stock market

Wall Street
3:56 am
Thu November 7, 2013

Twitter Pops To $44.90 A Share In Debut On Wall Street

Will it fly? The Twitter bird logo was decorating a post on the floor of the New York Stock Exchange Wednesday.
Richard Drew AP

Originally published on Thu November 7, 2013 3:43 pm

6 p.m. ET: Twitter Shares Close At $44.90

At the end of its first day of public trading, shares of Twitter were valued at $44.90, reflecting a market value of more than $31 billion. The company sold 70 million shares of stock, raising $1.82 billion in the process.

Earlier Thursday, the company's shares soared from their initial public offering price of $26.

2:35 p.m. ET:

As you can see if you click on the player below, Twitter's stock has been trading around $47 a share in recent minutes.

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Pensions
11:55 am
Tue October 22, 2013

Mayors Argue To Cut Fossil Fuel Stock, But Skeptic Urges Softer Approach

A historic gas pump in Issaquah, Wash. Seattle Mayor Mike McGinn wants his city to divest from fossil energy companies.
John Ryan

Investment advisors from across the country met on Friday in Seattle in hopes of cutting fossil fuels from the stock portfolios they manage.

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Climate Activism
6:36 pm
Thu December 27, 2012

Mayor McGinn Calls On Seattle To Divest From Fossil Fuels

A historic gas pump in Issaquah, Wash. Seattle Mayor Mike McGinn wants his city to not invest in oil and gas companies.
John Ryan

Seattle Mayor Mike McGinn wants the city to get its money out of fossil fuels. He has called on the city’s two main retirement funds to divest millions of dollars invested in oil and gas companies.

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Money
1:59 am
Fri October 19, 2012

Investors' Funds Are Recovering, But Not Their Nerves

Originally published on Fri October 19, 2012 7:14 am

Chicken Little was running wild 25 years ago today. But one could hardly blame the poultry for panicking.

On Oct. 19, 1987, the stock market plunged a record-setting 23 percent. The next day, the New York Daily News' front page screamed "Panic!" and a New York Times headline asked: "Does 1987 equal 1929?"

Turns out, the 1987 plunge was a mere stutter step. The Dow Jones industrial average, which closed at 1,739 that day, quickly bounced back. Within a decade, the stock-price average had nearly quintupled.

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