MOSCOW, October 29 (Itar-Tass) — Quotations of most Russian companies increased by 0.4-3.0 percent by the end of Monday’s trading session, Prime Tass economic news agency said.
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Cisco shares fall to lowest price in almost two years
Cisco Systems, the biggest maker of computer-networking equipment, fell to its lowest price in almost two years in Nasdaq trading after UBS said a sales forecast for the next quarter may miss analysts' estimates.
Uhoh, Kerkorian wants 5% of GM
Kirk Kerkorian’s Tracinda Corp. wants to purchase a nearly 5 percent stake in General Motors for about $870 million that would boost his stake to almost 9 percent. The news shot GM’s shares 9 percent higher in stock trading. You should know Kerkorian’s name because he sued DaimlerChrysler because he said he was duped into believing in the “merger of equals”. GM has had no comment and Tracinda
RealNetworks Plummets on Guidance and Downgrades
It was a good news/bad news scenario when RealNetworks (RNWK) released numbers last night after the close, and today's trading leads us to believe that investors listened far more closely to the bad ( Read More )
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