October 24, 2007Home sales were down to record lows as per the housing data revealed today. This led to the sharep decline in share prices of US Stocks. NASDAQ was down more than 1% today. Other factors which assisted the free fall of US stocks was Merill Lynch’s write off of about $8 billion. This added investor [...]
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October 20, 2007Yahoo is nearing its 100 day strategic review end. This has brought out mixed reactions from various analysts and investors tracking this space. Some analysts expect Yahoo to sell off its web search business to Google while other analysts feel that Yahoo should partner with competitors of Google to form a coalition to take on google. [...]
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October 13, 2007Oracle Corphas made a USD 6.5 billion acquisition offer for BEA Systems Inc. The shares of BEA Systems Inc zoomed up after this news hit the markets, boosting sentiments amongst technology stocks. NASDAQ was up by 1% today, largely driven by the acquisition news. Retail sales data which was out today showed a rise which was more [...]
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October 12, 2007World stock markets continued their post sub prime housing crisis rally and extended their gains. Most of the asian stock markets are at an alltime high. Bullion markets are doing well, with Gold and Platinum hitting all time highs, on the back of a weak dollar. The US stock markets were up today after WALMART [...]
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