Stock Market News
- Sealaska shareholder dividends up this year Thursday, November 20, 2008 @ 9:10PMOil wealth from the North Slope is fueling Native corporation dividends statewide. That includes Southeast’s Sealaska, which is issuing its second-largest shareholder payment this decade. The profits will help replace investment earnings hit hard by the falling stock market. Ed Schoenfeld, CoastAlaska - Juneau Download Audio
- What I Didn’t Like Thursday, November 20, 2008 @ 9:08PMVulgar Display of Callousness I have always reserved this column for ads that I have liked over the past fortnight. But this fortnight will be an exception because there are a couple of ads on air right now that have compelled me to write this column on What I most definitely did not like.
- More job losses darken global economic outlook Thursday, November 20, 2008 @ 9:07PMNews of fresh job cuts worldwide and a strong jump in US unemployment on Thursday darkened the global economic outlook and sent financial markets into convulsions.
- Asian benchmark index slumps to 5-year low, extend global rout Thursday, November 20, 2008 @ 9:06PMAsian stocks fell, driving the region’s benchmark index to its lowest level since August 2003, as Japan’s exports declined the most in almost seven years and US consumer prices sank by a record.
- (AFX UK Focus) 2008-11-21 02:38 Weak GDP drags Taiwan stocks down; contract PC makers fall Thursday, November 20, 2008 @ 9:05PMTAIPEI, Nov 21 (Reuters) - Taiwan stocks fell 2.41 percent on Friday after the economy unexpectedly shrank in the third quarter, dragging down top contract laptop PC makers Quanta and Compal even after Dell reported strong results.
- Turmoil hits Dubai shopping spree Thursday, November 20, 2008 @ 2:08PMSome big Dubai retailers, accustomed to giddy spending in the Gulf Arab tax-free haven, are grappling with a drop in sales as consumers worry about the impact of the global financial crisis.
- TSX backs away from 500-point tumble, but holds onto triple-digit losses Thursday, November 20, 2008 @ 2:08PMDavid Friend, The Canadian Press November 20, 2008 - 3:03 p.m.
- Stocks decline as hopes fade for immediate bailout Thursday, November 20, 2008 @ 2:08PMBy TIM PARADIS NEW YORK (AP) -- Flip-flopping sentiment about the prospects for U.S. automakers battered stocks again Thursday as hopes rose then fell that lawmakers would soon put together an aid package for the companies.
- (AFX UK Focus) 2008-11-20 19:43 WRAPUP 2-US jobs data miserable, regional factories slump Thursday, November 20, 2008 @ 2:08PMBy Burton Frierson
- Oil at 3-year lows Thursday, November 20, 2008 @ 2:07PMCOLUMBUS, Ohio - Oil prices today hit levels not seen in more than three years and retail gasoline prices are now below $2 across nearly half of the country on dour economic reports suggesting a painful economic pullback.
- how to handle global financial mess: the Chinese way Thursday, November 20, 2008 @ 2:07PMIs global financial and economic crisis reshaping world politics, finance, banking, trade and outsourcing? Profiting from rising Chinese trade, yuan and stock market? How do over a half million international companies make profits in China?
- Sensex ends at 3-year low, inflation fails to hold slide Thursday, November 20, 2008 @ 2:06PMIndian equity indices slipped to their lowest in the last three years, on the back of intense selling pressure and increasing concerns of a global recession. Diminishing inflation numbers failed to hold the slide and the markets ended the day with loses for the seventh consecutive trading session in 2008.
- Re weakens further, nears 50 Thursday, November 20, 2008 @ 7:19AMThe rupee On Wednesday turned weak to close near Rs 50 to a dollar as banks bought greenback for importers and foreign funds. The sustained fall in the stock markets due to offloading by overseas funds also contributed to the depreciation.
- Pareto declares 4-cent per dividend Thursday, November 20, 2008 @ 7:19AMMarketing services company Pareto Corp., has declared a special cash dividend of four cents per share, saying that, despite the looming economic crisis, the company will continue to grow and generate sustainable cash flow.
- Japanese pharma firm sets up Indian subsidiary Thursday, November 20, 2008 @ 7:19AMAstellas Pharma, the second largest Japanese drug company, has set up a wholly-owned subsidiary in India, making it the third Japanese pharma major after Daiichi Sankyo and Eisai to tap the growing Indian pharmaceutical market.
- Ahead of the Bell: PetSmart reports solid 3Q Thursday, November 20, 2008 @ 7:18AM(AP:NEW YORK) PetSmart Inc. reported a solid third quarter, but the pet-products retailer will continue to face a difficult environment in upcoming quarters, analysts said Thursday.
