Archive for November 17th, 2008

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A broker reacts while trading in a brokerage firm in Mumbai, India, Monday, Nov. 17, 2008. The Bombay Stock Exchange benchmark Sensex fell as much as 4.1 percent Monday. (AP Photo/Rajanish Kakade)AP - Most world stock markets fell Monday after Citigroup Inc. said it would cut another 53,000 jobs around the world to deal with the fallout from the financial crisis. Asian shares were steady earlier.


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posted by admin on Nov 17

In this Nov. 9, 2008 file photo, Dallas Mavericks owner Mark Cuban yells at referees during the second half of their NBA basketball game against the Los Angeles Clippers, in Los Angeles. Federal regulators have charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses Monday, Nov. 17, 2008. (AP Photo/Mark J. Terrill, File)AP - Federal regulators on Monday charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses.


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posted by admin on Nov 17

Dallas Mavericks' owner Mark Cuban yells out from courtside during Game 5 of their NBA Western Conference quarterfinal playoff basketball against the Golden State Warriors game in Dallas, Texas, in this May 1, 2007 file photo. Cuban was charged with insider trading in shares of Mamma.com Inc, an Internet search engine firm, the Securities and Exchange Commission said on November 17, 2008. (Jessica Rinaldi/Files/Reuters)Reuters - Mark Cuban, owner of the Dallas Mavericks basketball team, was charged with insider trading in the shares of search engine company Mamma.com, the Securities and Exchange Commission said Monday.


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posted by admin on Nov 17

A trader works on the floor of the New York Stock Exchange, November 17, 2008. (Brendan McDermid/Reuters)Reuters - Stocks fell on Monday on concerns of an accelerating global slowdown after Japan’s surprise news it had fallen into recession and Citigroup Inc, the No. 2 U.S. bank, said it would cut 52,000 jobs, far more than had been expected.


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posted by admin on Nov 17

Specialist Ned Zelles works at his post on the floor of the New York Stock Exchange Monday, Nov. 17, 2008. Wall Street finished sharply lower Monday as investors pored over more signs of economic weakness, including a huge round of layoffs in the financial sector. (AP Photo/Richard Drew)AP - Wall Street finished sharply lower Monday as investors pored over more signs of economic weakness, including a huge round of layoffs in the financial sector.


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posted by admin on Nov 17

Mark Cuban, the controversial owner of the National Basketball Association's Dallas Mavericks seen here in July 2008, was charged with insider trading Monday by the Securities and Exchange Commission (SEC).(AFP/Getty Images/File/Frederick M. Brown)AFP - Mark Cuban, the controversial owner of the National Basketball Association’s Dallas Mavericks, denied insider trading charges that were filed Monday by the Securities and Exchange Commission (SEC).


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posted by admin on Nov 17

AP - Share prices on the London Stock Exchange closed lower Monday.

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posted by admin on Nov 17

An elderly man looks at an electronic board showing the stock index at a securities company in Chengdu, in China's southwestern province of Sichuan. Global stock markets slumped Monday as the bad news on the financial crisis got worse, with Japan, the world's second largest economy, in recession and US banking giant Citigroup cutting 50,000 jobs.(AFP/Liu Jin)AFP - Global stock markets slumped Monday as the bad news on the financial crisis got worse, with Japan, the world’s second largest economy, in recession and US banking giant Citigroup cutting 50,000 jobs.


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