Stocks: Worst week of the year

Posted on May 19, 2012 by madmin

Stocks closed out an ugly week. Despite initial euphoria surrounding Facebook's public debut, the social network's shares barely popped above its offering price and failed to inspire investors to buy into the broader market. Continue →

World stocks erase year's gain; Brent at 2012 low

Posted on May 19, 2012 by madmin

World stocks erased the year's gains on Friday as investors fled risky investments for safe-haven assets on concerns about the euro zone's deepening debt woes, while U.S. Continue →

Stocks Down for Third Week Amid Facebook Frenzy

Posted on May 19, 2012 by madmin

U.S. stocks were lower for the third straight week on Greece and European debt worries while Facebook’s (NasdaqGS: FB) highly anticipated IPO was a disappointment in the first day of trading Friday.A social ... Continue →

S.Africa stocks book worst week in six months

Posted on May 19, 2012 by madmin

JOHANNESBURG (Reuters) - South African stocks fell 1.3 percent on Friday, booking their worst weekly performance in six months, as investors continued to hit shares of resource firms and banks on nagging worries about the outlook for Europe. Continue →

Social media stocks hammered as Facebook debuts

Posted on May 19, 2012 by madmin

Social media stocks, led by Zynga Inc , slumped in volatile trading as traders used the securities to hedge or bet against the star of the sector, Facebook Inc , which went public in a disappointing debut ... Continue →

Stocks: Facebook IPO vs. Europe worries

Posted on May 18, 2012 by madmin

U.S. stocks were poised for a higher open Friday as investor excitement over the Facebook initial public offering countered continued worries about the European sovereign debt crisis. Read more: Stocks: Facebook IPO vs. Continue →

Stocks fall on Europe, worrisome economic reports

Posted on May 18, 2012 by madmin

Stocks slipped Thursday after a couple of downbeat economic reports from the U.S. Continue →

Facebook IPO could lift stocks

Posted on May 18, 2012 by madmin

U.S. stocks were poised for a higher open Friday as investor excitement over the Facebook initial public offering countered continued worries about the European sovereign debt crisis. Continue →

Stocks open lower as Europe overshadows jobs data

Posted on May 18, 2012 by madmin

Stocks slipped in early trading Thursday as unease over Europe overshadowed an encouraging report on unemployment claims and good results from big retailers including Wal-Mart Stores. Continue →

Stocks end at 4-month lows

Posted on May 18, 2012 by madmin

Investors fled stocks and flocked toward the safety of U.S. Treasuries Thursday as worries about Greece's future in the eurozone continued to escalate. Continue →