|
Select
Example Headline of Genre for Date
Asian markets fall sharply on banking sector woes
AP - Asian stocks tumbled Tuesday, with Japan's benchmark losing more than 2 percent, as Royal Bank of Scotland's massive loss renewed jitters about the health of global banks amid a protracted economic slump.
Australian stock index falls more than 3 percent
AP - Australia's stock market fell more than 3 percent Tuesday as the global financial crisis brought further bad news in the form of declining commodity prices and bank losses in Europe.
Hong Kong stock index drops nearly 3 percent
AP - Hong Kong' stock index dropped almost 3 percent Tuesday as HSBC Holdings PLC led declines in banking shares.
Asian markets fall on banking woes; Europe gains
AP - Asian stocks tumbled Tuesday, as a fresh round of jitters about the health of major banks eclipsed any optimism ahead of Barack Obama's inauguration as U.S. president. European markets opened higher following a sell-off the day before.
Wall Street points toward lower opening
AP - Fears of a spreading global banking crisis unnerved Wall Street Tuesday, setting the market up for a lower opening. Investors were reacting to news that the Royal Bank of Scotland forecast a $41.3 billion loss for 2008 and that the British government would again bail banks out.
Banks crisis haunts markets as Obama steps up
AFP - Worsening fallout from the global banking collapse sent stock markets reeling on Tuesday amid fresh symptoms of the economic crisis facing Barack Obama as he is sworn in as US president.
FTSE-100 index up 9.54 at 4,118.01
AP - Share prices on the London Stock Exchange were higher at midday Tuesday.
European stocks steady ahead of Obama inauguration
AP - European stock markets were steady Tuesday as the upbeat inauguration of Barack Obama helped offset gloom in the banking sector, while Asian markets tumbled as financial stocks took a beating.
Wall Street falls amid further banking worries
AP - Fears of a spreading global banking crisis weighed on Wall Street early Tuesday, sending stocks down sharply. The major indexes fell 1 percent.
European stocks helped by Obama inauguration
AP - European stock markets were mostly higher Tuesday as the upbeat inauguration of Barack Obama helped offset gloom in the banking sector, although Wall Street was expected to drop as traders return to their desks following the long weekend in the U.S.
Johnson & Johnson 4Q profit rises 14 percent
AP - Health care products maker Johnson & Johnson's fourth-quarter profit rose 14 percent, topping Wall Street forecasts, but the company expects weaker results in 2009.
TD Ameritrade 1Q profit falls 23 pct, cuts outlook
AP - Online brokerage TD Ameritrade Holding Corp. said Tuesday its first-quarter profit dropped 23 percent, cut its outlook for the year because of the nation's economic problems and said it would reduce costs by about $60 million.
State Street reports rising unrealized losses, shares tumble
Reuters - State Street Corp , a leading institutional money manager, said quarterly earnings fell 71 percent and unrealized losses rose in its commercial paper program and investment portfolio, sending its shares down 37 percent in premarket trading.
Lee Enterprises 1Q profit falls as ad sales drop
AP - Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, said Tuesday its fiscal first-quarter earnings tumbled 69 percent as the nation's recession exacerbated advertising declines.
Saudi prince's firm loses $8.3B in 4Q
AP - Saudi Prince Alwaleed's Kingdom Holdings says it lost more than $8 billion in the final three months of last year mostly due to stock market declines.
State Street shares plummet on 2009 outlook
AP - State Street Corp. shares dove to a 13-year low on Tuesday after the commercial bank reported a 71 percent drop in fourth-quarter earnings and warned of a difficult year ahead.
Earnings preview: Google faces turning point in 4Q
AP - Internet search leader Google Inc. is scheduled to report its fourth-quarter results after the stock market closes Thursday. The following is a summary of key developments and analyst opinion related to the period.
State Street unrealized losses climb, stock falls
Reuters - State Street Corp , the world's largest money manager for institutions, said quarterly earnings fell sharply and unrealized losses jumped in its commercial paper program and investment portfolio, sending its shares tumbling 50 percent.
London stocks fall
AFP - The London stock market ended in the red again on Tuesday amid concerns about the banking sector and an economic slowdown.
Banking gloom hits world markets despite Obama
AP - World stock markets fell sharply Tuesday as ongoing gloom surrounding the banking sector offset any optimism generated by the inauguration of Barack Obama as president.
Saudi's Kingdom Holding posts $8.3 billion Q4 loss
Reuters - Kingdom Holding Co, owned by Saudi billionaire Prince Alwaleed bin Talal, posted a $8.26 billion net loss in the fourth quarter after a dive in the value of its assets, which include a substantial stake in Citigroup.
Stocks tumble on fresh worries about banks
AP - The dawn of the Obama presidency could not shake Wall Street from its dejection over the banking industry's growing problems.
Nasdaq extends losses on large-cap tech weakness
Reuters - The Nasdaq composite extended losses and fell more than 4 percent on Tuesday, weighed down by a sell-off in large-cap technology companies, including Apple , Microsoft and Google .
World stocks lower as Obama takes oath
AFP - Global stock markets extended losses on Tuesday as growing concerns about the health of the banks and financial system undercut the feel-good factor inspired by the inauguration of Barack Obama.
Earnings Preview: AMD to report 4Q amid layoffs
AP - Advanced Micro Devices Inc. reports fourth-quarter results after the market closes Thursday. Below is a summary of key developments and analyst opinion related to the period.
A look at Wall Street's moves on Inauguration Days
AP - The Dow Jones industrial average typically falls on presidential Inauguration Days. Tuesday's steep drop in the blue chips 332.13 points or 4.01 percent, was the worst in the post-war era.
Bank of NY Mellon 4Q profit plunges 95 percent
AP - In an effort to ease investors' mounting concerns about the stability of the financial sector, Bank of New York Mellon Corp. issued its fourth-quarter earnings report on Tuesday two days ahead of schedule.
Bank of NY Mellon quarterly profit falls 88 percent
Reuters - Bank of New York Mellon Corp said on Tuesday that fourth-quarter profit tumbled 88 percent, hurt by securities losses and pressure on fees as client assets declined.
SEC chairman Cox resigns
AP - The chairman of the Securities and Exchange Commission under outgoing President George W. Bush, Christopher Cox, resigned on Tuesday as the new president took office.
Latin American stocks fall, track world downturn
AP - Latin American stocks fell sharply Tuesday, tracking U.S. and world markets on concerns about a continued slumping economy.
Asia stocks track US down after Obama inauguration
AP - Asian stock markets dropped Wednesday, with Japan's benchmark down nearly 1 percent, as concern that rising bank losses will cripple the world economy overshadowed the inauguration of U.S. President Barack Obama.
| 
