Stocks Rise on Merrill Deals
BusinessWeek - Not many traders or other creatures were stirring on Wall Street the day before Christmas amid light activity in an abbreviated session. Major U.S. stock indexes opened higher on Monday, with financials getting a boost from reports that Merrill Lynch
European Stocks Advance; BHP, RBS, Cap Gemini Shares Climb
Bloomberg - Dec. 24 (Bloomberg) — European stocks gained, led by commodity producers and banks as copper surged by its daily limit in Shanghai and the cost of borrowing euros, pounds and dollars fell for a fifth day. BHP Billiton Ltd., the world’s largest
Treasuries Decline as Rising U.S. Stocks Reduce Appeal of Debt
Bloomberg - Dec. 24 (Bloomberg) — Treasury notes fell as U.S. stock indexes gained, reducing investor interest in the safety of government debt. Equities rose as Merrill Lynch & Co. sold most of its commercial finance business to General Electric Co. Treasuries
REFILE-GLOBAL MARKETS-Stocks rise on US slowdown relief; dlr up
Forbes - SINGAPORE, Dec 24 (Reuters) - Asian shares rose, with Seoul and Taipei gaining more than 2 percent as strong U.S. consumer spending calmed fears the world’s top economy was heading into a recession, while the dollar traded near a six-week high
Canadian Stocks Advance, Led by Materials and Financial Shares
Bloomberg - Dec. 24 (Bloomberg) — Canadian stocks rose for a fourth day, led by financial companies, as Canada’s non-bank asset-backed commercial paper market began trading for the first time in four months. Materials shares had the second-biggest gain among 10
Yen Falls to Six-Week Low Against Dollar as Global Stocks Rally
Bloomberg - Dec. 24 (Bloomberg) — The yen fell to a six-week low against the dollar and dropped versus the euro as global stocks rallied, increasing demand for higher-yielding assets funded by loans in Japan. Japan’s currency dropped against all of its 16 most
French Stocks Advance, Led by Cap Gemini, Air France and Atos
Bloomberg - The CAC 40 Index added 11.51, or 0.2 percent, to 5614.28 in Paris. The SBF 120 Index advanced 0.3 percent. Cap Gemini, Europe’s largest computer-services company, rallied 4.29 euros, or 11 percent, to 45 euros. Wipro Ltd., India’s third-largest
Market Report — Story Stocks (FDX)
MSN MoneyCentral - FedEx (FDX 93.54, -0.75) is plenty busy these days delivering packages, even if it isn’t delivering as many packages as it would like on account of the slowdown in the U.S. economy. That reality was addressed in its second quarter earnings report
Mexico stocks, peso gain on Merrill Lynch plans
Reuters - MEXICO CITY, Dec 24 (Reuters) - Mexican stocks rose on Monday and the peso currency firmed as investors welcomed news that U.S. bank Merrill Lynch plans to sell a lending unit amid thin holiday trading. The benchmark IPC stock index <.MXX> gained 0.7
US STOCKS-Merrill pushes Wall St higher, retailers eyed
Reuters - NEW YORK, Dec 24 (Reuters) - U.S. stocks rose on Monday, lifted by news Merrill Lynch (MER.N: Quote , Profile , Research ) plans to sell a lending unit and with investors eyeing retailers as the busy holiday shopping season draws to a close. Trading
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