Archive for the ‘Market Stats’ Category

UPDATE 1-U.S. bond futures tumble after takeover of GSEs

Monday, September 8th, 2008

* T-bond futures tumble after U.S. takeover of GSEs * Heightened credit risk wipes out last week's gains * Rate futures hit, imply Fed hike by end-1st qtr 2009 (Updates market actions, adds quote) ...

Hedge fund Paulson to weigh buying bank stocks: report

Monday, September 8th, 2008

NEW YORK (Reuters) - Paulson & Co, a prominent New York hedge fund, will weigh buying shares or convertible bonds in banks and other financial institutions that need capital, the Financial Times reported on its website on Sunday. John Paulson, its founder, remained ...

FACTBOX-Global supply chain for Boeing’s 787

Monday, September 8th, 2008

Sept 8 (Reuters) - A strike by machinists at Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) almostcertainly means that the troubled 787 Dreamliner will fall further behindschedule. The project, which is key to Boeing's financial future, is alreadyaround 18 months behind the original delivery ...

UPDATE 1-Pimco’s Gross-GSE takeover should help housing, economy

Monday, September 8th, 2008

(Updates with background, adds byline) By Jennifer Ablan SAN FRANCISCO, Sept 7 (Reuters) - Pimco's Bill Gross saidon Sunday that the U.S. Treasury's takeover of Fannie Mae(FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, ...

Venezuela to host Russia navy exercise in Caribbean

Monday, September 8th, 2008

CARACAS (Reuters) - Several Russian ships and 1,000 soldiers will take part in joint naval maneuvers with Venezuela in the Caribbean Sea later this year, exercises likely to increase diplomatic tensions with Washington, a pro-government newspaper reported on Saturday. Quoting Venezuela's naval intelligence ...

Venice hails cinema’s comeback king Mickey Rourke

Monday, September 8th, 2008

By Mike Collett-White and Silvia Aloisi VENICE (Reuters) - Eleven days of red carpet galas, 21 films in competition and countless interviews, photo calls and parties at the Venice film festival boiled down to just one man in the end -- Mickey Rourke. ...

Fannie, Freddie stocks likely to fall after bailout news

Monday, September 8th, 2008

By Paritosh Bansal NEW YORK, Sept 7 (Reuters) - The U.S. government's decisionto grab control of Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz)has one very clear consequence: stockholders will feel pain. ...

US July machine tool demand drops sharply from June

Monday, September 8th, 2008

WASHINGTON, Sept 7 (Reuters) - Demand for the machine toolsthat shape metal for products such as car engines andrefrigerators plunged in July from June, two groups said in ajoint report on Sunday. U.S. July machine tool demand fell 21.5 percent to ...

WRAPUP 4-U.S. seizes Fannie, Freddie, aims to calm markets

Monday, September 8th, 2008

* U.S. government takes over Fannie Mae, Freddie Mac * Move is aggressive bid to help battered housing market * Regulator to operate companies until stabilized * CEOs at both companies replaced (Adds analysis, ...

US GSE bailout necessary step to calm market -HKMA

Monday, September 8th, 2008

By Tamora Vidaillet BASEL, Sept 7 (Reuters) - Hong Kong welcomes moves by theU.S. government to seize control of mortgage finance firmsFannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.N: Quote, Profile, Research, Stock Buzz) as this shouldstabilise ...