 |
18 Apr 2005 05:04 PM
|
 |
|
Brokers are only brokers and nothing else, SEC said:
|
|
|
A recent investigation was conducted by the Securities and Exchange Commission on the investors’ ability to distinguish different categories of financial services professionals.
|
 |
 |
18 Apr 2005 04:16 PM
|
 |
|
MARKET SNAPSHOT: COMMODITIES, U.S. EQUITIES, TREASURIES, FOREX:
|
|
|
The Dow Jones Industrial fell 16.26 points, or 0.16%, to 10,071.25. The Nasdaq Composite added 4.77 points, or 0.25%, to 1,912.92. The S&P500 added 3.36 points, or 0.29%, to 1,145.98.
|
 |
 |
18 Apr 2005 01:44 PM
|
 |
|
MARKET SNAPSHOT: EUROPEAN EQUITIES:
|
|
|
The Dax Index tumbled 110.05 points, or 2.55% to 4202.20, the FTSE 100 Index slipped 64.50 points, or 1.32% to 4827.10, the CAC 40 Index was down 82.69 points, or 2.05% to 3949.59.
|
 |
 |
18 Apr 2005 12:18 PM
|
 |
|
U.S. foreign investment hits records:
|
|
|
Foreign investment in U.S. assets remained strong in February, giving financial markets greater confidence in overseas investors’ ability to continue financing the record U.S. current-account deficit.
|
 |
 |
18 Apr 2005 10:46 AM
|
 |
|
EU’s internal-markets chief seeks best conditions for European companies in US:
|
|
|
The European Union’s internal-markets chief, Charlie McCreevy, will make his first visit to the U.S. since taking the EU post. During the visit he is going to meet with top American financial regulators with intention to reach
|
 |
 |
18 Apr 2005 09:15 AM
|
 |
|
SEC revealed rascals again:
|
|
|
The Securities and Exchange Commission has filed civil charges against two Frederick businessmen, Larry M. Parrish and Michael E. Zimmerman, as well as related companies. The agency states that businessmen swindled more than $8 million out of investors and used the money to make speculating trades in the gold and
|
 |
 |
18 Apr 2005 03:21 AM
|
 |
|
MARKET SNAPSHOT: JAPANESE EQUITIES, FOREX:
|
|
|
Japanese shares tumbled near 4% on rising concerns about anti-Japan protests in China.The sell-off wiped out $118.9 billion of investor wealth.
|
 |
 |
15 Apr 2005 10:31 AM
|
 |
|
Michigan consumer sentiment fell to 87.7:
|
|
|
Michigan consumer sentiment fell to 87.7 in mid-April from 92.6 in March. Economists were expecting a decline to about 91. The current conditions index declined to 103.9 from 108, the expectations index fell to 79
|
 |
 |
15 Apr 2005 10:27 AM
|
 |
|
U.S. industrial production rose 0.3% in March:
|
|
|
U.S. industrial production rose 0.3% in March from revised 0.2% in January, according to the Federal Reserve. Economists were expecting 0.3%. Capacity utilization rose to 79.4% from 79.3% in January. Economists were
|
 |
 |
15 Apr 2005 09:23 AM
|
 |
|
Foreign investors bought $84.5 billion U.S. assets:
|
|
|
Foreign investors bought $84.5 billion in American stocks and bonds in February, according to the Treasury Department. January data were revised to $92.5 billion. Analysts were expecting inflows to fall to $65 billion.
|
 |
 |
15 Apr 2005 07:08 AM
|
 |
|
BEAR STEARNS RAISED STARBUCKS TO “OUTPERFORM” FROM “PEER PERFORM”:
|
|
|
BEAR STEARNS RAISED STARBUCKS TO “OUTPERFORM” FROM “PEER PERFORM”
|
 |
 |
15 Apr 2005 07:05 AM
|
 |
|
PRUDENTIAL EQUITY RAISED GM TO “OVERWEIGHT”:
|
|
|
PRUDENTIAL EQUITY RAISED GM TO “OVERWEIGHT” FROM “NEUTRAL”
|
 |
 |
15 Apr 2005 03:15 AM
|
 |
|
MARKET SNAPSHOT: JAPANESE EQUITIES, DOLLAR:
|
|
|
Japanese shares closed the week lower on disappointing corporate data from Samsung and IBM.
The Nikkei 225 tumbled 192.48 points, 1.66% to 11,370.69, dropping for the fifth straight losing day.
|
 |
 |
14 Apr 2005 06:20 PM
|
 |
|
Bank’s ability to perform in FX market in direct proportion to credit relationships:
|
|
|
A survey taken by consulting firm Greenwich Associates reveals that the ability of banks to win foreign exchange and derivatives business is in direct proportion to the size of their credit business. About two thirds of
|
 |
 |
14 Apr 2005 05:53 PM
|
 |
|
G-7 efforts to get rid of yuan peg failed:
|
|
|
Ahead of the G-7 meeting, worries are mounting that China may leave its currency pegged to the dollar for an indefinite time period, despite the pressure of the G-7 leaders.
G-7 will most likely preserve its position on foreign-exchange market unchanged at its next meeting scheduled for this weekend, reported Japanese Finance Minister.
"At
|
 |
|
|
|
|
 |