STOCK MARKET WATCH, Wednesday June 25 | Thread profile

Advertisements [ ? ] Source: du STOCK MARKET WATCH, Wednesday June 25, 2008 COUNTING THE DAYS DAYS REMAINING IN THE * REGIME 210 DAYS SINCE DEMOCRACY DIED (12/12/00) 2712 DAYS WHERE'S OSAMA BIN-LADEN? 2437 DAYS DAYS SINCE ENRON COLLAPSE = 2728 Number of Enron Execs in handcuffs = 19 ENRON EXECS CONVICTED = 10 Enron execs conveniently deceased = 3 ...

BY FRANK BARBERA, CMT Falling consumer confidence, falling home prices, profit warnings -- all of these are par for the course in a recession. Of course, there is nothing new about any of this, except that Alan Greenspan finally realized that the US may be in trouble with his comment yesterday that we are ‘on the brink’ of a recession. Now talk about a forecasting coup, huh? Now we know why ...

08:30 Durable Orders May Briefing.com 0.3% Consensus 0.0% Prior -0.5% 10:00 New Home Sales May Briefing.com 520K Consensus 510K Prior 526K 10:30 Crude Inventories 06/21 Briefing.com NA Consensus NA Prior -1242K 14:15 FOMC Policy Statement http://www.briefing.com/Investor/Public/Calendars/ Econo...

VIENNA, Austria - Expectations of diminishing U.S. oil supplies and concerns about high fuel costs lessening demand in America kept prices within a narrow band Wednesday, with crude up only slightly over previous closing levels. ..... Light, sweet crude for August delivery was up 37 cents at $137.37 a barrel in electronic trading on the New York Mercantile Exchange by noon in Europe. The ...

Opec president Chakib Khelil has said the cartel of oil producing nations is pumping enough output, and that high prices are down to other factors. He put the current price rises down to other factors outside Opec control, such as US pressure on Iran and the weak US dollar. Mr Khelil was speaking after talks with European Union nations. His comments sent oil prices above $138 a barrel during ...

Pump prices eased slightly in most of the country, including California, but analysts warned that the small respite may be short-lived, especially after oil traded higher Monday in spite of a pledge by Saudi Arabia to increase production. After a weekend summit where producers and oil-consuming nations discussed head-spinning crude prices, Saudi Arabian officials said that they would raise ...

WASHINGTON - Federal Reserve Chairman Ben Bernanke and his colleagues are updating Teddy Roosevelt's admonition to speak softly and carry a big stick. The Fed policymakers are starting to raise their voices while brandishing the stick even though they don't appear ready to use it. When the Fed concludes a two-day meeting on Wednesday, it is widely expected that the central bank will express ...

LONDON - Barclays PLC hopes to raise $8.85 billion through a share issue that will draw in new investment from the Middle East and Asia, the company said Wednesday. The company said the cash would bolster its financial position after losses from the U.S. subprime crisis and allow it to capitalize on current disruptions in financial markets. Barclays is the third big British bank to go to its ...

LOS ANGELES - Bank of America Corp.'s takeover of Countrywide Financial Corp. could be wrapped up as early as next week, but first it must clear one last hurdle — getting the OK from the struggling mortgage lender's shareholders. Countrywide shareholders are scheduled to vote on the proposed buyout Wednesday morning during a special meeting at the lender's headquarters in Calabasas, Calif. The...

CHICAGO - The nation's biggest mortgage lender engaged in "unfair and deceptive" practices to get homeowners to apply for risky mortgages far beyond their means, according to a civil lawsuit Illinois' attorney general planned to file Wednesday. The lawsuit against Countrywide Financial Corp. — planned for the same day shareholders were scheduled to vote on the company's takeover by Bank of ...