Word: marketed
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Dates: during 2000-2009
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...data files, talking, texting, going online, and even watching video. But, the phone companies don't seem to think consumers and business users will be satisfied by the way their networks operate now. Their next generation of technology will be about ten times faster than the one in the market today. (Read "25 People to Blame for the Financial Crisis...
...expensive to consumers. Maybe most people think video looks fine in standard definition. As CNET recently wrote, movies on Blu-ray disks can cost about twice what a regular resolution DVD does. The backers of Blu-ray and HD DVD each spent billions of dollars to win a market which may not even exist, at least not at the size they thought it would...
Stocks sent an unsettling message today, with the Dow Jones Industrials closing below the market low set back in November 2008. The Dow had dipped below the November low earlier in the week but finished the day higher. Thursday's close below the November low is to some a confirmation of the market's bearish trend, implying lower prices ahead. The Dow index, which finished the day at 7465.79, is down 10% over the last eight trading days, and is also at a new five-year low. (See the top 10 Dow Jones drops of all time...
...market analysts agree on the significance of today's market signal. "I follow the S&P 500 because that's where the money is," says Phil Roth chief technical analyst at Miller Tabak in New York City. "And there the index is still about 4% above its November low." Even so, Roth believes Thursday's Dow drop and its new low-water mark will make the next few trading days anxious ones. "It's important psychologically," he says, noting that negative sentiment has kept buyers at bay, and today's technically significant drop could make them even more skittish. Days...
Financial stocks were a big drag on Thursday's market - banks fell 6.6%, led by Bank of America's 14% decline. Real estate-related sectors were also sharp decliners, with home construction stocks falling 9%. Both sectors, finance and housing, are at the heart of the goverment's efforts to address the financial crisis. On February 10 Treasury Secretary Timothy Geithner unveiled a multi-pronged plan for troubled banks, and on Wednesday President Barack Obama announced a $275 billion program to stem foreclosures and support the housing market. Today's stock market action suggests investors are still in doubt about...