Archive for April, 2006
Stocks…Playing the ‘worst 6 months’
"Sell in May and walk away" is an old Wall Street saying about the summer and early fall.
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Bausch sold ReNu in U.S. knowing problems in Asia
Bausch & Lomb stock fell after the maker of contact lenses said it knew about problems with its ReNu contact solution and had stopped selling the product in Asia months before it stopped selling the product in the U.S.
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Fighting brand ripoffs
Late last month, a remarkable, seven-year-old dispute between New Balance Athletic Shoe and a former overseas contractor unexpectedly sprang back to life.
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Behind that circuitboard: Congo’s desperate tin men
Pascal Kasereka emerges from a forest carrying his weight in rocks slung over his back. "We are lucky to have these rocks in the earth," says the 16-year-old, who has spent two days walking from a tin mine in Walikale in eastern Democratic Republic of Congo to sell his load. "I hear the Americans like them."
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Early jitters rattle stocks
Stocks slid Thursday morning, with the Dow industrials backing off from six-year highs hit yesterday, amid disappointing earnings from Exxon Mobil, rising interest rates and jitters ahead of testimony from Fed chair Ben Bernanke.
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Bonds sink before Bernanke speech
Treasury prices edged lower Thursday on a bigger-than-expected jump in jobless claims, but investors were primarily focused on Federal Reserve Chairman Ben Bernanke's comments to Congress later today.
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AOL: You’ve got blog (about stocks)
NEW YORK (CNNMoney.com) - The blogosphere just keeps getting bigger and bigger.
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Microsoft: Awake, Sleeping Giant!
Microsoft reports quarterly results Thursday and while it's expected to be a "transitional" quarter, industry analysts and some investors say the next 18 months will be crucial for the world's largest software maker.
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Jobless claims up more than expected
Read full story for latest details.
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Exxon profit surges
Exxon Mobil reported higher quarterly profits Thursday as the price of oil surged. But the company missed analyst estimates and failed to top last quarter's record earnings.
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