Dow surges to record high (Reuters) - October 2, 2007 10:00

Reuters – Stocks surged on Monday, sending the Dow to a record close on the first day of the fourth quarter, as investors bet that Wall Street may have seen the worst of the credit squeeze after three global banks detailed expected losses from the crisis. Read More…

Gold Declines in Asia on Dollar’s Rebound Against Euro, Drop in Oil Prices - October 2, 2007 10:00

Gold Declines in Asia on Dollar’s Rebound Against Euro, Drop in Oil Prices Gold Declines in Asia on Dollar’s Rebound, Drop in Oil Prices By Feiwen Rong Oct. 2 (Bloomberg) — Gold fell for the first time in four days as the dollar’s rebound from a record low against the euro and a decline in […]

Calls grow for ECB intervention to stem rise of euro - October 2, 2007 8:00

Calls grow for ECB intervention to stem rise of euroAs the single currency hits fresh highs, politicians are voicing their concerns, writes Peter Garnham Source: www.ft.com

Global stocks hit record, eye end to credit woes - October 2, 2007 8:00

SINGAPORE (Reuters) – Global stocks hit a record high on Tuesday, lifted by financial companies after subprime losses detailed by big banks, including Citigroup Inc, raised hopes that the worst of the credit squeeze may be over. Read More… NEW YORK (Reuters) – Union negotiators for workers at Chrysler LLC have signaled reluctance to tacitly […]

Global stocks hit record, eye end to credit woes (Reuters) - October 2, 2007 8:00

Reuters – Global stocks hit a record high on Tuesday, lifted by financial companies after subprime losses detailed by big banks, including Citigroup Inc, raised hopes that the worst of the credit squeeze may be over. Read More…

Australian Stock Market Advances, Led By Banks; Resource Stocks Gain On Higher Commodity Prices - October 2, 2007 8:00

Australian Stock Market Advances, Led By Banks; Resource Stocks Gain On Higher Commodity Prices – 1.86 GSI Group $77 – $82 Mln $82.0 – $84.0 Mln Hershey Chairman, CEO Lenny Plans To Retire At Year-end Palm Swings To A Loss In Q1, Profit Declines On Adj. Basis, Revenue Up 1.4%; Sees Q2 Non-GAAP EPS & […]

Citi warning set to weigh on Wall Street - October 1, 2007 14:00

Citi warning set to weigh on Wall Street US stocks were set for a lacklustre start to the fourth quarter on Monday, after Citigroup issued an earnings warning over its exposure to subprime mortgage and leveraged loan debt.Source: www.ft.com

Nikkei up 0.4 pct after BOJ tankan shows optimism - October 1, 2007 14:00

Nikkei up 0.4 pct after BOJ tankan shows optimism TOKYO (Reuters) – Japan’s Nikkei rose 0.4 percent on Monday as investors bought Fanuc Ltd and other large-cap shares after the Bank of Japan’s tankan survey showed manufacturers remained optimistic despite turmoil in global credit markets. Source: feeds.reuters.com

Futures flat after Citigroup warns (Reuters) - October 1, 2007 14:00

Futures flat after Citigroup warns (Reuters) Reuters – Stock futures were little changed on Monday, erasing early gains on news Citigroup Inc expects to report a 60 percent drop in third-quarter profit. Source: news.yahoo.com