Windsor Genova – AHN News News Writer San Francisco, CA, United States (AHN) – Yahoo Inc.’s 14,100 employees are bracing for retrenchment, possibly at the end of the month, amid reports that CEO Scott Thompson will restructure the company to plug losses. Yahoo insiders quoted by reports point to staff from the products department, public [...]
Posts Tagged ‘news’
Layoffs looms as Yahoo CEO sets restructuring
March 6th, 2012 
admin 
Posted in Stock Market 
Tags: daniel loeb, department, Genova, Inc, nbc exec, news, scott thompson, search engine company, Yahoo 
No Comments »Apple’s market cap surpasses $500 billion
March 1st, 2012 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Apple’s stock market value topped $ 500 billion on Wednesday in what marks a new high for the world’s most valuable company. The $ 500 billion, or half-trillion dollar valuation, puts Apple in extremely exclusive territory. Apple is now one of the [...]
Posted in Stock Market Tags: cap, Cisco, iPad, Microsoft, news, opening bell, stock market value, valuable companies No Comments »Markets dance with new highs as busy week on tap
February 28th, 2012 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. equity markets started Monday at or near post-financial crisis highs, and are gearing up for a busy week ahead. Stocks turned in an impressive week on improved economic data and a new bailout for Greece. Markets ended the week Friday with [...]
Wal-Mart reports more sales but lower Q4 profits
February 22nd, 2012 admin Linda Young – AHN News Writer New York, NY, United States (AHN) – Wal-Mart reported lower profits for the fourth quarter of 2011 despite an increase in sales. Fiscal fourth-quarter profit for Wal-Mart dropped by 15 percent and caused stock shares to drop 4 percent in trading. The world’s largest retailer reported sales rose by [...]
Posted in Stock Market Tags: Mart, news, percent, poor consumers, profit, q4 profits, wal mart stores, wall street expectations, Young No Comments »Questions loom as Europe inks new Greek bailout
February 21st, 2012 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Eurozone finance ministers agreed to a €130 billion rescue for Greece on Tuesday, averting a messy default, by forcing Athens to commit to unpopular cuts and private bondholders to take big losses. The complex deal was inked in lengthy overnight agreements. It [...]
Posted in Bonds Tags: debt, dow jones industrial, dow jones industrial average, euro, financial boundaries, news, rescue, time, troy ounce No Comments »Stocks slightly higher Wednesday on eurozone optimism
February 16th, 2012 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened slightly higher Wednesday following better than expected European economic data and new promises from China to keep buying debt issued by eurozone governments. Just after the opening bell on Wall Street, the Dow Jones Industrial Average rose 10 points, [...]
U.S. stocks open quietly Thursday as focus remains on Greece
February 9th, 2012 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks were little changed on the open Thursday as investors keep a close eye on developments in Greece. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was up 25 points, while the Standard & Poor’s 500 Index [...]
Trading Penny Stocks
January 24th, 2012 admin Trading Penny Stocks What are “penny stocks”? What is penny stock trading all about? Well, a penny stock doesn’t trade for mere pennies these days, although it might trade for less than $ 1 per share. Penny stock trading actually doesn’t have an agreed-upon official definition, but many traders consider penny stocks to be those [...]
U.S. stocks quiet Friday after stronger than expected jobs reports
January 7th, 2012 admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – The U.S. economy gained 200,000 jobs in December, the Labor Department said Friday. But the stronger than expected report did little to goose stocks. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was off 51 points, the [...]
Posted in Stock Market Tags: AHN, dow component, dow jones industrial, dow jones industrial average, economy, gold futures, Labor, news, percent No Comments »U.S. welcomes Japanese government further action on relocation
December 28th, 2011 admin Tejinder Singh – AHN News Correspondent Washington, D.C., United States (AHN) – The United States on Wednesday welcomed the developments as the Government of Japan submitted its environmental impact report for the Futenma Replacement Facility to the Okinawa Prefectural Government according to the Pentagon. Citing Defense Secretary Leon Panetta as welcoming the news, George Little, [...]