Archive for October 7th, 2008

Brilliance vehicles shining at Paris motor show

Tuesday, October 7th, 2008

Chinese carmaker Brilliance Auto, a partner of BMW, is showcasing four models of its Zhonghua brand -- Zhonghua Junjie, Zhonghua Zunchi, Zhonghua Coupe and Zhonghua Junjie FRV at the 2008 Paris Motor Show, auto.sina.net said today. ...

Trintech Announces New Version Of ReconNET

Tuesday, October 7th, 2008

Trintech Group Plc (Nasdaq: TTPA), a leading provider of integrated financial governance, transaction risk management, and compliance solutions, today announced the availability of ReconNET 7.5. The newest version of Trintech's reconciliation and account balancing application includes improved security, ...

Shares in British banks plunge

Tuesday, October 7th, 2008

LONDON—British banks' share prices plunged in early trading on Tuesday, as investors worried that the government was not doing enough to boost banks' balance sheets in the financial crisis.Shares at the Royal Bank of Scotland Group PLC, which had its credit rating downgraded by Standard & Poor's on Monday, plummeted ...

TSX down 5.3% at close

Tuesday, October 7th, 2008

Media satellite vans lined up on Toronto's King Street Monday to report on a volatile day on the world's stock markets. (Robin Rowland/CBC)North American stock markets plunged again Monday, driven by economic doubts and concern about the $700-billion US bailout of the American financial system.In both Toronto and New ...

The Best Shorts in the Dow

Tuesday, October 7th, 2008

The Dow Jones Industrial Average is testing 10,000 for the first time in three years. If it breaks, and I think it will, many of its components will offer excellent ...

ICICI Bank, Dish TV launch banking interactive service

Tuesday, October 7th, 2008

ICICI Bank and Dish TV on Tuesday launched interactive banking service, ICICIATIVE, that would enable subscribers to access information on the bank's products and services from their home.Through ICICIACTIVE, Dish TV viewers would get information about various types of ICICI Bank accounts and deposits."The association with Dish TV will ...

S&P Picks and Pans: GE, UBS, Micron, Eli Lilly

Tuesday, October 7th, 2008

S&P MAINTAINS HOLD OPINION ON SHARES OF GENERAL ELECTRIC (GE; 22.27):GE prices a common stock offering of 547.8 million shares at $22.25 per share (about $12 billion), with a potential overallotment of 82.2 million shares (about $1.8 billion). We view equity holders' dilution as substantial, with a potential increase to ...

Wounded Iceland takes over top bank, seeks Russia loan

Tuesday, October 7th, 2008

By Omar Valdimarsson REYKJAVIK (Reuters) - Iceland took over its second largest bank, propped up a battered currency and sought on Tuesday a 4 billion euro ($5.44 billion) loan from Russia to help tackle a crisis threatening to overwhelm the island nation. ...

Fed Mulls Plan to Buy Commercial Paper

Tuesday, October 7th, 2008

Updated from 7:22 a.m. EDT ...

RealMoney: Winning Calls Keep Coming

Tuesday, October 7th, 2008

One of the challenges of being an investor is having the time to do your stock research. What if I told you that we can do all that for you, ...