The stock market

AMSTERDAM (Reuters) - ABN AMRO, Goldman Sachs and World Online misled investors during the 2000 initial public offering (IPO) of the Dutch Internet provider, the Dutch Supreme Court ruled on Friday. The listing of World Online in March 2000 was the biggest Dutch Internet IPO at the time, valuing the company at 12 billion euros ($18 billion). The stock plunged after it became known that World Online's chief executive had sold shares far below the IPO price before the stock was floated. ABN AMRO and Goldman Sachs were jointly global coordinator, lead manager and bookrunner of the IPO. "The unlawful behavior of World Online, ... Read Full Story

India news Yum 1 hour 14 minutes ago ( http://us.rd.yahoo.com ) View profile Category : Business/Stocks Mumbai, Nov 28 (UNI) Heavy selling pressure from FIIs, induced by weak global cues, pushed the Sensex of Bombay Stock Exchange (BSE) steeply by 389.84 points below 17K mark during the week. Tell a friend   Bury Read Full Story

LONDON (Reuters) - Share trading on the London Stock Exchange <LSE.L> has been halted by technical difficulties, a spokesman for the bourse operator said on Thursday. As a result, all order-driven securities were placed in an auction call period at 1038 GMT (5:38 a.m. EST), with all share prices currently to be considered indicative, he added. The FTSE 100 <.FTSE> index level frozen at 5,264.97, down 99.84 points, or 1.9 percent, and whilst the FTSE 250 value is changing, this is due to exchange rate movements rather than price changes, the LSE said in a service alert. In addition, the distribution of all FTSE ... Read Full Story

India news Yum few seconds ago ( http://us.rd.yahoo.com ) View profile Category : Business/Stocks Mumbai, Nov 28: Heavy selling pressure from FIIs, induced by weak global cues, pushed the Sensex of Bombay Stock Exchange (BSE) steeply by 389.84 points below 17K mark during the week. Tell a friend   Bury Read Full Story

A brighter economic forecast from the Federal Reserve helped the stock market pare steep losses that followed uninspiring reports on consumer sentiment and housing. Stocks slipped from 13-month highs in light trading Tuesday as gains in health care companies helped offset drops in financial and industrial stocks. The Dow Jones industrial average fell 17 points a day after jumping by 133. The market strengthened in afternoon trading as the Federal Reserve released minutes from its latest meeting, during which it pledged to keep rates low for the foreseeable future and said inflation remained at bay. The Fed raised its expectations for economic growth during ... Read Full Story