31 2007
SAN FRANCISCO (MarketWatch) — News that Kirk Kerkorian’s Tracinda Corp. is taking a 35% stake in Delta Petroleum Corp. gave the market something to talk about Monday, but did not prevent the bulk of the sector from turning slightly lower as investors used the last session of the year to lock in profits.
31 2007
Among the companies whose shares are expected to see active trade in Monday’s session are Delta Petroleum, Macy’s, Merrill Lynch, Philips, and Webster Financial.
31 2007
As 2007 draws to a close, we bid adieu to a volatile year in the stock market, although one that is going to end with an overall gain. The average diversified stock fund this year will post about a 7% return, nothing to write home about given the market’s historical rise of more than 10% per year, but nothing to sneeze at either given we had a virtual meltdown in some sectors of the financial world in the middle of the year.
31 2007
Offering a rare hint of stability, sales of U.S. existing homes rose 0.4% in November to a seasonally adjusted annualized rate of 5 million, the National Association of Realtors reported Monday.
31 2007
The dollar slipped against the yen but managed gains against most major counterparts Monday, in extremely thin trading conditions on the last day of the year.
31 2007
SAN FRANCISCO (MarketWatch) — Gold futures fell on Monday for the first time in six trading sessions as the dollar rose against a basket of other major currencies, reducing values of the precious metal as an investment alternative.
