January 22nd, 2009 | No Comments »
AP - U.S. consumers may have stayed home this holiday season, but no matter for Apple, which managed to turn a profit in the last quarter as people elsewhere stocked up on iPods, Macbooks and other goodies.
Published in General |
January 22nd, 2009 | No Comments »
Reuters - World stocks rose from this week’s 7-week low on Thursday as banking shares recovered after a heavy sell-off, while European government bonds tumbled on concerns the countries may borrow more to boost the economy.
Published in General |
December 8th, 2008 | No Comments »
Reuters - Stocks rallied on Monday, sending the Dow briefly above 9,000, on optimism that President-elect Barack Obama’s plan to invest in a massive infrastructure plan will bolster the economy and on hopes for a rescue plan for automakers.
Published in General |
December 8th, 2008 | No Comments »
Reuters - More than half of mortgages modified in a bid to avoid foreclosure fell delinquent within six months, a top U.S. banking regulator said on Monday, casting doubt on a proposal to rewrite home loans en masse.
Published in General |
December 6th, 2008 | No Comments »
Reuters - Stocks jumped on Friday as investors bet that a steep drop in oil prices will boost consumer spending, lifting retail stocks and offsetting government data showing half a million jobs were lost in November.
Published in General |
December 6th, 2008 | No Comments »
Reuters - Extending Friday’s rally into next week is a tall order for U.S. stocks, given more data set to show the job market and retail sector are in deep distress and little hope for a respite from dismal corporate outlooks.
Published in General |
December 4th, 2008 | No Comments »
Reuters - Asian shares fell on Thursday as more bad news piled up for the global economy, while the dollar and yen steadied as central banks in the UK and Europe were set to cut interest rates to their lowest in years.
Published in General |
December 4th, 2008 | No Comments »
Reuters - Oil fell below $46 a barrel to its lowest in nearly four years on Thursday, extending four consecutive days of falls as continued demand worries minimized bullish draws in U.S. oil stocks.
Published in General |
December 3rd, 2008 | No Comments »
Reuters - Stocks rose for a second day on Wednesday as investors flocked to shares of Coke and other companies that hold up well in recessions following another round of disappointing economic data and corporate outlooks.
Published in General |
December 2nd, 2008 | No Comments »
Reuters - Stocks snapped back on Tuesday after a pledge by General Electric , a global bellwether, to leave its dividend intact in a fragile economy sparked optimism.
Published in General |
December 2nd, 2008 | No Comments »
AP - Yahoo Inc.’s stock rallied Tuesday on a report that AOL’s former chief executive believes he can raise enough money in a worsening recession to buy the struggling Internet company for as much as $30 billion.
Published in General |
December 2nd, 2008 | No Comments »
Reuters - Asian equities slid on Tuesday after signs of a deepening global economic slump slammed stocks worldwide the previous day, driving benchmark U.S. Treasury yields to their lowest since the 1950s.
Published in General |
December 2nd, 2008 | No Comments »
STOCKHOLM, SWEDEN–(Marketwire - December 2, 2008) -
Enea Ties its Corporate Social Responsibility
to Employee Volunteer Activities
Enea® (Nordic Exchange/Small
Cap/ENEA), a world leading provider of network software [...]
Published in Market News |
December 2nd, 2008 | No Comments »
BEVERLY HILLS, CA–(Marketwire - December 1, 2008) - Salon City, Inc. (OTCBB: SLON) announced
today that the effective date of its pending 1-for-100 reverse stock split
has been postponed until the open of business on Tuesday, December 2, 2008.
The Company had previously announced that its reverse stock split would
become effective on December 1st.
Regarding this brief postponement, [...]
Published in Market News |
December 1st, 2008 | No Comments »
Reuters - Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week’s sharp gains, with banks and retailers among Wall Street’s biggest casualties.
Published in General |
December 1st, 2008 | No Comments »
Fannie Mae is taking on yet another threat to its continued survival. In a filing with the U.S. Securities and Exchange Commission (SEC) last Wednesday, the corporation announced its intention to work with the New York Stock Exchange (NYSE) to bring the…(read more)
Published in Mortgage News |
December 1st, 2008 | No Comments »
Reuters - Stocks extended losses on Monday as a report showing further contraction in a gauge of manufacturing activity added to worries about the deepening world economic slump.
Published in General |
November 29th, 2008 | No Comments »
LONDON, UK–(Marketwire - November 28, 2008) -
Smith & Nephew plc - Voting Rights and Capital
28 November 2008
In conformity with Rule 5.6.1 of the FSA’s Disclosure
and Transparency Rules, we notify the market that as at 28
November 2008:
Smith & Nephew plc’s issued share capital with voting rights consists
of 883,084,314 ordinary shares of US20c each.
66,634,911 ordinary [...]
Published in Market News |
November 29th, 2008 | No Comments »
Reuters - Wall Street may struggle to build on its best week in almost 30 years next week, as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.
Published in General |
November 29th, 2008 | No Comments »
Reuters - U.S. stocks rose on Friday on light volume in an abbreviated session, capping the best week for the S&P 500 since at least 1980, as investors hoped government and central bank moves unveiled this week would boost the economy.
Published in General |
November 27th, 2008 | 2 Comments »
TORONTO, ONTARIO–(Marketwire - Nov. 27, 2008) - Primaris Retail Real Estate Investment Trust (TSX:PMZ.UN) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to conduct a normal course issuer bid to enable it to purchase up to 3,000,000 of its 62,258,250 trust units (”Units”) outstanding, representing approximately 5.03 % [...]
Published in Market News |
November 27th, 2008 | No Comments »
Citigroup CEO Vikram Pandit said short sellers and plummeting confidence in the financial system are to blame for the plunge in Citigroup's stock last week. In an interview with the Charlie Rose Show, Pandit said his company is not too big to manage…(read more)
Published in Mortgage News |
November 27th, 2008 | No Comments »
Reuters - Global stocks hit two-week highs on Thursday with European equities playing catch up to strong gains overseas, but more grim economic reports briefly sent government bond yields in Europe to a fresh three-year low.
Published in General |
November 26th, 2008 | No Comments »
Reuters - Stocks climbed on Wednesday as investors snapped up tech stocks trading near their cheapest levels in five years, and renewed hopes of a General Motors bailout helped investors shrug off data depicting a worsening global economic downturn.
Published in General |
November 25th, 2008 | No Comments »
Reuters - American International Group Inc says it has completed completed a $40 billion preferred stock sale to the U.S. Department of Treasury under TARP.
Published in General |