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Posted by admin on February 13, 2009 under News | 
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White House: Bailout wasn’t aimed at market reax (AP)
AP – The White House said Wednesday that the administration’s bailout plan that sent Wall Street tumbling a day earlier was not designed for a “one-day market reaction.”
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Drop of 32 points for FTSE
Blue chip stocks were dragged lower on the London Stock Exchange today amid a raft of disappointing updates and as the mammoth US rescue plan did little to budge economic fears.The FTSE 100 Index drop…
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SEC enforcement chief steps down under Madoff cloud (AFP)
AFP – The US Securities and Exchange Commission said Monday its enforcement chief has quit, following criticism over apparent failure to uncover the alleged 50 billion dollar investment scam run by mastermind Bernard Madoff.
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Stocks stage a comeback
NEW YORK (CNNMoney.com) — Stocks erased losses Thursday, with the Nasdaq managing gains following reports that the Obama administration is putting together a plan to subsidize mortgages for troubled …
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SEC enforcement chief steps down under Madoff cloud (AFP)
AFP – The US Securities and Exchange Commission said Monday its enforcement chief has quit, following criticism over apparent failure to uncover the alleged 50 billion dollar investment scam run by mastermind Bernard Madoff.
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Stocks signal lower open as investors worry about latest economic readings, asses stimulus
NEW YORK (AP) – Wall Street is still juggling concerns about the U.S. economy even as Congress has struck a deal on a $789 billion economic stimulus plan. Stock futures pointed to a lower open on Thu…
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SEC mandates 500 U.S. firms to adopt XBRL (Reuters)
Reuters – The U.S. Securities and Exchange Commission said it would require 500 largest U.S. companies to file their financial statements using an interactive format by April 13 in a move aimed at bringing more transparency to U.S. capital markets.
Posted by admin on February 12, 2009 under News | Read the First Comment
Market makes gains on Wall St lead
The Australian stock market closed more than one per cent higher following strong gains across the bourse, after a modest rise on Wall Street overnight.
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SEC enforcement chief Linda Thomsen resigns (AP)
AP – The top cop at the Securities and Exchange Commission is leaving the government less than a week after receiving an angry dressing-down before Congress over the agency’s failure to detect a massive alleged fraud scheme.
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Wall St rises on stimulus agreement, banks
Stocks on Wall Street finished higher this morning after a choppy session overnight. Energy stocks and the price of oil headed south in late trade, but bargain hunting investors prompted a rally in b…
