Bloomberg Anywhere Software Support Live Support Feedback
Updated:  New York, May 09 16:52
London, May 09 21:52
Tokyo, May 10 05:52
Search
Symbol Lookup
News

Stocks


Americas

U.S. Stocks Fall, Led by Financial, Commodity Shares; AIG, Freeport Slump U.S. stocks fell, sending the market to its first weekly drop in a month, after American International Group Inc. said it needs to raise $12.5 billion to cover writedowns and concern grew the rally in commodities will end.

AES, Circuit City, First Marblehead, H&R Block, GeoEye: U.S. Equity Movers The following companies had unusual price changes in U.S. markets today. Stock symbols are in parentheses after company names, and prices are as of 4 p.m. in New York.

Canadian Stocks Retreat, as Potash Corp., EnCana Decline; Manulife Rises Canadian stocks fell, led by EnCana Corp. and Potash Corp. of Saskatchewan Inc., on speculation that near- record energy and raw materials prices aren't sustainable.

Bovespa Declines on Interest-Rate Concern, Led by Banks, Lojas Americanas Brazilian stocks fell to the lowest in a week after Lojas Americanas SA, the nation's biggest retailer, reported profit that missed estimates and the highest inflation in two years raised speculation interest rates will rise.

What Recession? Wal-Mart, Hasbro, Ford, Consumer Share Gains Beat S&P 500 What recession?


Europe

European Stocks Retreat on Credit, Oil Concerns; Allianz, ING, BMW Retreat European stocks slumped the most in a month as American International Group Inc.'s record loss and oil's climb above $126 a barrel heightened concern the credit crisis and surging commodity costs will damage corporate profits.

U.K.'s FTSE 100 Declines; Standard Life, Royal & Sun and BA Lead Retreat U.K. stocks fell the most in three weeks, led by insurers and banks, after the U.S.'s American International Group Inc. said it needs to raise capital following record losses and Morgan Stanley downgraded shares of HSBC Holdings Plc.

U.S. Retail Sales, European GDP; BNP Paribas Results: Europe Week Ahead Reports on U.S. retail sales and industrial production, European economic growth and U.K. inflation may move stock markets next week.

Lampert, Wood Reveal Failings of `Concentrated' Stock Hedge Fund Strategy When Jon Wood opened his Monaco-based hedge fund, the former UBS AG trader told investors he'd beat the market by buying stakes in no more than 40 companies -- the same way he made $2.4 billion in six years for his old employer.


Asia

Japan Shares Slump, Snapping 7 Weeks of Gains, on Lower Earnings Forecasts Japanese stocks fell, snapping a seven- week gain, after businesses from Toyota Motor Corp. to Olympus Corp. forecast lower profit, rekindling concern company earnings can't withstand a slowdown in the world economy.

Hong Kong Stocks Drop, Ending Worst Week in Seven for Index; ICBC Declines Hong Kong stocks fell for a third day, driving the benchmark index to its worst weekly performance in seven weeks, on speculation record oil prices will erode earnings and stoke inflation.

Templeton's Mobius Says Korean Stocks to Outperform, Won Is Undervalued South Korea's won, the world's worst performing major currency this year, is undervalued by about 8 percent and the nation's stocks should outperform, said Mark Mobius, who manages emerging-market shares at Templeton Asset Management Ltd.



Sponsored links

 

Related Data