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• Monday, December 21st, 2009

U.S. stocks seen rising in early part of 2010
While many analysts say they think stocks can gain in the first half of 2010, the long-term outlook is marred by risks associated with the unwinding of central banks’ easy money measures.


FTSE 100 jumps 1.87% (AFP)

The leading stock exchange posted strong gains as traders digested news the London Stock Exchange had agreed to take over its loss-making rival Turquoise.(AFP/File/Ben Stansall)AFP – The leading stock exchange posted strong gains on Monday as traders digested news the London Stock Exchange had agreed to take over its loss-making rival Turquoise.


Sony pushes content deals to win e-reader race
Sony unveiled the first in a series of publisher partnerships and vowed to win the e-reader device wars by offering content owners a better deal than Amazon’s Kindle

Hedge fund operator Rajaratnam pleads not guilty (AP)

FILE - In this Oct. 16, 2009 file photo, Raj Rajaratnam, billionaire founder of the Galleon Group, a major hedge fund, is led in handcuffs from FBI headquarters in New York. Wealthy hedge fund operator Raj Rajaratnam (RAHJ rah-juh-RUHT'-nuhm) has pleaded not guilty, Monday, Dec. 21, 2009, to charges in a huge insider trading case. (AP Photo/Louis Lanzano, File)AP – Wealthy hedge fund operator Raj Rajaratnam and a codefendant pleaded not guilty Monday to charges they were major players in a scheme that used inside information to make stock trades that generated millions of dollars in profits.


US jobless claims show unexpected rise
The number of Americans claiming jobless benefits has risen for the second week running as the US economy continues to wrestle with persistent unemployment

US trade body sues Intel over alleged abuses
US Federal Trade Commission files a lawsuit against the microchip maker, accusing the world’s biggest chipmaker of abusing its dominant market position over the past decade

Walgreen, Alcoa, CVS Caremark are big movers (AP)
AP – The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

A look at economic developments around the globe (AP)
AP – A look at economic developments and activity in major stock markets around the world Friday:

Category: Trading News
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