FINANCIAL STOCKS Financials post best day in more than a month

By Greg Morcroft, MarketWatch NEW YORK (MarketWatch) — Shares of US financial stocks posted their best day in more than a month on Monday, rising about 10% as investors handicapped what “stress-test” results assessing the nation’s largest banks will …

May 5th, 2009 | Posted in Stocks | No Comments

German GfK Consumer Confidence Holds Steady for a Third Month

By Gabi Thesing April 27 (Bloomberg) — German consumer confidence unexpectedly held steady for a third month as slower inflation boosted household purchasing power and the recession showed first signs of easing.

April 27th, 2009 | Posted in Economy / Market | No Comments