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CompareCC News Archive Listing for Stocks and Investing during 2008-11-24.
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Asian stock markets drop amid Citgroup jitters
 
AP - Most Asian stock markets retreated Monday as worries about Citigroup Inc. weighed on financial shares, but pared some losses after the U.S. government unveiled a plan to rescue the troubled banking giant.
Stock market jumps 2.30% when trading begins
 
AFP - London's FTSE 100 index of leading shares rebounded 2.30 percent to 3,867.76 points when trading began on Monday, as the government prepares to announce tax and spending plans for 2009/10.
Asian stocks lower despite US bailout plan for banking giant
 
AFP - Asian stock markets were down Monday amid uncertainty for the world economy despite a US government rescue pledge for global banking giant Citigroup.
China stocks down as rate cut rumors fizzle
 
AP - Chinese shares fell for a third straight session Monday after a hoped-for interest rate cut failed to materialize and euphoria over the government's multibillion-dollar stimulus package all but faded.
Citi rescue plan boosts world shares
 
Reuters - World stocks rebounded on Monday from last week's 5-1/2 year low after the U.S. government unveiled a $300 billion-plus rescue package for banking giant Citigroup, while oil slipped again on demand concerns.
London's FTSE-100 up 175.50 points at 3,956.46
 
AP - Share prices on the London Stock Exchange were higher at midday Monday.
US stocks look to open higher on Citigroup plan
 
AP - Wall Street showed relief early Monday over the government's plan to bail out Citigroup Inc. — a move it hopes will help address some of the uncertainty hounding the financial sector. Stock index futures contracts indicated the market was poised to extend a sharp rally from Friday.
Oil rises near $51, OPEC and equities support
 
Reuters - Oil rose by almost a dollar a barrel on Monday as investors considered the prospect of a further OPEC supply cut and as stock markets rallied following the U.S. government rescue of U.S. bank Citigroup.
European stocks surge ahead of expected US gains
 
AP - European stock markets surged Monday ahead of expected gains on Wall Street later and on relief that the U.S. government is providing a lifeline to ailing banking giant Citigroup Inc. Asian markets underperformed their European counterparts.
London shares jump five percent before key stimulus plan
 
AFP - The London stock market surged more than five percent on Monday, as investors awaited a widely-trailed government stimulus package to boost Britain's flagging economy.
Stock Market Soars On Reports Geithner Will Head Treasury
 
Investor's Business Daily - Reports that President-elect Barack Obama will tap New York Federal Reserve President Timothy Geithner as his Treasury secretary sent stocks soaring Friday.
Campbell Soup 1Q earnings down 3.7 percent
 
AP - The Campbell Soup Co. says its first-quarter profit fell 3.7 percent, but its sales rose as people bought more condensed soup.
Insight: The bear's about to roar
 
FT.com - Before we all are swept away into total despair, let's take a step back and imagine what could get stocks around the world going up for a while. Bear in mind that I am hedge fund manager, have been wrong on the severity and duration of this panic, and that at this moment I am close to shore. In other words - I have little risk on.
Oil rises to above $53
 
Reuters - Oil rose by more than $3 a barrel on Monday as investors considered the prospect of a further OPEC supply cut and as stock markets rallied following the U.S. government rescue of U.S. bank Citigroup.
US, European stocks surge on Citigroup bailout
 
AP - European stock markets surged Monday as Wall Street opened higher on relief that the U.S. government is providing a lifeline to ailing banking giant Citigroup Inc. Asian markets underperformed their European counterparts.
Campbell profit beats estimates
 
Reuters - Campbell Soup Co posted a higher-than-expected profit on robust domestic soup sales, but warned investors that a stronger U.S. dollar would hurt its full-year earnings.
London FTSE leaps record 9.8%
 
AFP - The FTSE index of leading shares jumped 9.84 percent on Monday, the biggest one-day percentage gain in its history, as the government announced a huge economic stimulus package.
Britain's FTSE posts record rise; banks, miners soar
 
