Corporate bonds best bet as equities and gilts wobble

Posted by admin on March 30, 2009 under News | Be the First to Comment

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….

European shares ending week lower (AFP)

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European shares ending week lower (AFP)

Traders work at the stock exchange in Frankfurt, western Germany, October 2008. Europe's main stock markets fell on Friday following a late sell-off in Asia which came despite an overnight rally on Wall Street.(AFP/DDP/File/Thomas Lohnes)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.


Stocks turn sharply lower at end of third straight weekly advance

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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…

Profit-taking, bank caution halt market run-up (Reuters)

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Profit-taking, bank caution halt market run-up (Reuters)

Protesters are seen on deckchairs in front of the former Paris stock exchange as part of a demonstration against the upcoming G20 summit, in Paris, Saturday, March 28, 2009. G20 will take place in London on April 2, 2009. (AP Photo/Thibault Camus)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.


Rising savings could slow recovery

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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…

Kuwaitis feel the pain from the global financial crisis (Reuters)

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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.

Profit Taking Contributes To Lower Close On Wall Street – U.S. Commentary

Posted by admin on March 29, 2009 under News | Be the First to Comment

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 …

SEC chairman sees independent role for agency (AP)

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SEC chairman sees independent role for agency (AP)

Securities and Exchange Commission (SEC) Chair Mary Schapiro, testifies on Capitol Hill in Washington, Wednesday, March 11, 2009, before the House Appropriations subcommittee hearing on the SEC and the financial crisis.  (AP Photo/Manuel Balce Ceneta)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.


Dragon Oil announces proposed corporate restructuring and application for primary listing on London Stock Exchange

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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…

How the Dow Jones industrials fared Thursday (AP)

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How the Dow Jones industrials fared Thursday (AP)

Protesters are seen on deckchairs in front of the former Paris stock exchange as part of a demonstration against the upcoming G20 summit, in Paris, Saturday, March 28, 2009. G20 will take place in London on April 2, 2009. (AP Photo/Thibault Camus)AP – Wall Street got positive news on Thursday from corporate America.