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Posted by admin on February 8, 2009 under News | 
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Wall Street shrugs off January job losses of 598K (AP)
AP – Investors have taken another big gamble on the government’s plans to help the economy
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Kuwait down in early trade; UAE up on realty, bank stocks
The bourse fell on Thursday after having risen for seven of the previous 10 trading days."It's just profit-taking. Some of these stocks have risen around 30 percent from all-time lows," said Jassem Al…
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SEC chief speeding penalty process for violations (AP)
AP – The new head of the Securities and Exchange Commission is ending a practice that she said had slowed the agency’s enforcement efforts against corporate wrongdoing.
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Wall Street shrugs off January job losses of 598K
News ) – Investors have taken another big gamble on the government's plans to help the economy – hoping that this one will finally work.All the major indexes rose more than 2 percent Friday, including…
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SEC, Treasury not discussing suspending fair value rule (Reuters)
Reuters – The U.S. Treasury Department and the Securities and Exchange Commission are not discussing the suspension of a controversial fair value accounting rule blamed for billions of dollars in bank losses, a source familiar with matter said on Thursday.
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Wall Street shrugs off January job losses of 598K
All the major indexes rose more than 2 percent Friday, including the Dow Jones industrial average, which rose more than 200 points as Wall Street looked past another bleak jobs report and awaited word…
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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.
Posted by admin on February 7, 2009 under News | 3 Comments to Read
Stimulus Lifts Stocks Over Economic Gloom
All the evidence Friday pointed to an economic stimulus package being on its way, helping Wall Street rally past the government's latest woeful labor report and move into the weekend with solid gains….
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SEC looks to reassure investors (Reuters)
Reuters – Securities and Exchange Commission officials looked to reassure investors on Friday that they would reinvigorate the agency’s policing of Wall Street, improve the quality of credit ratings and said they expect to bring more cases against mortgage fraud.
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European, Asian stocks rise amid US stimulus hopes
European and Asian stock markets climbed Friday, with Hong Kong's benchmark up more than 3 percent, amid hopes massive U.S. stimulus measures will mitigate the worst global slowdown in decades. Invest…
