Archive for the “Latest News” Category
Brazilian Stocks Gain, Led by Commodity Producers; Bolsa Drops - Bloomberg
Aug. 26 (Bloomberg) — Brazilian stocks rose for the first time in three days, led by commodity shares, after Citigroup Inc. and Goldman Sachs Group suggested investors purchase steelmakers on the prospect that domestic demand will sustain prices. Cia
Most Canadian Stocks Advance, Led by EnCana; Scotiabank Falls - Bloomberg
Aug. 26 (Bloomberg) — Most Canadian stocks rose as energy and raw-materials companies climbed on surging natural-gas and oil prices. EnCana Corp . paced gains among commodity-related shares as natural-gas futures advanced the most in 10 months
Stocks Flat As Investors Mull Data - Forbes
Wall Street erased an early loss an hour into the trading session, but by midday stocks had surrendered any gains to sit at just about even. An encouraging report on consumer confidence helped lift the market off its early lows, and investors also
Stocks Gain, Ignoring Housing Data - Wall Street Journal
U.S. stocks rose Tuesday after home data came in roughly in line with dismal expectations. Fannie Mae and Freddie Mac extended their current rebound. Taken as a whole, data in the last two sessions have detailed a housing market wallowing in recession
Mexico stocks sink, hit by losses in America Movil - Reuters
MEXICO CITY, Aug 26 (Reuters) - Mexican stocks fell sharply on Tuesday, dragged lower by losses in cell phone operator America Movil (AMXL.MX: Quote , Profile , Research , Stock Buzz ) after Morgan Stanley cut its price target for the company’s New
Stocks Narrowly Blended After Consumer Data - Street.Com
Updated from 9:51 a.m. EDT After opening narrowly blended, stocks in the U.S. took a modest turn higher following the release of better-than-expected consumer confidence data and an encouraging read on July new-home sales. Lately, however, the action
Sector Snap: Regional bank stocks mixed - Forbes
Shares of regional banks traded blended Tuesday after better-than-expected economic data somewhat offset ongoing concerns about the health of the financial sector and rising energy prices. The Conference Board reported Tuesday that its consumer
Sector Snap: National bank stocks mostly rise - CNBC
NEW YORK - Shares of national banks mostly rose Tuesday as Wall Street’s concerns over the health of the financial sector eased in the wake of positive economic data. Investors received some clarity on the state of the economy after the Conference
Brazil’s Petrobras leads stocks higher, real falls - Reuters
SAO PAULO, Aug 26 (Reuters) - Brazilian stocks rose on Tuesday, led by oil giant Petrobras as investors snapped up the shares on expectations that possible changes in local oil regulations may not affect the company as previously expected. The
Stocks turn lower in midafternoon - MSNBC
NEW YORK - Wall Street turned lower in thin volume Tuesday as concerns about the path of Hurricane Gustav pushed oil prices higher and offset a better-than-expected report on consumer confidence. Stocks fluctuated during the session as investors
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Stocks fall on drop among financials; oil rises - Washington Post
Chris Considine, center, president of Wilson Sporting Goods Co., is joined by fellow employees at the Nasdaq opening bell Monday, Aug. 25, 2008 in New York. Wilson is a subsidiary of Amer Sports Corp. of Finland. Stocks retreated early Monday as
Aussie stocks fall 0.2 pct but rebound off lows - CNBC
SYDNEY, Aug 26 (Reuters) - Australian shares shut down 0.2 percent on Tuesday but well above session lows as bargain hunters selectively purchased oversold stocks such as Australia & New Zealand Banking Group Ltd . The benchmark S&P/ASX 200
China Stocks Decline for Fourth Day; Haitong, Air China Retreat - Bloomberg
Aug. 26 (Bloomberg) — China’s stocks fell for a fourth day, led by brokerages, after daily trading value yesterday dropped to the lowest since November 2006. Haitong Securities Co. , the country’s largest listed brokerage by market value, dropped 7
Asian Stocks Fall on Credit Concerns, Earnings; Banks Decline - Bloomberg
