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Japan stocks fall on subprime losses
AP - Japanese shares fell Friday after Japanese banks reported larger-than-expected losses due to the subprime mortgage crisis. A slump in China's Shanghai Stock Exchange also weighed on Tokyo trade.
Financials cause slide in S&P 500 profit
AP - It doesn't take highly paid Wall Street analysts to figure out why corporate earnings are trending toward their worst performance in six years.
Asian markets rise on Wall Street's gain
AP - Asian markets rallied Monday as investors were heartened by Wall Street's rebound last week and by reports downplaying the impact of disastrous winter storms on China's broader economy.
Boston Scientific 4Q posts $458M loss
AP - Costs from Boston Scientific Corp.'s $27 billion acquisition of Guidant Corp. nearly two years ago continue to erode the medical device maker's bottom line.
Disney profit down after 2006 sale gains
AP - The company that Mickey built owes much of its recent success to its slew of cable and television brands, including ESPN and its 'High School Musical' and 'Hanna Montana' franchises.
Baghdad's Stock Market Goes Modern
Time.com - Open since 2004, the ISX is about to give up its hand-written exchange for a computerized system. Too bad the Iraqi economy isn't quite state-of-the-art
FTSE set for gains as investors seek bargains
FT.com - The FTSE opened higher on Friday as buyers returned to the market seeking bargains after Thursday's 150-point fall.
World bourses lost 5.2 trillion dlrs in January: credit rater
AFP - World stockmarkets lost 5.2 trillion dollars (3.6 trillion euros) in January thanks to the fallout from the US subprime crisis and fears of a global economic slowdown, Standard & Poor's said Saturday.
European stocks lower as financials weigh
FT.com - European equity markets were lower on Monday, but off their worst levels as heavyweight oil and pharma stocks partially offset losses for financial and mining stocks.
Oil and mining groups lead FTSE bounce
FT.com - London stocks mounted a rally at the open on Tuesday, prompted by a late turnround on Wall Street, which helped drive gains across Asia.
Rio Tinto: BHP needs to raise offer
AP - A senior Rio Tinto executive on Wednesday said BHP Billiton would have to raise its already-sweetened takeover offer 'considerably' to lure the miner into talks.
Customer spending drives Comcast 4Q
AP - Comcast Corp., the nation's largest cable operator, reported a 54 percent increase in fourth-quarter profit on solid revenue gains as customers spent more for cable TV.
London stocks inch higher
FT.com - London stock markets moved higher on Friday, shrugging off Wall Street losses thanks to strength in mining groups and pharmaceuticals.
Lackluster reports leave stocks mixed
AP - Stocks finished mixed as lackluster economic reports offered Wall Street little incentive to place big bets ahead of a long weekend.
Asset managers feel the pain
Reuters - No quick turnaround is in sight for the
shares of Canadian fund-management companies, which have been
pounded in 2008 as sliding stock markets hurt assets under
management and slowed mutual fund sales.
FTSE higher on banking dividend hopes
FT.com - London equities made strong gains on Monday, with banking stocks at the forefront of the rally at the start of a busy week for newsflow in the sector.
Credit Suisse leads European stocks lower
FT.com - After leading a mini-rally on Monday, banks gave up their early-week gains on Tuesday, pushing European stock markets lower with news of more and unexpected losses on credit products.
Banks bear brunt of FTSE losses
FT.com - London equities fell fast on Wednesday with the banking sector hit by news of a big drop in annual profits at Alliance & Leicester after the extent of the damage done by the credit crunch became clear.
FTSE cheered by upbeat earnings
FT.com - London equities were made progress on Thursday, lifted by strength overnight on US and Asian indices and upbeat corporate earnings news.
Tokyo Stock Exchange execs punished for glitch: bourse
AFP - The Tokyo Stock Exchange said Friday it was improving its system and that its top executives would slash their own pay after a computer glitch disrupted trading earlier this month.
Stocks rally on word of Ambac bailout
AP - Wall Street staged a dramatic turnaround Friday, shooting higher in the last half-hour of trading after word that a bailout plan for troubled bond insurer Ambac Financial could be announced next week. The major indexes ended a week of choppy trading mixed.
Spending, inflation data to hit Wall St.
AP - Wall Street will face a slew of data this week: on Americans' spending, inflation at the producer level, home sales and manufacturing.
Ambac rescue talk lifts Asian shares
FT.com - Asian stock markets started the week on a cautiously upbeat note as speculation over the weekend of a rescue plan for Ambac, a leading US bond insurer, helped ease worries about the prospects for the global credit markets.
Nordstrom bracing for tough 2008
AP - Even well-to-do shoppers bought fewer cashmere sweaters, silk scarves and other high-end merchandise during the holidays, hurting Nordstrom Inc.'s fourth-quarter profits and bracing the company for another tough year.
StatoilHydro quarterly profit slips due to merger
Reuters - Norwegian energy group StatoilHydro
posted a weaker-than-expected fourth-quarter operating
profit on Wednesday and said merger expenses and increasing oil
and gas production costs dented its figures.
Japan stocks fall on profit-taking
AP - Japanese stocks retreated from seven-week highs Thursday as investors took profits in high tech blue chips after a weakening dollar and worse-than-expected industrial output numbers soured market sentiment.
Japan's Nikkei falls 2.3 percent
AP - Japanese stocks fell sharply Friday as the yen climbed to its highest level against the dollar in nearly three years following U.S. Federal Reserve Chairman Ben Bernanke's pessimistic remarks on the U.S. economy.
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