Archive for April, 2009

Venture Capital Investing Hits 11-Year Low In 1st Quarter

By Russ Garland Venture capital investment plunged 50% from a year ago, signaling what could be a fundamental shift in the industry’s size and direction.

Earnings reports help preserve market rally

AP • April 18, 2009 Wall Street found enough in the latest earnings reports to keep its six-week rally alive yesterday. The Dow Jones industrial average rose 5.90 to 8131.33, the Standard & Poor’s 500 index added 4.30 to 869.60, and the Nasdaq …

Wall street advances

The report stated that the General Motors will announce more job cuts and plant closings in the next few weeks. Stocks ended higher on Friday, as better-than-expected results from Citigroup, General Electric and Google, helped the recent advance on …

US Stocks Rise; GE, Consumer-Sentiment Data Help

By Rob Curran Of DOW JONES NEWSWIRES Investors took heart Friday from consumer-sentiment data and earnings for General Electric that were not as bad as feared, driving major indexes to their longest winning streak since the last bull market.

Rising unemployment infects Western states in March

WASHINGTON, April 17 (Reuters) – While Michigan yet again posted the highest unemployment rate of all states in the United States in March, many of its western neighbors were not far behind, the Labor Department said on Friday, showing no state is …

Google gets mixed reaction to earnings report

By John Letzing & Dan Gallagher, marketwatch SAN FRANCISCO (marketwatch) — Shares of Google Inc. rose slightly Friday as the company’s better-than-expected first-quarter earnings report was tempered by concern about the impact of a lingering recession …

Bernanke: Regulation Shouldn’t Block Financial Innovation

By Maya Jackson Randall WASHINGTON (Dow Jones)–US Federal Reserve Chairman Ben Bernanke on Friday defended financial innovation but said the current crisis proves that policymakers must make sure new, complex financial products are transparent enough …

Forex Trading − US Housing Data May Spur Further Equity Gains, USD Losses

This is likely due to investors pulling their money out of forex trading and into the stock market. With the release of US Building Permits today at 12:30 …

Paying More than Your Fair Share of Taxes?

By BRETT ARENDS Most people like a tax break. So three cheers for Texas governor Rick Perry, who on Tax Day highlighted a radical way to cut your federal …

WORLD FOREX : Yen Advances, Euro Falters On US Stocks

By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The yen advanced to session highs Friday morning as US stocks pared earlier gains. …