BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Exxon Mobil (XOM) hits new 52-week low as oil continues to fall]]>http://www.bloggingstocks.com/2008/10/10/exxon-mobil-xom-hits-new-52-week-low-as-oil-continues-to-fall/http://www.bloggingstocks.com/2008/10/10/exxon-mobil-xom-hits-new-52-week-low-as-oil-continues-to-fall/http://www.bloggingstocks.com/2008/10/10/exxon-mobil-xom-hits-new-52-week-low-as-oil-continues-to-fall/#commentsFiled under: , , , , , , ,

Shares of Exxon Mobil (NYSE: XOM) fell to set another fresh 52-week low today, as oil continues to fall.

Shares of Exxon have traded down as low as $58.30 earlier in the session, and headed into the afternoon session, the stock has rebounded a bit, but is still trading down 8.7% to $62.20, down $5.80 on the day.

It's been a tough week for the stock, which is now down around 21% from its close last Friday.

As recession fears continue to spread, oil has been moving steadily lower, and once again today the precious crude is down, falling another $5.82 a barrel to $80.77, and was under the psychological $80 earlier in the day, trading all the way to $78.61 earlier in the session.

Continue reading Exxon Mobil (XOM) hits new 52-week low as oil continues to fall

Exxon Mobil (XOM) hits new 52-week low as oil continues to fall originally appeared on BloggingStocks on Fri, 10 Oct 2008 13:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>52 week lows52WeekLowsExxonExxon MobilExxonMobilinthenewsnew lowsNewLowsoiloil pricesOilPricesFri, 10 Oct 2008 13:38:00 EST<![CDATA[Banc of America gives eBay a lift]]>http://www.bloggingstocks.com/2008/03/27/banc-of-america-gives-ebay-ebay-a-lift/http://www.bloggingstocks.com/2008/03/27/banc-of-america-gives-ebay-ebay-a-lift/http://www.bloggingstocks.com/2008/03/27/banc-of-america-gives-ebay-ebay-a-lift/#commentsFiled under: , ,

Shares of the online auction site eBay, Inc. (NASDAQ: EBAY) have been surging today after positive remarks from Banc of America Securities analyst Brian J. Pitz, who stated that the company is on track for a "solid" first quarter to the year.

Pitz made his remarks after analyzing the company's recent proprietary listings and conversion rate tracking data. As a result of his findings, Pitz gives the stock a price target of $38, and lifted his revenue forecast for the quarter from $2.03 billion up to $2.08 billion. This is slightly higher than the $2.06 billion that Wall Street is expecting to see, and as a result shares of the e-commerce giant have surged 5% today to $30.96, and hit a high earlier in the session up at $31.21.

eBay has been in the news a lot lately, but for the most part, it has not been positive. The company has been fighting off speculation that a seller's strike late last month that extended into the first week of March had had any material impact on the site's listing numbers. Some have argued that the strike led to a 13% drop in product listings, but eBay has adamantly denied any impact what-so-ever, and instead has insisted that a promotion that ran right before the strike had artificially inflated product listing numbers that were used to compute the strike's effectiveness.

Continue reading Banc of America gives eBay a lift

Banc of America gives eBay a lift originally appeared on BloggingStocks on Thu, 27 Mar 2008 15:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>52 week lows52WeekLowsanalysts estimatesAnalystsEstimatesauctionsBACBanc of AmericaBancOfAmericaBrian J. PitzBrianJ.Pitze-commerceeBayforecastsgoodnewsinthenewssellers strikeSellersStrikeThu, 27 Mar 2008 15:43:00 EST