| SEC accuses 4 people in alleged Ponzi scheme (AP)
November 16, 2009 at 10:16 pm
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| | AP - Federal regulators have accused four people and two companies of fraud in an alleged $30 million Ponzi scheme that lured 300 investors nationwide in purported eco-friendly investments. |
| Soros' holdings increase, takes stake in Ford (Reuters)
November 16, 2009 at 9:50 pm
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| | Reuters - Billionaire investor George Soros' hedge fund reported holdings of $6.2 billion during the third quarter, an increase of $2 billion, after taking a stake in automaker Ford and boosting his holdings in communications services stocks. |
| How the major stock indexes fared on Monday (AP)
November 16, 2009 at 6:15 pm
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| | AP - Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected in October and the dollar extended its slide. Major stock indexes rose more than 1 percent to new 13-month highs, including the Dow Jones industrial average, which jumped 136 points. The Standard & Poor's 500 index closed above the 1,100 mark for the first time in more than a year. |
| CA-CANADA Summary (Reuters)
November 16, 2009 at 5:15 pm
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| | Reuters - Toronto's main stock index shot to its highest close in more than three weeks on Monday as a rally in oil prices helped power Suncor Energy and other oil and gas shares to comfortable gains. Shares of Suncor, the biggest contributor to the index's gain, rose 3 percent to C$38.04, followed by oil company Canadian Natural Resources, which closed up 3.3 percent at C$72.49. |
| SEC files charges over "green" Ponzi scheme (Reuters)
November 16, 2009 at 3:49 pm
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| | Reuters - The U.S. Securities and Exchange Commission charged four individuals and two companies with running a $30 million Ponzi scheme that targeted elderly investors and people nearing retirement who were seeking environmentally friendly investments. |
| A look at economic developments around the globe (AP)
November 16, 2009 at 3:46 pm
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| | AP - A look at economic developments and activity in major stock markets around the world Monday: |
| FTSE 100 up on miners (AFP)
November 16, 2009 at 12:34 pm
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|  AFP - The FTSE 100 rose on Monday after mining companies got a boost from higher metals prices and new data showed a rise in spending in the key US retail sector.
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| Sirius says it now complies with Nasdaq rules (AP)
November 16, 2009 at 12:10 pm
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| | AP - Satellite radio provider Sirius XM Radio Inc. said Monday it's been notified it now complies with the Nasdaq's independent director and audit committee requirements. |
| How the Supreme Court May Make Mutual Funds More Expensive (U.S. News & World Report)
November 16, 2009 at 11:20 am
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| | U.S. News & World Report - As the Supreme Court mulls over mutual funds' fees, analysts have lined up to read between the lines. And while a decision in Jones v. Harris Associates is probably months away, there is no shortage of opinions about its implications. |
| Beazer Homes CEO McCarthy may face civil charges (AP)
November 16, 2009 at 11:17 am
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| | AP - Federal regulators have notified Beazer Homes USA Inc. that its top executive could face civil charges over incentive compensation. |
| Stocks rise early as retail sales rebound in Oct. (AP)
November 16, 2009 at 9:36 am
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|  AP - Stocks are moving higher at the open after a new report showed retail sales rebounded more than expected in October.
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| TSX may open higher on gold, oil (Reuters)
November 16, 2009 at 7:57 am
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| | Reuters - Toronto's main stock market index could open higher on Monday as gold prices climbed to a fresh high and oil rose, while investors await October U.S. retail sales due out before the market's open. |
| Oil prices rally on weak dollar (AFP)
November 16, 2009 at 7:39 am
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|  AFP - Oil prices advanced on Monday, as traders took their cue from the weak dollar and rising global equities, and as OPEC signalled that 75-80 dollars a barrel was a satisfactory level for crude.
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| European stocks rally, London strikes 2009 high (AFP)
November 16, 2009 at 6:57 am
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|  AFP - European stock markets rallied Monday, with London hitting a 2009 peak, as the mining sector was boosted by higher metals prices and a weak dollar, analysts said.
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| FTSE adds 0.43%, buoyed by miners (AFP)
November 16, 2009 at 5:46 am
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|  AFP - London's FTSE advanced at the start of trading on Monday, adding 0.43 percent at 5,319.08 points.
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| Stock futures signal gains; retail sales eyed (Reuters)
November 16, 2009 at 4:46 am
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|  Reuters - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.84 percent, Dow Jones futures up 0.57 percent and Nasdaq 100 futures up 0.55 percent at 0925 GMT (4:25 a.m. EST).
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