In Week #9 (the WIR dated March 3), the yield on the US 10-year Treasury Note had fallen to just 4.48 pct and bondholders were a very happy lot.
Times have never been headier for Boeing. It booked record orders in 2005 and 2006. Its new 787 is scheduled for rollout on July 8 - that's 7/8/07. The Dreamliner, as it is known, is living up to its name. It is the fastest-selling new airplane ever, with more than 500 ordered so far; it is sold out for years to come.
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Shares in most of the nation's big-format stores, including department stores and discounters, slipped Monday as rising energy prices made investors nervous about consumers' willingness to spend in the coming months.
Motorists around the world have been paying more for their gasoline over the past month as falling U.S. stocks of the motor fuel have helped to drive up global oil prices.
Europe has eclipsed the US in stock market value for the first time since the first world war in another sign of the slipping of the global dominance of American capital markets.
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Stocks slid further Wednesday after Federal Reserve Chairman Ben Bernanke appeared to chide investors who may have looked past concerns about inflation following Fed comments last week. The Dow Jones industrials fell more than 100 points
From the article: "European stocks have joined a global sell-off, after concerns about the US economy and mortgage industry hurt markets in Asia and dented Wall Street. The UK's FTSE tumbled 103.4 points, or 1.7%, to 6,057.8. Earlier, Japan's Nikkei index closed 2.9% lower and New York's Dow Jones index ended down 2%."
The Securities and Exchange Commission has taken a step toward combating stock spam, the unsolicited bulk e-mail message that promotes cheap stocks for quick profits, which usually prove illusory.
Warren Buffet is suing an internet stock picks newsletter after it was reported the caricature featured, has a remarkable likeness to him.
From the article: "Research in Motion Ltd. said Monday its chairman is stepping aside as the maker of the popular BlackBerry device restates its results, reducing earnings by up to US$250 million dating to fiscal 2004 due to incorrect dates for stock options grants. The company said Jim Balsillie has voluntarily stepped down as chairman, but will remain as co-chief executive with Michael Lazaridis and will stay on as a director."
Markets in Asia and Europe fell again Monday, extending their slide into a second week as investors worried about a possible global slowdown dumped stocks that had surged in recent weeks.
Japanese stocks fell sharply in early afternoon trading Monday, extending a slide for a fifth day that was sparked by last week's plunge in Chinese and U.S. stock markets.
Wall Street fell sharply in early trading Tuesday, joining a global stock decline on growing concerns about slowing economies in the U.S. and China. Worries that U.S. stocks are about to embark on a major correction fed the drop.
U.S. stocks were lower Friday, as investors weighed recent highs, with few events to provide direction save for a court order that Microsoft Corp. must pay $1.5 billion to Alcatel-Lucent to resolve a patent dispute. "There's not much going on," said Peter Cardillo, chief market economist at Avalon Partners. "But investors are displa
Online stock brokerage E-Trade Financial Corp. said Tuesday it launched a trading platform allowing U.S. clients to buy and sell foreign stocks and currencies on the Internet.
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From the article: "World-leading mobile phone maker Nokia Corp. said Thursday that its net profit rose 19 percent on growing sales in the fourth quarter, beating market expectations. Net profit came to 1.27 billion euros ($1.65 billion), up from 1.07 billion euros in the fourth quarter of 2005. Quarterly sales rose 13 percent to 11.7 billion euros ($15.22 billion), from 10.33 billion euros in the same period a year earlier."
Thanks to Apple CEO Steve Job's iPhone announcement, his company's stock price soared Tuesday,
RESTON, Va. (AP) -- Sprint Nextel Corp. reported Monday that its cell phone business suffered a net loss of 300,000 monthly subscribers in the fourth quarter and that the struggling wireless company will cut 5,000 jobs. The company's stock plunged more than 8 percent after the financial update, which included a 2007 outlook shy of many Wall Street








