Stock Trading News
- In change of course, Wells Fargo acquires Wachovia for $15.1B Saturday, October 4, 2008 @ 1:39AMNEW YORK -- In an abrupt change, Wachovia said Friday it agreed to be acquired by San Francisco-based Wells Fargo & Co. in a $15.1 billion all-stock deal that trumps Citigroup’s plan to acquire Wachovia’s banking operations and avoids government assistance.
- Wells Fargo buying Wachovia with no government aid Saturday, October 4, 2008 @ 1:22AMNEW YORK — In an abrupt change that avoids government assistance, Wachovia said Friday it agreed to be acquired by Wells Fargo & Co. in a $15.1 billion all-stock deal that trumps Citigroup’s plan to acquire Wachovia’s banking operations and avoids government assistance.
- Markets drop ahead of US vote Saturday, October 4, 2008 @ 1:18AMEUROPEAN stocks fell yesterday, with losses less acute than in Asia where Tokyo matched Wall Street by striking a three- year low, as US lawmakers prepared to vote on the bailout package.
- Expect a new order after Sunday, September 28, 2008 @ 6:30PMWhen Warren Buffett speaks, the world listens. When he acts, the world better pay attention. Mr Buffett has bought about 10% of Goldman Sachs. The market considered the purchase a sign of confide...
- Wall Street crisis: lawmakers agree on bailout Blueprint Sunday, September 28, 2008 @ 6:16PMNEW YORK (September 29 2008): US Congressional leaders agreed on Sunday to the underpinnings of a deal that will allow the Treasury Department to buy up to $700 billion in troubled securities to soothe global credit markets.
- Nizam-e-Adal Regulation 2008 to be implemented in December Sunday, September 28, 2008 @ 6:15PMPESHAWAR : The process of implementation of Nizam-e-Adal Regulation 2008 would be completed till the end of this year whereas Chief Justice of Peshawar High Court would appoint new 94 Alaqa Qazi and 6 district Qazi (Additional Session Judges) within 2 ....
- Higher Open Seen For Australia Shares Sunday, September 28, 2008 @ 6:05PM(RTTNews) - A higher open is expected for Australia stocks on Monday, as traders look to Washington for word on a plan to rescue the troubled U.S. financial sector. U.S. lawmakers reported over the weekend that a tentative agreement had been reached and was to be considered by Congress next week.
- Goldman Sachs faults NY Times story on AIG risk Sunday, September 28, 2008 @ 5:57PMGoldman Sachs Group Inc (GS.N) rejected as "seriously misleading" a published report on Sunday that said the Wall Street bank had as much as $20 billion of exposure to the troubled insurance giant American International Group Inc.
- When will the financial crisis hit home? Sunday, September 28, 2008 @ 5:53PMThere is a general acceptance that happenings elsewhere in the world take a while to hit South Africa. In this respect, the ongoing travails in the United States and, increasingly, Europe don’t bode well for us in good ol’ R of SA as we anxiously scour the horizon for trouble.
- Asian Stocks Fall as U.S. Bailout Imperiled; Mitsui Declines Friday, September 26, 2008 @ 3:44AMSept. 26 (Bloomberg) -- Asian stocks fell for a fourth day after talks on a $700 billion U.S. financial bailout plan stalled, Washington Mutual Inc. was seized in the largest U.S. bank failure in history, and shipping rates sank the most in 23 years.
- Markets in turmoil as US financial bail-out stalls Friday, September 26, 2008 @ 3:37AMShares in London and Asia fall as talks descend into chaos and American mortgage lender Washington Mutual collapses
- Nation & world business news in brief: Oil prices swing up Friday, September 26, 2008 @ 3:33AMOil prices swung higher in erratic trading Thursday as lawmakers gave preliminary approval to a financial rescue plan that could boost the economy and reverse falling domestic energy demand. Light, sweet crude for November delivery rose $2.29 to settle at $108.02 a barrel on the New York Mercantile Exchange after edging slightly lower for much of the day.
- (AFX UK Focus) 2008-09-26 08:03 GLANCE European Factors--Shares set to fall on U.S. plan uncertainty Friday, September 26, 2008 @ 3:32AMLONDON, Sept 26 (Reuters) - Index futures pointed to a sharply lower start for European shares on Friday, as the fate of the U.S. $700 billion financial sector bailout plan remained uncertain and as U.S. authorities closed Washington Mutual and sold its assets.
- Focus on Better Performance, Higher Efficiency and Lower Emissions When Haldex Presents Innovations at IAA in Hannover Friday, September 26, 2008 @ 3:32AM STOCKHOLM, Sweden----Regulatory News:
- Botry-Zen back in production Friday, September 19, 2008 @ 1:30PMDunedin biotechnology company Botry-Zen has a new chairman, board and cornerstone shareholder and says production problems have largely been resolved.
