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Saturday, November 29, 2008

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NEW YORK (AP) -- Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more ...


NEW YORK - Since the Nov. 4 U.S. election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long and deep recession. Even after a late-day rally on ...



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Carl Icahn says he likes Jerry Yang and notes the former Yahoo CEO is a charismatic guy, but Yahoo needs to do a Microsoft search deal since the company cant afford to fight Google. Icahns remarks, made in an interview with Barrons ...


Eric Schmidt is fond of saying it would take Google 300 years to achieve its goals. I always thought he must have been at least partly joking. The shelf life of Internet companies is short; its taken Yahoo and eBay little more than a decade to ...



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KUWAIT CITY, November 23, 2008 (AFP) - Most stock markets in the energy-rich Gulf slumped on the week's opener Sunday as intervention by governments failed to restore sentiment among investors worried by global financial turmoil. Riyadh cut interest ...


Nov 24, 2008 (LBO) Sri Lanka's central bank has printed and injected money up to nine months at rates lower than its penal discount window to sterilize interventions in the forex market, the latest data showed. To receive instant alerts from LBO ...



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A few weeks ago, I took on the favourite technical indicator challenge by reminding investors that no technical or fundamental study works all the time. If one did, we'd all be using it. I also mentioned the contrarian strategy of monitoring ...



Friday, November 28, 2008

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They call the conclusion of a chess match the end game, and it takes special skills to master that part of the contest. In the stock market, we have the end-of-the-year-game. What makes this time of the year so unique is the tax-loss selling and ...



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Many shoppers said the sagging economy forced them to cut gift lists this year and tighten holiday budgets. Grabbing a $400 laptop or a 50-inch plasma television for less than $800 would help stretch wallets further, they said. Discounts meant more ...



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lower ahead of the weekend's OPEC meeting. Futures for the DJ Euro Stoxx50, for Germany's DAX and for France's CAC trade 0.2 percent lower to 0.1 percent higher. Eurozone inflation data, due at 1000 GMT, and oil prices will be in focus


MUMBAI: The Bombay Stock Exchange benchmark Sensex fell by over 137 points in early trade on fresh selling by foreign funds, after reopening of the stock market today, a day after the shattering terrorist attack here. The 30-share index, which had ...



Thursday, November 27, 2008

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Home appliance and rental company RR Australia Ltd, which trades as Radio Rentals, has reported a 29 per cent lift in half-year net profit on growing demand for flat panel TVs and computers. Radio Rentals said tougher market conditions were working ...



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Four free stock picks are being made available today on Zacks.com. The industry"s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth ...


Genting suffers RM40m quarterly loss Morgan Stanley slashes Maybank target price Malaysia Nov palm stocks may hit fresh record high Buy 'butterfly' options on ringgit fall: Morgan IOI terminates deal to buy Menara Citibank Malaysian shares to rebound ...



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HONG KONG, Nov 27 (Reuters) - Hong Kong shares pulled back from early highs on Thursday afternoon as investors locked in gains made on Chinese stocks following the country's most aggressive interest rate reductions in more than a decade. At 0715 GMT ...



Wednesday, November 26, 2008

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Easy-Forex has established an office in London, just months after launching its new forex trading platform, the Visual Trading Machine. "Although we are an online service, Easy-Forex is well known for its high level of personal service. Our new ...


High prints in early New York as stocks firm further ahead of the US open. Follow-on selling drops the rate into light stops after IFO data released but lows hold above Friday's action. Rally off the lows to score highs at 1.2740 area suggests bids ...



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By Satomi Noguchi TOKYO, Nov 26 (Reuters) - A plunge in Tokyo shares and a surge in the yen battered Japanese life insurers in the six months to the end of September, making these conservative investors yet more cautious amid the global financial ...


The largest leveraged buyout in history is unlikely to close after Canadian telecom company BCE Inc. said Wednesday a preliminary review has found the proposed $35 billion privatization deal may not meet solvency requirements. BCE, the parent of Bell ...



