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Stocks News provided by Yahoo!

  • Stocks open lower after disappointing job data (AP)
    Fri, 05 Sep 2008 13:34:56 GMT

    Traders work on the floor of the New York Stock Exchange, June 24, 2008. (Brendan McDermid/Reuters)AP - Stocks are moderately lower in early trading after the government disappointed investors with news that the economy shed jobs for the eighth straight month in August and at a faster-than-expected pace.




  • World markets sink after Wall Street plunge (AP)
    Fri, 05 Sep 2008 13:20:13 GMT

    Pedestrians are reflected on an electronic stock indicator in Tokyo on Friday, Sept. 5, 2008. The benchmark Nikkei 225 index lost 319.05 to close the morning session at 12,238.61. At one point, the Nikkei index lost 371.19. (AP Photo/Koji Sasahara)AP - World stock markets fell sharply Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth.




  • Wall St set to slide at open on jobs data (Reuters)
    Fri, 05 Sep 2008 13:17:00 GMT

    Traders work on the floor of the New York Stock Exchange, June 24, 2008. (Brendan McDermid/Reuters)Reuters - Stocks headed for a lower open on Friday after a government report showed the U.S. labor market deteriorated further in August, pushing the unemployment rate to its highest in more than 4-1/2 years.




  • FTSE slides on economy fears (AFP)
    Fri, 05 Sep 2008 11:26:11 GMT

    People walk past the London Stock Exchange. London shares were falling on a weak outlook for the global economy following further disappointing US and European data.(AFP/File/Shaun Curry)AFP - London shares were falling Friday on a weak outlook for the global economy following further disappointing US and European data.




  • Global shares slide on economy fears (AFP)
    Fri, 05 Sep 2008 11:26:01 GMT

    Traders at a local brokerage in Hong Kong, June 2008. Asian stock markets tumbled after weak US retail and jobs figures revived fears about the health of the world's largest economy.(AFP/File/Mike Clarke)AFP - World stock markets tumbled Friday on a weak outlook for the global economy following further disappointing US and European data, dealers said.






  • US stocks fall on poor retail sales figures (FT.com)
    Thu, 04 Sep 2008 20:45:20 GMT
    FT.com - A battered financial sector led Wall Street into bear market territory on Thursday, as Bill Gross, manager of the bond fund Pimco, warned that a "financial tsunami" could ensue if the government failed to support markets.

  • Wall Street, funds urge SEC to keep ratings in rules (Reuters)
    Thu, 04 Sep 2008 19:24:43 GMT
    Reuters - Securities regulators are locking horns with some of America's most powerful mutual funds and Wall Street players over plans to scrap requirements that money market funds hold investment-grade securities.

  • ECB holds interest rates, slashes growth forecasts (AFP)
    Thu, 04 Sep 2008 17:05:37 GMT

    Euro symbol in front of Frankfurt's Eurotower, which houses the European Central Bank (ECB). The European Central Bank kept its key lending rate unchanged on Thursday and slashed its growth forecasts for this year and next, sending stock markets and the euro into tailspins.(AFP/File/John Macdougall)AFP - The European Central Bank kept its key lending rate unchanged on Thursday and slashed its growth forecasts for this year and next, sending stock markets and the euro into tailspins.




  • European shares mostly lower before interest rate calls (AFP)
    Thu, 04 Sep 2008 10:41:02 GMT

    A trader watches France's CAC 40 index of top shares at a private banking company in Paris, January 2008. Share prices fell sharply in Frankfurt and Paris ahead of European Central Bank president Jean-Claude Trichet's press conference due after the central bank's latest call on interest rates.(AFP/File/Jean Ayissi)AFP - Share prices fell sharply in Frankfurt and Paris on Thursday ahead of European Central Bank president Jean-Claude Trichet's press conference due after the central bank's latest call on interest rates.




  • Hong Kong considers ban on fishing trawlers: report (AFP)
    Thu, 04 Sep 2008 08:10:29 GMT

    Hong Kong is considering banning fishing trawlers in its waters to save fish stocks, a report said Thursday. The drastic proposal comes as annual catches were estimated to be 30 percent above sustainable levels, the South China Morning Post said, citing a consultation paper from the Food and Health bureau.(AFP/File/Richard A. Brooks)AFP - Hong Kong is considering banning fishing trawlers in its waters to save fish stocks, a report said Thursday. The drastic proposal comes as annual catches were estimated to be 30 percent above sustainable levels, the South China Morning Post said, citing a consultation paper from the Food and Health bureau.




