Market higher; Bezeq slumps on options overhang

Posted by admin on March 19, 2009 under News | Be the First to Comment

Market higher; Bezeq slumps on options overhang
TEL AVIV (MarketWatch) — Stocks extended their winning streak to four Wednesday in Tel Aviv, led by strength in Israeli banks as well as Makhteshim-Agan and real estate stocks, but telecom carrier Be…

Stock futures point to lower open; eyes on Fed (Reuters)

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Stock futures point to lower open; eyes on Fed (Reuters)
Reuters – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday as investors awaited decisions from the Federal Reserve’s two-day policy setting meeting.

U.S. stocks continue advance

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U.S. stocks continue advance
U.S. stocks continued their recent rally Tuesday with all indices advancing, particularly the Nasdaq.

Wall Street cautiously optimistic this week (AP)

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Wall Street cautiously optimistic this week (AP)

Traders work on the floor of the New York Stock Exchange March 18, 2009. The Nasdaq composite briefly turned positive on Wednesday as Sun Microsystems soared nearly 65 percent following a report that IBM was in talks to buy the computer maker.  REUTERS/Brendan McDermid (UNITED STATES BUSINESS IMAGE OF THE DAY TOP PICTURE)AP – Wall Street knows it shouldn’t get ahead of itself.


U.S. stocks end bull run on late selloff

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

U.S. stocks end bull run on late selloff
U.S. stocks swung lower Monday in late selling, ending a four-day bull run based on cautious optimism that the economy would begin to recover from recession.The Dow Jones Industrial Average fell a mod…

China says can spend more; U.S. banks cheer markets (Reuters)

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China says can spend more; U.S. banks cheer markets (Reuters)
Reuters – China said it was ready to pump more money into its economy and saw a pick-up in trade, offering another glimmer of hope for the battered global economy as signs that big U.S. banks may be turning around lifted world stocks.

Solar stocks go red as equipment maker warns

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Solar stocks go red as equipment maker warns
Energy Conversion Devices' shares plummeted 30.3 percent in morning trading on Tuesday, after the solar-equipment maker warned investors that its third-quarter earnings would fall short of earlier pro…

Alcoa down after cutting dividend (Reuters)

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Alcoa down after cutting dividend (Reuters)
Reuters – Shares of Alcoa Inc fell 12.1 percent to $5.38 in premarket trade on Tuesday after the aluminum company cut its quarterly dividend to 3 cents from 17 cents late Monday.

KSE equities edge higher

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KSE equities edge higher
Published Date: March 17, 2009 KUWAIT: The Kuwait Stock Exchange ended the day in the green yesterday making the third consecutive daily gain for the market. Global General Index (GGI) posted an incr…

U.S. SEC to meet April 8 to weigh uptick revival (Reuters)

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U.S. SEC to meet April 8 to weigh uptick revival (Reuters)
Reuters – The U.S. Securities and Exchange Commission said it will meet on April 8 to consider whether to propose “short sale price test rules,” which could include reinstating the so-called “uptick rule.”