“We expect Indian corporates to show sound earnings data, which could keep the markets buoyant”

Dealers said buying sentiment improved on sustained interest in capital goods, engineering and software stocks against a backdrop of fast-paced economic growth in the South Asian economy. via The News

Original post by The News

“Canada’s tight jobs market will keep the upside risk to the inflation outlook intact and provides another reason for policy-makers to raise the overnight rate to 4.5 per cent next week.”

Stock markets closed higher Friday after investors ignored rising bond yields resulting from a strong U.S. employment report for June while a strong report on Canadian job creation last month sent the dollar … via Sympatico Finance

Original post by Sympatico Finance

The Securities and Exchange Commission has won a temporary restraining order freezing the assets of Amerifirst Funding Inc. via Dallas Business Journal

Original post by Dallas Business Journal

Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

General Motors Corp., down $1.22 at $36.76

The automaker, which said late Tuesday it sold 21.3 percent fewer vehicles in June compared to a year ago, was downgraded by a Bear Stearns analyst.

Hilton Hotels Corp., up $9.40 at $45.45

The company on Tuesday agreed to be bought by Blackstone Group for $20.1 billion, or $26 billion including debt. Read more

Original post by The Associated Press

A former Morgan Stanley & Co. employee filed a lawsuit Thursday saying the securities firm failed to take proper action and then fired her after she complained that her boss was sexually harassing her and had put his hand up her skirt.

Lisa LaMacchia says in court papers that while she worked in the company’s branch in Melville, N.Y., her supervisor, Richard Dorfman, suggested she have sex with him if she wanted to get paid, groped her genitals and tried to sexually molest her with a pencil. Read more

Original post by The Associated Press