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Tag Archives: Stock
Zerohedge: The Reality-Is-Perception Gap
With retail stocks surging on the back of the any-minute-now recovery (justified by the might of the Federal Reserve printing press), we thought it perhaps useful to consider just how great things are in the retail sales space. Given the non-stop … Continue reading
Apple shares fall further; down 7.7 percent in extended trade
UPDATE 1: Apple down 8.59% (5:40 PM EST) UPDATE 2: Apple down 10.12% (5:45 PM EST) Apple Inc missed revenue expectations for the third straight quarter after sales of its flagship iPhone came in below Wall Street’s targets, driving its shares … Continue reading
Hong Kong shares slide to two-week closing low, China weak
The Hang Seng Index shed 0.5 percent to 19,963, closing below the 20,000 mark for the first time since Aug. 6. “It’s a given that earnings for Chinese companies are going to be bad, but the prospects for recovery are … Continue reading