It was a wide-ranging week for the stock market, while bond prices kept rising as yields hit new six-month lows. Though volume for the week was low, the daily volume was a bit higher on the down days. So Is Now the Time to Change Your Strategy? The sharp selloff was blamed in part on the comments by a well-known hedge fund manager while others guessed that the ?sell in May crowd? decided to pick the middle of the month to dump their stocks. So is now Is Now the Time to Change Your Strategy? ...
Twitter doesn't have to grow into Facebook for the stock to pay off, Robert Peck says. Shares of Twitter, which are down 50% this year and recently fell below $30 for the first time since last November’s IPO, were up more than 3% at $33.06 before the opening bell Monday. More...
Forget Sanctions Over Ukraine: Russia Scores Massive Gas Pipeline Deal With China China and Russia are set to cement their energy alliance next week with an expected agreement to build a natural gas pipeline between the two nations that would secure a huge new market for the world's largest energy producer and provide a guaranteed energy supply for China's growing economy as both nations face confrontations with the West. The deal, ...
Alibaba IPO: Things You Should Know Alibaba Group Holding Ltd. is a Chinese holding company that recently announced its plans to offer an IPO. This could be the world's largest initial public offering, as analysts estimate that Alibaba could be valued at $150 billion to $250 billion. The lower end of the range would show that the company is as valuable as Facebook while the higher end of the range has a valuation close to that of Walmart. The company is currently the ...
How to make filthy water drinkable Too much of the world lacks access to clean drinking water. Engineer Michael Pritchard did something about it — inventing the portable Lifesaver filter, which can make the most revolting water drinkable in seconds. An amazing demo from TEDGlobal 2009.
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