GLOBAL MARKETS

Stock rally on Mubarak resignation

Stocks rallied after Hosni Mubarak resigned as president of Egypt and the Obama administration announced plans to dissolve Fannie Mae and Freddie Mac
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Gold dips as dollar firms, investors shift focus

Gold prices eased a touch on Friday, pressured by gains in the dollar and softer investment demand for the metal after a raft of well-received economic data boosted interest in other assets.
Nokia's new Chief Executive Stephen Elop (L) shakes hands with Nokia's Chairman of the Board Jorma Ollila during a news conference in Espoo Finland, September 10, 2010

Six Reasons Why Nokia Adopted WP7

It is official. Nokia will be adopting Microsoft's Windows Phone 7 as its new smartphone operating system (OS), a move that could be the beginning of a new era for the Finnish mobile giant.
Christophe de Margerie, Chief Executive Office of French oil company Total, speaks during the company's 2009 annual results presentation in Paris

Oil price surge to boost Total profits

Soaring oil prices will help France's Total (TOTF.PA) produce bumper annual profits on Friday, when investors hope for details on how much Europe's third-largest oil group will invest to revive output.
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World Equities Fall, ECB Buys Portugal Debt

World stock markets fell hard on Thursday, with Hong Kong shares losing 2% and London's FTSE100 dropping 0.9% by lunchtime. Indian stock markets have lost more than $20 million per minute so far in 2011, the Economic Times reports, with billionaire Anil Ambani blaming vicious and illegal rumors.

US stocks decline despite jobs data

U.S. stocks declined in early trade on Thursday despite better-than-expected jobs data with tech stocks particularly remaining weak as disappointing earnings from Cisco Systems weighed on the sentiment
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Diodes Upgraded at Robert W. Baird

Robert W. Baird upgraded its rating on shares of Diodes Inc. (NASDAQ: DIOD) to outperform from neutral on attractive valuation. The brokerage raised its price target on shares of the supplier of components to chipmakers to $32 from $20.
Prime Minister of Denmark Lars Rasmussen bangs the gavel with NYSE Euronext CEO Duncan Niederauer at the New York Stock Exchange

NYSE Euronext and Deutsche Borse in talks to merge

The New York Stock Exchange (which also owns Euronext) and Germany’s Deutsche Borse have said they are in advanced talks to merge in a transaction that would result in the biggest stock exchange in the world valued at $24-billion.
A file picture shows the South African twenty rand note.

S.Africa's rand enjoys slight reprieve but stocks dip

South Africa's rand crept higher against the dollar on Wednesday, partly aided by a firmer price for gold, but remains one of the worst emerging market performers so far this year, as the central bank continues to accumulate foreign reserves.
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US stocks decline on profit taking

U.S. stocks declined in early trade on Wednesday as investors preferred to take profits after the Dow Jones Industrial Average reached its highest level since June 2008 on Tuesday.

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