This Blog is also available as an RSS Feed


  • Wal-Mart Tops Fortune 500 - 5 June 2014
  • First published in 1955 by Fortune magazine, the Fortune 500 ranks the top 500 privately held and publicly traded companies in the United States by gross revenue. Created by Fortune editor Edgar P. Smith, the report only lists companies that make their revenues publicly available, and gross revenue excludes excise taxes incurred by individual companies. In addition to the Fortune 500 list, Fortune magazine also compiles the Fortune Global 500, Fortune India 500, 40 under 40, and Fortune 500 Computer Software and Information Companies. Initially the Fortune 500 was restricted to companies in the manufacturing, mining and energy exploration sectors, but in 1994 the magazine included service companies, resulting in 291 new entrants on the list, three of which were counted in the Top 10 – Wal-Mart Stores Inc., AT&T Corp., and Sears, Roebuck & Co.

  • Second Quarter Results Boost Facebook Shares - 25 July 2013
  • Facebook continues to redeem itself with investors after its much-publicized, debated and, some might say disastrous, IPO in May 2012. The company's second quarter results reveal that Facebook continues to increase its overall user base, with its mobile users increasing by 51 percent over the last year. It's this market that Facebook has been focusing on for advertising, clearly with much success. Of Facebook's $1.81 billion in revenue, $1.6 billion came from advertising, being an increase of 61 percent from last year. Up to 41 percent of the advertising revenue came from mobile devices. The balance of the revenue was derived from payments (most notably game payments) and other fees. Facebook shares climbed by 19 percent in afterhours trading on Wednesday night, closing at $31.81, which is still below the May 2012 price of $35.

  • Facebook Has Positive First Quarter - 2 may 2013
  • Facebook's first quarter results released on Wednesday revealed that its monthly active users rose by 23 percent compared with the same period in 2012. This puts active Facebook users at 1.11 billion, with up to 751 million users accessing the network from mobile devices. An average of 665 million users visited the world's number one social media platform every day in the month of March. First quarter revenue totaled $1.46 billion, reflecting an increase of 38 percent over last year's $1.06 billion.

  • Tech Companies Lift Dow Jones to Five-Year High - 24 January 2013
  • Technology companies were the driving force behind the Dow Jones industrial average reaching a five-year high on Wednesday, closing at 13,799.33 after rising 67.12 points (0.5 percent). Solid fourth quarter earnings were posted by both Google and IBM late Tuesday, surprising many investors who expected tech companies to battle to meet targets at the end of the year. Buoyed up by sales of software services to Russia and Brazil, members of BRICS, IBM's results exceeded expectations and the tech giant was the Dow’s top mover, gaining $8.64 to close at $204.72. The company also increased its earnings outlook for 2013. Google rose $38.63 to close at $741.50 after reporting higher earnings than anticipated.

  • HP Results and Outlook Disappoint Investors - 4 October 2012
  • Wednesday on Wall Street saw the three major US stock indexes – the Dow Jones industrial average, Standard and Poor's 500 and Nasdaq composite – lift initially, buoyed up by stronger-than-expected data from ADP and the economy's service sector. But the significant gains were cut by sharp drops in Hewlett-Packard's shares following the report on company earnings and earnings outlook by CEO Meg Whitman, and Wall Street ended the day only modestly higher. Friday's employment numbers are the next big market mover investors will be waiting for, while the economic situation in Spain is also causing waves in global markets, with Wall Street not being immune to its effects.

  • Quantitative Easing – Economic Recovery’s Latest Buzzword - 21 October 2010
  • Leading up to the Federal Reserve's November 2-3 meeting, at which economic stimulus measures will be high on the agenda, the concept of 'quantitative easing' as a means of encouraging economic growth is garnering its fair share of both critics and supporters. Quantitative easing had been used by the Fed earlier in the current economic crisis, but with limited success. Aptly named QE2, a second round of quantitative easing seems likely to be put into place in which the US central bank will buy up (mostly toxic) assets from banks in an effort to pump money into said banks. The banks in turn can lend this money to businesses, allowing the businesses, in turn, to increase their labor force, thereby channeling money to consumers, boosting consumer spending and jumpstarting the economy.

  • BP, Goldman Sachs, United & Continental Feature in Week Ahead - 3 may 2010
  • The upward swing of the market over the past two months, with the Dow enjoying its longest run of positive performance in six years, was brought to an end last week. Heading into the month of May, there varying opinions among stock market investors as to whether the market is entering bear territory, or if this is a minor setback that will be resolved in the coming week.

Bookmark and Share

jalith: need the information how to start invest in stock market... Team: Thank you for visiting We do not represent the South Pacific Stock Exchange, so pl...

milika: Can you please give me the listed companies that are in SPSE for my assignment purpose because it is...

bob: you make loud boasts , but can you show me the opening and closing of the market indexs in South Ame...

kennedy edahdike: with a dynamic emerging global power,a bouyant stock market is a sine qua non for develpoment,the po...