Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
SEC puts new curbs on short-selling (AP) »
on Wednesday imposed new curbs on the practice of short-selling, hoping to prevent spiraling sales sprees in a stock that can stoke market turmoil.
, divided along party lines, voted 3-2 at a public meeting to adopt a new rule. Investors and lawmakers have clamored for the agency to put such brakes on trading moves [...]
If GBPUSD is going to squeeze higher 1.5179 needs to give way above. »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
U.S. approves PepsiCo bottler buy, with conditions »
U.S. approves PepsiCo bottler buy, with conditions
PEP.N
) has won U.S. antitrust approval to buy two of its largest bottlers on condition that it take steps to safeguard a rival’s business information, the Federal Trade Commission said on Friday.
Under an agreement with the FTC, PepsiCo will set up a firewall to ensure that [...]
Stocks edge higher after mixed economic news (AP) »
NEW YORK – The stock market eked out a gain Friday as investors took downbeat economic news in stride.
and the Standard & Poor’s 500 index logged their best month since November.
The latest bad news came from several corners including the financial industry.
. reported a larger than expected fourth-quarter loss. The company said [...]
EURUSD squeezes higher. »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
AIG posts $8.9 billion loss on loan repay, reserves »
AIG posts $8.9 billion loss on loan repay, reserves
AIG.N
) reported a quarterly loss of $8.9 billion, hurt by loss reserves and efforts to repay the U.S. government, as it struggles to find its feet more than a year after its $182.3 billion rescue.
AIG’s general insurance unit, Chartis, and domestic life insurance and [...]
Greece downgrade fears hurt euro, stocks (Reuters) »
LONDON (Reuters) –
World stocks, the euro and commodities fell on Thursday on concerns over a potential downgrade of Greece's debt, while borrowing costs for peripheral euro zone countries rose.
firmed.
's BBB-plus rating by one or two notches within a month, citing downside risks to growth that could hinder the country's deficit-cutting plan.
said Greece [...]
Risk Appetite Takes a Hit- Greek Crisis Continues »
Thu, Feb 25 2010, 23:15 GMT
2/25/2010 7:30 am: EUR/$..1.3483 $/JPY..89.44 GBP/$..1.5298 $/CHF..1.0852 AUD/$..0.8882 $/CAD..1.0583
Asian markets were generally down today on risk aversion as the Greek sovereign debt crisis once again takes center stage. Risk appetite was subdued after both Moody’s and S&P’s stated that they may downgrade Greece’s credit rating, rekindling [...]
Sen Dodd’s bank super-cop may be doomed: source »
A bold proposal by Senate Banking Committee Chairman Christopher Dodd to set up a single supervisor for U.S. banks looks doomed, said a source familiar with Senate committee discussions on Friday.
The Financial Institutions Regulatory Administration, which Dodd proposed in November, likely will not be included in revised legislation expected to be released next week [...]
US Morning Briefing »
Fri, Feb 26 2010, 12:22 GMT
JGBs were steady, with the yield curve flattening, as index-following investors extended durations of their bond portfolios for the end of the month. However, prices dipped into negative territory as the Nikkei maintained positive gains. JGBs were trading at 139.86 (-0.07) at 0613 GMT. Nikkei rose [...]