Holiday, Security Woes Sap Stocks
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U.S. stocks were lower on Monday as  the start of the Republican Convention in New York stirred  security concerns, prompting many investors to steer clear of  the market in a slow holiday week.
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The Motley Fool - It appears that Larry Ellison took to the stage last week with more drama in mind than he had the right to perform. Oracle (Nasdaq: ORCL - News) really did produce a strong quarter, but the CEO may have been speaking with feet of clay when he came out strongly in regard to rival enterprise-software developer SAP (NYSE: S News). An SAP representative took the time to give me his company's side of the story, to which I've added my own Foolish touch.
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SAP said its revenue and profits were held back by the decline of the U.S. dollar during the third quarter.
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Asian shares fell on Tuesday as a soft dollar and concerns about weak holiday spending in the key U.S. market prompted investors to unload shares in exporters such as Samsung Electronics  and Honda
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U.S. stocks were slightly lower on  Monday as investors wary of security concerns were reluctant to  put new money into the market as the Republican Convention  opens in New York City and many took vacation ahead of the  Labor Day holiday.
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LONDON : European shares slipped back in light trading with the London Stock Exchange closed for a bank holiday and New York investors expected to take it easy while the Republican convention is in town.
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A disappointing holiday sales forecast from Wal-Mart is dragging on blue chips, while Apple Computer is a bright light on Wall Street.
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The day when stock investors scan corporate results with computer software to make immediate buy-and-sell decisions may be close at hand.
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Stocks seesawed in afternoon trade Thursday, with blue chips struggling to maintain their gains while techs edged lower following warnings from Google.
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Major U.S. indexes have broken key  technical support levels, leaving the stock market vulnerable  to further declines and the turbulence could get worse,  according to chart watchers.
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Surging oil prices and a weak dollar prompted a spate of profit-taking today, pushing stocks slightly lower in light holiday-week trading.
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Tech stocks were mixed for the holiday week, with analyst revisions moving key sector players. Intel (nasdaq: INTC - news - people ) shares fell tumbled Tuesday after Credit Suisse First Boston lowered the
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Stocks fell Friday in thin trading, ending a shortened week quietly as the holiday shopping season began and attention turned to retailers and a steep decline in the dollar against other major currencies. The major stock indexes ended the week mixed, with only the Nasdaq composite index showing a gain.
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Mixed economic news and forecasts of weak IT spending for at least the beginning of next year caused IT investor confidence to waver this week, though upbeat analyst presentations from Cisco and AT&amp;T and online e-commerce figures brought some cheer to the holiday season.
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How to avoid a post-holiday meltdown and keep momentum going for customers and employees.
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By George Chamberlin , Daily Transcript Financial Correspondent. Stocks moved modestly higher Monday. Investors are likely to do little trading this week because of the Thanksgiving holiday.
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Overstock posts a strong holiday quarter. Its shares are down, but this is about the big picture.