Sec Imposes Ban On Short-selling - Baltimore Sun the federal government has imposed a two-week ban on short-selling of stocks in nearly 800 financial institutions, including several in maryland, to improve investor confidence amid continued turmoil in the stock market. the securities and exchange ... www.baltimoresun.com
Dubai's Difx To Allow Short Selling, Arabian Business Reports sept. 29 (bloomberg) -- the dubai international financial exchange, one of three bourses in the united arab emirates, plans to allow short selling, its chief executive officer jeffrey singer was cited as saying by arabian business. www.bloomberg.com
Two Sides, And Some History, To Short-selling short-selling, in which an investor borrows shares, sells them and hopes to profit if the price falls so they can be repurchased more cheaply, came into focus as a culprit in the recent wall street mess. the securities and exchange commission blocked investors from short-selling 799 financial stocks for 10 business days in hopes of stopping the skid of major financial institutions. www.inrich.com
Asian Markets Nosedive After Us Banking Bailout Rejected - Times Online japanese dealing rooms are steeling themselves for a massive deluge of selling this morning, possibly outdoing the previous night's sell off on wall street, as tokyo markets nosedived 5 per cent within minutes of the opening bell. veteran traders ... www.timesonline.co.uk
Nikkei Hits 3-yr Trough On Crisis Fears, But Off Lows - Guardian Unlimited tokyo, sept 30 (reuters) - japan's nikkei stock average fell nearly 5 percent on tuesday to touch a three-year after u.s. lawmakers rejected a $700 billion financial bailout plan, fuelling fears about lasting damage to markets and the economy ... www.guardian.co.uk
Hong Kong Regulator: Plan Moves Against Abusive Short Selling hong kong -(dow jones)- hong kong's securities regulator said tuesday it is prepared to impose more aggressive measures against abusive short-selling in the local market in light of the current financial turmoil. www.nasdaq.com
Japan Nikkei Down 4.6 Pct After Hitting 3-yr Low - Reuters India tokyo (reuters) - japan's nikkei average tumbled 4.6 percent by midday on tuesday after touching a three-year low following wall street's plunge after u.s. lawmakers rejected a $700 billion financial bailout plan. exporters and banks were ... in.reuters.com
How Start-ups Can Survive - Cnet News in 2001, the first dot-com economy collapsed. new companies couldn't raise funds to continue operating. existing companies couldn't go public or get bought. my employer (red herring) folded, as did hundreds of other businesses. almost all companies ... news.cnet.com
Tobacco Selling Season Ends the curtain came down on the 2008 flu-cured tobacco selling season last friday with prices going haywire as buyers fell over each other to clinch sales before the close of business. www.herald.co.zw
Nokia Realigns Its Enterprise Business nokia will no longer focus on selling enterprise hardware to businesses. instead, it will focus on selling smartphones and licensed business solutions from ibm, cisco and microsoft. www.phonescoop.com
Asian Stocks Plummet After U.s. Bailout Fails To Pass - International Herald Tribune tokyo : asian stock markets plummeted tuesday after the u.s. house of representatives rejected a $700 billion financial bailout, deepening fears that the crisis would worsen. the nikkei 225 average in japan hit a new low for the year, falling 4 ... www.iht.com
To Weather Storm, Investors In Cdos Should Hold On - International Herald Tribune london : the $600 billion market in collateralized debt obligations could weather the credit crisis, including the collapse of lehman brothers and washington mutual, without succumbing to a meltdown. market prices for the cdos, as the securities are ... www.iht.com
Business As Usual For Wachovia Customers wachovia says it's selling the firm's retail bank, corporate and investment bank, and wealth management businesses to citigroup, pending shareholder and regulatory approval. www.bankrate.com
Australian Dollar Down More Than Us2c At Noon - News.com.au the dollar was trading lower this morning, falling below 80 us cents and at a three-year low against the japanese yen after the us congress rejected the us government's rescue plan for troubled financial firms. the dollar was 2.26 us cents lower at ... www.news.com.au
How To Pass The Bailout - Forbes capitol hill is scrambling to salvage an economic rescue package, after a failed vote monday had u.s. investors hitting the panic button. while blood flowed through wall street, tempers flared in congress. with the jewish new year on tuesday ... www.forbes.com
Dozens Show Up For Chamber's Small Business Academy some people are still willing to fly solo in today's turbulent economy as evidenced by those who flocked to the greater norwalk chamber of commerce's small business development academy. www.stamfordadvocate.com
More Musicians Saying 'idon't Think So' To Itunes - Chicago Sun-times itunes has been the runaway hit of the music business, selling more than 5 billion song downloads since it started five years ago. but a growing number of record companies are trying to steer clear of apple inc.'s behemoth music store because they ... www.suntimes.com