- Market surge buys Morgan Stanley some time as talks continue Friday, September 19, 2008 @ 1:28PMA strong stock market rebound gives Morgan Stanley some breathing room, a person familiar with the situation says.
- Stocks soar as officials confirm government rescue plan Friday, September 19, 2008 @ 1:28PMNEW YORK — Wall Street extended a huge rally Friday as investors stormed back into the market, relieved that the government plans to rescue banks from billions of dollars in bad debt. The Dow Jones industrials rose more than 375 points, giving them a massive gain of more than 785 points over two days, and Treasurys fell as money flowed into equities.
- TSX surges Friday, September 19, 2008 @ 1:28PM The Toronto Stock Exchange opened 600 points higher on Friday and went further as news broke that the United States federal government is orchestrating a massive plan to take on toxic assets that have wreaked havoc on the global financial system this year.
- ONGC declares highest dividend by an Indian firm Friday, September 19, 2008 @ 1:26PMNew Delhi, Sep 19 : State-owned Oil Natural Gas Corp (ONGC) Friday declared a dividend of Rs.68.44 billion, the highest by an Indian company in absolute terms.
- Stocks soar in relief rally as govts step up rescue efforts Friday, September 19, 2008 @ 1:26PMLONDON (AFP) - Global stock markets soared on Friday, driven by massive gains in the banks after the US government drafted plans to cordon off the debt and toxic investments at the heart of the global credit crunch.
- Russian stocks rocket amid market volatility Friday, September 19, 2008 @ 1:26PMMOSCOW (AFP) - Russian shares soared Friday, regaining much of the value they lost earlier this week, after the government injected tens of billions of dollars into the markets to stave off a financial massive crisis.
- Market rallies strongly on rescue plans Friday, September 19, 2008 @ 1:26PM Associated Press - September 19, 2008 12:53 PM ET WASHINGTON (AP) - Stock prices are enjoying a leap up, as Washington scurries to avoid a meltdown.
- Market soars on govt. debt plan Friday, September 19, 2008 @ 1:26PMNEW YORK (AP) - Wall Street extended a huge rally Friday as investors stormed back into the market, relieved that the government plans to rescue banks from billions of dollars in bad debt.
- European Stock Futures Are Little Changed; Asian Shares Fall Thursday, September 18, 2008 @ 2:51AMSept. 18 (Bloomberg) -- European stock-index futures were little changed, following declines in the U.S. and Asia, amid concern that credit-market turmoil will spur the collapse of more financial firms and push the economy into a recession.
- Asia stock markets drop sharply Thursday, September 18, 2008 @ 2:50AMHONG KONG, Sept 18, 2008 (AFP) - Asian stock markets dropped sharply again Thursday as the global financial crisis deepened on reports of trouble at more US banks, including Wall Street powerhouse Morgan Stanley.
- Asian markets tumble as financial fears deepen Thursday, September 18, 2008 @ 2:49AM(AP:HONG KONG) Asian stocks tumbled Thursday, tracking declines on Wall Street as investors feared more companies could succumb to the global financial crisis that forced the U.S. to bail out troubled insurer American International Group Inc.
- No headline - 2008-09-18 00:43:05.773671 Thursday, September 18, 2008 @ 2:47AMThe Bush administration Wednesday released $100 million in disaster relief to West Coast salmon fishermen - $70 million less than the amount Congress approved to help those hurt by the sudden collapse of the Pacific Coast salmon industry.
- NSX hit by global crash Thursday, September 18, 2008 @ 2:45AMThe NSX is dominated by companies also listed on the JSE.
- Morgan Stanley in talks as fear grips financials Thursday, September 18, 2008 @ 2:45AM Morgan Stanley topped the list of major financial services firms scrambling to sell themselves as fear gripped global credit and stock markets, with former emerging markets darling Russia paralyzed.
- European markets slide on Lehman woes Wednesday, September 17, 2008 @ 9:32AMPARIS — World stock markets swooned again today as the global financial crisis caused investors to worry that asset prices have yet to hit rock bottom.
- Today is: Wednesday, September 17, 2008 @ 12:32AMWednesday, September 17, 2008, Ramadan 16, 1429 A.H. SINGAPORE (Agencies): Oil prices plummeted Tuesday in Asia, falling below $92 a barrel as investors feared the U.S. credit crisis that brought down brokerage giant Lehman Brothers will drag on global economic growth and restrain demand for crude.
- Stocks end higher after Fed keeps rates unchanged (UPDATED: 1:26 p.m.) Wednesday, September 17, 2008 @ 12:28AM NEW YORK (AP) — Wall Street ended another tumultuous session with a sizable gain today, partly recovering from its worst sell-off in years after the Federal Reserve said it was keeping interest rates steady.
- Indian market may open higher, Singapore Nifty flat Wednesday, September 17, 2008 @ 12:28AM(RTTNews) - Wednesday, the Indian market is likely to open higher, tracking notable gains in the US markets overnight.
