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Securities Exchanges & Brokerages

World powers pledge to combat credit crisis

Financial officials from the world's wealthiest industrial countries are pledging decisive action to deal with the biggest upheavals to hit the global financial system since the Great Depression. Treasury Secretary Henry M....

Wachovia Notice Regarding Wells Fargo Transaction

CHARLOTTE, N.C., Oct. 10 /PRNewswire-FirstCall/ -- The Audit Committee of the Board of Directors of Wachovia determined that the delay necessary in securing shareholder approval for the consummation of the stock issuance would...

Overstock CEO Patrick Byrne Sends Open Letter to President Bush

SALT LAKE CITY, Oct. 10 /PRNewswire-FirstCall/ -- Overstock.com, Inc. chairman and CEO Patrick M. Byrne sends an open letter to President George W. Bush. October 10, 2008 Mr. George W. Bush President of the United States of...

Stocks: Time to Slow Things Down?

Market experts consider such steps as banning short-sellers, requiring trading breaks, and setting up exchanges for credit default swaps Photo Illustration By Jay Moorthy/Getty Images As panic-selling tears through...

Sector Snap: Retail brokerages trade mixed

Shares of retail brokerages were mixed Friday as concerns about the ongoing credit crisis continued to plague Wall Street. Frozen credit markets and a loss of confidence in the world's financial system have caused the Dow Jones...

Geologix to Commence Trading on the Toronto Stock Exchange

Geologix Explorations Inc. is pleased to announce it has received final approval for the listing of the Company's common shares on the Toronto Stock Exchange. The Company's shares will be listed and commence trading on the...

California needs investors to buy $4 billion in short-term bonds

Try California. "My overall opinion is that California in general is a good investment," said Tim Smith, president of Roseville-based Smith-Mottini Financial Advisors. On Tuesday and Wednesday, state Treasurer Bill Lockyer will...

KSE, SECP meeting today

Saturday, October 11, 2008 By Salman Siddiqui KARACHI: Board of Directors of Karachi Stock Exchange (KSE) and officials of Securities & Exchange Commission of Pakistan (SECP) are meeting on Saturday morning to decide the future...

Investors Suffering Stock Market Losses as a Result of Holding Over-Concentrated Positions May...

BOCA RATON, Fla., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Many investors may be suffering significant stock market losses in their portfolios as a result of "over-concentration" (for more information, please see...

Stock exchange: Is it time to panic?

WARREN Buffet, according to the Forbes list, is the richest man in the world. He has an estimated wealth of about $62b or more than the size of the East African economy. He has made his money by first investing on the stock...

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