SEC head prods Congress on derivatives rules (Reuters)

Published on March 13, 2010 by

Reuters - The top U.S. securities regulator said market watchdogs need to supervise credit default swaps, securities blamed for exacerbating 2008’s market meltdown and more recently the Greek debt crisis.
Source:SEC head prods Congress on derivatives rules
(Reuters)

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Verizon to list on Nasdaq as well as NYSE (AP)

Published on March 13, 2010 by

AP - Verizon Communications Inc. said Friday it will list its stock on the Nasdaq exchange along with its existing New York Stock Exchange listing.
Source:Verizon to list on Nasdaq as well as NYSE
(AP)

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Posted in Stock Market

FTSE shares close higher (AFP)

Published on March 13, 2010 by

AFP - FTSE 100 shares ended slightly higher on Friday on news that retail sales in the United States rose unexpectedly in February for the second straight month.

Source:FTSE shares close higher
(AFP)

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Posted in Stock Market

Kroger, Ruby Tuesday, UAL are big movers (AP)

Published on March 12, 2010 by

AP - Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
Source:Kroger, Ruby Tuesday, UAL are big movers
(AP)

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Posted in Stock Market

S&P 500 hits 17-month high as banks lift Wall St (Reuters)

Published on March 12, 2010 by

Reuters - The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy.

Source:S&P 500 hits 17-month high as banks lift Wall St
(Reuters)

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Posted in Stock Market

China: US assets should not be 'politicized' (AP)

Published on March 12, 2010 by

AP - An official in charge of China’s foreign reserves tried to ease American concern Tuesday about the political impact of its huge holdings of U.S. government debt and indicated Beijing has no plans for a big increase in its gold stockpile.

Source:China: US assets should not be 'politicized'
(AP)

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Posted in Stock Market

FTSE 100 shares edge higher (AFP)

Published on March 11, 2010 by

AFP - Leading shares closed higher on Wednesday in cautious trading as market players digested the latest batch of company results and awaited key US economic data later this week.

Source:FTSE 100 shares edge higher
(AFP)

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Posted in Stock Market

World stocks up modestly; pound takes another hit (AP)

Published on March 11, 2010 by

AP - World stock markets mostly rose Wednesday, though trading was choppy as investors looked for direction a day after the one-year anniversary from recession-related lows. The pound meanwhile continued to decline after disappointing industrial production figures.

Source:World stocks up modestly; pound takes another hit
(AP)

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Posted in Stock Market

SEC chief economist leaving (AP)

Published on March 11, 2010 by

AP - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector.
Source:SEC chief economist leaving
(AP)

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Posted in Stock Market

Summary Box: Gains slow after big year for stocks (AP)

Published on March 10, 2010 by

AP - A YEAR LATER: The Dow Jones industrial average is up 61.4 percent since it closed at a 12-year low of 6,547 on March 9, 2009. On paper, U.S. stocks have gained about $5.7 trillion but are still down about $5.5 trillion from the peak in October 2007.
Source:Summary Box: Gains slow after big year [...]

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Posted in Stock Market

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