TOP 100 FINANCIAL SITES
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| Oil Jumps Above $100 on Refinery Outage NEW YORK (AP) -- Oil futures shot higher Tuesday, closing above $100 for the first time as investors bet that crude prices will keep climbing despite evidence of plentiful supplies and falling demand. At the pump, gas prices rose further above $3 a gallon.... hosted.ap.org |
Washingon Mutual falls on credit, profit caution Shares of Washington Mutual Inc. dropped as much as 10% Thursday, taking a double-barreled hit from Bear Stearns projecting a wider 2008 loss and from Standard & Poor's Ratings Services downgrading its long-term counterparty credit rating. feeds.marketwatch.com |
Nikkei ends 2% higher Japan's benchmark Nikkei stock index advanced sharply Tuesday. The 225-issue Nikkei Stock Average gained 265.13 points, or 2.12 percent, from Monday to 12,745.22, its highest close since March 12. The broader Topix index of ... english.people.com.cn |
GE Posts Lower 1Q Profit, Cuts Outlook HARTFORD, Conn. (AP) -- Normally reliable General Electric Co. shocked investors with a nearly 6 percent decline in its first-quarter profit and slashed its earnings forecast for the full year. That sent its own shares down 10 percent and the broader market sharply lower on renewed worries about the weakening economy.... hosted.ap.org |
Europe Markets: Banking strength lifts Europe to another day of gains The banking sector helped European shares to gain ground for the fourth session in a row on Monday, amid growing hopes that asset write-downs may have peaked, while oil firms and miners also performed solidly. feeds.marketwatch.com |