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Features
- When Does a Dead Cat Bounce? - Editor, 29 August 2008 - No Comments yet
- Volatile Market Defies Old-Favorite Investment Strategies - Editor, 25 August 2008 - No Comments yet
- BATS Trading Receives National Securities Exchange Green Light From SEC - Editor, 20 August 2008 - No Comments yet
- Olympic Games Fail to Boost China’s Embattled Stock Market - Editor, 15 August 2008 - No Comments yet
- Investors Attracted to U.S. Stock Market - Editor, 12 August 2008 - No Comments yet
- Transaction Processing Reduced To Microseconds - Editor, 6 August 2008 - No Comments yet
- Bristol-Myers Squibb Makes $4.3 Billion Buy-Out Bid for ImClone - Editor, 1 August 2008 - No Comments yet
Stock exchange traders have developed a vocabulary that is very often only understood within the finance industry. Talk of bulls and bears and dead cats bouncing can be mystifying to outsiders. While a bull and bear market is fairly readily understood, what does “dead cat bounce” mean?
The volatility of the market since October 2007, and more specifically during the past few weeks, has vividly illustrated that investor favorites of the past can no longer be relied upon and a varied investment portfolio is the wisest way to go. Many analysts have had to adjust their views as it has become apparent that the global market is not immune to the woes of the U.S. economy, oil prices can be dramatically influenced by changes in demand, and small-cap funds, which are generally avoided in tough times, are turning out to be a good investment choice.
BATS Trading Inc. has been given the green light by the U.S. Securities and Exchange Commission to operate as a registered national securities exchange. In the relatively short period of time that BATS has been operating, it has shown that it is a force to be reckoned with. With its newly acquired status, BATS is set to give NASDAQ OMX and NYSE Euronext some stiff competition.
In 2001 when Beijing was awarded the privilege of hosting the Olympic Games there was no doubt in anyone’s minds that, with the eyes of the world upon them, China’s authorities would go to great lengths over the following years in order to boost its economy and strengthen its infrastructure. With the games in full swing, clearly China has achieved its objective of presenting a world-class event. The upbeat and optimistic mood surrounding the Olympic Games has, however, not carried over to China’s stock market, which is continuing in its downward trend since it reached a peak in October 2007.
Many asset management companies are adjusting their client’s portfolios to get the best out of the current trend which sees the U.S. stock market outperforming the global market for the first time during this decade. Moreover, U.S. exposure to the emerging market has declined, while exposure to U.S. stocks has climbed.
In the fast-moving 21st century world of technology, what is considered state-of-the-art today could be redundant tomorrow. Information technology has dramatically altered the way many sectors do business, and this certainly holds true for the stock exchanges of the world, as can be seen by the fact that transaction times are starting to be measured in increments of microseconds.
In an effort to regain its prominence as a leading manufacturer of oncology-related drugspharmaceutical corporation Bristol-Myers Squibb (BMS) has approached biotechnology company ImClone Systems Incorporated with an offer to purchase the portion of ImClone that BMS does not yet own for the amount of $4.3 billion. BMS delivered the written offer, which works out at $60 per share, to ImClone’s chairman, Carl C. Icahn on Thursday 31 August while at the same time completing a U.S. regulatory filing.
Recent Videos
- Video: Recap: Ken Lewis Speaks - Thursday 20 November 2008, 9:16 pm
- Video: Final Word - Market Close 11.20 - Thursday 20 November 2008, 8:59 pm
- Video: In-Depth Look: Growth of ETFs - Thursday 20 November 2008, 8:44 pm
- Video: Sector to Watch: Technology - Thursday 20 November 2008, 8:34 pm
- Video: Bipartisan Agreement Reached for Automaker "Bridge Loans" - Thursday 20 November 2008, 7:36 pm
Recent Articles
- Fannie Mae Faces Possible De-Listing From NYSE - Editor, Wednesday 19 November 2008
- U.S. Automakers Dilemma And Citigroup Job Cuts Negatively Impact Markets - Editor, Tuesday 18 November 2008
- G-20 Summit Agrees On Direction For Dealing With Global Financial Crisis - Editor, Monday 17 November 2008
- G20 Summit Aims For Agreement On Global Finance Regulations - Editor, Friday 14 November 2008
- U.S. Stocks Slump As Treasury Bailout Plan Changes Direction - Editor, Thursday 13 November 2008
Recent Comments
- 29 April 2008, 03:23 am: By Dhan - Take This Financial Planning Gift Horse...
- 25 April 2008, 12:58 am: By asiaconsult - The ‘No Comment’ Clue to Mortgage...
- 24 April 2008, 02:21 am: By Investa - How Your Financial Planning Can Benefit...
- 23 April 2008, 04:56 am: By Mint - A Stock on Which You Can Bank










