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Asian markets rise on resource stocks, techs Wednesday, January 7, 2009 @ 2:28AMAsian shares were solidly higher Wednesday after another gain on Wall Street, with resource stocks powering ahead on a recovery in prices for base metals and gold.
Cross-dressing doctor who killed wife found hanged Wednesday, January 7, 2009 @ 2:21AMBOSTON (AP) — A cross-dressing, millionaire Harvard dermatologist serving life in prison for shooting his estranged wife to death has been found hanged in his cell, a prison spokeswoman said Tuesday.
HK shares to open up 1.6 pct; CCB bucks trend Wednesday, January 7, 2009 @ 2:20AMHONG KONG, Jan 7 (Reuters) - Hong Kong shares will open 1.6 percent higher on Wednesday with stocks across the board notching up strong gains on expectations of bigger stimulus spending from the United States and China, but China Construction Bank is set to buck the trend.
Stocks rise on stimulus plan hopes Tuesday, January 6, 2009 @ 10:13PM Stocks gained on Tuesday on the increased likelihood of a government stimulus package after the release of minutes from the last Federal Reserve policy meeting painted a dismal picture of the U.S. economy.
First New York Sends Letter to Teton Energy Corporation, Intends to Pursue Alternatives to Achieve Fair Value for ... Tuesday, January 6, 2009 @ 10:13PM NEW YORK----First New York Securities LLC, the holder of approximately 7.1% of the outstanding shares of common stock of Teton Energy Corporation , today sent the following letter to the Board of Directors at Teton Energy Corporation: January 6, 2009 To the Board of Directors:
Stocks rise moderately ahead of data Tuesday, January 6, 2009 @ 4:25PMNEW YORK — Investors waded back into the market Tuesday, sending stocks moderately higher ahead of a fresh round of readings on the service sector, factory orders and pending home sales.
European Stocks Climb for Sixth Day; Next, Rio, Volkswagen Gain Tuesday, January 6, 2009 @ 4:24PMJan. 6 (Bloomberg) -- European stocks rallied for a sixth straight day on speculation that government stimulus packages and interest-rate cuts will revive the global economy.
Light seen on fiscal horizon Tuesday, January 6, 2009 @ 4:23PMChapman University President and economist James Doti spent the first 10 minutes of his popular annual economic forecast jokingly wallowing in self-satisfaction for having the foresight to predict a recession and a precipitous drop in housing prices when many economists were more optimistic.
Persian Gulf Shares Rise on ‘Valuations’; Dubai’s Index Drops Tuesday, January 6, 2009 @ 4:22PMJan. 6 (Bloomberg) -- Persian Gulf shares gained as oil rose to a five-week high above $50 and “attractive” valuations lured investors. Dubai’s index declined.
Stocks Turn Mixed On Service Sector News Tuesday, January 6, 2009 @ 4:21PMStocks pared their earlier gains Tuesday following disappointing readings on pending home sales and factory orders.
(AFX UK Focus) 2009-01-06 15:55 S.African blue-chips hit 3-month high;rand softens Tuesday, January 6, 2009 @ 4:18PMJOHANNESBURG, Jan 6 (Reuters) - South African blue-chips raced to a 3 month high on Tuesday as stimulus plans buoyed global equities and stronger copper prices spurred BHP Billiton and Anglo American, while the rand weakened against the dollar. Notching up its 6th straight session of gains, the Johannesburg Top-40 index of blue-chip stocks rose 3.08 percent to 20,825.09 points, its highest level ...
(AFX UK Focus) 2009-01-06 16:09 Glance-STOCKS NEWS EUROPE-Banks stocks not cheap - Citi Tuesday, January 6, 2009 @ 4:17PMSTOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News
U.S. Stock-Index Futures Advance; GM, Citigroup Gain in Europe Friday, January 2, 2009 @ 12:52PMJan. 2 (Bloomberg) -- U.S. stock-index futures advanced, indicating the Standard & Poor’s 500 may gain on the first day of trading in 2009 after posting the biggest annual decline since the Great Depression.
First BanCorp Announces Payment of Preferred Dividends Friday, January 2, 2009 @ 12:45PM SAN JUAN, Puerto Rico----First BanCorp announced today that its Board of Directors has declared the next payment of dividends on First BanCorp’s Series A through E Preferred Shares.
The View From Here . . . Friday, January 2, 2009 @ 12:38AM2008 was certainly a tumultuous year. While there were other important stories, the year was dominated by two related major events -- a sharp downturn in the economy and the election of Barack Obama as the 44th president of the United States.
