Stock Trading System News
- G-20 to Back Stimulus, Smooth Over Differences on Regulation Saturday, November 15, 2008 @ 3:37AMNov. 15 (Bloomberg) -- World leaders meeting in Washington today may agree to shore up the deteriorating global economy, while papering over differences on additional regulation of financial markets.
- What world leaders want from Washington summit Saturday, November 15, 2008 @ 2:32AMSat, Nov 15, 2008 (12:18 a.m.) World leaders assembled in Washington to grapple with the global financial crisis. There are conflicting ideas about how to deal with the problem, what reforms are needed and what should fall under global regulations.
- Hedge fund managers to testify in Washington Wednesday, November 12, 2008 @ 11:11PMThe money managers have been called by a House panel to discuss some of their trade secrets at a hearing set for Thursday.
- China Unveils Sweeping Plan for Economy Wednesday, November 12, 2008 @ 10:27PMChina announced plans to spend billions on a wide array of infrastructure and social welfare projects in a bold move aimed at bolstering its economy.
- INVESTORSOFFSHORE.COM Wednesday, November 12, 2008 @ 9:58PMThe Dubai International Financial Exchange has announced that it will implement six-day trading week system from November 17th. Dubai Financial Market and Abu Dhabi Securities Exchange, the two state-controlled exchanges that operate in the UAE, are open for trading from Sunday to Thursday.
- Frontier Financial tries to calm investors Wednesday, November 12, 2008 @ 9:06PMFrontier Financial tries to calm investors who have pummeled its stock.
- GM swerving closer to bankruptcy Wednesday, November 12, 2008 @ 3:42AMDETROIT - General Motors Corp., burning cash as U.S. sales slide, is being pushed closer to bankruptcy as it waits to learn whether the auto industry will win a new round of government loans.
- (AFX UK Focus) 2008-11-12 08:19 RPT-FACTBOX-20 ideas to kick-start an economy Wednesday, November 12, 2008 @ 2:54AMNov 12 (Reuters) - Among a group of thinkers who predicted the credit crunch in 2003, the London-based New Economics Foundation is now advancing radical proposals on ways to rebuild the British economy. In its overview of the impact of the crisis last week, the International Monetary Fund predicted Britain would lag other major economies, forecasting a decline of 1.3 percent in 2009, compared ...
- Japan stocks fall; investors awaiting G20 meeting Wednesday, November 12, 2008 @ 2:48AMJapanese stocks fell Wednesday in restrained trading as caution prevailed amid ongoing concerns about the U.S. economy and ahead of the upcoming G20 summit of financial leaders.
- 20 ideas to kick-start an economy Wednesday, November 12, 2008 @ 2:46AMNov 12 (Reuters) - Among a group of thinkers who predicted the credit crunch in 2003, the London-based New Economics Foundation is now advancing radical proposals on ways to rebuild the British economy.
- MINING FINANCE / INVESTMENT Wednesday, November 12, 2008 @ 2:45AMSpeculation that Teck was planning an equity issue to repay bridging finance used to finance the purchase of Fording Coal was rumoured and may have led to a 20 percent fall in Teck stock Tuesday, but the company denies the rumors.
- Mahle Clevite Technician Award Sponsor Wednesday, November 12, 2008 @ 2:15AM11/12/2008 Mahle Clevite, Ann Arbor, Mich., announced its participation as a sponsor in the Technician of the Year Program.
- Intellectual Property Tuesday, November 11, 2008 @ 5:21AMThe Federal Circuit has upheld a ruling by the U.S. Patent Office denying a patent for methods of hedging in commodities trading. In doing so, the court considered earlier Supreme Court decisions and announced a new test for patentable subject matter.
- Borrowers wanted: U.S. banks awash with cash but fears of recession mean there is nobody to lend it to Tuesday, November 11, 2008 @ 5:20AM Billions of bailout dollars are flooding the financial system, credit markets are loosening and many banks say they are ready to lend. But a crucial piece needed to solve the credit crisis is still missing: borrowers.
- Zacks Bull and Bear of the Day Highlights: AmBev, General Motors, Ctrip.com, Freeport McMoRan and Health Net Tuesday, November 11, 2008 @ 5:00AM CHICAGO----Zacks Equity Research highlights AmBev as the Bull of the Day and General Motors as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Ctrip.com International , Freeport McMoRan and Health Net, Inc. .
- Gloom deepens in world markets, with more dire financial news Tuesday, November 11, 2008 @ 4:45AMLONDON, Nov 11, 2008 (AFP) - Global stocks fell on Tuesday as world economies showed deepening distress with General Motors, once the hallmark of American corporate might, appealing for government aid.
