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- Most Active Stocks - Less Than $10 - Tuesday Oct 15, 2013
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Click to read - Markets ready to shift focus back to economy, earnings - With Washington's debt battle off the boil, markets will quickly shift focus to earnings and how much the government shutdown actually impacted the economy. Congress ended a tense standoff, as the House and the Senate passed a compromise bill to reopen the government and avert hitting the U.S. debt ceiling limit. The bill pushed the deadlines back to January for the spending resolution and February for the debt ceiling.
Click to read - Janet Yellen: Background And Philosophy - Janet Yellen was born into a middle-class Jewish family in Brooklyn, N.Y. on Aug. 13, 1946. Her mother was a teacher and her father was a doctor, and she eventually became editor of the Fort Hamilton High School newspaper, from which she graduated as valedictorian. She graduated summa cum laude with an economics degree from Brown University in 1967 and went on to receive her Ph.D. from Yale University in 1971. She then worked as a professor at several prestigious universities, including Harvard, The London School of Economics and the University of California at Berkeley. In 2004 she became president and CEO of the Federal Reserve Bank of San Francisco, where she has been credited with foreseeing the subprime mortgage crisis more accurately than her peers.
Click to read IBM Shares Tumble After Sixth Quarterly Sales Decline - International Business Machines Corp. (IBM), the largest computer-services provider, dropped as much as 6.4 percent in late trading after sales fell for the sixth straight quarter and its hardware business posted a loss. Revenue dropped 4 percent to $23.7 billion in the third quarter, the Armonk, New York-based company said yesterday in a statement. That was $1 billion less than analysts had estimated,