J.P. Morgan Profit Drop Threatens Bank-Stock Rally J.P. Morgan dampened the New Year rally for bank stocks, saying on Friday that its fourth-quarter profit fell 23% from a year ago amid a sharp slowdown on Wall Street.
Archive for January 13th, 2012
Two Transport Stocks Struggle At Buy Points
Stocks dropped on Friday, snapping a four-day winning streak, after news reports that Standard & Poor’s would downgrade credit ratings on several euro-zone countries.
It’s the age of high unemployment, economic uncertainty … and monochromatic silent movies. Strange as it may seem, the world now bears more than a passing resemblance to the 1920s, not just thanks to …
Stocks Fall Friday, But Up For Week; Panera Bread Rises 2%
After wild price swings that left investors bewildered and not a cent richer last year, stocks are rising again, and calm has settled over the market like blue skies after a storm.
The December search data from comScore is out and new Yahoo! (NASDAQ: YHOO – News) CEO Scott Thompson’s challenge became a little larger as Microsoft ‘s (NASDAQ: MSFT – News) Bing passed Yahoo into second place …
Comeback Efforts Improve; Stocks On Track For Weekly Gains