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CompareCC News Archive Listing for Stocks and Investing during 2009-01-16.
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Asian stocks gain as US bails out Bank of America
 
AP - Asian stocks rebounded Friday from the previous day's rout, with Tokyo's index gaining nearly 3 percent, as the U.S. bailed out Bank of America again and a weaker yen lifted exporters like Toyota Motor Corp.
World stocks gain as US bails out Bank of America
 
AP - Asian stock markets rebounded Friday from the previous day's rout, with Tokyo's index gaining nearly 3 percent, as the U.S. bailed out Bank of America again and a weaker yen lifted exporters like Toyota Motor Corp. Major European markets opened higher.
HK stocks inch higher as HSBC drags on market
 
AP - Hong Kong' stock index inched higher Friday as the U.S. government extended another lifeline to Bank of America.
Stocks open firmer
 
AFP - London shares opened firmer on Friday, snapping a series of heavy losses in a strong technical rebound sparked by a recovery overnight on Wall Street and gains in Asia.
Wall Street points toward higher opening
 
AP - A relieved Wall Street headed for a sharply higher open Friday after Citigroup Inc. and Bank of America Corp. took significant steps to bolster their balance sheets.
World stocks rally after Bank of America bailout
 
AP - World markets rallied Friday as investors breathed a sigh of relief that Bank of America, the biggest bank in the U.S., has been bailed out by the federal government as it tries to absorb losses from its acquisition of Merrill Lynch.
Johnson Controls swings to 1Q loss
 
AP - Johnson Controls Inc. says it lost $608 million in its first fiscal quarter, citing soft demand from slumping automotive and construction markets and hefty one-time charges.
Wall Street moves higher on Citi, BofA plans
 
AP - A relieved Wall Street advanced in early trading Friday as investors focused on big banks' plans to fix their balance sheets and took in stride billion-dollar losses reported by Bank of America Corp. and Citigroup Inc.
FTSE 100 up at 94.62 at 4,215.73
 
AP - Share prices on the London Stock Exchange were higher at midday Friday.
Bank of America bailout buoys global stocks
 
AP - World markets rallied strongly Friday as investors breathed a sigh of relief that Bank of America, the biggest bank in the U.S., has been bailed out by the federal government as it tries to absorb losses from its acquisition of Merrill Lynch.
Johnson Controls posts 1Q loss
 
AP - Johnson Controls Inc., which makes building and automotive systems, said Friday it lost $608 million in its fiscal first quarter and warned that it expects a loss for this quarter, citing soft demand from slumping automotive and construction markets.
Charles Schwab 4Q profit steady
 
AP - Charles Schwab Corp. said Friday that its fourth-quarter profit matched what it earned in the same period a year ago even as its revenue fell.
Johnson Controls posts loss, shares fall
 
Reuters - Auto parts maker Johnson Controls Inc posted a wider-than-expected quarterly loss on Friday and forecast a similar operating loss in the current quarter, sending its shares down 8.5 percent in premarket trading.
World stocks lifted by Citi, Bank of America plans
 
AP - World markets rose Friday as investors breathed a sigh of relief that Bank of America, the biggest bank in the U.S., has been bailed out by the federal government and that Citigroup Inc. took steps to bolster its balance sheet.
Wall Street unable to sustain rally, turns lower
 
AP - The reality of rising losses at Citigroup Inc. and Bank of America Corp. sank in on Wall Street Friday, making investors increasingly pessimistic about the struggling financial industry and forcing them to give back a big early gain.
London stocks close higher
 
AFP - London shares closed higher on Friday, ending a tough week on a positive note, although Barclays was hit hard late in the day on fears that more banks could need government bailouts.
World stocks hit by banking fears, Barclays slumps
 
AP - World markets were mixed Friday as early euphoria surrounding the bailout of Bank of America Corp. dissipated amid fears that other banks around the world will need fresh capital injections soon.
Wall Street seesaws after banks report big losses
 
AP - Wall Street seesawed Friday as investors tussled with concerns about the ongoing turmoil in the banking industry and its impact on the economy but also placed bets on a range of consumer and industrial stocks. The major indexes were up in late trading after changing direction several times.
Recession in Britain likely to be confirmed next week
 
AFP - Recession is likely to become official in Britain next week when data is expected to show that the economy contracted for a second straight quarter in the final three months of 2008.
Wall Street rebounds after banks report big losses
 
AP - Wall Street has managed its second straight comeback, but the rebound was more a sign of the market's turmoil than strength.
Earnings Preview: TD Ameritrade to report Tuesday
 
AP - TD Ameritrade Holding Corp. is scheduled to report its fiscal first-quarter results before the market opens Tuesday. The following is a summary of developments and analyst opinion about the period.
Dismal bank earnings presage more trouble ahead
 
AP - The hemorrhaging among the nation's biggest banks was supposed to have subsided after the government doled out $350 billion in federal bailout money last fall. That hasn't happened.

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