Stock Markets
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Asian shares rise as Europe worries ease
(AP)
Thu, 09 Sep 2010 02:52:20 GMT
AP - Asian stock markets advanced in early trading Thursday after worries about Europe's financial health eased, sending Wall Street higher.
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SEC defends $75 million deal with Citigroup
(AP)
Thu, 09 Sep 2010 02:50:50 GMT AP - The government is defending as "fair and adequate" its $75 million settlement with Citigroup Inc. over charges it misled investors about billions in potential losses from subprime mortgages.
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Flash crash cause still a mystery
(Investor's Business Daily)
Wed, 08 Sep 2010 22:47:00 GMT Investor's Business Daily - The SEC, which is probing the stock market "flash crash" on May 6, still hasn't identified a single cause, but a trade practice known as "stub quotes" and other issues contributed to the market's dramatic drop, sources said. Stub quotes are orders placed by market makers that are well off the market prices for stocks. The SEC wants to ban stub quotes.
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SEC says proposed Citi settlement is fair
(Reuters)
Wed, 08 Sep 2010 22:21:49 GMT Reuters - The top securities regulator defended its proposed $75 million settlement with Citigroup , saying the penalty reasonably accounts for the seriousness of the bank's alleged misconduct, according to a document filed in court on Wednesday.
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Summary Box: Stocks rebound as Europe worries ease
(AP)
Wed, 08 Sep 2010 22:18:32 GMT AP - BACK ON TRACK: The Dow Jones industrial average and other market indicators rose Wednesday as concerns about Europe's financial system eased thanks to a successful sale of debt by Portugal. The Dow rose five out of the last six days.
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How the major stock indexes fared Wednesday
(AP)
Wed, 08 Sep 2010 22:05:38 GMT AP - Stocks resumed their rally Wednesday after a successful auction of Portuguese government debt eased worries about Europe's financial system. Major indexes pulled back from their highs in the afternoon after the Federal Reserve said more regions of the country saw slower growth late in the summer.
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Stocks resume rally as European debt worries ease
(AP)
Wed, 08 Sep 2010 21:57:38 GMT
AP - Stocks resumed their rally Wednesday after a successful auction of Portuguese government debt eased worries about Europe's financial system.
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Wall Street climbs in low-volume session
(Reuters)
Wed, 08 Sep 2010 21:48:28 GMT
Reuters - Stocks rose on Wednesday as investors latched onto positive news out of Europe in the latest in a string of low-volume sessions suggesting little confidence in market direction.
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Flash crash report: plunge still a mystery: sources
(Reuters)
Wed, 08 Sep 2010 19:09:09 GMT
Reuters - Regulators probing the stock market "flash crash" last May still have not uncovered a single cause but will point to "stub quotes" and other previously identified issues as having exacerbated the market's dramatic drop, according to two sources familiar with the probe.
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Kuwait appoints first stock market regulator
(AFP)
Wed, 08 Sep 2010 17:56:59 GMT
AFP - Kuwait has appointed its first independent regulatory body, the Capital Market Authority, to oversee its stock exchange, Commerce Minister Ahmad al-Harun said on Wednesday.
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FTSE 100 closes higher
(AFP)
Wed, 08 Sep 2010 16:24:50 GMT
AFP - London shares closed higher on Wednesday after a boost from a successful Portuguese debt auction, although many financial stocks remained weak.
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Wall Street up as fears for European economy ease
(AFP)
Wed, 08 Sep 2010 14:24:11 GMT
AFP - US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy.
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World stocks drop as investors seek safety
(AFP)
Wed, 08 Sep 2010 12:26:47 GMT
AFP - World stock markets fell on Wednesday as investors sought safety amid fresh worries about the fragile economic recovery, helping propel the yen to a 15-year high against the dollar, analysts said.
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Europe bank fears hit shares
(Reuters)
Wed, 08 Sep 2010 07:48:41 GMT
Reuters - Asian stocks fell on Wednesday, led by shares in Japan's big exporters as a rise in the yen to a new 15-year high threatened to erode their overseas earnings.
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A look at economic developments around the globe
(AP)
Tue, 07 Sep 2010 20:59:58 GMT AP - A look at economic developments and activity in major stock markets around the world Tuesday:
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NYSE Euronext in joint venture on carbon trading
(AP)
Tue, 07 Sep 2010 18:21:27 GMT AP - NYSE Euronext said Tuesday it plans to combine its European carbon trading unit with a U.S. firm to expand its environmental energy business.
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SEC probes "quote stuffing" practices: Schapiro
(Reuters)
Tue, 07 Sep 2010 18:13:10 GMT Reuters - U.S. regulators are probing certain practices around "quote stuffing," where large numbers of rapid-fire stock orders are placed and canceled almost immediately, Securities and Exchange Commission Chairman Mary Schapiro said on Tuesday.
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Small investors quitting Wall Street: SEC boss
(AFP)
Tue, 07 Sep 2010 17:06:32 GMT
AFP - The head of the US stock market watchdog said on Tuesday that individual investors have been turning away from equities since a May crash that exposed weaknesses in Wall Street's trading structure.
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NYSE August US equity trading volume up 30 percent
(AP)
Tue, 07 Sep 2010 15:07:22 GMT AP - NYSE Euronext said Tuesday the trading volume for equity and derivative produces rose significantly in August, pushed up by a spike in U.S. equity trading.
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European stocks fall, miners down on Australia vote
(AFP)
Tue, 07 Sep 2010 10:32:52 GMT
AFP - Europe's main stock markets slid on Tuesday after a run of gains, with miners hit by the electoral result in Australia ahead of Wall Street's reopening after a US public holiday, traders said.
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