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Tuesday, March 31, 2009

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Monday, March 30, 2009

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With the economy tough and my adult children now back at home (cost savings for them!), here are my ideas for saving money: Morning coffee: I brew my own at a cost of $5 a month and reuse a travel mug. Lunches: I brown-bag leftovers or frozen entrees ...



Friday, March 27, 2009

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March 27 (Bloomberg) -- U.S. stock futures fell, indicating the Standard & Poors 500 Index may trim its biggest monthly gain since 1974, and shares in Europe dropped as the U.K. economy contracted more than estimated. Intel Corp. slid 1.6 percent ...



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Wednesday, March 25, 2009

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WELLINGTON, March 26 (Reuters) - Asian shares are set to gain on Thursday after unexpectedly stronger U.S. housing and durable goods data raised hopes the U.S. economy may be starting to recover. The main U.S. stock indexes finished as much as 1.2 ...


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Tuesday, March 24, 2009

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TOKYO, March 25 (Reuters) - The benchmark Nikkei average was down 0.6 percent and the broader TOPIX down 0.3 percent as of 0529 GMT on Wednesday. The following stocks were on the move: **MITSUBISHI TANABE DIVES ON DRUG DATA PROBLEMS** Mitsubishi ...


MUMBAI: Oil prices were down in Asian trade Wednesday after recent gains on hopes of some recovery in the US economy. New York's main futures contract, light sweet crude for delivery in May, was at $53.31 per barrel and Brent North Sea crude for May ...



Monday, March 23, 2009

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NEW YORK (CNNMoney.com) -- Stocks rallied Monday near midday as investors hailed Treasury's plan to buy up billions in bad bank assets, seeing it as a critical move in stabilizing the financial system. The Dow Jones industrial average ( INDU ) gained ...


Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Neither ...



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SINGAPORE (Dow Jones)--Several Asian stock indexes rose 3% or more Monday, with financials leading the rally as investors awaited U.S. Treasury Secretary Timothy Geithner's plan to stabilize U.S. banks. Energy stocks provided additional thrust as ...



Saturday, March 21, 2009

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EVERETT -- Shares of Frontier Financial Corp. dropped 37 percent Friday, fueling concerns about the future of Everett-based Frontier Bank. Frontier was not one of three banks seized nationwide by the federal government on Friday. The local bank has ...



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Thursday, March 19, 2009

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NEW YORK - Investors had a change of heart about the Federal Reserve's plans to buy Treasury bonds and doused Wall Street's two-week-old rally. Banking and other financial shares pulled the market lower Thursday as investors worried the the Fed's ...



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NEW YORK Investors gave up some of their big gains Wednesday as they awaited the conclusion of the Federal Reserve's interest rate meeting. The Fed is expected to leave rates at their current historically low level following its two-day meeting ...


NEW YORK, March 18 (Reuters) - The Nasdaq composite .IXIC briefly turned positive on Wednesday as Sun Microsystems ( JAVA.O ) soared nearly 65 percent following a report that IBM ( IBM.N ) was in talks to buy the computer maker. The Dow industrials ...



Wednesday, March 18, 2009

Forex Trading



PEACHTREE CITY, GA -- (Marketwire) -- 03/18/09 -- Forex traders can make money even in a faltering economy -- if they remember a few maxims that point the way to smart forex strategies. "It's possible to make a profit in forex even when the economy ...


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NEW YORK (Dow Jones)--The Federal Reserve has resorted to the printing press, and stock traders hailed the move with a rally. The Federal Reserve's decision to bring down interest rates by buying long-term Treasurys and more mortgage securities ...


Sun Microsystems is reported to be in negotiations for a possible $6.5 billion sale to IBM , a deal that would shake up the global tech industry and spell the end of a venerable but now-struggling Silicon Valley pioneer. The talks were reported this ...



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Tuesday, March 17, 2009

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NEW YORK - Wall Street got some good news from Citigroup, and responded with a huge rally. Led by financial stocks, the market made its first big move upward in weeks Tuesday after Citigroup Inc. said it had operated at a profit during the first two ...


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Monday, March 16, 2009

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Rate follows GBP in two-way action, holding support now above the 1.2720 area. Aggressive traders can add to open longs on this dip but BE CAREFUL as volatility is just huge. Test of today's lows likely at this point but traders note big names on the ...



