Stock Market News
- Indian Stocks are Better Long-Term Bet, Franklin Says (Update1) Tuesday, March 9, 2010 @ 10:01PMMarch 10 (Bloomberg) -- India offers better long-term returns on stocks than China given the outlook for economic growth and corporate earnings, according to Franklin Templeton Investments.
- RP stocks track Wall Street"s lackluster performance Tuesday, March 9, 2010 @ 9:59PMLocal share prices continued their lackluster performance in mid-week trade, tracking Wall Street"s steady movement overnight.
- Lohan Goes After E*Trade To Tune Of $100 Million Tuesday, March 9, 2010 @ 9:59PMActress Lindsay Lohan is fighting with "babies." She has filed a $100 million lawsuit on Long Island, claiming that a television ad for a Wall Street firm featuring babies is modeled after her. The ad, first seen by hundreds of millions during the Super Bowl, refers to a "milkaholic Lindsay." CBS 2 HD conducted a little experiment on Tuesday. We went around and asked people on the street what ...
- US minted more millionaires in 2009 Tuesday, March 9, 2010 @ 9:57PMWashington, March 10 : America's millionaires are on the rise again after their ranks thinned out during the 2008 market meltdown, according to a new survey.
- ASX CLOSE: Market closes session flat Tuesday, March 9, 2010 @ 9:56PMAcross Asia, regional markets are mixed after a modest set of leads from Wall St and stronger-than-expected import data from China. The Hang Seng is the best performer, up 0.2% while the Nikkei, Shanghai Composite and Kospi are all weaker between 0.1% and 0.5%.
- AIG ‘Money in the Door’ Deals Reap $3.2 Billion for Bondholders Tuesday, March 9, 2010 @ 9:56PMMarch 10 (Bloomberg) -- American International Group Inc. bondholders reaped at least $3.2 billion after the bailed-out company announced deals to sell its two largest non-U.S. life insurance divisions for $51 billion.
- Abbott Bests Biogen With $27-a-Share Bid for Facet Biotech Tuesday, March 9, 2010 @ 9:56PMMarch 10 (Bloomberg) -- Abbott Laboratories , maker of the arthritis medicine Humira, succeeded in its bid for Facet Biotech Corp. by offering 54 percent more than Biogen Idec Inc.
- Denbury Announces Completion of Acquisition of Encore, Entry into New $1.6 Billion Credit Facility and Extension of ... Tuesday, March 9, 2010 @ 9:55PMDenbury Resources Inc. (NYSE: DNR) ("Denbury) announced today that it has closed its acquisition of Encore ...
- Merlin gets back on IPO rollercoaster as results jump Tuesday, March 9, 2010 @ 9:55PMMerlin Entertainments, owner of Madame Tussauds and the London Eye, said a 10pc jump in visitor numbers and double-digit growth in annual earnings had re-ignited hopes for a £2bn stock market listing.
- It's up, up and away Tuesday, March 9, 2010 @ 9:55PMIt was the year of the bull, as the stock market staged one of the most spectacular comebacks ever recorded. Just 12 months ago, America's blue chips had bottomed to as little as $1 a share. Nest-egg investors dreaded peeking at their statements. But for those who rolled the...
- S&P Rally Slowed by Fastest Cash Depletion at Funds Since 1991 Monday, March 8, 2010 @ 12:16AMMarch 8 (Bloomberg) -- Equity mutual funds are burning through cash at the fastest rate in 18 years, leaving them with the smallest reserves since 2007 in a sign that gains for the Standard & Poor’s 500 Index may slow.
- New Normal Becomes Old Normal as Exports Propel U.S. Recovery Monday, March 8, 2010 @ 12:16AMMarch 8 (Bloomberg) -- The “new mix” is out to topple the “new normal” as the paradigm for America’s economic future. The 5.9 percent annualized surge in fourth-quarter growth -- the fastest since 2003 -- was powered more by exports and business investment than the traditional drivers of consumption and housing.
- Prudential to speed up HK listing Monday, March 8, 2010 @ 12:16AMLONDON - BRITISH insurer Prudential, which is planning a massive assault on the Asian market, said on Monday that it would speed up it plans to list shares in the group on the Hong Kong stock exchange.
- Internet Marketing Conference To Hit Calgary AB In March Monday, March 8, 2010 @ 12:16AMThe Internet Marketing Conference hosts conferences all over the world and has made the decision to come to Calgary, AB. The line up of speakers is fantastic and this promises to be a great event. (PRWeb Mar 8, 2010) Read the full story at http://www.prweb.com/releases/2010/03/prweb3691664.htm
- Shell in joint bid for gas firm Monday, March 8, 2010 @ 12:14AMRoyal Dutch Shell and PetroChina launch a joint takeover bid for Australian liquefied natural gas group Arrow Energy.
