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Posted by admin on December 19, 2008 under News | 
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Stocks so awful, best to just keep walking
Yesterday, we looked at the Dangerous Model Portfolio, a list of Canadian stocks best avoided, one of the many model portfolios developed by Toronto-based equity research firm CPMS Computerized Portfo…
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Fed fallout weighs on dollar (Reuters)
Reuters – The dollar hit a 2-1/2 month low against the euro and held close to a 13-year low versus the yen on Thursday, pressured by the Federal Reserve’s aggressive rate cut this week, while European stocks ticked higher.
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Glance-STOCKS NEWS EUROPE-PureCircle up on FDA approval for sweetener
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 10:57GMT 18Dec2008-PureCircle up after gets FDA approval for sweetener ——————————————————…
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Wall St tumbles after S&P threatens GE, oil falls (Reuters)
Reuters – Stocks fell for the second day on Thursday after Standard & Poor’s threatened to strip General Electric of its ‘AAA’ credit rating and slumping oil prices crippled energy shares.
Posted by admin on December 18, 2008 under News | Be the First to Comment
U.S. stocks fall; TSX glitch halts trading
TORONTO – Canadian-listed stocks were shut out of trading on the country’s primary exchange Wednesday after a morning glitch paralyzed both the Toronto Stock Exchange and small-cap Venture Exchange,…
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Obama taps veteran regulator to head under-fire SEC (AFP)
AFP – President-elect Barack Obama Thursday nominated Mary Schapiro to take over the Securities and Exchange Commission, an agency under withering fire for its lapses in the current market turmoil.
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Wall Street edges lower amid downbeat corporate news
Wall Street closed lower on Wednesday, as the market digested a bunch of downbeat corporate news and investors cashed out after the previous big rally. Worse-than-expected earnings reports weighed on …
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Fallout over Madoff ripples through Washington (AP)
AP – As Bernard Madoff returned home to his Manhattan apartment, it was impossible to overlook the disorder he has brought on with his alleged $50 billion investment fraud.
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Computer Glitch Shuts Down Toronto Stock Exchange For The Day – Canadian Commentary
(RTTNews) – Toronto Stock Exchange and TSX Venture Exchange was unexpectedly closed on Wednesday due to continuing technical issues with its data feeds. The TSX said it intends to open the exchanges …
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Madoff in house arrest, SEC under fire (Reuters)
Reuters – Disgraced Wall Street investment manager Bernard Madoff, accused of orchestrating a $50 billion fraud, was put under house arrest on Wednesday.
