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Press Releases: U.S. Pension Plan Funding Plunged By More Than $300 Billion in 2008, Watson Wyatt Analysis Finds As news of the economic crisis continues to unfold, the first look at actual 2008 disclosures reveals substantial investment losses for the largest U.S. corporate pension plan sponsors, according to a new analysis by Watson Wyatt, a leading global consulting firm. While many of these losses are due to equity declines, equity allocation targets for 2009 have not changed substantially. [UNITED STATES] watsonwyatt.comSecurities upstarts are making trading a four-way fight The battle for market share in US equities trading is becoming a four-way fight with two relative newcomers increasingly being mentioned in the same breath as the established centres, NYSE Euronext and Nasdaq OMX. FTAlert-16:25 (Est) ACM Precious Metals Analysis: Gold Sinks on Retreat From Flight to Quality Assets Gold bulls were trampled by a sharp rally in risk sentiment throughout financial markets. A strong pullback in demand for flight to quality assets put considerable pressure on gold prices. Sellers forced the precious metal below previous support leaving the spot price at $895oz. One of the catalyst to the jump in equity markets came from commentary regarding outlook for... Alerts FeedPrudential leads London insurers higher European equities markets saw substantial gains Tuesday as banks raced higher on reports that a memo issued by the head of Citigroup (NYSE: C) said that the bank is having its best quarter since 2007.In London, the FTSE 100 added 4.88 percent to 3,715.23 while the FTSE 250 was up 3.21 percent to 5,954.8.Insurers led [...] Finance MarketsPalm Confident About Pre PhoneForbes Stocks Overdue for a RallyMr. Swing Copper ends higher with equities, eyes on ChinaThe Globe and Mail Citi's memo: Can you believe it? Emotions still rule the market. The equities market is soaring today thanks to one CEO’s “memo” that promises this whole financial mess is overdone. Why should we believe him now?By Andrew Snyder, TodaysFinancialNews.comBaltimore - (TFN): If your portfolio is filled with green today, you have just one person to thank. Vikram Pandit, the same Citigroup [...] Todays Financial NewsCurrencies: Dollar retreats as stocks bounce on improved financial sentiment The dollar loses ground on Tuesday, with stocks on Wall Street joining a bounce in world equity markets amid bullish sentiment in the financial sector. Market WatchRussian stocks rally, as oil prices gain NEW YORK (MarketWatch) -- Russian stocks rallied Tuesday, boosted by gains on global equity markets and rising oil prices. In Moscow, the dollar-denominated RTS stock index surged 9.4%, with oil and g... Big News Network1 2 3 |
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