  • German fertiliser group KS joins blue-chip DAX index (AFP)
    Thu, 04 Sep 2008 07:31:33 GMT

    German fertiliser group K+S will join the DAX 30 index of blue-chip stocks, reflecting its growing business as prices for commodities and foods rise globally. Frankfurt stock market operator Deutsche Boerse said late Wednesday that K+S, originally known as Kalie und Salz (Potassium and Salt), will replace the transport and tourism group TUI.(DDP/AFP/File/Martin Oeser)AFP - German fertiliser group K+S will join the DAX 30 index of blue-chip stocks, reflecting its growing business as prices for commodities and foods rise globally.




  • 2 Wall St. brokers accused of $1B subprime fraud (AP)
    Wed, 03 Sep 2008 21:36:16 GMT

    Credit Suisse said Tuesday it has bought an 80 percent stake in New York-based asset manager AMF for 384 million Swiss francs (237 million euros, 348 million dollars) in new stock.(Credit Suisse)AP - A former Wall Street broker pleaded not guilty Wednesday to charges he and a colleague duped investors into purchasing more than $1 billion in high-risk securities by making it look as though the trades were protected by the federal government.




  • Kerkorian firm settles GM securities probe with SEC (Reuters)
    Wed, 03 Sep 2008 21:03:21 GMT

    American flags flutter in the wind in front of the General Motors Corp. headquarters in downtown Detroit, Michigan November 7, 2007. (Rebecca Cook/Reuters)Reuters - Billionaire Kirk Kerkorian's Tracinda investment firm settled a regulator's allegations that it was misleading about its plan to cut its stake in General Motors Corp , the U.S. Securities and Exchange Commission said on Wednesday.




  • Toronto stocks dive in resource-driven retreat (Reuters)
    Wed, 03 Sep 2008 15:50:22 GMT

    A Toronto Stock Exchange (TSX) logo is seen in Toronto in this November 9, 2007 file photo. REUTERS/Mark BlinchReuters - The Toronto Stock Exchange sold off sharply for a second day in a row on Wednesday, giving up more than 2 percent by late morning in a broad decline led by resource shares, which followed commodities lower.




  • Chinese Stocks Are World's Worst In 2008 (Investor's Business Daily)
    Tue, 02 Sep 2008 23:04:07 GMT

    Investors chat at a private security company Friday Aug. 29, 2008 in Shanghai, China. Chinese stocks rose Friday on bargaining hunting after a week-long slump, led by financials and real estates, but ended the month down nearly 14 percent. The benchmark Shanghai Composite Index added 2.01 percent to close at 2397.37 on the final trading day in August, compared with 2,775.72 for July's last session. (AP Photo)Investor's Business Daily - China won the most gold at the Olympics, but the country's stock market is in dead last.




  • Hedge fund Atticus loses more than $5 billion: source (Reuters)
    Mon, 01 Sep 2008 10:28:53 GMT
    Reuters - U.S. activist hedge fund Atticus Capital has lost more than $5 billion this year, a source familiar with the matter told Reuters, after its funds were hit by heavy falls in financial stocks.

  • Wall Street enters month of peril with outlook clouded (AFP)
    Sat, 30 Aug 2008 16:02:13 GMT

    Traders work on the floor of the New York Stock Exchange on August 25, 2008 in New York City. Wall Street returns from vacation season to enter what is historically the most perilous period of the year amid conflicting signals about the US economic outlook.(AFP/Getty Images/File/Mario Tama)AFP - Wall Street returns from vacation season to enter what is historically the most perilous period of the year amid conflicting signals about the US economic outlook.




  • Stocks end lower on personal income data (AP)
    Fri, 29 Aug 2008 21:22:13 GMT
    AP - Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial average more than 170 points, while a disappointing profit report from computer maker Dell Inc. weighed on the technology-heavy Nasdaq composite index.

  • P&G SEC filing confirms antitrust probes (AP)
    Fri, 29 Aug 2008 01:25:21 GMT
    AP - Authorities in the United Kingdom are investigating potential antitrust violations involving an unnamed Procter & Gamble Co. subsidiary, the consumer products company said Thursday in a Securities and Exchange Commission filing.

  • Colorado Springs man settles SEC fraud case (AP)
    Fri, 29 Aug 2008 00:04:33 GMT
    AP - A Colorado Springs man and his two oil and gas companies have agreed to pay $510,000 to settle civil fraud allegations, the Securities and Exchange Commission said Thursday.
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