All Posts Tagged With: "market"

Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’

Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’ Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. Normally a big decline would set up Wall Street for a technical rebound.

18May2012 | tobuy | Comments Off | Continued

Market Extra: Facebook IPO’s rocky open to get SEC review

By Carla Mozee and Ronald D. Orol , MarketWatch LOS ANGELES (MarketWatch) — The Securities and Exchange Commission said late Friday it would look into the delayed trading start to Facebook Inc.’s much-anticipated debut after the Nasdaq stock exchange experienced problems getting trade confirmations to brokers. A spokesman for the SEC told MarketWatch that the agency’s staff plans to examine problems at the start of Facebook’s /quotes/zigman/9962609 /quotes/nls/fb FB +0.61% trading, when trades in the massive initial public offering were pushed off by about 30 minutes, to determine its cause and steps that will be taken to address it

18May2012 | tobuy | Comments Off | Continued

IPO Report: Facebook IPO fails to ‘pop’ in rough debut

By Dan Gallagher and Benjamin Pimentel , MarketWatch SAN FRANCISCO (MarketWatch) — The hotly anticipated initial public offering of Facebook Inc. on Friday largely fizzled, as the social network’s debut was racked by technical problems as well as a market-wide selloff that clipped nearly all of the stock’s gains by the closing bell.

18May2012 | tobuy | Comments Off | Continued

Wall Street flat after Facebook IPO fizzles

Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall Street flat after Facebook IPO fizzles US stocks were little changed on Friday, reversing earlier gains after Facebook Inc stumbled in its market debut after a delayed opening. US stocks were little changed on Friday, reversing earlier gains after Facebook Inc stumbled in its market debut after a delayed opening. Shares of the social networking giant were volatile in early trading, falling to near breakeven levels after early gains of more than 10 percent

18May2012 | tobuy | Comments Off | Continued

Sensex, Nifty pare losses; SBI shoots up 4% post Q4 nos

Like this story, share it with millions of investors on M3 Sensex, Nifty pare losses; SBI shoots up 4% post Q4 nos The BSE Sensex and NSE Nifty pared somewhat losses in afternoon trade due to buying interest at lower levels in beaten down stocks. Even country’s largest lender State Bank of India helped the market trim losses as the bank reported higher than expected profit after tax of Rs 4,050 crore. The BSE Sensex and NSE Nifty pared somewhat losses in afternoon trade due to buying interest at lower levels in beaten down stocks.

18May2012 | tobuy | Comments Off | Continued

Holding, creating shorts not advisable: Bhamre

Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Holding, creating shorts not advisable: Bhamre Siddharth Bhamre of Angel Broking explains to CNBC-TV18 that tje fall in the rupee was purely on sentimental grounds and advises investors not to create or hold onto short positions in the market Siddharth Bhamre of Angel Broking spoke to CNBC-TV18 about the prevailing lull in the mood of the traders and that the sharp correction in the markets was due to the extension of the Greek polls by a month to June 17.