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Posted by admin on September 13, 2008 under News | 
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FTSE lower as banks, retailers fall (AFP)
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.
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Regional bourses in trading system drive
Known as a Smart Order Routing System, it expected to allow market players within the region to trade without altering market policies governing the individual markets.
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CIBC World Markets cuts S&P/TSX year-end target (Reuters)
Reuters – CIBC World Markets lowered year-end target for the S&P/TSX composite index, the Toronto Stock Exchange’s main index, on soft global growth prospects and selling pressure on the markets.
Posted by admin on September 12, 2008 under News | Be the First to Comment
Wall Street higher, shakes off fear on Lehman
U.S. stocks staged a late rebound Thursday as the market bounced off lows, shaking off fears about the financial sector and a battle for survival by investment giant Lehman Brothers.In a dramatic reve…
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FTSE boosted by banks, commodities (AFP)
AFP – London shares closed higher on Friday, after three consecutive days of losses, as banks and commodities gave the FTSE a boost.
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International stocks that travel well
Taking aim at target-date funds It seems over, over there. Just when investors were getting comfortable with international investing, the big gains from stocks in Europe, Asia and Latin America …
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Stocks fall after drop in retail sales (AP)
AP – Stocks retreated Friday following an unexpected slowdown at cash registers last month and as investors tried to glean insights into Lehman Brothers Holdings Inc.’s race to sell itself or somehow shore up Wall Street’s confidence.
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Kuwaiti stocks end week 6 percent lower amid cash crunch
KUWAIT: Kuwaiti stocks ended the week through Thursday down 6 percent on lack of cashflow drained by huge initial public offerings (IPO) and a strict monetary policy to combat inflation, analysts said…
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Lehman stumbles on broker downgrades (Reuters)
Reuters – Lehman Brothers tumbled on Thursday after several brokers downgraded the shares on the investment bank and forecast further losses due to business uncertainty.
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Another big oil discovery off Brazil boosts Petrobras, partners
LONDON (MarketWatch) — Companies led by Petrobras encountered fresh success in a field offshore of Brazil, saying a recent oil find in the Santos Basin contains up to 4 billion barrels of oil.
