CornellSun.com Topic

market

Cornell Store Adapts to Evolving Market

Erica Boorstein  —  Feb 9, 2012

The Cornell Store has recently changed several of its marketing policies in an effort to make textbook prices more competitive to combat the growing number of students who have begun purchasing textbooks from outside sources, according to Margie Whiteleather, strategic projects manager for the Cornell Store.

To the Editor: A shortcoming to short selling

Mar 26, 2009

To the Editor:

Re: “Sold Short: American Capitalism at Its Finest,” Opinion, March 25

This author’s very interesting column has one problem — or shortcoming. He addresses the issue of short selling as a fundamentally negative operation that is “invested in market failure.” This is a simplistic view of short selling that flies well with the public’s general feeling of indignation towards Wall Street.

David Stein  —  Sep 25, 2008

Students listen as a panel of Johnson School of Management faculty members discuss the current credit crisis at Sage Hall yesterday. The panel attracted 250 attendees.

Crisis in review

Johnson School Panel Discusses Wall Street Crash

Elizabeth Manapsal  —  Sep 25, 2008

“Expediency is not a good guide for policy, and that is where we are right now,” said Prof. Maureen O’Hara, the Robert W. Purcell Professor of Management in the Johnson School of Management.

As Congress continues to debate Bush’s proposed $700 billion economic recovery plan, last night a panel of professors from the Johnson School analyzed the causes of the financial crisis and offered solutions for the future. Over 250 people attended the discussion.

Moderated by Prof. Doug Stayman, marketing, and the associate dean for curriculum at the Johnson School, the Market Crisis Panel addressed the tumultuous events in the finance world that have happened over the past days.

Uncle Sam Doing the Right Thing

Lee Blum  —  Sep 24, 2008

If you have watched television, read a newspaper or applied for a finance job, you know that the world is about to end. The cover of the Wall Street Journal might as well have read “Apocalypse Near.” Well, the situation is not all that dire (unless, of course, you had a job offer from Lehman Brothers), but certainly something needs to be done. While it may be too late, the administration’s recent plan to purchase mortgage-related securities is a necessary step in calming financial markets.

Fed Moves to Boost Market Confidence

The Associated Press  —  Sep 18, 2008

NEW YORK (AP) — The Federal Reserve, working with central banks in Europe, Canada and Asia, pumped as much as $180 billion into money markets on Thursday to combat a seizing up of lending between banks that is intensifying global financial crisis.

The move was aimed at boosting waning confidence and getting banks around the world to open their ever-tightening purse strings. Asian markets closed lower, but the Fed action helped send European stocks higher after three days of losses.

Wall Street appeared headed for a higher opening, after dropping 450 points Wednesday when a Fed bailout of American International Group Inc., one of the world's largest insurers, failed to settle the markets' frayed nerves.

Stocks Surge to Record Highs

The Associated Press  —  Oct 1, 2007

NEW YORK (AP) — Wall Street began the fourth quarter with a huge rally Monday, sending the Dow Jones industrial average to a record close. Stocks were buoyed by a growing belief that the worst of the credit crisis has passed.

The Dow rose 191.92, or 1.38 percent, to 14,087.55, surpassing its closing record of 14,000.41 set in mid-July. The blue chip index rose as high as 14,115.51 to eclipse its previous intraday high of 14,021.95 set July 17.

Syndicate content