Tuesday, November 25, 2008

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The government's latest bailout of a big financial company - this time, Citigroup Inc. - sent Wall Street soaring Monday for the second straight session as investors bet that the worst of the financial industry's problems might finally be over. The ...


NEW YORK - Shares of Exelon Corp., a power producer and utility operator, rose on Tuesday after NRG Energy Corp. rejected Exelon's unsolicited buyout offer and investors bought up more utility stocks. Exelon shares rose 68 cents, or 1.3 percent, to ...



Monday, November 24, 2008

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The market malaise has had an effect on just about every sector of the market. Techn stocks like Cisco (Nasdaq: CSCO ) in particular have had a very tough go of it lately. It controls almost a quarter of the market for network security and 61% of the ...



Sunday, November 23, 2008

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SEOUL, Nov 24 (Reuters) - Seoul shares may rise on Monday after big gains in Wall Street on Friday, but eyes will be on a special central bank meeting on Monday to discuss its possible role in a government fund to help cash-strapped local firms. The ...



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Twelve-year-old Amanda Chung and her fellow speculators at Skyline Middle School in Pike Creek made a killing in the stock market early last month by buying shares in banks on the heels of the big government bailout. "In the beginning, the banks ...


Under the banner of the group's financial products distribution unit Reliance Money, the new venture would make available a wide variety of products for e-shopping, ranging from financial products like IPOs, mutual funds, insurance policies and gold ...



Saturday, November 22, 2008

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NEW YORK, Nov 16 (Reuters) -Investors worried about Colgate-Palmolive Co's (CL.N: Quote , Profile , Research , Stock Buzz ) reliance on international markets may have lost sight of the company's defensive position and promising outlook, business ...


Who knew the Toronto Maple Leafs needed a general manager? Well, everybody, actually. The Leafs' lust for Burke was hardly a secret across the NHL. The only thing preventing him from being named their next president and general manager is a few days ...



Friday, November 21, 2008

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Shares of BioMarin Pharmaceutical Inc. rose Friday after Citi upgraded the stock based on the sales potential for its three approved treatments, its early-stage development products and healthy cash position. The stock rose 47 cents, or 3.5 percent ...



Thursday, November 20, 2008

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The TA-100 dropped by 5.3 percent to 552 points. The Tel-Tech also registered sharp losses, shedding 6.5 percent. Turnover was at NIS 1.5 billion. Meanwhile, European shares extended losses in afternoon trade on Thursday, trading 5.5 percent lower as ...


Indexes staged a pell-mell retreat as Democratic leaders opted to delay a vote on automaker aid until December. Energy and financial issues headed the slide. The NYSE composite swooned 3.2% as its Energy Index toppled 6.3% and the Financial Index ...



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Anxious investors pushed Citigroup Inc. shares into a deeper nosedive, putting even more pressure on Chief Executive Vikram Pandit to shore up confidence in the struggling bank. Wednesday's stock-price plunge of 23% was the steepest percentage ...



Wednesday, November 19, 2008

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Nov. 19 (Bloomberg) -- U.K. stocks declined as investors speculated the global recession is worsening and oil and metals prices slid. Royal Dutch Shell Plc , Europe's largest oil company, and Rio Tinto Group dropped. HSBC Holdings Plc led financial ...


US stocks sank and benchmark indexes slid to their lowest levels since 2003 on growing concern over the health of the financial system and survival of the nation's car industry. Citigroup tumbled 23% to $US6.40, a 13-year low, on a plan to buy $US17 ...



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Circuit City Stores Inc ( CCTYQ ) Stock Quote , Chart , News , Add to Watchlist ATLANTA (Reuters) - Best Buy Co Inc , the No. 1 U.S. electronics chain, slashed its profit forecast on Wednesday, the latest sign that the deepening economic crisis may ...



