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Posted by admin on September 12, 2008 under News | 
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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 11, 2008 under News | Be the First to Comment
Stocks end moderately higher as Street mulls Lehman plan; energy, materials give market a lift
Tim Paradis September 10, 2008 – 7:48 p.m. NEW YORK (AP) – Stocks ended a temperamental session moderately higher Wednesday as investors bought up the stocks of energy, materials and consumer-sta…
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Merrill, Goldman, Morgan fall after Lehman (Reuters)
Reuters – Shares of top U.S. investment banks fell on Wednesday after Lehman Brothers posted a steeper-than-expected quarterly loss and slashed its annual dividend.
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Stocks rise as energy, consumer staples gain
NEW YORK – Stocks rose Wednesday, a day after a steep sell-off, as investors took positions in sectors such as energy, materials and consumer staples. The major indexes rose more than 1 percent,…
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FTSE ends lower on Lehman woes (AFP)
AFP – The FTSE 100 index closed lower on Wednesday as ailing US investment bank Lehman Brothers unveiled huge write-downs linked to the subprime mortgage crisis.
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Updates, advisories and surprises
) the New Orleans provider of funeral-related products and services, reported fiscal third-quarter earnings rose 12% on 2.2% higher revenue. For the quarter ended July 31, net income reached $9.1 mi…
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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 10, 2008 under News | Be the First to Comment
Disappointing Lehman results hit world stocks
By Robert EvansGENEVA (Reuters) – International scientists celebrated the successful start of a huge particle-smashing machine on Wednesday which aims to simulate the conditions of the "Big Bang" that…
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Wall St. gains as energy, tech offset bank fears (Reuters)
Reuters – Stocks rose on Wednesday as OPEC’s move to shore up oil prices boosted energy shares and Texas Instruments’ outlook soothed fear about technology spending even as worries persisted about the health of the banking sector.
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Prices slump on Taipei bourse
Taipei, Sept. 9 (CNA) Taiwan's share prices tumbled Tuesday, with the weighted index, the market's key barometer, falling 233.92 points, or 3.51 percent, to close at 6,424.77. Suffering a drop after t…
