GE gets “Wells notice” in SEC accounting probe (Reuters)

Posted by admin on September 8, 2008 under News | Be the First to Comment

GE gets “Wells notice” in SEC accounting probe (Reuters)
Reuters – General Electric Co said on Friday it had been notified by U.S. regulators that a civil complaint could be filed against the company following a more than three-year-long probe into its use of hedge accounting for derivatives and other accounting matters.

Ten international stocks that will set you up for the long haul

Posted by admin on September 7, 2008 under News | Be the First to Comment

Ten international stocks that will set you up for the long haul
BOSTON (MarketWatch) — If it's good enough for Warren Buffett, it should be good enough for you. Or at least it should be if you are looking for an international stock that you can buy and hold for t…

German fertiliser group KS joins blue-chip DAX index (AFP)

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German fertiliser group KS joins blue-chip DAX index (AFP)

German fertiliser group K+S will join the DAX 30 index of blue-chip stocks, reflecting its growing business as prices for commodities and foods rise globally. Frankfurt stock market operator Deutsche Boerse said late Wednesday that K+S, originally known as Kalie und Salz (Potassium and Salt), will replace the transport and tourism group TUI.(DDP/AFP/File/Martin Oeser)AFP – German fertiliser group K+S will join the DAX 30 index of blue-chip stocks, reflecting its growing business as prices for commodities and foods rise globally.


FTSE suffers its worst weekly fall in six years

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FTSE suffers its worst weekly fall in six years
London: Britain's top share index ended down 2.3 per cent on Friday, registering its biggest weekly fall in six years, as banks and commodity stocks fell on global economic worries after the US jobles…

European shares mostly lower before interest rate calls (AFP)

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European shares mostly lower before interest rate calls (AFP)

A trader watches France's CAC 40 index of top shares at a private banking company in Paris, January 2008. Share prices fell sharply in Frankfurt and Paris ahead of European Central Bank president Jean-Claude Trichet's press conference due after the central bank's latest call on interest rates.(AFP/File/Jean Ayissi)AFP – Share prices fell sharply in Frankfurt and Paris on Thursday ahead of European Central Bank president Jean-Claude Trichet’s press conference due after the central bank’s latest call on interest rates.


Stocks eke out tiny materials-led gain in losing week

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Stocks eke out tiny materials-led gain in losing week
SAN FRANCISCO (MarketWatch) — Canadian stocks eked out a tiny gain Friday, as some materials shares rose in the aftermath of a week marred by sell-offs in energy and resource shares.

US stocks fall on poor retail sales figures (FT.com)

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US stocks fall on poor retail sales figures (FT.com)
FT.com – A battered financial sector led Wall Street into bear market territory on Thursday, as Bill Gross, manager of the bond fund Pimco, warned that a “financial tsunami” could ensue if the government failed to support markets.

Ten international stocks that will set you up for the long haul

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Ten international stocks that will set you up for the long haul
BOSTON (MarketWatch) — If it's good enough for Warren Buffett, it should be good enough for you. Or at least it should be if you are looking for an international stock that you can buy and hold for t…

US stocks fall on poor retail sales figures (FT.com)

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US stocks fall on poor retail sales figures (FT.com)
FT.com – A battered financial sector led Wall Street into bear market territory on Thursday, as Bill Gross, manager of the bond fund Pimco, warned that a “financial tsunami” could ensue if the government failed to support markets.

World markets sink after Wall Street plunge

Posted by admin on September 6, 2008 under News | Be the First to Comment

World markets sink after Wall Street plunge
London: World stock markets fell sharply on Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping US economy. Disappointing reports on US retail sales and jobless cla…