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Wells Fargo in a Deal to Buy All of Wachovia

NYT > Business  Fri, 10/03/2008 - 07:40

Wachovia has apparently rejected a deal made just four days ago to sell its banking business to Citigroup, in favor of being acquired for stock valued at $15.1 billion.


 

Ballmer Gives Economic Warning

WebProNews - Financial  Tue, 09/30/2008 - 16:27

Microsoft's stock managed to go up by 6.72 percent today, which undid a great deal of damage and put the company ahead of its opening price from Friday.  Just the same, Steve Ballmer has taken the unusual step of warning onlookers that the economic problems are likely to affect everyone.

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Most Expensive Facepalm Ever

Digg - Business & Finance  Mon, 09/29/2008 - 18:50

msn reports that everyone who owns a shred of stock all did this in unison today.../facepalm.


 

Pilgrim's Pride trading halted after stock plunges

Newsvine - business  Wed, 09/24/2008 - 17:11

Trading in shares of Pilgrim's Pride Corp., the nation's largest chicken producer, was halted late Wednesday after the stock fell 38 percent and saw volume at more than six times its normal level.


 

Microsoft to buy back stock, raise dividend

MSNBC.com: Business  Mon, 09/22/2008 - 08:29

Software giant Microsoft Corp. said Monday its board approved a plan to buy back up to another $40 billion of its shares.


 

Economic Woes Don't Scare Schmidt

WebProNews - Financial  Thu, 09/18/2008 - 15:09

Google's stock first hit $430 per share in December of 2005.  It moved upward past the number in October 2006 and March of this year, as well.  Now the stock's right around $430 again, and although the situation's sure to frustrate investors, Google's leaders believe their company is in good shape.

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Discovery Owners Consolidate Their Stock

Broadcasting & Cable - Business and Deals News  Wed, 09/17/2008 - 09:30

New public company set to launch Thursday simplifies equity structure.


 

For Lehman Employees, the Collapse Is Personal

NYT > Business  Thu, 09/11/2008 - 23:53

In scenes eerily familiar of the final days of Bear Stearns, employees at Lehman Brothers are watching the value of their stock evaporate and their job prospects dim.


 

Washington Mutual Acts to Shore Up Stock

NYT > Business  Thu, 09/11/2008 - 22:13

In Thursday’s update on its third-quarter performance, Washington Mutual said that expected charge-off rates would climb in the quarter — albeit at a slower pace than in prior periods.


 

Lehman Shares Plunge on Reports

NYT > Business  Tue, 09/09/2008 - 12:54

Lehman’s stock plunged as much as 45 percent on a report that talks with the Korea Development Bank ended without a deal for a capital injection.