Banks boost Asia stocks; Tokyo up, Shanghai down

Posted by admin on March 12, 2009 under News | Read the First Comment

Banks boost Asia stocks; Tokyo up, Shanghai down
"The momentum may not continue because it's not a turnaround story, either for the U.S. or Asian markets. I think it's just a technical rebound," said Linus Yip, strategist at First Shanghai Securitie…

World stocks spiral lower on fresh financial woes (AFP)

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World stocks spiral lower on fresh financial woes (AFP)

Pedestrians walk past a share prices board in Tokyo. World stock markets fell sharply Monday as banking and economic woes returned to haunt investors, with Tokyo tumbling to a fresh 26-year low and London striking six-year depths.(AFP/Yoshikazu Tsuno)AFP – World stock markets fell sharply Monday as banking and economic woes returned to haunt investors, with Tokyo tumbling to a fresh 26-year low and London striking six-year depths.


Black Wall Street Veteran Tells Her Story

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Black Wall Street Veteran Tells Her Story
March 11, 2009 · Carla Harris broke through the glass ceiling on Wall Street. The financial services veteran offers career advice and strategies for success in her new book,

McClatchy, Schering-Plough, McDonald’s big movers (AP)

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McClatchy, Schering-Plough, McDonald’s big movers (AP)
AP – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

Japan stocks soar on financial sector hopes

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Japan stocks soar on financial sector hopes
TOKYO — Japanese stocks rebounded with a vengeance Wednesday, fueled by new glimmers of hope about the ailing U.S. financial sector. The benchmark Nikkei 225 stock average soared 321.14 poin…

UBS warning shakes equities, day after big gains (Reuters)

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UBS warning shakes equities, day after big gains (Reuters)

A street sign can be seen outside the New York Stock Exchange in New York March 11, 2009. REUTERS/Lucas Jackson (UNITED STATES BUSINESS)Reuters – Banking worries shot back into equity markets on Wednesday after leading European bank UBS said it saw its earnings at risk for some time, weighing on investors a day after many had their best day since December.


Analyst Upgrades Credit-Card Stocks Capital One, Discover

Posted by admin on March 11, 2009 under News | Be the First to Comment

Analyst Upgrades Credit-Card Stocks Capital One, Discover
Capital One Financial Corp. and Discover Financial Services helped lift the shares on Tuesday as the broader financial sector bounced off the mat.

How the Dow Jones industrials fared Tuesday (AP)

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How the Dow Jones industrials fared Tuesday (AP)

A trader at work on the floor of the New York Stock Exchange. Though administration officials deny fluctating stocks are a measure of Obama's progress, the markets have tumbled during his presidency.(AFP/Getty Images/File/Chris Hondros)AP – Wall Street has had its best rally since late November after some good news from Citigroup. The company said it operated at a profit during the first two months of the year. That energized financial stocks and in turn, the entire market. Many analysts are still cautious

Hawaii stocks mostly up as Wall St. soars on bank news

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Hawaii stocks mostly up as Wall St. soars on bank news
Hawaii stocks were mostly up Tuesday as Wall Street soared on news that Citigroup was profitable in the first two months of 2009. Hawaii stocks seeing gains: •

Google, Cisco eyed as possible Dow candidates (Reuters)

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Google, Cisco eyed as possible Dow candidates (Reuters)
Reuters – Google and Cisco are viewed as top contenders to enter the Dow Jones industrial average (.DJI) now that two constituents are trading below $2, making their status as blue chips tenuous.