Saturday, March 14, 2009

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NEW YORK -- A stunning about-face in bank shares handed the stock market its best week since November. The market has shot up as much over the past several days as it might in some years, with major indicators chalking up gains of around 10 percent ...



Thursday, March 12, 2009

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European Union businesses say that some 4.5 million workers may lose their jobs this year as company profits plunge. BusinessEurope, which represents more than 20 million European companies, said it expected the European Central Bank to lower ...


Biotechnology company Gilead Sciences said today it will buy CV Therapeutics for about $1.4 billion as a wave of consolidation in the drug industry continues. Gilead, best known for its HIV drugs, said it will pay $20 per share in cash for Palo Alto ...



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Wednesday, March 11, 2009

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The USD is holding gains into the end of New York trading today after solid two-way action overnight put the Greenback on the offensive into this morning. Rising to new weekly highs against GBP and yearly highs against CAD; other major pairs remain ...


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Tuesday, March 10, 2009

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By Satomi Noguchi TOKYO, March 6 (Reuters) - The dollar slipped against the euro and most other major currencies on Friday as investors braced for a U.S. jobs report, triming gains made the previous day on its perceived safety after U.S. shares fell ...


TOKYO, March 3 (Reuters) - The yen edged up broadly on Tuesday as the gap in interest rates between Japan and other countries is expected to narrow this week. The dollar index, a gauge of the currency's strength against a basket of six other major ...



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While many strategists and investors are ducking for cover in this environment, Tobias Levkovich, strategist at Citigroup, has made an interesting recommendation - switch away from defensives and toward cyclical stocks. In a note released to clients ...


3/9/2009 9:17:21 AM(RTTNews) After posting a steep loss in the previous session, shares of Amazon.com Inc. (AMZN) may regain some ground in early trading on Monday. The online retailer is moving higher in pre-market trading, rising $0.67 or 1.1% to ...



Monday, March 9, 2009

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OMAHA, Neb. Billionaire Warren Buffett remains confident that America's best days are ahead, but he says the nation likely will face higher unemployment and eventually inflation because of the current economic crisis. Buffett said the nation's ...


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Sunday, March 8, 2009

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One area financial advisor says stock market investors are in a "puke period," jolted back and forth by sharp, zigzagging rises and falls in the Dow Jones industrial average and other indexes. Another is urging clients to have a "Holy Mackerel ...


But a sweeping reform of health care access and cost in the United States could go a long way to making the Detroit Three automakers more competitive with foreign-based rivals -- if they can survive long enough to see it. On Thursday, Obama ...



Saturday, March 7, 2009

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NEW YORK (Dow Jones)--Leading foreign exchange trading platform EBS Electronic Broking Services was temporarily shut down Thursday due to technical problems just as trading volumes were hitting peaks in the wake of rate cuts from two major central ...



Friday, March 6, 2009

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Updated from 12:50 p.m. EST Shipping-stock investors, queasy from another week of ups and downs, watched their stocks rise Friday afternoon. Eagle Bulk Shipping ( EGLE Quote - Cramer on EGLE - Stock Picks ) shares rose 17.1% Friday to end the trading ...



Thursday, March 5, 2009

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Yahoos board of directors plans to reject Microsofts unsolicited $44.6 billion takeover bid, The Wall Street Journal reported Saturday, citing as its source a person familiar with the situation. According to the report, the source said ...



Wednesday, March 4, 2009

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HONG KONG, March 5 (Reuters) - Hong Kong shares will start 1.3 percent higher on Thursday with China stocks outperforming, after China's premier reaffirmed the country's economy would grow 8 percent in 2009, while a firmer start for HSBC ( 0005.HK ...



Monday, March 2, 2009

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Home buyers have shrugged off the gloom in the financial markets, to snap up new homes at levels not seen since last July. The number of new home sales leapt 8 percent in January, as buyers cashed in on tumbling mortgage rates and government grants ...


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CLEVELAND, OH--(Marketwire - March 2, 2009) - Developers Diversified Realty ( NYSE : DDR ), the nation's leading owner, manager and developer of market-dominant shopping centers, declared its first quarter 2009 common stock dividend of $0.20 per ...


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Sunday, March 1, 2009

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Since late last year, financial adviser Judith Lau has been telling clients she has decided "to unhook from the traditional buy-and-hold strategy." In the past two to three months, she has stepped up her clients' allocation to cash and bonds, which ...