Tag: share

  • Stocks Plunged on Debt Debate

    Stocks plunged Wednesday with no end in view to political sparring over raising the debt limit and economic data that only heightened uncertainty about the recovery.  The Dow Jones industrial average fell 198.75 points, or 1.6 percent, to 12,302.55.  The S&P 500 fell 27.05 points, or 2 percent, to 1,304.89. The Nasdaq composite fell 75.17…

  • Stocks Ended Lower on Debt Fears

    U.S. stocks closed lower Tuesday on mounting concerns lawmakers would fail to ink a deal that would prevent a U.S. debt default, and disappointment over some companies’ earnings. The Dow Jones Industrial Average dropped 91.50 points, or 0.73%, to 12,501.30. The S&P 500 fell 5.49 points, or 0.41%, to 1,331.94. The Nasdaq Composite lost 2.84…

  • Stocks Waver as Debt Talks, Data in Focus

    U.S. stocks opened mostly lower on Tuesday as investors continued to monitor the ongoing debt talks in Washington and ahead of the Conference Board’s Consumer Confidence Index for July. The Dow Jones Industrial Average lately fell 77.12 points to 12,515.68. The Standard & Poor’s 500 Index fell 5.18 points to 1,332.25. The Nasdaq Composite Index…

  • Street Ended Off on Debt Standoff

    U.S. stocks fell Monday, but benchmark indexes finished above the session’s worst levels as traders weighed the prospects for an agreement over the U.S. debt ceiling limit and the potential for a government debt default. The Dow Jones industrial average dropped 88.36 points, or 0.70 percent, to 12,592.80. The Standard & Poor’s 500 Index  fell…

  • Stocks Opened Sharply Lower on Debt Worries

    Stocks opened sharply lower on Monday as talks to raise the debt ceiling hit another stalemate and the threat of a U.S. rating downgrade and potential default intensified. The Dow Jones Industrial Average lately fell 117.46 points to 12,563.70. The Standard & Poor’s 500 Index shed 11.30 points to 1,333.723. The Nasdaq Composite Index declined…

  • Advanced Semiconductor Engineering Inc. (NYSE: ASX)

    Advanced Semiconductor Engineering (ASE) helps chip makers wrap up production. The company is one of the world’s leading providers of semiconductor packaging services; it also designs and manufactures interconnect materials and provides front-end and final chip testing services through its subsidiary ASE Test. The company provides electronic manufacturing services through Universal Scientific Industrial (USI), and…

  • Stocks Open Mostly Off as Caterpillar Weighs

    U.S. stocks struggled Friday as Caterpillar’s profit missed estimates. The Dow Jones Industrial Average lately fell 57.59 points to 12,666.82. The Standard & Poor’s 500 Index was down 4.491 points to 1,339.31. The Nasdaq Composite Index was off 1,339.31 point to 2,834.26. Caterpillar Inc.’s second-quarter earnings surged 44%, but fell short of views, as machinery…

  • Stocks Ended up on Earnings and EU Greek Deal

    U.S. stocks closed sharply higher Thursday, lifted by strong quarterly earnings results, and a plan by European Union leaders to broaden their financial aid package for Greece. The Dow Jones Industrial Average closed up 152.50 points, or 1.21%, to 12,724.41. The S&P 500 gained 17.96 points, or 1.35%, to 1,343.80. The Nasdaq Composite added 20.20…

  • Understanding P/E Ratio

    The P/E ratio (price-to-earnings ratio) of a stock is a measure of the price paid for a share relative to the annual net income or profit earned by the firm per share. It is a financial ratio used for valuation: a higher P/E ratio means that investors are paying more for each unit of net…

  • Stocks Gained after Data, Earnings

    U.S. stocks were rising in early trading on Thursday, after the government reported initial jobless claims rose 10,000 to 418,000 last week and Morgan Stanley reported better-than-expected earnings results. The Dow Jones Industrial Average lately climbed 94.15 points to 12,666.06. The Standard & Poor’s 500 Index gained 11.25 points to 1,337.09. The Nasdaq Composite slid…