Aussie stocks open year higher after commodities gain Friday, January 2, 2009 @ 12:16AMThe Australian sharemarket opened the year higher as energy and metal producers gained on rises in commodity prices. At 8.19am, the benchmark S&P/ASX200 index was up 14.5 points, or 0.39 per
Anil is top loser, $30 bn off his kitty Thursday, January 1, 2009 @ 8:30PMIndustrialist Anil Ambani continues to be the focus of the US magazine Forbes, but this time for topping the list of Billionaire Blowups of 2008. He turned the biggest loser in less than a year of being touted as the biggest gainer in the world.
Bajaj family dispute comes to an end Thursday, January 1, 2009 @ 8:15PMThe six-year-old Bajaj family dispute over the division of group companies and assets came to an end Thursday with brothers Rahul Bajaj and Shishir Bajaj withdrawing their petitions from the Company Law Board (CLB).
Sensex recovers 256 points Thursday, January 1, 2009 @ 8:05PMMUMBAI: The year 2009 commenced on a promising note as the Bombay Stock Exchange benchmark Sensex surged over 256 points on Thursday on heavy buying by funds on falling inflation data and expectations of another stimulus package from the ...
Blue Note announces acquisition of equity interest in Dynamite Resources Thursday, January 1, 2009 @ 7:58PM Blue Note Mining Inc. announced its acquisition yesterday of 12,571,500 common shares of Dynamite Resources Ltd. representing approximately 11.09% of the total issued common shares of Dynamite.
Apple plans for low-cost iPhone Thursday, January 1, 2009 @ 1:23AMCupertino-based Apple Inc. will probably begin selling a lower-priced version of the iPhone in the first half of next year, tapping a new chipmaker for a key component, according to Friedman, Billings, Ramsey & Co.
(AFX UK Focus) 2008-12-31 06:33 RPT-GLOBAL MARKETS-Grimmest of years ends with touch of hope Wednesday, December 31, 2008 @ 6:48AMBy Rafael Nam
Household wealth losses a great concern / Interview with Michelle Girard Wednesday, December 31, 2008 @ 6:47AMMichelle Girard is a managing director and senior economist at RBS Greenwich Capital. She often appears on CNN, CNBC, Nightly Business Report, Bloomberg, and Fox News.
ShareChat News: Market Close: Air NZ gains, retailers slide as 2008 ends Wednesday, December 31, 2008 @ 6:44AMAir New Zealand rose 7.8% on the final day of 2008 while retailers Michael Hill International, Pumpkin Patch and Hallenstein Glasson Holdings fell, rounding out the worst year for the benchmark since 1990.
Tough year for real estate sector as demand dips Wednesday, December 31, 2008 @ 6:43AMWhat goes up has to come down. On a high since 2005, the Indian property market discovered in 2008 what a descent is like, with demand, particularly for housing, falling by up to 50 per cent that triggered 15-20 per cent decline in prices.
2009 Is Time For Financial Tune-Up Wednesday, December 31, 2008 @ 6:42AMWHEELING - After a year of devastating losses, the stock market may have the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines, waiting to be invested.
Team, Inc. Announces Earnings Conference Call for Wednesday, January 7, 2009 at 9:00 am Eastern time (8:00 am Central) Tuesday, December 30, 2008 @ 5:34PM ALVIN, Texas----Team, Inc., , will have an earnings conference call on Wednesday, January 7, 2009 at 9:00 am Eastern Time to discuss its earnings release for the second quarter of fiscal 2009.
(AFX UK Focus) 2008-12-29 20:06 US STOCKS-Market falls on Dow Chemical news, economic worry Monday, December 29, 2008 @ 8:34PMBy Chuck Mikolajczak
(AFX UK Focus) 2008-12-29 20:00 STOCKS NEWS US-Barclays: Dow/Rohm deal may not be hurt by Kuwait Monday, December 29, 2008 @ 8:33PMStocks on the move Real-Time Equity news U.S. stock market report
Smartphones Need Stronger Malware Protection, Report Finds Monday, December 29, 2008 @ 8:30PMSmartphone Security: Solving the Mobile Malware Problem examines the mobile malware security sector, including analysis of the most imminent mobile malware threats, how solutions to counter mobile malware are shaping up, and strategies for carriers, enterprises, and end users to address the malware issue.
Canadians upbeat heading into 2009 Monday, December 29, 2008 @ 8:30PMA new poll suggests a significant majority of Canadians remain optimistic as they look ahead to 2009 - notwithstanding all the gloomy talk about a looming recession.
U.S. stocks fall as rising oil prices pressure consumer stocks Monday, December 29, 2008 @ 8:29PM U.S. stocks fall, but are off their worst levels of the day, as rising crude prices pressure consumer-related stocks while investors ditch some of their worst-performing financial stocks.
