FTSE 100 closes higher
(AFP)
Mon, 6 Sep 2010, 8 hours agoAFP - London shares climbed on Monday as investors further digested last week's better-than-expected US jobs data which reduced prospects of a return to recession.
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World markets rise as double-dip fears ease
(AP)
Mon, 6 Sep 2010, 11 hours agoAP - World stock markets advanced modestly Monday as investors rode momentum from Friday, when an upbeat U.S. jobs report eased fears that the global economy could slip back into recession.
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World stocks gain, dollar falls
(AFP)
Mon, 6 Sep 2010, 12 hours agoAFP - Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.
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Bad credit? For corporate borrowers, not a problem
(AP)
Sun, 5 Sep 2010 07:29:41 PMAP - With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well this year they look like they're part of a parallel universe.
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Wall Street ends week with hope
(AFP)
Sat, 4 Sep 2010 03:56:26 PMAFP - Wall Street heads into next week with strong tailwind from recent days' rally and brighter outlook as traders keenly await President Barack Obama to unveil new plans for boosting the shaky US economy.
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SEC reaches settlement with ex-Qwest CEO Nacchio
(AP)
Sat, 4 Sep 2010 01:31:37 AMAP - The Securities and Exchange Commission has reached a settlement in its civil lawsuit against former Qwest CEO Joseph Nacchio.
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Stocks extend September rally after jobs report
(AP)
Fri, 3 Sep 2010 09:37:49 PMAP - The stock market had its first winning week in a month thanks to better news on the economy.
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Summary Box: Stock market snaps a three-week slump
(AP)
Fri, 3 Sep 2010 09:01:50 PMAP - SEPTEMBER RALLY: The stock market had its first winning week in a month after better news on employment and manufacturing lifted shares.
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How the major stock indexes fared Friday
(AP)
Fri, 3 Sep 2010 08:56:15 PMAP - The stock market had its first winning week in a month after news on the economy started getting better. The Dow Jones industrial average jumped 128 points Friday, its fourth straight day of gains. Even after its four-day run, which added 438 points to the Dow, the index is still 6.8 percent below its April high.
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Stocks rally as jobs data spurs optimism
(Reuters)
Fri, 3 Sep 2010 08:43:39 PMReuters - Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.
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A look at economic developments around the globe
(AP)
Fri, 3 Sep 2010 05:00:38 PMAP - A look at economic developments and activity in major stock markets around the world Friday:
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"Quote stuffing" a focus in flash crash probe
(Reuters)
Thu, 2 Sep 2010 07:23:36 PMReuters - U.S. regulators probing the May flash crash are focusing on a trading practice known as "quote stuffing", in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately.
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US Def Sec: Afghans should lead corruption fight
(AP)
Thu, 2 Sep 2010 06:53:09 PMAP - U.S. Defense Secretary Robert Gates said Thursday that while the fight against corruption must be led by Afghans, the U.S. is working on new ways to prevent millions of American dollars flowing into the nation from underwriting bribery and graft.
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Report: SEC Investigating canceled trades
(AP)
Thu, 2 Sep 2010 12:25:08 PMAP - The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, according to The Wall Street Journal.
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European stocks drop before ECB rate call
(AFP)
Thu, 2 Sep 2010 11:02:55 AMAFP - European stock markets slid on Thursday as investors took profits from recent gains amid caution before the latest interest rate decision from the European Central Bank.
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Ex-hedge fund manager charged with insider trading
(Reuters)
Wed, 1 Sep 2010 05:15:33 PMReuters - A former hedge fund manager has been accused by a U.S. regulator of illegal insider trading in MedImmune Inc securities prior to the acquisition of the pharmaceutical company by Britain's AstraZeneca Plc.
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Some BofA shareholders can apply to tap $150M fund
(AP)
Wed, 1 Sep 2010 04:31:37 PMAP - Investors who lost money when Bank of America Corp. bought Merrill Lynch without disclosing Merrill's problems can start applying to tap a $150 million compensation fund.
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Equities make bright start to September
(AFP)
Wed, 1 Sep 2010 11:16:32 AMAFP - Asian and European stocks rose on Wednesday, lifted by bargain-hunting and upbeat data, as dealers set aside Wall Street's worst August performance in nine years amid stubborn US recovery doubts.
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Strong Asian data boosts world stocks
(Reuters)
Wed, 1 Sep 2010 08:46:51 AMReuters - World stocks kicked off September on a stronger note on Wednesday as data showed a manufacturing rebound in China and stronger-than-expected growth in Australia, while the yen held near recent 15-year peaks against the dollar.
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SEC says it lacked authority to charge Moody's
(AP)
Tue, 31 Aug 2010 11:23:32 PMAP - The Securities and Exchange Commission has declined to seek fraud charges against Moody's Investors Services over its ratings of risky investments that led to the financial crisis.
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