Latest News in Stock Market and Investments – Dec 14, 2009

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Dubai gets $10B from Abu Dhabi to cover debt – Wyoming Tribune-Eagle

14 Dec 2009 at 4:45am
Abu Dhabi’s stock market jumped 7.8 percent. Stocks in Asia rebounded from earlier losses after Dubai’s announcement. Fahd Iqbal, a Dubai-based analyst at Middle East investment bank EFG-Hermes, said the rally was to be expected but urged caution. “

Beware of new stock funds, especially fads – Newark Advocate

14 Dec 2009 at 4:53am
This time of year, there are plenty of new funds on the market. Currently, investors can choose from 7,762 stock, bond and money market funds, according to the Investment Company Institute, the … stocks that were popular in the 1960s and ’70s.

Economies in Atlantic Canada set for growth: RBC Economics – Stockhouse

14 Dec 2009 at 3:05am
All four Atlantic Canada provinces are set to experience growth in 2010, after successfully weathering the recession’s negative impact on key export sectors during 2009, according to a new report by RBC Economics. “While many challenges will remain …

Dubai’s government says it gets $10 billion from Abu Dhabi to cover … – Sto…

14 Dec 2009 at 3:41am
… financial and trade creditors, employees and our citizens that our government will act at all times in accordance with market principles and internationally accepted business practices,” Sheik Ahmed bin Saeed Al Maktoum, chairman of the Dubai …

Reliance Comm Selling FLAG, U.S. Units – Private Equity Hub

14 Dec 2009 at 4:38am
BEIJING/MUMBAI (Reuters) – India?s Reliance Communications (RLCM.BO) is looking to sell its undersea fiber optic network and U.S. network businesses, hoping to raise around $3 billion in cash, three sources with direct knowledge of the matter said …

Rising Inflation Pulls Indian Market Lower – RTT News

14 Dec 2009 at 4:24am
The wholesale price-based inflation jumped to 4.78% in November from a year earlier versus 1.34 percent in October, mainly due to higher prices, government data showed on Monday. Earlier in the day, stocks opened mostly unchanged before bouncing back …

Benchmark Journal Releases Updated Reports on Financial, Consumer … – Genet…

14 Dec 2009 at 5:00am
… market conditions warrant, WLT is well positioned to… In addition to that we believe the company disciplined internal focus on costs and returns leaves XTO on… We believe JCI has the financial strength to accelerate its investments …

Futures Climb as Abu Dhabi Bails Out Dubai – Yahoo Finance

14 Dec 2009 at 4:10am
Stocks were poised for a strong open Monday after the government of Abu Dhabi said it would provide $10 billion to help cover part of Dubai’s debt obligations, ending a point of concern for worldwide investors since Thanksgiving. Wall Street also is …

World stocks up on $10 billion rescue for Dubai – NewOrleans.Com

14 Dec 2009 at 3:55am
Earlier in Asia, most stock markets rose with the notable exception of Japan’s Nikkei, which closed down 2.19 points at 10,105.68 as investor optimism was weighed down by a fairly sluggish Tankan busines confidence survey – it showed only a modest …

Quantum MF sees Sensex at close to 22,000 by June 2010 – MoneyControl.com

14 Dec 2009 at 4:45am
… outlook on the market … stocks which are attractively priced even at this point. Even if you look at their long term earnings potential they definitely look attractive to me. So I am still bullish on the power stocks, we have investments in …

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December 14 2009 04:49 am | Stock Market News

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