Meltdown in US finance system pummels stock market (AP)

Posted by admin on September 15, 2008 under News | Be the First to Comment

Meltdown in US finance system pummels stock market (AP)

Elizabeth Rose, a specialist with Lehman Brothers MarketMakers, works her post on the trading floor of the New York Stock Exchange, Monday, Sept. 15, 2008.  A stunning reshaping of the Wall Street landscape sent stocks down sharply Monday, but the pullback appeared relatively orderly  </p>

    
       
                
        
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Local stocks end down on US fears

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Local stocks end down on US fears
Asian markets also finished sharply lower, although holidays in China and Japan contained the damage. The selling continued in Europe tonight, with most markets opening more than 2 per cent lower. The…

London stock market dives more than 5% (AFP)

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London stock market dives more than 5% (AFP)

People walk past the London Stock Exchange. London's FTSE 100 index of leading shares plunged 5% in midday trade following the collapse of US investment giant Lehman Brothers.(AFP/File/Shaun Curry)AFP – London’s FTSE 100 index of leading shares plunged 5.25% in midday trade on Monday following the collapse of US investment giant Lehman Brothers.


Mexican Equities Lose Ground; Brazil Stretches Advance

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Mexican Equities Lose Ground; Brazil Stretches Advance
, largely because of the weaker euro. Credit Suisse noted Friday that the company may face a higher effective tax rate because of a Mexican Supreme Court decision overturning a ruling that protect…

London stock market slides 2.28% at open (AFP)

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London stock market slides 2.28% at open (AFP)

People walk past the London Stock Exchange. London's FTSE 100 index of leading shares slid 2.28 percent at the start of trading straight after falling by 0.72 percent at the open, following the collapse of US investment giant Lehman Brothers.(AFP/File/Shaun Curry)AFP – London’s FTSE 100 index of leading shares slid 2.28 percent at the start of trading on Monday straight after falling by 0.72 percent at the open, following the collapse of US investment giant Lehman Brothers.


Gold rises for first time in 10 sessions as dollar weakens

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Gold rises for first time in 10 sessions as dollar weakens
NEW YORK (MarketWatch) — Gold futures rose on Friday, as a steep fall in the dollar encouraged investors to buy the precious metal following nine straight sessions of losses, gold's longest losing st…

FTSE lower as banks, retailers fall (AFP)

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FTSE lower as banks, retailers fall (AFP)

People walk past a Sainsbury's supermarket in north London. London shares have slumped for the third day in a row, pulled down by losses for retailers and banks as the global economic outlook turned darker still.(AFP/File/Leon Neal)AFP – London shares slumped for the third day in a row on Thursday, pulled down by losses for retailers and banks as the global economic outlook turned darker still.


Threshold back in Nasdaq compliance

Posted by admin on September 14, 2008 under News | Be the First to Comment

Threshold back in Nasdaq compliance
hit the Nasdaq market’s minimum bid price requirement and the company’s shares will continue to be listed on the Nasdaq Capital Market. Redwood City-based Threshold (NASDAQ: THLDD) said W…

Wobbly Wall Street keeps its feet (AFP)

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Wobbly Wall Street keeps its feet (AFP)

Traders work on the floor of the New York Stock Exchange on September 4, 2008 in New York City. The ride on Wall Street has gotten bumpier over the past week as economic and credit jitters have intensified, but the stock market has managed to hold fast in the face of turbulence.(AFP/Getty Images/File/Spencer Platt)AFP – The ride on Wall Street has gotten bumpier over the past week as economic and credit jitters have intensified, but the stock market has managed to hold fast in the face of turbulence.


Giant of Wall St. teeters amid fear of wider crisis

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Giant of Wall St. teeters amid fear of wider crisis
Fearing that Lehman Brothers is only days away from collapse, U.S. government officials and senior Wall Street executives met Saturday to try to arrest a downward spiral that might imperil other finan…