Citic Securities Seeking Cooperative Deals With Foreign Investment Banks

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Asian Stocks Advance on Fed's Move

Asian stocks rose Wednesday as investors welcomed the move by the U.S. Federal Reserve and other central banks to ease pressure on the world's credit markets.Wall Street's big rally also boosted market ...more

The Fed's Swap Meet

The Fed's Swap Meet Stocks soared on Tuesday as Central Bankers "Pulled Out All The Stops" . Certainly the market was bleeding and some primary dealers, notably Bear Stearns and Lehman were getting pounded over ...more

Argus Comment: Economy victims

IT is a worrying sign of the times that the number of mortgage repossessions in Gwent is rising, in some cases at what appears to be a staggering rate.
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World markets up on central bank actions

An investor looks at the stock price monitor at a private security company Wednesday, March 12, 2008 in Shanghai, China.
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Citic Securities Seeking Cooperative Deals With Foreign Investment Banks

Citic Securities Co. , the Chinese partner of Bear Stearns Cos. , is in talks to cooperate with other international investment banks, said Kong Dan , chairman of the Beijing-based company's parent.

Jerry Pavlas Appointed Chief Operating Officer of Southwest Securities, FSB

Woman defends right to pink poodle BOULDER, Colo., March 11 -- A Colorado woman says she broke no laws, or even Boulder city ordinances, when she colored her poodle pink.
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Metro hands Dozier $90,000 job

Without conducting a national search or even advertising the position, the board that oversees the Tennessee State Fair gave the $90,000-a-year executive director's job to a man with plenty of political ties ...more

Wall Street roars back after move by Fed

The Fed promised a $200 billion booster shot for ailing markets - and Wall Street answered with its biggest bounce in more than five years.
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Fed announces $200 billion in help for banks, leading Dow to biggest day in 5 years

NEW YORK : The Fed promised a $200 billion booster shot for ailing markets - and Wall Street answered with its biggest bounce in more than five years.
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Mortgage applications fell 1.9% last week, MBA data show

Mortgage applications filings last week dropped a seasonally adjusted 1.9% compared with the week before as interest rates rose sharply, the Mortgage Bankers Association said Wednesday.

Jerry Pavlas Appointed Chief Operating Officer of Southwest Securities, FSB

Jerry Pavlas has been appointed Chief Operating Officer of Southwest Securities, FSB, the subsidiary bank of SWS Group, Inc.
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GE chief says no sale of NBC Universal

Higher loan limits on FHA insured loans offer tangible solution for new set of borrowers Company now offers $1,200 'stimulus package; to provide additional assistance to borrowers MELVILLE, N.Y., March 12 ...more

Stocks set to push higher

Stocks futures rose early Wednesday as investors remained upbeat about a move by the Federal Reserve to inject additional liquidity into the credit markets.
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Dow Soars Above 400; Best Day In 5 Years

Stocks rallied Tuesday afternoon as investors welcomed news that the Federal Reserve will lend up to $200 billion to banks and lenders as a means of loosening up tight credit markets.

Wall Street looks to extend gains

Wall Street looked to extend its gains Wednesday as investors overseas applauded the move by the Federal Reserve and other central banks to pump more liquidity into distressed financial markets.

World markets up on central bank actions

Asian and European stocks rose Wednesday as central banks from the United States to Britain and Europe moved in concert to ease pressure on the world's credit markets.A Wall Street one-day rally, the biggest in ...more

GE chief says no sale of NBC Universal

The chief executive of General Electric Co. is telling investors that the industrial and financial conglomerate will not sell NBC Universal, despite recurring speculation that GE would shed its media and ...more