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Posted by admin on February 10, 2009 under News | 
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SEC says Madoff agrees to partial judgment (Reuters)
Reuters – The U.S. Securities and Exchange Commission said alleged fraudster Bernard Madoff agreed to a partial judgment in a New York lawsuit.
Posted by admin on February 9, 2009 under News | Read the First Comment
Japan machinery orders decline in December
HONG KONG (MarketWatch) — Orders for Japanese machinery declined for a third straight month in December, although at a softer-than-expected pace, raising some hope that Japan's industrial sector may …
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U.S. accuses three in insider trading scheme (Reuters)
Reuters – A hedge fund manager, a brokerage trader and a financial adviser were charged on Thursday with insider trading in the stock of supermarket chain Albertsons Inc, reaping total profits of about $7.5 million, according to court documents.
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Wary optimism for stocks and the economy
As unemployment climbs and consumer confidence dives, financial experts continue to look for a bottom to the market and the financial carnage. "We're probably seeing the worst of it this quarter,…
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How the major market indexes fared (AP)
AP – Wall Street has had another big rally as investors bet the government will take some big steps to help the economy. Investors looked past another bleak jobs report and awaited word from Washington about an economic stimulus plan and changes to the government’s financial rescue program. The Senate was expected to vote on its version of a stimulus plan that would include a mix of spending and tax cuts.
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Telecom gain gives market solid start
The New Zealand sharemarket opened firmly after the Waitangi Day long weekend, helped by a good start to the new week from leading stock Telecom.Around 10.15am the benchmark NZSX-50 index was up 22.15…
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TSX rises as gold price up, financials rebound (Reuters)
Reuters – Toronto’s main stock index was higher at midday on Thursday, lifted by strength in mining companies as gold prices got a boost from safe-haven buying, while financials shares rebounded on hope for the U.S. banking sector.
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Fisheries limits popular Port Alberni prawn fishery in bid to protect stocks
As part of the strategy to increase prawn stocks, there will be a ban on the recreational harvest of prawns and shrimp in the waters near Port Alberni.Conservation and protection supervisor for West C…
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SEC chief weighs ex-prosecutor to head enforcement (Reuters)
Reuters – Former Assistant U.S. Attorney Robert Khuzami is being considered for the Securities and Exchange Commission’s top enforcement position, one source familiar with the matter said on Saturday.
Posted by admin on February 8, 2009 under News | Read the First Comment
Time to Buy Stocks or a House
Ever since I hit the big 3-0, the prospect of buying a house has been on my mind. My one-bedroom apartment just isn't big enough for two people, serious furniture, entertaining, indoor gardening, and …
