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Monday, June 30, 2008. 04:00 am | Markets » U.S. Markets »
by News Team
Citigroup became a candidate for trouble when its stock produced a "double top" in the eight years since 2000.
HOW LOW CAN THEY GO? Ever since the credit crisis began last summer, financial-services stocks have been spiraling down. Just last week, Citigroup plunged to a 10-year low as Goldman Sachs downgraded the stock to Sell.
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![]() ![]() Monday, June 23, 2008. 04:00 am | Markets » Global Markets »
by News Team
Consumption is down in '08 in the 30 member nations of the Organization for Economic Cooperation and Development (OECD), which includes the U.S., Western Europe, Japan and Australia. OECD nations account for 57% of global oil demand.
Further declines in gasoline consumption may follow as drivers opt for more fuel-efficient cars, and as innovations like plug-in cars reach the market after 2010. [MORE]
![]() Monday, June 16, 2008. 04:00 am | U.S. Business News »
by News Team
Google to gain significantly greater revenues ex-TAC and Ebitda from search-share gains at Yahoo's expense over the next few years.
The deal is structured as a "nonexclusive" partnership that allows Yahoo and other third parties to serve text ads alongside search results at the company's discretion. [MORE]
![]() Monday, June 09, 2008. 04:00 am | Markets » U.S. Markets »
by News Team
The S&P 500 index still hasn't surrendered more than half of its recent gain.
That question has worried investors since the stock market's recent peak on May 19, when the Standard & Poor's 500 index began to struggle -- after having pulled off a 12% rally from its mid-March low.
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Business Quote of the Day
The man who does not work for the love of work but only for money is not likely to make money nor find much fun in life.
- Charles Schwab
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