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Market Snapshot: U.S. stocks dive as global economic worries return

date: 2010-02-04 20:55:00

Worries about the global economy weigh heavily on financial markets Thursday afternoon, with stocks on track to post their worst close in more than three months.

source: www.marketwatch.com

Futures Movers: Oil slides 5% as growth concerns return

date: 2010-02-04 20:48:00

Crude-oil futures lose further ground, moving below $73 a barrel, as energy traders play off a host of factors, including appreciation in the dollar.

source: www.marketwatch.com

Biotech Stocks: Drug stocks fall; Allergan zigzags

date: 2010-02-04 20:42:00

Drug stocks move lower while shares of Allergan zigzag after the company issues a weaker-than-expected 2010 financial forecast.

source: www.marketwatch.com

American mortgages: Return to lender

date: 2010-02-04 10:41:47

Mortgage lenders’ past sins catch up with themDURING the boom, American banks spent surplus profits on share buybacks. Now they are being forced into repurchases of a nastier kind: securitised mortgages whose flaws allow buyers to toss them ...

source: www.economist.com

Longevity swaps: Live long and prosper

date: 2010-02-04 10:41:47

Plans are afoot to create a new capital market in longevity riskDEATH comes to everyone. The timing is much less certain. Longevity risk, the risk that people will live longer than expected, weighs heavily on those who run pension schemes and on ...

source: www.economist.com


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David Callaway: Toyota chaos feeds market panic

date: 2010-02-03 22:46:00

It’s not easy to turn a corporate P.R. meltdown into an Obama-bashing occasion. See Transportation Secretary Ray LaHood’s gaffe about Toyota’s recall fiasco.

source: www.marketwatch.com

Bond Report: Treasurys under pressure after ADP jobs data

date: 2010-02-03 14:45:00

Treasury prices extend declines slightly on Wednesday, sending yields higher, after ADP said the private sector cut 22,000 jobs in January.

source: www.marketwatch.com

Metals Stocks: Gold dips, pausing after two-day rally

date: 2010-02-03 14:34:00

A two-day rally in gold and metals futures took a breather on Wednesday, as traders digested a small drop in U.S. private-sector jobs in January, which joined a raft of recently upbeat economic news and lifted the dollar.

source: www.marketwatch.com

Treasury to auction $81 billion next week

date: 2010-02-03 14:14:00

The Treasury Department will sell $81 billion in notes and bonds next week in its quarterly refunding auctions, the same as the last auctions held last November.

source: www.marketwatch.com

Apple vs Amazon - which is the better bet?

date: 2010-02-03 09:52:12

SAN FRANCISCO (Reuters) - Apple and Amazon.com will soon battle in the nascent but fast-growing market for electronic books, and Wall Street has ring-side seats.

source: feeds.reuters.com

Tesco sees shoppers out of recession

date: 2010-02-03 07:23:32

RAMSEY (Reuters) - The consumer has come out of recession and is unlikely to suffer a relapse, the chief executive of Tesco told Reuters.

source: feeds.reuters.com

Asian shares mostly up; resources, techs gain

date: 2010-02-03 04:32:00

Asian stock markets are mostly up, helped by Wall Street gains, with resource-related and technology stocks leading the way higher in the region. But investors remain cautious ahead of key earnings reports and U.S. jobs data due later in ...

source: www.marketwatch.com

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