Maktoob Drop in Stock Market Sends Traders to the Safety of the US DollarInternational Business Times,NY- 42 minutes agoJames A. Hyerczyk is a registered Commodity Trading Advisor with the National Futures Association. He has been actively involved in the futures markets …Dollar Rises on Speculation Investors Buying Safest US Assets BloombergCAD: BoC Carney Signals Further Rate Cuts Glob...
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Drop in Stock Market Sends Traders to the Safety of the US Dollar - International Business Times
Wed, Nov 19, 6:34 PM ET
The news of the day was hardly positive, what with poor housing figures, more worries about the automakers, and concern in credit markets, but the late-day implosion probably sparked more than a few corner-office types storming onto the trading floor and shouting to nobody in particular, “What the hell just happened?” The collapse of major financial stocks — Citigroup finishe...
The FOMC Minutes from the late October 2008 meeting are out, and as you can imagine it is far more somber than any minutes in recent years. The worse thing is that the projections look pretty bad, and we do not even think they are being objective enough. If you don't think this is a recession or a depression just read through the full minutes. You will see a recession and you might get depress...
Steve Ballmer is presenting data today at the Microsoft (NASDAQ: MSFT) annual shareholder meeting. Ballmer has said that he essentially wants no part of a Yahoo! (NASDAQ: YHOO) merger. It said that those acquisition talks with Yahoo! have finished and that Microsoft has moved on. We have also gotten some other data out of the Microsoft shareholder meeting which tied in directly to this current...
There is no doubt that reforms in the financials sector are necessary going forward following this financial crisis. Stricter regulation of financial products and more transparency in the markets probably could have helped to prevent some of the problems that have recently rocked the markets, including the fall of Bear Stearns and Lehman Brothers and the turmoil surrounding American Internation...
HP Beats 4Q Forecasts; Carrefour Milks New CEO From Nestle; InBev Officially Closes Anheuser Buy; Home Depot Beats 3Q Estimate; Gulf Bank Loses $1.4 Billion; Mexican Tycoon Interested in Circuit City; Wholesale Prices Plummet Hewlett-Packard Co. (HPQ), the world’s largest maker of personal computers, offered a preview of its fiscal fourth-quarter profits – reporting that it will bea...
PORTLAND, Ore. (AP) -- Warehouse club operator BJ's Wholesale Club Inc. said Wednesday that its fiscal third-quarter profit rose 24 percent, helped by shoppers hunting for bargains on food, gasoline and other staples....
In a troubled market, the defensive consumer staples sector has outperformed all others. That's boosted Fidelity Select Consumer Staples Portfolio...
MGM Mirage officially pulls out the big chair for Jim Murren, tapping him to replace retiring Chairman and Chief Executive Terry Lanni.
The Dutch insurer is exploring ways to snag $1B in U.S. government support.