Aug. 26 (Bloomberg) — Asian stocks fell the most in a week, led by financial companies, as widening credit-market losses slow regional growth and dent earnings. Mitsubishi UFJ Financial Group Inc. slumped 2.1 percent in Tokyo after Credit Suisse
Thomson Financial Europe AM at a glance share guide: Stocks fall; oil - Forbes
STOCKS: Stocks sank in light trading Monday as worries about American International Group Inc. touched off broader concerns that the deterioration of the credit markets will bring more big losses for financial companies. The Dow Jones industrial
Thai Hot Stocks-Index at 3-week low, banks tumble - Reuters
BANGKOK, Aug 26 (Reuters) - Thailand’s benchmark stock index .SETI fell 2.34 percent on Tuesday, dragged down by political concerns and weak overseas markets. By the midday break, the index was down 15.84 points at a three-week low of 662.36, with
JPMorgan Likes U.S. Stocks - US News and World Report
The news is bad. The economy is not prone to recover for some time. But a lot of that is well known. I don’t think it’s a surprise to anybody at this point. As an investor, it’s not just about the news; it’s about the price you pay for the news. The
UK Stocks — Factors to watch on Aug 26 - Forbes
LONDON, Aug 26 (Reuters) - Britain’s FTSE 100 .FTSE> index is seen opening 65 to 79 points lower on Tuesday, according to financial bookmakers, as lingering credit worries over the financial sector and slowing global growth weighed. U.S. stocks fell
Spanish stocks - Factors to watch on Tuesday - Reuters
MADRID, Aug 26 (Reuters) - The following Spanish stocks might be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: Telefonica (TEF.MC: Quote , Profile
Pakistani stocks at new 2-yr low on coalition split - Guardian Unlimited
KARACHI, Aug 26 (Reuters) - Pakistani stocks fell over 4 percent on Tuesday to a new two-year low as investors sold blue chips such as OGDC on fears the break-up in the coalition government overnight will raise political uncertainty. By 0621 GMT, the
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Report Details Clinical Trials in Russia Compared to Other Countries - Forbes
Research and Markets (http://www.researchandmarkets.com/research/f0290e/clinical_trials_in) has announced the addition of the “Clinical Trials in Russia 2008. Russia Compared to Other Countries” report to their offering. Based on a comprehensive
Convention donors often have business before lawmakers and regulators - Los Angeles Times
Members of both convention committees — and Barack Obama — agree on the need for reform. For Obama and his closest advisors, asking for million-dollar donations appears particularly embarrassing given the candidate’s repeated emphasis on raising
Telecom rollouts raise ire over utility boxes - The Shreveport Times
PHILADELPHIA — The road to advanced video, World wide web and phone services is bumpy — and the bumps can be nearly as big as refrigerators. As cable and phone companies race to upgrade services or offer video for the first time, they’re doing it by
Wall Street bailout aid questioned at Fed event - NWI.com
JACKSON, Wyo. - Do Washington policymakers listen too much to Wall Street? A possible bailout of Fannie Mae and Freddie Mac, on the heels of similar action involving investment firm Bear Stearns, seems to send a loud signal to financial companies
As energy costs dip, frugality remains - Chicago Tribune
NEW YORK—As the cost of gasoline soared over the past year, many small businesses took steps to mitigate the damage to their cash flow and profits. Now, even though gas has fallen from the record levels it hit in mid-July, companies are making
Hi-tech companies to visit schools in new initiative - Independent
Fifty of Ireland’s leading hi-tech companies are to visit schools around the country, to boost interest in science and technology. 08:58 Murray hopes to make big impact at US Open 08:52 Parts of Limerick without water after pipe bursts 08:48 Roche in
China Netcom First-Half Profit Rises 12% on Broadband (Update1) - Bloomberg
Aug. 25 (Bloomberg) — China Netcom Group Corp. , the fixed- line phone company being acquired by China Unicom Ltd. , said profit rose 12 percent, beating estimates, as stronger sales of high-speed World wide web services compensated for lower phone
