Stocks
U.S. Stocks Retreat, Led by GM; Exxon Mobil Declines on $25 Crude Forecast U.S. stocks fell for the first time in
three days, pushed down by concern General Motors Corp. may file
for bankruptcy and a plunge in energy shares following Merrill
Lynch & Co.’s prediction that oil will hit $25 a barrel.
Actuate, Novell, Thoratec, TRW, Yahoo, Yum Brands: U.S. Equity Preview The following companies may have
unusual price changes in U.S. trading tomorrow. Stock symbols
are in parentheses, and share prices are as of 5:25 p.m. in New
York, unless otherwise specified.
Most Brazil Stocks Gain on Interest-Rate Cuts, Pulp Mergers; Bolsa Drops Most Brazilian stocks rose after
central banks around the world lowered interest rates to boost
economic growth and speculation grew that the country’s biggest
pulp producers may revive plans to merge.
Canada Stocks Decline, Led by Canadian Natural, as Parliament Is Suspended Canadian stocks fell as oil prices
slid below $44 a barrel and Prime Minister Stephen Harper won a
suspension of Parliament, delaying an opposition bid to bring
down his government and hasten an economic stimulus package.
Citadel Funds Said to Lose 13% in November, Bringing Year's Decline to 47% Citadel Investment Group LLC, the
Chicago-based hedge-fund firm run by Kenneth Griffin, lost
13 percent in November, bringing the decline for the year to
47 percent, according to two people familiar with the matter.
Akzo Nobel, BASF, Fiat, Vinci May Move: European Stock Market Preview The following companies may have
unusual price changes in European trading. Stock symbols are in
parentheses, and share prices are from the previous close.
Antisoma, Berkeley, British Land, Waterford: U.K., Irish Equity Preview The following is a list of companies
whose shares may have unusual price changes in U.K. and Irish
markets today. Stock symbols are in parentheses and prices are
from the last market close.
ArcelorMittal, Piscines Desjoyaux, Trilogiq, Wendel: French Stocks Preview The following is a list of companies
whose stocks may have unusual changes in Paris. Symbols are in
parentheses after company names and prices are from the last
close.
ICAP Said to Plan Trading System, `Dark Pool' for Stocks to Rival Bourses ICAP Plc, the world’s largest broker
of trades between banks, plans to start an alternative trading
platform for stocks in competition with traditional exchanges,
according to a person with direct knowledge of the situation.
Asian Stocks Gain as Slump in Crude Oil Reduces Costs; Nintendo Advances Asian stocks rose, led by electronics
companies, on speculation a slump in oil prices below $44 a
barrel will reduce companies’ costs and spur consumer spending.
Japan Stocks Extend Weekly Drop on Bank Profit Concern; Tiremakers Advance Japan stocks fell, extending a weekly
loss, as a dimmer earnings outlook for lenders prompted Goldman
Sachs Group Inc. to cut price targets on the nation’s biggest
banks, overshadowing benefits to manufacturers from oil’s decline.
Australia Stocks: BHP, Fairfax, Felix, Fortescue, Rio, Santos, Woodside The S&P/ASX 200 Index slipped 42.50
points, or 1.2 percent, to 3,489.90 at the close of trading in
Sydney, taking its weekly loss to 6.8 percent. The broader All
Ordinaries Index lost 40.90 points, or 1.2 percent, to 3,427.20,
while the futures contract expiring in December declined 0.5
percent to 3,522.
China's Stocks Gain for Fifth Day as Oil Drops; Moutai, Vanke Lead Advance China’s stocks rose, driving the
benchmark index higher for a fifth day, on speculation lower
energy costs will spur consumer spending and cut corporate costs
as the government adds measures to bolster the economy.