- Global stocks pull back Tuesday, November 11, 2008 @ 3:54AMStocks in Europe and Asia retreated Tuesday as investors were unable to shake their economic fears.
- American Express Wins Fed Approval to Become Bank (Update1) Tuesday, November 11, 2008 @ 3:50AMNov. 11 (Bloomberg) -- American Express Co. won U.S. Federal Reserve approval to become a commercial bank, gaining access to government funds as credit-card defaults climb with economies slowing around the world.
- RBI, Finmin review global turmoil impact on finance Sunday, November 9, 2008 @ 2:49PMA high-level meeting of financial market regulators headed by RBI governor D Subbarao reviewed the impact of global crisis on India and also the steps taken to neutralise its impact on the country.
- Mixed fortunes Sunday, November 9, 2008 @ 1:08PMAlthough uncertainties remain on the policy front, the decline in crude oil prices should be beneficial for oil marketing companies.
- Libor Dollar Rate Falls to 4-Year Low After Interest-Rate Cuts Friday, November 7, 2008 @ 10:46AMNov. 7 (Bloomberg) -- The cost of borrowing dollars for three months in London fell to a four-year low after central banks around the world cut benchmark borrowing costs and kept the financial system flooded with cash to restore lending.
- Russian stock market displays mixed trend to close week Friday, November 7, 2008 @ 10:42AMMOSCOW. Nov 7 (Interfax) - The Russian stock market posted a mixed dynamic on Friday following the release of weak U.S. labor stats. The Russian Trading System (RTS) Index fell by 2.17% to 760.62 points. The MICEX Stock Exchange went up by 3.62% to 725.93 points.
- Alpha Trading Systems launches ATS Friday, November 7, 2008 @ 10:13AMAlpha Trading Systems launched its new alternative trading system on Friday. Alpha, owned by the major Canadian banks and other key financial-market players, aims to cut into the TMX Group’s business in high-volume, high-speed trading activity.
- One in three PCs running unlicensed or fake software Friday, November 7, 2008 @ 9:47AMOne in three PCs in the UK is running unlicensed or counterfeit software, putting users at risk of cybercrime, according to Microsoft.
- Business Banter Friday, November 7, 2008 @ 9:32AMVietNamNet Bridge – With two months to go until the new Law on Personal Income Tax takes effect, a lot of grumbling remains over provisions of the law pertaining to capital gains taxes on securities trading.
- Administration speeding up on economic problems Thursday, November 6, 2008 @ 12:47PMWASHINGTON -- At a time when most administrations are slowing down, the Bush White House appears to be speeding up — at least when it comes to getting the $700 billion financial rescue program up and running.
- Flowers Foods Makes More Dough Thursday, November 6, 2008 @ 12:42PMThe baker reports a solid sales jump while a pipeline operator reports a near doubling of its profit.
- Follow the money Thursday, November 6, 2008 @ 12:36PMFixing the US economy will be a major challenge
- Ringgit trades higher against dollar Thursday, November 6, 2008 @ 12:33PMTHE ringgit was firmer against the US dollar yesterday in line with gains on the Malaysian stock market where sentiment was boosted by the government’s RM7 billion stimulus package, dealers said.
- A look at economic developments around the world Thursday, November 6, 2008 @ 12:16PM A look at economic developments and stock market activity around the world Thursday: ------ FRANKFURT, Germany -- The European Central Bank cut its key rate by the expected half a percentage point to 3.25 percent.
- November 6-12, 2008 Thursday, November 6, 2008 @ 12:11PMWe are better than we know In November 2006, National Public Radio aired a segment of “All Things Considered” in which Americans were polled about their willingness to elect a black man as president of the United States.
- GM, Ford, Chrysler Chiefs to Meet Pelosi Seeking Aid (Update3) Thursday, November 6, 2008 @ 11:55AMNov. 6 (Bloomberg) -- General Motors Corp. , Ford Motor Co. and Chrysler LLC chief executive officers, seeking another $25 billion in government-backed loans, will meet today with House Speaker Nancy Pelosi , two people familiar with the matter said.
- Medco Health 3Q profit rises 38 pct, beats view Wednesday, November 5, 2008 @ 2:08PM Pharmacy benefits manager Medco Health Solutions Inc. said Wednesday its third-quarter profit rose 38 percent on greater mail-order and specialty drug sales, topping Wall Street forecasts.