- FIIs pull out Rs 1 lakh cr from equity market since January Thursday, November 20, 2008 @ 7:18AMForeign institutional investors (FIIs) have pulled out Rs 100,000 crore from the equity market this calendar year so far, according to the provisional data on FII activities provided by the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
- United Technologies Reaffirms 2008 EPS View Of $4.90-$4.95 Tuesday, November 18, 2008 @ 1:11PMUnited Technologies Reaffirms 2008 EPS View Of $4.90-$4.95
- Gold Falls As Data Reduce Inflation Pressures Tuesday, November 18, 2008 @ 1:11PMGold Falls As Data Reduce Inflation Pressures
- U.S. To Open More Military Airspace For Holiday Travel Tuesday, November 18, 2008 @ 1:11PMU.S. To Open More Military Airspace For Holiday Travel
- 18.11.2008 - DJ DGAP-Adhoc: Novavisions AG: Dynavisions Schweiz AG Capital Increase Tuesday, November 18, 2008 @ 1:11PMRelease of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
- ArvinMeritor Posts Loss; Will Sell Car-Parts Business (Update2) Tuesday, November 18, 2008 @ 1:10PMNov. 18 (Bloomberg) -- ArvinMeritor Inc. , a U.S. maker of auto and commercial-truck parts, said its fourth-quarter loss widened to $153 million on declining U.S. vehicle demand and costs to bring cash back from overseas operations.
- Hollinger Inc.: Settlement of Shareholder Class Action Receives Preliminary Approval of Ontario Court Sunday, November 16, 2008 @ 4:33PM Hollinger Inc.(TSX: HLG.PR.B) announced today that the Ontario Superior Court of Justice issued an order on November 14, 2008 granting its preliminary approval of a settlement among certain parties to a class action lawsuit initiated by certain shareholders of Hollinger and Sun-Times Media Group, Inc..
- The Importance of Dividends In Total Return Sunday, November 16, 2008 @ 4:23PMDividend income can play a crucial role in the total return on an investment.
- College Grads Face Tough Job Market Sunday, November 16, 2008 @ 4:19PMFor many in the Class of 2009, the next step after graduating from college may be the unemployment line. "I think a lot of seniors are nervous about the situation because the job market is not that great," says University of Rochester student Caitlin Carpenter.
- Morrill Street Fire Under Investigation Sunday, November 16, 2008 @ 4:19PMRochester fire investigators are looking into a fire on Morrill Street. It happened just before 2:30 Sunday afternoon. Crews were called to the scene for heavy smoke in the area. When they arrived, they found fire on the first and second floors of a vacant, boarded up house.
- Sun reorganizes, cuts up to 18 percent of workforce Sunday, November 16, 2008 @ 4:13PMSun is laying off 15 percent to 18 percent of its employees as part of a restructuring plan aimed at saving $700 million to $800 million a year.
- Obama Says Goodbye to Illinois, Senate Sunday, November 16, 2008 @ 4:05PMPresident-Elect Barack Obama has written a thank you and farewell letter to the people of Illinois. Obama says he is ending one journey to begin another.
- U.S. approves nearly $1B for Synovus Preferred stock sale part of government bailout plan Friday, November 14, 2008 @ 11:12PMThe U.S. government is poised to pump nearly $1 billion into Synovus Financial Corp.
- Amos gives up $13M parachute Friday, November 14, 2008 @ 11:12PMAflac Inc. Chairman and Chief Executive Officer Dan Amos will give up a $13 million package Aflac would owe him if he was fired, replaced or if another company bought the supplemental insurer, Aflac said Friday.
- Number of economic migrants shrinking in Britain Friday, November 14, 2008 @ 11:09PMLONDON -- Nikolaj Prokop is typical of many East European immigrants who flooded into Britain in recent years. Lured by the prospect of better wages than he could earn at home in small-town Poland, the strapping 23-year-old moved to southeast England two years ago and found work with a construction company, helping build homes to meet the British housing boom.
- Banks boost interest rates in effort to lure depositors Friday, November 14, 2008 @ 11:07PMBanks across the U.S. are engaged in a heated competition for deposits as the battered industry tries to shore up its funding sources.
- Private schools feeling pinch as economy worsens Friday, November 14, 2008 @ 11:04PMHACKENSACK, N.J. — In a turbulent economy, the price tag of an elite education may be too steep for families suffering financial distress, some private schools are learning.
- Mutual funds: Raging bulls Thursday, November 13, 2008 @ 9:53AMCharles Oliver and Jamie Horvat are known as rock stars in Canadian mining circles. They are also known as fearless sector bulls. That said, they are too experienced to ignore the obvious, which is why they sported hard hats in September while road-showing their latest venture.
