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| | | ... turbulent day of trade. There were strong performances among the miners and also from retailer Marks & Spencer, but Northern Rock's performance hampered results. The FTSE 100 finished 9.2 points higher, closing at 6,465.9. FRANKFURT - The DAX index finished ... |
| | | | ... on Wall Street in the wake of the interest rate cut by the Federal Reserve. Rumours on a takeover offer linked to Northern Rock fuelled the financial sector and higher precious metal prices drove up the miners. The FTSE 100 finished 27.7 points higher ... |
| | | | ... points to 1,518.75. The Nasdaq Composite Index fell 12.19 points to 2,654.29. LONDON - UK stocks fell as worries over Northern Rock and other mortgage lenders returned, halting the previous session's euphoria that was triggered by the aggressive US rate ... |
| | | | ... LONDON - US stocks jumped 2.81 per cent as a hefty interest rate cut by the US Federal Reserve lifted sentiment, but Northern Rock fell on speculation of a low takeover bid for the embattled bank. The FTSE 100 closed up 176.7 points to 6,460. FRANKFURT ... |
| | | | ... unofficially at 2,651.66. LONDON - UK stocks lifted after the British government guaranteed all deposits held by troubled Northern Rock, and US bank Lehman Brothers posted better-than-expected third quarter earnings. The FTSE 100 rose 100.5 points to ... |
| | | | ... contracts. Austock Brokers senior client adviser and strategist Michael Heffernan said the banks are being tarred by the North Rock incident in the United Kingdom. "It is a bit of a red letter day today. I can't really see a spot of green," Heffernan ... |
| | | | ... Australian and UK residential mortgage providers go to for their funding. In UK the contagion has become so bad that the Northern Rock building society has just suffered a $A5 billion run on its deposits on fears it was about to collapse after rumours ... |
| | | | ... London Metal Exchange. NEW YORK - US stocks dropped on Monday, led by financial shares, as British morgage lender, Northern Rock, fueled concerns that turmoil in the credit markets would spread. Oil prices rose to a record again, fanning inflation concerns ... |
| | | | ... pressure. "This is after what we saw in the UK on Friday when financial shares fell after British mortgage firm Northern Rock became the latest casualty of the global credit squeeze, with the Bank of England having to step in to help with liquidity" ... |
| | | | ... 1,484.25. The Nasdaq Composite Index rose 1.12 points to 2,602.18. LONDON - UK stocks fell after mortgage lender Northern Rock became a casualty of the global credit squeeze, weighing on banks and property-related stocks. The FTSE 100 dropped 74.60 points ... |
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