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| Archive: Feb 23, 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.
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Lloyds' CEO + Eric Daniels, Lloyds’ CEO, has become the latest banking boss to waive his bonus in an attempt to defuse the political row about remuneration. Mr. Daniels yesterday told the board that he would not take a £2.3M payout, marking the second... Greece +/- AFL +/- Fitch Ratings downgraded disability insurance provider Aflac Inc. one notch and took the insurer off its Negative Watch. The ratings service downgraded Fitch's IDR to A from A+. Both are investment-grade ratings. Fitch also downgrad... MSFT, AMZN +/- Microsoft Corp. said it reached a patent licensing agreement with Amazon.com Inc. that gives the online retailer rights to use open-source software in its Kindle electronic book reader and servers based on the Linux operating system. Und... See All Overnight Stocks >> |
Ups & Downs See All Ups & Downs >> |
There’s an old adage on Wall Street, “three steps and a stumble”. The Fed has been rather savvy about its timing of statements and market moves. Fed officials will be out in force this week to reassure the public, politicians, and investors that the latest move to raise the discount rate was only intended to back away from the extreme reaction to the financial crisis and was not intended to be the start of a new policy toward tightening. This is... full story >>