Google completes Motorola Mobility acquisition

BY: Associated Press
POSTED: May 22, 2012
Tags: android, Business, DoubleClick Inc., google, motorola, Motorola Mobility acquisition, shares, software, stock market, takeover, Technology, trading

SAN FRANCISCO — Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet’s most powerful company as it tries to shape the future of mobile computing. The deal closed Tuesday, nine months after Google Inc. made a surprise announcement that it wanted to [...]

Where are Facebook’s friends? Stock down after IPO

BY: Associated Press
POSTED: May 22, 2012
Tags: Banks, closing price, earnings, europe, facebook, google, initial public offering, internet, mark zuckerberg, Nasdaq, netscape, shares, social media, social netowrk, standard & poor's, stock, stock market

NEW YORK — Facebook was supposed to soar. Instead, it plunged. After the social network’s stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. The downward spiral has left some people sitting on big losses, and others scratching their heads. [...]

Kevin Fusco: Investors face election-year uncertainties 

BY: Kevin Fusco
POSTED: May 20, 2012
Tags: budget, Economy, election, european union, finance, investors, Kevin Fusco, policies, presidential, stock market, uncertainty

Fiscal tensions in Europe, which have been brewing unabated for more than two years, must now also contend with a fresh round of political turmoil that further threatens European Union stability and may serve as a precursor to what most expect to be a heated election year in the United States. Investors will be watching [...]

Fed: Several members could support further easing

BY: Associated Press
POSTED: May 16, 2012
Tags: Ben Bernanke, borrowing, Economy, european debt crisis, federal funds rate, federal reserve, forecasts, growth, interest rates, jeffrey lacker, spending, stock market

WASHINGTON — Federal Reserve policymakers are open to further efforts to stimulate the U.S. economy if growth falters or threats escalate. Minutes of the central bank’s April 24-25 meeting released Wednesday stated that “several members” thought additional Fed support could be needed if the recovery lost momentum or if the risks to the economy became [...]

Reports: Facebook leaning toward Nasdaq

BY: Associated Press
POSTED: April 6, 2012
Tags: Apple, facebook, google, initial public offering, larry page, linkedin, mark zuckerberg, microsoft, Nasdaq, NYSE, nyse euronext, securities and exchange commission, Sergey Brin, stock market, wall street

NEW YORK — Facebook will list its shares with Nasdaq, according to media reports. That would be a big win for the Nasdaq, which competes fiercely with NYSE Euronext Inc., especially for an initial public offering as large as Facebook’s, pegged at $5 billion. The New York Times and CNBC cited anonymous sources on the [...]

Gold price plunge has some saying the rush is over

BY: Associated Press
POSTED: April 4, 2012
Tags: decrease, federal reserve, gold, investment, price, stock market, treasury

NEW YORK — The price of gold, which has climbed for years like a blood pressure reading for anxious investors, plunged Wednesday to its lowest level in three months. Gold fell almost $58 to $1,614 per ounce. It has declined 15 percent since September, when it hit a peak of $1,907. It had more than [...]

Bernanke’s cautious words drive market up

BY: Associated Press
POSTED: March 26, 2012
Tags: Ben Bernanke, chairman, Economy, federal reserve, growth, increase, job market, stock market, united states

WASHINGTON — Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help boost economic growth. Bernanke’s comments Monday to a group of economists in Arlington, Va., drove stocks higher. Many took his cautious words about the economy to mean the [...]

Fewer seek U.S. unemployment aid, tying a 4-year low

BY: Associated Press
POSTED: March 15, 2012
Tags: applications, auto sales, benefits, Economy, employees, employers, federal reserve, great recession, hires, jobs, Labor Department, stock market, unemployed, Unemployment

WASHINGTON — Fewer people sought U.S. unemployment benefits last week, adding to signs that the job market is strengthening. Applications for unemployment aid dropped 14,000 to a seasonally adjusted 351,000, the Labor Department said Thursday. That matches a four-year low reached last month. The four-week average, which smooths fluctuations, was unchanged at 355,750. Applications have [...]

Marianne D. Fishler: Assessing risk can be, well, risky 

BY: Marianne D. Fishler
POSTED: March 4, 2012
Tags: Banking, dow jones, investment, Marianne D. Fishler, portfolio, risk, savings, stock market

Life is full of risks. Usually we can identify risk and measure it. In our personal lives, it is deciding whether to speed up or slow down when confronted with a yellow light, crossing the street quickly to avoid a bus or being the first to say “I love you.” At work, it is the [...]

Dow closes above 13,000 for the first time since May 2008

BY: Associated Press
POSTED: February 28, 2012
Tags: bailouts, bank failures, dow jones, dow jones industrial average, eisnerampler, gasoline, great recession, lehman brothers, stock market, Stocks

The Dow Jones industrial average on Tuesday finally reclaimed the ground it held before the carnage of the Great Recession — bailouts, bank failures, layoffs by the million and a stock market panic that cut retirement savings in half. The Dow closed above 13,000 for the first time since May 19, 2008, almost four months [...]

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