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FTSE stronger as US bail-out hopes rise London equities shrugged off grim US jobs data as traders focused instead on US President Barack Obama's looming financial rescue plan, with the FTSE 100 closing up 1.5 per cent FT.comThe Global Recession Deepens But Risk Appetite May Hold Out For The US Stimulus Plan Through the end of this past week, there was a notable rally in the Aussie and Kiwi dollars, a surge in equities and a plunge in the Japanese yen. Is such... Daily FXDSG International leads London retailers higher European equities markets were higher Friday as investors mostly ignored a new report from the US Labor Department which showed that 598,000 jobs were lost to the US economy in January.There were hopes that the dismal jobs numbers would encourage US lawmakers to vote soon on an economic stimulus package introduced by President Barack Obama.The [...] Finance MarketsEurope`s stocks gain as economic hopes rise European equities rose after hope grew that the global economy might be bottoming out, with the FTSE Eurofirst 300 index rising 2 per cent to 826.37, taking its gains for the week to 3.4 per cent FT.comIndia Value Fund Advisors to raise $800 mn by March Private equity (PE) firm India Value Fund Advisors will complete raising around $800 million (about Rs 4000 crorer) for the fourth series of its India Value Fund by next month, a partner of the company said here Monday. The Economic TimesDresdner cuts non-German equities business The investment bank bought by Commerzbank last month is dramatically scaling down its cash equities business in a widely expected move that is likely to result in 150 job losses in London FT.comNew Mexico Business Weekly: State chills on venture investments The meltdown on Wall Street has sharply reduced the amount of funding available through the New Mexico Private Equity Investment Program.. . By ... InformBernstein Litowitz Berger & Grossmann LLP Announces Filing of Class Action Suit Involving Mortgage Pass-Through Certificates of Goldman Sachs NEW YORK, NY--(Marketwire - February 6, 2009) - Bernstein Litowitz Berger & Grossmann LLP('BLB&G') today announced that it filed a class action lawsuit in theUnited States District Court for the Southern District of New York onbehalf of its client Mississippi Public Employees Retirement System andsimilarly situated purchasers of GS Mortgage Securities Corp. ('GSMortgage') Mortgage Pass-Through Certificates or Asset-Backed Certificates(collectively, the 'Certificates') pursuant and/or traceable to the falseand misleading Registration Statement and Prospectus Supplements issuedduring 2006 (collectively, the 'Offering Documents'). The class includespurchasers of the following Certificates: GSAMP Trust 2006-S2, Series2006-S2; GSAA Home Equity Trust 2006-3, Series 2006-3; and GSAA Home EquityTrust 2006-2, Series 2006-2. MarketwirePutting pounds away is fine if you need a quick getaway Months of volatile returns on equities have caused many investors to seek shelter in cash. FT.comOverview: Global equities boosted by hopes of speedy Obama rescue package deal Equities were boosted as hopes intensified for a speedy passage of President Obama's economic package Financial Times1 2 3 4 |
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