Author Archive
Uncategorized - December 7, 2007 11:00
Olivant makes Northern Rock offer as Flowers quits
LONDON (Reuters) – An investment group led by veteran troubleshooter Luqman Arnold made a long-awaited rescue proposal for Northern Rock on Friday, as another suitor, U.S. buyout firm JC Flowers, pulled out of the bidding. Read More…
Dollar, metals prices dim Teck outlook
A senior Teck Cominco Ltd. executive told a New York forum yesterday that the mining company’s profit will be eroded by plunging metals prices and a strong dollar. The warning issued by Ron Vance, vice-president of corporate development, came just over a Read More… .h1 { FONT-WEIGHT: bold; TEXT-JUSTIFY: inter-ideograph; FONT-SIZE: 22pt; MARGIN: 17pt 0cm […]
US Sub-Prime Mortgage Market bailed out
The housing market slump which has been a drag on the US economy and financial markets over the last several months has been highlighted by the collapse of the sub-prime mortgage market.Â
Property derivatives prices tumble
Prices of property derivatives – mainly swaps between total property returns and interest rates based on Libor – have fallen sharply as confidence in the underlying market wanes Read More…
IBM files patent complaint vs Taiwan’s Asustek
NEW YORK (Reuters) – International Business Machines Corp is asking the U.S. government to ban imports of some computers made by Taiwan’s Asustek Computer Inc , alleging that the products infringe three IBM patents. Read More… WASHINGTON (Reuters) – President George W. Bush announced a plan on Thursday aimed at slowing a wave of home […]
Opec finds a price range it can live with
Opec finds a price range it can live with Extract not available. Source: c.moreover.com
United States Housing Market Slump Showing Signs of Potential Bottom
The recent housing market slump in the United States has affected many areas of the consumer and financial markets. The cyclical movement in the last decade within the housing markets has been very indicative of the psychological market factors influenced by supply and demand.
Asian stocks rise to three-week high
Asian stocks rise to three-week highThe dollar held firm as fears of a US recession eased after a batch of upbeat US data helped lift some of the gloom surrounding the world’s biggest economySource: www.ft.com
House prices seen falling 30 pct
House prices seen falling 30 pct NEW YORK (Reuters) – Housing markets from Punta Gorda, Florida, to Stockton, California, will crash and suffer price drops of more than 30 percent before the housing crisis is over, a report from Moody’s Economy.com said on Thursday. Source: feeds.reuters.com
Futures pare gains as ECB keeps rates steady (Reuters)
Futures pare gains as ECB keeps rates steady (Reuters) Reuters – U.S. stocks index futures pared gains on Thursday after the European Central Bank left interest rates unchanged. Source: news.yahoo.com
Most Popular Content
- Copper Finds Its Footing as Market Sentiment Improves
- S&P 500 Grinds Higher as Rate Cut Hopes Simmer
- Bitcoin Holds Near $120K as 401(k) Buzz Meets Inflation Jitters
- Pound Climbs on BoE Cut and Dovish Signals
- Gold Soars on Tariff Shock as Copper Holds Steady
- Markets Wobble After Highs as Fed Holds Steady and Earnings Send Mixed Signals
- Copper Prices Drift in the Wake of a Surprise Tariff Shock
- Gold Prices Retreat from Highs Amid Easing Geopolitical Tensions