Posted by Financial Service News on March 28th, 2009
Clinton didn't name Venezuela, Ecuador and Bolivia, whose presidents have all demonized Washington and expelled U.S. diplomats in recent months, referring to them rather as "Colombia's neighbors." He said he doesn't agree with their politics but "I do understand why poor people who feel powerless turn away from the messy world of democracy." "It ...
Posted by Financial Market News on March 28th, 2009
European stock exchanges all closed in the red Friday, bringing to an end a six-day rally.
Posted by Financial Service News on March 28th, 2009
Stocks slid on Friday as investors booked profits in the wake of a recent surge, and bank shares dropped after several bank executives indicated March had been a tougher month than the previous two.
Posted by Financial Market News on March 28th, 2009
Stocks are set to run into some turbulence next week as investors pause to gauge if profit expectations and economic prospects will justify the market's further advance from the 12-year lows touched earlier this month.
Posted by Financial Service News on March 28th, 2009
Regulators in St. Vincent and the Grenadines have taken control of an island bank that U.S. authorities linked to an alleged $68 million Ponzi scheme, the prime minister said Friday.
Posted by Financial Market News on March 28th, 2009
Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Tyson Foods Inc.
Posted by Financial Service News on March 28th, 2009
Bernard Madoff's company which handled more than $50 billion of private invetsors funds, has been sold for $500,000. The trustee of Bernard L. Madoff Investment Securities LLC closed the deal this week.
Posted by Financial Market News on March 28th, 2009
With the Dow Jones industrial average rising about 20 percent over the past few weeks, a down Friday notwithstanding, the question on many lips is whether the stock market has hit bottom and, if so, when might the broader economy follow? Stock prices often reflect expectations of how the economy will fare six months or so into the future.
Posted by Financial Service News on March 28th, 2009
NEW YORK Goldman Sachs Group Inc. CEO Lloyd Blankfein received compensation valued at $42.9 million during fiscal 2008, virtually all of it coming from stock and options awarded for his previous year's performance, according to an Associated Press calculation of figures disclosed in a regulatory filing Friday.
Posted by Financial Market News on March 28th, 2009
NEW YORK : The dollar was on track to take back a chunk of the past couple weeks' losses against the European currencies Friday morning as turmoil abroad bucked up the world's still-leading reserve currency.
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