Dell warning on spending, oil weigh on Wall Street
Stocks tumbled on Friday as the price of oil rose and a warning by computer maker Dell that companies worldwide are cutting back on technology spending spooked that sector.
August 29, 2008
Wall Street Pounds SiRF on ITC Ruling
In late morning trading today, SiRF stock was trading at $2.33, down 11 cents, or 4.5 percent from the previous day's close of $2.44. On Monday, SiRF's stock opened trading at $2.70, after closing on Friday at $3.13; Monday's close of $2.44 marked a nearly 25 percent drop from Friday's high of $3.24.
YRC Worldwide CEO Establishes 10b5-1 Trading Plan
YRC Worldwide Inc. today announced that Bill Zollars, Chairman, President and CEO of YRC Worldwide, has adopted a stock trading plan in accordance with Rule 10b5-1 of the Securities Act of 1934.
`They call it stormy Monday," bluesman T-Bone Walker used to sing. The treasury-bond market was closed for Columbus Day, and stock trading volume was modest--but that doesn't mean things were quiet Monday on Wall Street. Read more here