Volatility started picking up in the last few sessions, and now that a downbeat Federal Reserve Chairman Ben Bernanke has made another round of stimulus all but certain, traders are taking notice that things aren’t nearly as go…
Stocks closed mixed Friday as Google’s strong earnings lifted tech stocks but mounting concern over the foreclosure crisis and a revenue miss from GE weighed on financials and the broader market.
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Seagate Technology (STX) surged in premarket trading after saying that it received an indication of interest about going private.
Seagate, which makes hard disk drives and storage products, gained 20.96% to $15.35 a share at 6:19 am, from Thursday’s closing price of $12.69.
The company said Thursday that it is in discussions with the party that indicated interest. Seagate has…
Continue reading Seagate Shares Jump as It Considers Going Private
Seagate Shares Jump as It Considers Going Private originally appeared on DailyFinance on Fri, 15 Oct 2010 06:37:00.
Filed Under: Company News, Technology, Stocks in the News, Market News
The nation’s second-largest bank by assets said third-quarter income rose 23% to $4.4 billion, or $1.01 a share. While investment and retail banking revenue slipped, JPMorgan was able to set aside less money to cover bad loans,…
On his Mad Money show last week, Jim Cramer encouraged viewers to add short-term trading to their portfolios. But how can an investor determine with certainty when a stock has “flown too high” and when to buy it back?
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