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| Archive: Feb 16, 2010 |
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Top Stories Movers & Shakers: Wednesday's biggest gaining and declining stocks Microtune, Navistar, NetSol, Talbots, Wet Seal, ZymoGenetics were among the stocks making notable moves in Wednesday's stock market. Europe Markets: European markets reverse losses to trade higher A successful Portuguese debt auction provides some relief, although bank stocks are mostly lower. Market Snapshot: U.S. stocks rise as Europe worries fade NEW YORK (MarketWatch) -- U.S. stocks bounced back from the previous day's declines as concerns about European bank health subsided. Currencies: Dollar weaker against euro, U.K., Canadian units The U.S. dollar weakens versus most major rivals on Wednesday amid better news out of Canada and the U.K. and a positive opening for U.S. stocks. See All Top Stories >> |
Overnight Stocks HBC +/- HSBC, the global bank that has been praised for its handling of the financial crisis, has clashed with shareholders over a proposed pay rise for its executive team. Investors are understood to be particularly unhappy with the sum that HBC YRAIF, TRA + Norway's Yara International ASA announced plans to acquire U.S. fertilizer producer Terra Industries in a $4.1B agreed cash deal that comes amid a scramble for global agribusiness assets. The acquisitive YRAIF, which plans to f... TV + Mexican media giant Grupo Televisa has acquired a 30% stake in Nextel Mexico for $1.44B, a move that allows TV to partner with a wireless carrier to bid for new wireless spectrum up for auction later this year. TV will be granted an opti... Bank of England +/- The Bank of England's Monetary Policy Committee expects the 3.5% Jan. rise in annual U.K. consumer inflation to be a "temporary deviation" from the 2% target, BOE Governor Mervyn King told Chancellor of the Exchequer Alis... TM + Toyota Motor Corp. announced it is considering ways to bolster procedures for checking the quality and reliability of cars and to do more to publicize incremental changes to cars already on the market. TM is aiming to an... See All Overnight Stocks >> |
Ups & Downs See All Ups & Downs >> |

“Debt” looks like it will be the running theme for 2010. Just after mid-January,
Greece ’s debt woes, and by extension the debt problems of the EU members, became the catalyst for the market’s unraveling. It wasn’t so much
full story >>