Posts Tagged ‘Wall’

Potash Corporation Plans Buyback Of $2 Billion Stock

AHN News Staff Saskatoon, Saskatchewan, Canada (AHN) – Potash Corporation of Saskatchewan announced Tuesday it will buy back $2 billion worth of its stocks from shareholders. The announcement followed Ottawa’s decision to reject a $40 billion takeover of Potash by Australian mining giant BHP Billiton. With the repurchase and cancellation of millions of common shares, […]

Ex-Wife’s “Wall Street” Case Against Michael Douglas Thrown Out

Anne Lu – AHN Entertainment Contributor New York, NY, United States (AHN) – Michael Douglas has temporarily kept his “Wall Street” earnings out of ex-wife’s reach. A judge threw out the case filed by the cancer-stricken actor’s ex-wife Diandra in a bid to get her hands on a portion of his earnings from the blockbuster […]

Cisco Fall Pulls Wall Street Down

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks plunged on Thursday as shares of networking giant Cisco Systems tumbled following its announcement the previous day of lower than expected growth for the year. A 16 percent drop in Cisco shares saw the Dow Jones Industrial Average losing […]

Wall Street Retreats As Investors Turn To Gold

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – U.S. stocks fell slightly on Monday as hedge-seeking investors went for commodities and sent gold prices up to a record high of $1,403 an ounce. The Dow Jones Industrial Average lost 37 points or 0.3 percent to close at 11,407. Boeing […]

Drugmakers Rouse Wall Street

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – Profits from pharmaceutical firms beat a drop in consumer confidence and fueled a rally Tuesday that put Wall Street back into positive territory. The Dow Jones Industrial Average finished with a 46-point or 0.4 percent gain to close at 10,858 with […]

Flint has to reunite HSBC’s board as well as fix relations with shareholders

Oh to be a fly on the wall when the HSBC board meets in Shanghai today. No doubt at least a veneer of civility will be maintained in the boardroom – yet it is now patently clear that the bank’s board is deeply split. View full post on UK Business Stories

Wall Street Pulls Back As Troubled Bank’s Downgrade Weakens Financial Stocks

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – The specter of European sovereign debt returned to Wall Street as Moody’s downgrade of troubled Anglo Irish Bank hit financial stocks and sent the benchmarks falling. The Dow Jones Industrial Average lost 48 points or 0.4 percent to close at 10,812. […]

Tech Stocks Break Wall Street Fall

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – Stocks closed mixed on Thursday with technology shares and lower jobless claims paring down losses triggered by FedEx’s jobs cut plan. The Dow Jones Industrial Average rose 22 points or 0.2 percent to end at 10,595 with Hewlett-Packard leading gainers. The […]

Tech Stocks Break Wall Street Fall

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – Stocks closed mixed on Thursday with technology shares and lower jobless claims paring down losses triggered by FedEx’s jobs cut plan. The Dow Jones Industrial Average rose 22 points or 0.2 percent to end at 10,595 with Hewlett-Packard leading gainers. The […]

Tech Stocks Break Wall Street Fall

Windsor Genova – AHN News News Writer New York, NY, United States (AHN) – Stocks closed mixed on Thursday with technology shares and lower jobless claims paring down losses triggered by FedEx’s jobs cut plan. The Dow Jones Industrial Average rose 22 points or 0.2 percent to end at 10,595 with Hewlett-Packard leading gainers. The […]