Monthly Archives:  September 2011

  • Market News

    Full Story | 16th September 2011
    European Markets European Markets are called to open positive this morning. Asian Markets The Nikkei Index is trading higher in the current session. US Markets U.S. stocks closed higher for a fourth consecutive day Thursday .
  • RIM Investors Disappointed for Third Quarter

    Full Story | 16th September 2011
    Research In Motion Ltd., struggling to compete against Apple Inc.’s iPhone and iPad, plunged in extended trading yesterday after its earnings report disappointed investors for the third consecutive quarter. “Credibility sinks further,” said Mike Abramsky, .
  • Stock futures dip after four days of gains

    Full Story | 16th September 2011
    Stock index futures were lower on Friday after equities notched four days of gains and as European policymakers gathered to discuss the region’ debt crisis, while Research in Motion weighed on the technology sector after .
  • Stocks Rally May Go On, If Europe Allows It

    Full Story | 15th September 2011
    News that Germany and France are ready to stand by Greece and avoid it leaving the euro helped stocks to rally following a conference call between Angela Merkel, Nicolas Sarkozy and Greek Prime Minister George .
  • UBS Trader in $2 Billion Loss on Unauthorized Trade

    Full Story | 15th September 2011
    Switzerland’ UBS said on Thursday it had discovered unauthorized trading by a trader in its investment bank had caused a loss of some $2 billion. “The matter is still being investigated, but UBS’ current estimate .
  • European Stocks Gain on Backing for Greece

    Full Story | 15th September 2011
    European stocks climbed for a third day as assurance from Germany and France that Greece will remain a member of the euro outweighed a $2 billion trading loss at UBS AG. Asian shares gained and .
  • Market News

    Full Story | 15th September 2011
    European Markets European markets are called to open flat this morning. Asian Markets Asian stocks rose from a one-year low, while gold declined for a second day as German and French leaders said they’re certain .
  • BNP Paribas to Boost Capital Ratio

    Full Story | 14th September 2011
    BNP Paribas (BNP) SA, France’s largest bank, aims to boost its common equity tier 1 capital ratio to 9 percent by the start of 2013 as it scales back U.S. dollar corporate- and investment-banking business. .
  • Moody`s cuts French banks as euro crisis deepens

    Full Story | 14th September 2011
    Moody’ Investors Service cut the credit ratings of France’ Credit Agricole SA and Societe Generale on Wednesday, citing their exposure to Greece’ debt, a fresh blow to euro area leaders struggling to restore confidence in .