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Posted by admin on March 15, 2009 under News | 
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Indian market climbs as financial stocks rise
Mumbai: Indian stocks climbed the most since December, led by financial companies, after Bank of America Corp said it's profitable and Japan and China signalled they will increase efforts to bolster g…
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Allen Stanford not cooperating in SEC probe-filing (Reuters)
Reuters – Allen Stanford, the billionaire Texan accused of an $8 billion fraud by U.S. regulators, has refused to cooperate in the government’s probe, a court filing showed on Wednesday.
Posted by admin on March 14, 2009 under News | 4 Comments to Read
Banks, Insurance Stocks Lead London Higher
Old Mutual added 2.1% and Prudential gained 1.2%. More broadly, the main U.K. FTSE 100 Index closed up 1.1%, or 41.62 points, to 3,753.68. The index has gained about 7% over the week, posting gains…
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SEC looks at more short-selling measures (Reuters)
Reuters – The U.S. Securities and Exchange Commission aims to issue a proposal in April to restore the so-called uptick rule and will look at other ways to address short-selling in the stock market, SEC Chairwoman Mary Schapiro said on Wednesday.
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Progressive gave CEO 18% raise in 2008
NEW YORK (MarketWatch) — Insurer Progressive Corp. said Friday it gave its CEO Glenn Renwick an 18% raise in 2008, and his payment included $5 million worth of company common stock.
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SEC looks at more short-selling measures (Reuters)
Reuters – The U.S. Securities and Exchange Commission aims to issue a proposal in April to restore the so-called uptick rule and will look at other ways to address short-selling in the stock market, SEC Chairwoman Mary Schapiro said on Wednesday.
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Wall Street mainly flat as 3-day rally fizzles
Following a three-day rally that has lifted the Dow Jones industrials nearly 10 percent, analysts say investors are likely taking profits ahead of the weekend.
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S&P to bottom at 600 points in October: Merrill (Reuters)
Reuters – The S&P 500 stock index could fall another 13 percent, to 600 points, by October when the bear market is expected to end, Bank of America Merrill Lynch Research North American Economist David Rosenberg said in a note on Monday.
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Banks And Insurance Stocks Lead London Higher
U.K. shares jumped higher in the final session of the week, with banks and insurance stocks leading a broad-based rise. Among banking stocks,
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SEC looks at more short-selling measures (Reuters)
Reuters – The U.S. Securities and Exchange Commission aims to issue a proposal in April to restore the so-called uptick rule and will look at other ways to address short-selling in the stock market, SEC Chairwoman Mary Schapiro said on Wednesday.
