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Uncategorized - September 14, 2007 12:00
U.S. stocks rally on signs of more plentiful financing
NEW YORK: U.S. stocks rallied Thursday after Countrywide Financial secured new credit lines and investors speculated that financing for businesses and takeovers was becoming more plentiful. Shares of financial companies contributed the most to the rally, Read More…
Canadian gas prices should fall despite higher crude oil, analysts say
Vote to see results Read More…
Mortgage banks pull FTSE 100 under
Mortgage banks pull FTSE 100 underNorthern Rock led FTSE 100 decliners after issuing a severe profits warning and confirming it had used an emergency credit facility from the Bank of England.Source: www.ft.com
AWB says U.S. class action filed against it
SYDNEY (Reuters) – AWB Ltd , Australia’s main wheat exporter, said on Friday a new class action had been filed against it and its United States subsidiary AWB (USA) Ltd in a U.S. district court by lawyers acting for Iraqi citizens. Read More… TOKYO (Reuters) – Toyota Motor Corp , the world’s biggest auto maker, […]
U.S. stocks rally on signs of more plentiful financing
U.S. stocks rally on signs of more plentiful financing NEW YORK: U.S. stocks rallied Thursday after Countrywide Financial secured new credit lines and investors speculated that financing for businesses and takeovers was becoming more plentiful. Shares of financial companies contributed the most to the rally, Source: c.moreover.com
Canadian gas prices should fall despite higher crude oil, analysts say (Gasoline-Prices)
MONTREAL (CP) _ Canadian motorists need not rush to the pumps for a quick fill-up out of fear that gasoline prices will be pushed sky high by the recent rise of world oil prices to around US$80 a barrel, analysts say. Factors other than the price of Read More…
War, Psychology and Time
There are moments in history when everything comes together. Today is the sixth anniversary of the al Qaeda attack against the United States. This is the week Gen. David Petraeus is reporting to Congress on the status of the war in Iraq.
Coca-Cola CEO says may stay on after turning 65
Coca-Cola CEO says may stay on after turning 65 ZURICH (Reuters) – Coca-Cola’s CEO Neville Isdell indicated he would stay on at the helm of the global drinks group after he turns 65 next year, the Financial Times reported on Friday. Source: feeds.reuters.com
US stocks rise overnight
US stocks rise overnight US stocks rose after a broker upgraded investment banks, McDonald’s Corp boosted its dividend by 50 per cent, and biggest lender Countrywide Financial Corp said it had obtained $12 billion of additional financing. The Dow Jones industrial average rose Source: c.moreover.com
OPEC decides to increase crude oil production
VIENNA, Sept. 11 (Xinhua) — OPEC decided in a surprise move to increase its daily oil output by 500,000 barrels in efforts to stabilize the jittery market on Tuesday. The increase will be executed starting from Nov. 2, said the 12-nation Organization of Read More…
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