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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.com

FSA call for extension of short-selling disclosure rules
As the net of regulation closes around hedge funds, the Financial services Authority yesterday proposed extending rules mandating the disclosure of short-selling positions it has applied to financia...
Big News Network

Regions Financial to take over Georgia`s FirstBank
Regions Financial Corp. is acquiring the deposits of McDonough, Ga.-based FirstBank Financial services, which the Federal Deposit Insurance Corp. has seized.
Bizjournals.com

Job losses won`t alter stimulus plan, Harper says
Budget takes ‘economic challenges' into account, opposition told
The Globe and Mail

Gold Hawk Issues Shares to Advisor
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 6, 2009) - Gold Hawk Resources Inc. ('Gold Hawk' or the 'Company') (TSX VENTURE:CGK) announces that the Company has issued shares to a financial advisor to the Company as payment for services rendered regarding a private placement last year.In accordance with the policies of the TSX Venture Exchange and approval of the private placement, the Company issued 3,322,785 common shares to a financial advisor as a commission relating to the private placement completed in July 2008. All securities distributed to the financial advisor are subject to a four-month hold period expiring on May 8, 2009. Following the issuance of the Common Shares, the Company now has 229,444,929 Common Shares issued and outstanding.
Mining.com

FirstBank seized by feds, Regions to take over
The Federal Deposit Insurance Corp. seized McDonough, Ga.-based FirstBank Financial services, the seventh Georgia bank within the past 12 months and the second on the southern edge of metro Atlanta. (RF)
Bizjournals.com

FirstBank 7th failed bank of year, 32nd of recession
SAN FRANCISCO (MarketWatch) -- FirstBank Financial services of McDonough, Ga. became the seventh bank of 2009 to fail and the 32nd of the recession on Friday, according to the Federal Deposit Insurance Corporation. Regions Financial Corp. said it will assume about $285 million in total deposits from FirstBank, and that the FDIC will retain most of FirstBank's loan portfolio for later disposition.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com

Recession exposes holes in U.S. jobless benefit system
Washington » The government safety net designed to protect laid-off workers from financial catastrophe is falling short, leaving nearly half the 11.
The Salt Lake Tribune

Bank rally drives Wall Street higher
US financial stocks enjoyed spectacular gains as investors looked beyond the latest bleak economic data and focused instead on the Obama administration's plans to shore up the stricken sector
FT.com

Hartford Seeks Easing of Rules
Hartford Financial sought relief from capital requirements totaling about $1 billion. Shares fell 16% as the insurer was hit with a downgrade.
WSJ.com

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