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NZ sharemarket quiet as news sought Thursday October 2, 10:53 AM The New Zealand sharemarket open in a quiet, but positive frame of mind this morning, rising 0.304 percent in the first 20 minutes of trading. The NZX-50 index kicked off at 3187.961 and...
Tags: stock, government, plan, share, Senate, senate votes, stock head, billion financial, U.S, sector bailout
Analyst Mike Mayo of Deutsche Bank cut the rating for Goldman Sachs to "Hold" from "Buy," saying its ability has diminished to escape the weakness in the credit markets that has plagued investment banks over the past year or so. In addition, Mayo wrote...
Tags: ING bank, net profit, wall street, lowering open, stock head, retail sales
Citigroup has agreed to buy back between $5 billion and $8 billion of auction-rate securities from its own customers to settle state and federal regulators' claims it misled about 40,000 clients about their risks. "Anyone who bought these auction-rate...
Tags: UBS Financial Services Inc., Swiss Bank UBS, UBS Securities, UBS AG, buy backing, Merrill Lynch, rate securities, Citigroup, Massachusetts, stock head
Wall Street fluctuated Tuesday, with some investors seeking bargains among financial stocks even as concerns grew about the impact of high fuel costs on consumers and corporate profits. The Conference Board said its June consumer confidence index came...
Tags: stock, share, economy, consumers confidence, Federal Reserve, wall street, lower open, fuel costs, index came, stock head
-- Wall Street fell in early trading Tuesday as investors examined a rush of quarterly results from bellwethers like AT&T Inc., DuPont and McDonald's Corp. AT&T's earnings are in line with Wall Street's forecast while McDonald's and DuPont have reported...
Tags: Boeing Co., Ambac Financial Group Inc, wall street, ambac financials, boeing profits, stock head, U.S, Royal Bank of Scotland, bonds insurer, financials group