NEW YORK (Reuters) - Wall Street faces stiff headwinds in the week ahead, the fate of Citigroup largest among them, that stand in the way of building on Friday's big rally and preventing November from winding up as one of the worst months for stocks on record.
Results 1 - 10 of 1914 for "HEAD"
Filed under: Forecasts, Politics, Recession, Financial CrisisOne of the ironies of public officialdom is that those elected officials who deal with budgets and tax policy rarely fully grasp the economic sea changes when they occur in the nation. Whether it's due to habit, tunnel vision, groupthink, arrogance, ignorance, surrounding yourself with sycophantic staff, or some combination, congressi...
Shares of computer-assisted design software maker Autodesk (ADSK) hit a new 52-week low of $12.45 today before closing down over 14%, or $2.45, at $14.37, after the company last night said it is seeing slowing in its U.S. business and “headwinds” globally. The stock was downgraded today by Robert W. Baird & Co. from “Outperform” to “Neutral” and by Kaufma...
The market traded in a wide band before surging ahead late in the session Friday, a rally that coincided with reports New York Fed leader Tim Geithner is likely to be nominated as the next secretary of the Treasury. Frank Curzio discusses the day in The Real Story (video above).
U.S. stocks rally on report President-elect Barack Obama would nominate Timothy Geithner to be the nation's Treasury secretary.
As is perfectly normal these days on Wall Street, stocks traded in a wide band before surging ahead late in the session Friday, a rally that appeared to coincide with reports that New York Federal Reserve leader Tim Geithner is likely to be nominated as the next secretary of the Treasury.
Gap beat the Street in Q3 due to smart planning. Other retailers would be advised to follow suit.
Filed under: Microsoft (MSFT), Wal-Mart (WMT), Gap Inc (GPS), NIKE, Inc'B' (NKE)Today's late rally tied to breaking news of President-elect Obama's naming Timothy Geithner as Treasury Secretary for the next administration, but there was also an end of week bargain-buying hunt. Today was also options expiration. Whatever the real determination was, at least it was not yet another miserable day o...
This is what a bottoming process in the stock market looks like. Unfathomable twists, where a market that had given up 14% of its value in four days can rebound in the span of an hour on the barest thread of clarity related to the incoming presidential administration. By and large, those in this industry still gainfully employed are exhausted. They’ve watched the invention of a series of ...
CHICAGO (Reuters) - President-elect Barack Obama on Friday moved toward nominating Timothy Geithner as Treasury secretary and charging the respected head of the New York Federal Reserve with helping pull the United States out of an economic nosedive.