- Yen Falls for Second Day Against Dollar After Fed Rescue of AIG Wednesday, September 17, 2008 @ 12:23AMSept. 17 (Bloomberg) -- The yen fell for a second day against the dollar after the Federal Reserve said it will lend as much as $85 billion to American International Group Inc., helping prevent credit markets from seizing up.
- Daily Digest of Business Wednesday, September 17, 2008 @ 12:22AM DEVELOPMENT Temporary park suggested for Park East land A section of the vacant Park East...
- The Ticker Wednesday, September 17, 2008 @ 12:22AMBoston Scientific Corp. fell 7.4 percent - the most in almost two months in New York trading after the company said a shortage of its Promus heart stents would keep the company...
- Octaviar appoints administrators Sunday, September 14, 2008 @ 7:21PMTroubled investor and funds manager Octaviar Ltd has gone into voluntary administration. Octaviar decided on Saturday to appoint John Greig and Nicholas Harwood of Deloittes as voluntary administrators.
- Lehman may face failure, Merrill may be bought Sunday, September 14, 2008 @ 7:20PMNEW YORK/WASHINGTON (Reuters) - The ruptured U.S. financial system was facing an unprecedented shakeup on Sunday that could lead to the failure of Lehman Brothers , the takeover of Merrill Lynch & Co Inc and big asset sales by big insurer American International Group .
- US Dollar Falls In Asia On Lehman; US Stock Futures Drop Sunday, September 14, 2008 @ 7:19PMSINGAPORE (Dow Jones)-- Dashed hopes for a weekend takeover of Lehman Brothers sent the U.S. dollar sharply lower - and risk aversion higher - in Asia early Monday.
- Merrill Said to Discuss Merger With Bank of America (Update1) Sunday, September 14, 2008 @ 7:18PMSept. 14 (Bloomberg) -- Merrill Lynch & Co. , the third- biggest U.S. securities firm, began merger talks with Bank of America Corp. after its share price fell by more than a third last week, people with knowledge of the negotiations said.
- This week on Wall Street: More financial worries Sunday, September 14, 2008 @ 7:18PM(AP:NEW YORK) Wall Street enters the new week filled with trepidation about what lies ahead for the financial sector.
- Death watch for Lehman Brothers Sunday, September 14, 2008 @ 7:14PMA last-ditch effort to find a buyer for troubled Wall Street investment bank Lehman Brothers appeared near collapse as British bank Barclays pulled out of talks.
- Death watch for Lehman Brothers as no buyer emerges Sunday, September 14, 2008 @ 7:11PMWASHINGTON (AFP) - A last-ditch effort to find a buyer for troubled Wall Street investment bank Lehman Brothers appeared near collapse Sunday as British bank Barclays pulled out of talks.
- Judge lowers award in Payless-Adidas lawsuit Friday, September 12, 2008 @ 10:49PM(AP:TOPEKA, Kan.) Collective Brands Inc. says a federal judge in Oregon has reduced by almost 80 percent a judgment against the company in a trademark infringement case.
- Stocks head for flat open ahead of pending home sales, wholesale trade reports; oil falls Tuesday, September 9, 2008 @ 10:21AMTim Paradis September 9, 2008 - 09:27 a.m. NEW YORK (AP) - U.S. stocks headed for a flat open Tuesday as investors awaited readings on pending home sales and wholesale trade and as oil prices extended their decline.
- Few Stand to Gain on This Bailout, and Many Lose Tuesday, September 9, 2008 @ 10:20AMThe departing leaders of Fannie Mae and Freddie Mac could see big paydays a prospect that angers many investors, because ordinary stockholders could be virtually wiped out.
- Stocks edge lower ahead of pending home sales, wholesale trade reports; oil falls Tuesday, September 9, 2008 @ 10:20AMJoe Bel Bruno September 9, 2008 - 09:50 a.m. NEW YORK (AP) - Wall Street edged lower Tuesday as investors awaited readings on pending home sales and wholesale trade and as oil prices extended their decline.
- London Stock Exchange blames software glitch, not high trading volume, for 7-hour trading halt Tuesday, September 9, 2008 @ 10:19AMJane Wardell September 9, 2008 - 09:53 a.m. LONDON (AP) - The London Stock Exchange Group PLC said Tuesday that a software glitch — and not high trading volumes — was to blame for a 7-hour shutdown that angered customers on one of the busiest days of the year on world equity markets.
- Capella Education Humming Along Tuesday, September 9, 2008 @ 10:19AM The transition is having a temporary negative impact on both revenue and employee productivity.
- ONN.tv Report: iPod Touch Affect on Apple Inc. (APPL) Shares. Tuesday, September 9, 2008 @ 10:18AM NEW YORK----Today the Options News Network is reporting from New York City while covering the FIA and OIC New York Equity Options Conference.
