LAS VEGAS (AP) — If Congress makes no progress on a national framework for online gambling this session, it won't be for a lack of legislation.
Two lawmakers introduced bills over the summer that would legalize some form of Internet gambling nationwide. Last week, Rep. Jim McDermott, a Democrat from Washington, introduced a bill that would tax federally-sanctioned online wagering.
2. Morgan Stanley third-quarter profit almost doubles - Friday, October 18, 2013
NEW YORK (AP) — Investment bank Morgan Stanley says that its third-quarter earnings almost doubled as the firm's equity sales and trading revenue rose.
THE RESULTS: The bank earned $1.01 billion from July to September after stripping out an accounting charge. That compares with earnings of $560 million year earlier. That profit works out to 50 cents per share before the charge, compared with 28 cents per share in the same period a year earlier. Financial analysts polled by FactSet expected earnings of 40 cents. Analysts generally strip out one-time items.
3. S&P 500 closes further into record territory - Friday, October 18, 2013
NEW YORK (AP) — Investors shifted their focus from politics to profits on Friday and liked what they saw, pushing the Standard & Poor's 500 index further into record territory.
Two days after Congress struck a last-minute deal to keep the U.S. from a devastating default on its debt, investors were bidding up stocks on surprisingly good profits from companies in industries both old and new.
4. Fed now unlikely to slow bond buying before 2014 - Friday, October 04, 2013
WASHINGTON (AP) — The Federal Reserve's decision last month to maintain the size of its economic stimulus was a shocker. Just about everyone expected a pullback in its bond purchases, which have helped keep loan rates low.5. Families hoarding cash 5 years after crisis - Friday, October 04, 2013
NEW YORK (AP) — They speak different languages, live in countries rich and poor, face horrible job markets and healthy ones. When it comes to money, though, they act as one: They're holding tight to their cash, driven more by a fear of losing what they have than a desire to add to it.6. Twitter unseals IPO papers, hopes to raise $1B - Friday, October 04, 2013
NEW YORK (AP) — Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion in one of the year's most eagerly awaited stock market debuts.7. Top Midstate commercial real estate transactions for August 2013 - Friday, September 27, 2013
Top August 2013 commercial real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.8. Stocks drop as investors fret over budget fight - Friday, September 20, 2013
Washington's budget fight jolted Wall Street on Friday, reminding it that the next few weeks could bring a lot of uncertainty.
Investors hate uncertainty, and stocks plunged in afternoon sell-off that wiped out all the gains from rally earlier this week, when the Federal Reserve kept its huge economic stimulus program intact.
9. Events - Friday, September 20, 2013
International Business Council Luncheon. Guest speaker today will be Ted Simmons, senior global brand consultant for Arnold Worldwide. Simmons has worked with Jack Daniel’s Tennessee Whiskey since 1967, helping create one of the biggest and best-recognized worldwide brands. He will be joined by co-presenter Jennifer Powell, senior brand manager for Jack Daniel’s. 11:30 a.m.-1 p.m., AT&T Auditorium, 333 Commerce Street, Nashville. Information: 743-3063, firstname.lastname@example.org. US builders boost single-family home construction - Friday, September 13, 2013
WASHINGTON (AP) — U.S. builders started work in August on the most single-family homes in six months and requested permits to construct even more in future months. The figures suggest housing remains a driver of economic growth despite higher mortgage rates.11. Events - Friday, September 13, 2013
Nashville Area Chamber and Partnership 2020 Annual Meeting. Richard Florida, professor, University of Toronto and senior editor of The Atlantic, will be the featured speaker on Friday. Florida is a nationally known author and speaker who developed the concept of the "creative class," a theory that high concentrations of musicians, artists and other creative occupations fuel greater economic growth in metropolitan regions. Florida’s keynote presentation will focus on Nashville's ability to capitalize on both cultural and regional assets for continued prosperity. 8:30-10:30 a.m., Music City Center - Davidson Ballroom, 201 5th Avenue South, Nashville. Information: nashvillechamber.com, 743-3063.12. Stocks edge higher after encouraging jobs reports - Friday, August 30, 2013
NEW YORK (AP) — Stocks edged higher Thursday after a pair of reports provided more evidence that the U.S. is maintaining a slow but steady economic recovery.
