TAG | Stock
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Buffett and Munger won’t buy Facebook stock
No comments · Posted by Crazy Pennys in Stocks News
Facebook kicks off its highly anticipated IPO road show Monday, but two men who won’t be taking the pitch — legendary investor Warren Buffett and his 88-year old co-pilot Charlie Munger.
Business and financial news – CNNMoney.com
U.S. stocks moved higher for a second straight day Thursday as investors continued to recover from a modest pullback at the start of April.
Business and financial news – CNNMoney.com
U.S. stocks ended a quiet session lower Tuesday as investors found little reason to push the market up given the strength of the recent rally.
Business and financial news – CNNMoney.com
Digging into Berkshire Hathaway’s portfolio to see what Warren Buffett has been buying lately — and to gain clues as to what the world’s most successful investor really thinks about the markets and economy — has become a bit of a national pastime.
Business and financial news – CNNMoney.com
Can the market sustain its rally, or will prospects of a Greek default shatter investors’ risk appetite? Those are the key questions on investors’ mind ahead of a three-day weekend for the U.S. markets.
Business and financial news – CNNMoney.com
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Tesla stock plunges 20% following exec departure
No comments · Posted by Crazy Pennys in Stocks News
Shares of electric car maker Tesla Motors fell nearly 20% Friday after the company announced the departure of a top executive. Ricardo Reyes, Tesla’s vice president of communications, said in a statement Friday that Peter Rawlinson, Tesla’s vice president and chief engineer, “has decided to step away to tend to personal matters in the UK.” Nick Sampson, who supervised vehicle and chassis engineering, also left the firm earlier this month, Reyes added. Tesla’s Model S, billed as “the first premium sedan to be built from the ground up as an electric vehicle,” is scheduled to hit the market in the middle of this year. Sampson “had fully transitioned off the Model S at the time of his departure,” Reyes said. Tesla shares were flat for most of the day Friday before plunging in the afternoon following the news. The company went public in June 2010, pricing shares at each and raising 6 million. It closed Friday at .79 after opening at .40, though it began to make up some of those losses in after-hours trading.
Business and financial news – CNNMoney.com
Netflix CEO Reed Hastings’ stock options have been cut in half for 2012 following a disastrous year.
Business and financial news – CNNMoney.com
A broad rally lost steam during the final minutes of trading, but stocks still ended sharply higher Wednesday as investors welcomed the latest plan to recapitalize European banks.
Business and financial news – CNNMoney.com
U.S. stocks rallied for a third straight day Thursday, as investors turned optimistic, following the European Central Bank’s latest policy measures aimed at boosting liquidity in the European banking system.
Business and financial news – CNNMoney.com
21
Stock rally fizzles as investors turn cautious
No comments · Posted by Crazy Pennys in Stocks News
Stocks erased most of the day’s gains Tuesday, with the Nasdaq and S&P 500 turning negative as investors turned cautious amid the uncertainty surrounding Greece’s debt issues and ahead of the Fed’s interest rate decision.
Business and financial news – CNNMoney.com