Tuesday, November 18, 2008

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Nov. 18 (Bloomberg) -- German stocks declined for a second day as concern deepened that a global recession will stifle earnings growth. Hypo Real Estate Holding AG plunged 10 percent to a record low. UniCredit Markets & Investment Banking confirmed ...



Monday, November 17, 2008

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The new and upgraded Forex software trading systems are more sophisticated than they have ever been and are helping currency investors accumulate profits at a higher rate than ever before. The top private investors in the Foreign Exchange Markets are ...


Where will the EUR/USD be ten months form now? I couldn't care less. Neither should you. http://www.forextradingtips.com/ Forex News - Currency News and Analysis Forex News is a complete source for the global currency markets. We offer intraday ...



Sunday, November 16, 2008

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Oct. 2 - Irish lawmakers vote to enact legislation guaranteeing Irish bank deposits and debts up to a total of 400 billion euros ($554 billion). Oct. 3 - The U.S. House of Representatives passes a revised $700 billion U.S. bailout plan which will ...


JOHANNESBURG (Reuters) - South African stocks opened sharply higher on Monday as global efforts to boost growth lifted Asian shares and commodity prices, bolstering risk appetite. The Johannesburg Top-40 index of blue-chip stocks was 2.61 percent up ...



Saturday, November 15, 2008

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Pedestrians look up at an electric market board in Tokyo, Monday, Nov. 10, 2008. Japan's key stock index jumped more than 5 percent in early trade Monday as sentiment turned upbeat on China's massive economic stimulus package and a weakening yen ...



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Nov 15 2008 - 6:00am Jennifer Aniston was everywhere this week, from her hot photo shoot in Vogue to sitting down with Oprah to grabbing dinner with John Mayer . Her comments about Angelina caused a bit of a stir, but she ended the week on a high ...



Friday, November 14, 2008

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Bond insurer Assured Guaranty Ltd. on Friday struck a $722 million deal to acquire rival Financial Securities Assurance Holdings from French-Belgian lender Dexia. Dexia, which has struggled amid the credit crunch, will receive $361 million and 44.6 ...


HONG KONG Asian stock markets on Thursday had some of their steepest declines this month, amid fresh worries about the state of the U.S. and Chinese economies, and poor corporate news out of the United States. Key indexes like the Nikkei 225 in ...



Thursday, November 13, 2008

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Thursday, November 13, 2008 (11-12) 17:27 PST -- Dismal sales figures released Wednesday by two major retailers - department store chain Macy's Inc. and electronics seller Best Buy Co. - showed that Americans are curbing their spending in turbulent ...



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PARIS, Nov 13 (Reuters) - European stocks fell on Thursday, declining for the fifth time in seven sessions and ending at their lowest closing level in two weeks on lingering worries over the global economy and corporate profits. The FTSEurofirst 300 ...



Wednesday, November 12, 2008

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U.S. stocks on Wednesday fell to new November lows as Treasury Secretary Henry Paulson shifted the focus of the government's bailout plan from troubled mortgage assets to consumer credit and Best Buy Co. Inc. cut its outlook. "Investors are likely to ...


It's appeal is more sober, more serious than, say, Topshop or Bhs, offering suits and formal wear for the discerning British male, and on Wednesday Moss Bros attracted the attention of one of the big hitters of the British high street when Sir Philip ...



Tuesday, November 11, 2008

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CAMPBELL, Calif. (AP) - Rainmaker Systems Inc., a maker of marketing and sales software, said on Tuesday it plans a second round of cuts to yield total annual savings of $11 million. Rainmaker, whose stock has recently fallen below $1 per share, did ...



Monday, November 10, 2008

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Buying local gives state boost Push to encourage consumers to buy Michigan-made products aims to strengthen region's economy, maintain jobs Jennifer Youssef / The Detroit News As Kevin Berman shopped farms in Metro Detroit for organic fruit and ...


Nov 4 (Reuters) - At least one brokerage downgraded Coldwater Creek Inc and two others cut their price target on its stock after the women's-apparel retailer forecast a third-quarter loss and withdrew its fourth-quarter outlook. 'In light of the poor ...