The number of Americans seeking unemployment benefits dropped last week and is near the lowest level since June 2008, the Labor Department said Thursday. Weekly applications are just 1,000 above a five-year low reached last month.
13. Stocks drop for fourth day in a row - Friday, August 16, 2013
NEW YORK (AP) — U.S. stocks dropped for a fourth day in a row Monday as investors continued to express worry about the recent rise in bond yields. Banking stocks also dragged down the broader market.14. Wall Street is having fun, even if you aren’t - Friday, August 02, 2013
Your bankbook feels fatter these days and you sleep better at night.
The market’s back up. Stocks seem healthier. Investors are trading again, and they say that everything you lost in the Great Recession is back where it belongs.15. Toyota top-selling automaker despite China slump - Friday, July 26, 2013
TOKYO (AP) — Toyota shrugged off China sales woes to stay the world's top selling automaker for the first half of this year, outpacing U.S. rival General Motors Co., which boasted such bragging rights for seven decades until 2008.16. Investment banking lifts Morgan Stanley 2Q earns - Friday, July 12, 2013
NEW YORK (AP) — Morgan Stanley says that second-quarter earnings beat analysts' expectations, fueled by gains in its investment bank.17. Earnings gains drive stocks higher on Wall Street - Friday, July 12, 2013
NEW YORK (AP) — Solid earnings gains at major U.S. companies are driving stocks higher in midday trading on Wall Street.
The advance put the Dow Jones industrial average and the Standard & Poor's 500 index back into record territory.
18. Goldman's profit doubles, helped by underwriting - Friday, July 12, 2013
NEW YORK (AP) — Goldman Sachs said Tuesday that its second-quarter profit doubled as the bank underwrote more stock and bond offerings for clients and netted big gains on its own investments.
But investors homed in on the uncertainty of the future, lobbing question after question at Chief Financial Officer Harvey Schwartz about how the bank would deal with potential regulations that could force it to hold more capital, and also how rising interest rates would affect clients.19. Regulators propose stricter rule for 8 big banks - Friday, July 05, 2013
WASHINGTON (AP) — Regulators took a step Tuesday toward requiring eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.
The Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency proposed that banks increase their ratio of equity to loans and other assets from 3 percent to 5 percent. In addition, the banks' deposit-holding subsidiaries would have to increase that ratio to 6 percent.20. Regulators proposing stricter rule for 8 big banks - Friday, July 05, 2013
WASHINGTON (AP) — Regulators want to require eight of the largest U.S. banks to meet a stricter measure of health to reduce the threat they pose to the financial system.
The Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency are expected to propose Tuesday that banks increase their ratio of equity to loans and other assets from 3 percent to 5 or 6 percent.21. US factory activity expands in June, jobs decline - Friday, June 28, 2013
WASHINGTON (AP) — U.S. manufacturing activity grew in June behind a pickup in new orders, exports and production. Better economic growth overseas is boosting U.S. exports and could help American factories rebound in the second half of the year.22. Treasury to sell 30 million shares of GM stock - Friday, May 31, 2013
DETROIT (AP) — The U.S. government plans to sell another 30 million shares of General Motors stock in a public offering on Thursday as it speeds up efforts to divest itself from a stake in the auto giant that it got in a bailout four years ago.23. US manufacturing gauge sinks to June 2009 level - Friday, May 31, 2013
WASHINGTON (AP) — A measure of U.S. manufacturing fell in May to its lowest level since June 2009 as slumping overseas economies and weak business spending reduced new orders and production.
The Institute for Supply Management said Monday that its index of manufacturing activity fell to 49 last month from 50.7 in April. That's the lowest level in nearly four years and the first time the index has dipped below 50 since November. A reading under 50 indicates contraction.24. Hand On Nashville announces new board members, officers - Friday, May 03, 2013
Hands On Nashville’s board of directors has elected new officers to its executive committee and several new members to its board.
