Market Gawk

CHICAGO (MarketWatch) — Illinois Sen. Barack Obama swept to victory in Democratic caucuses in Washington state on Saturday, besting Sen. Hillary Clinton of New York 67% to 32%, according to CNN vote counts. Obama earlier captured the state of Nebraska by a similar margin, the cable news network said. Nintey-seven delegates were at stake in Washington. At the start of the night Saturday, Clinton held a 100 delegate lead over Obama, according to media accounts.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla

French police reportedly release a Société Générale employee without charges, following two days of questioning about jailed trader Jerome Kerviel.

Original post by FeedZilla

Yahoo’s board of directors plans to reject Microsoft’s unsolicited $44.6 billion offer, according to a news report.

Original post by FeedZilla

WASHINGTON (MarketWatch) — Former Arkansas Gov. Mike Huckabee won the Kansas Republican caucus on Saturday, U.S. media reported, giving a boost to his long-shot campaign for the GOP nomination. With about three-fourths of the precincts counted, Huckabee had about 62% of the vote, with Sen. John McCain at 22% and Rep. Ron Paul at 11%. ‘Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla

The world’s top economies on Saturday promised coordinated action to restore confidence in global markets as financial turmoil slows U.S. growth, but with each country having different priorities, they didn’t offer a specific remedy.

Original post by FeedZilla

The Dubai Financial Market has recorded the value of shares and bonds bought by foreign investors from February 3 - February 7 a total of Dhs4.823bn. Net foreign investment on the market reached Dhs391.0m during the same period, as aggregate buy.

Original post by FeedZilla

National Bank of Abu Dhabi has launched its Dhs2bn settled floating rate subordinated convertible notes due 2018. The Notes are being marketed to investors with a floating rate coupon and will only be convertible into the ordinary shares of NBAD during the first 5 years after issue.

Original post by FeedZilla

Among the companies whose shares are expected to see active trade in Monday’s session are Hasbro, General Growth Properties, and CNA Financial.

Original post by FeedZilla

The long and bitter Hollywood writer’s strike that has wreaked havoc on television schedules and led to millions of dollars of lost income for the entertainment industry may soon be over.

Original post by FeedZilla

Finance ministers and central bankers from the Group of Seven industrialized nations say the global economy faces risks due to the U.S. housing market, tight credit markets and high oil and commodity prices.

Original post by FeedZilla