P&G SEC filing confirms antitrust probes (AP)

Posted by admin on September 4, 2008 under News | Be the First to Comment

P&G SEC filing confirms antitrust probes (AP)
AP – Authorities in the United Kingdom are investigating potential antitrust violations involving an unnamed Procter & Gamble Co. subsidiary, the consumer products company said Thursday in a Securities and Exchange Commission filing.

2 Wall St. brokers accused of $1B subprime fraud

Posted by admin on under News | Be the First to Comment

2 Wall St. brokers accused of $1B subprime fraud
News ) – A former Wall Street broker pleaded not guilty Wednesday to charges he and a colleague duped investors into purchasing more than $1 billion in high-risk securities by making it look as though…

Toronto stocks dive in resource-driven retreat (Reuters)

Posted by admin on under News | Be the First to Comment

Toronto stocks dive in resource-driven retreat (Reuters)

A Toronto Stock Exchange (TSX) logo is seen in Toronto in this November 9, 2007 file photo. REUTERS/Mark BlinchReuters – The Toronto Stock Exchange sold off sharply for a second day in a row on Wednesday, giving up more than 2 percent by late morning in a broad decline led by resource shares, which followed commodities lower.


Futures point to weaker Wall Street opening

Posted by admin on September 3, 2008 under News | Be the First to Comment

Futures point to weaker Wall Street opening
Stock index futures pointed to a slightly lower opening on Wall Street on Wednesday, after giving up gains late on Tuesday and closing lower.* By 5:57 a.m. EDT, S&P 500 futures, Dow Jones futures and …

Asia stock markets tumble on worries about slump (AP)

Posted by admin on under News | Be the First to Comment

Asia stock markets tumble on worries about slump (AP)

South Korean workers walk past an electronic stock board at the Korea Stock Exchange in Seoul, South Korea, Monday, Sept. 1, 2008. South Korean shares fell sharply Monday, diving to their lowest level in more than 17 months on investor pessimism amid multiyear weakness in the South Korean won. The Korea Composite Stock Price Index declined 59.81 points, or 4.1 percent, to 1,414.43, the lowest level since March 14, 2007. (AP Photo/ Lee Jin-man)AP – Stocks fell around the world Monday, led by Asian exchanges as concerns about a slowing global economy weighed heavily on the markets. Oil prices declined sharply as Hurricane Gustav weakened, but investors were still waiting to see how much damage the storm might do to Gulf Coast oil operations.


Afternoon selling leads tech stocks down at close

Posted by admin on under News | Be the First to Comment

Afternoon selling leads tech stocks down at close
SAN FRANCISCO (MarketWatch) — Most leading technology stocks closed with losses Tuesday as gains that came from a drop in oil prices failed to hold and Google Inc. debuted a Web browser to open a new…

P&G SEC filing confirms antitrust probes (AP)

Posted by admin on under News | Be the First to Comment

P&G SEC filing confirms antitrust probes (AP)
AP – Authorities in the United Kingdom are investigating potential antitrust violations involving an unnamed Procter & Gamble Co. subsidiary, the consumer products company said Thursday in a Securities and Exchange Commission filing.

Coca-Cola bids $2.4 billion for China Huiyuan Juice

Posted by admin on under News | Be the First to Comment

Coca-Cola bids $2.4 billion for China Huiyuan Juice
HONG KONG (MarketWatch) — Coca-Cola Co., expanding in what Chief Executive Muhtar Kent said is a fast-growing and dynamic Chinese juice market, said Wednesday it is offering as much as $2.4 billion t…

TSX battered by weak resource issues (Reuters)

Posted by admin on under News | Be the First to Comment

TSX battered by weak resource issues (Reuters)

A Toronto Stock Exchange (TSX) logo is seen in Toronto in this November 9, 2007 file photo. REUTERS/Mark BlinchReuters – The Toronto Stock Exchange’s main index was hammered by a selloff in resources on Tuesday, plunging more than 3 percent as commodity prices fell, marking its worst day in more than seven months.


Wall Street Tumbles As Personal Income Falls

Posted by admin on under News | Be the First to Comment

Wall Street Tumbles As Personal Income Falls
Posted on: Tuesday, 2 September 2008, 09:00 CDT Wall Street tumbles as personal income falls NEW YORK, Aug. 29 (Xinhua) — Wall Street lost some ground in morning trading Friday, as the U.S. governme…