Word: done
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...what Wall St. likes most of all. It did better than expected in the last reporting period and said it would do better than people anticipated in the future. Now Wall St. gets to re-evaluate Apple. RIMM, which is among the lesser branded competitors in the field, has done fine even in a downturn. Even if the recession has been deepening, businesses and consumers are willing to pay for something that they need, or something that they want very badly. A Blackberry is a status symbol of sorts. It is certainly a device which has utility. The iPhone shares...
...plan to resuscitate the global economy has been well-received. American banks are being helped by government financing and new accounting rules that let them cook their books without being called to task by their auditors. Bank stocks have done well and the news about the sector may be good enough for them to hold their ground...
...tech because it now represents such a huge part of the national GDP and the market caps of companies like Microsoft (MSFT), HP (HPQ), Cisco (CSCO), and Intel (INTC) make up such a significant part of the weighting of the S&P. For the most part, tech has done as well or better than the broader market over the last month...
...last of the really large sectors that has helped the market move is, improbably, the retail sector. Shares in companies including Sears (SHLD), Nortstrom (JWN), and Target (TGT) have done remarkably well. The only explanation is that the funeral preparations for these companies were so far along at the beginning of the year that Wall St. is shocked that they are still around. If consumer spending bounces even an inch off the ground, the largest retailers may live to see the 2009 holiday season. (See pictures of TIME's Wall Street covers...
...largest, is energy. Exxon's (XOM) market cap is $347 billion. That may be more than the top ten banks in America combined. It is more than the total for Microsoft and Cisco with some to spare. As a group, Exxon, BP (BP), and Conoco (COP) have not done well during the rally. The simpleton's answer as to why that is true is that the price of oil is too low and that oil stocks trade with the price of oil. Since oil firms have complex structures that combine sales from exploration and refining, not every company...