The Latest News on Stock Market
Read articles about the stock market and stay informed about the latest developments worldwide.
The global credit crunch is now taking a bite of office lease rents. The mortgage meltdown is finally reaching its tentacles into commercial real estate both in the US and in the UK.
General Motors, one of the world’s largest auto manufacturer, faces liquidity problems that could lead to bankruptcy.
Investment banks and other financial institutions have been bombarding the world with losses reports for the past several months.
Merrill Lynch & Co. posted a $6.5 billion on mortgage write downs, the third straight quarterly loss.
When the numbers do the talk… see below a list of the most important equity indices from around the world…
Growth is weakening everywhere, but most in US. The dollar fell to a record low against the euro and the weakest in almost three years versus the yen.
Lowe’s Companies, Inc. the second largest US home improvement chain, announced a sharp fall in 4th quarter profits.
Wal-Mart has announced 4th quarter figures better and higher than expected. Sales per store increased by 1.7% and gross margin…
Cadbury announced full year 2007 results that were in line with analysts expectations.
Is that a good thing?
Check out a list of U.S. companies, whose stock price is having unusual price changes.
Global market indices have dropped 20%-25% from their recent high averages, in less than one month’s time!
“The most profitable of all airfares in the travel industry, are the trans-Atlantic business-class fares”, claims Global Travel News, and British Airways seems to agree completely.
The political situation is quite edgy at the moment in Italy. Fears of possible government collapse caused Alitalia’s stock price to fall to 63.25 cents, a dramatic further 9.7 percent fall.
The new US inflation data released on Friday have triggered a fresh sell-off in the London stock market, sending stocks lower from Wall Street to Europe and Asia.
Reuters reported that the global credit crisis will chop 16% of this year’s bonus payouts in the City of London. However, it seems like the credit crunch has just started sinking its teeth into the markets.