Stocks gain on Fed move
October 8, 2008
The Federal Reserve’s unusual move to ease credit for businesses lifted U.S. stocks at Tuesday’s open.
The Dow Jones industrial average (INDU) bounced above the […]
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Monthly Archive October, 2008
BNP Paribas takes stake in Fortis
October 7, 2008
French banking giant BNP Paribas will take a 75% stake in the remaining operations of troubled bank Fortis NV, the Belgian government announced Sunday.
Prime […]
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Insurers dive on Reid’s ‘bankrupt’ quote
October 6, 2008
Several big life insurance stocks fell sharply Thursday, dragged down by jitters about their role in the credit crisis and fears sparked by a […]
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TSX devoid of IPOs in third quarter
October 4, 2008
Not a single initial public offering was done on the Toronto Stock Exchange in the third quarter, according to a regular survey released Thursday, the […]
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Banks Borrow Most in Three Days at Emergency Rate
October 3, 2008
Banks borrowed more than 15 billion euros from the European Central Bank at its emergency rate for a third day yesterday, pushing the amount […]
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Citigroup buys Wachovia bank assets for $2.2B
October 1, 2008
Citigroup will acquire the banking operations of Wachovia for $2.2 billion in an all-stock deal announced Monday, following much speculation over the weekend about […]
finance - Comments closed