Brian Copeland has been elected as HON’s new secretary. Copeland, the chief engagement officer at Village Real Estate Services, joined the board in 2010.25. Top Midstate residential real estate transactions for March 2013 - Friday, April 26, 2013
Top March 2013 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.26. Morgan Stanley profit dips, but beats predictions - Friday, April 12, 2013
NEW YORK (AP) — Morgan Stanley's profit and revenue dipped in the first quarter. Results beat Wall Street's expectations, but the stock still dipped in pre-market trading.27. Slight decline in midday trading on Wall Street - Friday, April 12, 2013
NEW YORK (AP) — Disappointing earnings from a range of companies pushed the stock market lower on Thursday, giving major indexes their third loss this week.
Morgan Stanley, UnitedHealth Group and others sank in Thursday trading after turning in their quarterly financial results. Earnings and revenue dropped at Morgan Stanley as the bank made less money from trading bonds and commodities, a common theme for many investment banks this earnings season. Morgan Stanley lost 4 percent to $20.59.
28. Stocks falter following Cyprus's bailout plan - Friday, March 15, 2013
NEW YORK (AP) — Stocks have closed lower on Wall Street as investors worried that a controversial proposal to seize money from depositors in Cyprus could set off another bout of anxiety over Europe's shared currency.29. Fed says 17 of 18 top US banks have strengthened - Friday, March 08, 2013
WASHINGTON (AP) — All but one of the nation's 18 largest banks are more prepared to withstand a severe U.S. recession and a global downturn than at any time since the 2008 financial crisis, the Federal Reserve says.30. Dow Record: Three tales of ups, downs and changes - Friday, March 01, 2013
NEW YORK (AP) — When the Dow first crossed 14,000, investors were overjoyed. When it closed at an all-time high of 14,253.77 on Tuesday, it wasn't so much a time for celebration as it was for reflection.31. JPMorgan to trim 4,000 jobs, many in consumer bank - Friday, February 22, 2013
NEW YORK (AP) — JPMorgan is trimming about 4,000 jobs, or about 1.5 percent of its work force, becoming the latest big bank to shrink its staff.
The bank said the cuts will be focused in consumer banking and mortgages. Many of the cuts would come through attrition, but the bank will lay off workers as well, a bank spokeswoman said.32. 5 big US banks have cut mortgage debt by $19B - Friday, February 22, 2013
WASHINGTON (AP) — Five of the biggest U.S. banks have cut struggling homeowners' mortgage balances by $19 billion, part of a total $45.8 billion in relief provided under a landmark settlement over foreclosure abuses.33. Butler Snow names practice group leaders - Friday, February 15, 2013
Butler, Snow, O’Mara, Stevens & Cannada, PLLC attorneys Kara Shea and William “Bill” R. O’Bryan, Jr., have been named to leadership positions with the firm.34. Top residential real estate transactions of December 2012 - Friday, February 01, 2013
Top December 2012 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.35. Morgan Stanley climbs after swinging to a profit - Friday, January 18, 2013
NEW YORK (AP) — Profits roared back at the investment bank Morgan Stanley in the fourth quarter, reversing a loss in the same period a year ago, when its results were weighed down by a costly legal settlement.36. Top Midstate residential real estate transactions for 2012 - Friday, January 18, 2013
Top 2012 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.37. Goldman, Morgan Stanley pay $557M in mortgage case - Friday, January 11, 2013
WASHINGTON (AP) — Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.38. Massachusetts fines Morgan Stanley $5M over Facebook IPO - Friday, December 14, 2012
BOSTON (AP) — Massachusetts officials say they are fining investment bank Morgan Stanley $5 million for disclosing a revenue shortfall with analysts and institutional investors but not the general public ahead of Facebook's troubled IPO in May.39. Top Midstate residential real estate transactions for November 2012 - Friday, December 14, 2012
November 2012 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.40. Stocks end little changed after Fed rally fizzles - Friday, December 07, 2012
NEW YORK (AP) — Stocks ended the day little changed Wednesday after a rally prompted by the Federal Reserve's latest economic stimulus program fizzled out.
