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March 1, 2013: Yahoo! announces that it was making some changes to the products it offers, including shutting down some while updating others. On April 1, the Yahoo! Message Boards site closed. The Yahoo! updates API were no longer supported after April 16. [112] March 25, 2013: Yahoo! acquires Summly. [113] [114]
On Monday, 19 January 2009, a date previously known as Blue Monday, British banking shares collapsed in a rout of selling after Royal Bank of Scotland (RBS) announced the biggest corporate losses in British history. The shares fell over 67% in a single day. Shares in all other British banks suffered heavy losses.
By March 9, 2009, the Dow had fallen to 6,500, a percentage decline exceeding the pace of the market's fall during the Great Depression and a level which the index had last seen in 1997. On March 10, 2009, a countertrend bear market rally began, taking the Dow up to 8,500 by May 6, 2009. Financial stocks were up more than 150% during this rally.
We've taken a look back to see how the years have affected the price of 50 things we buy, or wish we could buy. Thanks to inflation, it takes around $1.30 to buy what $1 bought in 1999.
eGain: Its stock price doubled shortly after its 1999 IPO. Egghead Software: An online software retailer, its shares surged in 1998 as investors bought up shares of Internet companies; by 2001, the company was bankrupt. eToys.com: An online toy retailer whose stock price hit a high of $84.35 per share in October 1999. In February 2001, it filed ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Yahoo!'s initial public offering at the NASDAQ was on April 12, 1996, closing at US$33.00—up 270 percent from the IPO price—after peaking at $43.00 for the day. Its stock price skyrocketed during the dot-com bubble, closing at an all-time high of $118.75 a share on January 3, 2000
Stocks are surging higher with the S&P 500 nearing 5,000 for the first time.. To explain the rise, we recently asked some top Wall Street strategists to contribute to the latest edition of the ...