| U.S. oil prices slip more than $1 on API build( 2009-04-17 02:35) | | LOS ANGELES (Reuters) – U.S. crude oil futures fell more than $1 a barrel after Tuesday's settlement as the American Petroleum Institute reported a big build in crude supply. May delivery crude hit $48.14 a barrel on the New York Mercantile... |
| Feds: US government won't take Madoff money(By LARRY NEUMEISTER, Associated Press Writer Larry Neumeister, Associated Press Writer 2009-04-16 23:29) | | NEW YORK – The U.S. government said Wednesday it will not try to keep any money recovered from the sale of Bernard Madoff's assets, a message meant to reassure skittish investors who feared some proceeds might land in the U.S. Treasury rather than t... |
| Stocks, European currencies turn lower after data(By Natsuko Waki Natsuko Waki 2009-04-15 01:47) | | LONDON (Reuters) – World stocks turned lower and European currencies fell on Tuesday after data showed the euro zone economy shrank more than previously thought, fanning concerns about the impact on corporate profits from the economy. Gross domestic... |
| World stocks downbeat before US jobs data( 2009-04-13 21:09) | | LONDON (AFP) – European stock markets dipped and Asian equities were mixed on Friday as investors tread cautiously before the release of key US jobs data, traders said, following a surge sparked by the G20 summit. World indices had soared Thursday a... |
| Gov't looks to quell nationalization fears(By JEANNINE AVERSA, Associated Press Writers Jeannine Aversa, Associated Press Writers 2009-02-24 10:05) | | WASHINGTON – The U.S. government on Tuesday sought to quell concerns that the administration is moving toward nationalization of the country's ailing financial system, but said it would provide additional support to banks that do not have an adequat... |
| FBI tracks down Texas financier in fraud case(By DEVLIN BARRETT, Associated Press Writer Devlin Barrett, Associated Press Writer 2009-02-20 07:48) | | WASHINGTON – Texas financier R. Allen Stanford was tracked down Thursday in Virginia, where FBI agents served him with legal papers in a multibillion-dollar fraud case. FBI agents, acting at the request of the Securities and Exchange Commission, ser... |
| Stocks end mixed as investors look to Washington(By TIM PARADIS, AP Business Writer Tim Paradis, Ap Business Writer 2009-02-10 10:41) | | NEW YORK – Investors are waiting for Washington to make the next move. Stocks ended a quiet session with only modest changes Monday as Wall Street sought details of how the government will reshape a rescue plan for the financial industry. Investors... |
| Wall Street flat ahead of bank plan, stimulus(By Chuck Mikolajczak Chuck Mikolajczak 2009-02-10 10:41) | | NEW YORK (Reuters) – The Dow industrials eased on Monday as falling oil prices hurt energy shares and a brokerage raised concerns about Coca-Cola and PepsiCo, blunting a rise in financial stocks on hopes a bailout will spare shareholders. Anxious tr... |
| NYSE Euronext profit down 20 percent, shares drop(By Daisy Ku Daisy Ku 2009-02-10 10:41) | | LONDON (Reuters) – Fourth-quarter net profit at NYSE Euronext (NYX.PA)(NYX.N) dropped 20 percent as rivals forced the transatlantic exchange operator to cut prices and the strengthening euro further dented its business. The bourse operator's shares... |
| European stocks sag over US stimulus plan( 2009-02-10 10:41) | | LONDON (AFP) – Europe's main stock markets drifted lower on Monday amid investor anxiety about the progress of US President Barack Obama's huge economic stimulus package, analysts said. Investor sentiment was also hit after auto giant Nissan announc... |
| World markets fall as US stimulus rally fades(By LOUISE WATT, Associated Press Writer Louise Watt, Associated Press Writer 2009-02-10 10:40) | | LONDON – World stock markets mostly fell Monday as a recent rally over the $827 billion U.S. economic stimulus plan and a new bank bailout began to fade. By noon in mainland Europe, Britain's FTSE 100 was down 0.6 percent at 4,267.96, Germany's DAX... |
| Bank rescue plan could extend gains(By Deepa Seetharaman Deepa Seetharaman 2009-02-09 09:38) | | NEW YORK (Reuters) – Investors are heavily betting the Obama administration's bank rescue plan, to be unveiled at on Tuesday, will extend the stock market's rally into this week and bolster the fragile U.S. economy. The broad KBW Banks index (.BKX)... |
| Wall Street anxious for passage of stimulus(By SARA LEPRO, AP Business Writer Sara Lepro, Ap Business Writer 2009-02-09 09:38) | | NEW YORK – The coming week on Wall Street will be largely shaped by events in Washington, with investors anticipating the passage of an economic stimulus bill while awaiting more details on how the Obama administration plans to save the nation's ail... |
| Wall Street shrugs off January job losses of 598K(By TIM PARADIS, AP Business Writer Tim Paradis, Ap Business Writer 2009-02-09 09:38) | | NEW YORK – Investors have taken another big gamble on the government's plans to help the economy — hoping that this one will finally work. All the major indexes rose more than 2 percent Friday, including the Dow Jones industrial average, which... |
| SEC looks to reassure investors(By Toni Reinhold Toni Reinhold 2009-02-07 01:03) | | NEW YORK (Reuters) – Securities and Exchange Commission officials looked to reassure investors on Friday that they would reinvigorate the agency's policing of Wall Street, improve the quality of credit ratings and said they expect to bring more case... |
| European, Asian stocks rise amid US stimulus hopes(By LOUISE WATT, Associated Press Writer Louise Watt, Associated Press Writer 2009-02-07 01:03) | | LONDON – European and Asian stock markets climbed Friday, with Hong Kong's benchmark up more than 3 percent, amid hopes massive U.S. stimulus measures will mitigate the worst global slowdown in decades. Investors were also waiting for key jobs data... |
| FTSE 100 in the red( 2009-01-29 00:14) | | LONDON (AFP) – The FTSE 100 index was in the red on Tuesday as jitters persisted about a global financial crisis which has sparked tens of thousands of job cuts so far this week. Shares in London closed down 0.35 percent to close at 4,194.41 points.... |
| SEC official: agency did not detect Madoff fraud( 2009-01-28 23:52) | | WASHINGTON (Reuters) – The Securities and Exchange Commission did not examine the advisory operations of accused financial swindler Bernard Madoff despite the firm registering in September of 2006, a top SEC official told lawmakers on Tuesday. Lori... |
| World markets fall as UK slides into recession(By LOUISE WATT and CARLO PIOVANO, Associated Press writers Louise Watt And Carlo Piovano, Associated 2009-01-24 19:11) | | LONDON – World markets fell Friday as investors were disheartened by weak corporate and economic figures and confirmation that Britain plunged into recession at the end of last year. The news that Samsung saw its first-ever quarterly loss came on th... |
| London shares suffer as recession bites( 2009-01-24 19:11) | | LONDON (AFP) – London stocks finished fractionally up on Friday as investors came to terms with GDP data showing that the country had officially entered a recession. The FTSE 100 index up 0.01 percent to 4,052.47 points. The Royal Bank of Scotland (... |
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