30 2007

The week’s top news and analysis, Nov. 26-30

Tag: Markets, General @ 6:58 pm

It was a Kohn-shaped week on Wall Street, at least in part.


30 2007

How to spot signs the housing crisis is nearing bottom

Tag: Markets, General @ 6:58 pm

BOSTON (MarketWatch) — This week’s stock market rally lifted long-suffering financial shares and home-builder stocks and was seen as a heartening sign for the battered housing market, although economists say it’s only the first, uneasy step toward restoring confidence and an eventual turnaround.


30 2007

Tech stocks crawl higher after day-session declines

Tag: Markets, General @ 3:43 pm

SAN FRANCISCO (MarketWatch) — Shares of major technology firms ticked up Friday evening after a tough session during the day, in the wake of a murky outlook from PC maker Dell Inc. that sent its shares sharply lower.


30 2007

Anatomy of a turnaround: looking for the housing crisis bottom

Tag: Markets, General @ 3:43 pm

BOSTON (MarketWatch) — This week’s stock market rally lifted long-suffering financial shares and home-builder stocks and was seen as a heartening sign for the battered housing market, although economists say it’s only the first, uneasy step toward restoring confidence and an eventual turnaround.


30 2007

AbitibiBowater shares surge 20% on output cuts

Tag: Markets, General @ 3:43 pm

NEW YORK (MarketWatch) — Shares of AbitibiBowater closed nearly 20% higher Friday after the world’s third-largest paper maker announced it would cut back its production capacity by about one million metric tons while raising its cost-cutting initiatives 50% to $375 million.


30 2007

Google shows more intent to make foray into wireless market

Tag: Markets, General @ 3:43 pm

SAN FRANCISCO (MarketWatch) — Google Inc. said Friday it plans to bid for rights to airwaves in the government’s auction early next year, confirming speculation the Web search giant has serious intentions to make a pricey foray into the wireless market.


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