- QBE Insurance Examining Opportunities for Premium Growth in 2011 Monday, March 8, 2010 @ 12:13AMMarch 8 (Bloomberg) -- QBE Insurance Group Ltd., Australia’s biggest insurer by market value, said it’s examining opportunities for premium growth in 2011 of as much as A$2.5 billion.
- (AFX UK Focus) 2010-03-08 07:57 Italian Stocks - Factors to watch on March 8 Monday, March 8, 2010 @ 12:11AMMILAN, March 8 (Reuters) - The following factors could affect Italian markets on Monday.
- Tax breaks not always a break for city Monday, March 8, 2010 @ 12:04AMCorporate arrangements can backfire when economy gets tough
- Market too tough for a Big Bear listing Saturday, March 6, 2010 @ 4:11PMBig Bear Group has shelved it's plans to float on the stock market. The company behind the Sugar Puffs cereal brand, Fox's Glacier Mints and Just Brazils chocolates has become the latest in a wave of companies forced to ditch their hopes for listings.
- Margareta Pagano: Going mutual paid off at Spain's top football clubs Saturday, March 6, 2010 @ 4:11PMIt's not just the brilliance of the footballers at Real Madrid and Barcelona that British clubs should be looking to for inspiration but the way the Spanish teams are run. Both are mutual organisations, owned by their supporters who are responsible for electing management.
- A century of distinction: 100 women who changed the world Saturday, March 6, 2010 @ 4:10PMTomorrow is designated International Women's Day, and it is a particularly significant milestone this year: the campaign to improve the rights of women was founded a century ago.
- Sunday March 07 2010 Saturday, March 6, 2010 @ 4:06PMNEW YORK, March 6 — With the financial crisis seemingly safely in the past, investors around the world are ready to put new capital to work but these moneybags are treading with greater caution after taking it on the chin previously.
- Q+A’s Holmes Interviews CRI Taskforce Chairman Saturday, March 6, 2010 @ 4:05PMMr Jordan, good morning. Let's establish your bona fides if I may without being patronising, but some people may not be familiar with your extraordinary record. You're a businessman with a fascination for science, the only Kiwi to list on the NASDAQ, how did you ...
- Corning Watch StarMine identifies most savvy analysts Saturday, March 6, 2010 @ 3:48PMWhen you're considering investing in Corning Inc. stock, it would help to know how the most savvy securities analysts view the company's prospects.
- Burlington residents nab $100K lottery prizes Saturday, March 6, 2010 @ 3:24PMGiven their recent run of fantastic luck, Earlene Kincaid and Jeffrey Boswell might want to consider investing in the stock market, or going to Las Vegas. That’s because both Burlington residents turned a $5 investment into a cool $100,000. Last...
- Ministers ‘let army homes fall into ruin’ Saturday, March 6, 2010 @ 3:13PMMINISTERS are being blamed for allowing thousands of soldiers’ homes to fall into ruin and disrepair after they were sold to the private sector in a £1.6 billion deal.
- For self-styled psychic, SEC fraud suit came as a surprise Saturday, March 6, 2010 @ 3:12PMRegulators say he swindled clients of $6 million
- Lady Antebellum and Josh Turner Still Claim Top Album, Song Saturday, March 6, 2010 @ 3:08PMListen, folks, if you want volatility, watch the stock market. The Billboard country charts continue to be remarkably stable. Lady Antebellum 's Need You Now celebrates its fifth week as country music's top album while Josh Turner 's "Why Don't We Just Dance" toasts its fourth as the genre's No. 1 song.
- Bank stocks climb from abyss, find footing fragile Friday, March 5, 2010 @ 7:15PMBut after 146% surge, bank sector may languish, restraining broader market.
- Empire Avenue Looks to Determine the Value of You Friday, March 5, 2010 @ 7:14PMEmpire Avenue (Web) New website is a virtual stock market of people and sites based on how active they are on the web.
- China's economic promises focus on creating jobs Friday, March 5, 2010 @ 7:14PMChinese Premier Wen Jiabao pledged Friday to redouble the country's stimulus program to focus on job creation, signaling that Beijing's main worry is keeping its factories humming and its restive
- Bulls may extend rally from March 2009 lows Friday, March 5, 2010 @ 7:09PMNEW YORK (Reuters) - Bulls may get more room to run next week on the anniversary of the March 2009 lows -- if U.S. stock investors see more signs of stability after Friday's rally on smaller-than-expected job losses.
- US stocks jump after better-than-expected jobs report Friday, March 5, 2010 @ 7:05PMNEW YORK: Stocks jumped Friday after the government's employment report showed fewer jobs were cut in February than expected.
