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SHOBHANA SUBRAMANIAN: Protecting your portfolio when the market is down
Published December 1, 2008, 4:11 pm, Business Standard India
The Dow was worth 20 ounces of gold both in 1929 and 1980, but bottomed at near one ounce of gold in 1932 and 1980. The recent bear market began with the Dow priced near 43 ounces of gold, and is worth less than 12 ounces today, on its way to re-test the 1932 and 1980 lows.
The Big Question: Has the bottom dropped out of the contemporary art market?
Published December 1, 2008, 4:10 pm, Independent
Why are we asking this now? Because the art market is showing sure signs of faltering after six years of boom.
Palm warns on 2Q revenue, shares drop aftermarket
Published December 1, 2008, 4:09 pm, INO News
(AP:SUNNYVALE, Calif.) Palm Inc. said late Monday it expects revenue for its fiscal second quarter to come in below Wall Street expectations and plans to cut quarterly expenses by $20 million.
Malaysian Market Likely To Extend Losses
Published December 1, 2008, 4:09 pm, INO News
(RTTNews) - The Malaysian stock market has finished lower now in back-to-back sessions after alternating positive and negative closes over the last seven trading days.
Business Highlights
Published December 1, 2008, 4:09 pm, INO News
NEW YORK (AP) _ The stock market suffered one of its worst days since the financial meltdown, slicing 680 points off the Dow Jones industrial average to close Monday at about 8,149 as Wall Street snapped out of its daydream of a rally and once again faced the harsh reality of a recession.
Manufacturing index drops to 26-year low
Published December 1, 2008, 4:09 pm, INO News
(AP:WASHINGTON) A gauge of U.S. manufacturing activity that fell to a 26-year low Monday followed similarly weak readings in Europe and China, fueling fears of a deepening global downturn.
If Enron were collapsing today...
Published December 1, 2008, 4:08 pm, ABC 13 Houston
Would the company be alongside other corporate giants in line for a government bailout?
Why Carl Icahn Didn't Buy Enough Yahoo!
Published December 1, 2008, 4:07 pm, Forbes
Yang is heading out, the stock is crazy cheap and the company is profitable. What gives, Carl?
It's official: Recession
Published December 1, 2008, 4:07 pm, Contra Costa Times
n Despite promises from Congress and Treasury, more bad economic news strips market optimism
Asian shares to falter as Wall St slides
Published December 1, 2008, 4:07 pm, Philippine Daily Inquirer
WELLINGTON, Australia -- Asian shares are primed for heavy losses on Tuesday, following another deep sell-off on Wall Street, as economic worries continue to dog equity markets worldwide.
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