Tata Tea among major losers

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Shares of Tata Tea are trading at Rs 724, down Rs 35.95, or 4.73% at the Bombay Stock Exchange (BSE) on Friday at 10:05 a.m. The scrip has touched an intra-day high of Rs 739 and low of Rs 724. The total volume of shares traded at the BSE is 1,658. In the earlier session, the shares lost 0.6%, or Rs 4.60, at Rs 759.95. Currently, the stock is trading down 28.6% from its 52-week high of Rs 1,014.00 and above 23.53% over the 52-week low of Rs 586.10.

Jul

31

NASCAR CANADIAN TIRE SERIES: Mohawks to ride with Bourque in Montreal

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CONCORD, NC (July 31, 2008) – As the NASCAR Nationwide Series makes a historic appearance in Canada this weekend, Pierre Bourque will take part in the weekend of racing at Montreal’s Ile Notre Dame on the Circuit Gilles Villeneuve. Bourque will be entered in the NASCAR Canadian Tire Series event at the road course on Saturday. The #29 Whitlock Motorsports-prepared Dodge that Bourque will drive is being sponsored by Mohawk Internet Technologies for this race. It is the first venture for the trib

Jul

31

Investors Not Impressed When Exxon Earns Biggest Profit Ever

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Despite earning a higher profit than any U.S. corporation in any industry has ever made before ($11.68 billion), shareholders were still expecting more from Exxon Mobil's quarterly announcement today. As a result, the stock slipped by 4.9% before the day's end of trading. Of course, no one is really that surprised that one of the world's largest oil companies was the one to record the biggest profit ever. I believe I recall reading something in almost every newspaper and watching on every TV

Jul

31

Today in history: WWI closes stock exchange

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On this day in 1914, the New York Stock Exchange closed due to the outbreak of World War I. Trading didn't resume until December. Read more from today in history.

Jul

31

Credit Crunch v. South Sea Bubble

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Almost 300 years ago the British people were subjected to an elaborate con. It became known as the South Sea Bubble. As it was the case then, so it is now. In 1720 another dodgy Chancellor of the Exchequer put great stock (literally) into the monopolistic trading company which went by the innoccuous title of The South Sea Company.

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