Word: nasdaq
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...report." Indeed, now that the Dow has almost completely erased the sobering slide that began March 11, the rest of the market seemed today to have to caught a euphoria that Kadlec called "incredible." Yields on 30-year Treasury bonds fell to 6.99 percent, the lowest in a month. NASDAQ rose 25.60 and AMEX was up 6.83; the S&P was up 21.09. And at the New York Stock Exchange, home of the Dow, advancing issues outnumbered decliners by nearly a 4-to-1 margin. "Normally, the markets would have waited until next week's monthly unemployment numbers," Kadlec said...
...Greenspan specifically linked his concerns to recent reports showing unexpected strength in such areas as retail sales and job growth, which has many convinced he's ready for an increase. Stocks fell on the announcement, but not by all that much -- the Dow finished down 57.40 points, while the Nasdaq actually reversed its recent slide -- because most analysts had been expecting the move. Other economists said Greenspan would be making a mistake to raise rates, noting new trade figures showing January's overall deficit the worst since 1992. The trade gap with China alone jumped 41 percent to $3.7 billion...
...heady era. Overnight it felt as though so many aspects of life were changing: cremation became a thing of the past as franchised DNA storage-facility stocks became the afterworld darlings of NASDAQ; the cost of most medicines fell to the price of a Mars candy bar; and meat became much tastier. Lawyers experienced what can only be described as a renaissance as all dimensions of law--particularly entertainment, copyright, conveyance, deeds and titles--underwent profound rethinking...
...decision to seemingly fire Hickey might make sense if Harvard had slipped a point on NASDAQ. But Harvard is a "non-profit" corporation and, as such, cannot offer stock. Harvard has the means to continue paying for Hickey's employment without batting an eye. It should reward a worker like Hickey, not punish him for being loyal. And it certainly shouldn't bemoan its own poverty as justification for spurning Hickey and his peers...
Investors, however, have felt some back pain. The stock (RUBB) opened on NASDAQ at $5, yet closed last week at $3.75. Revenues through the third quarter ($1.97 million) nearly tripled last year's, but GABR lost $1.62 million. Still, Zanker is plunging ahead, selling franchises that cost between...