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Posted by admin on December 20, 2008 under News | 
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Equities Unable To Gain Ground After U.S. Reaches Carmaker Deal
Key Latin American stock markets finished lower Friday, unable to log gains after U.S. automakers won an emergency-loan package from the government after months of volatile negotiations.
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Automakers jump after TARP made available (Reuters)
Reuters – Shares of General Motors Corp and Ford Motor Co rose before the opening bell on Friday after a senior U.S. official said the White House would make available loans from the Troubled Asset Relief Program to ailing auto manufacturers.
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Early Auto Bailout Rally On Wall Street Fades By The Close
(RTTNews) – While stocks showed a strong upward move in early trading on Friday on the news of a government bailout of the auto industry, the markets gave back some ground over the course of the day….
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NY gov: Goldman’s lost bonuses cost state millions (AP)
AP – Underscoring how closely the fates of Wall Street and New York are intertwined, Gov. David Paterson said Friday that a single moment in the financial crisis
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REFILE-Europe stocks down after a brief rise on auto news
LONDON, Dec 19 (Reuters) – European shares turned briefly positive on Friday before falling back in choppy trade after the White House said it will make available loans from the Troubled Asset Relief …
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Stocks end bumpy session relatively flat (AP)
AP – Stock prices pared earlier gains to end a choppy day relatively flat on Friday, as Wall Street remained uncertain that a $17.4 billion lifeline for U.S. automakers will make a lasting difference for the beleaguered industry.
Posted by admin on December 19, 2008 under News | Be the First to Comment
Choose Stocks that Might Benefit from Obama
you can't expect the incoming occupant of the White House to single-handedly revive the stock market, but a few key market sectors—including infrastructure, alternative energy, and healthcare&md…
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Obama promises to bolster financial regulation (Reuters)
Reuters – President-elect Barack Obama promised on Thursday to strengthen financial regulatory agencies and crack down on runaway “greed and scheming” in an effort to restore stability to a reeling U.S. economic system.
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Corrected-stocks News Uk Small-cape Up…
STOCKS NEWS Reuters Results diary Europe Real-time Equity News UK Stocks on the move UK smallcaps (Corrects first paragraph to fix incorrect share price) 13:04GMT 18Dec2008-Cape up as it confirms bid …
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Schapiro pledges aggressive response (AP)
AP – The woman chosen by President-elect Barack Obama to head the Securities and Exchange Commission is calling for an “aggressive systemic response” to the crisis faced by the financial system.
