November 30, 2007
The Stockmarket
Dow Jones Posts Slight Gain, Up 22.28 Points
The Ledger - Hopes have been growing that financial companies may be starting to recover from the credit crisis and that the Federal Reserve may lower interest rates to calm the markets. Wall Street's anticipation of a rate cut follows comments from a Fed official
Source: www.theledger.com
India's Q2 GDP growth slows to 8.9 pct year-on-year UPDATE
Forbes - If the global economy weakens sharply then India is likely to be hurt through weaker exports, credit tightening by banks and reduced portfolio inflows.' Varma also said the output growth in both manufacturing and services in the country slowed because
Source: www.forbes.com
European Stock Futures Gain; Credit Suisse, Barclays May Rise
Bloomberg - Nov. 30 (Bloomberg) — European stock-index futures advanced after Federal Reserve Chairman Ben S. Bernanke fueled expectations the U.S. central bank will cut interest rates to boost economic growth. Credit Suisse Group, Switzerland's second-largest
Source: www.bloomberg.com
Rand Heads for Monthly Decline Against Dollar on Credit Concern
Bloomberg - Nov. 30 (Bloomberg) — South Africa's rand headed for its biggest monthly drop against the dollar in more than a year as global credit-market concerns eroded demand for riskier, emerging-market assets. The rand has been the third-worst performer
Source: www.bloomberg.com
Private Equity Investment Strategies to Come under the Spotlight at
Forbes - Private Equity firms are finding new and creative ways to add value to investments, whilst at the same time adapting to a climate of reduced credit purchasing power." In addition to the Private Equity Panel, the third annual Telecom Finance
Source: www.forbes.com
Marston's Net Rises 12% on Tax Drop and Sales of Food (Update2)
Bloomberg - The company's tax rate fell to 21 percent because of a credit related to some properties and will be around 25 percent to 26 percent in coming years, the finance director said. The pub owner raised its second-half dividend to 8.47 pence a
Source: www.bloomberg.com
November was cold month for stock investors
Chicago Tribune - Almost nothing worked in November, except supersafe Treasury bonds, as chastened professional traders ducked for cover amid credit market turmoil. Energy stocks, the biggest gainer so far this year among major sectors, are down nearly 5 percent in
Source: www.chicagotribune.com
Government Report Says ID Theft Down
Forbes - Like banks and mortgage lenders hesitant to reveal the extent of the credit crunch, retailers and banks aren't itching to disclose their fraud losses, Litan said. "No one wants to call attention to their fraud problems," she said. Identity theft cost
Source: www.forbes.com