S&P launches S&P India Select Index - CNBC
MUMBAI (Thomson Financial) - Standard & Poor’s stated it launched the S&P India Choose Index to provide global investors with tradable exposure to the largest and most liquid companies in India. The S&P India Choose Index comprises 60 leading Indian
Vehicle insurance rates in New York shooting up again - New York Daily News
Jose Ferreia of the Bronx may be smiling but he’s not happy as he checks out his insurance card. “It’s too high,” he states of his $1,900-a-year bill. ALBANY - After two years of declines, vehicle insurance rates in New York are climbing again. That’s bad
Outsourcing groups battle CV cheats - Financial Times
India’s outsourcing industry is battling a rising number of “résumé cheats” – recruits who lie about their experience or qualifications – in a struggle that could be critical to the long-term prosperity of the business. Recent high staff
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This week Wall Street eyes oil prices, personal spending data, housing - Los Angeles Times
NEW YORK (AP) _ It was another seesaw week on Wall Street, but it ended with a jolt of good news: a $6-a-barrel tumble in oil. This week, investors will be watching to see if crude extends its drop or bounces back up again. Stocks have been moving
Stocks stage rally - CNN Money
NEW YORK (CNNMoney.com) — Falling oil prices and rebounding bank shares helped fire up a stock market rally near midday Friday, as investors eyed a stronger dollar and speculation that Lehman Brothers could be a takeover candidate. The Dow Jones
This week, investors eye oil prices, spending data - Miami Herald
NEW YORK It was another seesaw week on Wall Street, but it ended with a jolt of good news: a $6-a-barrel tumble in oil. This week, investors will be watching to see if crude extends its drop or bounces back up again. Stocks have been moving largely
New clues due on market’s direction - International Herald Tribune
LONDON : With a benchmark for global stock markets down 17 percent this year and the chances of breaking even in 2008 shrinking fast, investors will look to see if markets are able to hold above a two-year low or are set to slide further. World
Consider a global fund - Philadelphia Inquirer
Are you fatigued of the U.S. market upheaval, but itching to start investing some of the cash you’ve been stashing away? If so, you might be confused about which direction to head. Like every down market, there’s little clarity about the near term
This Week’s Barron’s Roundup - Street.Com
Editor’s note: Welcome to Stockpickr’s ” Barron’s Roundup.” Each weekend, James Altucher presents Stockpickr portfolios related to articles in the latest issue of Barron’s. Wall Street’s Best : Barron’s ranks brokers by the accuracy of their purchase
These Stocks Will Burn You - Motley Fool
In his article The Market’s 10 Ideal Stocks Revisited , my colleague Tim Hanson pointed out the benefits of searching for the next multibagger success stories among the smallest of companies. And I concur with him: The best stocks of the next decade
Upcoming Data Could Stun The Street - Forbes
Friday’s surge salvaged what was set to be a brutal week on Wall Street, after Federal Reserve Chairman Ben Bernanke offered an encouraging perspective on inflation and financial stocks rebounded. The Fed chief stated sliding commodity prices–after
GLOBAL MARKETS WEEKAHEAD-Investors wary, stocks at tipping point - Reuters
LONDON, Aug 24 (Reuters) - With world stocks down 17 percent this year and the chances of breaking even in 2008 shrinking fast, investors will look this week to see if they hold above a key two-year low or subside further as global growth falters
RPT-Wall St Wk Ahead: US stocks brace for another whipsaw week - Reuters
NEW YORK, Aug 24 (Reuters) - What should be a holiday lull of a week looks set to be anything but, with Wall Street on high alert for the latest twists and turns in the credit crisis, more volatility in commodity prices and key developments in the
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Saudi stocks open up to foreign investment - 7 Days UAE
