Financial Trading News
Okay, so it’s not a huge surprise that BlackBerry is dropping, as we all know that the once virile brand has hit some rather hard times since smartphone users have by and large decided that touch screens are preferable to the brand’s signature keypads. However, Nokia’s success has been more surprising than that, as they
While both the Dow Jones Industrial Average (DJI) and S&P 500 dropped by the end of the day, there were reasons for a little optimism on Wednesday, especially for investors in the industrial sector. Financial sector investors? Eh, not so much. The Dow Jones had a streak of consecutive days trading at a loss extend
If you like your polos with collars popped and your clothing stores doused in club-scent cologne, you’d better have a seat before we share this news. Abercrombie & Fitch, the unabashedly judgmental clothing outfitter that is only interested in “cool” customers and employees, has seen a precipitous drop of late in their stock value, which
Depending on who you talk to, the recession may or may not be over. I don’t think Wal-Mart would be on the “no more recession” side, judging by their latest warning that was issued alongside a disappointing adjustment to their earnings outlook. While reporting sales that have been lower than expected and issuing the afore-mentioned
There were plenty of headlines today about Facebook chief operating officer Sheryl Sandberg dropping almost 2.4 million of her shares of the company’s stock last week, with a total haul for the COO coming up to about $91 million. However, there’s more here than meets the eye, as any knowledgeable investor will tell you. Sandberg
When you think about successful initial public offerings on Wall Street, you may not have ever imagined that Sprouts Farmers Market would join the exclusive company of other first day stars. However, they have certainly done that with what can only be called a fantastic first day on the market. Sprouts Farmers Market (SFM) is
Summer is often associated with a slump, but as CNN’s Paul La Monica points out, that has been far from the case this year. In fact, many stocks are having not only strong summers, but reaching all-time highs in the process. Even stranger is the fact that the summer slump actually held throughout June, when
We’ve all had a little bit of fun picking on Facebook (FB) over the last year since their IPO pretty much completely flopped. However, that isn’t stopping the stock from fighting back admirably, and even with news that we even regurgitated here less than two weeks ago about Facebook insiders dumping some of their shares,
