How to avoid investing your nest egg with a crook

Posted by Financial Market News on January 31st, 2009

Even if your portfolio is way down, you might be patting yourself on the back: At least you didn't invest with Bernard Madoff.

Beaverton company included in peanut recall

Posted by Financial Service News on January 31st, 2009

WASHINGTON - Federal health officials opened a criminal investigation today into the Georgia peanut-processing plant at the center of the national salmonella outbreak.

GDP sees biggest drop in 27 years

Posted by Financial Market News on January 31st, 2009

The economy shrank at its fastest pace in nearly 27 years in the fourth quarter, government data showed on Friday, sinking deeper into a recession that the White House said demanded urgent action.

FDIC orders Greeley-based bank to stop ‘unsound’ practices

Posted by Financial Service News on January 31st, 2009

The Federal Deposit Insurance Corp. has ordered Greeley-based New Frontier Bank to stop 'unsound banking practices and violations of laws and regulations.' The FDIC issued the cease-and-desist order in early ...

Consumers’ mood improves slightly in January

Posted by Financial Market News on January 31st, 2009

Consumer confidence rose to a four-month high in January, helped by optimism that President Barack Obama's new administration might bring relief from a year-long recession, a survey showed on Friday.

Merrill Lynch paying US$1-million fine in settlement with U.S. regulator

Posted by Financial Service News on January 31st, 2009

Merrill Lynch on Friday agreed to pay a US$1-million civil fine to settle with U.S. regulators who accused the company of misleading pension consulting clients and failing to disclose conflicts of interest in ...

Zacks Analyst Blog Highlights: Pozen Inc., The Boeing Company, HCP,…

Posted by Financial Market News on January 31st, 2009

Zacks Analyst Blog Highlights: Pozen Inc., The Boeing Company, HCP, Inc., Lindsay Corporation and Peabody Energy.

Obama getting tough on ‘Wall Street idiots’

Posted by Financial Service News on January 31st, 2009

WASHINGTON: A day after President Barack Obama bashed bailed-out banks for giving huge bonuses, the White House pledged action against such "irresponsible" behaviour and a Democratic senator proposed capping ...

Worst January on record for U.S. stocks

Posted by Financial Market News on January 31st, 2009

The Dow Jones industrial averages and Standard and Poor's 500 have completed their worst January on record.

Market Outlook: Looking for an S&P Rally

Posted by Financial Service News on January 31st, 2009

Analysis and Discussion with Thomas McManus of Wachovia Securities: 2009 S&P Target is 1015, Hoping Economy Will Turn Around in 3Q


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