Saudi Arabian shares seemed to start a rally yesterday as the bourse began allowing foreigners to purchase shares listed on its stock market through licensed intermediaries.On the first trading day since the market regulator liberalised foreign trading
Investing Stocks: Invest in the Stock Market - Smart Money
Maintenance alert: Some of our tools will be unavailable on Sunday, August 24, from approximately 8:00 AM until the early afternoon (EDT). If you’re a novice investor — or you’re looking to brush up on a specific investing concept — this is the
Tech stocks given boost from firms - Edinburgh News
TECH stocks have received a boost with US-based software giant Oracle saying growth was on the way, and hand-held computer manufacturer Palm announcing increased profits. Oracle, the world’s second-biggest software firm, stated the “worst was over
U.S. stocks to focus on financials, housing data - Marketwatch
NEW YORK (MarketWatch) — Stocks next week will take their cues from fresh data on housing and consumption, while the fate of mortgage giants Freddie Mac and Fannie Mae, as well as the future of investment firm Lehman Brothers, will likely keep
The Ideal Stocks for the Next 10 Years - MSN MoneyCentral
China Security & Surveillance Technology Inc ( CSR ) Stock Quote , Chart , News , Add to Watchlist The ideal stocks of the past 10 years all started small. That’s documented fact, and it’s something any investor putting together a portfolio should
Stocks open higher on prospect of Lehman buyout - Miami Herald
NEW YORK Stocks rose sharply in early trading as oil retreated from this week’s rally and as speculation grew that Lehman Brothers Holdings Inc. could be sold. The Dow Jones industrial average rose more than 100 points. Worries about the embattled
European Stocks Fall for Second Week; BMW, Carrefour Decline - Bloomberg
Aug. 23 (Bloomberg) — European stocks dropped for a second week as higher oil dimmed the earnings outlook for automakers and retailers and concerns deepened that banks will report more losses. Bayerische Motoren Werke AG and Carrefour SA , the world
Stocks jump on falling oil, inflation forecast - Waterloo Cedar-Falls Courier
NEW YORK - Wall Street capped a volatile week with sharp gains Friday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke stated inflation pressures are prone to moderate. The Dow Jones industrial average rose almost 200 points
Stocks stolen from home - State Journal-Register
A woman living in the 3000 block of Bluff Road told police that someone had broken into her house and stolen 4,600 shares of Sysco stocks worth about $138,000. The woman speculated that the theft occurred about 7 p.m. Thursday when someone entered
Zardari to stand for president of Pakistan - International Herald Tribune
ISLAMABAD : Assassinated former Pakistani prime minister Benazir Bhutto’s widower will be a presidential candidate, an official of his celebration stated on Saturday, a move that will be controversial if the presidency retains strong powers. Who will replace
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Illinois community fights to save prison, jobs - San Diego Union-Tribune
PONTIAC, Ill. – When folks here heard the governor wanted to close the 137-year-old Pontiac Correctional Center, sucking hundreds of jobs from the area, they mobilized in a way that only small towns can. They held rallies and a parade. Streets were
Business briefs: Apple store opens Saturday in Fort Worth - Fort Worth Star-Telegram
Texas opening new prepaid tuition fund next month FDA: Agents can seize penis rings at borders Own a small business? Getting a Web site up and running isn’t so hard Small Texas school district lets teachers, staff pack pistols Push to get the
$10 Million Bond Loans to aid small firms - Berkshire Eagle
BOSTON — The Massachu-setts Community Development Finance Corp, which specializes in loans to small businesses in targeted areas across the state, will gain $10 million under a capital facilities bond bill, recently passed by the Legislature and
Taormina shrugs off doubts for ‘beautiful’ end - Detroit News
BEIJING — The competition wasn’t even halfway over, but Sheila Taormina already needed a hug and a shoulder to cry on. Actually, the Livonia native was looking for something more: Permission to head to the nearest exit, as her day was fast becoming
