Latest News in Stock Market and Investments – March 02, 2009 | Stock Market News

Latest News in Stock Market and Investments – March 02, 2009

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Japanese 10-Year Bonds Gain as Slumping Stocks Support Auction – Bloomberg

2 Mar 2009 at 11:19pm
March 3 (Bloomberg) — Japan?s government bonds advanced, ending a two-day loss, after a rout in global stock markets and signs of a deepening recession boosted demand at a 10-year debt auction to the highest in eight months. The 1.9 trillion yen …

GE CEO Immelt buys 50,000 shares as stock tumbles – Arlington Heights Daily H…

2 Mar 2009 at 11:12pm
WASHINGTON — General Electric CEO Jeffrey Immelt bought 50,000 shares of the struggling conglomerate’s stock Monday to demonstrate his confidence in its health even as company shares plummeted to trade at a 16-year-low. Immelt paid $8.26 on each …

Schwarzman?s Pay Falls 99% Amid Blackstone Losses, Stock Drop – Bloomberg

2 Mar 2009 at 10:29pm
March 3 (Bloomberg) — Stephen Schwarzman , co-founder and chairman of Blackstone Group LP , took a 99 percent pay cut last year as the world?s largest buyout firm posted a $1.33 billion loss and its stock fell at almost twice the rate as the …

Haning in there with the market – Daily Oklahoman

2 Mar 2009 at 8:13pm
If you?re still in the market, it?s too late to get out,? Goodman said. “If you?ve gone to cash, it?s too early to get in.? Stocks continue to slide as Wall Street looks for any spark of optimism, Goodman said. Although most observers …

Stock & fund quotes – ninemsn

2 Mar 2009 at 7:44pm
Nikkei hits 4-mth low, in sight of 26-year low * Topix touches 25-year low * Banks down on worry over U.S. financial system * Traders slide after oil tumble * China-linked shares rise on hopes for economy plan (Adds stocks, details) By Elaine Lies …

Shell-shocked investors flee stocks – Los Angeles Times

2 Mar 2009 at 11:19pm
As stock prices tumble to fresh lows, investment strategy is coming down to this: How much pain can you stand? Some investors reached that threshold Monday, when the Dow Jones industrial average fell almost 300 points in a global sell-off and closed …

Stocks: After Dow 7,000, What Next? – BusinessWeek

2 Mar 2009 at 10:00pm
Investors don’t lack ways to measure the carnage on Wall Street . What they’re missing is a way to calculate when the losses will stop. In falling markets, technical analysts look to stock market history for points where buyers might jump back into …

TOPWRAP 1-Australia holds rates steady amid financial storm – Forbes

2 Mar 2009 at 10:57pm
SYDNEY, March 3 (Reuters) – Australia’s central bank kept its interest rates steady on Tuesday, encouraged by signs of the economy’s resilience to the deepening global crisis that battered financial markets and left many companies fighting for …

HOW LOW WILL WALL STREET GO? – Herald Tribune

2 Mar 2009 at 10:50pm
With the two most popular measures of the stock market reaching a point on Monday where they are 50 percent below their bull market peaks, the natural question on everyone’s mind is how much further do we have to go? Click to enlarge There have been …

Market latest: Australia – ninemsn

2 Mar 2009 at 6:54pm
RBA seen more likely to cut rates Tuesday as markets sink * Jan retail sales +0.2 pct, forecasts of -0.6 pct * Q4 net exports add vital 1.5 percentage point to GDP * Q4 public spending surprisingly soft, slight drag on growth By Wayne Cole SYDNEY …

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March 02 2009 10:58 pm | Stock Market News

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