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October 4, 2007

Wall St drops on jobs data anxiety

Stocks fell on Wednesday as investors worried that monthly jobs data could show deterioration in the labor market and raise doubts about the economy’s health and the profit outlook.

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Bear hugs NEPSE again

The bear held a tight grip on the Nepal Stock Exchange (NEPSE) for yet another week as its index shed 14.18 points to end at 758.70 on Thursday, the last day of stock trading.

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Russian regulators halt stock trading

Russian financial regulators halted stock trading for the second time this week on Wednesday in a move that immediately stirred memories of Russia's traumatic financial crisis in 1998.

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Parmalat Creditor Vote Approved, Permitting Stock Trading

Oct. 1 (Bloomberg) -- Creditors of Parmalat Finanziaria SpA voted overwhelmingly to convert $14 billion of debt into shares, paving the way for dairy company's return to stock market trading almost two years after Italy's biggest bankruptcy. Link to original article

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