Archive for March 28th, 2012

Market Snapshot: U.S. stocks drop as global growth fears percolate

March 28, 2012

U.S. stocks fall sharply as investors dump energy and other stocks closely tied to global growth, after a disappointing report on durable-goods orders and as quarter-end moves add an additional layer of volatility.

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Stocks End Lower on Global Fears; Banks Gain

March 28, 2012

Stocks eased off their worst levels but still finished lower Wednesday, led by materials and energy, amid worries over weakness overseas.

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After Hours: Red Hat shares climb in after hours trading

March 28, 2012

The software maker’s shares reported quarterly results that outstripped Wall Street’s projections, prompting a climb in its shares Wednesday evening

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Oil’s bad day weighs on stocks

March 28, 2012

U.S. stocks dropped about 0.5% Wednesday, in part dragged down by the energy sector and oil prices.

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U.S. stocks drop; Caterpillar digs hole in Dow

March 28, 2012

U.S. stocks ended broadly lower Wednesday, weighed by a report on long-lasting orders that fell short of expectations, quarter-end profit taking and some lingering worries about global growth.

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Google: Citi Pounds The Table; Boosts Target To $750

March 28, 2012

Google shares got a boost Wednesday from Citigroup analyst Mark Mahaney, who repeated his Buy rating on the shares while lifting his target price to $750, from $680. "GOOG shares are flat year-to-date, materially underperforming the S&P 500," he points out in a research note. "A series of overhangs related to [...]

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STOCKS FALL AND COMMODITIES GET CREAMED: Here’s What You Need To Know

March 28, 2012

Sentiment turns sour.

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Daily ETF Roundup: CMF Creeps Higher, EWZ Drops After Durable Goods Data

March 28, 2012

Bearish pressures prevailed on Wednesday as major equity indexes on Wall Street fell victim to profit taking after a less-than-stellar durable goods data release. The Dow Jones Industrial Average led the …

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Market Snapshot: U.S. stocks drop, curbing weekly gains

March 28, 2012

U.S. stocks fall sharply as investors dump energy and other stocks closely tied to global growth, after a disappointing report on durable-goods orders and as quarter-end moves add an additional layer of volatility.

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Daily Wrap: March 28, 2012

March 28, 2012

Stocks fell into negative territory today, led by materials and energy shares. On the economic front, durable good orders rose 2.2 percent, according to the Commerce Department.  That increase was less than economists expected but still an improvement over a sharp drop in January.  Meanwhile, the Mortgage Bankers Association is reporting [...]

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