Forums: Stock (geology)

Eastman Kodak Co., a vanguard name in photography, finally filed for Chapter 11 bankruptcy Thursday following falling sales and rising speculation about its ability to stay afloat. The long-anticipated announcement came after weeks of early eulogies about the faded glory of the former trailblazer, once an American mainstay with products such Kodachrome photographic film and Instamatic cameras. But printed photos seem well on their way to becoming a hipster curiosity as digital technologies -- which originated at Kodak decades ago -- now dominate on smartphones and, to a shrinking degree, cameras. The company, which was also exposed to heavy foreign...

Notre Dame football legend "Rudy" charged in alleged pump-and-dump stock schemeUpdated: Friday, December 16, 2011, 4:36 PM Daniel Ruettiger, the former walk-on football player at the University of Notre Dame who inspired the 1993 film “Rudy,” agreed to pay $382,000 to resolve U.S. regulatory claims he defrauded investors in his sports-drink company by touting fake taste tests and sales. Ruettiger and 12 others generated more than $11 million in illicit profits by artificially pumping up the stock of Rudy Nutrition, the firm Ruettiger founded, the SEC said in a complaint filed today at U.S. District Court in Las Vegas. The...

(CBS News) Washington, D.C. is a town that runs on inside information - but should our elected officials be able to use that information to pad their own pockets? As Steve Kroft reports, members of Congress and their aides have regular access to powerful political intelligence, and many have made well-timed stock market trades in the very industries they regulate. For now, the practice is perfectly legal, but some say it's time for the law to change.

Stocks head for big losses NEW YORK (CNNMoney) -- U.S. stocks headed for a big drop at Wednesday's open after Italy's key bond rate rose above a critical 7% level -- a sign that Prime Minister Silvio Berlusconi's pledge to step down failed to calm world markets. The Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures fell more than 2%. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET. Berlusconi's departure could come as late as the first week of December, after a final vote on the budget. And...

FTSE, DAX, CAC to Open Sharply Lower Published: Tuesday, 4 Oct 2011 | 1:35 AM ET By: Antonya Allen Assistant Editor, CNBC.com European stocks were expected to open lower on Tuesday after falling to their lowest close in a week on Monday with banking stocks among the biggest losers following an admission by Greece that it will miss its deficit targets for the year. The FTSE [.FTSE 4910.32 -165.18 (-3.25%) ] is called 100 points lower, while Germany's DAX [.GDAXI 5181.08 -195.62 (-3.64%) ] is expected to open 114 lower and the CAC 40 [CAC40 2839.20 -87.63 (-2.99%) ]in France...

DJI 10,808.87 Down -315.97 -2.84%

I am 26 and recently graduated from school. For the past almost 2 years I have been running a 401k with the tiny percentage of money I can afford to put into it with the full expectation that Social Security won't be around when I'm eligible for it, regardless of the fact I've had to pay into it. I find it really scary how many people I know around my age that aren't saving at all. At first my work only offered a regular 401 so I put in slightly above the % for employer matching. Then they offerred a...

Sept. 6, 2011, 9:37 a.m. EDT U.S. stocks open sharply lower; Rule 48 invoked By Kate Gibson NEW YORK (MarketWatch) - U.S. stocks fell sharply Tuesday as worries about European debt and the U.S. economy intensified. The Dow Jones Industrial Average DJIA -2.31% fell 275.26 points to 10,965.00. The Standard & Poor's 500 Index SPX -2.51% shed 29.60 points to 1,144.37. The Nasdaq Composite Index COMP -2.18% declined 56.61 points to 2,423.72. /snip Markets invoked Rule 48 for the open, lifting a requirement calling for price indications that help determine the floor price at the start to smooth trade.

Tuesday's Market Preview Is Not Pretty: El-Erian Published: Monday, 5 Sep 2011 | 1:51 PM ET By: Mohamed El-Erian, CEO and Co-CIO, Pimco To state the obvious, it is shaping up to be a difficult return for U.S. markets after the Labor Day break as European stock plunge and the European Central Bank (ECB) loses some of the control it has been exercising on the Euro-zone's sovereign bond market. The best way to understand what is going on is through the following simplified sequence: banks-sovereigns-policies. Specifically: · Banks stocks led the debacle on European bourses Monday, with drops of some...

Asian markets slammed in global selloff By Yoshikazu Tsuno | AFP – 1 hour 17 minutes ago. Asian stock markets early Friday caught a global selling fever after new warnings of world recession coupled with fears that rapid-fire growth in China is set to slow down. Investors in Tokyo, Seoul and Sydney picked up on the mounting anxiety evident in the United States and Europe, where fresh carnage ripped across the markets on Thursday. "The bears returned aggressively overnight as very disappointing US economic data and fears over the stability of European banks had traders reaching for the sell button,"...