US Market Summary for December 14

General-Electric

Following acquisition news announced by General Electric Co (NYSE:GE) and Dell Inc (NASDAQ: Dell), the main indices in the United States ended the trading day with different results. Compellent Technologies, Inc (NYSE:CML) will be purchased by Dell Inc for around $960 million in cash. The sale is slated to be finalized near the start of [...]

3M Biggest Decline in the Dow Jones Due to Sluggish Projections

3M Biggest Decline in the Dow Jones due to Sluggish Projections

The 3M Company (NYSE:MMM) had the biggest decline among all companies at the Dow Jones Industrial Average (INDEXDJX:.DJI) following a sluggish sales increase for 2011 compared to the current year. According to the company, the sales volume might have an increase of between 5.5 to 7.5 percent by 2011, which is way below the 14 [...]

US Stocks (DJI,INX,IXIC) Closed Mixed on Tuesday

The major U.S. equity indices closed mixed Tuesday after President Barack Obama and Republican leaders reached an agreement on tax cuts, as well as allowing for extra time for unemployment benefits. Oil prices reached above $90 per barrel for the first time in over two years, leading analysts to believe prices may hit above $100 [...]

The Dow Jones Industrial Index Increase by 2.6 Percent for the Week

The Dow Jones Industrial Index Increase by 2.6 percent for the Week

Friday saw a rally in the afternoon pushing indexes higher. The Dow Jones (INDEXDJX:.DJI) increased by 2.6 percent by the end of the week, which is the highest since November 5 The correlation between stocks and the dollar is noticeable, stocks increase as the dollar decreases, Michael Sheldon said. This is evident among businesses which [...]