The Dow Jones industrial average closed down 2.99 points at 13,245.45. It had risen as much as 81 points after the Fed said earlier in the day that it would extend a bond-buying plan and keep interest extremely low.41. Citigroup to eliminate more than 11,000 jobs - Friday, November 30, 2012
NEW YORK (AP) — Citigroup said Wednesday that it will cut 11,000 jobs, a bold early move by new CEO Michael Corbat. The cuts amount to about 4 percent of Citi's workforce of 262,000.
The bulk of the cuts, about 6,200, will come from Citi's consumer banking unit, which handles everyday functions like branches and checking accounts.42. Dow loses 313 in post-election sell-off - Friday, November 02, 2012
Wall Street greeted a second Obama term the way it greeted the first.
Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the election only hours behind them, they focused on big problems ahead in Washington and across the Atlantic Ocean.43. Storm's cost may hit $50B; rebuilding to ease blow - Friday, October 26, 2012
WASHINGTON (AP) — Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.44. Sandy unlikely to damage US economy, analysts say - Friday, October 26, 2012
WASHINGTON (AP) — Airlines canceled thousands of flights and stranded travelers. Insurers braced for damages of up to $5 billion. Retailers expected shrunken sales.
Hurricane Sandy is causing disruptions for companies, travelers and consumers. But for the overall economy, damage from the storm will likely be limited. And any economic growth lost to the storm in the short run will likely be restored once reconstruction begins, analysts say.45. Top residential real estate transactions for September 2012 - Friday, October 19, 2012
September 2012 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.
46. Morgan Stanley shares rise on higher earnings - Friday, October 12, 2012
NEW YORK (AP) — Morgan Stanley shares are up in pre-market trading after the bank reported higher net income and revenue for the third quarter.47. Vikram Pandit steps down as Citigroup CEO - Friday, October 12, 2012
Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.
Pandit's replacement, effective immediately, is Michael Corbat, the current CEO of Citigroup's Europe, Middle East and Africa division, the bank said. Corbat has worked at Citi and its predecessors since he graduated from Harvard in 1983, it said.48. Mortgage comeback? Citigroup isn't so sure - Friday, October 12, 2012
NEW YORK (AP) — Citigroup isn't as enthusiastic as its peers about a comeback in the housing market.
On Friday, executives at Wells Fargo and JPMorgan Chase declared that the long-struggling market had turned a corner. On Monday, Citigroup's top number-cruncher said he wasn't so sure.49. Morgan Stanley facing discrimination lawsuit - Friday, October 12, 2012
NEW YORK (AP) — Morgan Stanley is being accused of discriminating against black homeowners and violating federal civil rights laws by providing strong incentives to a subprime lender to originate mortgages that were likely to go unrepaid.50. Haven Behavioral names new executive VP, COO - Friday, October 05, 2012
Nashville’s Haven Behavioral Healthcare, Inc., a provider of behavioral health care for adults, senior citizens and active-duty military personnel, has hired Scott W. Kardenetz as executive vice president and chief operations officer.51. Free Enterprise Award presented to Baker - Friday, September 28, 2012
J.B. Baker, chairman of the board for Volunteer Express Inc. and owner of Sprint Logistics, LLC and Baker South real estate development, has been awarded the Jennings A. Jones Champion of Free Enterprise Award by Middle Tennessee State University.52. Expectations high for major Fed action Thursday - Friday, September 07, 2012
WASHINGTON (AP) — If the world's investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy.
And many expect the Fed to unleash its most potent weapon: a third round of bond purchases meant to ease long-term interest rates and spur borrowing and spending. It's called "quantitative easing," or QE.53. Morgan Stanley to buy Citi's Smith Barney stake - Friday, September 07, 2012
NEW YORK (AP) — Morgan Stanley and Citigroup settled a dispute Tuesday over the value of the brokerage firm Morgan Stanley Smith Barney, which they jointly own.
