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Weakness in the euro and a report indicating investors are still a bit skittish about the markets long-term prospects combined to sink U.S. stocks Wednesday as the Dow Jones Industrial Average shed 139.94 points, or 1.1%, to finish at 12,151.41.
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Beginning Jan. 1, U.S. Savings Bonds will be going digital, saving taxpayers $120 million over the next five years.
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U.S. homes are expected to lose more than $681 billion in value during 2011—and while that sounds like a staggering figure, it is 35% less than the $1.1 trillion lost in 2010, Zillow Real Estate Market Reports said.
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As 2011 draws to a close, many investors are continuing to seek safety, TrimTabs Investment Research said Wednesday. They are socking most of their money into bank savings accounts and bond funds.
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Sometimes it just isnt your year. And 2011 wasn't the greatest of years for some of the world's most iconic companies, particularly for tech firms such as Cisco Systems and HP that have delivered massive returns to shareholders for years.
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Sometimes it just isn’t your year. And 2011 wasn't the greatest of years for some of the world's most iconic companies, particularly for tech firms such as Cisco Systems and HP that have delivered massive returns to shareholders for years. However, comparing these select 30 stocks’ performance against one another over a one-year period is hardly a comprehensive or “fair” method to evaluate each company’s long- or short-term prospects. For the year, the Dow is up just over 6%. They say success has a million fathers but failure is an orphan. Here’s hoping you or your clients were holding a large position in these Dow stocks this year. Also see: The 10 Best-Performing Dow Stocks of 2011
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Eurozone worries contributed to a modest dip in investor confidence in December, according to a State Street analysis.
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The accountant and attorney for the estate of a 104-year-old copper mine heiress who died earlier this year have been under investigation for their handling of their client's finances, and the accountant has now resigned as executor.
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Deutsche Boerse and NYSE Euronext said they have decided to push back the deadline for completing their merger until March 31.
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Everybody loves a winner and if you or your clients held any of these top-performing Dow component stocks in their portfolios this year, theres a pretty good chance they did quite well for themselves in 2011.
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