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Posted by admin on February 3, 2009 under News | 
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SEC charges adviser with fraud linked to bailout (AP)
AP – Federal regulators on Wednesday charged an investment adviser with securities fraud, saying he bilked clients of at least $6.5 million in the first scheme using the government’s $700 billion financial bailout program as a front to lure investments.
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Snow disrupts trading on FTSE
London’s FTSE 100 Index shed more than 2% today as heavy snow caused transport chaos and disrupted the City.As dealers struggled to get to their desks, blue-chip stocks lost 97.3 points to 4052.8 am…
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SEC charges financial planner with TARP fraud (Reuters)
Reuters – The U.S. Securities and Exchange Commission charged a financial planner on Wednesday with fraud related to the U.S. government’s Troubled Asset Relief Program (TARP).
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Glance-STOCKS NEWS EUROPE-Hallin Marine up on $8 mln contract win
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 10:49GMT 02Feb2009-Hallin Marine up on $8 mln contract win ———————————————————- Shares …
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World stocks sink on profit worries (Reuters)
Reuters – World stocks hit a one-week low and the euro set a two-month trough against the dollar on Monday as nervousness grew about poor economic data and falling corporate profits in a rapidly slowing global economy.
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Ryanair stays aloft as others slip into the red
NEW YORK (MarketWatch) – Airline stocks made a broad decline Monday morning, except for Ireland's Ryanair, which said its fiscal fourth-quarter loss wouldn't be as steep as expected.
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World markets fall on bleak earnings outlook (AP)
AP – European markets dropped sharply Monday, with financial and energy stocks leading the way down, as investors prepared for another week of poor earnings reports and gloomy economic data.
Posted by admin on February 2, 2009 under News | Read the First Comment
Asian markets mostly down; Nikkei down 38pts
The Hang Seng has shed 255 points at 13,023. The Nikkei is down 38 points at 7,956. The Taiwan Weighted index has moved up 29 points to 4,277. The Straits Times has slipped eight points to 1,738, and…
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Banking shares drag down European markets (AFP)
AFP – Europe’s leading stock markets dived on Monday, dragged down by troubled banks unable to hold on to sharp gains won last week, while many traders stayed at home as heavy snowfall halted public transport.
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Bookies see Europe stocks falling on earnings fears
PARIS, Feb 2 (Reuters) – European shares were seen falling on Monday, tracking losses on Wall Street and in Asia, as investors fretted about the outlook for corporate profits in the face of the global…
