Markets around the world had their best week in more than 2 years following a coordinated move early in the week by central banks to cut borrowing costs for banks. The jobs reported late in the week also gave investors confidence that the U.S. economy will avoid another recession. And finally signs that Europe is [...]
Despite the market rally earlier today, there are some stocks getting hit pretty hard today by investors. These stocks include Research In Motion (NASDAQ:RIMM), Big Lots Inc. (NYSE:BIG), Universal Corp. (NYSE:UVV), Gran Tierra Energy Inc. (AMEX:GTE), Canadian Solar Inc. (NASDAQ:CSIQ) and Eastman Kodak Co. (NYSE:EK). Research In Motion (NASDAQ:RIMM) is down 8.67% today at $16.97. [...]
Stocks have held onto their early gains in midday trading as the unemployment rate surprisingly fell to 8.6% and rumors swirl about the IMF playing a bigger role in Europe’s debt crisis. The drop in the unemployment rate to 8.6% made it the lowest it has been in more than two years. It is being [...]