Online Trading @ eTradersZone

The rate at which people were late making auto loan payments rose in the second quarter as consumers struggled amid rising job losses.
More: continued here

A bankruptcy judge late Monday recommended Grupo Mexico be allowed to regain control over copper miner Asarco LLC, saying its $2.2 billion bid is more likely to fully repay creditors than that of rival suitor Sterlite Industries.
More: continued here

The stock market was poised to end August with a sharp drop as worries about the world economy reappeared. Major stock indicators fell at least 1 percent in early afternoon trading Monday after a 6.7 percent plunge in China’s main index that also prompted selling in other countries.
More: continued here

Oilfield services company Baker Hughes Inc. said Monday that it will buy BJ Services Co. in a cash-and-stock deal valued at $5.5 billion that the company said will allow it to drive international growth and compete for projects of companies engaged in all phases of the oil business.
More: continued here

Asian markets headed lower Monday, with Chinese shares tumbling over 5 percent and Japanese stocks edging down after the country’s opposition party came to power in a landslide victory.
More: continued here