Latest News in Stock Market and Investments – Feb 2, 2009

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Rio Tinto talks to Chinalco about minority stakes – International Herald Tribune

1 Feb 2009 at 4:51pm
SYDNEY : Rio Tinto said Monday it is talking with Aluminum Corp. of China about the Chinese company buying minority stakes in some of its operations ? a move that could provide a big capital injection as the mining giant struggles to pay down its …

Stock & fund quotes – ninemsn

2 Feb 2009 at 12:29am
SINGAPORE, Feb 2 (Reuters) – Gold fell more than 2 percent on Monday after rallying to a near four-month high around $930 an ounce last week, led by selling from speculators in China and bankers in Australia, dealers said. Gold rose 5.6 percent in …

China?s Stocks Gain on First Trading Day After Lunar New Year – Bloomberg

1 Feb 2009 at 11:25pm
Feb. 2 (Bloomberg) — China?s stocks rose on the first day of trading after the Lunar New Year holidays as the government pledged support measures for the farming industry and gold rose. Gansu Yasheng Industrial (Group) Co. , a holding company with …

CalPERS investment chief sees ‘no place to hide’ in the markets – Los Angeles…

1 Feb 2009 at 9:16pm
Reporting from Sacramento — There doesn’t appear to be a lot of philosophical or practical daylight between Joseph A. Dear, the new chief investment officer of the country’s largest public pension fund, and the labor-oriented board that hired him …

Asian Stocks Fall as Earnings Concern Deepens; Hitachi Tumbles – Bloomberg

2 Feb 2009 at 12:22am
Feb. 2 (Bloomberg) — Asian stocks dropped for a second day, led by financial and technology companies, as losses at Hitachi Ltd. and Mizuho Financial Group Inc. fueled concern the global recession is deepening. Hitachi , the world?s third-largest …

5 Stocks That Are Swimming in Cash – The Money Times

1 Feb 2009 at 10:13pm
For those companies that survived this first wave, the really bad news is that debt will still require repayment, employees will still want their paychecks, and electricity bills will still fall on their doorstep every month. Companies need cash …

Market Mover – American Reporter

1 Feb 2009 at 11:25pm
BOCA RATON, Fla. — The thoughts below were written three years and one month ago. No one cared about my ideas. On local and national radio for more than 14 years I made the same health care warning loud and clear to anyone who would listen. I’ll try …

5 Green Stocks for a Bad Economy – US News and World Report

1 Feb 2009 at 9:59pm
Green investments mostly turned an unfortunate shade of red in 2008, and this year hardly looks better. Dried-up lending and slumping demand continue to hit the fledgling industry hard as investors flee from companies offering some of the most …

Area high schools’ investment in personal finance grows – Atlantic City Press

2 Feb 2009 at 12:15am
When Bart Simpson got a credit card by mail, he immediately began splurging on mail-order purchases, leading to the inevitable visit from the Repo Depot. “What were some of the mistakes he made?” Absegami High School teacher Dawn Kosko asked students …

Saudi Arabia to pursue economic reforms to woo investment – MENAFN

1 Feb 2009 at 11:32pm
(MENAFN – Arab News) Despite the global financial crisis, Saudi Arabia remains adamant in pursuing economic as well as structural reforms that promote privatization, and develop a business-friendly environment which will attract foreign and private …

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February 02 2009 12:38 am | Stock Market News

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