Obama seeks input of bank CEOs on recovery plans

Posted by admin on March 28, 2009 under News | Be the First to Comment

Obama seeks input of bank CEOs on recovery plans
WASHINGTON — President Barack Obama wants to hear from the chief executives of some of the country's biggest banks as he caps a week in which he clarified his overall plan for stabilizing the fi…

FTSE closes slightly up (AFP)

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FTSE closes slightly up (AFP)

Leading stocks in London closed marginally higher on Thursday despite mixed US data dampening hopes for a break in the economic gloom.(AFP/File/Ben Stansall)AFP – Leading stocks in London closed marginally higher on Thursday despite mixed US data dampening hopes for a break in the economic gloom.


Argentina leaps as resources, Wall Street surge

Posted by admin on March 27, 2009 under News | 3 Comments to Read

Argentina leaps as resources, Wall Street surge
LOS ANGELES (MarketWatch) — Latin American equity markets climbed Thursday, fueled by a climb in prices for commodities and a surge on Wall Street on optimism that the U.S. economy may be on track fo…

TSX extends gains, powered by energy group (Reuters)

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TSX extends gains, powered by energy group (Reuters)
Reuters – Toronto’s main stock index rose more than 2 percent on Thursday, pulled higher by energy issues, which climbed with oil prices on optimism that government stimulus measures may be helping to jolt the global economy out of recession.

How the Dow Jones industrials fared Thursday

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How the Dow Jones industrials fared Thursday
2:47 p.m. March 26, 2009 Wall Street got positive news on Thursday from corporate America. Best Buy Co., ConAgra Foods Inc., and Dr Pepper Snapple Group Inc. all turned in quarterly results that be…

Wall Street slumps after massive rally (AFP)

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Wall Street slumps after massive rally (AFP)

An American flag hangs above financial professionals working on the floor of the New York Stock Exchange near the end of the trading day on March 23, 2009 in New York City. Wall Street fell heavily Tuesday as investors retreated from a sizzling stock rally a day earlier fueled by a new US government plan to clean up toxic assets in the banking system.(AFP/Getty Images/File/Chris Hondros)AFP – Wall Street fell heavily Tuesday as investors retreated from a sizzling stock rally a day earlier fueled by a new US government plan to clean up toxic assets in the banking system.


SEC chairman sees independent role for agency

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SEC chairman sees independent role for agency
WASHINGTON — 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 regul…

European shares mixed; Wall Street set to gain (AP)

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European shares mixed; Wall Street set to gain (AP)

Hong Kong billionaire Li Ka-shing, chairman of Cheung Kong and Hutchison Whampoa, reacts during a press conference in Hong Kong Thursday, March 26, 2009. Cheung Kong, Li's flagship developer gained 1.9 percent despite reporting a drop in full-year profit. Hutchison Whampoa added 3.3 percent on slower but better-than-expected growth. (AP Photo/Vincent Yu)AP – European markets lacked direction Thursday as investors waited for the open on Wall Street, where stocks were expected to rise, as well as readings on U.S. economic output and weekly unemployment claims.


Rear-ender set off chain of events involving off-duty cop

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Rear-ender set off chain of events involving off-duty cop
7:56 p.m. March 25, 2009 LAKESIDE – An off-duty Los Angeles police officer was heading to a fast-food restaurant with his wife and 3-year old son when his personal vehicle was rear-ended, sta…

Markets soar on stimulus plan despite WTO warning (AFP)

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Markets soar on stimulus plan despite WTO warning (AFP)

An investor checks the stock index at a securities firm in Taipei, Taiwan on March 24. Upbeat investors have sent stock markets soaring on hopes that a quick fix for the economic crisis would take hold, despite a warning from the World Trade Organisation that trade is is set for its biggest fall since World War II.(AFP/Sam Yeh)AFP – Upbeat investors sent stock markets soaring Tuesday on hopes of a quick fix for the economic crisis, despite a warning that world trade is set for its biggest fall since World War II.