|
AFP - A newly revived Wall Street faces a fresh test of momentum in the coming week with a wave of corporate results that may indicate whether the latest rebound is for real.
|
AP - The former president of a major Chinese stock brokerage has gone on trial on insider-trading charges in connection with the company's 2006 stock market debut, a state news agency reported Saturday.
|
Reuters - The European Commission wants to
cooperate closely with the U.S. Securities and Exchange
Commission (SEC) on the planned regulation of credit rating
agencies, the German financial weekly Euro am Sonntag reported.
|
Time.com - Violence unhinges the country's once booming financial markets as investors worry about stability and some grow nostalgic for the Musharraf dictatorship
|
|
AP - Wall Street closed out an impressive week with a mixed performance Friday after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected bank earnings reports. But the major indexes still ended the week with big gains, the result of rising optimism about the troubled financial sector.
|
|
Reuters - Technology stocks fell on Friday and
drove the Nasdaq down 1 percent on disappointing earnings from
Google and Microsoft, while Citigroup's
smaller-than-expected loss pushed up the Dow and helped keep
the broader market near the unchanged mark.
|
|
Reuters - Freddie Mac won approval
from regulators on Friday to sell the stock needed to overcome
mounting losses, and the Wall Street Journal said the mortgage
finance company may seek $10 billion.
|
|
AFP - Leading shares closed at a day's high Friday as Wall Street recovered from lows and banks rebounded following an upbeat quarterly report from Citigroup which helped to offset losses in the mining sector.
|
|
Reuters - A judge was right to throw out a
jury's securities fraud conviction of a former New York Stock
Exchange floor trader because prosecutors did not prove their
case, a federal appeals court ruled on Friday.
|
|
AFP - Asian and European stock markets were subdued on Friday at the end of a highly volatile week for global equities amid stubborn investor jitters over the US banking results season.
|
|
AFP - The London stock market gained ground in opening deals on Thursday after turbulent trade this week, with a gain of 0.50 percent to stand at 5,176.60 points.
|
Reuters - U.S. securities regulators' moves to
curb short selling of financial sector stocks may give a boost
to a handful of exchange-traded funds (ETFs) that are shorting
the financial sector and producing sizzling returns.
|
FT.com - The Securities and Exchange Commission, the top markets watchdog in the US, is not known for acting fast. It can take months, if not years, for the regulator to enact new rules to govern the markets.
|
AP - Treasury prices fell Wednesday as a drop in oil prices and better-than-expected results from Wells Fargo & Co. drew investors back into the pummeled stock market.
|
AP - The Wall Street Journal is eliminating 50 editorial positions as part of a realignment that combines editorial oversight for its print and online editions, Managing Editor Robert Thomson said Wednesday.
|
|
Reuters - U.S. securities regulators
issued an emergency rule on Tuesday to limit certain types of
short selling in major financial firms, including Fannie Mae
and Freddie Mac .
|
Reuters - Securities regulators have more than
four dozen subprime investigations under way that involve
subprime lenders, investment banks, credit rating agencies and
insurers, the chairman of the U.S. Securities and Exchange
Commission said on Tuesday.
|
|
AP - Asian and European stock markets fell sharply Tuesday as investor confidence in the U.S. financial system eroded further despite a government-backed plan to help beleaguered mortgage financiers Fannie Mae and Freddie Mac.
|
Reuters - The U.S. Securities and Exchange Commission
(SEC) has sent subpoenas to more than 50 hedge-fund advisers as
it investigates whether individuals spread false rumors to
manipulate shares in two Wall Street firms, The Wall Street
Journal said, citing a person familiar with the matter.
|
Reuters - U.S. securities regulators are
boosting efforts to stop the spread of false rumors that
threaten financial institutions, after a week that saw steep
slides in the shares of Fannie Mae , Freddie Mac
and Lehman Brothers .
|