Yahoo! News: Stock Markets NewsStock Markets NewsGrasso case "over" as court dismisses claims (Reuters)- July 1, 2008 Reuters - Former New York Stock Exchange chief Richard Grasso won a knockout victory on Tuesday in his four-year fight to keep every last penny of his $187.5 million pay package, as an appeals court threw out the state's remaining claims against him.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/nm/20080701/us_nm/gra... Ex-NYSE chief can keep 100-million-dollar payout: court (AFP)- July 1, 2008 AFP - An appeals court Tuesday gave former New York Stock Exchange (NYSE) chief Richard Grasso a total victory by dismissing all claims seeking reimbursement of a contested 100-million-dollar severance payout.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/afp/20080701/ts_alt_a... Wall Street zigzags on first day of 3rd quarter (AP)- July 1, 2008 AP - Wall Street began the third quarter with an erratic session and modest gain Tuesday after a mix of news made it clear the country is still deep in economic problems but may have some positive trends including some better than expected sales for General Motors Corp.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/ap/20080701/ap_on_bi_... NY drops claims against Grasso after court defeat (AP)- July 1, 2008 AP - The four-year legal battle over former NYSE Chairman Richard Grasso's $187.5 million compensation package ended Tuesday when a New York appeals court dismissed claims against him of excessive pay and the state's top prosecutor said the case was closed.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/ap/20080701/ap_on_bi_... GM's sales surprise lifts Wall St., Starbucks up late (Reuters)- July 1, 2008 Reuters - U.S. stocks rose on Tuesday, after embattled automaker GM surprised Wall Street with stronger-than-expected June sales and financial shares reversed earlier losses as investors scoured for bargains, overshadowing concerns about record oil prices.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/nm/20080701/bs_nm/mar... London shares remain low (AFP)- July 1, 2008 AFP - Blue chips remained at lower levels midafternoon, dragged down by the banking sector amid fears of profit warnings, with Wall Street lower on the back of ongoing concerns over rising oil prices.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/afp/20080701/wl_uk_af... Banking woes, oil fears hit global markets (Reuters)- July 1, 2008 Reuters - The second half of 2008 got off to a brutal start for equity investors on Tuesday as worries about the banking sector battered European stocks while inflation fears increased with oil over $142 a barrel.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/nm/20080701/bs_nm/mar... Real Estate: Making the REIT Picks (BusinessWeek Online)- July 1, 2008 BusinessWeek Online - After a great run, real estate investments have suffered over the past year, with the average real estate mutual fund down 18%, according to Morningstar. David Lee has managed the $2.5 billion T. Rowe Price Real Estate Fund (NASDAQ:TRREX - News) since it opened in October 1997, so he has seen tough times before. In the two years after the fund started, shares of real estate investment trusts (REITs) lost almost 20%, even as the Standard & Poor's 500-stock index raced ahead.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/bw/20080701/bs_bw/jun... European shares dive as inflation worries bite (AFP)- July 1, 2008 AFP - Europe's main markets slumped on Tuesday, the start of the third quarter, as oil prices jumped back toward record highs, fuelling worries about rising inflation.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/afp/20080701/bs_afp/s... Frankfurt stock market index celebrates 20 years in business (AFP)- July 1, 2008 AFP - Much has changed at the Frankfurt stock exchange in 20 years but as its Dax index celebrates the milestone it remains the barometer for German economic well-being.http://us.rd.yahoo.com/dailynews/rss/stocks/*http://news.yahoo.com/s/afp/20080701/bs_afp/g... |