The deal clears the way for Morgan Stanley to buy Citigroup's 49 percent interest in the broker, giving Morgan Stanley full ownership.54. US stocks rise ahead of Fed meeting - Friday, September 07, 2012
NEW YORK (AP) — Investors spent Tuesday preparing for two events sure to move markets this week: a Federal Reserve meeting and a court decision on whether Germany can help support its struggling neighbors. And if the stock market's gains Tuesday are any sign, they expect both events to turn out well.55. Bass, Berry & Sims adds Lloyd to firm - Friday, August 24, 2012
Travis Lloyd, formerly an associate in the Nashville office of Bradley Arant Boult Cummings LLP, has joined Bass, Berry & Sims PLC.
Lloyd is joining the firm’s health care practice as an associate and will provide counsel to clients within the health care industry on a wide range of regulatory matters. Lloyd has experience in fraud and abuse analysis, health information privacy and security compliance, healthcare facility licensure and accreditation, and provider enrollment and reimbursement.56. S&P touches highest level since 2008, then falls - Friday, August 17, 2012
NEW YORK (AP) — The Standard & Poor's 500 index touched its highest point in more than four years Tuesday, helped by more talk that the European Central Bank may buy struggling countries' bonds. But a morning rally faded, and stocks ended lower.57. Top residential sales for July, 2012 - Friday, August 10, 2012
July 2012 real estate trends for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.
Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.58. Mighty Mouse: Investors flock to safety of Disney - Friday, August 03, 2012
LOS ANGELES (AP) — These are happy times in the Magic Kingdom.
The Walt Disney Co.'s stock is up 35 percent so far this year, outpacing its media company rivals.59. Candidates look overseas for campaign cash - Friday, July 27, 2012
WASHINGTON (AP) — In the hunt for campaign money, no distance is too far to travel, especially when the race between President Barack Obama and Mitt Romney is tight and likely to stay that way into the fall.60. Morgan Stanley closes a bleak bank earnings season - Friday, July 20, 2012
NEW YORK (AP) — It's tough being a big bank these days.
Morgan Stanley, the storied investment house, reported Thursday that its revenue was down sharply for April through June and its profit missed Wall Street expectations. Its stock was clobbered — down more than 5 percent.61. US stocks slide as crisis in Europe deepens - Friday, July 20, 2012
NEW YORK (AP) — U.S. stocks fell Friday as problems in debt-riddled Europe came to a fore.
It marked the end of three days of gains, the first such streak in more than a month. Google reported higher earnings and rose 3 percent, but that wasn't enough to make the market forget about Europe. Earnings reports for some other U.S. companies were marred by reminders of Europe's troubles and how they are spreading beyond the region's borders.62. Morgan Stanley closes a tough bank earnings season - Friday, July 13, 2012
NEW YORK (AP) — It's tough being a big bank these days.
Morgan Stanley, the storied Wall Street firm, said Thursday that revenue fell sharply in the second quarter, dragged down by dismal results from its investment banking unit. Its net income missed expectations, and its stock dropped sharply.63. US stocks creep up; IBM, other tech stocks rise - Friday, July 13, 2012
NEW YORK (AP) — Strong earnings from IBM and other technology companies nudged the stock market higher Thursday, but a trio of weak economic reports kept the gains in check.
The Dow Jones industrial average rose 19 points to 12,927 shortly after 1:30 p.m. Eastern.64. Top residential real estate transactions for June, 2012 - Friday, July 20, 2012
June 2012 real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.
Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.65. JPMorgan Chase launches rally; Dow closes up 204 points - Friday, July 13, 2012
NEW YORK (AP) — JPMorgan Chase blew away a cloud of concern hanging over the banking industry Friday and set off a rally in stocks. Relieved investors drove up bank stocks, ended a six-day losing streak for the market and sent the Dow Jones industrial average up 204 points, the best day this month.66. All eyes on JPMorgan as banks report earnings - Friday, July 06, 2012
NEW YORK (AP) — It's been a scandal-filled few months for banks.
