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April 12, 2007

Chinese Stocks Rise to Record High

Chinese stocks rose Thursday to their ninth straight record high, powered by retail investors buying on expectations of strong corporate earnings.

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Merrill eyes mid-market banking, prime broker, oil trading

NEW YORK (Dow Jones)-- Merrill Lynch & Co. (MER), which bought an electricity-trading company last year, expects to add oil-trading capabilities in the second half of the year and is growing its electronic stock trading, prime brokerage and middle-market investment-banking businesses, executives said Monday. Link to original article

Altria May Not Be Done Smoking Just Yet

Altria (MO) , parent company of Philip Morris, is a stock that has been absolutely on fire over the past few years along with the rest of the tobacco sector ( Read More )

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Stock trading is cautious as market awaits Fed ruling

NEW YORK -- Stocks finished a quiet session little changed Monday as investors' anticipation of the Federal Reserve's decision on interest rates muted their reaction to lower oil prices and a trio of acquisitions. Link to original article

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