stock prices

Wall Street is shrugging off a larger-than-expected drop in sales of existing homes last month as investors instead focus on the government's plan to bail out Citigroup Inc.

A dramatic, coordinated global rate cut seemed to have little immediate impact on the panic gripping the global financial system, as stock prices kept falling and credit markets remained troubled.

Things aren’t looking so good in Silicon Valley these days. As the US economy adjusts to recession, funding for ventures is down, stock prices are falling, and online tabloids have to let go even their decadent Valley prostitution reporters.

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Stock prices were rising Friday afternoon on the news that the House had passed the financial bail-out bill

Stock prices rose sharply in China, rallying on signs that the government was taking additional steps to strengthen the market.

Precious metals fell for the week with silver, gold and platinum plunging 6.3 percent, 2.8 percent and 4.4 percent, respectively.

As the U.S. dollar climbed, stocks and crude oil declined. For the week, the Dow lost 2.8 percent and the Nasdaq 4.7 percent.

By most people’s measure, it was quite a quarter for Apple, but apparently not for the geniuses on Wall Street.

While Apple sold almost a million iPhones in the first week (think about that for a second) and had what BusinessWeek called a “blowout quarter,” an off-handed remark by Apple’s CFO Peter Oppenheimer sent stock prices tumbling yesterday.

The reason for the panic was an announcement that margins could be slightly lower next quarter due to a future product transition that Oppenheimer couldn’t talk about in the quarterly earnings conference call.

If recent history is any...

Looking for a “relief rally”? That’s what Wall Street calls a temporary lull in selling that could lead to a more sustainable uptick in broad-based stock prices.

Usually, it’s one industry that feeds the bounce-back and Kevin DePew, an analyst and editor at Minyanville.com, which tracks the stock market, says that technology is that industry right now.

As a result, several indicators that he uses are back to levels last seen before the market's mid-March bounce.

In an interview on TechTalk today, Depew pointed to the Bullish Percent Indicator and High-Low Index produced by...

There's a lot of pressure on CEO's to keep costs down in a struggling economy. One way they can do that is by outsourcing their IT services to overseas firms, especially to India.

Now, this isn't exactly breaking news, but the rate that company's are turning to lower cost outsourcing programs is rising fast.

That keeps money out of the pockets of US technology services companies, and devalues their stock prices, to boot.

The proof, as they say, is in the pudding. A new report from the Gartner Group says that the current U.S. economic slowdown will lead buyers of IT services to consider...

In a recent study published in the Review of Accounting and Finance, Dr. Pervaiz Alam, Kent State University professor of accounting, and a colleague found that disaggregated bank earnings are better predictors of next period earnings and stock prices than aggregated earnings, which suggests that disaggregated information may be more useful for investment, credit and financing decisions.