SEC names James Kroeker acting chief accountant (AP)

January 6th, 2009 19:09
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AP - James Kroeker has been promoted to acting chief accountant at the Securities and Exchange Commission to replace the retiring incumbent, the agency announced Tuesday.

Market News

Rice traveling to UN to push Gaza cease-fire (AP)

January 6th, 2009 17:59
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AP - Secretary of State Condoleezza Rice will travel to New York and the United Nations on Tuesday in a bid to broker a sustainable cease-fire as soon as possible to end the crisis in Gaza.

Market News

Was Madoff Jewel Ploy Another Fraud to Save Sons?

January 6th, 2009 17:58
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From ClusterStock.com, Jan. 6, 2009: Given Bernie Madoff's skill at hiding a massive Ponzi scheme for decades, plus his reported obsessive-compulsive attention to details, we need to ask the same question that several readers have asked. ...

Finance

BlackRock’s Doll sees solid 2009 U.S. stocks gains (Reuters)

January 6th, 2009 17:48
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Bob Doll speaks at the Reuters Investment Summit in New York December 8, 2008. (Brendan McDermid/Reuters)Reuters - The U.S. stock market could gain as much 12 percent in 2009 from current levels, despite a recession that will last at least into the first half of the year, a top executive with asset manager BlackRock said on Tuesday.


Business

World stocks advance as oil rises to near $50 (AP)

January 6th, 2009 17:42
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An investor looks at the stock price monitor at a private securities company Tuesday Jan. 6, 2009 in Shanghai, China. Chinese shares rose for a second day Tuesday on investor hopes about government pledges to boost economic growth. The benchmark Shanghai Composite Index jumped 3 percent, or 56.43 points, to close at 1937.05. (AP Photo/Eugene Hoshiko)AP - World stock markets rose Tuesday as the New Year optimism continued amid relatively positive corporate news, particularly from the struggling British retailing sector, and despite some dismal U.S. economic data.


Market News

Talbots shares jump after it secures committed credit (Reuters)

January 6th, 2009 17:15
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Reuters - Talbots Inc shares jumped 24 percent on Tuesday, a day after the women's apparel retailer said it entered into agreements with three banks to secure a total $150 million in committed lines of credit.

Business