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Vanguard adds Scottish firm to stock fund team
May 16, 2008 on 4:44 pm | In Business News | No CommentsBOSTON (Reuters) - Vanguard Group said on Friday it has added a fourth firm to a three-member team managing a large foreign stock fund, a move that was criticized by an analyst.
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Vanguard adds Scottish firm to stock fund team
U.S. stocks little changed as oil at record
May 16, 2008 on 4:32 pm | In Business News | No CommentsNEW YORK (Reuters) - U.S. stocks were little changed on Friday as oil prices streaking toward $128 a barrel lifted energy shares and offset investor worries about a slump in U.S. consumer confidence to a 28-year low.
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U.S. stocks little changed as oil at record
Oil hits record near $128
May 16, 2008 on 2:33 pm | In Business News | No CommentsNEW YORK (Reuters) - Oil shot to a record high near $128 a barrel on Friday after Goldman Sachs, the most active investment bank in energy markets, forecast a continued spike in prices through the end of the year due to thin supplies.
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Oil hits record near $128
Paulson says markets calmer but not fully settled
May 16, 2008 on 2:13 pm | In Business News | No CommentsWASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Friday that markets have calmed down to the point where prices will be driven by economic factors including an improving housing market rather than by fear.
LSE shares jump 10 percent
May 16, 2008 on 12:48 pm | In Business News | No CommentsLONDON (Reuters) - Shares of the London Stock Exchange jumped as much as 10 percent on Friday on a report that Europe’s top stock market could offer upside potential if merger interest resurfaces or via cost reduction.
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LSE shares jump 10 percent
Eos Airlines files motion to sell company
May 16, 2008 on 12:40 pm | In Business News | No CommentsNEW YORK (Reuters) - Eos Airlines said on Friday it has asked a U.S. bankruptcy court to approve a schedule for the auction and sale of the company and its assets.
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Eos Airlines files motion to sell company
Oil hits record high near $128
May 16, 2008 on 12:38 pm | In Business News | No CommentsNEW YORK (Reuters) - Oil shot to a record high near $128 a barrel on Friday after Goldman Sachs, the most active investment bank in energy markets, forecast a continued spike in prices through the end of the year due to thin supplies.
FTSE rises to 4-month closing high
May 16, 2008 on 12:13 pm | In Business News | No CommentsLONDON (Reuters) - Britain’s benchmark index rose 0.8 percent on Friday to hit its highest closing level in four months as surging crude prices pumped oil shares higher, while bid activity powered British Energy .
Focus on Altadis rights isssue at Imperial results
May 16, 2008 on 10:39 am | In Business News | No CommentsLONDON (Reuters) - The size of a rights issue Imperial Tobacco plans to launch to pay for its purchase of Altadis will be the focus of the British group’s half-year results next week, analysts said on Friday.
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Focus on Altadis rights isssue at Imperial results
Oil rallies to new high near $128
May 16, 2008 on 9:32 am | In Business News | No CommentsLONDON (Reuters) - Oil shot to a record high near $128 on Friday after Goldman Sachs, the most active investment bank in energy markets, raised sharply its forecast for prices.
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Oil rallies to new high near $128
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