JPMorgan Chase revealed a $2 billion trading loss, triggering an investigation by the government and hearings in Congress. Then the large banks were implicated in a global dust-up over interest rate manipulation.67. Facebook slides as underwriters issue ratings - Friday, June 22, 2012
NEW YORK (AP) — The Wall Street analysts who know Facebook best are giving the company's stock a mixed review. Think: like, not love.
A flood of analyst reports from the banks that led Facebook's initial public offering gave the company's stock a mix of "Neutral" and "Buy" ratings on Wednesday. The day marks the end of a 40-day quiet period following the IPO, during which the underwriters aren't allowed to issue ratings.68. Moody's sees big banks' risks of 'outsized losses' - Friday, June 22, 2012
NEW YORK (AP) — Moody's Investors Service has lowered the credit ratings on some of the world's biggest banks, including Bank of America, JPMorgan Chase and Goldman Sachs, reflecting concern over their exposure to the violent swings in global financial markets.69. US stocks bounce back; big banks move higher - Friday, June 22, 2012
NEW YORK (AP) — The stock market bounced back Friday, a day after suffering its second-worst loss this year. Bank of America, JPMorgan Chase and other big lenders posted solid gains even though many of them had their credit ratings cut the day before.70. Stocks snap higher on hopes for new Fed action - Friday, June 15, 2012
NEW YORK (AP) — Stocks rose sharply on Wall Street Tuesday as traders turned their focus back to corporate news from the U.S. and hopes that the Federal Reserve will come up with a plan to jumpstart the economy. Banks and materials stocks led the market higher.71. Nasdaq sets aside $40M for Facebook investors - Friday, June 01, 2012
NEW YORK (AP) — The Nasdaq stock exchange said Wednesday that it plans to hand out $40 million in cash and credit to reimburse investment firms that got ensnared by technical problems with trading Facebook stock.72. Dow leaps 286 points, best day of the year - Friday, June 01, 2012
NEW YORK (AP) — The Dow Jones industrial average surged 286 points Wednesday, its best day this year.
The rally started early and gathered force in the afternoon. The charge turned the Dow positive for 2012 and erased the biggest loss of the year less than a week after it happened: the 275-point plunge set off by a dismal U.S. jobs report on Friday.73. Facebook's stock falls below $30 for first time - Friday, May 25, 2012
NEW YORK (AP) — Facebook's stock has fallen below $30 for the first time since its much-awaited public debut this month.
The stock fell $2.40, or nearly 8 percent, to $29.40 in midday trading on Tuesday. That's down 23 percent since its public stock debut. It went as low as $29.23 earlier in the day.74. Facebook shares stabilizing, but probes mount - Friday, May 18, 2012
NEW YORK (AP) — Facebook's initial public offering is the subject of two congressional inquiries and mounting lawsuits as the social network enters its fifth day of public trading.
The shares regained some ground Wednesday, rising $1, or 3.2 percent, to close at $32. They were up another 50 cents, or 1.6 percent, to $32.50 in early premarket trading Thursday. But they are still more than 14 percent below their $38 per share IPO price last week.75. Regulators probe bank's role in Facebook IPO - Friday, May 18, 2012
WASHINGTON (AP) — Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock started trading.76. Where are Facebook's friends? Stock down after IPO - Friday, May 18, 2012
NEW YORK (AP) — Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday.
By late afternoon, Facebook's stock was at $34.26, down 10.4 percent from Friday's closing price of $38.23. The company lost nearly $10 billion of its market value, and is now worth around $96 billion, about $2 billion below Amazon.com Inc.77. Chinese company to buy US movie theater chain AMC - Friday, May 18, 2012
BEIJING (AP) — A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest corporate takeover in the United States to date.78. Market breaks losing streak, with China's help - Friday, May 18, 2012
NEW YORK (AP) — Forget Facebook. This is still Apple's stock market.
