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Posted by admin on February 12, 2009 under News | 
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Stocks end higher on agreement on stimulus bill (AP)
AP – Investors shuttled between optimism and pessimism Wednesday, finally betting that the government might help the economy out of recession after all.
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Washington vents spleen in Wall Street CEO hearings
WASHINGTON — Wall Street bank executives submitted to a public scolding in Congress Wednesday over how they used US$176-billion in bailout money without making a noticeable impact on the anemic econo…
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AFP – London stocks finished slightly higher on Wednesday despite details about a plan to shore up the US banking system remaining scarce.
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N.Y. stocks slightly higher in mid-morning after previous day
plunge+ (AP) – NEW YORK, Feb. 11 (Kyodo)New York stocks turned up in mid-morning trading on Wednesday on bargain hunting following substantial falls the previous day. The Dow Jones Industrial Av…
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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 11, 2009 under News | Be the First to Comment
Investors look in vain for details on new bank bailout and send Wall Street sharply lower
WASHINGTON – The new bank rescue plan landed with a thud on Wall Street. Worried that the revamped financial bailout was far too short on details, especially on how to clean up the books of the bank…
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SEC, Madoff agree to settle civil fraud case (AP)
AP – The Securities and Exchange Commission on Monday announced an agreement with disgraced money manager Bernard Madoff that could eventually force him to pay a civil fine and return money raised from investors.
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Hanger Orthopedic fourth-quarter profit tops Wall Street expectations as sales grow 9 percent
BETHESDA, Md. (AP) – Hanger Orthopedic Group Inc. said Tuesday its fourth-quarter profit jumped 19 percent, helped by strong patient care revenue at centers open at least a year. Hanger, which operat…
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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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European stocks slip, with all eyes on Washington
European stock markets slid Tuesday, reversing recent gains, as cautious investors awaited news from Washington on a major US financial recovery plan and a huge
