Stock Markets
- Auto stocks send bourses higher
- European equities rose on Friday, with recently battered carmakers and technology stocks leading the advance after the US passed measures to stimulate the world's biggest economy. The FTSE Eurofirst 300 was up 1.5 per cent to 1,349.88, Frankfurt's X...
- Author:Neil DennisDate:06/28/08Click:0 Full Story...
- Wall Street extends rebound
- US stocks were trading higher for the third consecutive session on Friday, repairing more of the damage inflicted in January, and were on course for their first weekly rise this year. A bullish outlook from Microsoft and other upbeat earnings from C...
- Author:Michael MackenzieDate:06/28/08Click:0 Full Story...
- FTSE loses gains as Wall St stalls
- London equities closed with small losses on Friday, after a lacklustre morning on Wall Street took the shine off the market. Housebuilders were drawn into the late sell-off on renewed concern about the prospects for UK home sales and the recovery in...
- Author:Michael Hunter & Neil DennisDate:06/28/08Click:0 Full Story...
- Bourses end flat as US equities lose gains
- European equities were little changed on Friday, coming off intraday gains as Wall Street indices lost momentum. Banking stocks fell as investors continued to mull over the implications of the fraudulent activities of Société Gé...
- Author:Neil Dennis & Michael HunterDate:06/28/08Click:0 Full Story...
- Investors urged not to panic but to buy on falls
- Investors are being urged to look to the long term - and to buy on weakness rather than panic sell - after a week of high drama in stock markets. A 5.5 per cent fall in the FTSE 100 index on Monday - the biggest drop for the UK since the 9/11 terror...
- Author:Steve LodgeDate:06/28/08Click:0 Full Story...
- Oil prices shoot above 90 dollars
- LONDON (AFP) - The price of oil jumped back above 90 dollars on Friday, helped by a recovery in global stock markets on the back of plans for a stimulus package to prevent the US economy falling into recession, traders said. New York's main contract...
- Author:UnknownDate:06/28/08Click:0 Full Story...
- The start of the great unwinding
- This is hyperfinance. In the space of five frenetic days, stock markets have plunged and recovered; the US Federal Reserve has cut interest rates to 3.5 per cent; so-called "monoline" insurers, revealed as a small but vital valve in the fin...
- Author:UnknownDate:06/28/08Click:0 Full Story...
- High Marks for Strayer Education
- While tightness in the private lending market caused by the credit crisis has investors worried about students' ability to afford college courses, Strayer Education (STRA) continues to report a rise in enrollment and sees its profits growing by up to...
- Author:David BogoslawDate:06/28/08Click:0 Full Story...
- London shares rally, focus on banks
- LONDON (AFP) - London's FTSE 100 shot higher on Monday, with banks in focus amid the nationalisation of troubled lender Northern Rock. In late morning deals, the FTSE 100 index of top companies surged 1.80 percent to 5,895.70 points. London stocks...
- Author:UnknownDate:06/28/08Click:0 Full Story...
- World markets mixed on Presidents Day
- LONDON - European stocks rocks rose Monday on speculation about possible new investment in the banking sector even as U.S. markets remain closed on Presidents Day, a public holiday. Asian markets were mixed. The U.K.'s benchmark FTSE 100 rose 2.75 p...
- Author:UnknownDate:06/28/08Click:0 Full Story...
- Wall Street faces fury over subprimes
- BOSTON - Regulators are trying to punish Wall Street for mortgage finance practices that expanded home ownership and spread risk among a host of new players — but also may have duped borrowers and investors who supplied cash to fuel a housing b...
- Author:MARK JEWELLDate:06/28/08Click:0 Full Story...
- Stocks end lower amid inflation fears
- NEW YORK - Wall Street gave up a big early advance and closed mixed Tuesday after oil prices closed above $100 for the first time and stoked fears that inflation will stymie an already troubled economy. Soaring oil prices could bring more problems f...
- Author:MADLEN READDate:06/28/08Click:0 Full Story...
- Market off as oil jumps above $100
- NEW YORK (Reuters) - Stocks fell on Tuesday as crude oil prices rose to a record above $100 a barrel, erasing an earlier rally on concern that higher energy costs could fan inflation and crimp consumer spending and profits. The broader market turned...
- Author:Caroline ValetkevitchDate:06/28/08Click:0 Full Story...
- US Investors unsettled by oil price spike
- US stocks gave up early gains on Tuesday as equity investors were unsettled by a sudden spike in crude oil prices above $100 a barrel sparking concerns that businesses would be hit with higher costs. Soaring oil prices also raised the spectre of ren...
- Author:Chris BryantDate:06/28/08Click:0 Full Story...
- FTSE edges higher as Barclays pleases
- Shares in business travel company Hogg Robinson gained 7 per cent to 61p Tuesday because of rumours it could be a takeover target for BCD, a family-owned rival with a large presence in the US travel market. Shortly before Christmas, Beverweerd Inves...
- Author:Neil Hume & Robert OrrDate:06/28/08Click:0 Full Story...
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