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Verizon’s 3Q Profit Takes a Hit (VZ)

October 26th, 2009

Verizon (VZ)
Verizon’s 3Q Profit Takes a Hit
The downturn in the economy has exposed a lot of underlying issues at some of the biggest companies around the world. Some have been forced into bankruptcy as a result of tepid growth and declining sales while others have found creative ways to appear better off than they really [...]

Declines Resume on Wall Street; Dollar Spikes – October 26, 2009

October 25th, 2009

Rising Dollar Hurts Stocks

Stocks slid lower on Monday after a rising dollar hurt commodity prices. Investors erased earlier gains during afternoon trading as shares of energy and material companies started to decline. The Dow Jones Industrial Average inched further away from the 10,000 level and finished the day at 9,867.96. Technology shares fared somewhat [...]

S&P Closes Just Below Record High – May 21, 2007

May 20th, 2007

Market Summary

Major markets closed mixed today, with the S&P closing just shy of it’s all-time record closing high of 1,527.46, after having traded a couple points above the record in the middle of the day. A number of deals helped the markets early in the day, although markets started to dip late in the [...]

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The firms in an underwriting syndicate who were responsible for placing the largest amounts of the issue with investors. Since these firms are the most responsible for a security's successful issuance, their names appear first in the advertisement conveying the details of the security issue, called the tombstone.