Tag Archives: stock market

Today’s stock market dive happened because the Obama administration backs Planned Parenthood, says Pat Robertson. “We will pay dearly as a nation for this thing going on. And possibly if we were to stop all this slaughter the judgment of God might be lifted from us. But it’s coming, ladies and gentlemen. We just had a little taste of it …

PayPal is an independent company once again. At $46.6 billion, PayPal would have a greater market capitalization than that of eBay, whose value will shrink to around $34 billion, according to data compiled by Bloomberg. PayPal will begin trading on the Nasdaq under the ticker “PYPL,” returning to its roots under the same ticker it had before it was acquired …

“While other companies are choosing to remain neutral in the culture war, Target is going all out to support homosexual marriage. This is a company whose leaders make a mockery of marriage. They make a mockery of God’s Word – and every Christian in this nation should let Target know it is out of step with the majority of Americans …

The IPO was priced at $26 and at this writing the stock has climbed to $45.

The number of American millionaires rose by 16% in the last year. Via New York Daily News: Blazing stock market gains pushed more bank accounts past the $1 million mark last year. The number of millionaires around the globe reached 13.8 million by the end of 2012, up from 12.6 million in the prior year, according to a report by …

One tweet and 330,000 followers.

After a long string of highly-publicized cyber attacks on high-profile Twitter accounts, today’s was doubtlessly the worst so far. The AP’s communications team quickly tweeted from its own account that the main AP Twitter was compromised, but investors had already panicked. The Dow Jones industrial average immediately plunged by more than 140 points.  And there it is: After years of …

More evidence of the Obama economy: Stocks edged higher on Thursday as the S&P 500 rose just above its record closing high, a level that has acted as a significant resistance point in recent weeks. The S&P 500 had been stuck in a fairly tight range, having traded within 10 points of the October 2007 record closing high of 1,565.15 …

Gothamist reports: There are multiple reports of flooding across the city due to the storm surge from Hurricane Sandy that is now upon the city. There have been reports of people trapped and cars floating in the middle of the streets. We’ve also received reports that many subway lines throughout the city have been flooded as well. The city has …

And insurance company stocks drop. Details.

539% to be exact.

When graffiti artist David Choe spray-painted a mural on the walls of a brand-new company called Facebook, he accepted stock options in lieu of cash. That may have been a $500 million decision.

And it will be a whopper. The online social network Facebook was to file for a $5 billion public stock offering with U.S. securities regulators Wednesday, several news outlets reported. The filing — half the $10 billion most analysts earlier estimated — is a starting point Facebook has said could ultimately value the company at $75 billion to $100 billion. …

The stock market reacted strongly yesterday to a report that Kodak may be about to declare bankruptcy. The ailing photography pioneer’s shares fell to a new all-time low after the Wall Street Journal reported that Kodak is preparing for a bankruptcy filing “in the coming weeks” should it fail to sell a trove of 1,100 digital-imaging patents. Analysts have said …

PC Magazine: The threat to “erase” the NYSE from the Internet was not explained, though in comments on the YouTube video, some speculated that Anonymous was planning a Distributed Denial-of-Service (DDoS) attack on the public-facing NYSE.com website, similar to DDoS attacks the group has used to take down websites in the past. Others felt that would only be a minor …

Representatives of the National Gay & Lesbian Chamber of Commerce will ring the stock market’s closing bell today in recognition of Pride Month. The market closes at 4pm. For one special day, the National Gay & Lesbian Chamber of Commerce®, NYSE Euronext, NGLCCNY, Members of Congress, other LGBT advocacy organizations, and corporate champions will gather at The New York Stock …