TOP 100 FINANCIAL SITES
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| Stocks in Europe close with strong gains, fueled by banks European shares advance as financials make strong gains on deal talk and hopes for a bailout of troubled bond insurer Ambac Financial. feeds.marketwatch.com |
Fed's coordinated liquidity steps boost dollar The dollar gained against the other major currencies Tuesday, bid higher after the Federal Reserve announced it was taking coordinated steps with other central banks to boost liquidity in financial markets. The Fed announced a new temporary lending program that will allow participants in the bond markets to swap the mortgage-backed securities that they can't currently sell for highly liquid Treasurys that they can. The move was seen as lessening the chances of a deeper interest-rate cut at the next meeting of Fed policymakers. feeds.marketwatch.com |
U.S. stocks decline on weak personal spending Wall Street finished lower Friday as U.S. personal spending recorded its weakest growth in 17months. The Commerce Department said Friday that consumer spending edged up by just 0.1 percent last month, the poorest showing since Septe ... english.people.com.cn |
Crude-oil sets new record Crude-oil rose Tuesday to a new trading record of 113.99 dollars a barrel on supply concerns in Russia, Mexico and Nigeria and a weakening dollar. Crude oil for May delivery rallied 2.03 dollars, or 1.8 percent, to close at 113.79 d ... english.people.com.cn |
These stock buys hold the holy grail: cash flow Ann Gilpin, stock analyst for Morningstar Inc., says that investors looking for bargains in the current market need to be looking for companies with “sustained economic advantages” that have strong free cash flow, which is an indicator of ongoing operating strength. feeds.marketwatch.com |