Fund managers: 2013 stock outlook remains positive
December 28, 2012 in The Daily Republic
They expect the market to climb in 2013, although the gain is likely to be more modest than this year’s 15 percent return in the Standard & Poor’s 500 index.
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Facebook’s stock plunged to a new low Thursday as some of the social networking leader’s early backers got their first chance to sell their shares since the company’s initial public offering went awry.
The discount chain said today that it has paid a dividend every quarter since going public in October 1967 and that 2011 was its 40th straight year of annual dividend increases.
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