Riyadh-based Bakheet Investment Group reported the Saudi stock market has remained in its volatile performance for the second week as speculation continues as the dominant factor, as cited by Arab News. The Tasi was lower by 1.97% last week and is currently 15.1% lower than the year’s start.
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Resumption of buyback program sends shares higher.
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Sky-cell communications company’s shares jump after EchoStar investment.
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gold prices have reached record highs of more than $900 an ounce, as worries about the quality of paper assets have led investors to seek a safe…
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NASDAQ stocks moved up 0.5% Friday, even as the NYSE indexes lost ground. Still, losers led winners by 4-to-3 on the composite. Volume cooled from…
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NYSE stocks limped to a lower close Friday to end a bad week .
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Stocks notched mixed results Friday, as investors grappled with more weakness in the financial sector at the end of an ugly week.
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SAN FRANCISCO (MarketWatch) - Yahoo Inc.’s board of directors discussed its options in the face of Microsoft Corp.’s unsolicited offer to buy the Internet company, including an advertising-outsourcing pact with Google Inc. , The Wall Street Journal reported late Friday, citing people familiar with the matter. The newspaper said the directors also discussed a strategy for negotiating a higher bid from Microsoft in the event they pursue the offer.
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Steel recycler to buy scrap broker David J. Joseph for $1.4B as metal price soars.
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Sun Capital Securities Group LLC said Friday that it amended its offer to buy Kellwood Co.'s outstanding shares to add a condition that, on the offer's closing, would give Sun Capital a majority of Kellwood's board seats and representation proportional to Sun Capital's percentage stake in the company. (KWD)
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