Apple — the world's most valuable company — climbed nearly 6 percent on Monday, helping propel major U.S. stock indexes to gains after a week of losses. The Standard & Poor's 500, where Apple accounts for 4 percent of the index, enjoyed its best day in nearly five weeks. The Nasdaq composite index, where Apple accounts for an even heftier 12 percent, notched its biggest gain of the year.79. Facebook boosts size of IPO by 25 percent - Friday, May 11, 2012
NEW YORK (AP) — Facebook says 25 percent more shares will be sold as investors clamor for shares in the year's hottest stock offering.
Facebook said in a regulatory filing Wednesday that about 421 million shares will be sold, up from 337 million under its earlier plans.80. Dimon survives votes on pay, chairmanship - Friday, May 11, 2012
TAMPA, Fla. (AP) — The CEO of JPMorgan Chase survived a shareholder push Tuesday to strip him of the title of chairman of the board, five days after he disclosed a $2 billion trading loss by the bank.81. Facebook raises IPO price as offering nears - Friday, May 11, 2012
NEW YORK (AP) — Facebook on Tuesday increased the price range at which it plans to sell stock to the public, as investor enthusiasm in the offering continued to mount and boost the potential value of the world's most popular social network.82. JPMorgan loss sets off call for heavier regulation - Friday, May 11, 2012
WASHINGTON (AP) — A surprise $2 billion trading loss by a division of JPMorgan Chase triggered calls Friday for tougher regulation of banks three years after their near-death experience in the financial crisis.83. Stock market decline is muted, despite bank slump - Friday, May 11, 2012
JPMorgan's surprise $2 billion trading loss prompted a sell-off in financial stocks Friday, but just small declines in the broader market as investors decided this was a problem for investment banks and not other industries.84. Top residential home sales for March 2012 - Friday, April 27, 2012
Top residential sales for Davidson, Williamson, Rutherford and Wilson counties, as compiled by Chandler Reports.
Chandler Reports has been publishing Real Estate Market Data since 1968. That year, Chandler began collecting residential sales information for the Chandler Residential Report, considered the authoritative source for residential real estate sales information. Over the next three decades, the publications have been continually refined, enhanced and expanded, growing to include lot sales data, new residential construction and absorption information, and commercial sales. In 1987, Chandler Reports began one of the first on–line real estate market data services in the country, and is a nationally recognized leader in the industry. In 2004, Chandler Reports was purchased by The Daily News Publishing Co. In 2007, Chandler introduced RegionPlus, including property research for Nashville and Middle Tennessee. Visit online at chandlerreports.com.85. Oil up to near $103 amid strong corporate earnings - Friday, April 20, 2012
LONDON (AP) — Oil prices rose to near $103 a barrel Friday as strong earnings reports offset signs the U.S. economic recovery remains uneven.
Benchmark oil for May delivery was up $1.62 to $102.70 a barrel at early afternoon European time in electronic trading on the New York Mercantile Exchange. The contract fell 40 cents to settle at $102.27 in New York on Thursday.86. Stocks drop on mixed news on profits, economy - Friday, April 20, 2012
NEW YORK (AP) — A slew of U.S. companies announced big profits Thursday, but investors spooked about the economy sold stocks anyway.
Investors shifted between buying and selling early Thursday, then stuck with selling after deciding that strong earnings results weren't enough to make up for weak reports on jobs, housing and manufacturing.87. US stocks fall after dimmer outlook from Fed - Friday, March 30, 2012
U.S. stocks and Treasury prices dropped Tuesday after Federal Reserve policymakers said they were worried about a slowdown in hiring and appeared to resist buying more bonds to help the economy.
The Dow Jones industrial average was down as much as 133 points after the Fed released minutes of the March meeting of its Open Market Committee, which sets interest rates and monetary policy. It had been down 45 points before the minutes were released.88. Oil falls to near $106 amid Iran nuclear tensions - Friday, March 23, 2012
SINGAPORE (AP) — Oil prices fell to near $106 a barrel Monday in Asia as investors mulled how much the conflict over Iran's nuclear program might disrupt global crude supplies.
