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Posted by admin on February 21, 2009 under News | 
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Citigroup shares fall below $2 as U.S. banks plummet (Reuters)
Reuters – Shares of Citigroup dropped more than 20 percent to fall below $2 as bank shares plummeted shortly after the opening bell on Friday on fears the U.S. bank rescue plan might include nationalization.
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Futures point to more losses for Wall Street
U.S. futures indicate a rough session to finish the week, after the Dow industrials closed below the key 7,500 level in the previous session and with plenty of gloomy news to keep buyers at bay ahead …
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Citi, BofA down on nationalization fears (Reuters)
Reuters – Shares of Citigroup and Bank of America fell in premarket trade on Friday on the fear that the banks would be nationalized, according to traders.
Posted by admin on February 20, 2009 under News | Be the First to Comment
Tokyo stocks open lower on New York new low
Global Financial Crisis TOKYO, Feb. 20 (Xinhua) — Tokyo stocks opened lower Friday after the Dow Jones index's slide to a more than six-year low on undispersed concern over the world economy. In th…
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Citi, BofA down on nationalization fears (Reuters)
Reuters – Shares of Citigroup and Bank of America fell in premarket trade on Friday on the fear that the banks would be nationalized, according to traders.
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Dollar gains on yen, but slips vs. most other rivals
SAN FRANCISCO (MarketWatch) — The dollar gained on the yen but dipped against most major counterparts on Thursday, as recent safe-haven flows into the currency abated after efforts to avert a full-bl…
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European equities slide further (AFP)
AFP – European stocks sank for a third straight day on Wednesday after losses overnight on Wall Street and in Asia, as investor sentiment was hit by deepening economic woes and the fate of US automakers.
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Glance-STOCKS NEWS EUROPE-Firestone climbs on mining bid win
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 13:17GMT 19Feb2009-Firestone climbs on mining bid win —————————————————– Shares in Firesto…
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Stanford whereabouts unknown after charges: SEC (Reuters)
Reuters – Federal regulators said on Wednesday they do not know the whereabouts of billionaire Texas banker Allen Stanford, charged with a “massive” $8 billion international financial fraud.
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Glance-STOCKS NEWS EUROPE-Morgan Crucible falls; Numis sees challenges
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 11:02GMT 19Feb2009-Morgan Crucible falls; Numis cautious on outlook ———————————————————…
