NEW YORK (Reuters) – A lot of loyal Facebook fans and occasional investors are discovering a hard truth this week: Money and connections talk, especially when it comes to a hot deal handled by Wall Street. The scramble for shares in what is one of largest initial public offerings in U.S. history quickly divided the haves from the have-nots on Thursday. Those with big brokerage accounts and a long history as customers of …

NEW YORK (AP) — Wall Street doesn’t seem to like J.C. Penney‘s new everyday low pricing any better than Main Street does. The department store chain’s stock plunged nearly 20 percent on Wednesday — the biggest decline in at least four decades, including the 1987 stock market crash. The drop came a day after Penney said it would stop paying dividends and blamed its large first-quarter loss on a poor reception from shoppers …

LONDON (Reuters) – Investors sold European shares and the euro on Tuesday, unnerved by the political stalemate in Greece and the threat of a Franco-German split over policies to tackle the region’s debt crisis. The uncertainty in Europe added to worries about global growth after weak American jobs data, sending industrial commodities like oil and copper lower. U.S. shares were also expected to open down on Wall Street. While markets were in a …

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LONDON (Reuters) – European shares made a positive start to the New Year as they extended a two-week rebound in thin trade on Monday, with automotive stocks and euro zone banks leading the charge. At 1216 GMT the FTSEurofirst 300 index of European shares was up 0.6 percent at 1006.07, breaking above the full retracement level of the December7-Dec 19 fall. Volumes on the index registered a slight pick-up from last week’s lows …

FORT WORTH, Texas – American Airlines’ parent company, which filed for bankruptcy protection last month, said Thursday that its stock will be dropped from the New York Stock Exchange. The shares will stop trading on the NYSE before the opening bell next Thursday. The delisting includes AMR common stock and some company-issued notes. AMR Corp. said that the NYSE notified the Fort Worth, Texas, company of the move after the average closing price …

BANGKOK – Asian shares had been mainly decrease Thursday as traders once again started to doubt Europe’s capacity to cauterize its worsening debt crisis. Benchmark oil fell under $ 81 a barrel even though the dollar dropped against the euro and the yen. Japan’s Nikkei 225 index shed 1 percent to eight,531.02 and Australia’s S&ampP/ASX 200 fell one.4 % to 3,981.60. Investing in Hong Kong was suspended due to an approaching typhoon. Mainland …

NEW YORK (Reuters) – Stocks rebounded, with every single index regaining 1 % in a unstable session, boosted by a rally in big technologies stocks. The Dow Jones industrial average (.DJI) obtained 117.99 factors, or one.09 %, to 10,935.64. The Regular &amp Poor’s 500 Index (.SPX) rose 10.43 details, or .93 %, to 1,133.96. The Nasdaq Composite Index (.IXIC) climbed 23.99 factors, or one.02 percent, to two,365.83. (Reporting by Chuck Mikolajczak Modifying by …

NEW YORK (Reuters) – Tech shares fell on Wednesday soon after Dell’s disappointing revenue outlook fanned worries weak financial development will harm earnings in the 3rd quarter. The Dow and S&ampP indices ended minor modified in an up-and-down session where traders marketed progress sectors in favor of defensive shares like telecoms and utilities. Personal computer maker Dell (DELL.O) was the S&ampP’s worst performer, losing 10 % to $ 14.20 following cautious feedback on …

LONDON (AFP) – Shares in London fell in opening trade on Thursday amid growing anxiety about the deadlock in US credit card debt talks, dealers stated. Adding to selling pressure was a choice by Common &amp Poor’s to further downgrade Greece’s credit rating, expressing ideas to restructure the country’s personal debt would entail a default. The benchmark FTSE a hundred index was down twenty.fifteen factors or .34 percent at 5,836.43 at eight:28 am. …