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Boeing's Profits Lift Blue Chips On Wednesday
Region: United StatesAfter two sessions of poor performance, Wall Street turned higher on Wednesday lifted with higher-than-expected profit at Boeing Co. In afternoon trading, the Dow industrials average added more than 60 points as 17 D... more
Views: 1101Asian Markets Slump On U.S. Economy Woes, Lower Corporate Profits
Region: United StatesOn the first day of the trading week, Asian markets slipped after a horrendous fall on Wall Street Friday over slumping corporate profits - particularly reports that signalled GE's lower than expected Q1 profits. Also wei... more
Views: 828Investors pin hope on bad assets plan for Banks
Region: United StatesOn 28 January 2009, the trading session was seen with stocks mostly in green as investors went into a buy-on-news mode as speculations are pinned heavily on Obama administration will do something about the bad assets of ba... more
Views: 342World markets collapsed over global economy outlook
Region: United StatesMarkets around the world were led into a hole of bottomless pit as it crashes yet another trading day. On 24 October 2008, many markets had fell to historic lows and there are even countries fallen into great debts and nea... more
Views: 566US Government To Take Over Freddie Mac and Fannie Mae
Region: WashingtonOn 7 September 2008, the US Government in Washington announced that it will seize the overall control of the two finance companies that deal with mortgage. The two companies are Fannie Mae and Freddie Mac. It was seen to b... more
Views: 1631Crude price climbed aggressively by $6.03 to $121.59 a barrel on NYMEX
Region: New YorkJust as we thought that light sweet crude has been easing, it climbed up disappointing investors further down at the Wall Street which see the Dow Jones Industrial Index in red once again. It has been a very volatile week.... more
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