Stock and job woes take toll on Americans’ mood

Stock and job woes take toll on Americans’ mood
Stung by falling stocks and sick of waiting for jobs to come back, Americans are in a sour mood about the economy. And it’s getting worse fast.

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Chuo Mitsui Trust Aims to Sell Japanese Stock Funds to Overseas Pensions

Chuo Mitsui Trust Aims to Sell Japanese Stock Funds to Overseas Pensions
Chuo Mitsui Trust Holdings Inc. said it aims to sell 200 billion yen in ($2.2 billion) in Japanese stock-based investments to overseas pension funds this year as it targets growth abroad.

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PPL raises $3.64B in stock and unit offering

PPL raises $3.64B in stock and unit offering
Power provider PPL Corp. said Monday that it raised more than $3.64 billion in a stock and equity offering to help finance its $7.6 billion acquisition of two Kentucky utilities.

Read more on The Philadelphia Inquirer

Stock Market News for June 28, 2010

Stock Market News for June 28, 2010
China’s announcement last week that it would let yuan appreciate was seen as a vote of confidence in the global economic recovery. Majority of the firms exporting to China saw an immediate strength to their bottom lines, but as the week progressed fears that European recovery would stumble had that early enthusiasm fading.

Read more on Zacks.com via Yahoo! Finance

Cramer: Cheapest Housing Stock

Cramer: Cheapest Housing Stock
NEW YORK (TheStreet) – - Weyerhaeuser is the most undervalued housing stock according to Director of Research Stephanie Link and Jim Cramer.

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Hillman steals Super Stock feature

Hillman steals Super Stock feature
A shocking last-lap breakdown by Tom Karis, when he appeared to have the Super Stock feature win in hand, allowed Ben Hillman to motor by him on the final straightaway and stun the crowd with the development as Hillman took the win to highlight the racing action Friday night at the Red Cedar Speedway.

Read more on Dunn County News

Philippine Stock Exchange Approves REIT Listing Rules

Philippine Stock Exchange Approves REIT Listing Rules
Philippine Stock Exchange Approves REIT Listing Rules

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U.S. Stock-Index Futures Gain; S&P 500 Contract Rises 0.4%

U.S. Stock-Index Futures Gain; S&P 500 Contract Rises 0.4%
U.S. stock-index futures advanced, indicating the Standard & Poor’s 500 Index will pare its weekly decline, as Oracle Corp. rallied on better-than-estimated earnings. Futures on the S&P 500 expiring in September climbed 0.4 percent to 1,074.7 at 7:46 p.m. in New York.

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Racing Notebook: Stock cars set to take spotlight at Quincy Raceways

Racing Notebook: Stock cars set to take spotlight at Quincy Raceways
The first of three straight Sunday nights of major dirt-track events unfolds this evening at Quincy Raceways with the Tri-State Stock Car Shootout. The Tri-State Shootout offers the biggest payday of the season for the stock cars. The winner will cash a $1,000 check.

Read more on Quincy Herald-Whig

EpiCept signs definitive agreements for purchase of 6.1M shares of common stock

EpiCept signs definitive agreements for purchase of 6.1M shares of common stock
EpiCept Corporation announced today that it entered into definitive agreements for the purchase of approximately 6.1 million shares of its common stock at $1.10 per share, five year warrants to purchase up to approximately 4.6 million shares of common stock at an exercise price of $1.57 per share exercisable beginning December 30, 2010 and one year warrants to purchase up to approximately 6.1 …

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