Markets Surge After U.S. Growth Report Source: The New York Times
The news that the United States economy had grown for the first time in a year electrified investors on Thursday, sending stocks upward after four days of sizable drops.
Ratings Agencies Face Greater ScrutinySource: www.globest.com
And any professional investor, regulator or member of Congress who says this was a surprise is either being less than truthful or more likely not informed enough to be in those positions.
RPT-US STOCKS-March exits Wall St as best month since 2002Source: Reuters
Even as the broad S&P 500 rose 8.5 percent in March for its best one-month percentage gain since October 2002, uncertainty about the struggling economy left the benchmark U.S. stock index down 11.7 percent for the quarter.
Senate Democrats to Fat Cats: No Pay For You!Source: thebigmoney.com
The papers this morning are dominated by news that an $787 billion economic stimulus bill got the final go-ahead from Congress Friday nigh, and is on its way to the White House to be signed into law.
Toyota downgraded to 'AA+'; outlook negativeSource: Reuters
Feb 6 - Standard & Poor's Ratings Services today lowered to 'AA+' from 'AAA' its long-term corporate credit ratings on Japan-based automaker Toyota Motor Corp (7203.T). (Toyota) and a number of related entities, including Toyota Financial Services Corp.
3 ways Wall Street tricks shareholdersSource: MSN
As we watch companies blow up almost weekly after running into debt problems exacerbated by today's credit crunch, it's wise to check the health of your stocks.
Good luck.
Because of the way the bean counting works, the financial wizards inside companies can routinely:
Dow Off 167 Points in Late Swoon - New York TimesSource: The New York Times
The disquiet on Wall Street showed no signs of letting up as the Dow industrials closed below 13,000 for the first time since April and the S.&P. 500 erased its gains for the year.
The 3 Forces Behind a Market CrashSource: fool.com
There were a lot of new highs reached in the market a few weeks ago -- followed by very significant declines over the past couple of weeks.
S&P Plans Shariah Versions of Indices Source: TheStreet.com
The new indices, the S&P 500 Shariah, the S&P Europe 350 Shariah and the S&P Japan 500 Shariah, have been created by screening stocks in the parent indices for companies considered unacceptable, such as those that operate in alcohol, defense or weapons, entertainment, financial s …
S&P Rates Kazakhstan Insurer 'B+'Source: Insurance Journal
"Eurasia is the largest insurance company and the leading commercial insurer in Kazakhstan, specializing in commercial and reinsurance risks in the energy, aluminum, mining, and ore-related industries, with gross premium income of Kazakhstan tenge (KZT) 11.5 billion ($88.6 millio …