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    Stock Markets Headlines
    Appeals court backs former NYSE chief in pay case (Reuters)

    Former NYSE Chairman Richard Grasso smiles during an interview with Reuters in New York, September 7, 2006. (Brendan McDermid/Reuters)Reuters - The state's highest court on Wednesday sided with former New York Stock Exchange chief Richard Grasso in his efforts to throw out key parts of a lawsuit seeking the return of more than $100 million of his pay.


    -- read full article
    Wed, 25 Jun 2008 17:14:43 GMT - Yahoo! News: Stock Markets News
    NY's top court affirms dropping 4 claims against Grasso (AP)
    AP - New York's top court backed a lower court in throwing out four of the state's six claims against former New York Stock Exchange Chairman Richard Grasso's $187.5 million compensation package, saying the attorney general at the time had exceeded his authority. -- read full article
    Wed, 25 Jun 2008 17:50:41 GMT - Yahoo! News: Stock Markets News
    Market adds to gains after Fed decision (Reuters)

    Traders work on the floor of the New York Stock Exchange, June 24, 2008. (Brendan McDermid/Reuters)Reuters - Stocks added to gains on Wednesday after the Federal Reserve held a key interest rate steady.


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    Wed, 25 Jun 2008 18:23:51 GMT - Yahoo! News: Stock Markets News
    Stock index bounces as financials gain (Reuters)

    People attend a market open ceremony for the Toronto Stock Exchange at the TSX Broadcast Centre in Toronto June 20, 2008. REUTERS/Mark BlinchReuters - The Toronto Stock Exchange's main index turned positive on Wednesday afternoon as strong financials overshadowed falling resource shares shortly after the U.S. Federal Reserve held interest rates steady, as expected.


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    Wed, 25 Jun 2008 18:26:08 GMT - Yahoo! News: Stock Markets News
    SEC proposes reduced reliance on credit raters (Reuters)
    Reuters - Securities regulators proposed weaning investors and Wall Street institutions from over-reliance on credit ratings, part of changes to the rating industry prompted by the subprime mortgage crisis. -- read full article
    Wed, 25 Jun 2008 18:41:59 GMT - Yahoo! News: Stock Markets News
    Stocks up after Fed leaves rates unchanged (AP)

    Traders work on the floor of the New York Stock Exchange, June 24, 2008. (Brendan McDermid/Reuters)AP - Stocks gained Wednesday after the Federal Reserve left interest rates unchanged and issued a mixed but unsurprising assessment of the economy.


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    Wed, 25 Jun 2008 18:45:30 GMT - Yahoo! News: Stock Markets News
    Market drops as data, UPS fan economic fears (Reuters)

    Traders work on the floor of the New York Stock Exchange, June 23, 2008. (Brendan McDermid/Reuters)Reuters - Stocks fell on Tuesday, on concerns about the economy after a report showed consumer confidence hit a 16-year low and as a profit warning from United Parcel Service stoked fears about corporate results.


    -- read full article
    Tue, 24 Jun 2008 20:34:50 GMT - Yahoo! News: Stock Markets News
    NYSE Euronext buys 25 pct stake in Doha exchange (AP)
    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
    Tue, 24 Jun 2008 20:47:48 GMT - Yahoo! News: Stock Markets News
    Weak resources help pummel TSX (Reuters)

    People attend a market open ceremony for the Toronto Stock Exchange at the TSX Broadcast Centre in Toronto June 20, 2008. REUTERS/Mark BlinchReuters - The Toronto Stock Exchange's main index shed nearly 2 percent on Tuesday, dragged down by skidding resource issues amid investor concerns over the long-term prospects for oil demand.


    -- read full article
    Tue, 24 Jun 2008 21:18:02 GMT - Yahoo! News: Stock Markets News
    Stocks end lower after drop in consumer confidence (AP)

    Traders work on the floor of the New York Stock Exchange June 24, 2008. U.S. stocks extended losses on Tuesday after a report from The Conference Board showed U.S. consumer sentiment sunk to its lowest in 16 years in June.  REUTERS/Brendan McDermid (UNITED STATES)AP - Wall Street ended an erratic session moderately lower Tuesday as concerns grew about the impact of high fuel costs on consumers and corporate profits. Treasury prices rose on the economic uncertainty.


    -- read full article
    Tue, 24 Jun 2008 21:38:37 GMT - Yahoo! News: Stock Markets News
    European shares slump (AFP)

    A stock trader observes the developments in the stock market in Frankfurt, March 2008. Europe's main stock markets have slid as oil prices shot higher toward record highs.(AFP/DDP/File/Thomas Lohnes)AFP - Europe's main stock markets slid on Tuesday as oil prices shot higher toward record highs.


    -- read full article
    Tue, 24 Jun 2008 12:00:37 GMT - Yahoo! News: Stock Markets News
    SEC eyes new rules to limit credit ratings' role: WSJ (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.(SEC)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.


    -- read full article
    Tue, 24 Jun 2008 12:44:43 GMT - Yahoo! News: Stock Markets News
    Wall Street gloom thickens as Fed set to meet (AFP)

    A trader works on the floor of the New York Stock Exchange June 20, 2008 in New York City. 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.(AFP/Getty Images/File/Spencer Platt)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.


    -- read full article
    Tue, 24 Jun 2008 15:29:15 GMT - Yahoo! News: Stock Markets News
    Toronto stocks fall broadly, resources drag (Reuters)
    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
    Tue, 24 Jun 2008 16:13:26 GMT - Yahoo! News: Stock Markets News
    NYSE Euronext buys 25 pct stake in Doha exchange (AP)
    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
    Tue, 24 Jun 2008 16:51:52 GMT - Yahoo! News: Stock Markets News
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