NEW YORK REPORT August 5, 2009 US STOCKS slipped yesterday after weak data from the services sector and private payrolls cooled recent optimism the recession was retreating, but the market finished off its lows as investors ventured into riskier financial shares. The market’s decline came on the heels of a four-day rally that had driven the three major US stock indexes [...]
Caution the order of the Wall St day August 6, 2009 US stocks fell yesterday as investors turned cautious a day ahead of a crucial government report on July employment, and took profits after recent strong gains. The stock market’s second day of declines came on the heels of a four-day rally that pushed US indexes on Tuesday to close at their highest levels since last [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 28, 2009 FINANCIAL TIMES TERRA FIRMA INJECTS MORE CASH INTO EMITerra Firma has been forced to inject more cash into EMI for the second time in six months, after the debt-laden UK music group behind the Beastie Boys and Depeche Mode missed targets imposed in its banking covenants. Guy Hands’ private equity group injected £28m into EMI [...]