52 Week Lows: DLB, EK, PHI, CEDC, GSIC
Tuesday, March 01, 2022 1:49 PM

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U.S. stocks dropped as investors worried that rising oil prices could choke off the economic recovery, with equities looking to keep taking their lead from oil prices in the near term.

U.S. Federal Reserve Chairman Ben Bernanke said the recent surge in oil prices was unlikely to derail the economy, but his comments did little to reassure investors worried that turmoil in the Middle East could hit Saudi Arabia, the world's largest oil exporter.

The S&P had its weakest performance since November last week, but still had tallied three months of gains.

52 Week Lows:

Dolby Laboratories (NYSE: DLB) reached its 52 week low at $49.75, losing 1.62 percent. The shares of the company lost 1.40 percent to $49.86.

Eastman Kodak Company (NYSE: EK) showed it 52 week low of $3.20 losing 5.88 percent. EK is trading at $3.26, down 4.26 percent.

Philippine Long Dist (NYSE: PHI) reached its new 52 week low at $48.05 losing 3.28 percent. The stock is trading lower by 2.31 percent to $48.53.

Central European Dis (Nasdaq: CEDC) is trading lower by 35.80 percent to $14.67. The current trading price of the stock also marks its 52 week low. The stock plunged in value, after announcing its fourth quarter results, Tuesday.

Gsi Commerce (Nasdaq: GSIC) reached at its 52 week low of $19.81, losing 4.71 percent. GSIC is currently trading at $19.87, down 4.43 percent, Tuesday.
 

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Market news:

  • With a Bush at his side, Obama promotes education Mar 04, 2022 11:37 PM

    • MIAMI - Joining forces with the Bush political family, President Barack Obama on Friday tried to lift up his education agenda in politically vital Florida, saying his government is determined to help the nation's worst performing schools rebound.
    • Obama's stop at an improving high school offered the bipartisan imagery he intended: the president on stage and in step with Jeb Bush, the popular Republican ex-governor of Florida.
    • Bush is also the brother of former President George W. Bush - the man Obama succeeded in the White House after long assailing his record on the campaign trail.
      • Kasich: When Ohio union bill passes, I'll sign it Mar 04, 2022 11:22 PM

        • COLUMBUS, Ohio - Gov. John Kasich said Friday that he anticipates the Legislature will pass a tough bill restricting union activity by public workers in Ohio and that he'll sign it into law with little fanfare, out of respect for the raw emotions surrounding the bill.
        • The measure - which still has to go through the GOP-led House - would limit the bargaining rights of roughly 350,000 teachers, firefighters, police officers and other public employees.
        • Unlike with similar legislation being debated in Wisconsin, Republicans in Ohio managed to move the bill quickly through the state Senate.
          • Trend reversal: Big drop in kids' ear infections Mar 04, 2022 11:22 PM

            • ATLANTA - Ear infections, a scourge that has left countless tots screaming through the night, have fallen dramatically, and some researchers suggest a decline in smoking by parents might be part of the reason.
            • Health officials report nearly a 30 percent drop over 15 years in young children's doctor visits for ear infections.
            • Why the numbers are declining is a bit of a mystery, but Harvard researchers think it's partly because fewer people smoke, meaning less irritation of children's airways.
              • Tucson suspect charged with murders of judge, aide Mar 04, 2022 11:06 PM

                • PHOENIX - Federal prosecutors on Friday announced new charges against the suspect in the attempted assassination of Rep. Gabrielle Giffords, accusing him of killing six people and wounding 13 others who were exercising the fundamental American "right to meet freely, openly and peaceably with their member of Congress."
                • A federal grand jury returned the 49-count indictment Thursday, charging Jared Lee Loughner in the deaths stemming from a Jan. 8 shooting at a political event held by Giffords outside a grocery store.
                • "This indictment is comprehensive and is solid, and covers all the murdered and injured victims," U.S. Attorney Dennis Burke said.
                  • Sean Penn says he'd welcome Sheen's help in Haiti Mar 04, 2022 10:46 PM

                    • LOS ANGELES - Sean Penn says he thinks Charlie Sheen could do a lot of good in Haiti, both for himself and the nation struggling to recover from a devastating earthquake.
                    • The Academy Award winner says in a statement that he'd like to "show my old friend the world of needs on the ground in Haiti."
                    • Sheen told "Access Hollywood" that he and Penn were planning a trip to the Caribbean nation, although no date for their travel has been announced.

                      More news


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PhidoPhido's Personal Investments DANG$0.02
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