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Archive for March, 2008

CPI(M) opposes entry of foreign companies to commodity market

Tuesday, March 18th, 2008


New Kerala - Bhubaneswar, Feb 2: The CPI (M) will oppose the entry of foreign companies in the future trading of commodities, party general secretary Prakash Karat said here today. Mr Karat, who was here to participate in the birth centenary celebration of

Govt mulls law to strengthen market panel
Indian Express - He also indicated restoration of future trading in wheat, urad and rice as it might harm the interest of farmers. According to Assocham, the total volume of trade increased sharply from Rs 1.29 lakh crore during 2003-04 to Rs 27.39 lakh crore

Sensex tumbles again
Hindu - Gold and low-risk bonds are now the favourites of investors. Future trading in the U.S. is also indicating a weak trend. Printer friendly page

Market Updates & Commentary

Sunday, March 16th, 2008


RTT News - While the major averages tried to stage a recovery in late-day trading, they could not sustain their upward moves, closing firmly in negative territory. The Dow closed down 1.2 percent, the Nasdaq closed down 0.4 percent and the S&P 500 closed down
Source: www.rttnews.com

Airline Merger Stuck on Runway
Smart Money - Shares of Delta (DAL) and Northwest (NWA) were up slightly at last check, regaining some lost ground during prior-day trading when Delta sank 6% to close at $14.09, and Northwest shares lost 7.3% to $14. The proposed Delta-Northwest merger would
Source: www.smartmoney.com

New 52-Week Highs 11/06; Tech Looks Strong Going Into Holiday Months
StreetInsider.com - Cypress Semiconductor continues to rise in mid-day trading, marking a new 52-week high at $38.20, a more than 7% increase from yesterday’s close. Hewlett-Packard (NYSE: HPQ ) announced yesterday its Windows Home based server, MediaSmart will be
Source: www.streetinsider.com

Kitchen budget hit as oil prices go through roof

Thursday, March 13th, 2008


Daily Pioneer - The increase in prices of edible oils is being attributed to a variety of reasons, including increase in prices of soya, and holding back of stocks for futures trading in the domestic market.

CBOT To Open Ag Options To Electronic Trade In Daytime April 14
CattleNetwork.com - In addition, he said, the funds are the major players in electronic futures trading, but they aren’t major participants in options, and based on the additional work required in legging out spreads in options, the transition won’t be quick.

Earlier inquiry at MF Global
Chicago Tribune - The firm paid $77 million to resolve a complaint by the Commodity Futures Trading Commission and a separate lawsuit, according to public records. New York-headquartered MF Global, which leads the Chicago Mercantile Exchange and Chicago Board of

 


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