When Alex Met Andrew
Barron’s On the web - The results will be presented to Wall Street in Might. In the meantime, the Street is becoming convinced that BNY Mellon will deliver on the promised 9% cost savings from the merger. That’s raised the confidence level in the consensus 2008 earnings
Wall Street Wraps Up ‘07 in Somber Mood
Baltimore Sun - NEW YORK - Wall Street ended a painful year with another steep loss Monday as investors glumly anticipated that 2008 would bring more of the uncertainty and turbulence of 2007. The Dow Jones industrials fell 101 points, the latest in a string of
Australian shares outlook - Lower following falls on Wall Street
Forbes - SYDNEY (Thomson Financial) - Australian shares are expected to begin the new year in negative territory on Wednesday as investors take their cue from Wall Street, which ended 2007 sharply lower, while falls in gold and oil prices weigh on the
HK stocks seen lower, properties in focus
Reuters UK - HONG KONG, Jan 2 (Reuters) - Hong Kong stocks are expected to fall on Wednesday, the first trading day of 2008, dented by losses on Wall Street, with profit-taking seen in property stocks as investors await hints on the direction of U.S. interest
SH@theBell: Wall Street ends 2007 on a Dow-ner
Stockhouse Canada - SHfn / - U.S. stocks slipped Monday yet finished higher on the year, while financials kept Bay Street in the black. Stockhouse Community News: Predictions for 2008 SHfn - Why Alberta still looks like the place to be in the New Year . Microcap
2008 will be a year of decision - and survival depends on getting it
Guardian Unlimited - Former US secretaries of say Henry Kissinger and George Schultz wrote in the Wall Street Journal last year that reliance on deterrence was becoming “increasingly dangerous and decreasingly effective”. The rising numbers of nuclear says, coupled
SKorean shares outlook - Lower on caution after Wall Street’s fall
CNBC - SEOUL (Thomson Financial) - South Korean shares are expected to open lower on Wednesday as investors are apt to start the new year with caution following Wall Street’s decline on Monday. The Dow Jones industrial Average fell 101 points after the
Malaysian shares open slightly lower on Wall Street’s decline
CNBC - KUALA LUMPUR (Thomson Financial) - Malaysian shares opened slightly lower Wednesday, tracking Wall Street’s fall on Monday amid a lack of fresh leads. At 9.05 am (0105 GMT), the Kuala Lumpur Composite Index (KLCI) was down 1.05 points or 0.1 percent
Philippine shares outlook - Lower on Wall Street decline, lack of
Forbes - MANILA (Thomson Financial) - Philippine shares might open lower Wednesday, its first trading day for 2008, taking its cue from Wall Street’s fall on the last trading day of the past year and a lack of fresh domestic leads. The Dow Jones industrials
Thai Hot Stocks - Seen opening higher, PTTAR makes debut
Reuters UK - BANGKOK, Jan 2 (Reuters) - Thai stocks were expected to open higher on Wednesday as parties move closer to forming a coalition government, but Wall Street’s fall and Tokyo’s holiday would keep trading quiet, analysts said. “Our market should open
Customers, Not Brokers, Profited in an Odd 2007
New York Times - The brokers’ customers did reasonably well. The brokers didn’t. That’s not the usual way of Wall Street. Two-thirds of a century ago, a ideal seller asked, “Where are the customers’ yachts?” It noted that somehow the brokers always made
Ambrose Evans-Pritchard
Daily Telegraph - Relief comes. A reflation rally ignites Wall Street and global bourses late, but first we do penance for leveraged excess. Japan slides into recession, not helped by an 18pc surge in the yen against the euro. The Japanese bring money home, slicing
Malaysia Hot Stocks-Market to struggle after Wall St’s drop
Reuters - KUALA LUMPUR, Jan 2 (Reuters) - Malaysian shares are prone to struggle to rise on Wednesday, after Wall Street’s fall, but buying in large cap stocks could lend some support, analysts said. Planters Sime Darby (SIME.KL: Quote , Profile , Research
After 11 percent loss in 2007, Tokyo shares to remain under pressure
Forbes - Investors are expecting emerging economies to weather the US credit market meltdown, with their rapidly-growing wealth providing some of Wall Street’s biggest names with a safety net in recent weeks. At the same time, surging demand is creating
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