Maharashtra spreads red carpet for Tata’s ‘Nano’ project - Hindustan Times
Maharashtra Chief Minister Vilasrao Deshmukh has invited Tata Motors Chairman Ratan Tata to set up the ‘Nano’ small automobile project in the say if it decides to move out from West Bengal, where it is mired in controversy. “The Tatas will be accorded red
Business steps to save energy become permanent - Berkshire Eagle
As the cost of gasoline soared over the past year, many small businesses took steps to mitigate the damage to their cash flow and profits. Now, although gas has fallen from the record levels it hit in mid-July, companies are making those money
Voting By Numbers - The Ledger
Envision, if you can, a magical instrument that could probe your mind and in just a few minutes tell you precisely how your political views correspond with those of the people running for president. Curt Anderson thinks he has devised just such an
Of beauty and business and helping out veterans - Indianapolis Star
In a nation that’s bitterly divided on issues of politics, economics, immigration and Letterman vs. Leno, there’s one thing we can concur on: beauty is more appealing than ugliness. Americans love purty things. You don’t see crowds of architects and
Own a small business? Getting a Web site up and running isn’t so hard - Fort Worth Star-Telegram
If you own a small business, establishing an online presence — from choosing a name to getting the word out — is fairly easy It’s not that hard to get a Web site up and running. But many small businesses still seem intimidated. In a survey
GM’s Cruze gets 2010 launch - Detroit Free Press
LORDSTOWN, Ohio — General Motors Corp. hopes its next compact vehicle will inspire cost-conscious drivers to once again cruise the USA in a Chevrolet. GM hopes that the small Chevrolet Cruze — bigger than the Cobalt it replaces, but smaller than the
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What to Think about Before Buying a Business - MSNBC
I believe with all my heart that you’re superior off buying an existing successful business with trained employees, an established customer base and an existing “cash flow” adequate to provide a good living, than you are starting up a new business
Small business leaders give Pryor input on grant programs - Arkansas News Agency
LITTLE ROCK - Small business leaders on Thursday asked U.S. Sen. Mark Pryor, D-Ark., to exclude firms backed by venture capital from two federal programs due for reauthorization that award allows and contracts to small businesses. The federal Small
Senate and House candidates talk economy and energy - New Mexico Business Weekly
Helping small businesses get inexpensive health care for their employees, energy prices, immigration reform and the economy were the central issues tackled by candidates for the U.S. Home of Representatives and the U.S. Senate at a forum this day at the
King speech to Obama speech: A dream realized? - Boston Globe
The dreamer in him envisioned a day when “Whites Only” signs would no longer hang in restaurant windows. A time when everyone’s desire to vote would be respected. A time when blacks and whites would work, pray and live together. He spoke of an
Research and Markets: Bank of America: Online Experience Explored - Forbes
Research and Markets (http://www.researchandmarkets.com/research/93bb13/bank_of_america_o) has announced the addition of the “Bank of America: On the web Experience Explored - Plus new primary research with 20K business users online” report to their
Do Small Business and Politics Make Perilous Bedfellows? - Wall Street Journal
Wal-Mart recently got in some trouble for allegedly telling its employees the dangers of electing a Democratic president in November – mainly that Democrats were likely to enact unionization rules that would ultimately hurt Wal-Mart. Small-business
GM’s Cruze gets 2010 launch - Detroit Free Press
LORDSTOWN, Ohio — General Motors Corp. hopes its next compact vehicle will inspire cost-conscious drivers to once again cruise the USA in a Chevrolet. GM hopes that the small Chevrolet Cruze — more massive than the Cobalt it replaces, but smaller than the
