Lehman Brothers collapse

Posted by admin as stock prices

Sep. 15, 2008.
Global markets were reeling Monday after a convulsive day on Wall Street that saw a leading U.S. investment bank file for bankruptcy and other institutes scramble to merge as the credit crunch claimed one of its biggest victims yet.

Stock prices plunged in Asia and Europe in the wake of investment bank Lehman brothers announcing its collapse and Bank of America’s $50 billion buyout of ailing brokerage Merrill Lynch.

This crisis is clearly deeper than anybody had imagined only a short time ago,” Peter Stein, an ociate editor at the Wall Street Journal in Asia, told CNN.

The Dow Jones Industrial Average fell 330 points or 2.9 percent to around 11091 in early trading. In Europe, FTSE index in London declined 3.37 percent while the Paris CAC 40 was down 4.47 percent.

Major Asian indexes were closed but India’s Sensex fell 5.4 percent, Taiwan’s benchmark dropped 4.1, Australia’s key index dropped 2 percent and Singapore fell 2.9.

The turmoil followed a roller-coaster weekend for a Wall Street already concussed by woes at other major financial firms and mortgage-financing titans Fannie Mae and Freddie Mac.

At one point the U.S. Federal Reserve was forced to step in, announcing plans to loosen lending restrictions to the banking industry in an effort to calm markets, while a consortium of 10 leading domestic and foreign banks agreed a $70 billion fund to lend to troubled financial firms.

In an effort to calm market jitters, the European Central Bank on Monday said it has pumped $42.6 billion into money markets. The Bank of England in London also took steps, offering nearly $9 billion in a three-day auction.

Duration : 0:2:17

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Technorati Tags: "Like, 15, 2008, americaLehman, and, bailout, Bank, Banking, Brother, Brothers, collapse, Crash, Earthquake, Economy, Fannie, Fed, Federal, fiat, Freddie, Insolvency, Lehman, Mac, Mae, market, Massive, monetary, of, policy, Reaction., reserve, Sep, stock, the, Western

Lehman Brothers Collapse

Posted by admin as stock prices

Sep. 15, 2008.
Global markets were reeling Monday after a convulsive day on Wall Street that saw a leading U.S. investment bank file for bankruptcy and other institutes scramble to merge as the credit crunch claimed one of its biggest victims yet.

Stock prices plunged in Asia and Europe in the wake of investment bank Lehman brothers announcing its collapse and Bank of America’s $50 billion buyout of ailing brokerage Merrill Lynch.

This crisis is clearly deeper than anybody had imagined only a short time ago,” Peter Stein, an ociate editor at the Wall Street Journal in Asia, told CNN.

The Dow Jones Industrial Average fell 330 points or 2.9 percent to around 11091 in early trading. In Europe, FTSE index in London declined 3.37 percent while the Paris CAC 40 was down 4.47 percent.

Major Asian indexes were closed but India’s Sensex fell 5.4 percent, Taiwan’s benchmark dropped 4.1, Australia’s key index dropped 2 percent and Singapore fell 2.9.

The turmoil followed a roller-coaster weekend for a Wall Street already concussed by woes at other major financial firms and mortgage-financing titans Fannie Mae and Freddie Mac.

At one point the U.S. Federal Reserve was forced to step in, announcing plans to loosen lending restrictions to the banking industry in an effort to calm markets, while a consortium of 10 leading domestic and foreign banks agreed a $70 billion fund to lend to troubled financial firms.

In an effort to calm market jitters, the European Central Bank on Monday said it has pumped $42.6 billion into money markets. The Bank of England in London also took steps, offering nearly $9 billion in a three-day auction.

Duration : 0:3:5

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Technorati Tags: "Like, 15, 2008, and, Brother, Brothers, collapse, Crash, Earthquake, Economy, Fannie, Fed, Freddie, Lehman, Mac, Mae, market, Massive, of, Reaction.americaLehman, Sep, stock, the, Western

Sector Focus: Pulp & Paper Stocks

Posted by admin as shares and stocks

Pulp and Paper Prices Climb; Rock-Tenn Shares Rise Nearly 5% After Yesterday’s Announcement of Price Increases; Temple Inland Shares Falling Nearly 13% YTD; Packaging Corp. of America Shares Down 10% YTD; Smurfit-Stone May Benefit from International Paper

