Latest News in Stock Funds Markets – June 17, 2009

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Getting Back Into the Stock Market – Biloxi Sun Herald

17 Jun 2009 at 3:11am
Five-Time Book Author, Richard Ferri, Advocates a Low Cost Strategy Using Index Funds and ETFs TROY, Mich., June 17 /PRNewswire/ — After a 40 percent meltdown during 2008 followed by another 25 percent plunge in prices through March, the stock …

UPDATE 1-Market Chatter — Corporate finance press digest – Reuters

17 Jun 2009 at 1:24am
LONDON, June 17 (Reuters) – The following corporate finance-related stories involving U.S. and European companies were reported by media on Wednesday: * Ocado, a British online grocery retailer, is considering a flotation on the stock exchange next …

‘Labour governments are bad for the stock market’ – Daily Telegraph

17 Jun 2009 at 4:30am
When the Labour Party was elected in 1997, I wrote in this diary something to the effect that this would be a bad influence on share prices. Soon after, I received a letter from a reader saying that I was quite wrong and that the record showed that …

Lincoln Raises $600 Million, Prices Stock Sale at $15 a Share – Bloomberg

17 Jun 2009 at 4:16am
June 17 (Bloomberg) — Lincoln National Corp. , the life insurer that?s taking about $950 million in U.S. aid, raised $600 million selling shares to private investors. The insurer offered 40 million shares at $15 each, according to a statement …

Funds to shut nuclear plants fall short – Forbes

17 Jun 2009 at 3:33am
VERNON, Vt. — The companies that own almost half the nation’s nuclear reactors are not setting aside enough money to dismantle them, and many may sit idle for decades and pose safety and security risks as a result, an Associated Press investigation …

U.S. Stock-Index Futures Fluctuate; Citigroup, JPMorgan Gain – Bloomberg

17 Jun 2009 at 2:50am
June 17 (Bloomberg) — U.S. stock futures drifted between gains and losses, following the steepest two-day slump in the Standard & Poor?s 500 Index since April. Citigroup Inc. and JPMorgan Chase & Co. advanced more than 1 percent in Germany as …

U.S. fund eyes stake in SOS Cuetara -paper – Forbes

17 Jun 2009 at 12:26am
MADRID, June 17 (Reuters) – U.S. fund Overture Acquisition Corporation wants to invest 200 million euros ($278 million) buying a stake in Spanish SOS Cuetara, El Economista reported on Wednesday, citing a letter from Overture to SOS. The investment …

Financial whiz kid shares investing tips – Newark Star-Ledger

17 Jun 2009 at 3:11am
When brothers Alfred and Brian Frank decided to start a business together, they didn’t have an ice cream shop on their minds. Their passion is the stock market. So, they created a mutual fund in their dorm room at New York University. “Investing is …

Lincoln National prices offer at $15 per share – CNBC

17 Jun 2009 at 4:01am
PHILADELPHIA – The insurer Lincoln National Corp. has priced a stock offering of 40 million shares at $15 per share. The price diclosed late Tuesday represents a less than 1 percent discount from Tuesday’s closing price of $15.06. Lincoln National …

The stock has support at Rs 325 and one can place a stop loss there. – Sify

16 Jun 2009 at 11:36pm
11:55 AM: Omaxe Ltd has informed that its wholly owned subsidiary Omaxe Infrastructure & Construction Pvt Ltd, has bagged construction contracts worth Rs 128.34 crore from U P Projects Corporation Ltd (a UP Government Undertaking). Omaxe has gained 4 …

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June 17 2009 04:05 am | Stock Market News

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