Asian Markets Mostly Trade In Negative Territory
Asian markets are mostly trading weak on Wednesday with the overnight negative close on Wall Street and lingering concerns about debt worries in the eurozone prompting investors to tread cautiously. Investors are also seen tracking economic reports from the region for the near term trend.
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Laura Mandaro, Paul Vigna and Dennis Berman discuss whether today’s big rally in stocks was overdone, as the Dow erased all of its November losses, and what that could mean for the market in coming days.
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Is the White House’s deficit-reduction commission filled with oil bulls? The potential impact of a proposal to eliminate last-in-first-out, or LIFO, accounting for inventories could be significant.
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Sunshine doesn’t hurt after all. Bank shares leapt Wednesday despite the Federal Reserve’s detailed disclosure of who got $3.3 trillion of emergency lending during the crisis.
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The Federal Reserve disclosed the extent to which it supported foreign banks and U.S.-based investment banks Goldman Sachs and Morgan Stanley in the worst days of 2008, and the breadth of its lending to other firms.
View full post on WSJ.com: Deals & Deal Makers
U.S. stocks jumped 249.76 points, recovering all of November’s losses on the first day of December. There was a raft of good news from the domestic economy, as well as from China and Europe. All 30 of the Dow’s component stocks and all 10 of the S&P 500’s sectors were in positive territory.
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Research and Markets: Japan Commercial Banking Report Q4 2010
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/027d7f/japan_commercial_b) has announced the addition of the “Japan Commercial Banking Report Q4 2010″ report to their offering. Business Monitor International’s Japan Commercial Banking Report provides industry professionals and strategists, corporate analysts, banking …
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Bulls re-emerge amid new hopes that labor conditions have bottomed, Barrons.com’s Bob O’Brien reports.
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Investors in Redbox parent Coinstar undoubtedly breathed a sigh of relief after news of third-quarter same-store sales growth. But the recovery wasn’t entirely due to higher sales at outlets open at least a year, the usual definition of same-store sales.
View full post on WSJ.com: Heard on the Street
Glaxo is nearing a deal to buy Nanjing MeiRui Pharma Co., a Chinese drug company.
View full post on WSJ.com: Deals & Deal Makers