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IBD'S TOP 10.(A)
Software, Medicals Lead Sell-Off
1 The Nasdaq, down 4.1% Monday, dropped another 3.3%. Volume declined, but was still heavy. Financial and medical software, chip and ethical drug stocks paced the broad retreat. The S&P 500 slipped 2.1% and the Dow 1.1%. NYSE volume zoomed higher. Smaller stocks also got roughed up, as the S&P SmallCap 600 and Russell 2000 both fell 3.3%. More on B2
GM Led In June; 0% Loans Back
2General Motors' U.S. vehicle sales rose 4.3%, with cars up 2.5% and trucks ahead 6%. But Ford's sales fell 10.6%. Chrysler's slid 3.7%, due to weak fleet sales. Also, GM revived 0% financing plus cash rebates to try to clear dealer inventories of 2002 models. Both Ford and Chrysler followed suit. More on this page
Vivendi Falls On Accounting Fear
3Vivendi fell 21% to 17.76 as French regulators said it tried in Oct. '01 to avoid booking a $1.35 bil loan deal related to a sale of BSkyB shares. Vivendi denied it was cooking the books. The news comes as CEO and Chairman Jean-Marie Messier is headed out. He turned the water utility into a global media giant with pricey acquisitions. Now the debt-laden firm may be broken up.
Tyco, CIT Unit Fall After Poor IPO
- Shakes push Pre-Built down 23%: Negative atmosphere blamed for poor IPO.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) December 3, 2005 700+ words
Byline: Ploy Chitsomboon Dec. 3--The mid-sized contractor Pre-Built Plc saw its shares decline by 23 percent on their debut on the Stock Exchange of Thailand, blaming poor market sentiment. Shares of Pre-Built (PREB) opened at 3.04 baht, 6.46 percent below their initial public offering price of
- North Korea tests Obama; Kim Jong-il spots the president's soft...
- Newspaper article from: The Washington Times May 27, 2009 700+ words
...North Korean dictator plays hardball. North Korea's underground nuclear test and missile...il sees an open hand as a weak one. North Korea is determined to be a nuclear power...States and its allies. America removed North Korea from the list of states that support...
- North Korea Sticks to Rhetoric, Pretends to Ignore Mounting Pressure.
- Newspaper article from: Knight Ridder/Tribune Business News January 9, 2003 700+ words
...With the diplomatic ball in its court, North Korea stuck Wednesday to its long-held game...Tuesday and formally agreed to talk with North Korea, the isolated communist country's...between North and South Korea. What North Korea dismissed as a false rumor is the U...
- North Korea Offer Conditional Talks with U.S.
- Newspaper article from: Knight Ridder/Tribune Business News January 4, 2003 700+ words
...Jan. 4--SEOUL, South Korea -- North Korea offered conditional talks Friday with...dispute. The Bush administration rejected North Korea's proposal, which was similar to...named said a rare news conference by North Korea's ambassador to China outlining Pyongyang...
- North Korea says it will boost its nuclear arsenal.(Knight Ridder Newspapers)
- Newspaper article from: Knight Ridder/Tribune News Service Johnson, Tim October 2, 2003 700+ words
Byline: Tim Johnson BEIJING _ North Korea declared Thursday that it has processed...may unfold in East Asia as a result of North Korea capital city Pyongyang's nuclear ambitions. "(North Korea) successfully finished the reprocessing...
- North Korea defends pursuit of nuclear weapons.(Knight Ridder Newspapers)
- Newspaper article from: Knight Ridder/Tribune News Service Dorgan, Michael September 1, 2003 700+ words
Byline: Michael Dorgan BEIJING _ North Korea on Monday derided U.S. demands that...said in a commentary, according to North Korea's official KCNA news agency. "Unless...Republic of Korea. In a separate blast, North Korea's Foreign Ministry made fun of U...
- Engaging North Korea Was a Failure, Critics Say.
- Newspaper article from: Knight Ridder/Tribune Business News October 18, 2002 700+ words
...Although this week's revelation that North Korea has a nuclear weapons program was seen...pursued a program of nudging and coaxing North Korea into compliance with international treaties...such as uranium. For just as long, North Korea has prevented inspections of key sites...
- North Korea's Blink on Nuclear Standoff Puzzles Observers.
- Newspaper article from: Knight Ridder/Tribune Business News April 14, 2003 700+ words
...Iraq, fear of a second conflict over North Korea's nuclear program abated slightly...lead to a settlement or simply give North Korea more time to maneuver--and possibly...cryptic statement issued Saturday by North Korea indicating its willingness to open the...