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Friday, July 11, 2008
America's Greatest Business Rivalries All Stars
FOXBusiness
America was built on the idea of free markets, which goes hand-in-hand with competition. Competition breeds better products and prices for the consumer and results in intense rivalries in the business world.
While they might not be as flashy as Lakers vs. Celtics or Michigan vs. Ohio State, some of these rivalries span decades and put millions of dollars on the line.
We wanted to know how you feel the competitions stack up. You voted for the rivalry you felt is the most intense --- And here are the results:
Fox Business Video
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AIG Bonus Approval
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Jul 11, 2009
AIG Bonuses
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Power Rankings: Where are They Now?
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Jul 11, 2009
07/10/09
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Macrellus Willey: Life After F...
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Jul 11, 2009
Wiley on Networking Site
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When a Dome Becomes a Home
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Jul 10, 2009
Kubley on Dome Homes
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Helping Small Business
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Jul 10, 2009
Yancey on Volunteer Work
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FOX Translator
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A specialist is a member of a stock exchange who works as an auctioneer for a specific stock and/or stocks. It can be an individual, partnership, corporation or group of firms.
The specialist works to maintain a "fair and orderly market" for respective stocks, matching up buyers and sellers by displaying the best "bid" and "ask" prices at its trading post. If buys are not equal to sells, the specialist evens the scale by buying or selling shares, accordingly. However, they cannot make their own transactions until all investor orders have been placed.
Gauging supply and demand, the specialist sets an opening price for the stocks in its domain. If a price has not been set by the time the market opens, the specialist can delay that particular stock's opening.
Specialists make money off the "spread," which is the difference between bid and ask prices on orders.
