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    Stock Markets Headlines
    Dow's bear market run spells trouble for Wall St. (Reuters)

    With the Dow sliding into a bear market on Wednesday, the dark days on Wall Street are far from over, amid record oil prices, struggling consumers and the never-ending credit crisis. (Graphics/Reuters)Reuters - With the Dow sliding into a bear market on Wednesday, the dark days on Wall Street are far from over, amid record oil prices, struggling consumers and the never-ending credit crisis.


    -- read full article
    Wed, 02 Jul 2008 22:49:22 GMT - Yahoo! News: Stock Markets News
    Shares tumble worldwide on "Super Thursday" (Reuters)

    Traders work on the floor of the crude oil feature pit of the New York Mercantile Exchange, June 30, 2008. (Lucas Jackson/Reuters)Reuters - A global sell-off knocked world shares to a five-month low on Thursday as surging oil fanned concerns about inflation and slowing growth, just hours ahead of an expected euro zone interest rate hike and a key U.S. jobs report.


    -- read full article
    Thu, 03 Jul 2008 08:44:08 GMT - Yahoo! News: Stock Markets News
    More offerings for China and Hong Kong (FT.com)
    FT.com - Stock exchanges in China and Hong Kong are set to shrug aside the market uncertainty and host a further 86 initial public offerings in the second half of 2008, according to an authoritative study published yesterday. -- read full article
    Wed, 02 Jul 2008 14:35:30 GMT - Yahoo! News: Stock Markets News
    Stocks extend losses as oil hits record (Reuters)

    Traders work on the floor of the New York Stock Exchange January 28, 2008. (Brendan McDermid/Reuters)Reuters - Stocks extended losses on Wednesday as the price of oil hit a record, exacerbating concerns about the toll that soaring oil is taking on the economy and corporate profits.


    -- read full article
    Wed, 02 Jul 2008 18:40:15 GMT - Yahoo! News: Stock Markets News
    Stocks drop after new record for oil prices (AP)

    A window of Marks & Spencer is seen at a branch in London, Wednesday, July 2, 2008. Shares in food and clothing retailer Marks & Spencer PLC plummeted Wednesday after the company reported that like-for-like sales in its home market fell 5.3 percent in the first quarter, another sign of Britain's slowing economy. Shares were down 21.9 percent at 248.5 pence (US$4.97) in early trading on the London Stock Exchange, and the company said the head of its food business was leaving immediately. (AP Photo/Sang Tan)AP - Stocks gave up a brief rally Wednesday and resumed their sell-off after oil hit a new record and factory orders showed the weakest performance in three months in May.


    -- read full article
    Wed, 02 Jul 2008 18:45:56 GMT - Yahoo! News: Stock Markets News
    GM's sales surprise lifts Wall St., Starbucks up late (Reuters)

    Traders work on the floor of the New York Stock Exchange January 28, 2008. (Brendan McDermid/Reuters)Reuters - U.S. stocks rose on Tuesday, after embattled automaker GM surprised Wall Street with stronger-than-expected June sales and financial shares reversed earlier losses as investors scoured for bargains, overshadowing concerns about record oil prices.


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    Tue, 01 Jul 2008 21:02:26 GMT - Yahoo! News: Stock Markets News
    NY drops claims against Grasso after court defeat (AP)

    In this Jan. 10, 2007 file photo, former New York Stock Exchange Chairman Richard A. Grasso leaves the state Supreme Court in Manhattan after a hearing on his $187.5 million compensation package. The Appellate Division of State Supreme Court concluded Tuesday, July 1, 2008 that Grasso should be entitled to the entire compensation package. (AP Photo/Mary Altaffer, File)AP - The four-year legal battle over former NYSE Chairman Richard Grasso's $187.5 million compensation package ended Tuesday when a New York appeals court dismissed claims against him of excessive pay and the state's top prosecutor said the case was closed.


    -- read full article
    Tue, 01 Jul 2008 21:04:16 GMT - Yahoo! News: Stock Markets News
    Wall Street zigzags on first day of 3rd quarter (AP)

    Traders work on the floor of the New York Stock Exchange January 28, 2008. (Brendan McDermid/Reuters)AP - Wall Street began the third quarter with an erratic session and modest gain Tuesday after a mix of news made it clear the country is still deep in economic problems but may have some positive trends — including some better than expected sales for General Motors Corp.


