NEW YORK Global stock markets are on their shakiest footing in years. Investors are fleeing stocks and running to safe-havens like bonds and gold, driven by concerns about economic growth the effectiveness of central banks' policies.
Two billionaire investors who have been agitating for the breakup of American International Group have gotten seats at the table of the giant insurer.
... * FTSEurofirst 300 down 3.7 pct at close. * Societe Generale slumps 12.6 pct after results. * Swedish banks hit by rate cut, further in negative.
(Adds details on plan, background). Feb 11 Southern California Gas Co said on Thursday it has temporarily controlled the flow of natural gas spewing from a ruptured underground pipeline that forced the relocation of thousands of residents of a Los ...
Nevertheless, CBS shares have been crushed along with the rest of the media conglomerates, and the stock was falling after the closing bell despite solid financial results.