Regulators seize Ill.-based Bank of Lincolnwood; 37th bank failure of 2009
Date: Friday, June 5, 2009
Regulators seize Ill.-based Bank of Lincolnwood; 37th bank failure of 2009
6/5/2009 6:27:52 PM EDT
BFSA - Blog for Sino-American 中 美 网 >> http://sinoam.blogspot.com
Date: Friday, June 5, 2009
Regulators seize Ill.-based Bank of Lincolnwood; 37th bank failure of 2009
6/5/2009 6:27:52 PM EDT
Date: Friday, June 5, 2009
Stocks lock in week's rally, with Dow up 3% and Nasdaq rising 4%
6/5/2009 4:15:15 PM EDT
Date: Friday, June 5, 2009
Surge since early March suggests new bull run
The 13-week surge that followed the stock market's early March lows
ranks second only to the bull run that followed the Great Depression
and is among less than 20 similar rises for the Dow Jones Industrial
Average – statistics that are giving one investment strategist hope
for a new bull market.
INTENSE JOB DESTRUCTION MODERATES IN MAY
The U.S. unemployment rate jumps to a 26-year high of 9.4% in May as
345,000 payroll jobs are lost, the Labor Department reports. The drop
in payrolls comes in much lower than forecast, but the jobless rate
runs hotter than economists had expected.
FRIDAY'S BIGGEST GAINING AND DECLINING STOCKS
Rio Tinto, Guess, DuPont and Boston Properties are among the stocks
moving in Friday's action.
Date: Friday, June 5, 2009
Energy stocks trade lower as investors weigh the implications of a
better-than-expected U.S. jobs report against flat oil prices and
prospects for fresh oil and gas regulations in Washington.
Date: Friday, June 5, 2009
Oil hits 7-month high atop $70 a barrel
6/5/2009 8:37:36 AM EDT
Date: Friday, June 5, 2009
U.S. lost 345,000 jobs in May, fewest losses since September;
unemployment rate rises to 25-year high of 9.4%.
Date: Friday, June 5, 2009
U.S. stocks open higher after fewer jobs lost in May than expected
6/5/2009 9:32:52 AM EDT
Date: Thursday, June 4, 2009
SEC accuses Countrywide founder Angelo Mozilo of insider trading that
brought him $140 million in profit.
Date: Thursday, June 4, 2009
Stocks close near session highs, led by energy, financial and tech
shares. Dow climbs 75 points. Nasdaq, S&P 500 up about 1%.
Date: Thursday, June 4, 2009
Stocks in focus for Thursday
Among the companies whose shares are expected to see active trade in
Thursday's session are Ciena, Guess and Cooper.
EUROPE SHARES CHOPPY, OIL PRODUCERS OFFSET MINERS
European shares edged higher in a choppy session on Thursday, as gains
for oil producers offset losses from mineral extractors, with
uncertainty about the economic backdrop persisting.
COMMODITY STOCKS DRAG ON ASIAN MARKETS
Most Asian equity markets stage a retreat Thursday, with resource stocks
leading the fall after an overnight pullback in commodity prices.
ECB, BANK OF ENGLAND LEAVE RATES UNCHANGED
The European Central Bank will begin purchases of covered bonds next
month, ECB President Jean-Claude Trichet said Thursday, embarking on
an unconventional and controversial round of monetary policy making in
an effort to boost credit flow within the 16-nation euro zone.
DOLLAR SLIPS VS. EURO AFTER ROSY ECB FORECAST
The dollar edges down against the euro, gains on the pound after
European andU.K. central banks meet.
Date: Thursday, June 4, 2009
Stocks edge up as investors digest positive reading on weekly jobless
claims, look ahead to monthly employment report.
Date: Thursday, June 4, 2009
New Jobless Claims Drop to 621,000; Continuing Claims Also Fall for
First Time in 20 Weeks [8:35 a.m. ET]
Date: Wednesday, June 3, 2009
Stocks' four-day rally ends. Mixed readings on economy and wary
outlook from Fed's Bernanke send markets into the red.
Date: Wednesday, June 3, 2009
Oil falls $2.43 to settle at $66.12 after a weekly government report
says crude supplies rose unexpectedly.
Date: Wednesday, June 3, 2009
Stock investors look to Friday's unemployment data
Stock investors on Wednesday paused from a streak of gains to consider
the impact of Friday's jobs report, and whether a decline in the
magnitude of bad news would be enough to sustain Wall Street's recent
momentum.
BERNANKE SEES GRADUAL RECOVERY, LOW INFLATION
Federal Reserve Board Chairman Ben Bernanke tells Congress that a
gradual recovery remains on track for this year, and inflation would
remain low given the slow pace of recovery.
