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Day Trading News

Bank of America sells China bank stake - AOL

HONG KONG (Reuters) - Bank of America Corp , coping with tough economic conditions, raised $2.83 billion by selling part of its stake in China Construction Bank Corp 601939.SS>, and Hong Kong's richest tycoon sold a $500 million stake in rival Bank ...

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Shock over 'India's Enron' as Ramalinga Raju says profits at Satyam ... - News.com.au

THE head of Indian outsourcing company Satyam Computer Services quit overnight, after disclosing that profits had been falsely inflated for years and sending its shares plunging nearly 80 per cent. India's biggest corporate scandal in memory ...

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Economy in grip of recession, reports show - Berkshire Eagle

WASHINGTON (AP) - Anyone looking for a bright spot in the recession might have pointed to a reading Tuesday of the nation's office workers, retailers and other service industries, which contracted at a slower-than-expected pace in December. But even ...

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