Feeds

Roundup: Yesterday's markets

Jitters pull Dow and Nasdaq down

  • alert
  • submit to reddit

3 Big data security analytics techniques

The neurotic gnomes of New York had a field day yesterday after the Greenspan disappointment. Fretting over an uncertain future US economy pushed the Dow down 238 points (3 per cent), and Nasdaq by 2.3 per cent. The Nikkei reached a 12-year low, reflecting the inability of the Japanese government to sort out the Japanese economy. Still, there will probably be another quarter per cent reduction in interest rates by the Fed on 29 November. One of the results was a tough session for the telecom sector. Nortel, the number two in the North American phone business, warned that because of weak demand in Europe as well as Asia, revenue would not meet expectations, and fell 10 per cent. The ripple took its toll on both Lucent (down 7 per cent) and Nokia (down 3 per cent). AT&T fell 2.5 per cent on the rumour of its interest in acquiring IBM's global network. AOL suffered when an undisclosed nervous investor sold a million shares (for around $115 million), causing AOL to lose 5 per cent. If any further evidence that stock prices do not reflect reality were required, Amazon.com was down only 1 per cent after being off-line for nine hours yesterday for what it called "scheduled maintenance". This explanation seems unlikely. The company claimed the maintenance took five hours longer expected, but this still means that it planned to be down for four hours, and it is most revealing that a significant (though unprofitable) online vendor cannot keep it systems up around the clock. We wonder what software caused the problem. Ovid Technologies, a specialist in medical and scientific content, was acquired by Dutch publisher Wolters Kluwer (whose merger with Reed Elsevier was turned down by regulators) for about $200 million in shares, representing a 19 per cent premium. NCR went up 8 per cent after it bought the Decision Support Services Group unfit of Medaphis for an undisclosed sum. ® Click for more stories

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.