Word: nasdaq
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Dates: during 2000-2009
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ADRS, RED CHIPS AND H SHARES Some of China's biggest companies, including Guangshen Railroad and Huaneng Power, trade in the U.S. as American Depository Receipts. Ten firms are listed on the New York Stock Exchange, one on the NASDAQ. Other blue chips trade in Hong Kong as H shares or red chips, including telecom operators China Mobile and China Unicom. Among stocks trading in Hong Kong, Theleen especially likes the well-run Hong Kong Shanghai Bank and Li Fung, a service firm helping foreign businesses set up in China...
America's vaunted New Economy is heading south--not just on the NASDAQ but on the map. Despite the global slide in tech profits and stocks, firms like New World Network are betting on Latin America, now the world's fastest-growing market for Internet services...
...every Dell and Cisco, these days, there is a Sun and an AMD, issuing glum earnings outlooks and quietly smothering the newborn tech optimism in its cradle. And the NASDAQ that had posted decent gains Thursday on the it's-gonna-be-OK news from America's bellwether PC producer and router-maker quickly crumbled, shedding its gains dolefully into Friday afternoon. Taken together with job cuts soaring to ten-year highs last month (and that's just the barest taste of the post-disaster economy - the hold at 4.9 percent unemployment for September is the ultimate in lagging indicators...
...gotten to nearly 9200 since Monday's sub-8800 lows, and was up 14 percent since the low, low bottom set at the end of that awful first week of post-attack trading. Not bad, considering the war hadn't yet started and the economic news was unimproved. The NASDAQ had begun to consider the possibility that blue-chip techs had an excellent chance of bouncing back before too long, and despite the "still historically overpriced" tag that hangs on that sector, perceived bargains were starting to leave the shelves...
...wait is almost over. And Michael Jackson is ready to prove the naysayers wrong. The boy in the man is back in the spotlight, with increasingly unconventional promotional events. On his 43rd birthday, Jackson was on hand to open NASDAQ trading. Jackson’s surprise appearance at the 2001 VMAs drew wild applause, and his recent tribute concerts in Madison Square Garden featured an array of celebrities and the much-hyped reunion of the Jackson Five (although his sister Janet, currently on tour, was notably absent). MTV has been airing Jackson’s past hits, while...