Oil stocks cling to narrow gains as crude pulls back

Posted by admin on December 31, 2008 under News | Be the First to Comment

Oil stocks cling to narrow gains as crude pulls back
SAN FRANCISCO (MarketWatch) — Energy stocks clung to a narrow trading range Tuesday in thin dealings as crude-oil prices slipped back below $39 a barrel.

Food and drug retail stocks a better buy in 2008 (AP)

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Food and drug retail stocks a better buy in 2008 (AP)
AP – Shares of grocery and drug retailers fell in 2008, but not as much as the broader market, as shoppers spent what little money they did have on staples like groceries and prescriptions.

Banks rise as Fed details planned mortgage purchases

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Banks rise as Fed details planned mortgage purchases
SAN FRANCISCO (MarketWatch) — Banks extended their rally in Tuesday's late session as the Federal Reserve said it would start buying mortgage securities backed by Fannie Mae and Freddie Mac in Januar…

Pakistan shares fall another 2.9 pct (AFP)

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Pakistan shares fall another 2.9 pct (AFP)

A Pakistani stockbroker looks at the latest share prices on a monitor during a trading session at the Karachi Stock Exchange on December 29. Pakistan's main bourse continued its downward slide Wednesday, with shares shedding another 2.9 percent, dealers said.(AFP/File/Rizwan Tabassum)AFP – Pakistan’s main bourse continued its downward slide Wednesday, with shares shedding another 2.9 percent, dealers said.


Europe stocks gain early as dire year winds down

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Europe stocks gain early as dire year winds down
By Rebekah Curtis LONDON, Dec 30 (Reuters) – European stocks gained early on Tuesday, boosted by advances in oil shares as most of the region's bourses entered the last full-day session of 2008, a dir…

Recovery seen for US stocks as trading enters new year (AFP)

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Recovery seen for US stocks as trading enters new year (AFP)

Traders work on the floor of the New York Stock Exchange on December 22, 2008 in New York City. Battered US stocks enter the New Year next week on expectations of a gradual market recovery as president-elect Barack Obama moves to drag the world's biggest economy out of recession.(AFP/Getty Images/File/Spencer Platt)AFP – Battered US stocks enter the New Year next week on expectations of a gradual market recovery as president-elect Barack Obama moves to drag the world’s biggest economy out of recession.


Satyam surges 6 pc on bourses

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Satyam surges 6 pc on bourses
MUMBAI: Software services firm Satyam Computer on Tuesday surged nearly six per cent on the bourses, as speculation among investors were rife about an imminent change in the company's management an…

European stocks rise as Tokyo ends shocking year (AFP)

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European stocks rise as Tokyo ends shocking year (AFP)

A pedestrian passes an electronic stock index board in central Tokyo. European stock markets on Tuesday extended their pre-New Year rally, shrugging off overnight losses on Wall Street and news of Tokyo's worst 12-month period since 1949.(AFP/File/Kazuhiro Nogi)AFP – European stock markets on Tuesday extended their pre-New Year rally, shrugging off overnight losses on Wall Street and news of Tokyo’s worst 12-month performance since 1949.


Glance-STOCKS NEWS EUROPE-Innovation hit by C$75 mln lawsuit

Posted by admin on December 30, 2008 under News | Be the First to Comment

Glance-STOCKS NEWS EUROPE-Innovation hit by C$75 mln lawsuit
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 10:15GMT 30Dec2008-Innovation hit by C$75 mln lawsuit —————————————————– Shares in Innovat…

NYSE, Nasdaq short interest fall (Reuters)

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NYSE, Nasdaq short interest fall (Reuters)

Traders work on the floor of the New York Stock Exchange in New York, December 23, 2008. (Lucas Jackson/Reuters)Reuters – Short interest fell on the Nasdaq and on the New York Stock Exchange in mid-December, reflecting a decrease in bearish sentiment and a desire by short-sellers to lock in profits.