August 2004 Archive

Search Engine Stocks a Risk for Some

Growth Potential Makes Search Engine Stocks Attractive, but a Risky Gamble for Small Investors

S&P cuts Leucadia debt ratings to junk

NEW YORK, Aug 18 (Reuters) - Standard & Poor's cut Leucadia National Corp.'s (NYSE:LUK - News) debt ratings to junk status on Wednesday, citing the investment company's increased appetite for high-risk telecommunications assets.

Google Says IPO Auction Has Closed

Despite Climbing Oil Prices, Stocks Close Higher Ahead of Google's Much-Anticipated IPO NEW YORK (AP) -- Investors shrugged off rising crude futures Wednesday to capture bargain-priced shares, sending the Nasdaq composite index up 2 percent ahead of Google Inc.'s much-anticipated initial public offering of stock. The Dow Jones industrial average rose more than 110 points.

Stocks Close Higher Ahead of Google IPO

NEW YORK (AP) -- Investors shrugged off rising crude futures Wednesday to capture bargain-priced shares, sending the Nasdaq composite index up 2 percent ahead of Google Inc.'s much-anticipated initial public offering of stock. The Dow Jones industrial average rose more than 110 points.