Investing guide

Oil’s big decline fails to excite Wall Street

Sat, 26 Jul 2008 00:05:00 +0000

Worries about financial stocks will dominate next week’s market. But crude’s big fall has started to ease the pain at the gas pump. Techs enjoy a big rally, but auto stocks slide. New-home sales and durable goods orders aren’t as bad as expected.

Oil’s 15% decline fails to excite Wall Street

Fri, 25 Jul 2008 22:15:00 +0000

Dow up 21; falling oil drops gasoline to $4

Fri, 25 Jul 2008 20:45:00 +0000

As oil falls, retail pump prices drop 11 cents in eight days and may hit $3.75 a gallon by Labor Day. Techs enjoy a solid rally, but the overall market ends with only a modest gain because of weak financial and auto stocks. New-home sales and durable goods orders aren’t as bad expected.

SEC Emergency Action Freezes Assets of Unknown Purchasers in Insider Trading Scheme

Fri, 25 Jul 2008 19:19:25 +0000

The Securities and Exchange Commission today filed an emergency action to freeze the assets of one or more unknown purchasers of the call options for the common stock of DRS Technologies, Inc. and American Power Conversion Corp., alleging that they reaped more than $3 million in profits by engaging in illegal insider trading through an account with UBS AG prior to public announcements related to acquisitions of those companies.

Stocks move higher as crude falls

Fri, 25 Jul 2008 16:10:00 +0000

Crude oil drops under $125. New-home sales and durable goods orders aren’t as bad expected. Washington Mutual shares drop again. Juniper Networks earnings jump. Crocs shares drop by nearly half on a weak forecast. Honda profits rise.

Isa delays: Cash Isa chaos explained

Fri, 25 Jul 2008 11:50:19 +0000

The UK’s cash Isa industry has all but ground to a halt: we explain why and what you can do with your Isa cash, and invite you to tell us your experience

Why millions are just 11 days from ruin

Fri, 25 Jul 2008 08:25:26 +0000

More than a third of adults could survive financially for only 11 days if they were to lose their job or be too ill to work

I’m hoping for one last push higher

Fri, 25 Jul 2008 03:01:00 +0000

We see if some retail picks can help out. But, despite Thursday’s rout, I’m happy with my performance. It has been a tough, tough market.

5 big losers in the banking crisis

Fri, 25 Jul 2008 03:01:00 +0000

These financial companies have suffered serious, long-term damage to their businesses. They may not be going under, but their futures look grim.

Aggressive strategy wins the round

Fri, 25 Jul 2008 03:01:00 +0000

Vad Yazvinski uses an active combination of shorts and long positions to win this round of Strategy Lab. But all 6 of our players more than held their own in a very difficult market.