Stock Markets Exposed

Stock Market News

Bank of America reports profit drop, cuts dividend, raise capitalMonday, October 6, 2008 @ 6:46PMNEW YORK - Bank of America Corp. on Monday reported its third-quarter results earlier than planned, revealing a 68 per cent profit drop and plans to boost capital by selling stock and halving its dividend.

Asian Stocks Tumble in U.S.; Financial, Commodity Shares SlideMonday, October 6, 2008 @ 6:46PMOct. 6 (Bloomberg) -- Asian stocks fell in U.S. trading, led by financial and commodity shares, after bank bailouts spread to Europe and concern global growth is weakening spurred declines in oil and metal prices.

DWS Strategic Income Trust (KST) Declares a Monthly DistributionMonday, October 6, 2008 @ 6:45PMDWS Strategic Income Trust (NYSE: KST) declared a monthly distribution of $0.07 per share, payable on October 31, 2008 to shareholders of record on October 16, 2008. The ex-date is October 14, 2008. The previous monthly distribution was $0.07 per share.

DWS Municipal Income Trust (KTF) Declares a Monthly DistributionMonday, October 6, 2008 @ 6:45PMDWS Municipal Income Trust (NYSE: KTF) declared a monthly distribution of $0.051 per common share, payable on October 31, 2008 to shareholders of record on October 16, 2008. The ex-date is October 14, 2008. The previous monthly distribution was $0.051 per share.

Paulson Talking to Bernanke, Working on TARP Program (Update4)Monday, October 6, 2008 @ 6:44PMOct. 6 (Bloomberg) -- Treasury Secretary Henry Paulson consulted with Federal Reserve Chairman Ben S. Bernanke as stocks slid worldwide and met with his team to set up the $700 billion program to shore up the financial system.