Why stock info in news stories?!?
Wednesday, July 16, 2008 11:26:52 AM
Can anyone tell me why the hell certain news agencies insist on putting stock info after every company name in a story? You know, things like this:
order announcements from aerospace archrivals Airbus and Boeing Co. (BA: 63.88, +0.69, +1.1%) followed so fast [...]
EADS (FR:005730: news, chart, profile) unit Airbus [...]
Among the engine makers, United Technologies (UTX: 60.08, -0.97, -1.6%) unit Pratt & Whitney [... etc.]
What's the bloody point of that ?!?
Is it, as I suspect, because investor-type-people are:
a) impulsive, with a short attention span
b) easily swayed by other people's advice and opinion
c) so stupid they can't even remember what their stock is doing
d) too lazy to do even the most basic research themselves
It's just bloody annoying reading around all that crap when trying to follow the news!