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As Apple shares slide, Research in Motion rises

Here’s a tech stock pop quiz: Who has had a better quarter on the stock market? Apple? Or Research in Motion? The answer may surprise you. Apple’s stock, which peaked at more than $700 per share in September, has lost nearly 25 percent of its value. But Research in Motion, due to report earnings Thursday afternoon, has seen its stock more than double its abysmal September price of $6.30 per share. On Thursday morning, the stock was trading at $13.63 a share.

 

Intercontinental Exchange to buy NYSE for $8.2B

NYSE

The New York Stock Exchange is being sold to a little-known rival in Atlanta for about $8 billion, ending more than two centuries of independence for the iconic Big Board. The buyer, IntercontinentalExchange, a 12-year-old exchange that deals in investing contracts known as futures, said Thursday that little would change for the trading floor in Manhattan's financial district.

 

Facebook Makes Nasdaq-100 Debut

Facebook joins the Nasdaq-100 Index, a move accelerated by the departure of Infosys, which is moving to the New York Stock Exchange.

 

Apple's market cap falls below $500 billion as shares keep falling

Apple

Apple's market capitalization fell below $500 billion on Thursday as shares of the world's most valuable listed company continued to slide after suffering their worst one-day decline in nearly four years.

 

Dow up 100 on strength in tech, retail

Stock Market

Stocks extended their climb on Friday, with the Dow Industrial Average gaining over 100 points. Retailers are strong on what is usually the biggest shopping day of the year, with techs and materials also advancing.

 

Major investors to fiscal cliff doomsayers: Chill out

The "fiscal cliff" sounds like a scary place. Headlines about "taxmaggeddon" are flashing on TV screens, next to clocks ticking down to Jan. 1. The Dow Jones Industrial Average has skidded more than 7 percent over the last month, largely due to concerns about the standoff in Congress over how to stop a barrage of tax hikes and spending cuts. But some major investors say the doomsayers are getting too much attention and cliff watchers should relax a bit.

 

Stocks edge higher after upbeat China data

Stocks were higher Monday after last week's steep losses on upbeat economic data from China over the weekend.

 

Stocks edge higher after post-election sell-off

Stock Market

Stocks edged higher in early trading Thursday after a sharp sell-off in the wake of President Obama's reelection.

 

Dow skids 300 points on 'fiscal cliff' worries

Stock Market

Stocks accelerated their post-election sell off across the board Wednesday, triggered by worries over the looming "fiscal cliff" and re-emerging fears over Europe's economy. The Dow fell below 13,000, while the S&P 500 traded under 1,400 for the first time since early September.

 

Wall Street jumps as energy gains hint at Romney upset

Stocks climbed on Tuesday as some investors bet that Republican Mitt Romney could pull off a surprise victory in the presidential vote, citing gains in defense and energy shares.

 

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