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The slowdown in developed markets is having an adverse impact on export oriented and transnational companies. There is no doubt that the world economic outlook has turned unfavourable.
HOUSTON, Dec 5 (Reuters) - Shares of Chesapeake Energy Corp fell to the lowest level in at least five years on Friday, still reeling from last week's announcement that the U.S. natural gas company may issue 50 million shares, which prompted investor worries about liquidity and share dilution.
Dec. 5 (Bloomberg) -- The following companies are having unusual price changes in U.S. trading . Stock symbols are in parentheses, and share prices are as of 10:20 a.m. in New York.
(RTTNews) - After experiencing a late-day sell off in the previous sessions, stocks have continued to move lower over the course of morning trading on Friday, as investors respond to disappointing employment data and some negative corporate news.
(AP:NEW YORK) Shares of Cubist Pharmaceuticals Inc. retreated from longtime highs Friday after an Oppenheimer analyst downgraded the stock, saying the company may hurt its value with distracting licensing moves.
Dec. 5 (Bloomberg) -- The following companies are having unusual price changes in U.S. trading today. Stock symbols are in parentheses, and share prices are as of 9:40 a.m. in New York.
Dec. 5 (Bloomberg) -- U.K. stocks declined after a larger - than-expected drop in U.S. payrolls reignited concern a global economic slowdown is gathering pace. Energy producers tumbled as crude slumped to the lowest in almost four years.
See who made what calls.
Dec. 5 (Bloomberg) -- The following companies may have unusual price changes in U.S. trading today. Stock symbols are in parentheses, and share prices are as of 8:35 a.m. in New York, unless otherwise specified.
(AP:NEW YORK) Shares of Cubist Pharmaceuticals Inc. retreated from longtime highs in premarket trading Friday after an Oppenheimer analyst downgraded the stock, saying the company hurt its value with distracting licensing moves.
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