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Posted by admin on February 2, 2009 under News | 
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Stocks stumble as investors fear worsening economy (AP)
AP – Wall Street ended its worst January ever by stumbling again over the banking system and the economy.
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Stocks Close Sharply Lower After Seeing Initial Strength – U.S. Commentary
(RTTNews) – After seeing some initial strength, stocks moved sharply lower over the course of the trading day on Friday. The major averages all pulled back firmly into negative territory, extending …
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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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Stocks rise on economic news, higher oil
TORONTO — Canadian stocks got tripped up again Friday as negative economic news continued to pile up on both sides of the border.The Toronto Stock Exchange's S&P/TSX composite index fell 67.86 p…
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Economy, bank woes drag market to worst January ever (Reuters)
Reuters – Stocks closed out their worst January ever with another slide on Friday after data showed the economy contracted at the fastest pace in nearly 27 years in the fourth quarter.
Posted by admin on February 1, 2009 under News | Read the First Comment
Obama getting tough on
WASHINGTON: A day after President Barack Obama bashed bailed-out banks for giving huge bonuses, the White House pledged action against such "irresponsible" behaviour and a Democratic senator propos…
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S&P futures fall on earnings, GDP eyed (Reuters)
Reuters – S&P stock futures extended declines on Friday after quarterly results showed sales at Honeywell and Procter and Gamble fell short of estimates.
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Wall Street tradition points to tough year
January 31, 2009 New York – US stocks tumbled on Friday after the government reported the US economy contracted in the fourth quarter at an annual rate of 3.8 percent, the sharpest fall in 26 years. …
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TSX finishes week in broad-based decline (Reuters)
Reuters – Toronto’s main stock index fell more than 1 percent on Friday in broad-based weakness, as economic worries weighed on nearly all sectors.
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Kuwait fund eases on global stocks
The sovereign wealth fund, Kuwait Investment Authority (KIA) has reduced its exposure to global stock markets since October, shifting assets instead into short-term cash funds, Reuters has reported. K…
