Stock Exchange

Friday, November 30, 2007

Bank stocks: Buyer beware

Bank stocks: Buyer beware
CNN Money - A TowerGroup research analyst discusses why Citigroup would want to sell a $7.5 billion dollar stake to Abu Dhabi. Earlier this week, Citigroup ( Charts , Fortune 500 ) stock finished below $30 a share for the first time in over five years. Shares of
Source: money.cnn.com

Company Profile For Mitsubishi Heavy Industries Ltd
Reuters UK - Mitsubishi Heavy Industries, Ltd. is a Japan-based manufacturing company. It has six divisions. The Marine Vessel and Ocean division's core products include oil tankers, container ships, ferries and liquefied petroleum gas (LPG) ships. The Power
Source: uk.reuters.com

Correction: Solar Stocks Story
Forbes - In a Nov. 28 story about the solar-product sector, The Associated Press reported erroneously that SunPower would receive payments for electricity as part of a contract with Hewlett-Packard Co. to install solar panels on HP facilities. Instead, HP
Source: www.forbes.com

Biotechs on the slow road to recovery but outlook is still unsure
Daily Telegraph - The sector has remained unloved since it fell out of favour in 2000, along with technology stocks. It hit bottom in 2002, and although it rose again after that, has plateauxed ever since. As our table shows, even the best-performing biotech unit
Source: www.telegraph.co.uk

Nikkei gains, shipping and steel stocks shine
Reuters - Japan stocks rise on US rate cut hopes, yen retreat TOKYO, Nov 30 (Reuters) - The Nikkei share average rose 0.9 percent on Friday as Mitsui O.S.K. Lines Ltd (9104.T: Quote , NEWS , Research ) and other shippers steamed ahead on strong commodities
Source: today.reuters.com

Consumer stocks lead FTSE 100 demotion
Financial Times - A host of consumer-facing stocks look certain to be ejected from the FTSE 100 this month as the impact of the credit squeeze and fears of an economic and consumer spending slowdown feed through to the real economy. Housebuilders Barratt Developments
Source: www.ft.com

Treasury rally halts as investors gravitate to stocks
San Diego Union-Tribune - NEW YORK – Treasury prices closed mostly lower Friday after comments about a possible rate cut from Federal Reserve Chairman Ben Bernanke emboldened investors to pour more money into stocks. Late Thursday, Bernanke said the central bank will have
Source: www.signonsandiego.com

Wall St Week Ahead: Stocks' recovery turns on subprime plan
Reuters - NEW YORK, Nov 30 (Reuters) - Wall Street's rebound from its first full-fledged correction in more than four years could continue if investors believe a plan to keep millions of Americans from losing their homes can work. Treasury Secretary Henry
Source: www.reuters.com

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