Sputtering Wall Street awaits Obama stimulus (AFP) - Comments Off
AFP - Wall Street kicks off the month of February with confidence still shaky and investors hoping for a quick government stimulus to counter the worst recession in decades.
After horrid January, stocks eye stimulus (Reuters) - Comments Off
Reuters - Investors are hoping swift action on an economic stimulus plan will boost Wall Street next week after its worst January ever.
Stocks’ January drop isn’t welcome sign for 2009 (AP) - Comments Off
Steelers in Super Bowl may bring luck to investors (Reuters) - Comments Off
Reuters - Win or lose on Sunday, having Pittsburgh in the Super Bowl could be a good luck charm for the U.S. stock market, according to a light-hearted analysis done to coincide with the biggest NFL game of the year.
Merrill paying $1M fine in settlement with SEC (AP) - Comments Off
AP - Merrill Lynch on Friday agreed to pay a $1 million civil fine to settle with federal regulators who accused the company of misleading pension consulting clients and failing to disclose conflicts of interest in recommending the use of its affiliated services.
How the major market indexes fared (AP) - Comments Off
AP - Stocks slumped for a second straight day Friday as investors, already on edge about the worsening economy, were further rattled by a report that Washington’s plans to help banks may have hit a snag.
Stock’s January drop isn’t welcome sign for 2009 (AP) - Comments Off
AP - It’s been an unusually cold January on Wall Street.
Top SEC officials to testify at Madoff hearing (Reuters) - Comments Off
Reuters - Five top Securities and Exchange Commission officials are expected to testify at a Congressional hearing into why regulators missed Bernard Madoff’s alleged $50 billion fraud.
Exxon, Chevron profits top view; refining strong (Reuters) - Comments Off
Reuters - Oil giants Exxon Mobil Corp and Chevron Corp posted higher-than-expected quarterly earnings on Friday as refining profits helped offset a steep decline in crude oil prices.
TSX finishes week in broad-based decline (Reuters) - Comments Off
Reuters - Toronto’s main stock index fell more than 1 percent on Friday in broad-based weakness, as economic worries weighed on nearly all sectors.








