Wednesday, December 17th, 2008
Morgan Stanley is the latest financial company to report results of an extremely dismal quarter. The company announced a loss of $2.3 billion for the fourth quarter.
The numbers were much worse than most analysts expected.
Either way, the results were substantially worse than what analysts were anticipating. Consensus estimates were ...
Posted in Stock Highlight | No Comments »
Tuesday, December 16th, 2008
Any news is good news these days, especially if it doesn't involve billions of dollars lost for investors. There was a slight bit of decent news today concerning the Fed interest rate hike and new orders from General Electric.
Questions are swirling concerning whether the White House will bail out ...
Posted in Market News | No Comments »
Friday, June 27th, 2008
A bear market has been officially declared for the Dow Jones Industrial Average (DJIA.) The market is down 20% from its peak in October 2007.
Record oil prices, the credit crunch and fears about the economy aren't helping matters. There is still a lot of concern that subprime related writedowns ...
Posted in Market News | 1 Comment »
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