Tech Trader Daily - Barron’s Online : Sohu Sees Ad Growth Slowdown ::
Jun 20, 2008 Sohu Sees Ad Growth Slowdown In 2009; Stock Slides. Posted by Eric Savitz This is panic selling for temporary fears from investors.
http://blogs.barrons.com/techtraderdaily/2008/06/20/sohu-sees-ad-growth-slowdown-in-2009-stock-slides/HOME |
A weaker than expected national manufacturing report exacerbated slowdown fears on Wednesday, sending blue chip stocks lower for a fourth day.
The Nasdaq led the way this time, shedding 1.4% after the national ISM manufacturing survey came in at 51.2%, still growing, but below 53% estimates. The report overshadowed an ADP employment report that suggested that Friday's jobs report could be strong.
Apple fell on reports about possible competition from Cingular Wireless.
Commvault gained after Goldman Sachs and RBC initiated coverage of the recent IPO. GLOBAL MARKETS-Asia stocks dip on growth fears; oil below $138::
US STOCKS-Drug stocks' slide offsets banks. Market indices 22 July,2008 largely to reflect a sharp U.S. slowdown, according to Japanese broadcaster NHK,
http://money.ninemsn.com.au/article.aspx?id=596927HOME |
Baidu fell 3% after beating estimates but lowering guidance.
Kulicke & Soffa weighed on the chip sector, shedding 5% on a Merrill Lynch downgrade. Plantronics fell 9% on a Bear Stearns downgrade. Japan stocks slide 3% on yen, recession fears - Sify.com::
Japan stocks slide 3% on yen, recession fears. Friday, 07 March , 2008, 08:28 U.S. will tip into a recession or it will be just a temporary slowdown."
http://jaldi.walletwatch.com/movies/fullstory.php?id=14618140&cid=44621HOME |
Newsvine - Stocks slide on recession fears - Feb. 5, 2008::
Stocks tanked Tuesday afternoon, after a report showing a big slowdown in the services sector of the Stocks slide on recession fears - Feb. 5, 2008
http://qacoach.newsvine.com/_news/2008/02/05/1280270-stocks-slide-on-recession-fears-feb-5-2008HOME |
Time Warner slipped 1.2% after missing estimates.
After the close, EDS beat earnings estimates but missed sales forecasts, and the company also raised guidance.
The Nasdaq fell 32 to 2334, the S&P 500 lost 10 to 1367, and the Dow dropped 50 to 12,031. Volume rose to 2.8 billion shares on the NYSE, and 2.18 billion on the Nasdaq. Decliners led 21-11 on the NYSE, and 22-8 on the Nasdaq. Downside volume was 77% on the NYSE, and 81% on the Nasdaq. New highs-new lows were 239-24 on the NYSE, and 106-56 on the Nasdaq.
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 Technical Analysis: Techs Slip Below Support
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