Falling gas prices: A blessing and a curse
Oil prices are falling once again, and relief at the gas pump is likely on the way too.
Tech investors weigh in on HP
Hewlett-Packard’s investors woke up Friday to a 20%-plus loss after the tech giant announced drastic changes in its business strategy.
Stocks begin to push higher
U.S. stocks turned modestly higher in late-morning trading, after an initial sell-off, as concerns about Europe’s debt crisis and the future of the U.S.
TSX firms as golds rally (Reuters)
Reuters – Toronto’s main stock market index firmed on Friday morning, following the previous session’s 3 percent drop, as fears of another U.S. recession and a financial crisis in Europe were offset by a jump in gold-mining shares as bullion prices hit a new high.
Euro debt crisis: ‘No solution in sight’
European leaders are under intense pressure to come up with a long-term solution to the debt problems straining the European Union to its breaking point.
HP plummets 23% to six-year low
Shares of Hewlett-Packard tumbled Friday morning following the company’s announcement that it is seeking to spin-off its PC division and will kill off the hardware line it built around Palm’s webOS.
US stock futures sink on debt, recession jitters (AP)
AP – U.S. stock futures are sinking as economic jitters and uncertainty about Europe’s finances fuel another day of selling around the world.
Stocks headed for more losses
U.S. stocks were headed for another day of losses Friday, as worries of a global slowdown and Europe’s debt crisis sparked a second sell-off in global markets.
World stocks plunge on growing recession fears (AP)
AP – Global stocks slid again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe’s debt crisis, which is stoking acute fears over the continent’s banking sector.
World stocks plunge on growing recession fears (AP)
AP – Global stocks slid again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe’s debt crisis, which is stoking acute fears over the continent’s banking sector.