Hostingstuff.com | Hosting Stuff: Stock Markets News

Extremely cheap hosting starting at $7.95 a month

Save $20 off with the promo code: "20BUCKSOFF"

Asia stocks fall as data takes shine off earnings (AP)

AP - Asian markets fell Friday, overlooking strong earnings from some of the region's biggest companies as Japanese shares tumbled on dour economic figures and a strong yen.

SEC accuses Dallas investors of insider trading (AP)

AP - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday.
more

Citigroup to pay $75 million to settle SEC charges (Reuters)

Reuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.

Citigroup paying $75M to settle civil charges (AP)

AP - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
more

SEC charges Wyly brothers with $550 million fraud (Reuters)

Reuters - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.
more

Stocks fall amid uncertainty over the economy (AP)

AP - Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals.

How the major stock indexes fared on Thursday (AP)

AP - Stocks ended a choppy day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals. Investors are torn between upbeat earnings news from companies and reports that point to an uncertain recovery. Traders were also uneasy ahead of the first reading on U.S. gross domestic product for the April-June quarter, to be released Friday.
more

Wall St falls on tech outlook worries (Reuters)

Reuters - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.

A look at global economic developments (AP)

AP - A look at economic developments and activity in major stock markets around the world Thursday:
more

FTSE shares slip despite strong company results (AFP)

AFP - Leading shares in London slipped lower on Thursday, giving up early gains as Wall Street reversed direction despite a series of strong company results and economic data, dealers said.

Cisco briefly halted after circuit breaker (Reuters)

Reuters - Trading in Cisco Systems Inc shares was briefly halted on Thursday after triggering a circuit breaker.
more

CA-CANADA Summary (Reuters)

Reuters - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday.
more

European shares rise on strong earnings (AFP)

AFP - Europe's leading stock markets advanced on Thursday, shaking off falls in Tokyo, as dealers reacted to a barrage of earnings from blue-chip companies, including strong numbers from telecoms.

FTSE 100 edges up in early deals (AFP)

AFP - London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.

RIM shares up on reports of new BlackBerry (AFP)

AFP - Shares in Canada's Research in Motion surged Wednesday on reports the BlackBerry maker plans to release a new smartphone next week to rival Apple's iPhone.

Stocks fall after Fed report on regional economy (AP)

AP - THE FED CONFIRMS INVESTORS' VIEW: The Federal Reserve's "beige book," its report on the economy region by region, showed that the recovery is slowing in some parts of the country. That confirmed how investors see the economy, and that sent stocks falling.
more

Soros to buy 4 pct stake in Bombay bourse: report (AFP)

AFP - Billionaire investor George Soros is close to sealing a 40-million-dollar deal to buy Dubai Holding's 4.0 percent stake in the Bombay Stock Exchange (BSE), the Financial Times reported Wednesday.

BP says SEC, Justice looking at securities matters (AP)

AP - BP says the Securities and Exchange Commission and the Justice Department are conducting informal inquiries into securities matters arising from the Gulf oil spill.
more

NYSE busts trades after botched Bancorp share swap (Reuters)

Reuters - A botched share swap last month in which 10 times more US Bancorp shares were issued than planned, angering and confusing investors, led the NYSE on Tuesday to cancel three days of trades in the stock.
more

SEC to take public comment before adopting rules (AP)

AP - The head of the Securities and Exchange Commission said Tuesday that the agency will seek input from businesses and the public before proposing new rules to oversee Wall Street and financial companies.
more