AFP - The Securities and Exchange Commission (SEC) plans to propose rules that may diminish the traditional weight credit ratings carry in many markets, The Wall Street Journal reported online Tuesday.
AFP - US shares stumbled Tuesday as a bleak outlook from delivery giant UPS and news that home prices are still falling darkened the mood as traders girded for a Federal Reserve meeting.
Reuters - The Toronto Stock Exchange's main index
tumbled on Tuesday morning, as resource shares retreated amid
choppy oil prices and global markets set a negative tone. -- read full article
AP - NYSE Euronext Inc. said Tuesday it will pay $250 million for a 25 percent stake in Qatar's Doha stock market, as the operator of the New York Stock Exchange moves to build a financial hub in the Middle East. -- read full article
Reuters - Stocks edged higher on Tuesday as
investors looked for bargains among beaten-down financial
shares and the price of oil slipped, offsetting a profit
warning from United Parcel Service
AP - Wall Street rebounded in erratic trading Tuesday, with investors seeking bargains among financial stocks even as concerns grew about the impact of high fuel costs on consumers and corporate profits.
Reuters - Scottrade Inc has agreed to pay
$950,000 to settle charges that it made misrepresentations to
customers regarding the broker-dealer's trade executions. -- read full article
Reuters - The Toronto Stock Exchange's main index
kicked off the week by surging higher on Monday, buoyed by firm
oil prices and a jump by BCE Inc after Canada's top court
backed the buyout of the telecom company.
Reuters - NEW YORK (Reuters) -The Dow and the S&P 500 ended
effectively unchanged on Monday in thin trade as renewed
concerns about the outlook for financial shares offset gains in
energy stocks and news of a $4.4 billion takeover in the
agricultural sector.
AP - Stocks stalled Monday, ending mostly lower after rising oil prices and ongoing worries about the financial sector gave investors little reason to buy a day ahead of a Federal Reserve meeting.
Reuters - The U.S. Securities and Exchange
Commission is planning rules to make it possible for U.S.
money-market funds to invest in short-term debt without regards
to ratings put on those securities by firms such as Moody's and
Standard & Poor's, the Wall Street Journal reported on Monday
citing people familiar with the matter.
Reuters - The U.S. Securities and Exchange
Commission plans to propose rules that may diminish the
importance of credit ratings across various markets, the Wall
Street Journal reported on Tuesday. -- read full article
AFP - Transatlantic financial market operator NYSE Euronext said Tuesday that it had agreed to buy 25 percent of the Doha stock exchange for 250 million dollars (161 million euros).
Reuters - The state of Qatar has agreed to
sell 25 percent of the Doha Securities Market to NYSE Euronext
for $250 million in a bid to become the booming
region's financial hub and extend global links. -- read full article
