Stock Markets
- Europe resilient in face of banking woes
- European stock markets ended the day roughly where they began as investors balanced news of unexpected banking losses at Credit Suisse (NYSE:CS) against better results from Barclays (NYSE:BCS). The UK bank, which avoided nasty shocks on credit marke...
- Author:Jeremy LemerDate:06/28/08Click:0 Full Story...
- Stocks bounce higher as bond woes ease
- NEW YORK - Wall Street ended its worst January since 1990 with a huge advance Thursday after investors set aside worries about bond insurers and grew more optimistic that the Federal Reserve's interest rate cuts will indeed help lift the economy. Th...
- Author:TIM PARADISDate:06/28/08Click:0 Full Story...
- MBIA lifts Wall Street
- NEW YORK (Reuters) - Stocks ended higher on Thursday after a major bond insurer reassured investors about its stability, fueling a rebound by financial shares hammered recently by the prospect of crumbling credit markets. Even with the day's strong...
- Author:Ellis MnyanduDate:06/28/08Click:0 Full Story...
- Carphone leads London turnround
- Carphone Warehouse spearheaded the advance in which the FTSE 100 bounced back from a 150-point loss to close higher on Thursday. Shares in the mobile phone and broadband internet group jumped 8.1 per cent to 328½p on speculation of a 400p bid...
- Author:Neil Hume & Robert OrrDate:06/28/08Click:0 Full Story...
- US stocks rebound on bond insurer hopes
- US stocks rebounded strongly on Thursday after MBIA (NYSE:MBI) helped alleviate some of the concerns about troubled bond insurers at the end of the worst January for equities since 1990. Sentiment improved considerably after MBIA it had been the tar...
- Author:Chris BryantDate:06/28/08Click:0 Full Story...
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