Nasdaq And S&P 500 Move Firmly Into Positive Territory

Posted by admin on January 25, 2009 under News | Read the First Comment

Nasdaq And S&P 500 Move Firmly Into Positive Territory
(RTTNews) – Stocks have shown a notable move to the upside in recent trading on Friday, with the Nasdaq and the S&P 500 moving firmly into positive territory. The Dow has moved further off its lows, …

GM escapes SEC accounting probe without penalty (AP)

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GM escapes SEC accounting probe without penalty (AP)
AP – General Motors Corp. escaped from a federal accounting probe without penalty Thursday when the Securities and Exchange Commission settled charges that GM’s mistakes violated federal laws.

Gold, oil prices rise as stocks finish mixed

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Gold, oil prices rise as stocks finish mixed
Gold prices spiked on Friday to a three-month high, boosted by soaring oil prices and investors seeking safety amid the market turmoil.Gold for February delivery rose $37 to settle at $895.80 an ounce…

Wall Street’s culture of entitlement hard to shake (AP)

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Wall Street’s culture of entitlement hard to shake (AP)
AP – John Thain should have known the rules.

Aflac more exposed to hybrid securities than rivals, UBS says

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Aflac more exposed to hybrid securities than rivals, UBS says
SAN FRANCISCO (MarketWatch) — Aflac Inc. is a lot more exposed to so-called hybrid securities than rival insurers, UBS analyst Andrew Kligerman said on Friday.

NYSE eases minimum market cap rule amid turmoil (AFP)

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NYSE eases minimum market cap rule amid turmoil (AFP)

Traders work on the floor of the New York Stock Exchange on January 14, 2009 in New York City. The New York Stock Exchange said Friday it was easing temporarily its market capitalization minimum for companies to be listed due to current financial turmoil.(AFP/Getty Images/File/Stephen Chernin)AFP – The New York Stock Exchange said Friday it was easing temporarily its market capitalization minimum for companies to be listed due to current financial turmoil.


Techs rally, blue chips slump

Posted by admin on January 24, 2009 under News | Be the First to Comment

Techs rally, blue chips slump
NEW YORK (CNNMoney.com) — Google's upbeat earnings helped propel the Nasdaq Friday afternoon, but GE dragged on the Dow Jones industrial average, leaving stocks mixed at the end of a down week on Wal…

World stocks close bad week on poor footing (AFP)

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World stocks close bad week on poor footing (AFP)

Pedestrians pass before a share prices board in Tokyo. An unending torrent of bad economic and corporate news pushed global stock markets lower again Friday, with every attempted advance undercut before investors could gain any momentum.(AFP/Yoshikazu Tsuno)AFP – An unending torrent of bad economic and corporate news pushed global stock markets lower again Friday, with every attempted advance undercut before investors could gain any momentum.


Arab bourses sink anew on 2008 results

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Arab bourses sink anew on 2008 results
AMMAN – Arab stock markets suffered fresh setbacks this week under pressure of worsening performance of listed firms and bad news coming from global markets, financial analysts said Friday.

World markets fall as UK slides into recession (AP)

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World markets fall as UK slides into recession (AP)

Investors discuss at a private securities company Friday, Jan. 23, 2009, in Shanghai, China. Asian stock markets fell Friday, with Japan's benchmark tumbling almost 4 percent, as grim news about major companies like Microsoft and Sony underscored the depth of the worst global slowdown in decades. Ever major market in the region retreated, giving up most of the gains from the previous session when investors shrugged off gloomy economic data about China and Japan and sent stocks higher. Shanghai's benchmark was down 0.7 percent. (AP Photo/Eugene Hoshiko)AP – World markets fell Friday as investors were disheartened by weak corporate and economic figures and confirmation that Britain plunged into recession at the end of last year.