Duration : 0:2:52

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Technorati Tags: bloomberg, Business, Economy, finance, Manufacturing, NASDAQ:SSCC, NYSE:IP, NYSE:PKG, NYSE:RKT, NYSE:TIN, NYSE:WY, Personal, television, tv

Sector Focus: Pulp & Paper Stocks

Posted by admin as shares and stocks

Pulp and Paper Prices Climb; Rock-Tenn Shares Rise Nearly 5% After Yesterday’s Announcement of Price Increases; Temple Inland Shares Falling Nearly 13% YTD; Packaging Corp. of America Shares Down 10% YTD; Smurfit-Stone May Benefit from International Paper

Duration : 0:2:52

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Technorati Tags: bloomberg, Business, Economy, finance, Manufacturing, NASDAQ:SSCC, NYSE:IP, NYSE:PKG, NYSE:RKT, NYSE:TIN, NYSE:WY, Personal, television, tv

Another Bailout

Posted by admin as stock price

Here’s my idea about the 25 Billion dollar bailout proposed for the automobile companies. I really hope people will let me know what they think.

Duration : 0:3:3

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Technorati Tags: 25, Allan, american, auto, automobile, bailout, billion, Brad, bridge, cars, Chrysler, congress, depression, Economy, election, executives, ford, Gas, GM, idea, jet, loan, MPG, obama, pollution, price, prices, private, retool, rich, sex, Sherman, stock, taxpayers, treasury, unemployment

Lehman Brothers collapse

Posted by admin as stock prices

Sep. 15, 2008.
Global markets were reeling Monday after a convulsive day on Wall Street that saw a leading U.S. investment bank file for bankruptcy and other institutes scramble to merge as the credit crunch claimed one of its biggest victims yet.

Stock prices plunged in Asia and Europe in the wake of investment bank Lehman brothers announcing its collapse and Bank of America’s $50 billion buyout of ailing brokerage Merrill Lynch.

This crisis is clearly deeper than anybody had imagined only a short time ago,” Peter Stein, an ociate editor at the Wall Street Journal in Asia, told CNN.

The Dow Jones Industrial Average fell 330 points or 2.9 percent to around 11091 in early trading. In Europe, FTSE index in London declined 3.37 percent while the Paris CAC 40 was down 4.47 percent.

Major Asian indexes were closed but India’s Sensex fell 5.4 percent, Taiwan’s benchmark dropped 4.1, Australia’s key index dropped 2 percent and Singapore fell 2.9.

The turmoil followed a roller-coaster weekend for a Wall Street already concussed by woes at other major financial firms and mortgage-financing titans Fannie Mae and Freddie Mac.

At one point the U.S. Federal Reserve was forced to step in, announcing plans to loosen lending restrictions to the banking industry in an effort to calm markets, while a consortium of 10 leading domestic and foreign banks agreed a $70 billion fund to lend to troubled financial firms.

In an effort to calm market jitters, the European Central Bank on Monday said it has pumped $42.6 billion into money markets. The Bank of England in London also took steps, offering nearly $9 billion in a three-day auction.

Duration : 0:3:38

[ Click here to read more ]

Technorati Tags: "Like, 15, 2008, americaLehman, and, Bank, Brother, Brothers, collapse, Crash, Earthquake, Economy, Fannie, Fed, Freddie, Lehman, Mac, Mae, market, Massive, of, Reaction., Sep, stock, the, Western

Lehman Brothers collapse

Posted by admin as stock prices

Sep. 15, 2008.
Global markets were reeling Monday after a convulsive day on Wall Street that saw a leading U.S. investment bank file for bankruptcy and other institutes scramble to merge as the credit crunch claimed one of its biggest victims yet.

Stock prices plunged in Asia and Europe in the wake of investment bank Lehman brothers announcing its collapse and Bank of America’s $50 billion buyout of ailing brokerage Merrill Lynch.

This crisis is clearly deeper than anybody had imagined only a short time ago,” Peter Stein, an ociate editor at the Wall Street Journal in Asia, told CNN.

The Dow Jones Industrial Average fell 330 points or 2.9 percent to around 11091 in early trading. In Europe, FTSE index in London declined 3.37 percent while the Paris CAC 40 was down 4.47 percent.