Benchmark oil for May delivery was down 44 cents to $106.43 at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.52 to $106.87 per barrel in New York on Friday.89. Stocks bounce around on global economic worries - Friday, March 23, 2012
NEW YORK (AP) — Stocks are bouncing between small gains and losses as investors weigh the prospects of a global economic slowdown even as several U.S. companies report strong earnings.
Oil prices are continuing to march higher, which could hurt consumer spending. A decline in new home sales suggested that the U.S. real estate market hasn't emerged from its slump.90. Nissan not planning Datsun for developed markets - Friday, March 16, 2012
YOKOHAMA, Japan (AP) — Nissan's revival of the Datsun won't include developed markets, Chief Executive Carlos Ghosn said Wednesday, outlining a strategy to target the revamped brand at emerging nations where the biggest growth is expected for affordable stylish vehicles.91. Zynga holders plan to sell up to $400M in stock - Friday, March 09, 2012
SAN FRANCISCO (AP) — Zynga Inc. says shareholders may sell up to $400 million in stock through a public offering, three months after the online game maker went public, to try to avoid a drop in its stock price.92. No new action is expected as Fed weighs job gains - Friday, March 09, 2012
WASHINGTON (AP) — Since the Federal Reserve's policymakers last met in January, the job market has shown more muscle. Employers have hired more than a half million people. The unemployment rate is down.93. Treasury launches sale of $6B of AIG stock - Friday, March 02, 2012
WASHINGTON (AP) — The Treasury Department said Wednesday it is selling $6 billion worth of the $41.8 billion in common stock it holds in insurance giant American International Group Inc., which received the biggest bailout of the financial crisis in 2008.94. Banks lead stock rally; Nasdaq nears 3,000 - Friday, February 24, 2012
NEW YORK (AP) — Banks dodged a big hit from the Greek debt crisis and rallied Thursday to lead the stock market higher. Strong retail sales and more encouraging news about the U.S. job market also helped stocks rise.95. Moody's may cut ratings of some of biggest banks - Friday, February 10, 2012
NEW YORK (AP) — Moody's Investors Service may lower the ratings of some of the world's largest banks as well as those of some securities firms because their long-term prospects for profitability and growth are shrinking.96. DCI Donor picks chief administrative officer - Friday, February 03, 2012
DCI Donor Services, Inc. (DCIDS) recently named Scott Cantlon as its chief administrative officer.
Cantlon, has more than 35 years of experience as a senior executive in information technology and systems management for several industries. Most recently, he served as vice president and chief information officer for Lexon Surety Group where he led the development and implementation of IT strategy and managed IT support services.97. Will Facebook deliver an IPO surprise? - Friday, January 27, 2012
NEW YORK (AP) — Facebook, the social network that changed "friend" from a noun to a verb, is expected to file as early as Wednesday to sell stock on the open market. Its debut is likely to be the most talked-about initial public offering since Google in 2004.98. Stocks open higher as unemployment claims decline - Friday, January 13, 2012
NEW YORK (AP) — Stocks rose in midday trading Thursday after a decline in applications for unemployment benefits and strong earnings reports from Bank of America and Morgan Stanley.
The Dow Jones industrial average rose 35 points to 12,613 shortly after noon.99. Dow, S&P 500 close at their highest since July - Friday, January 13, 2012
NEW YORK (AP) — A surprisingly strong report on the housing market and the prospect of more cash for the International Monetary Fund to fight off a financial crisis powered stocks Wednesday to their highest close since last summer.100. Housing bust still haunts the banks - Friday, January 13, 2012
NEW YORK (AP) — The economy may be healing, but banks are suffering from a housing hangover.
JPMorgan Chase spent $3.2 billion last year to fight lawsuits, almost all of them over poorly written mortgages. That was down from $5.7 billion in 2010, but it made clear that housing still haunts the bank, five years after the bubble burst.