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Stock Market News

 

Relevant News In The Stock Market

 

5-8-2008...Oil reached a new record high and gasoline is pushing $4 per gallon. This is likely to pressure the stock market and could create inflationary pressure forcing mortgage rates to rise.

5-4-2008...The stock market could be under pressure ad Microsoft has withdrawn from negotiations to purchase Yahoo.

4-28-2008...The stock market is expected to rally on news that Tracinda Corporation will offer up to $8.5 for up to 20 million shares of Ford Stock.

4-21-2008...Bank of America reported a decline in earnings that set the market in a tailspin. Most major banks have now reported Q-1 earnings and the market overall has been receptive to the news.

4-1-2008...The stock market started the second quarter on a positive note. Many investors believe the credit markets are improving and results from UBS are suggesting many firms have reached the bottom of write downs.

3-24-2008...The stock market got a lift after J.P. Morgan agreed to raise their bid for bear stearns to $10 per share, up from their previous $2 bid.

3-17-2008...The stock market is reeling from news that Bear Stearns will be acquired for pennies on the dollar. The company valued at over 20 billion less than one year ago will be sold for less than two hundred and fifty million.

3-14-2008...The stock market received some grave news this morning as BearStearns reported they would have to borrow money directly from the Fed, through J.P. Morgan as liquidity issues left them with no other options.

3-10-2008...The stock market is firmly entrenched in decline mode. Trading below 12,000 for the first time in the last twelve months, fears of economic slow down are carrying through the market.

3-4-2008...Ben Bernanke sent the stock market tumbling with his concern that the U.S. mortgage industry will struggle to survive in wake of the foreclosure challenge it is facing.

2-19-2008...The stock market turned south as the price of oil topped $100 per barrel for the first time. Oil prices have risen over 10% in the past two weeks.

2-14-2008...Ben Bernanke rattled the markets with acknowledging that the economy is struggling and fears that the credit and housing markets will be slow to recover.

2-11-2008...The stock market received some bad news out of AIG one of the countries largest insurance companies regarding how it is valuing its derivatives.

2-9-2008...The stock market will be digesting more news from the Yahoo/Microsoft proposed merger as the board of directors from Yahoo is expected to reject Microsoft's offer.

2-5-2008...The stock market suffered one of its worst one day declines after a report out of the manufacturing industry showed further signs the economy was slowing down.

2-1-2008...The stock mark could rally today on news that Microsoft is attempting to purchase Yahoo in a hostile takeover bid.

 

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