Stocks | Spain Stocks Fall Sharply After Moody's Downgrade

May 20, 2012 – 8:54 am
Stocks

MADRID (AP) ” Spanish stocks dropped sharply early Friday morning after ratings agency Moody’s downgraded its credit score of 16 Spanish banks in the latest blow to the troubled financial sector .Moody’s acted late Thursday, citing banks’ load of non-performing loans amid a recession-plagued economy, their trouble raising financing on capital markets and the government’s sovereign debt problems,

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Stocks | Investing In Unloved Stocks Requires Vision, Patience

May 20, 2012 – 7:41 am
Stocks

Hanging out with the wrong crowd can ruin your rep. Or sometimes it elevates your status.The same can be said of certain stocks whose affiliation with a downtrodden sector might lead investors to snub a company that shows fundamental strength and long-term earnings potential. For some investors, stocks that are a little rough around the edges shout possibility. But those buyers must have the risk

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Stocks | Whacking Stocks: Investing Like A Mobster

May 20, 2012 – 7:34 am
Stocks

The stock market has taken an 8 percent hit since early April as the European debt mess boils up again. Sunset Hills money-manager Joe Terril says investor behavior reminds him of a scene in the movie Casino.It’s a mob movie, and a bunch of Mafia chieftains are discussing who might rat them out to the FBI. One guy in question is Andy Stone.NICKY: It’s always better with no witnesses. So, what

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Stocks | Energy Stocks: Chevron Weighs, Energy Stocks Drag

May 20, 2012 – 6:03 am
Stocks

Twelve no-brainer shorts Twelve stocks with broken business models I’ll Have Another wins Preakness Stakes U.S. investors hang on Europe after bruising week G-8 leaders: Recovery still facing

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Stocks | Tech Stocks: With Facebook IPO Sputtering, Tech Stocks Stumble

May 20, 2012 – 5:23 am
Stocks

By Rex Crum , Marketwatch SAN FRANCISCO (MarketWatch) ” Tech stocks ended up closing the week out on a largely negative note Friday as the much-awaited debut of Facebook sputtered and the Nasdaq Composite fell more than 1%. By the time the closing bell rang, Facebook FB +0.61% shares had risen by just 23 cents to close at $38.23. The stock had risen as much as 10% earlier, but trades were volatile

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Stocks | Stocks Drop A Sixth Straight Day

May 20, 2012 – 4:47 am
Stocks

“There was way too much hype with Facebook,” said Philip Orlando, the New York-based chief equity strategist at Federated Investors. His firm oversees about $370 billion. “If it had enjoyed a better move, there would have been some coattails for the broader market. There’s pessimism related to Greece, there’s a G-8 meeting and nobody knows what’s going to come out of

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Stocks | Aust Stocks Continue To Tumble

May 20, 2012 – 3:53 am
Stocks

Australian stocks continued to tumble at noon after local investors panicked over the debt crisis in Europe.Australian shares opened at their lowest level this year and then continued their descent all morning in response to falls on Europe’s main stock markets and the euro hitting a new four-month low against the US dollar.However, Lonsec strategist Michael Heffernan said Australian shares had

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Stocks | Facebook IPO Could Lift Stocks

May 20, 2012 – 2:41 am
Stocks

NEW YORK (CNNMoney) — U.S. stocks were poised for a higher open Friday as investors set aside worries about Europe and turned their focus to Facebook’s debut.Dow Jones industrial average ( INDU ), SP 500 ( SPX ) and Nasdaq ( COMP ) futures were all 0.4% higher. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.Facebook ( FB ), which priced its initial

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Stocks | London Stocks Slip Despite Facebook Fervour

May 20, 2012 – 1:12 am
Stocks

London stocks again ended lower on Friday after nervous trade, despite the fervour surrounding Facebook ‘s stock flotation in New York as concerns over the eurozone prevailed.The benchmark FTSE 100 dropped 1.33 percent to end at 5,267.62 points.Shares on Wall Street briefly bucked the trend amid excitement over the social network’s historic market debut, but later turned lower as the stock

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Stocks | China Solar Stocks Slump Again After U.S. Trade Move

May 19, 2012 – 12:20 pm
Stocks

(Reuters) – Solar stocks slumped to fresh lows on Friday as investors continued to punish Chinese solar companies a day after the United States said it would impose new duties on imports from the world’s leading solar manufacturer.Suntech Power Holdings (NYS: STP – News ) was down 4.2 percent, Trina Solar Ltd (NYS: TSL – News ) slid 5 percent and Yingli Green Energy (NYS: YGE – News ) dropped 7.5

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