Money Central Logo Money Central
1
The U.S. dollar recovers from earlier losses versus most major counterparts Monday, as U.S. stocks fall on worries that the financial sector will come under more pressure from loan losses, prlongongin problems in the U.S. economy.



1
Many financial advisers and do-it-yourself investors feel like they have taken a double whammy: Not only have they been hit by the sliding market, but the stock pickers who run many of their mutual funds woefully underperformed the broader market.



1
Canadian equities fall for a second session, tracking losses on Wall Street, as disappointing economic data and falling commodity prices sour investor sentiment.



1
Shares of major U.S. banks declined and pressured the broader market after an influential analyst cautions that loan losses in the sector are likely to grow more severe than they did during the Great Depression.



1
Treasury prices hold onto slim gains Monday, supported as the Federal Reserve purchases $2.53 billion in Treasurys maturing between 2016 and 2026.



1
Citigroup Inc. on Monday names Mike Corbat as chief executive of Citi Holdings, the unit that includes brokerage and asset management.



1
HONG KONG (MarketWatch) -- Asian markets maintained their upward momentum Monday, brushing aside doubts about the U.S. economy and news of North Korea's missile launch over the weekend.



1
Australian Treasurer Wayne Swan wants banks to pass along any future reductions in interest rates to their customers, as much as possible.



1
Four bidders remain in the race to buy Satyam Computer Services Ltd. , the Economic Times reported on its Web site Monday, citing people familiar with the situation. Private equity firm Apax Partners has pulled out of the race, the Web site reported the people as saying. Engineering firm Larsen & Toubro Ltd. , IT services firm Tech Mahindra Ltd. , billionaire investor Wilbur Ross and U.S.-based Cognizant Technology Solutions have signed non-disclosure agreements, a pre-requisite for due diligence, the Web site reported.



1
Fidelity Investments Japan Ltd. increases its holdings of Japanese stocks, with buying accelerating since mid-March, according to a published report citing the company’s most recent large-shareholdings report to Japanese financial authorities.



Join Our Newsletter:


What is Money Central?

Money Central is an online community of people interested in making money online, personal finance management, and all other things related to money, capitals, and investing. Here you can publish news, share information, vote for or against stories or comments contributed by other project members.

Latest Comments
Money Central RSS Subscribers