- Congress scrutinizes hedge fund industry Thursday, November 13, 2008 @ 9:53AMA Congressional committee scrutinized risks in the hedge fund industry on Thursday to determine whether further regulation is needed.
- Hedge Fund Managers Set to Testify Before Congress Thursday, November 13, 2008 @ 9:52AMFive hedge fund managers are set to appear before a House panel on Thursday to discuss the role of hedge funds in the financial crisis and whether hedge funds should be regulated.
- Stocks fluctuate on jobs data Thursday, November 13, 2008 @ 9:52AM(AP:NEW YORK) Wall Street had a calmer start to trading Thursday, with stocks struggling to find a direction after three straight days of steep declines. Investors appeared to take in stride a government report showing a larger-than-expected jump in unemployment claims.
- Goldman suspends GM rating, sees $22 billion bailout Thursday, November 13, 2008 @ 9:52AMDETROIT (Reuters) - Goldman Sachs suspended its rating on General Motors Corp on Thursday and said the automaker needs at least $22 billion in federal aid to survive a deepening industry downturn.
- Wall Street looking for direction Thursday, November 13, 2008 @ 9:51AMNEW YORK - Wall Street had a calmer start to trading today, with stocks struggling to find a direction after three straight days of steep declines. Investors appeared to take in stride a government report showing a larger-than-expected jump in...
- Citigroup Global Markets Fined $300,000 for Failing to Supervise Commissions Charged to Customers on Stock and Option ... Thursday, November 13, 2008 @ 9:51AM WASHINGTON----The Financial Industry Regulatory Authority announced today that it has fined Citigroup Global Markets, Inc. of New York $300,000 for failing to reasonably supervise the commissions its brokers charged on stock and option trades.
- Jobless Claims Hit Highest Level Since 9/11 Thursday, November 13, 2008 @ 9:49AMApplications for unemployment benefits soared to the highest level since just after the Sept. 11, 2001, terrorist attacks while the trade deficit shrank more than expected as demand for imports plunged, further evidence of the struggling U.S. economy.
- New Zealand PM-elect Key moves to form govt Sunday, November 9, 2008 @ 9:51PMWELLINGTON (Reuters) - New Zealand Prime Minister-elect John Key began talks on Monday with his allies, hoping to form a government by the end of the week to start work on pulling the country out of recession.
- (AFX UK Focus) 2008-11-10 03:25 UPDATE 1-China wholesale inflation slides, rate cut looms Sunday, November 9, 2008 @ 9:49PMBy Michael Wei and Jerry Hua
- Asian Stocks Climb as China Unveils $586 Billion Stimulus Plan Sunday, November 9, 2008 @ 9:38PMNov. 10 (Bloomberg) -- Asian stocks rallied for the first time in three days after China announced a $586 billion package to revive growth in the world’s fourth-largest economy.
- Laird appointed to special session budget panel Saturday, November 8, 2008 @ 3:47AMOutgoing Assemblyman John Laird, who as chair of the Budget Committee this year battled the governor and Republicans over deep cuts to schools and social services, was appointed Friday to lead a special session committee to once again explore gloomy cuts and tax hikes to alleviate a mounting state deficit.
- Township opts for bank loan over bond issuance Saturday, November 8, 2008 @ 3:47AMThe Woodlands Township board of directors decided Friday to seek a short-term bank loan through Woodforest Bank to fund its Regional Participation Agreements with the cities of Houston and Conroe.
- How to handle investments in tough times Saturday, November 8, 2008 @ 3:41AMMany investors today invest in stocks either by purchasing them directly in a taxable account or indirectly through their retirement plans. If you are an investor you probably do the same, and as a result you monitor your accounts to see how they are doing.
- Checking In with Investing Miami Commercial Real Estate Saturday, November 8, 2008 @ 3:36AMThey say that the Miami commercial real estate is complicated and hard to get your way into it, well personally I think it can be hard but you may be able to survive on it if you know what you are doing. Being aware of what you’re in for.
- Big Three seek $50B in loans Saturday, November 8, 2008 @ 3:36AMGeneral Motors Corp., Ford Motor Co. and Chrysler LLC, strapped for cash as sales plunge, are seeking $50 billion in federal loans to help them weather the worst auto market in 25 years, a person familiar with the matter said.
- Sprint Nextel Swings to a Loss as Subscribers Defect Friday, November 7, 2008 @ 7:42PMThe company lost another 1.3 million wireless subscribers during the third quarter, leading to a loss that sent its stock skidding.
