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Posted by admin on April 12, 2009 under News | 
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Energy stocks hit the gas pedal amid economic optimism
NEW YORK (MarketWatch) — Energy stocks hitched a ride with the broad market rally on Thursday, with oil-service shares leading gains amid signs of optimism in the financial sector and the overall eco…
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Japan to give Pakistan $1 bln in aid: Nikkei (Reuters)
Reuters – Japan’s government is finalizing plans to provide Pakistan with up to $1 billion in economic aid over the next two years, the Nikkei business daily reported Saturday.
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As Stocks Surge, Fears Linger About the Economy
As one of the most dizzying bear market rallies in Wall Street history enters its second month, a nagging question faces investors: Is the stock market making real progress, or glossing over deeper pr…
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Wall Street sets 5th weekly gain on banks, Boeing off late (Reuters)
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.
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Nikkei loses its gains, as banks hit by Sumitomo Mitsui news
HONG KONG (Menafn – MarketWatch) — Japanese shares fell back from their highs Friday, with the benchmark Nikkei 225 Average breaking and then dipping back under the psychologically important 9,000-po…
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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.
Posted by admin on April 11, 2009 under News | 5 Comments to Read
Excessive Fee Case Against RiverSource Makes Headway
News that RiverSource was laying off multiple employees was not the worst news for the fund family this week. On Wednesday, the Eighth Circuit Court of Appeals said the shareholders of 11 RiverSource …
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Wells Fargo earnings surprise sends market surging (AP)
AP – Stocks surged Thursday to their highest levels in two months after banking giant Wells Fargo & Co. surprised the market with an early profit report that blew past analysts’ expectations thanks to a strong increase in its lending business.
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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…
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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.
