Latest News in Stock Funds Markets – May 20, 2009
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Gold surges by Rs 200 as stock market melts – Economic Times
20 May 2009 at 4:13am
NEW DELHI: Gold prices on Wednesday surged by Rs 200 at Rs 14,580 per 10 gram in the national capital on emergence of buying by stockists as investors preferred to shift funds from the melting stock markets to bullion. Marketmen said the upsurge in …
Volatile markets impact Norwegian state oil fund – Earthtimes
20 May 2009 at 3:51am
Oslo – The fund that invests income from Norway’s petroleum and gas riches for future pensions on Wednesday posted a 4.8 per cent drop in its first-quarter return, and said international markets remained volatile. The drop in return equalled 66 …
Surprise drop in housing data checks market?s rise – Las Vegas Sun
20 May 2009 at 12:24am
A record low in housing construction has investors doubting the economy again. Stocks closed narrowly mixed in light trading Tuesday as the surprise drop in construction and a cautious outlook from retailer Home Depot Inc. led energy and utility …
Surprise drop in housing data checks market’s rise – Kerala Next
19 May 2009 at 11:34pm
NEW YORK ? A record low in housing construction has investors doubting the economy again. Stocks closed narrowly mixed in light trading Tuesday as the surprise drop in construction and a cautious outlook from retailer Home Depot Inc. led energy and …
Evergreen Solar Announces $60 Million Public Offering of Common Stock – PR In…
20 May 2009 at 3:44am
Evergreen Solar, Inc. (?Evergreen Solar?) (Nasdaq: ESLR) announced today that it has commenced a $60 million public offering of its common stock. Evergreen Solar expects to grant to the underwriter a 30-day option from the date of the final …
Air France Turns to BOC Aviation to Fund New Aircraft (Update1) – Bloomberg
20 May 2009 at 2:04am
May 20 (Bloomberg) — Air France-KLM Group, Europe?s biggest airline, has turned to BOC Aviation of Singapore to help finance jetliner purchases as its traditional lenders tighten credit, Chief Executive Officer Pierre-Henri Gourgeon said. Air …
COLUMN-Time for China to act on foreign listings: Wei Gu – Reuters
20 May 2009 at 4:49am
HONG KONG, May 20 (Reuters) – China has talked about plans to allow foreign companies to float on its domestic stock markets for at least a decade, but that’s all there has been: talk. Now would be a good time to convert some of that talk into action …
London Stock Exchange reports full-year loss of US$553 million – News1130.com
20 May 2009 at 1:14am
LONDON – The London Stock Exchange on Wednesday reported a full-year loss of 338 million pounds (US$553 million) as it absorbed a heavy charge and one-off losses related to its takeover of Borsa Italiana. The loss for the year ending March 31 …
Market ends flat despite resource surge – Australian Broadcasting Corp.
20 May 2009 at 1:00am
The Australian share market closed little changed after a strong rise in mining stocks was offset by falls in the manufacturing and retail sector. The ASX 200 finished only 0.2 per cent higher at 3,825, and the All Ordinaries index was 8 points …
Forex Market Update: U.S. Dollar, Japanese Yen Bounce Back Against … – Dai…
19 May 2009 at 11:19pm
The JPY gained ground during the Asian session, partly aided by the GDP number which though poor at -4% for Q1, was better than expectations of -4.2%. JPY gains on the back of the data, and further EUR/JPY selling from Japanese life companies and …
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May 20 2009 04:19 am | Stock Market News
