Wall Street extended its big advance Monday as investors grew upbeat over a revised agreement that will give Bear Stearns Cos. shareholders five times the payout than was outlined in a deal a week ago. Investors were also pleased by a stronger-than-expected housing report.
Monday, 24 March 2008
Stocks Cap Volatile Week With Big Gains
Wall Street capped a volatile week with a big advance Thursday, rebounding from a steep sell-off as investors sought bargains and cheered a milder-than-expected drop in a regional manufacturing report.
PM to lay foundation stone for 1500 MW project
Commodity Online NEW DELHI: Prime Minister Manmohan Singh will lay the foundation stone for the 1500 mw Pragati Phase III gas based power plant ,to come up at an estimated cost of Rs 4,500 crore in West Delhi.
16 funds that star in bear markets
These stock funds weathered the 2000-02 downturn, and their resilience is shining through again. A screen helped find winning funds with bear-tested managers.
Saturday, 22 March 2008
US Treasury says Feds Bear actions help all investors
WASHINGTON (Reuters) - The Federal Reserves actions to lend billions of dollars to prop up and sell off ailing brokerage Bear Stearns will help all Americans by stabilizing capital markets, a senior U.S. Treasury official said.
An elite investment that cuts taxes
Exchange-traded notes look like mutual funds and ETFs, but theyre a form of the derivatives that big-money investors use for things like sheltering income. That advantage makes them worth a look.
Catering to the bailout nation
Heres where building bubbles on top of bubbles has brought us. Instead of letting the market work and creative destruction run its course, too many people want a handout.
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