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May 19, 2011
That comes at a time when the commodities markets are at their most volatile in years. many analysts expect that kind of volatility could work in glencores favor. they priced their shares in the middle of the quoted range, hoping to see an early rise. its actually falling, down by 1.82%. just a few moments ago, the stock was down almost 2% coming in at 538 pence per share. its now down by 1.8%. not as bad. actually the opposite from what theyre expecting, andrew. >> yes, interesting sign of the ...
May 19, 2011
>> the dow bounced back from three days of losses wednesday and tech stocks got a nice boost, following solid results from computermaker dell. at the close, the dow rose 80 points, the s&p 500 and nasdaq also posted gains. shares of dell rose more than 5%. the companys quarterly earnings nearly tripled. even though personal computer sales slumped. that was offset by strong corporate demand. ill prices jumped more than 3%, closing above $100 a barrel, after a weekly oil inventory report showed ...
May 19, 2011
aftershocks, japan enters recession for a third time in a decade. as industrial output freefalls and consumers hold on to their cash. and the crumbling foundations of a failed property market. well look at the wreckage left behind by irelands housing crisis. facing multiple charges of sexual assault in the united states, the managing director of the international monetary fund has resigned. dominique strauss-kahn tendered his resignation just a few hours ago in a letter to the imf....