Stocks First, Economy Second Monday, December 29, 2008 @ 8:28PMEquities may already be at their nadir.
Economy AM Monday, December 29, 2008 @ 8:18PMIt was a dismal holiday for retailers. Stores sales plunged as much as 8% and online sales dropped for the first time since they’ve been recorded.
(AFX UK Focus) 2008-12-29 19:47 UPDATE 1-Calamos says subsidiary prepays $400 in debt Monday, December 29, 2008 @ 8:18PMBOSTON, Dec 29 (Reuters) - Small U.S. money manager Calamos Asset Management Inc said on Monday a subsidiary had cut its long-term debt by prepaying $400 million of borrowings made through issue of notes. Calamos said the prepayments followed revised agreements its subsidiary, Calamos Holdings LLC, struck with the holders of the notes on Dec. 22 and were done to keep its indebtedness in line ...
Clal Finance: Gaza operation could harm credit rating Sunday, December 28, 2008 @ 1:09PMClal Finance stressed that for the moment, economic factors such as growth, inflation and interest rates are a stronger influence on the markets than developments in Gaza.
Market rules to remember Sunday, December 28, 2008 @ 12:55PMRobert Farrell was the chief market strategist for Merrill Lynch between 1967 and 1992 and was considered quite a legend in his time. He had a list that circulated around the financial community years ago called Ten Market Rules to Remember.
Amazon Claims ‘Best Ever’ Christmas (Whatever That Means) Sunday, December 28, 2008 @ 3:28AMFor retailers, the holiday shopping season was the worst in decades . Even so, Amazon.com said Friday that it had its “best ever” holiday. On Amazon’s peak day, Dec. 15, customers ordered a record 6.3 million items, or almost 73 items each second, the company said.
Lenders report boom in refinancing Sunday, December 28, 2008 @ 3:26AMSPRINGFIELD (GHNS) — Steve Hartman purchased his first home this month. Four days later, he refinanced the mortgage.
A dark winter on Broadway Sunday, December 28, 2008 @ 3:15AMShows are canceling or closing, as investors declare this no time to take chances. The theater community can only hope for a spring awakening. They added four new songs, lined up a big theater and psyched up their backers. The producers of "Vanities, A New Musical," originally staged at the Pasadena Playhouse, then announced it was opening on Broadway in February.
Motley Fool: Research stock bargains Sunday, December 28, 2008 @ 2:48AM Q: What are good signs for buying stocks? - R.S., Pittsburgh
News in brief Sunday, December 28, 2008 @ 2:32AMHere are a selection of brief news items from this week’s paper edition, and possibly a few news briefs that didn’t make it in the paper.
Year in Review: Crossing the red line Sunday, December 28, 2008 @ 2:29AMWith empty factory parking lots and packed car inventory lots, a tide of red ink overwhelmed many of Detroit’s hockey fans during a Stanley Cup season. If it can happen in one of the NHL’s strongest markets, can other teams withstand a major economic crosscheck?
This year will be remembered for many things, but eight Rhode Islanders left a special mark. Sunday, December 28, 2008 @ 1:14AMThe U.S. Senate is a small town where people size each other up pretty quickly. Long before it was clear that he would be the Democratic presidential nominee, Barack Obama sized up Jack Reed as a source of sound advice on defense and foreign affairs.
For Obama, huge challenges vs. big assets Saturday, December 27, 2008 @ 1:14PMWASHINGTON (AP) — Barack Obama will inherit two wars and the worst economic conditions in three generations when he takes the oath of office on Jan. 20. Ironically, that challenge might be a blessing for the president-elect — unemployment is so high and consumer confidence so low that even modest improvements will let him claim progress.
What can we do to survive tough economic times? Saturday, December 27, 2008 @ 1:08PMEditor #8217;s note: This is one in a series of stories The News-Sentinel will publish about the recession #8217;s effects on the area, with advice and perspective for local residents.
How Keith met his princess Saturday, December 27, 2008 @ 1:00PMA NEW book by Jeff Apter explores the love match of a seemingly odd couple - Nicole Kidman and Keith Urban and reveals how they first met.
Light seen on fiscal horizon Saturday, December 27, 2008 @ 12:47PMChapman University President and economist James Doti spent the first 10 minutes of his popular annual economic forecast jokingly wallowing in self-satisfaction for having the foresight to predict a recession and a precipitous drop in housing prices when many economists were more optimistic.
Russian shares fall 2-6 pct, oil keeps investors on alert Thursday, December 25, 2008 @ 6:31PMMOSCOW, December 25 (Itar-Tass) -- Most Russian top tier securities closed 2.1-5.5 lower on the MICEX Thursday on news the barrel of the Brent blend had slumped by nearly 9.5 percent.