European, Asian markets slide on banking worries

Overnight, Asian markets dropped and the big European markets plummeting just minutes after opening.  The drops were widely expected following a weekend where European leaders met to stem the growing, global...

Indian shares fall more than 2 pct in early trade

Indian stock markets have opened on monday sharply lower following weak global cues. Selling pressure is seen in metal, realty, telecom, power, capital goods, oil & gas and banking stocks. Nifty is trading at lowest level since March 20, 2007."Indian shares fell more than...

False web report plays havoc with Apple stock

" A false Internet report that Apple Inc's Steve Jobs had suffered a heart attack briefly slammed his company's stock on Friday and raised fresh questions about the delicate relationship between traditional and new...

401k plans at risk as Wall Street struggles

If you think that the financial crisis can't hit any harder, think again.  While politicians debate on just how to bailout the financial sector, average Americans are watching their retirement savings turn to...

HBOS Shares Rally Well as Backers Express Confidence in Lloyds TSB Merger

HBOS shares have rallied for the second day running as investors express their confidence in the Loyds TSB merger deal, with the backing of Prime Minister Gordon Brown.  After dropping by 20% on Tuesday the share price has gained 21% yesterday and another 10%...

Markets Bounce Back as Bailout Rescue Nears

Markets in North America and certain parts of Europe and Asia rebounded yesterday, a day after stocks and prices dropped heavily when the US house failed to pass their $700 billion bailout bill. The Toronto stock...

Indian stock market up on global cues

Indian stock market took a cue from the fresh attempts by Republicans to bail out US financial market. Markets The proposal will be an alternative to that proposed by US Treasury Secretary...

Buy Tiger, sell Dolphins on new sports stock market

" Michael Sroka dreamed up a day-trading website for sports fans while still in high school, and the concept will finally come to fruition with the launch of OneSeason.com. The website, scheduled to debut on Wednesday, offers U.S. fans the chance to buy shares in such...

Google's stock plummets to $249 due to 'erroneous orders'

"Google's stock dropped to $249 towards the end of trading on Tuesday due to "erroneous orders."(Credit: Yahoo Finance)""As if this week wasn't already stressful enough on Wall Street, at the end of Tuesday trading,...

A DAY AFTER THE KILLER BLOW....

  Dowjones has done there job by trippleseven(777),Nasdaq(199) colour of index was red red and only red..... Situation should have handled well lowmakers senate and white house created optimism and then what happend it i known to every body. Who lost money lawmakers!...

5 Must-Knows About Your 401(k)

" With the nation's financial markets in turmoil, many are wondering what it means for their retirement funds. In a piece of good news, the Treasury Department announced Monday that it will guarantee the money...

Dow slumps 7% on Black Monday, gold, dollar up « Peter J. Cooper’s Weblog

" But on Black Monday only one section of the stock market showed positive results: precious metal shares which had a leveraged gain on the gold price. In the choppy waters of financial markets this week there may be a chance for late-comers to the precious metals ball to...

Stocks Fall in Asia after US Bailout Failure

Japan's Nikkei stock index fell almost 5% today in early trading, just hours after the US House of Representatives voted down the $700 billion Wall Street bailout plan and the DJI fell a record-breaking 777 points."It came after a day of turmoil in the US and Europe, with...

Citigroup to buy Wachovia banking operations

"Citigroup to buy Wachovia banking operations"" NEW YORK - In the latest byproduct of the widening global financial crisis, Citigroup Inc. will acquire the banking...

Poll on the economy: Americans gloomier, for now

"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...

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