On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.
Facebook posted second-quarter earnings in line with Wall Street’s expectations: a mere 12 cents per share.
Despite a global economic slowdown and some recent ups and downs, Wall Street’s seen steady gains thru the first half of the year. As we enter the 3rd quarter, starting July 1st, there are still […]
President Barack Obama inherited one of the most depressed housing markets in U.S. history especially in Florida. As he starts his re-election campaign, Floridians are saying he still hasn’t done enough to help them or punish Wall Street.
The cultural phenomenon that is Facebook is set to hit the stock market this week looking for $100 billion. But, results from a new Associated Press-CNBC poll found Americans aren’t exactly sold on investing in the social media empire.
Movie star Michael Douglas might be the FBI’s newest and most famous turncoat.
“I’m not a doctor, but I play one on TV” is one of the most famous lines ever from a television commercial. Now, we have a public service announcement that should begin with “I’m not an inside trader, but I play one on film.”
With Wall Street having one of its’ best weeks in years, and the Dow flirting with new record yearly highs almost every day, you might think local consumers are feeling a little bit better about […]
Investors got a New Years’ boost out of the latest U-S Economic indicators showing solid gains for construction spending and manufacturing.
Investors got a New Years’ boost out of the latest U-S Economic indicators showing solid gains for Construction Spending and Manufacturing. And that’s all it took to trigger a solid rally on the opening day […]