(AFX UK Focus) 2008-08-14 00:30 Australia’s ASX year profit up 17 percent
SYDNEY, Aug 14 (Reuters) - Australia’s ASX Ltd , the Asia-Pacific’s second-largest listed stock exchange, on Thursday posted a 17 percent increase in full-year net profit.
August 14, 2008
U.S. stocks rose on Tuesday as minutes from the latest Federal Reserve meeting eased any lingering worries about the outlook for interest rates and crude oil prices dropped below $70 a barrel.
US STOCKS-Market finishes flat; housing concerns weigh
NEW YORK, Dec 28 - U.S. stocks ended flat on Friday as weak new home sales data reinforced concerns that the housing and mortgage markets may be far from a recovery, offsetting the energy sector's strength.
Quick changes in Mozilo's trading plan raise red flags, experts say. The mortgage firm says the sales were in line with company policy. As the mortgage industry swooned in late 2006 and 2007, Countrywide Financial Corp. Chief Executive Angelo Mozilo cashed in stock options valued at $138 million -- vastly expanding his wealth even as his shareholders watched their stock shrink in value. Click here for more info