07 Mar 2005 05:06 AM

CSFB CUT INFINEON TECHNOLOGIES TO "UNDERPERFORM"

07 Mar 2005 03:34 AM

The Nikkei 225 rose 52.31 points, 0.44% to 11,925.36, the highest level since April 28. The TOPIX advanced 0.65% to 1,199.83.

04 Mar 2005 08:50 AM

Alan Greenspan offered support to the US President’s plan for a tax overhaul, backing the idea of taxing consumption rather than spending. The savings rate in the nation has dropped to 1% in 2004, alarming the policy makers.

04 Mar 2005 07:06 AM

DEUTSCHE BANK CUT FOX ENTERTAINMENT TO "HOLD" FROM "BUY"

04 Mar 2005 07:02 AM

The Nikkei 225 rose for the seventh straight session. The index added 16.59 points, 0.14% to 11,873.05, the highest level since July 1. For the week the Nikkei rose 1.84%.

04 Mar 2005 07:01 AM

DELL SAID ON THURSDAY THAT IT WILL REPURCHASE $10 BLN. OF ITS SHARES

04 Mar 2005 07:00 AM

MOODY’S UPGRADED ADECCO’S LONG-TERM DEBT RATING TO "Baa3" FROM "Ba1"

03 Mar 2005 01:43 PM

The Dax Index fell 20.16 points, or 0.46% to 4373.27, the FTSE 100 Index added 22.00 points, or 0.44% to 5014.80, the CAC 40 Index slipped 1.37 points, or 0.03% to 4061.35. In U

28 Feb 2005 04:54 PM

The role of debt and equity markets has increased in global finance in the past 25 years, according to a survey released by McKinsey Global Institute on February 17. Debt and equity securities make 70% of global financial stock, with bank deposits accounting for just 30% compared with 45% in 1980. Total global financial stock has also grown faster than the world’s GDP, showing that

26 Feb 2005 05:29 AM

The New York Stock Exchange warned brockerage houses against sweeping billions of dollars of their clients’ cash into special accounts that pay lower interest rates compared to money-market funds. The NYSE emphasized that brockerage houses avoid telling their clients that these so-called cash- sweep accounts often don’t correspond to the higher rates of money-market funds. In a letter sent to about 300 brockerage houses, the exchange warned the industry that a new rule will be introduced if disclosure procedures

25 Feb 2005 06:36 PM

While U.S. brockerage companies face modest stock gains, chief executive officers at four of the largest brockerage houses pulled in $110.1 million among them. According to the details released on CEO pay the four major firms - Merrill Lynch & Co., Morgan Stanley, Goldman

24 Feb 2005 10:56 AM

The US blue chips went up Wednesday on soothing data that inflation eased as consumer prices fell. Procter & Gamble Co. shares added 2.2% to $53.41. Apple Computer rose 3.3% to $88.06 on the news about its new MP3 player. Intel Corp. dropped 2.6% to $23.13.

23 Feb 2005 07:42 PM

The Organization of Petroleum Exporting Countries announced on Wednesday it would have to increase oil production to its maximum capacity next winter in order to meet growing demand from China against the background of slowing Russian production. The

23 Feb 2005 09:29 AM

MCI is forced to revise its acceptance of a $6.75 billion (£3.6 billion) buyout offer from Verizon Communications. Qwest has complained that their earlier approaches to MCI were not properly rated by MCI that rejected any offers from Qwest as it has already accepted Verizon’s proposition, even though it was valued 19% less than Qwest’s most recent bid. Some leading MCI shareholders filed four lawsuits in the Delaware Chancery Court seeking to brake the Verizon deal.

22 Feb 2005 10:36 AM

U.S. consumer confidence fell to 104.0 in February from a revised 105.1 in January, according to the Conference Board. Economists were expecting 103.5. The present situation index rose to 116.4 from 112.1, the