Hot Stock on the Move: GCHK – March 10, 2009

Posted by admin on March 11, 2009 under News | Read the First Comment

Hot Stock on the Move: GCHK – March 10, 2009
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How the Dow Jones industrials fared Tuesday (AP)

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How the Dow Jones industrials fared Tuesday (AP)

A trader works on the floor of the New York Stock Exchange, March 10, 2009. U.S. stocks posted their best day in more than three months on Tuesday after Citigroup said it was profitable in the first two months of 2009.     REUTERS/Brendan McDermid (UNITED STATES BUSINESS)AP – Wall Street has had its best rally since late November after some good news from Citigroup. The company said it operated at a profit during the first two months of the year. That energized financial stocks and in turn, the entire market. Many analysts are still cautious

13 New Alternative Energy Stocks Added; 15 Stocks Deleted from Ardour Global Alternative Energy Index in Quarterly Rebalancing

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13 New Alternative Energy Stocks Added; 15 Stocks Deleted from Ardour Global Alternative Energy Index in Quarterly Rebalancing
The Ardour Global Alternative Energy Indexâ„  (TICKER: AGIGL) will add 13 new components, effective 9:00 AM (EST) Monday March 23, 2009. 15 stocks will be deleted from the index, changing the numb…

European equities rally on bargain hunting (AFP)

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European equities rally on bargain hunting (AFP)

A woman walks past an electronic sign showing the progress of the FTSE 100 share index in London, October 2008. In morning European deals, London's FTSE 100 index of leading shares gained 1.25 percent to 3,586.56 points(AFP/File/Carl de Souza)AFP – European stocks rebounded Tuesday, despite a new 26-year low in Tokyo, as investors fished for bargain stocks following recent turmoil in the banking sector.


U.S. stocks slammed again amid panic-driven trading

Posted by admin on March 10, 2009 under News | Be the First to Comment

U.S. stocks slammed again amid panic-driven trading
NEW YORK (MarketWatch) — U.S. stocks on Monday finished lower, with investors remaining wary despite renewed deal-making activity. "People continue to be in panic-driven liquidation mode. These marke…

Wall St slips as drug M&A overshadows banks (Reuters)

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Wall St slips as drug M&A overshadows banks (Reuters)

Bernard Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. An international alliance of lawyers representing victims of alleged Wall Street fraudster Bernard Madoff was to meet Monday in New York as expectations grew that the disgraced financier will plead guilty.(AFP/File/Timothy A. Clary)Reuters – U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck’s proposed a $41 billion takeover of Schering-Plough .


Dollar gets lift vs. rivals from safe-haven buying

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Dollar gets lift vs. rivals from safe-haven buying
SAN FRANCISCO (MarketWatch) — The U.S. dollar rose against other major currencies Monday, as falling global equity markets and worries over the world economy boosted safe-haven demand for the greenba…

How the Dow Jones industrials fared Monday (AP)

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How the Dow Jones industrials fared Monday (AP)

Bernard Madoff leaves US Federal Court after a hearing regarding his bail on January 14, 2009 in New York. An international alliance of lawyers representing victims of alleged Wall Street fraudster Bernard Madoff was to meet Monday in New York as expectations grew that the disgraced financier will plead guilty.(AFP/File/Timothy A. Clary)AP – Investors fixated on the faltering economy Monday brushed off the type of merger news that normally starts rallies. Uneasiness about the economy eclipsed a bounce in troubled financial stocks as well as news of a merger between drugmakers Merck & Co. and Schering-Plough Corp. Stocks rose in the early going but turned lower in a now familiar pattern where short-lived bursts of optimism give way to concerns about the country’s economic woes.


Shares edge higher despite higher oil prices

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Shares edge higher despite higher oil prices
NEW YORK (MarketWatch) — Despite higher oil prices and a sluggish market, investors were snatching up airline stocks that were hammered in the last two weeks to new lows.

World stocks spiral lower on fresh financial woes (AFP)

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World stocks spiral lower on fresh financial woes (AFP)

Pedestrians walk past a share prices board in Tokyo. World stock markets fell sharply Monday as banking and economic woes returned to haunt investors, with Tokyo tumbling to a fresh 26-year low and London striking six-year depths.(AFP/Yoshikazu Tsuno)AFP – World stock markets fell sharply Monday as banking and economic woes returned to haunt investors, with Tokyo tumbling to a fresh 26-year low and London striking six-year depths.