Archive for June, 2009

Asian markets gain on positive Chinese data (AP)

Most Asian stock markets clawed higher Wednesday after data showed the region’s two biggest economies are inching toward economic recovery.
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Commodity Currencies Decline On Expectations For Further Global Contraction (Daily FX)

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Spectrum Pharmaceuticals to Raise $21 Million from Institutional Investors at $7.1525 Per Share (Business Wire)

IRVINE, Calif.—-Spectrum Pharmaceuticals, Inc. , a commercial-stage biotechnology company with a focus in oncology, today announced that it has received commitments from institutional investors to purchase $21 million of securities in a registered direct offering.
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Wall St brakes on confidence data, but has upbeat Q2 (Reuters)

Stocks fell on Tuesday as an unexpected drop in consumer confidence cooled recent optimism about an economic recovery, but Wall Street still closed out its best quarter in a decade.
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Oil falls 2 percent, U.S. consumer confidence weighs (Reuters)

Oil prices fell 2 percent to below $70 a barrel on Tuesday after a drop in U.S. consumer confidence data in May added to concerns over a potential economic rebound.
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