Stocks Rally on Bank and GM News Boosting Markets
Wall Street surged as banks, General Electric, General Motors and Pfizer buoyed sentiment. The Dow Jones climbed to a two week high near 7170, with gains over three days led by easing concerns over bad assets and a positive earnings tone from Bank of America and Citigroup.
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New York
Dow Jones
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Wall Street
Scott Bleier
Ital Advisors
Congress
Doreen Mogavero
Dow
Bank of America Corp
General Electric Co
General Motors Corp
Pfizer Inc
Pfizer
Bank of America
Citigroup Inc
Roche to buy Genentech for 46.8 billion in cash
Roche plans a 46.8 billion cash tender to acquire the remaining 44 percent of Genentech, valuing the California biotech at over 100 billion. The deal, backed by Genentech's board, seeks to merge pipelines and preserve the firm’s research culture amid a March 25 tender deadline.
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New York
Roche
Billlion
Genentech
San Francisco
Genentech Inc
Roche Holding AG
Stoex Manner Indexes
Aee
Dow Industrials
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Dow Transportation
NYSE
S&p
Wilshire
Capetr
Ntsrity
Aerocairy
Caracop
ProvidSve
MediaGen
GreenBesh
Nbgrepta
GSE
Os PreuTe
Carrokb
Adxinvaxf
Crindxog
Dixscbear
WatiAbsorb
StDynams
Proushtfn
Pera
Agence
Pt Faltin
Wells Fargo
GranTrain
Apple Inc
Atat Inc
Ny OM
Pwshs
Prushsbp
Promqqq
ProciGam NY
SchemgPi NY
Sherwin NY
Spdr Frei NY
Usbancsp NY
Usoifd NY
Wells Fargo NY
Ine
Bcp Nas
Wendy Arby NY
Lwsands
Sweet
Nymx
WOIC
NYBT
New York Board of
Bala
Bonda
Eurpacgra m
Fninva m
Grthama m
Incamera m MA
Invcoama m LV
Dodge & Cox intiStk
Vanguard
Moingstar
Madoff pleads guilty to vast Wall Street Ponzi scheme
Bernard Madoff admitted the $65 billion fraud, pleading guilty to 11 counts and facing up to 150 years in prison. He stated he was deeply sorry and ashamed, taking sole responsibility while investors demanded accountability. He was jailed in handcuffs after the court revoked his bail.
MENTIONED IN THIS ARTICLE
New York
Bernard Madoff
Wall Street
Madoff
U.S
Denny Chin
DeWitt Baker
U.S. District Court
Baker
Judge okays releasing more frozen funds in Stanford case
A federal judge approved a motion to release over 4 billion dollars in Stanford assets held in accounts above 250000 at two brokerages. The move frees about 16000 accounts totaling 4.1 billion while 4000 accounts with 1.8 billion remain frozen. The SEC alleges a large fraud tied to CDs issued by Stanford National Bank.
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Stanford
Dallas
Texas
R. Allen Stanford
U.S
David C. Godbey
Securities and Exchange Commission
Godbey
SEC
Stanford National Bank
Kevin M. Sadler
Sadler
Ernest Leonard
Patrick Zummo
Houston
James Davis
Laura Pendergest
Pendergest- Holt
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The
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