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CompareCC News Archive Listing for Stocks and Investing during 2007-11.
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Nikkei closes at two-week high
 
FT.com - Japanese stocks got a boost on Thursday from the US Federal Reserve's latest interest rate cut and figures showing surprisingly strong US economic growth.
Tokyo stock market's main index plunges
 
AP - Japan's benchmark stock index plunged more than 350 points Friday following large losses on Wall Street overnight because of concerns over a possible end to interest rate cuts and a slowing U.S. economy.
PetroChina's shares triple in debut
 
AP - Chinese energy conglomerate PetroChina saw its shares triple in value in its trading debut Monday in Shanghai following an initial public offering that raised $8.94 billion — a record for a mainland bourse.
Sainsbury leads FTSE lower
 
FT.com - London equities fell in opening trade on Monday, as the crisis in global credit markets claimed another victim in the shape of Delta Two's potential bid for J Sainsbury.
Chinese shares close mixed as PetroChina tumbles
 
AFP - Chinese share prices closed mixed Tuesday, with index heavyweight PetroChina tumbling nearly 10 percent to drag down the key Shanghai bourse 1.74 percent, dealers said.
Japan's stock index falls 0.9 percent
 
AP - Japanese stocks fell Wednesday for the fourth straight session, weighted down by soft economic indicators, political drama and profit-taking in steel and construction shares.
AIG profit fallS 27 percent
 
AP - The world's largest insurer may not have invested as much in mortgage-backed assets as the world's biggest banks, but American International Group Inc.'s exposure to the rocky credit and housing markets was enough to dampen its third-quarter profit.
Bernanke sets gloomy mood for Asia
 
FT.com - Stock markets in Asia were mixed on Friday morning, with the mood subdued after a warning overnight from Ben Bernanke, US Federal Reserve chairman, that US growth would probably slow noticeably and price rises might accelerate.
Qualcomm Reports Higher Earnings, No Progress On Patent Disputes
 
TechWeb - Net profits jumped 84% to $1.13 billion while revenue rose to $2.31 billion, up about 15% versus last year's fourth quarter.
Investors brace for more bad bank news
 
AP - The stock market this week is hoping for signs that the economy is surviving the problems in the financial sector — and that the Federal Reserve will come to the rescue if it's not.
Asian markets fall sharply
 
AP - Asian markets fell sharply Monday as traders took their cues from Wall Street, where shares dropped Friday amid renewed concerns about U.S. mortgage problems.
Vodafone helps limit FTSE losses
 
FT.com - Vodafone helped limit overall losses on the London equities market on Tuesday, after the world's biggest mobile phone operator lifted guidance for 2008.
Wall Street moves toward lower opening
 
AP - Wall Street headed for a lower open Wednesday as investors awaited the government's wholesale inflation report and evaluated HSBC Holdings PLC's announcement of credit-related writedowns.
Thain to leave NYSE to head Merrill Lynch
 
AFP - Troubled Wall Street investment bank Merrill Lynch on Wednesday chose John Thain, who forged the New York Stock Exchange and Euronext into the world's largest stock market operator, as its new chief executive and chairman.
Starbucks brewing less in US
 
AP - Fewer coffee drinkers have been streaming into Starbucks Corp.'s U.S. stores — news that overshadowed an otherwise healthy fiscal fourth quarter for the world's largest chain of coffee houses.
Wall Street to focus on housing data
 
AP - Stock investors smarting from months of volatility are hoping this holiday-shortened week provides signs of a badly needed year-end rally.
StanChart leads FTSE higher
 
FT.com - Standard Chartered leapt to the top of the leaderboard in London on Monday after the Financial Times reported that three Chinese banks had held talks with the emerging markets bank's largest shareholders about investing.
Asia markets sink after Wall Street drop
 
AP - Asian stock markets sank Tuesday, with the benchmark index in Tokyo falling to its lowest point in more than a year after a sharp drop on Wall Street overnight amid jitters about the U.S. banking and housing markets.
Asian, Europe shares sink; US points low
 
AP - Asian markets tumbled Wednesday and shares fell across Europe as crude oil flirted with $100 per barrel and the U.S. Federal Reserve pointed to slowing growth next year.
Japan's Nikkei index rises 0.3 percent
 
AP - Japan's benchmark Nikkei stock index rose 0.3 percent in a pre-holiday session as the U.S. dollar rebounded against the yen from a 2 1/2-year low hit overnight.
Vedanta bid talk add weight to FTSE rally
 
FT.com - London equities rallied on Friday, as rumours of Chinese bid interest in Vedanta Resources brought the full weight of the mining sector behind the advance.
Japan stocks rise, banks and exporters up
 
Reuters - Japanese stocks rose on Monday, buoyed by a slightly weaker yen and a rally on Wall Street, with retailers and banks such as Mizuho Financial Group posting early gains.
US shoppers give lift to Asian markets
 
FT.com - A good start to the holiday shopping season in the US last week cheered up stock markets across the Asia Pacific region.
Barclays reassures over earnings
 
FT.com - Barclays (NYSE:BCS) said it expected earnings for 2007 to be 'broadly in line' with stock market expectations of 68.8p per share, notwithstanding 'turbulent market conditions' affecting its investment banking business.
Hopes for Rock auction lift FTSE
 
FT.com - Banking stocks helped London equities markets rise on Wednesday, as the largest shareholder in Northern Rock looked determined to encourage rival rescue bids to compete with Virgin Money's offer for the stricken lender.
Dow gets biggest 2-day gain in 5 years
 
AP - Although Wall Street has logged its biggest two-day rally in five years, no one is ready to declare an end to the credit crisis that has pummeled stocks since the summer.
Dell turnaround plan gets mixed reviews
 
AP - An ambitious plan to re-ignite Dell Inc.'s fortunes has met a mixed response among analysts and investors apparently split over how well — and how quickly — the computer maker can reinvent itself as an all-in-one technology juggernaut.

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