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By MarketWatch new orleans ( MarketWatch ) -- CitiGroup has granted California Treasurer Bill Lockyer's request to continue accepting state-issued IOUs at ...
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By Polya Lesova & William L. Watts, MarketWatch new york ( MarketWatch ) -- The US dollar was higher against most major currencies Friday, regaining the upper ...
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By MarketWatch Most US stocks, as measured by the S&P 500 Index, have now fallen for two weeks in a row. After a run higher over the last few months, ...
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By Benjamin Pimentel, marketwatch san francisco ( marketwatch ) - The New York Stock Exchange's Web site, nyse.com, has been the target of a "denial of ...
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BOSTON ( MarketWatch ) -- The Securities and Exchange Commission on Friday said Ameriprise Financial Inc. has agreed to pay $17.3 million to settle charges it ...
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On Tuesday the Commerce Department will report retail sales for June, and economists polled by marketwatch are looking for a gain of 0.5%, matching the ...
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new york ( MarketWatch ) -- JC Penney Company, Inc. said Thursday that its June sales at stores open at least one year fell 8.2%. ...
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san francisco ( MarketWatch ) -- Technology stocks came to life in early trading Thursday, with trading highlighted by EMC Corp. winning the fight to acquire ...
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San francisco (. MarketWatch. ) -- California Treasurer Bill Lockyer asked U.S. Treasury Secretary Timothy Geithner on Wednesday to authorize assistance for his state from the federal Troubled Asset Relief Program, warning that depressed ...
How do I calculate cost basis?
Q. I was told to calculate the cost basis for a client's portfolio which was positioned at different intervals between 1970 and 2000. First of all, being new to this stuff, what price should I use to calculate the cost basis for a certain stock; the split adjusted price or the regular price? At first I thought the adjusted, but isn't that used for comparison purposes only? Secondly, where can I find prices for purchases in the 70s? Most sites like Yahoo Finance and MarketWatch only go back so far. Thanks so much for the help.
Asked by Tree - Mon Jun 15 23:06:43 2009 - - 2 Answers - 0 Comments
A. There is a subscription service called Value Line that may have old prices listed. It is in the reference section of the library. You could ask librarian if there is a way to get old price data. If you can't find it there, ask teacher.
Answered by JcL - Mon Jun 15 23:21:01 2009
Q. I was told to calculate the cost basis for a client's portfolio which was positioned at different intervals between 1970 and 2000. First of all, being new to this stuff, what price should I use to calculate the cost basis for a certain stock; the split adjusted price or the regular price? At first I thought the adjusted, but isn't that used for comparison purposes only? Secondly, where can I find prices for purchases in the 70s? Most sites like Yahoo Finance and MarketWatch only go back so far. Thanks so much for the help.
Asked by Tree - Mon Jun 15 23:06:43 2009 - - 2 Answers - 0 Comments
A. There is a subscription service called Value Line that may have old prices listed. It is in the reference section of the library. You could ask librarian if there is a way to get old price data. If you can't find it there, ask teacher.
Answered by JcL - Mon Jun 15 23:21:01 2009
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