Friday, November 23, 2007


Bloomberg - Futures climbed to $99.29 on Nov. 21, the highest intraday price since trading began in 1983. Prices are up 66 percent from a year ago. Floor trading ended an hour early today because of the Thanksgiving holiday. Volume as of 1:30 p.m

Investors struggle to value complex credit assets
Reuters - We could see a cross-section of prices for assets that were about identical in terms of exposure and correlation but were trading at vastly different levels," he said. The asset manager is not required, as a buy-and-hold investor, to mark investments

Humble Revenue long overdue
Times Online - These developments also dragged down the wider market and blue chip financial stocks in particular, leaving the likes of Barclays and RBS trading on staggeringly low price-to-earning ratios. But anyone who thinks that the price of banking stocks

Thomson Among Big Movers Friday
Washington Post - NEW YORK -- Stocks that were moving substantially or trading heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: Following a delay due to plans to acquire Reuters Group PLC , the financial data provider resumed a share buyback

Gold tests $825 in thin trading
Globe and Mail - NEW YORK, LONDON — Gold rose sharply Friday in volatile trading, with prices spiking above $825 (U.S.) an ounce as bulls focused on poor U.S. dollar sentiment for a fresh assault on recent 28-year highs. Platinum prices also perked up, with a

Stocks Open Higher In Thin Trading
CNBC - Stocks opened higher, following European and Asian markets, but trading could be volatile as volume is likely to be thin for the holiday-shortened session. Retailers are in the spotlight as consumers, many with the day off from work, search for

Cisco Fires Executive Arrested in Brazil in Tax Probe (Update2)
Bloomberg - New York time in Nasdaq Stock Market trading. The stock has risen 6.6 percent in the past 12 months. White-Collar Crime Eduardo Reale, a Sao Paulo-based lawyer defending Carnevali Sr., said his client is innocent and that

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