Posted by admin on March 30, 2009 under News |
Corporate bonds best bet as equities and gilts wobble
London: Investor appetite for corporate bonds combined with companies' need for cash are likely to sustain a flow of new bond issues into the second quarter after all-time record volumes in the first….
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European shares ending week lower (AFP)
AFP – Europe’s main stock markets fell on Friday following a late sell-off in Asia which came despite an overnight rally on Wall Street.
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Stocks turn sharply lower at end of third straight weekly advance
TORONTO – Stock markets closed sharply lower Friday as traders took profits from an exuberant rally which is into its third week. Toronto's S&P/TSX composite index fell 174.44 points on the day t…
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Profit-taking, bank caution halt market run-up (Reuters)
Reuters – Wall Street capped a strong week on a down note on Friday as investors booked profits in the wake of the recent upward surge and bank shares dropped after bank executives indicated March had been a tougher month for the industry than the previous two.
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Rising savings could slow recovery
WASHINGTON The personal savings rate, which was hovering near zero just a year ago, is now at the highest level in more than a decade as a severe recession causes Americans to tighten their be…
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Kuwaitis feel the pain from the global financial crisis (Reuters)
Reuters – Staring at large screens displaying yet another fall in stock prices on the Kuwaiti bourse, Abou Ahmad fears his life savings have evaporated.
Posted by admin on March 29, 2009 under News |
Profit Taking Contributes To Lower Close On Wall Street – U.S. Commentary
(RTTNews) – Weakness prevailed throughout Friday's trading session, as investors cashed in on some of the recent gains. Some of the weakness came as investors digested mixed economic news and kept a …
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SEC chairman sees independent role for agency (AP)
AP – The head of the Securities and Exchange Commission said Thursday the agency must play a key role as an independent watchdog protecting investors in the new system of financial regulation that is being crafted.
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Dragon Oil announces proposed corporate restructuring and application for primary listing on London Stock Exchange
Today the Board of Dragon Oil plc announces the proposed restructuring of the Company by means of a scheme of arrangement by putting in place a Bermuda-incorporated company as the new ultimate holding…
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How the Dow Jones industrials fared Thursday (AP)
AP – Wall Street got positive news on Thursday from corporate America.