Market Gawk

United States Market and Economy

September 6th, 2007

S&P 500, Dow Creep Higher, But Trade Falls

NYSE stocks edged higher Thursday, but volume was unimpressive as traders await Friday’s payroll report.

Original post by FeedZilla

September 6th, 2007

Stocks Firm Up In Light Trade Ahead Of Jobs Report

Stocks bagged modest gains in lighter volume Thursday, trading quietly a day after a bout of distribution.

Original post by FeedZilla

September 6th, 2007

Wireless, Cashless Payments Come To The World Of Taxi Drivers

Right after Labor Day, a slew of New York City taxi drivers protested plans to roll out credit- and debit-card payment systems in the back seats…

Original post by FeedZilla

September 6th, 2007

Examining how to hedge a single position and your entire portfolio

During the past couple of trading session, I have examined various ways in which to use options…(Read More)

Original post by FeedZilla

September 6th, 2007

Dollar Down Against Euro, Pound (AP)

The dollar fell against the euro and the pound Thursday after Europe and the U.K. left interest rates unchanged and U.S. dealers began to look toward Friday’s U.S. employment report.

Original post by FeedZilla

September 6th, 2007

Massey to Focus on Metallurgical Coal (AP)

Massey Energy Co. is making a big bet on metallurgical coal. The nation’s fourth-largest coal company by revenue plans to boost production of so-called met coal sold to the steel industry.

Original post by FeedZilla

September 6th, 2007

Apple’s Jobs Sorry for IPhone Price Cut (AP)

Apple Inc. CEO Steve Jobs apologized and offered $100 credits Thursday to customers who shelled out $599 for the most advanced model of the iPhone, only to have the company unexpectedly slash the price $200 in a push to boost holiday sales.

Original post by FeedZilla

September 6th, 2007

Wall St higher on retail sales figures

Wall Street stocks closed moderately higher, reversing earlier losses, as investors digested better-than-expected retail sales for August amid concerns over elevated money market rates

Original post by FeedZilla

September 6th, 2007

Global Overview: Investors look for rate outlook clues

Equity markets endured a volatile session as investors scoured US economic releases and central bank comments for clues about the global interest rate outlook

Original post by FeedZilla

September 6th, 2007

Author Solutions to acquire rival

Self-publishing company Author Solutions Inc. will acquire rival iUniverse Inc., the companies said Thursday.

Original post by FeedZilla