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Biz Break: Stocks plunge as CES 2015 prepares to kick off
2015-01-06 01:36:33| Energy - Topix.net
Today: Mounting concerns about a plunge in oil prices roils Wall Street, and tech stocks get caught up in downturn even as CES brings waves of Silicon Valley tech invocation to light. Wall Street suffered its worst day in months Monday, as investors continued to be wary of plunging oil prices, and Silicon Valley technology stocks were not immune to the weakness as many showed off new advances ahead of the official kickoff for CES .
First Solar, LifeLock among Arizona stocks taking a beating on down market day
2015-01-05 23:36:07| Semiconductors - Topix.net
The bears were out in force ringing in the new year on the markets, and First Solar Inc. and LifeLock Inc. were among the Arizona stocks that got mauled. The Dow fell 1.86 percent on the day - the first real day when traders weren't on a holiday hangover - and the Nasdaq fell 1.57 percent.
Five Things To Watch For In Retail Stocks This Year
2015-01-05 22:07:21| Apparel - Topix.net
As the U.S. economy improves and lower gas prices free up consumer spending, specialty retailers this year are poised to gain on new management, lower cotton costs and stronger finances, Jefferies said in a research note Monday. Here are its five takeaways for 2015: to buy from hold with a 50 price target and named the stock its best new idea of 2015, citing popularity in the company's Old Navy stores "among fast-fashion, value-oriented consumers."
Dow plunges as oil dips below $50, sinking energy stocks
2015-01-05 21:31:55| Energy - Topix.net
U.S. stocks are opening the year on a strong note, but energy stocks slipped as the price of crude oil res... NEW YORK - US stocks fell sharply Monday, led by declines in energy stocks as the price of oil plunged again. The euro sank to a nine-year low against the dollar as new doubts surfaced about Greece's future in the common currency bloc.
Relief in sight for US energy stocks?
2015-01-05 12:51:00| IT Services - Topix.net
Last year was an ugly one for the US energy sector, and while the first trading day of 2015 pointed to continued weakness in oil, investors are starting to look to when the sector might start to recover. Crude oil prices fell 42 percent in the fourth quarter.
Tags: energy
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