Market Gawk

United States Market and Economy

August 3rd, 2007

Stocks Fall Sharply Amid Credit Fears (AP)

Wall Street plunged anew Friday, hurtling the Dow Jones industrial average down more than 280 points after comments from a major investment bank exacerbated the market’s fears of a widening credit crunch.

Original post by FeedZilla

August 3rd, 2007

links for 2007-08-04

Resources: (Non-Google) Geocoders & Reverse Geocoders - Google Maps API | Google Groups
(tags: geocoding api resources webservices)

8-3-07 Wallstrip Chat: Toni Schneider
Today, Lindsay chats with Toni Schneider, CEO of Automattic (WordPress), about the best and worst parts of Web 2.0.
(tags: wordpress video for_TM web2.0)

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Original post by FeedZilla

August 3rd, 2007

Nasdaq Tumbles 2.5% As Credit Fears Deepen

Stocks dug deeper into their correction Friday, undercutting a two-day attempted rally and notching the NASDAQ’s lowest close since April 19.

Original post by FeedZilla

August 3rd, 2007

NYSE Stocks Plunge In Late Trade, Post New Lows

NYSE stocks took a nose dive in the final trading hours Friday, closing at session lows.

Original post by FeedZilla

August 3rd, 2007

Subprime Fears Trigger Another Stock Market Sell-Off

A fresh round of credit market fears whacked stocks Friday, sending the major indexes down sharply in broad selling.

Original post by FeedZilla

August 3rd, 2007

Wall Street dive pulls regional markets deeper in the red

SAN FRANCISCO (MarketWatch) — Major Latin American markets slid Friday, dragged lower by a dive on Wall Street during the late stages of trading on heightened anxiety about troubled in U.S. credit and mortgage markets.

Original post by FeedZilla

August 3rd, 2007

Amazon.com to offer payment service; Microsoft busy

SAN FRANCISCO (MarketWatch) — Amazon.com Inc. shares ended unchanged Friday evening after the Internet-based retailer confirmed plans to offer an online payments service that could compete with similar services from eBay Inc. and Google Inc.

Original post by FeedZilla

August 3rd, 2007

P&G Up On a Down Day

The consumer products maker reported a 19% increase in second quarter profit and a stock repurchase plan.

Original post by FeedZilla

August 3rd, 2007

First Data begins $2.2 billion debt tender offer

First Data Corp. has begun a cash tender offer for about $2.2 billion of its outstanding unsecured debt, in connection with its upcoming buyout by Kohlberg Kravis Roberts & Co., the company said Friday.

Original post by FeedZilla

August 3rd, 2007

Crescent acquisition completed

The acquisition of Crescent Real Estate Equities Co. by Morgan Stanley Real Estate was completed Friday, Crescent said in a regulatory filing.

Original post by FeedZilla