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September 5, 2008 5:12:29 PM CDT

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Stories related to: FTSE

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  • September 2007

    • Bank of England Props Up Mortgage Lender

      Guardian (UK)  |  Sep 14, 07 9:12 AM CDT

      Bank of England Props Up Mortgage Lender

      (Newser) - Shares of Northern Rock fell 25% today on news that the group, Britain's fifth-largest mortgage lender, got an emergency shot of cash from the Bank of England last night. As worried customers lined up outside Northern Rock branches, the central bank's chancellor urged calm. "At the moment there is plenty of money in the system," said Alistair Darling. More »

      Tags

      Great Britain  • credit crisis  • Northern Rock  • Bank of England  • FTSE

  • August 2007

    • Markets Jump on Fed Move

      Wall Street Journal  |  Aug 17, 07 10:04 AM CDT

      Markets Jump on Fed Move

      (Newser) - Stocks rallied in early trading today after the Federal Reserve shaved a half-point off of one of its key interest rates, the Wall Street Journal reports. The Dow initially shot up more than 300 points; after settling some, it was up 150.46 by midmorning. European stocks were buoyed as well, with London's FTSE 100 jumping 2.1% after a disastrous plunge yesterday. More »

      Tags

      Federal Reserve  • stock market  • stocks  • markets  • New York Stock Exchange  • FTSE

    • European Markets Continue to Skid

      Financial Times (UK)  |  Aug 17, 07 5:45 AM CDT

      European Markets Continue to Skid

      (Newser) - Financial markets across Europe were off again in midmorning trading. In London, the FTSE opened slightly higher and then suffered new losses as UK traders continued to reel from yesterday's steep fall-off, the exchange's most calamitous one-day drop in years. At mid-morning the index was down 0.2% and markets in France and Germany experienced similar losses. More »

      Tags

      credit crisis  • stocks  • markets  • European markets  • FTSE

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