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Small company stocks take limelight as Russell 2000 index climbs above 1,000 for first time
NEW YORK (AP) — Small companies are taking the limelight on a choppy start to the week. The Russell 2000, an index of small-company stocks, rose above 1,000 for the first time Monday. The index is outpacing the Dow Jones industrial average and...Tags: NASDAQ, Financial Markets, Stock Activities, S&P 500, NYSE Euronext, Inc.
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Yahoo takes big leap with $1.1B deal for Tumblr
SAN FRANCISCO (AP) — Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times. The deal announced Monday is Mayer's boldest move since she left...
Tags: Larry Page, Companies and Corporations, Social Media, YouTube, Advertising
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As stocks hit new highs, is the market overheating?
NEW YORK -- Wall Street will be watching Ben Bernanke's testimony before Congress on Wednesday, hoping the Federal Reserve chairman will offer clues as to when the central bank may begin turning off its spigot of easy money. Investors will also be...Tags: Ben Bernanke, U.S. Congress, Central Bank, Federal Reserve, Prices
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Insight: The road to a greener America is littered with road-kill
ReutersLOS ANGELES (Reuters) - In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp. The...Tags: Tesla, Companies and Corporations, White House, Services and Shopping, General Motors Corp.
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XenoPort to drop multiple sclerosis drug, shares fall
Reuters(Reuters) - XenoPort Inc said it would stop development of an experimental multiple sclerosis treatment it planned to launch in 2015 after a late-stage trial failed to show significant improvement over a placebo. Shares of the company fell 26 percent...Tags: NASDAQ, Environmental Issues, New Products, Trials, Acorda Therapeutics Incorporated
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Acciones EEUU operan con pocos cambios, acuerdos entregan algo de soporte
ReutersPor Leah Schnurr NUEVA YORK, mayo 20 (Reuters) - Las acciones estadounidenses operaban con escasas variaciones el lunes aunque algunos acuerdos de compras daban cierto soporte a los inversores, reticentes a salir a comprar en momentos en que los índices...Tags: Ben Bernanke, Financial Markets, Nasdaq Composite, S&P 500
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Chesapeake Energy hires Anadarko executive as CEO
Reuters(Reuters) - Chesapeake Energy Corp on Monday named a top executive at rival Anadarko Petroleum Corp to head the No. 2 U.S. natural gas producer, which has suffered a governance crisis and liquidity crunch over the last year. Chesapeake hired Robert...Tags: Board of Directors, Companies and Corporations, Aubrey K. McClendon, Carl Icahn, Upstream Oil and Gas Activities
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Wall Street heads higher, led by small-company stocks; Russell index crosses 1,000
NEW YORK (AP) — The stock market is edging higher in midday trading, led by small-company shares. The Russell 2000 index of small company stocks crossed 1,000 points for the first time Monday. It's up 18 percent this year, more than other major...Tags: Financial Markets, Pharmaceuticals, Stock Activities, S&P 500, Chemical Industry
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US STOCKS-Futures little changed after records, acquisitions eyed
Reuters* Yahoo's board approves $1.1 bln Tumblr acquisition -WSJ * Actavis to acquire Warner Chilcott in stock-for-stock deal * Futures off: Dow 5 pts, S&P 0.9 pts, Nasdaq 2.25 pts NEW YORK, May 20 (Reuters) - U.S. stock index futures were little changed in...Tags: NASDAQ, Social Media, Nasdaq Composite, Financial Markets, Prices
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Unclear whether Fed's bond buying has helped economy: Fisher
Reuters(Reuters) - While the Federal Reserve's accommodative policies have boosted stocks and helped the rich, it is unclear whether they are doing enough for the broader U.S. economy, a top central bank official said on Monday. "We've made rich people richer.....Tags: New Products, Ben Bernanke, Central Bank, Bonds, Labor Markets
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Futuros de acciones EEUU, mercado atento a adquisiciones
ReutersPor Rodrigo Campos NUEVA YORK, 20 mayo (Reuters) - Los futuros de las acciones de Wall Street caían el lunes en medio de pocas transacciones y después de que los principales índices bursátiles estadounidenses cerraron el viernes su cuarta semana...Tags: NASDAQ, Nasdaq Composite, S&P 500
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US futures subdued as investors weigh gains, how much further bull market has to run
NEW YORK (AP) — U.S. stock futures are relatively flat as investors take a breather and some analysts wonder how long the bull-market run can last. Dow Jones industrial average futures are down 7 points to 15,308. The broader S&P 500 is down less...Tags: Ben Bernanke, U.S. Congress, Federal Reserve, S&P 500, Money and Monetary Policy
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