Illinois Community Fights to Save Prison, Jobs - ABC News
When folks here heard the governor wanted to shut the 137-year-old Pontiac Correctional Center, sucking hundreds of jobs from the area, they mobilized in a way that only small towns can. They held rallies and a parade. Streets were lined with blue
Beyond Business: CEO Roundtable Golf Outing - Biz Times
The Metropolitan Milwaukee Association of Commerce’s (MMAC) Council of Small Business Executives (COSBE) recently held its 18th Annual CEO Roundtable Golf Outing at Tuckaway Country Club in Franklin. Peter Gottsacker of Wixon Inc., Greg Clement of
Go surf a kite - CNN Money
AMAGANSETT, N.Y. (Fortune Small Business) — On a hazy afternoon in late July, I’m floating in waist-deep water off the South Fork of Long Island, my bare feet strapped onto what looks like a skateboard without wheels. Walker Brock, the 27-year-old
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Dallas-area companies jump to suburbs or exurbs to open next locations - Dallas Morning News
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Is Your Private Jet Card Money Safe? - MarketWatch
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India call money-(closing)-09.00-09.25 pct Aug 21 - Reuters India
PVS CLOSE : 09.40-09.60 The indicative call rates are contributions from ABN Amro, Andhra Bank, AXIS Bank, Bank of America, Bank of Baroda, Bank of India, Canara Bank, J P Morgan Chase, Citibank N.A., Corporation Bank, Calyon Bank, Indusind Bank
VC Investment in India Jumps 120% to $238 Million in 2Q08, Driven by - MSN MoneyCentral
Dow Jones VentureSource: Boosted by $70M Deal, Advertising/Marketing Accounts for 37% of Region’s Funding; Deal Flow Remains Steady While Second Rounds Increase BANGALORE , MUMBAI and NEW DELHI, India , Aug. 21 /PRNewswire/ — Venture capitalists
S.Lanka shares edge down to 3-wk low led by Dialog - Reuters India
COLOMBO, Aug 21 (Reuters) - Sri Lankan shares edged down in thin trade on Thursday to a new 3-week closing low, led by market heavyweight Dialog Telekom as investors sold shares anticipating a further fall after its thin profits in June quarter. The
HIV awareness drive kicks into high gear - Boston Globe
STOW - Ethan Zohn tried to putt the golf ball into the hole. “Can I kick it in?” said the Lexington native, who is better known for his soccer prowess. He played professional soccer on Cape Cod, in Hawaii, and in Zimbabwe before winning $1 million on
Fla. storm experts plead for more funding - Miami Herald
Sitting in the cross-hairs of hurricane alley — and fresh from experiencing Tropical Storm Fay — Florida stands to gain the most from a spike in money for research through the National Hurricane Research Initiative Act, otherwise known as House
Lone Star to buy Germany’s IKB - CNN Money
FRANKFURT, Germany (AP) — German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star Funds, the German company’s biggest shareholder said
Deals of the Day: Merrill Lynch’s Love Affair With Foreign Money - Wall Street Journal
Deals of the Day includes all the major news of the morning related to mergers and acquisitions and financing. For breaking deal news, turn to the WSJ’s Deals & Deal Makers page, or click here to automatically sign up for Deals Alert emails. Good
Obama outspends McCain in July by 5-3 ratio - Boston Globe
WASHINGTON— After tightening his expenditures in June, Barack Obama spent far more freely in July, cutting into his cash reserves while mounting an advertising campaign against Republican presidential rival John McCain. The Illinois Democrat raised
Ticket bureau probed after music fans let down - Reuters UK
LONDON (Reuters) - Authorities are investigating a booking agency after hundreds of music fans complained they were let down when their tickets failed to arrive for last weekend’s V Festival. SOS Master Tickets is believed to have sold up to 800
3 charged in Huntington Station prostitution case - Newsday
Two pimps and a prostitute were arrested at a Huntington Station home Wednesday night after an investigation and surveillance by Second Precinct officers, police said. Henry Monzanarez, 27, of 67 East 3rd St., Huntington Station, and Jaime Garcia
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