Does Wall Street reform go far enough

Posted by admin on April 11, 2009 under News | 2 Comments to Read

Does Wall Street reform go far enough
Bernie Sanders —said that while they supported Obama, they were worried. The financial reform policies the president was pursuing were not going far enough, they told him, and the people Obama was c…

Treasurys decline as stock market rallies (AP)

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Treasurys decline as stock market rallies (AP)
AP – Treasury prices fell Thursday after a surprisingly strong profit at Wells Fargo and better-than-expected unemployment data drove investors into stocks.

China shares rise on Wall Street

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China shares rise on Wall Street
SHANGHAI (AP) — SHANGHAI (AP) ? Chinese shares rose for a second day Friday after Wall Street's overnight gains and stronger corporate earnings, ending the week up 1 percent. The benchmark Sha…

Feds: US government won’t take Madoff money (AP)

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Feds: US government won’t take Madoff money (AP)

FILE - This file photo of Friday Jan. 16, 2009 shows the Greenwich, Conn. home owned by Walter Noel.   Noel's Fairfield Greenwich Group had more than $7 billion of client funds invested with Bernard Madoff. A spokesmen for the Noels said they were fooled by Madoff like everyone else, and had no idea his investment operation was a fraud. Only one person has gone to jail so far in Bernard Madoff's massive stock fraud: Madoff himself. But that hasn't stopped prosecutors, regulators and victims from going after others, including Noel, who got gloriously rich off Madoff's scheme. (AP Photo/Douglas Healey, File)AP – The U.S. government said Wednesday it will not try to keep any money recovered from the sale of Bernard Madoff’s assets, a message meant to reassure skittish investors who feared some proceeds might land in the U.S. Treasury rather than their pockets.


Nikkei sets 3-month high at open

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Nikkei sets 3-month high at open
The benchmark Nikkei 225 index rose 114.15 points, or 1.28 per cent, to 9030.21 in the first minutes of trading. Financial markets in Australia, Hong Kong, India, Indonesia, New Zealand, the Philippin…

Sector Snap: Airline shares lower (AP)

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Sector Snap: Airline shares lower (AP)
AP – Despite retreating oil prices, airline stocks fell Tuesday as the broader market plunged, with investors anticipating potentially bleak earnings reports.

Easter Bunny delivers the goods on Wall Street

Posted by admin on April 10, 2009 under News | Be the First to Comment

Easter Bunny delivers the goods on Wall Street
U.S. stocks shot substantially higher in a buoyant Easter rally Thursday.

Treasurys decline as stock market rallies (AP)

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Treasurys decline as stock market rallies (AP)
AP – Treasury prices fell Thursday after a surprisingly strong profit at Wells Fargo and better-than-expected unemployment data drove investors into stocks.

Bank of Japan likely to cut economic outlook in next report

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Bank of Japan likely to cut economic outlook in next report
TOKYO (MarketWatch) — The Bank of Japan's policy board warned that it was likely to cut economic growth-rate projections in its April outlook report because data show that the economy has worsened mo…

Wall Street sets 5th weekly gain on banks, Boeing off late (Reuters)

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Wall Street sets 5th weekly gain on banks, Boeing off late (Reuters)

In this photo released by the New York Stock Exchange Euronext, Larry Leibowitz, left, executive vice-president of the New York Stock Exchange Euronext, joins Kathy Ireland, chief designer and chief executive officer of Kathy Ireland Worldwide and Stephen Roseberry, president and chief operating officer of Kathy Ireland Worldwide, for the closing bell at the Exchange, Thursday, April 9, 2009. The Dow Jones industrial average jumped nearly 250 points on Thursday and major market indexes logged their fifth straight week of gains. Markets will be closed for Good Friday on April 10. (AP Photo/NYSE Euronext, Ray Girard)Reuters – Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.