Major Asian indexes were closed but India’s Sensex fell 5.4 percent, Taiwan’s benchmark dropped 4.1, Australia’s key index dropped 2 percent and Singapore fell 2.9.

The turmoil followed a roller-coaster weekend for a Wall Street already concussed by woes at other major financial firms and mortgage-financing titans Fannie Mae and Freddie Mac.

At one point the U.S. Federal Reserve was forced to step in, announcing plans to loosen lending restrictions to the banking industry in an effort to calm markets, while a consortium of 10 leading domestic and foreign banks agreed a $70 billion fund to lend to troubled financial firms.

In an effort to calm market jitters, the European Central Bank on Monday said it has pumped $42.6 billion into money markets. The Bank of England in London also took steps, offering nearly $9 billion in a three-day auction.

Duration : 0:3:59

[ Click here to read more ]

Technorati Tags: "Like, 15, 2008, and, Brother, Brothers, collapse, Crash, Earthquake, Economy, Fannie, Fed, Freddie, Lehman, Mac, Mae, market, Massive, of, Reaction.americaLehman, Sep, stock, the, Western

Market Report - Asia Shares Cut Losses

Posted by admin as shares and stocks

ANCHOR:
Seoul shares ended lower after volatile trading today, led by automakers and some banks, with the positive impact of news of a U.S. government-backed bailout of Citigroup lasting only briefly.

Kia Motors plunged nearly 15 percent after South Korea’s No. 2 auto maker said it was paying off 300 million euros worth of debt due on Monday in cash.

Chinese stocks dropped sharply on Monday, led by property shares, as concern about the market’s ability to absorb fresh supplies of equity outweighed optimism over China’s economic stimulus package.

Hong Kong shares fell 1.2 percent, with financial stocks hit as the fate of U.S. banking giant Citigroup remained undecided and on reports of a $3 billion capital raising plan by Standard Chartered.

The benchmark Hang Seng Index ended the morning session 150.68 points lower at 12,508.52.

Taiwan stocks fell a quarter of a percent as technology shares declined ahead of data due out later in the day that is expected to be gloomy.

Investors largely ignored a Wall Street rally as they took cues from losses in other Asian stocks.

Duration : 0:1:20

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Technorati Tags: asia, Economy, KOSPI, market, money, nikkei, ntd, oil, price, report, stock, stocks, trady

Market Report - Asia Shares Cut Losses

Posted by admin as shares and stocks

ANCHOR:
Seoul shares ended lower after volatile trading today, led by automakers and some banks, with the positive impact of news of a U.S. government-backed bailout of Citigroup lasting only briefly.

Kia Motors plunged nearly 15 percent after South Korea’s No. 2 auto maker said it was paying off 300 million euros worth of debt due on Monday in cash.

Chinese stocks dropped sharply on Monday, led by property shares, as concern about the market’s ability to absorb fresh supplies of equity outweighed optimism over China’s economic stimulus package.

Hong Kong shares fell 1.2 percent, with financial stocks hit as the fate of U.S. banking giant Citigroup remained undecided and on reports of a $3 billion capital raising plan by Standard Chartered.

The benchmark Hang Seng Index ended the morning session 150.68 points lower at 12,508.52.

Taiwan stocks fell a quarter of a percent as technology shares declined ahead of data due out later in the day that is expected to be gloomy.

Investors largely ignored a Wall Street rally as they took cues from losses in other Asian stocks.

Duration : 0:1:20

[ Click here to read more ]

Technorati Tags: asia, Economy, KOSPI, market, money, nikkei, ntd, oil, price, report, stock, stocks, trady

Morgan Stanley Shares Drop

Posted by admin as shares

Eric Bolling, Alistair Barr, and George Antonopoulos discuss Morgan Stanley concerns in the market.

Duration : 0:2:6

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Technorati Tags: 500, and, Antonopoulos, apple, Bear, blackstone, bonds, bull, Business, Buy, Crash, diamonds, Economy, expert, Fox, Funds, goldman, google, Guru, Hedge, high, hold, hot, indexes, investing, ipo's, johnson, junk, long, low, manager, managment, market, mastercard, news, picks, qqq, qqqq, S&P, sachs, Sell, spiders, stock, stocks, street, term, visa, wall, WallStreeti.com, wealth, yield