Stock Market and Financial News - Finance

08.09.2009 British Barclays fined on $4 millions
The Financial Services Authority (FSA) fined Barclays Bank on 2.45 million pounds ($4 million) for failing to maintain accurate records of bank transactions and the "serious shortcomings" of control systems in two of its departments.

03.09.2009 ECB has improved the economic forecast for 2009-2010
European Central Bank (ECB) has improved the economic outlook for 2009-2010. The ECB expects eurozone gross-up this year to decline by 4.1% and will grow by about 0,2% next year. In June, predicted decrease of both indices - by 4,6% and 0,3%

31.08.2009 Walt Disney buys Marvel Entertainment for $ 4 billion
Walt Disney Co. buys a company Marvel Entertainment Inc., specializing in the production of films based on comics. Deal Price - $ 4 billion, said in a press release, the two companies.

31.08.2009 Profit from helping banks, already exceeds $ 4 billion.
Profit, which U.S. authorities learned of the assistance to banks, faced bankruptcy in September last year, already exceeds $ 4 billion. Average profitableness was 15% per annum, with the highest profitableness showed the assistance provided by American Express: over 3.4 billion dollars received from the state, American Express has paid an additional 414 million, giving 23.4% per annum.

30.08.2009 At the auctions in Europe on Friday
At the auctions in Europe on Friday observed the dynamics of different directions, but the major stock indexes managed to close in positive territory.

28.08.2009 Oil futures market on this week
Oil futures market tends to restore the natural negative spread between Brent crude and petroleum Light Sweet, who the previous two days remained positive. Current price of Brent crude oil remains above the current price of oil WTI, but on the maximum price quotes already observed a small negative price difference.