    -- read full article
    Tue, 01 Jul 2008 21:35:25 GMT - Yahoo! News: Stock Markets News
    Ex-NYSE chief can keep 100-million-dollar payout: court (AFP)

    (An appeals court Tuesday gave former New York Stock Exchange (NYSE) chief Richard Grasso, pictured in 2003, a total victory Tuesday, dismissing all claims seeking reimbursement of a contested 100-million-dollar severance payout.(AFP/NYSE/File)AFP - An appeals court Tuesday gave former New York Stock Exchange (NYSE) chief Richard Grasso a total victory by dismissing all claims seeking reimbursement of a contested 100-million-dollar severance payout.


    -- read full article
    Tue, 01 Jul 2008 22:30:07 GMT - Yahoo! News: Stock Markets News
    Grasso case "over" as court dismisses claims (Reuters)

    Former NYSE Chairman Richard Grasso listens to questions during an interview with Reuters in New York, September 7, 2006. (Brendan McDermid/Reuters)Reuters - Former New York Stock Exchange chief Richard Grasso won a knockout victory on Tuesday in his four-year fight to keep every last penny of his $187.5 million pay package, as an appeals court threw out the state's remaining claims against him.


    -- read full article
    Tue, 01 Jul 2008 22:48:27 GMT - Yahoo! News: Stock Markets News
    Nikkei hits longest losing streak in 43 years (Reuters)

    A man looks at an electronic stock index board in Tokyo June 30, 2008. (Kim Kyung-Hoon/Reuters)Reuters - The Nikkei average fell 1.3 percent on Wednesday to hit its longest losing streak in more than 40 years, as worries about the global economy hit exporters such as Canon Inc (7751.T).


    -- read full article
    Wed, 02 Jul 2008 07:03:36 GMT - Yahoo! News: Stock Markets News
    European shares dive as inflation worries bite (AFP)

    A trader standing in front of an index board at the stock exchange in Frankfurt in March 2008. Europe's main markets slumped, the start of the third quarter, as oil prices jumped back toward record highs, fuelling worries about rising inflation.(AFP/DDP/File/Martin Oeser)AFP - Europe's main markets slumped on Tuesday, the start of the third quarter, as oil prices jumped back toward record highs, fuelling worries about rising inflation.


    -- read full article
    Tue, 01 Jul 2008 10:36:08 GMT - Yahoo! News: Stock Markets News
    Real Estate: Making the REIT Picks (BusinessWeek Online)
    BusinessWeek Online - After a great run, real estate investments have suffered over the past year, with the average real estate mutual fund down 18%, according to Morningstar. David Lee has managed the $2.5 billion T. Rowe Price Real Estate Fund (NASDAQ:TRREX - News) since it opened in October 1997, so he has seen tough times before. In the two years after the fund started, shares of real estate investment trusts (REITs) lost almost 20%, even as the Standard & Poor's 500-stock index raced ahead 50%. "Even my family was calling up saying they were going to disown me," Lee jokes. -- read full article
    Tue, 01 Jul 2008 12:08:41 GMT - Yahoo! News: Stock Markets News
    Banking woes, oil fears hit global markets (Reuters)

    A man looks at an electronic stock index board in Tokyo June 30, 2008. (Kim Kyung-Hoon/Reuters)Reuters - The second half of 2008 got off to a brutal start for equity investors on Tuesday as worries about the banking sector battered European stocks while inflation fears increased with oil over $142 a barrel.


    -- read full article
    Tue, 01 Jul 2008 12:29:23 GMT - Yahoo! News: Stock Markets News
    London shares remain low (AFP)

    Traders outside the London stock exchange. Blue chips remained at lower levels midafternoon, dragged down by the banking sector amid fears of profit warnings, with Wall Street lower on the back of ongoing concerns over rising oil prices.(AFP/File/Shaun Curry)AFP - Blue chips remained at lower levels midafternoon, dragged down by the banking sector amid fears of profit warnings, with Wall Street lower on the back of ongoing concerns over rising oil prices.


    -- read full article
    Tue, 01 Jul 2008 16:30:27 GMT - Yahoo! News: Stock Markets News
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