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Posted by admin on January 30, 2009 under News | 
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Updates, advisories and surprises
) late Thursday reported its third-quarter net income rose to $213 million from $163 million in the same quarter last year. On a per-share basis, the company's earnings rose 29% to 40 cents from 31 …
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How the major market indexes fared (AP)
AP – Stocks sank Thursday on news that unemployment claims reached a record high and that new home sales hit a record low. The major stock indexes gave back all of Wednesday’s gains, and then some, after the grim economic readings.
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Heavy losses for FTSE
Investors turned against financial stocks again today as the sector pulled the FTSE 100 Index down more than 2%.The falls were mirrored in the US as evidence of the poor state of the world's economy m…
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SEC charges adviser with fraud linked to bailout (AP)
AP – Federal regulators on Wednesday charged an investment adviser with securities fraud, saying he bilked clients of at least $6.5 million in the first scheme using the government’s $700 billion financial bailout program as a front to lure investments.
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Morning Watch for Thursday — NTMI — January 29, 2009
FREE Email Alert Service WESTON, FL–(Marketwire – January 29, 2009) – Wall Street News Alert's "stocks to watch" this morning are: NT Media Corp. of California (
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Toronto index dragged lower by banks, oil firms (Reuters)
Reuters – Toronto’s key stock index ended lower on Thursday as nagging economic concerns hurt weighty bank shares and lower oil prices hit the energy group, forcing the TSX to undo nearly all its gains from the prior session.
Posted by admin on January 29, 2009 under News | 2 Comments to Read
Index futures point to lower Wall Street open
* Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes are down 1 percent to 1.3 percent, pointing to a lower start on Wall Street. * Ford Motor is expected to po…
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Banks up after report on FDIC (Reuters)
Reuters – Shares of large-cap banks rose on Wednesday after Bloomberg News reported that the FDIC may take control of a U.S. “bad bank.”
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Stocks jump on reports of plan for bad bank assets
Financial stocks led Wall Street sharply higher Wednesday on investor hopes the Obama administration will create banks to absorb the bad assets weighing down the financial system. The Standard & Poor'…
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How the major market indexes fared (AP)
AP – Financial stocks led Wall Street sharply higher Wednesday on investor hopes the Obama administration will create banks to absorb the bad assets weighing down the financial system. The Standard & Poor’s 500 index, a benchmark for the overall stock market, completed its first four-day rally since late November.