- Google pulls out of Yahoo advertising partnership Wednesday, November 5, 2008 @ 2:04PMBy JOELLE TESSLER and MICHAEL LIEDTKE Google Inc. has scrapped its Internet advertising partnership with struggling rival Yahoo Inc., abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce. The retreat announced Wednesday represented another setback for Yahoo, which had been counting on ...
- Wall Street falls on Obama unknowns Wednesday, November 5, 2008 @ 1:55PMA case of postelection nerves sent stocks plunging Wednesday as investors again anxious about recession began questioning what impact a Barack Obama presidency will have on business and the overall economy.
- Rs 100 cr networth for SME bourses Wednesday, November 5, 2008 @ 1:42PMThe Securities and Exchange Board of India (Sebi) on Wednesday issued the legal framework for setting up a separate platform/stock exchange for small and medium enterprises (SMEs). The market regulator has set a minimum networth of Rs 100 crore for entities wanting to set up SME exchanges.
- James Turk Explains: Why Gold & Silver During These Turbulent Times Wednesday, November 5, 2008 @ 1:39PMJames Turk is the founder and chairman of GoldMoney, which provides a convenient, safe and economical way to buy and sell gold and silver online using the digital gold currency for which he was awarded four US patents.
- Devon Delivers, Marsh Misses Wednesday, November 5, 2008 @ 1:26PMProfits soar at Devon Energy but evaporate at Marsh & McLennan.
- Google pulls out of Yahoo advertising partnership Wednesday, November 5, 2008 @ 1:18PMWed, Nov 5, 2008 (11:12 a.m.) Google Inc. has scrapped its Internet advertising partnership with struggling rival Yahoo Inc., abandoning attempts to overcome the objections of antitrust regulators and customers who believed the alliance would give Google too much power over online commerce.
- MBIA, Ambac Losses Widen on Higher Claims Forecast (Update3) Wednesday, November 5, 2008 @ 1:17PMNov. 5 (Bloomberg) -- MBIA Inc. and Ambac Financial Group Inc. , the bond insurers crippled by credit-rating downgrades, posted wider losses than analysts anticipated after slumping credit markets forced them to increase reserves for claims.
- AltaGas Reports Record Earnings of $53.5 Million in Third Quarter 2008 Wednesday, November 5, 2008 @ 1:10PM CALGARY, ALBERTA-- - AltaGas Income Trust today announced net income of $53.5 million for the three months ended September 30, 2008, compared to $31.4 million for the same period of 2007.
- Kids are losing a lot of play money in the market Saturday, November 1, 2008 @ 11:04PMWILMINGTON, Del. - Michael Ashworth slumped by his computer, weary from another rough day in the stock market. All his favorite picks - Dominos Pizza Inc., Hershey Co. and Gap Inc. - were down."Ill be honest with you, he confided. "Before all thi...
- AP IMPACT: Another day - hardly ordinary - at NYSE Saturday, November 1, 2008 @ 10:53PM(AP:NEW YORK) By the time Jeffrey Frankel got to bed it was past midnight, but sleep did not come easy.
- AP IMPACT: Another day - hardly ordinary - at NYSE Saturday, November 1, 2008 @ 10:31PM By the time Jeffrey Frankel got to bed it was past midnight, but sleep did not come easy. Twice during the night, the broker had climbed out from the covers and returned to the television, trying to get a read on what investors were thinking in Tokyo and Hong Kong and to see what the futures market foretold about the trading day ahead.
- Stocks end October with worst performance in 21 years Saturday, November 1, 2008 @ 7:14PMNEW YORK -- What is it about October and stocks?
- Petrochem leads Saudi stocks rally Saturday, November 1, 2008 @ 5:01PMRIYADH: The Saudi Arabian stock market rose six per cent on the first day of the trading week yesterday with all sectors, but chiefly the leading petrochemicals sector, showing gains.
- Leaving the City Saturday, November 1, 2008 @ 4:24PMIN his career as a hedge fund manager Ed Venables apologised all too often to his wife, Kate, for missing important family occasions.
- U.S. Stocks Gain on Valuations; Alcoa, AT&T, Exxon Advance Tuesday, October 28, 2008 @ 1:52PMOct. 28 (Bloomberg) -- U.S. stocks rallied, following gains in Asian and European markets , as the cheapest valuations in more than two decades lured investors back into equities.
- Global markets stage rebound Tuesday, October 28, 2008 @ 1:51PMInvestors have hunted for bargains after days of big losses, taking heart from prospects for a cut in US interest rates.
- Dow riding up despite negative Conference Board news Tuesday, October 28, 2008 @ 1:44PMWith Wall Street in a freefall and the economy shedding jobs, a key measure of consumer confidence fell to an all-time low in October.
