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Posted by admin on December 23, 2008 under News | 
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Stocks slip as Toyota cuts profit outlook
NEW YORK — Wall Street began a holiday-shortened week cautiously Monday, slipping as investors reacted to a bleak outlook from Toyota Motor Corp. and disappointing earnings from drugstore operator Wa…
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World stocks mostly drop in pre-Christmas trading (AFP)
AFP – Global stocks mainly fell on Monday, despite a multi-billion-dollar US government lifeline for the American auto industry, as analysts warned of volatile trading in the run-up to Christmas.
Posted by admin on December 22, 2008 under News | 4 Comments to Read
Asian markets mixed; Nikkei up 122pts
The Hang Seng has shed 104 points at 15,023. The Nikkei has rallied 122 points to 8,710. The Taiwan Weighted index has dropped 41 points at 4,654. While the Straits Times is down three points at 1,79…
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China shares fall on bleak outlook (AP)
AP – Chinese stocks snapped a six-day winning streak on Monday as investors unloaded shares to cash in on recent gains amid mounting worries over earnings prospects.
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Hong Kong Stocks May Extend Skid
(RTTNews) – The Hong Kong stock market on Friday saw an end to the winning streak that had reached four sessions, allowing it to add more than 700 points or 5 percent in that time. The Hang Seng Inde…
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London stocks finish down (AFP)
AFP – FTSE 100 stocks finished down on Friday on the back of ratings downgrades and further worrying news on the health of the economy.
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Investors poised to scoop up Wall Street bargains, hope for Santa Claus rally
Joe Bel Bruno December 21, 2008 – 2:56 p.m. NEW YORK (AP) – Investors head into a holiday-shortened week with optimism that recent moves to prop up the ailing auto industry and slash interest rat…
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Stocks end bumpy session mostly higher (AP)
AP – Stocks finished a bumpy session mostly higher Friday, as investors, while still somewhat cautious about the economy, were encouraged by the government’s pledge to lend as much as $17.4 billion to U.S. automakers.
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Wall Street insiders and their fools
If Bernie Madoff has lost $50 billion (Dh183.65 billion) of other people's money, why did they trust him with it? With hindsight, the whole affair seems deeply implausible. We know nobody produces roc…
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NY gov: Goldman’s move on bonuses cost state $178M (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
