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Stocks to Surge in 2009, UBS Says; S&P 500 May Climb 53 Percent
Published December 3, 2008, 12:21 am, Bloomberg
Dec. 3 (Bloomberg) -- Stocks in the U.S. and Europe will withstand a “full-blown” global recession to surge in 2009, UBS AG said. The Standard & Poor’s 500 Index may jump to 1,300 by the end of 2009, a 53 percent rally from its current level, New York-based strategist David Bianco wrote in a report dated yesterday.
Most Asian markets rise after Wall Street rebound
Published December 3, 2008, 12:20 am, AP via Yahoo! Finance
Asian stock markets mostly rose Wednesday after a rebound on Wall Street, but pervasive concerns about the dismal outlook for the world economy limited gains.
JSE: The comeback kid
Published December 3, 2008, 12:14 am, News 24 South Africa
For the first time this week the JSE has opened in positive territory moving in line with Asian markets which gained momentum on a 4% recovery in the Dow.
St. Louis Park earns rare AAA rating
Published December 3, 2008, 12:13 am, St. Louis Park Sun-Sailor
The latest St. Louis Park honor came with a prize, of sorts. Rating agency Standard & Poor's gave the city of St. Louis Park a AAA bond rating, an honor bestowed upon less than 10 cities in the state, according to Senior Financial Advisor Mark Ruff with Roseville-based Ehlers & Associates Inc.
VIS Moves to New Facility
Published December 3, 2008, 12:11 am, TruckingInfo.com
12/3/2008 Vehicle Inspection Systems, Orlando, Fla., has moved into a new, 40,000-square-foot office and warehouse facility located near Orlando International Airport.
Sensex opens high 111 points
Published December 3, 2008, 12:10 am, New Kerala
Mumbai, Dec 03 : The 30 scrips sensitive index of Bombay Stock Exchange (BSE) today resumed firm at 8851.22 points with a big gain of 111.98 points from it last finish of 8739.24 on fresh speculative demand from mutual funds and others in view of better trend at Asian markets.
General Motors and Ford CEOs putting their salary on the line
Published December 3, 2008, 12:08 am, Los Angeles Times
The offer to work for $1 a year if an auto industry bailout is approved would mean a huge pay cut for Rick Wagoner and Alan Mulally. Working for a buck a year would amount to a multimillion-dollar pay cut for the chief executives of General Motors Corp. and Ford Motor Co.
Edison, Enel, Telecom Italia: Italy Equity Market Preview
Published December 3, 2008, 12:04 am, Bloomberg
Dec. 3 (Bloomberg) -- The following companies may have unusual price changes in Italian trading. Stock symbols are in parentheses, and share prices are from the previous close.
European, U.S. Stock-Index Futures Fall; Infineon May Decline
Published December 3, 2008, 12:04 am, Bloomberg
Dec. 3 (Bloomberg) -- European stock-index futures fell as concern earnings will deteriorate further overshadowed government efforts to stem the economic slump. U.S. index futures declined before a report that will probably show a deepening contraction in services.
Dr. Robert J. Donovan
Published December 2, 2008, 11:54 pm, Times Leader
Dr. Robert J. Donovan, a psychiatrist and resident of Scranton, died Thursday, November 27, 2008, at the Community Medical Center.
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