|
|
|
||||||||||||||||||||||||
|
||||||||||||||||||||||||
|
|
|||||||||||||||||||||||
|
|
|
Bush Plans Statement Today to `Assure' Nation. Bloomberg - Oct. 10 -- President George W. Bush will addressthe nation this morning to tell Americans they should remain``confident'' amid falling stock markets and a worldwide creditcrisis, administration spokeswoman Dana Perino said. London stocks slump again to near 10.0% loss. The London stock market plunged by almost 10.0 percent again on Friday, after fresh falls on Wall Street, as investors continued to fret over the worldwide financial crisis. Financial crisis will be resolved: Bush. US President George W. Bush insisted on Friday the raging global financial firestorm would be put out as panic-stricken markets suffered more staggering losses. Swaggers turn to shudders a year after market high. Just a year ago, investors were swaggering as the stock market surged to an all-time high. Now, almost everyone on Wall Street and Main Street seems to be shuddering amid a frightening reversal of fortune that has erased $8.3 trillion in shareholder wealth in the past 366 days. Oil prices dive to one-year lows as stock markets slide. Oil prices slumped Friday to one-year lows under 80 dollars per barrel, striking 75 dollars in London, amid a global equities meltdown that sparked fears over demand for energy, traders said. G7 pledges urgent, decisive action as markets reel. Finance chiefs of the world's major economies pledged on Friday to take decisive action and work together to stem the escalating financial crisis after another day of gut-wrenching drops on world markets. Market ends mostly lower after wild session. The Dow and the S&P 500 dropped for an eighth session on Friday, as a dramatic late-day comeback stalled out to cap the worst week ever for the S&P amid more anxiety about the condition of credit markets and the threat of a global recession. Bush, allies seek to calm jittery investors. President Bush and the worlds financial leaders staged repeated displays of unity Saturday to combat an unfolding credit crisis, hoping to calm investors whose panic has spread despite bold and accelerating government action. Stocks fluctuate as economic worries dog investors. Stocks fluctuated Thursday as Wall Street weighed the prospects for the economy after IBM Corp. McCain, Obama offer dueling ideas to save economy. John McCain and Barack Obama outlined steps to counter the faltering economy and plummeting stock market on Friday, fresh evidence of the dominant role of pocketbook issues in their race for the White.. FTSE 100 index endured worst week since Black Monday crash of 1987. Stock markets worldwide were gripped by fear as London's FTSE 100 Index endured its worst week since the Black Monday crash of 1987. Media stocks fall and Viacom, CBS warn profit down. Entertainment media stocks dropped Friday as Viacom Inc. and CBS Corp. slashed profit forecasts, and Sumner Redstone's theater chain announced it would sell Viacom and CBS shares to pay down debt. Avoiding the Temptation of Beaten-Down Stocks. In troubled times, bargain hunters typically feast on a buffet of beaten-down stocks. But the managers of the First Eagle Overseas are not yet tempted by many new opportunities. Instead, they're mostly nibbling at familiar flavors and adding to existing positions. Beat the Rush to the Banks. As Warren Buffett once said, you never know who's been swimming au naturel until the tide goes out. And as investors have discovered, the U.S. banking system spent the better part of the past decade's housing bubble doing an underwater striptease. Now we're all getting an eyeful as banks,.. Swim Among the Water Stocks. By Laura Cohn The world is facing a growing shortage of fresh water. In fact, dwindling supplies of this most natural of resources are making water nearly as hard to find as oil. That means companies involved in selling, purifying or facilitating the transport of water should be good investments as.. Those Bargain-Hunter Blues. The past year or so has been humbling for most value-fund managers. Many all but missed the commodity boom. Then, to add insult to injury, too many of them bet too heavily on financial stocks, which got pummeled in the credit maelstrom. Publishing Executive Todd Kiplinger, 62. Todd L. Kiplinger, 62, an executive in his family's financial publishing company, died of metastatic melanoma Oct. 4 at his home in Bethesda. As Goes Fertilizer, So Goes the Market? A recession may force consumers to drive less, shop less and buy cheaper items when they do shop, but it won't throw the world into utter starvation. A Fund That's Actually Making Money. The stock market has been such a disaster this year that if you uncover a fund that's made money, you know you've found something out of the ordinary. Hussman Strategic Growth is such a rare bird. Year-to-date through October 3, the fund earned 3% year, a stunning 27 percentage.. A New Economic Agenda. In my long career as an economic journalist and forecaster, I've become known for my steadfast optimism about America's future. |
© Copyright 2004-2008 Googledirect.com
Design and coding Ambler studio design
