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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (2800)9/17/2007 1:02:45 PM
From: peter michaelson  Read Replies (1) | Respond to of 6370
 
Why is AL (lse) sharing in that fall?



To: RockyBalboa who wrote (2800)9/19/2007 8:02:10 AM
From: RockyBalboa  Read Replies (2) | Respond to of 6370
 
With such a clear indication that the Fed is not going to let the problems in debt markets spread any further, Alliance & Leicester (LSE: AL.L - news) and Standard Life (LSE: SL.L - news) showed strong gains, but Northern Rock (LSE: NRK.L - news) has since given back all yesterday's recovery.

The beleaguered mortgage lender was rocked by rumours that Lloyds TSB is preparing to launch a bid for the group worth just 200p per share.