CITI CUTS ITS STANCE ON RUSSIAN EQUITIES
Citigroup cut its stance on the Russian equity market to underweight from
overweight, saying its massive rally over the past three months means
valuations are no longer cheap.
INDEX SIGNALS RETURN TO GROWTH FOR U.K. SERVICES
Purchasing managers in Britain's services sector
reported the first rise in activity in 13 months in May, according to a
closely-watched index released Wednesday. See full story.
INDEX SIGNALS RETURN TO GROWTH FOR U.K. SERVICES
Purchasing managers in Britain's services sector
reported the first rise in activity in 13 months in May, according to a
closely-watched index released Wednesday.
Date: Wednesday, June 3, 2009
Private-sector jobs fell 532,000 in May - worse than expected but
better than in April - says payroll-processing firm ADP.
Date: Wednesday, June 3, 2009
Oil prices extend decline after government reports surprise increase
in crude stockpiles.
Date: Wednesday, June 3, 2009
Princeton University on Lockdown After Reports of a Gunman on Campus
[11:17 a.m. ET]
Date: Wednesday, June 3, 2009
Bernanke says economic contraction slowing, but likely job losses and
other concerns remain; U.S. budget problems must be addressed.
Date: Wednesday, June 3, 2009
Stocks open lower, with three major indexes sliding despite some
positive signs in the job market.
Date: Tuesday, June 2, 2009
Wall Street closes with a gain as a hopeful housing report and
better-than-expected auto sales help stocks edge higher.
Date: Tuesday, June 2, 2009
U.S. stocks, taking a page ripped out of the pre-financial crisis
commodities playbook, are increasingly looking to China's strength for
the next leg of the current rally.
Date: Tue, 2 Jun 2009 09:32:04 -0400
Stocks edge lower at open as investors await key home and auto sales
data. Dow eases 8 points.
Date: Tue, 02 Jun 2009 10:12:24 -0400
U.S. pending-home-sales index up for third straight month
6/2/2009 10:01:15 AM EDT
Date: Tue, 2 Jun 2009 10:34:08 -0400
Dow adds to gains, briefly rises above last year's closing level of 8,776.39.
Date: Tue, 2 Jun 2009 09:32:04 -0400
Stocks edge lower at open as investors await key home and auto sales
data. Dow eases 8 points.
Date: Monday, June 1, 2009
Stocks surge almost 230 points as investors are encouraged by a
strongerthan-expected manufacturing report, shrugging off GM's woes.
Date: Monday, June 1, 2009
Oil surges $2.27 to settle at $68.58 a barrel as stock market rallies.
Dow up over 200 points with about an hour of trading left.
Date: Monday, June 1, 2009
Date: Monday, June 1, 2009
GM and Citigroup out of blue-chip Dow; Cisco, Travelers join index
6/1/2009 9:17:28 AM EDT
Subject: Obama: GM has come up with a "viable, achieveable" plan to
Obama: GM has come up with a "viable, achieveable" plan to survive.
Date: Monday, June 1, 2009
GENERAL MOTORS FILES FOR BANKRUPTCY
General Motors Co. files for bankruptcy Monday morning, after months of
speculation and attempts by the government to help the 100-year-old company.
QUARTER MILLION JOBS COULD BE LOST IN BANKRUPTCIES
Once-mighty GM has shrunk so much that its bankruptcy may be hardly
noticed by an economy that has much bigger problems.
BANKRUPTCY JUDGE OK'S CHRYSLER SALE TO FIAT
The revamped Chrysler could exit bankruptcy as soon as Monday after a
U.S.bankruptcy court overseeing its Chapter 11 proceeding cleared a $2
billion transaction in connection with the deal involving Italy's
Fiat.
FORD'S SURVIVAL STRIKES A CHORD WITH CONSUMERS
The specter of a potential bankruptcy from
General Motors Corp. has given rival Ford Motor Co. a leg up in recent
monthsas new-car shoppers have leaned toward the more stable of the
two companies.
Date: Monday, June 1, 2009
Dow extends surge, up by 200 points, after GM files for bankruptcy and
new economic reports show strength.
Date: Sunday, May 31, 2009
Commodity-related companies are among the big winners in Asian trade,
finding support from hefty gains in prices for oil and metals over the
past month. But not all analysts are sure that the strength is built
on stable ground.
Date: Sunday, May 31, 2009
U.S. providing GM with $30 billion financing; bankruptcy to last 60-90 days
5/31/2009 10:01:00 PM EDT
Date: Sunday, May 31, 2009
U.S. to get 60% stake in GM and invest $30B in new bailout funds – 8
a.m. ET bankruptcy planned. Obama to address nation at noon.
Date: Sunday, May 31, 2009
GM to file bankruptcy Mon. a.m.; will name Al Koch as restructuring
officer - WSJ
5/31/2009 4:30:20 PM EDT