Reuters - Britain's top share index posted its biggest-ever one-day percentage rise on Monday, surging 9.8 percent, led by rallies in commodities and banks, and helped by a tax give-away UK pre-budget report. The FTSE 100 index ended 372 points higher at 4,152.96, the day's peak, having bounced from a low of 3,780.96.
US, European stocks soar on Citigroup rescue, govt stimulus
 
AFP - Wall Street and European stock markets soared Monday as investors cheered a massive bailout for US banking giant Citigroup and the prospect of more government money to ease the pain of recession.
Market cuts gains on stimulus plan unease
 
Reuters - Stocks pared gains on Monday as U.S. President-elect Barack Obama offered no details on the size of an economic stimulus plan sought to avert a deep recession, tempering optimism fueled by a government rescue of Citigroup.
European stocks soar on Citigroup rescue, govt stimulus plans
 
AFP - European stock markets soared Monday, posting gains of 10 percent and more as investors cheered a bailout for US banking giant Citigroup and the prospect of more government money to ease the pain of recession.
Campbell warns on full-year profit, shares fall
 
Reuters - Campbell Soup Co warned on Monday that a stronger U.S. dollar would hurt full-year earnings, sending shares down 8 percent after the foodmaker's quarterly profit beat Wall Street expectations by a penny.
Toronto stocks gain on resources, banks
 
Reuters - The Toronto Stock Exchange's main index rose 5 percent on Monday afternoon, with resource issues supported by rising commodity prices and financials lifted by news of the U.S. government's rescue plan for banking giant Citigroup.
European stocks surge after Citigroup bailout
 
AP - European stock markets closed massively higher Monday, with investors buoyed by the bold rescue of Citigroup and the announcement of U.S. President-elect Barack Obama's new economic leadership team.
A look at Campbell Soup Co.'s 1st quarter
 
AP - Here's a look at how Campbell Soup Co.'s divisions performed in its first fiscal quarter:
Global regulators focus on abusive trading: source
 
Reuters - Global securities regulators launched three task forces to study abusive trading, unregulated financial products and unregulated financial entities such as hedge funds, a source briefed on the matter said on Monday.
World stocks surge after Citigroup bailout
 
AP - World stock markets stormed higher Monday on the back of investors buoyed by the rescue of Citigroup and the announcement of President-elect Barack Obama's economic team.
Citi rescue sparks Wall Street surge
 
AFP - Wall Street staged a powerful rally Monday as US government rescue of banking giant Citigroup sparked a second straight session of frenzied buying.
Resources, banks propel TSX higher
 
Reuters - The Toronto Stock Exchange's main index gained 3.5 percent on Monday, with resource issues supported by rising oil prices and the U.S. government's rescue plan for banking giant Citigroup lifting market sentiment, particularly in the financial group.
Oil leaps 9 percent as OPEC, equities support
 
Reuters - Oil surged 9 percent to over $54 a barrel on Monday on expectations that OPEC will cut output again and as stock markets rallied off the U.S. government's plan to rescue U.S. bank Citigroup.
Global regulators focus on abusive short selling
 
Reuters - Global securities regulators launched three task forces to study abusive short selling, unregulated financial products and unregulated financial entities such as hedge funds, the U.S. Securities and Exchange Commission said on Monday.
Securities regulators set up global task forces
 
AP - An international group of securities regulators, including the U.S. Securities and Exchange Commission, agreed Monday to begin work on a coordinated response to several aspects of the global financial crisis.
Gold, other commodities soar on falling dollar
 
AP - Gold and other commodities surged Monday, buoyed by a weakening dollar and a rally on Wall Street that lifted the Dow Jones industrials nearly 400 points.
TSX powers higher on oils, financials
 
Reuters - The Toronto Stock Exchange's main index gained 3.5 percent on Monday, with resource issues supported by rising oil prices and the U.S. government's rescue plan for banking giant Citigroup lifting market sentiment, particularly in the financial group.

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