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Dell Droops On Lower Than Expected Margins
TechWeb - Dell Inc reported lower-than-expected quarterly profit margins and warned that rising costs could depress future
results, sending its shares down 10 percent.
Asian markets mostly higher as banks rise
Reuters - Asian stock markets mostly rose on
Monday as financial shares extended gains on hopes of further
U.S. interest rate cuts, but some technology stocks eased after
Dell Inc's disappointing outlook.
Japan stocks ease as firmer yen weighs on exporters
Reuters - Japan's Nikkei average took a breather on
Monday after gaining more than 5 percent the previous week, as
exporters such as Canon Inc slipped on a slightly stronger yen.
Wall Street set to fall as banks weigh
Reuters - Stock futures pointed to a second
straight day of declines on Wall Street on Tuesday as
financials remained under pressure after a series of broker
downgrades and warnings from policymakers on the growth
outlook.
FTSE higher as bid energises miners
FT.com - London equities rebounded on Wednesday, with fresh bid activity in the mining sector helping to claw back some of the previous session's losses.
Japanese stocks rise on Wall St. rebound
AP - Japanese stocks rose Thursday, as market sentiment was cheered by Wall Street's overnight rebound and the yen's weakness against the U.S. dollar.
Japanese stocks lifted by Wall St. rally
AP - Japanese stocks hit a one-month high Friday, lifted by Wall Street's rally overnight on the U.S. government's plan for dealing with country's credit crisis.
Banks push FTSE lower
FT.com - London equities fell on Monday on news of a £200m writedown at Lloyds TSB. The announcement added concern about the impact of the credit squeeze on the banking sector.
New York Stock Exchange opens Beijing office
AFP - The New York Stock Exchange formally opened a Beijing office on Tuesday in the hope of luring more of China's rapidly growing companies to list on the world's largest bourse.
Asian stock markets decline
AP - Asian stock markets sank Wednesday on disappointment that the U.S. Federal Reserve cut interest rates by a quarter percentage point, not the more aggressive half-point that some had hoped for.
Japan's Nikkei index tumbles 2.5 percent
AP - Japanese stocks tumbled Thursday on pessimism about a key central bank survey to be released Friday that investors expect will show deteriorating confidence among business executives.
Credit worries hit Asian financial stocks
FT.com - Stocks fell across the Asia-Pacific region for a third day Friday, shrugging off a rise overnight on Wall Street.
Investors anxiously await bank earnings
AP - Wall Street and stock market investors in general aren't feeling much love for Ben Bernanke these days.
Stock index futures fall, eyes on Fed auction
Reuters - Stock index futures fell before the
start of Wall Street trading on Monday with eyes on the Federal
Reserve's first Term Auction Facility (TAF), a money market
operation intended to ease the credit crunch.
Adobe 4th quarter profit climbs 21 pct.
AP - After a year of record revenue and the departure of a longtime CEO, executives at Adobe Systems Inc. say 2008 will bring additional product releases and the completion of an aggressive stock buyback program.
Hovnanian reports $469.3 million 4Q loss
AP - Fallout from the housing downturn and an accounting charge helped Hovnanian Enterprises Inc.'s fiscal fourth-quarter loss nearly quadruple, but the homebuilder's chief executive says there are some encouraging signs.
Japanese stocks eke out rise
AP - Japanese stocks snapped a seven-day losing streak Thursday, as concerns eased about the possibility of major Japanese banks becoming entangled in a fund to deal with the U.S. home loan crisis.
Nikkei closes higher on tech gains
AP - Japanese stocks rose Friday, led by electronics shares following Nasdaq's rally in the U.S. and a joint-venture agreement by Toshiba and Sharp in the liquid crystal display business.
Futures higher before shortened holiday session
Reuters - Stock index futures pointed to a
higher open on Monday, with stocks likely to hold on to
Friday's sharp gains in an abbreviated Christmas Eve trading
session.
Tokyo threatens to delist Sanyo over accounting
AFP - Troubled Japanese electronics manufacturer Sanyo Electric was Tuesday threatened with delisting from the Tokyo Stock Exchange after it corrected six years of earnings reports.
Weak retail outlook weighs on Wall St
FT.com - Wall Street stocks were set for a mixed start on Wednesday with retailers in focus amid concerns about the crucial holiday shopping period. Bond prices slipped and the dollar declined.
Stockbroker unsettled by volatility
FT.com - Unsettled stock markets in recent months affected WH Ireland's financial services and stockbroking activities, the Manchester-based investment banking group said in a trading update on Thursday.
Global stocks rattled by Bhutto murder, weak data
AFP - Asian stock markets mostly skidded lower Friday following heavy losses on Wall Street as the murder of Pakistani opposition leader Benazir Bhutto reverberated around the world, dealers said.
Wall Street completes an erratic week
AP - Wall Street finished an erratic week narrowly mixed Friday after a government report of a steep decline in new home sales stirred concerns that weakness in housing will continue to dog the economy. The major indexes lost ground for the week.
Recession question to mark 2008
Reuters - Wall Street is set to end 2007 with
modest gains this week and kick off the new year with all eyes
trained on jobs data for signs of recession that could make
2008 a hostile environment for stocks.
Pakistani stocks tumble after Bhutto killing
Reuters - Pakistan's share market slumped on
Monday in its first reaction to the assassination of former
prime minister Benazir Bhutto whose death plunged the country
into one of its deepest crises.
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