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Posted by admin on February 15, 2009 under News | 
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Investors anxious for clarity on bank plan (Reuters)
Reuters – With Wall Street veering close to the November bear market lows, the market is likely to be awash with caution next week as investors look for clarity on how the government plans to shore up banks, housing and the economy.
Posted by admin on February 14, 2009 under News | Be the First to Comment
Wall Steet jitters keep gains at bay
Friday the 13th was turning out to be no different on Wall Street Friday.
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Stocks fall as investors can’t shake economic woes (AP)
AP – Investors sent Washington a message this week: They won’t commit to stocks until the government commits to a plan.
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French CEO to head London stock exchange
LONDON — The London Stock Exchange said on Friday it would swap a Dutchwoman for a Frenchman as its chief executive, appointing Xavier Rolet, a former senior executive at collapsed U.S. bank Lehman B…
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Ex-M.Stanley China property head under SEC probe: sources (Reuters)
Reuters – The former China head of Morgan Stanley Real Estate has been under an investigation by the U.S. Securities and Exchange Commission for suspected violations of the Foreign Corrupt Practices Act (FCPA), said three sources with knowledge of the matter.
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Telecom stocks mostly advance, led by Embarq, Ericsson
WASHINGTON (MarketWatch) – Advancers outnumbered decliners in the telecommunications sector Friday, though price movements were constricted to a narrow range. Embarq Corp.
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Obama pushes stimulus, sees no easy out for banks (Reuters)
Reuters – President Barack Obama urged the U.S. Congress on Tuesday to wrap up a huge economic stimulus bill and warned investors not to expect quick fixes as stock markets plunged on the lack of detail in a new bank rescue plan.
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US STOCKS SNAPSHOT-Markets drop as banks temper optimism
NEW YORK, Feb 13 (Reuters) – U.S. stocks opened lower on Friday after Britain's Lloyds Banking Group announced bigger-than-expected losses, offsetting optimism over the U.S. mortgage subsidy plan and …
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Crisis shakes steel, auto, oil sectors (AFP)
AFP – Fresh losses and grim forecasts slammed the world’s steel, auto and oil sectors on Wednesday after a US bank rescue plan that could cost as much as 2.0 trillion dollars got a sceptical reception.
Posted by admin on February 13, 2009 under News | Read the First Comment
Toronto Stocks Remain Lower – Canadian Commentary
(RTTNews) – Bay Street stocks remain in negative territory Thursday afternoon and could be destined for their third straight negative close. Financials have continued to decline, dragging the market …
