The dollar closed mixed on Friday, sharply lower versus the yen but higher against the pound. The G-20 leaders said they will keep stimulus measures as long as needed and reduce economic imbalances in trade and savings. The G-20 will also raise banks’ capital requirements and force banks to tie… more from... »
Archive for September 26th, 2009
Yen Strengthens on Non-Intervention Talk, US Data Mixed
We start today with a look at the Yen, which strengthened in today’s trading against its rivals. The Dollar-Yen pair, after rising to a level of resistance yesterday, slid almost 200 pips from there. The pair fell below the 90 level for the first time in seven months. The catalyst… more from... »
Recovery angst, RIM’s results hit Wall Street (Reuters)
Stocks fell for a third straight day on Friday on disappointing housing and durable goods data, while Research In Motion’s lackluster results dented optimism about technology spending. more from source »
Business Highlights (AP)
World leaders lined up Friday behind sweeping promises to fix a malfunctioning global economic system in hopes of heading off future financial meltdowns. For now, they said, they would keep stimulus programs going “until recovery is assured.” more from source »
Freddie Mac CFO to receive $5.5M pay package (AP)
Freddie Mac’s new chief financial officer, lured from the banking industry this month, is receiving a pay package worth up to .5 million. more from source »
KB Home, Sara Lee, Brunswick are among big movers (AP)
The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange: NYSE: more from source »
Wall Street Closes Lower For The Week As Traders Cash In On Recent Gains
Stocks lingered in negative territory for the majority of the session on Friday, posting moderate losses following the release of a mixed batch of economic data. The major averages all closed in negative territory, although well off of their worst levels of the day. After declining for three straight sessions, the major averages all... »
Free Infrastructure Engineering Training – Sponsored Link
Ad – Free eSeminars for civil, structural engineers, architects & CAD managers. more from source »
Business bootcamp: Veterans train to be entrepreneurs
(McClatchy-Tribune Informa) Two local veterans will participate in an entrepreneurial “boot camp” being offered by Oklahoma State University’s Spears School of Business. And it’s not too late for other vets with service-connected disabilities to apply more from source »
Be Inspired. Be an entrepreneur.
DIT Hothouse in conjunction with Dublin City Enterprise Board (DCEB) are proud to present the 2009 series of live interviews… Date: Friday 16 October Where: Gleeson Theatre, DIT Kevin Street Time: 12.45 – 2.00 12:45 – 12:50 Tom Flanagan, Head of more from source »