Latest News in Stock Market and Investments – May 11, 2009

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World stocks slip as investors turn cautious – MSN MoneyCentral

11 May 2009 at 3:05am
LONDON (AP) – European and Asian stocks fell Monday as investors booked gains on last week’s rally and turned cautious about claims that the global economy is past the worst and ready to recover. In morning European trading, Britain’s benchmark FTSE …

Hong Kong?s Stocks Decline, Erasing Gains; Yue Yuen Retreats – Bloomberg

11 May 2009 at 2:58am
May 11 (Bloomberg) — Hong Kong stocks fell, erasing gains as investors took advantage of recent advances to sell. Yue Yuen Industrial (Holdings) Ltd. declined after the Hang Seng Index?s compiler removed the stock from the benchmark. Yue Yuen, the …

U.S. Bancorp Announces $2.5 Billion Common Stock Offering – PR Inside

11 May 2009 at 3:41am
U.S. Bancorp (NYSE: USB) announced today that it has commenced a public offering of approximately $2.5 billion of its common stock for sale to the public. The shares will be issued pursuant to a prospectus supplement filed as part of an existing …

My Dumbest Investment – Tulsa World

11 May 2009 at 12:27am
In 2004, a friend told me about a broadband provider that was soon going to go public (via an initial public offering, or IPO) for $1 per share. I bought more than 1,000 shares. The stock tripled, and my friend advised me to sell. But I thought, “We …

GLOBAL MARKETS: European Stocks Seen Opening Modestly Higher – FXStreet.com

10 May 2009 at 11:30pm
LONDON (Dow Jones)–European stocks are expected to open modestly higher, as investors continue to build on last week’s rally, on growing confidence that the global economic recession is starting to bottom. “We’re looking at a slightly higher start …

BB&T announces plan to repay government investment; Plan includes … – Stree…

11 May 2009 at 3:05am
WINSTON-SALEM, N.C., May 11 /PRNewswire-FirstCall/ — BB&T Corporation (NYSE: BBT ) today announced a plan to repay all of its preferred stock and warrants invested in the company through the U.S. Treasury’s TARP Capital Purchase Program. “I am …

Sensex near day?s lows; realty stocks worst hit – Economic Times

11 May 2009 at 12:42am
MUMBAI: Indian indices continued to drag lower Monday as cautious traders were averse to take risky positions ahead of elections results this weekend. Negative opening of European markets also dented sentiments. At 12:50 pm, Bombay Stock Exchange?s …

STOCKS NEWS UK SMALL-Hiscox slips on investment concerns – Life Style Extra

11 May 2009 at 2:36am
Shares in UK-listed insurer Hiscox slip as much as 9 percent on worries about the group’s first-quarter investment performance and profit-taking, despite an otherwise positive trading statement. ‘The stock was up at 8 pct on Friday. (Investors) are …

World markets down as rally runs out of steam – News-Democrat

10 May 2009 at 11:23pm
HONG KONG — Global stock markets retreated Monday, breaking several days of gains, as positive news of fewer job losses in the U.S. was blunted by investors moving to book recent profits. Most Asian markets closed down, with white-hot Chinese and …

Market Report — In Play (ORA) – MSN MoneyCentral

10 May 2009 at 11:02pm
Ormat Tech beats by $0.07, beats on revs; provides revenue guidance for Products and Electricity segments Reports Q1 (Mar) earnings of $0.32 per share, $0.07 better than the First Call consensus of $0.25; revenues rose 43.2% year/year to $99.4 mln vs …

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May 11 2009 03:32 am | Stock Market News

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