Stock Exchange

Tuesday, February 19, 2008

UPDATE 3-Toronto stocks surge 220 pts on golds, oils

UPDATE 3-Toronto stocks surge 220 pts on golds, oils
Forbes - TORONTO (Reuters) - The Toronto Stock Exchange's main index soared more than 200 points Tuesday, lifted by robust resource issues and record-setting oil prices. Gains in gold, platinum and other commodities helped push the index higher, as the
Source: www.forbes.com

US STOCKS-Market off as oil jumps above $100, but HP up late
Forbes - U.S. crude oil futures for March delivery shot up $4.51, or 4.7 percent, to settle at a record $100.01 a barrel on the New York Mercantile Exchange. Earlier, the NYMEX March crude contract touched a record high of $100.10 during the regular NYMEX
Source: www.forbes.com

Argentine Banco Macro 4th-quarter net rises 15 pct
Reuters - BMA.N: Quote , Profile , Research ), one of Argentina's largest private banks, reported a fourth quarter net profit of 169 million pesos ($53 million), 15 percent higher than the year-earlier period, in a statement to the Buenos Aires Stock Exchange on
Source: www.reuters.com

Dollar May Fall Against Euro on Speculation Fed to Cut Rate
Bloomberg - The global economy doesn't look as bleak as the financial sector,'' said Steve Butler, director of foreign exchange trading at Scotia Capital Inc. in Toronto. ``The Fed will deliver at least a 25-basis-point cut, if not 50 basis points. The interest
Source: www.bloomberg.com

Tax chat with Mark Misselbeck
Boston Globe - Mark_Misselbeck: Form 8824 details the transaction and discloses to the IRS both that the transaction - a tax deferred exchange of like-kind property occured - and establishes the basis adjustments to arrive at the basis of the property received and
Source: www.boston.com

Walter Industries, Inc. Announces Restructuring of Financing and
Forbes - Risks associated with forward-looking statements are more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no duty to update its forward-looking statements as of any future date. SOURCE Walter
Source: www.forbes.com

China Should Adopt More Flexible Exchange Rate for Its Own Good, Says
Forbes - PITTSBURGH, Feb. 19 /PRNewswire/ -- China is under increasing pressure from U.S. politicians to adopt a more market-driven currency rate to level the economic playing field internationally. However, according to a leading international economist from
Source: www.forbes.com

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