Billiton (BHP) is up 6.5% to 1352. BP (BP) is rising 5.9% to 533. The DAXX 5.8% to 6,813. Commerzbank is up 6.7% to...
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According to Reuters, Meg Whitman is stepping down as CEO of Ebay (EBAY). Reuters writes that GM (GM) said it would rather be a strong No.2 in the global market than a weak No.1. Reuters writes that...
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Markets in Europe have gained back most of their sell-offs at 5.40 AM Eastern time. The FTSE is off .1% at 5,571. BHP Billiton (BHP) is up 1.9% to 1259. BP (BP) is off 1.4% to 512. The DAXX is off 2%...
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Tuesday could bring a 1,000 point drop on the Dow, especially if markets in Asia and Europe repeat their Monday performances tomorrow. China’s big Hang Seng index fell 5.5% to 23,818. The...
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Markets in Europe were down significantly at 7.20 AM The FTSE fell 4.9% to 5,613. BHP Billiton (BHP) was off 7.5% to 1275. BT (BT) was off 5% to 262. The DAXX dropped 6.5% to 6,839. Deutsche Bank...
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Market in Europe were down at 6.20 AM New York time. The FTSE was off 1% to 6,295. Barclays (BCS) was down 3% to 458.75. BP (BP) was down 4.2% to 607. Marks and Spencer was off 18% to 414. The DAXX...
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Markets in Europe were lower at 6.40 AM New York time. The FTSE was off .2% to 6,403. BP (BP) was up 2.2% to 630. Intercontinental Hotels was off 4.5% to 820. The DAXX was off .8% to 7,885. Daimler...
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Markets in Europe were mixed at 6.15 AM. The FTSE was up .6% to 6,497. Barclays (BCS) was up 2.3% to 515.50. Prudential (PUK) was down 1.1% to 704.5. The DAXX fell .1% to 8,061. Infineon was up 3.6%...
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2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously Jim Cramer. If you...
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Markets in Europe were higher at 6.40 AM New York time. The FTSE rose .4% to 6,462. Barclays (BCS) was up 2.8% to 518.5. RBS (RBS) was up 2.3% to 445.50. The DAXX rose 1.7% to 8,003. BMW was up 5.2%...
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