TSX sags to 2009 low in broad-based retreat (Reuters)

Posted by admin on February 18, 2009 under News | Be the First to Comment

TSX sags to 2009 low in broad-based retreat (Reuters)
Reuters – Toronto’s main stock index fell broadly on Wednesday morning, hitting a 2009 low, pressured by weak resource and financial issues, while telecoms sagged after Rogers Communications Inc reported a quarterly loss.

Market drops after long weekend

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Market drops after long weekend
US stocks tumbled around three per cent this morning, pulling the benchmark S&P 500 index to its lowest in three months, after financial shares slid further on signs of more trouble for European banks…

Top RIM execs settle SEC backdating charges (Reuters)

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Top RIM execs settle SEC backdating charges (Reuters)

Research in Motion co-chief executives Jim Balsillie and Mike Lazaridis (R) leave a hearing in Toronto February 5, 2009. (Mark Blinch/Reuters)Reuters – BlackBerry maker Research in Motion’s top executives settled U.S. regulator claims that they illegally backdated millions of stock options over an eight-year period, the U.S. Securities and Exchange Commission said on Tuesday.


Stocks down sharply in Europe and US; AIB Bank surges in Dublin; Texas bank charged with $8bn fraud

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Stocks down sharply in Europe and US; AIB Bank surges in Dublin; Texas bank charged with $8bn fraud
See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive To…

FTSE down on banking, auto fears (AFP)

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FTSE down on banking, auto fears (AFP)

Stocks finished down on Tuesday as they reacted to fears for the banking and auto sectors.(AFP/File/Ben Stansall)AFP – Stocks finished down on Tuesday as they reacted to fears for the banking and auto sectors.


Wall St. tumbles on recession and bank anxiety and Wall Street tumbles in early trading

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Wall St. tumbles on recession and bank anxiety and Wall Street tumbles in early trading
City of Industry, CA –(www.FinancialNewsUSA.com)– 02/17/2009 – Most Popular industry news provided by Financial News USA. By Ellis MnyanduNEW YORK (Reuters) – Stocks tumbled on Tuesday as investors …

Medtronic, Smithfield, Wal-Mart among big movers (AP)

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Medtronic, Smithfield, Wal-Mart among big movers (AP)
AP – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

Bank worries send euro to 10-week low

Posted by admin on February 17, 2009 under News | 3 Comments to Read

Bank worries send euro to 10-week low
LONDON (MarketWatch) – The European single currency dropped to a 10-week low versus a broadly stronger U.S. dollar Tuesday, after a ratings agency warned that euro-zone banks are highly exposed to fin…

European equities extend sharp falls (AFP)

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European equities extend sharp falls (AFP)

A woman walks past an electronic sign showing the progress of the FTSE 100 share index in London, October 2008. European stock markets slid for a second day running on Tuesday, dragged down by ailing banks, as investors awaited the reopening of Wall Street after a long holiday weekend in the United States.(AFP/File/Carl de Souza)AFP – European stock markets slid for a second day running on Tuesday, dragged down by ailing banks, as investors awaited the reopening of Wall Street after a long holiday weekend in the United States.


Tokyo stocks end mixed as stimulus hopes stem selling on dismal GDP+

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Tokyo stocks end mixed as stimulus hopes stem selling on dismal GDP+
GDP+ (AP) – TOKYO, Feb. 16 (Kyodo)—(EDS: ADDING PRICES AND DETAILS THROUGHOUT) Tokyo stocks closed mixed Monday as hopes for additional economic stimulus measures by Japan dented selling pressure…