Sector up despite grim holiday numbers

Posted by admin on December 26, 2008 under News | Be the First to Comment

Sector up despite grim holiday numbers
CHICAGO (MarketWatch) — Retail shares rose Friday as the sector's main indicator gained in early trading, defying yet another bleak report on holiday shopping patterns.

Stocks up after GMAC lifeline, dip in retail sales (AP)

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Stocks up after GMAC lifeline, dip in retail sales (AP)

The building that houses the office of Access International Advisors, co-founded by Thierry de la Villehuchet of France, on Madison Avenue in New York. US authorities have been investigating the apparent suicide Villehuchet, who lost more than a billion dollars in Wall Street titan Bernard Madoff's alleged pyramid scheme, as the widening scandal took a tragic turn.(AFP/File/Stan Honda)AP – Wall Street rose modestly in light post-holiday trading Friday, but was still cautious about embarking on a year-end rally following dreary preliminary readings on holiday spending.


Japanese market trades higher on bargain hunting, Wall Street lead

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Japanese market trades higher on bargain hunting, Wall Street lead
(RTTNews) – The Japanese stock market was trading higher on Thursday on bargain hunting after U.S. stocks closed higher overnight in a holiday-shortened session. At 7.22 P.M. ET, the benchmark Nikkei…

FTSE-100 down 31.39 at 4,216.59 (AP)

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FTSE-100 down 31.39 at 4,216.59 (AP)
AP – Share prices on the London Stock Exchange were lower in a short pre-holiday session on Wednesday.

Equity markets fall at opening bell

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Equity markets fall at opening bell
Mumbai, Dec 24 : Indian equity markets opened lower Wednesday with a key index falling more than 110 points below Tuesday's close, about 15 minutes into trading.

Russia, China warn of dire economic straits in 2009 (AFP)

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Russia, China warn of dire economic straits in 2009 (AFP)

Japanese Prime Minister Taro Aso, seen in Tokyo on December 22. Japan's government on Wednesday approved a record 88.55 trillion yen (980 billion dollar) budget for fiscal 2009 in a bid to revive Asia's biggest economy, which is slipping deeper into recession.(AFP/Pool/File/Toshifumi Kitamura)AFP – Russia and China issued stark warnings on Wednesday about the impact of the crisis on their recently booming economies in 2009, as stocks and oil prices took a hit from economic gloom over Christmas.


Tokyo stocks rebound, but gains limited amid thin holiday trading+

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Tokyo stocks rebound, but gains limited amid thin holiday trading+
trading+ (AP) – TOKYO, Dec. 25 (Kyodo)—(EDS: ADDING DETAILS AND PRICES) Tokyo stocks rebounded Thursday on bargain hunting after a sharp decline the previous day and an overnight rise on Wall Str…

After the market’s unraveling, an arduous recovery (AP)

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After the market’s unraveling, an arduous recovery (AP)
AP – After a year of devastating losses, the stock market has the makings of a recovery in 2009: Nearly $9 trillion in cash on the sidelines, waiting to be invested.

Finding Winning Stocks in 2009

Posted by admin on December 25, 2008 under News | Be the First to Comment

Finding Winning Stocks in 2009
View Slide Show Get ready for an understatement: This has been a tough year for stock pickers. With just a week left in 2008, only 16 stocks in the broad Standard &Poor's 500-stock index, …

Investor tries to hold SEC liable for Madoff losses (Reuters)

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Investor tries to hold SEC liable for Madoff losses (Reuters)

The offices of Bernard Madoff, who confessed to defrauding investors of 50 billion dollars, are seen on 885 Third Avenue in New York December 15, 2008. An investor who lost nearly $2 million investing with Bernard Madoff has filed a claim against the U.S. Securities and Exchange Commission (SEC) alleging the agency was negligent in failing to detect an alleged decades-long fraud, the Wall Street Journal said. (Chip East/Reuters)Reuters – A woman who says she gave accused swindler Bernard Madoff $2 million to manage is trying to hold U.S. regulators responsible for her losses, a case that shows how widely investors are casting their net in trying to find potential defendants in the scandal.