Wikinvest Wire

Friday morning links

Friday, April 24, 2009

U.S. Said to Seek a Chrysler Plan for Bankruptcy - NY Times
Banks May Struggle for Funds as Bad Assets Triple - Bloomberg
U.S. pressured BofA to complete Merrill deal - Reuters
Edgy Banks Start to Get Word Today on Stress Tests - NY Times
The world economy: A glimmer of hope? - Economist
Borrowing puts UK's AAA rating in danger after Budget 2009 - Telegraph
HSBC’s Absolute Return Fund Buys Gold, Seeking to Diversify - Bloomberg
Property in America: Commercial break - Economist

Gold Rises as China Increases Reserves - Bloomberg
U.S. first-quarter earnings exceed expectations - Reuters
Central Bankers cannot prevail in war against gold - Mineweb
Apple Powers Nasdaq 100 Performance - AP
Gold miners could surprise on costs due to oil - Reuters
Retest of March 9 low coming? - MarketWatch

U.S. durable goods orders fall 0.8 percent in March - Reuters
Automakers teeter on verge of industry shutdown - USA Today
U.S. Existing Home Sales Dropped More Than Forecast - Bloomberg
Economic outlook remains bleak as world leaders gather - USA Today
Geithner says downturn may be easing - Reuters

Spain's jobless rate jumps to 17.4 percent - AP
China gold reserves apparently doubled - MarketWatch
Germany's slump risks 'explosive' mood, new banking crisis looms - Telegraph
Analysts hike forecasts for China's economic growth - MarketWatch
British economy: Sharpest decline since '79 - CNN/Money
Britain after the budget: Hubris and nemesis - Economist
Economics focus: Not quite so SAFE - Economist
Dubai: A new world - Economist

Outlook for Home Prices Clouded by Spat Over Historical Trends - WSJ
So. Florida remains conflicted: Sales soaring, but prices plunging - Sun Sentinel
Foreclosures Huff, Puff, and Blow Housing Market Down - Motley Fool
Buttonwood: Down and out - Economist

Fed reports huge balance sheet jump - CNN/Money
Bernanke and Paulson look foolish if Lewis is right - MarketWatch
Fed data shows big losses on Bear Stearns deal - Reuters
Tim Geithner: Baptism of fire - Economist

Countrywide name to vanish from U.S. - Trading Markets
Elton John’s Wealth Drops 26% in Crisis - Bloomberg
How Bernie did it - CNN/Money


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