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Market sell-offs savage Pittsburgh stocks

2015-08-21 22:05:08| Chemicals - Topix.net

The tumultuous stock market, disappointing earnings news and contract negotiations are combining to wreak havoc with stock prices at several Pittsburgh public companies. The Dow Jones industrial average was down 307 points or 1.8 percent to 16,683.49 by 2:30 p.m. Nasdaq shed 91 points, or 1.87 percent, to 4,786.39.

Tags: market stocks pittsburgh savage

 

Stocks Sink To Fresh Session Lows As Apple, Nike Keep Falling

2015-08-21 21:24:00| Footwear - Topix.net

The Nasdaq slumped 2.3%, while the S&P 500 and Dow Jones industrial average caved 2.1% each. The Nasdaq and S&P 500 have fallen to six-month lows, while the Dow is at its lowest level in nearly 10 months.

Tags: session fresh apple falling

 
 

Hedge Funds Love These 5 Consumer Non-Durables Stocks

2015-08-21 18:07:16| Footwear - Topix.net

With the latest round of 13F filings complete, we've run through the holdings of the more than 700 elite hedge funds and other investment firms that we track and compiled the voluminous data. We've already released a number of reports detailing the results, including lists of the favorite tech stocks and favorite mid-cap stocks of funds as of June 30. This time we'll take a look at the consumer non-durables or consumer cyclical sector, which was led during the last round of filings by Kraft Foods Group Inc. , which was delisted from the NASDAQ on July 1. Therefore, while hedge funds did still have holdings in the stock as of June 30, we've excluded it from this list .

Tags: love consumer funds stocks

 

Fears over China and Greece push down US stocks for 2nd day

2015-08-21 17:44:34| Industrial Machines - Topix.net

U.S. stocks are falling sharply for a second day as investors in major markets around the world head for the exits on growing evidence that China's economy is slowing. The new bout of selling followed news of a survey showing manufacturers on the mainland continue to contract.

Tags: day china 2nd greece

 

U.S. Stocks Fluctuate as Cisco Shares Offset Declines in Energy

2015-08-14 15:30:15| Auto Parts - Topix.net

U.S. stocks fluctuated, a day after equities climbed back from a selloff as concerns over China's economy faded and gains in Cisco Systems Inc. offset declines in energy shares. Cisco Systems rose 3.9 percent as quarterly revenue beat estimates.

Tags: energy shares offset stocks

 

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