Sunday, November 9, 2008

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Sunday, November 9, 2008 If you missed those columns, investors buy preferred shares for the steady dividends; they usually have little or no appreciation potential. However, due to current market conditions, preferreds are paying unusually high ...


NEW YORK: Indian shares listed in the United States witnessed erosion of nearly $3 billion in their market valuations for the first week of this month, as fears of an economic turmoil deepening further battered the stock markets. The 16 Indian ...



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Europes largest distributor of digital news, EIN News, and the currency trading firm Xforex have entered into an advertising agreement. Prague, Czech Republic (PRnine - November 6, 2008) - Europes largest distributor of digital news, EIN News ...


EIN News XForex predicts an exciting week in forex trading as the ECB and Bank of England gear up for rate cuts.Toronto, Ontario (XFOREX) November 2nd, 2008 - - October was a month that most investors will be glad to see the back of. November is ...



Saturday, November 8, 2008

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Nov 06 - Trading Signals Update: Breakout Strategies May Underperform on Range-bound Currency Price Action Nov 05 - Forex Markets Gear up for Rangebound Price Action as Euro Fails to Break out Nov 03 - Currency Trading Strategies from DailyFX+ Prove ...


EIN News XForex predicts an exciting week in forex trading as the ECB and Bank of England gear up for rate cuts.Toronto, Ontario (XFOREX) November 2nd, 2008 - - October was a month that most investors will be glad to see the back of. November is ...



Friday, November 7, 2008

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SSE (Shanghai Stock Exchange) Fund Index opened at 2,289.37 and closed at 2,358.72, jumping 82.42 points or 3.62 percent. The index was once up to 2,386.16 at the highest and off to 2,288.48 at the lowest during the full-day session. SSE (Shenzhen ...



Wednesday, November 5, 2008

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LONDON, Nov 6 (Reuters) - European shares are set to open sharply lower on Thursday, financial bookmakers said, tracking weakness in the U.S. and Asian markets on worries of a deep recession amid more evidence that the U.S. economy is shrinking ...



Tuesday, November 4, 2008

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The New York Stock Exchange, draped with the American flag. Whats up, Lenny, a broker on the floor of the New York Stock Exchange says, just before the ringing of the Pavlovian bell that opens the financial market. Lenny answers this morning ...


Nothing puts a mutual-fund manager to the test like a severe market drubbing, and the results so far this year are disappointing. Some 60% of actively managed U.S.-stock funds posted bigger losses than their benchmark indexes this year through Oct ...



Monday, November 3, 2008

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Share prices on the London Stock Exchange closed up Monday. Share your observations and experiences about news. Lively, open debate is the goal, but please refrain from personal attacks or comments that are racist, vulgar or otherwise inappropriate ...



Sunday, November 2, 2008

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CRITICS of market timing argue that its hard, if not impossible, to consistently beat a buy-and-hold approach by jumping back and forth between stocks and cash. But new research raises the tantalizing possibility that you can do as well as the ...



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Responding in a stump speech to Obamas alleged criticism of Western Pennsylvania, McCain ties himself into something of a linguistic knot and, in the second clip , unwittingly risks offending the hardcore Christian Right in even cruder fashion


Investors seeking a defensive investment in today's turbulent stock market can't do much better than Exxon Mobil. While the world's largest energy company hasn't been immune from the market's gyrations, its stock could rebound ahead of other energy ...



Saturday, November 1, 2008

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Investors' emotions are running high: They're bolting out of stock funds (including stock exchange-traded funds) and into gold and bonds especially treasuries . A great way to keep that emotional-investing habit in check is to have a strategy ...


WASHINGTON - Evidence of a recession piled ever higher Friday, with new figures showing Americans are spending less and gloomy about the economy, while the government signaled it won't buy stock in the financing arms of auto companies to prop them up ...