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AP - The stock market had its first winning week in a month thanks to better news on the economy.
Fri, 03 Sep 2010 21:37:49 GMT
Summary Box: Stock market snaps a three-week slump
(AP)
AP - SEPTEMBER RALLY: The stock market had its first winning week in a month after better news on employment and manufacturing lifted shares. Fri, 03 Sep 2010 21:01:50 GMT
How the major stock indexes fared Friday
(AP)
AP - 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. Fri, 03 Sep 2010 20:56:15 GMT
Reuters - 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.
AP - Stocks pushed higher Friday after a relatively upbeat U.S. jobs report for August eased concerns about the pace of the economic recovery in the world's largest economy.
AFP - European equities surged on Friday and the dollar jumped above 85 yen as financial markets welcomed a better-than-expected payrolls report in the United States.
Reuters - 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.
AP - 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.
Thu, 02 Sep 2010 18:53:09 GMT
Report: SEC Investigating canceled trades
(AP)
AP - 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. Thu, 02 Sep 2010 12:25:08 GMT
AFP - 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.
Thu, 02 Sep 2010 11:02:55 GMT
Ex-hedge fund manager charged with insider trading
(Reuters)
Reuters - 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. Wed, 01 Sep 2010 17:15:33 GMT
AP - 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.
AFP - 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.
Reuters - 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.
Wed, 01 Sep 2010 08:46:51 GMT
SEC says it lacked authority to charge Moody's
(AP)
AP - 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. Tue, 31 Aug 2010 23:23:32 GMT
Fed approves sale of Morgan Stanley stock shares
(AP)
AP - The Federal Reserve has approved a request by a Chinese sovereign wealth fund to acquire up to 10 percent of the voting shares of New York investment giant Morgan Stanley. Tue, 31 Aug 2010 21:40:38 GMT
Summary Box: September the worst month for stocks
(AP)
AP - SEPTEMBER SLUMP: September is historically the worst month in the market and one of only three, along with February and June, when stock prices typically decline. The Standard & Poor's 500 index has declined an average of 0.6 percent in Septembers since 1950. Tue, 31 Aug 2010 17:24:03 GMT
