Category: Global economy

April 11, 2008

GE fall

Filed under: Company news, Global economy - 11 Apr 2008

General Electric Co. reported its first decline in quarterly profit since 2003, missing analysts’ estimates with a 12 percent drop in earnings.GE fell as much as 12 percent, the most since 1987. General Electric was forced to cut the value …

April 2, 2008

US rally - best start to a second quarter in 70 years

Filed under: Global economy - 02 Apr 2008

The U.S. stock market posted its best start to a second quarter in 70 years after Lehman Brothers Holdings Inc. and UBS AG said they are raising $19 billion to replenish capital. By raising capital, they might handle further credit …

March 24, 2008

US stock rise on JPMorgan offer

Filed under: Company news, Global economy - 24 Mar 2008

March 24 - U.S. stocks went up after JPMorgan Chase & Co. increased its bid for Bear Stearns Cos., and sales of existing homes unexpectedly rose. JPMorgan quadrupled its offer for Bear to $10 a share. Bear Stearns climbed $6.75, …

March 21, 2008

Commodity fell

Filed under: Global economy - 21 Mar 2008

The commodity collapse the biggest in at least five decades. The Standard & Poor’s 500 Index posted its first weekly gain in a month, and the dollar leapt from its lowest level since 1973. It’s look like the Fed has …

Intel, Packeteer

Filed under: Global economy - 21 Mar 2008

Intel Ups Payout - March 21, 2008 - Forbes.com Market News: Chipmaker raises dividend as it readies cheap computer.
Packeteer Bid Turns Hostile - March 21, 2008 - Forbes.com Market News: Frustrated shareholder launches tender offer for network firm.
Palm …

March 19, 2008

Fed cut main lending rate to 2.25 percent

Filed under: Global economy - 19 Mar 2008

March 18 — The Federal Reserve cut its main lending rate by three-quarters of a percentage point to 2.25 percent as officials try to recover the economy and restore faith in the U.S and global market. The credit problem cause …

March 14, 2008

S&P - end of subprime writedowns is near

Filed under: Global economy - 14 Mar 2008

March 13 — Standard & Poor’s(S&P), the ratings company says the end of subprime writedowns is near. S&P reported Writedowns from subprime-tied securities will probably rise to $285 billion, or $20 billion more than S&P forecast two months ago. More …

March 13, 2008

Carlyle default

Filed under: Global economy - 13 Mar 2008

March 13, Carlyle Group bond fund said it defaulted on $16.6 billion in debt. This has cause U.S. stocks to fell again. Retail sales which dropped also add the presure. The dollar slid to a 12-year low against the yen …

March 12, 2008

US Stocks rallied

Filed under: Global economy - 12 Mar 2008

March 11 . U.S. stocks rallied the most in five years after Federal Reserve said it will pump $200 billion into the financial system. The S&P 500 added 47.28 points, or 3.7 percent, to 1,320.65, trimming its decline for the …

March 8, 2008

Again, global stock fell

Filed under: Global economy - 08 Mar 2008

Stock fell around the world on March 7, 2008. A series of bad news just keep coming. The biggest drop in jobs since 2003 sent energy and mining companies stock in US lower. Coal Drops as increased production in South …

Next Page »