Bullish Blog

Reuters - Getco LLC, an electronic market maker and high-frequency trading specialist, on Wednesday said it agreed to buy Bank of America Corp’s floor-trading operations at the New York Stock Exchange, significantly expanding its market-making operations.

AP - Coach Inc. shares have started their first day of trading in Hong Kong as the U.S. luxury handbag maker completes its dual listing in the southern China financial center to raise its Asian brand profile.

AP - A rally that drove major stock indexes up 7 percent this week stalled Thursday. Stock indexes ended slightly lower, a day after the market posted its biggest gain in two and a half years.

AP - The 490-point jump in the Dow Jones industrial average on Wednesday was the seventh-largest one-day point gain on record. Here are the others:

AP - A move by the world’s central banks to lower the cost of borrowing exhilarated investors Wednesday, sending the Dow Jones industrial average soaring 490 points and easing fears of a global credit crisis similar to the one that followed the 2008 collapse of Lehman Brothers. It was the Dow’s biggest gain since March 2009.

Reuters - TMX Group said on Wednesday that trading has resumed in all shares on the Toronto Stock Exchange after an unexplained glitch froze trading of companies whose symbols started with the letters M to Z.

Reuters - Canadian stocks jumped more than 4 percent on Wednesday in their biggest single-day gain in more than two years, pushed up by an agreement by global central banks to tackle the euro-zone debt crisis and by a move by China to ease credit.

AP - The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic, swept in Wednesday to shore up the world financial system by making it easier for banks to borrow American dollars.

AP - A move by the world’s central banks to lower the cost of borrowing exhilarated investors Wednesday, sending the Dow Jones industrial average soaring 490 points and easing fears of a global credit crisis similar to the one that followed the 2008 collapse of Lehman Brothers.

Reuters - A Chinese tourism company listed in the United States wants investors to pour their money down a dark hole. Literally.