Posts Tagged ‘Wall Street’
Occupy Wall Street Lifestyle
Many would have us believe that the Occupy Wall Street crowd represent the poor, the downtrodden, the disenfranchised who are are protesting the stinginess of the rich. They are expecting the government to put limits on the salaries of wealthy executives and tax the rich to give to the poor. But a look behind the scenes brings into question the [...]
GM Makes Public Stock Offering: Chinese Ante Up
General Motors made its first public offering since filing for bankruptcy. GM stock began trading on Wall Street again Thursday, signaling the rebirth of the American corporate icon. The stock began an immediate rise in its first minutes of buying and selling, going for nearly $36 per share -- up 6% more than the price GM set for the initial [...]
General Mills Reports 12% Earnings Rise In First Quarter
General Mills Inc reported quarterly sales that missed Wall Street's projections but reaffirmed its full-year profit target, saying growth should accelerate for the remainder of the year. The company's fiscal first-quarter earnings rose 12%, reflecting changes in the value of some of its commodity hedges and higher sales of brands such as Cinnamon [...]
