December 2, 2008
Nike Shares Approves 2-For-1 Stock Split
Nike Inc. said Thursday its board approved a two-for-one stock split of its class A and class B common shares. The split will be in the form of a dividend payable on April 2 to shareholders of record on March 12.
Shares of Google (GOOG) are still languishing in the red today. The stock has plunged more than three percent and taken out potential support at the 490 level on news that a negative article in Barron's over the weekend that stated that the shares held an "exceedingly rich valuation." This is bad news for GOOG, as the 490 level acted as... more...
Stocks shed 229 points as profit-selling sets in
The selling in part was also attributed to reports of some fresh changes in the risk management rules to protect small investors' interest and restore sanity to stock trading.
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