U.S. Stocks Drop, Led by Commodity Producers; Financials Gain
By Eric Martin
March 19 (Bloomberg) — U.S. stocks retreated, led by
energy and mining companies, as oil dropped more than $4 a
barrel and gold plunged the most in almost two years.
[...]
European Stocks Decline, Led by Ericsson and Deutsche Telekom
By Sarah Thompson
March 19 (Bloomberg) — European stocks fell, led by
technology and telecommunications companies, after Ericsson ABs
handset unit said profit will decline and Deutsche Telekom AG
predicted a slide in domestic earnings.
[...]
Japan Stocks Surge on U.S. Brokerage Earnings, Dollars Rally
By Masaki Kondo and Toshiro Hasegawa
March 19 (Bloomberg) — Japanese stocks surged after U.S.
investment bank earnings eased concern more global brokerages
will fail and a Federal Reserve interest-rate cut led to the
dollars biggest [...]
U.K. Stocks Fall, Led by HBOS, EasyJet, Mitchells %26amp; Butlers
By Adam Haigh
March 19 (Bloomberg) — U.K. stocks dropped, led by HBOS
Plc on speculation the U.K.s biggest mortgage lender may have
funding problems. Royal Bank of Scotland Group Plc and HSBC
Holdings Plc [...]
Asian Stocks Advance Most in Month on Fed Rate Cut, Earnings
By Chua Kong Ho
March 19 (Bloomberg) — Asian stocks rose the most in a
month after the Federal Reserve cut interest rates and China
Mobile Ltd. reported higher-than-expected earnings, easing
concern that slowing [...]
U.K. Stocks Fall, Led by HBOS, EasyJet, Mitchells %26amp; Butlers
By Adam Haigh
March 19 (Bloomberg) — U.K. stocks dropped, led by HBOS
Plc on speculation the U.K.s biggest mortgage lender may have
funding problems.
EasyJet Plc slumped [...]
By Joseph A. Giannone
NEW YORK (Reuters) - Morgan Stanley (MS.N: Quote, Profile, Research) reported sharply
lower quarterly earnings on Wednesday after absorbing $2.3
billion of write-downs, but resilient trading results helped
the No. 2 U.S. investment bank beat Wall Street’s reduced
expectations by a wide margin.
By several measures, Morgan had the best [...]
By Joseph A. Giannone
NEW YORK (Reuters) - Morgan Stanley (MS.N: Quote, Profile, Research) reported sharply
lower quarterly earnings on Wednesday after absorbing $2.3
billion of write-downs, but resilient trading results helped
the No. 2 U.S. investment bank beat Wall Street’s reduced
expectations by a wide margin.
By several measures, Morgan had the best [...]
NEW YORK, March 19 (Reuters) - Credit spreads of contracts
that insure the debt of U.S. brokers were mixed on Wednesday
after Morgan Stanley reported quarterly earnings that topped
estimates and several banks tested a new program allowing them
to borrow directly from the Federal Reserve.
Morgan Stanley’s (MS.N: Quote, Profile, Research) credit default [...]
NEW YORK (Reuters) - Investment banks Goldman Sachs Group Inc (GS.N: Quote, Profile, Research), Lehman Brothers Holdings Inc (LEH.N: Quote, Profile, Research) and Morgan Stanley (MS.N: Quote, Profile, Research) are testing a new program that allows investment banks to borrow directly from the Federal Reserve, according to people at the banks.
In [...]
