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Stocks tumbled today as Greece and Germany continue to be at odds over resolving the former’s debt crisis, while China said its imports slumped. Agence France-Presse/Getty Images The Dow Jones Industrial Average fell 95.08 points, or 0.5{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, to 17729.21 today, while the S&P 500 dropped 0.4{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} to 2046.74. The Nasdaq Composite … Read entire story.
Source: Stocks to Watch
BloombergAbbVie Board Recommends Holders Vote Against Shire DealBloombergShire Plc (SHP) stock plunged for a second day after AbbVie Inc. (ABBV)'s board recommended that shareholders vote against a 32.5 billion-pound ($52 billion) takeover of the maker of rare-disease treatments, citing a change in tax rules that would …AbbVie board …
Housekeeping note: there will be no article this upcoming Monday (11/27), as I’ll be taking a few days off for Thanksgiving. I hope you all enjoy the holiday. Based on my email inbox as well as discussions at last month’s Bogleheads Conference, Treasury Inflation-Protected Securities (TIPS) are the hottest investment topic right now. There’s something […]
The preliminary reading on the consumer price index (CPI) in Germany this morning revealed utter stagnation. The reading was expected to show a 0.1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} increase in consumer inflation, a dismal reading on its face, but the actual results being lower than this have so far pulled back on the EUR…