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January 28, 2012
20:53 // 2 years ago
November 30, 2011
Here’s Bank of America’s stock over the past five years. Steep freefall, yes? Well, it looks like it might suck even more, because the company’s stock is right near the $5 mark for the second time since 2006; it it goes below it, investors would see extra restrictions placed on the stock. Bad things come in fives for BofA.

Here’s Bank of America’s stock over the past five years. Steep freefall, yes? Well, it looks like it might suck even more, because the company’s stock is right near the $5 mark for the second time since 2006; it it goes below it, investors would see extra restrictions placed on the stock. Bad things come in fives for BofA.

9:15 // 2 years ago
November 1, 2011

Stocks hate democracy: Greek PM puts aid package up for referendum

  • cause In a surprising move that threw off the entire world market, Greek Prime Minister George Papandreou said that he would put the country’s aid package up to a public referendum.
  • reaction Stocks worldwide reacted to the news poorly, including the U.S., which fell by more than two percent. The markets were already volatile; the danger of Greek default made things even worse. source
10:25 // 2 years ago
September 30, 2011
Remember Kodak? The iconic film brand on whose film many of the 20th century’s greatest photos were taken? Well, today isn’t a banner day for them. Their stock has fallen as low as 59 percent — in a single day — after a report raised concerns about the company’s ability to turn around. They had to stop trading at one point, even. So, what’s next? Possibly bankruptcy. Last we heard of them, they were considering becoming a patent troll as a way to stay afloat. (incredibly fitting photo via Shiny Things on Flickr)

Remember Kodak? The iconic film brand on whose film many of the 20th century’s greatest photos were taken? Well, today isn’t a banner day for them. Their stock has fallen as low as 59 percent — in a single day — after a report raised concerns about the company’s ability to turn around. They had to stop trading at one point, even. So, what’s next? Possibly bankruptcy. Last we heard of them, they were considering becoming a patent troll as a way to stay afloat. (incredibly fitting photo via Shiny Things on Flickr)

14:46 // 2 years ago
September 22, 2011
15:50 // 2 years ago
August 19, 2011

Hewlett Packard’s stock reflects yesterday’s poor decision-making

» Investors were NOT happy with the news: HP fell down to its lowest level in years — a level so low that they last time it was at this nadir, Carly Fiorina had just left the company. We think this should tell HP something — killing off the race horse (WebOS) immediately after it starts the race is terrible business strategy, and investors will not react kindly to this. That was your future, HP, and you blew it because you had no idea how to feasibly make it work.

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11:11 // 3 years ago
August 18, 2011
Dow Jones having another craptastic day: Hope you investor guys took your Pepto-Bismol before the opening bell rang, guys.

Dow Jones having another craptastic day: Hope you investor guys took your Pepto-Bismol before the opening bell rang, guys.

11:30 // 3 years ago
August 11, 2011
technipol:

Dow surges 423 points
 ”Rebound! Stock markets continued their schizophrenic week Thursday as all three indexes surged on positive earnings and labor market news. The Dow Jones industrial average jumped 423 points, or 3.9%, to close at 11,143.” —CNNMoney

The graph puts the leap in perspective. We jumped today, but before this we were at our lowest point since October.

technipol:

Dow surges 423 points

 ”Rebound! Stock markets continued their schizophrenic week Thursday as all three indexes surged on positive earnings and labor market news. The Dow Jones industrial average jumped 423 points, or 3.9%, to close at 11,143.” —CNNMoney

The graph puts the leap in perspective. We jumped today, but before this we were at our lowest point since October.

17:11 // 3 years ago
August 10, 2011

French credit weaknesses pushing markets down worldwide

The cost of insuring France’s debt rose to a record high today. And unlike the United States, France can’t just increase their money supply to pay its creditors. Partly as a result, it’s the most indebted of all European AAA-rated countries. It’s having a ripple effect that’s driving markets down worldwide. While S&P and the two other major ratings firms say they have no plans to downgrade France’s credit rating, it’s evident that investors are not as confident in the country’s financial situation. source

14:10 // 3 years ago
Speaking of crazy stocks, it appears that the roller-coaster of the past few days is back again this morning. As low as -400 in early trading. Damn.

Speaking of crazy stocks, it appears that the roller-coaster of the past few days is back again this morning. As low as -400 in early trading. Damn.

10:41 // 3 years ago