March 3 (Bloomberg) — Japanese stocks fell the most in a month after UBS AG said global financial companies may have losses of at least $600 billion related to U.S. subprime mortgages, and the yen continued its gain against the dollar.
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Stocks are down in early trading, as Procter & Gamble lowered its sales outlook and data showed declining retail sales in February and a widening current account deficit.
NYSE boosts Euronext bid to $10.2 bil
The New York Stock Exchange ratcheted up its fight to become the world's first trans-Atlantic stock trading center Monday, making a $10.2 billion cash-and-stock bid for European exchange operator Euronext NV. Euronext called it the best offer on the table.
Stocks, Oil Plunge After Congress Rejects Bailout; Bonds Rise
Sept. 29 (Bloomberg) -- U.S. stocks and oil plunged and Treasury bonds rallied the most in two weeks after U.S. lawmakers rejected the Bush administration's $700 billion financial rescue. More...
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