- Oil settles above US$81 on US jobs report Friday, March 5, 2010 @ 7:05PMNEW YORK: The government jobs report for February that came out Friday raised hopes that the U.S. economy may slowly be healing.
- Int'l readers concerned about Premier Wen's government work report, survey shows Friday, March 5, 2010 @ 7:04PMPrior to the annual NPC & CPPCC sessions this year, English, French, Russia, Spanish and Arabic services of People's Daily Online launched an online survey, soliciting opinions on the hot social and economic issues readers care about. The 20-question survey has aroused the attention of many international readers during the past weeks. The results revealed that Premier Wen's government work ...
- Affordable housing bill would exempt many NJ towns Friday, March 5, 2010 @ 6:59PMTRENTON, N.J. (AP) — Affordable housing advocates are objecting to a new proposal to overhaul how the state requires towns to provide low-income housing, saying it lets too many towns off the hook and would do little to ensure that more affordable housing is built.
- Saturday March 06 2010 Friday, March 5, 2010 @ 6:53PMNEW YORK, March 6 — With the financial crisis seemingly safely in the past, investors around the world are ready to put new capital to work but these moneybags are treading with greater caution after taking it on the chin previously.
- Should He Stay, or Should He Go? Friday, March 5, 2010 @ 6:45PMNo free agent in the modern era has captured the imagination of fans and teams quite like LeBron James. With major markets clamoring for his services, HOOPSWORLD's Tommy Beer ...
- A look at global economic developments Friday, March 5, 2010 @ 12:05PMA look at economic developments and activity in major stock markets around the world Friday:
- HealthTronics 4th-qtr loss narrows as charges fall Friday, March 5, 2010 @ 12:04PMMedical equipment maker HealthTronics Inc. reported a narrower fourth-quarter loss compared to a year earlier, when it absorbed $144 million in impairment charges.
- Coke CEO Kent gets pay cut in 2009 Friday, March 5, 2010 @ 12:04PMThe CEO of Coca-Cola Co. took a pay cut in his first full year in charge, getting less compensation than he did in 2008 when he was promoted midway through the year.
- You Ask, Stockpickr Answers: March 5 Friday, March 5, 2010 @ 12:00PMLately on Stockpickr, people have been asking and answer questions about Apple, VMware and more.
- Euro Gold Records 2 Friday, March 5, 2010 @ 12:00PMAfter spending our entire lives in a dollar-dominated world, we Americans naturally view gold through a dollar-centric lens. We assume the gold charts we’re seeing are universal. But this isn’t the case, as investors around the globe view gold in their own local currencies.
- HealthTronics 4th-qtr loss narrows as charges fall Friday, March 5, 2010 @ 12:00PMMedical equipment maker HealthTronics Inc. reported a narrower fourth-quarter loss compared to a year earlier, when it absorbed $144 million in impairment charges. After the market closed on Thursday, HealthTronics said it lost $2.3 million, or 5 cents per... Business - Healthcare - Products and Services - Medical Equipment - Associations
- Canada to Cut 2010 Bond Issuance to C$95 Billion: Canada Credit Friday, March 5, 2010 @ 2:58AMMarch 5 (Bloomberg) -- Canada plans to sell C$95 billion ($92.1 billion) in bonds in fiscal 2010, down from about C$102 billion in the previous year, as emergency stimulus programs wind down, Finance Minister Jim Flaherty said in his budget presentation yesterday.
- (AFX UK Focus) 2010-03-05 10:16 UPDATE 2-Korea Life prices $1.5 bln IPO below range - sources Friday, March 5, 2010 @ 2:58AMBy Jungyoun Park and Rhee So-eui
- (AFX UK Focus) 2010-03-05 10:21 UPDATE 1-Norway oil fund swings to best return from worst Friday, March 5, 2010 @ 2:57AMOSLO, March 5 (Reuters) - Norway's sovereign wealth fund, Europe's biggest equity investor, swung to its best ever return in 2009, generating more than $100 million in gains to almost erase its worst ever return posted 12 months earlier. Commonly known as the oil fund, it gained 613 billion crowns ($103 billion) last year, the central bank said on Friday, reflecting the broad-based market ...
- (AFX UK Focus) 2010-03-05 10:49 UPDATE 1-StanChart seeking Shanghai listing - Asia CEO Friday, March 5, 2010 @ 2:56AMBy Clare Jim
- StanChart seeking Shanghai listing - Asia CEO Friday, March 5, 2010 @ 2:56AMBy Clare Jim
- Used car sales will recover quicker than new car market Friday, March 5, 2010 @ 2:55AMThe remarketing and retail services company makes this prediction, in spite of the reduced volumes of vehicles due back into the wholesale market in three to four years time, as a result of weak new vehicle registrations in 2008 and 2009.