Posted: 30 Jun 2011 01:39 PM PDT
Reuters - U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece's debt crisis indicated further gains in July.Posted: 30 Jun 2011 06:11 PM PDT
Reuters - Treasury Secretary Timothy Geithner is considering stepping down later this year, but will not make a decision until contentious negotiations over the U.S. debt ceiling are completed, people familiar with his thinking said on Thursday.
Posted: 30 Jun 2011 07:18 PM PDT
Reuters - The case against former International Monetary Fund chief Dominique Strauss-Kahn, who was charged with sexually assaulting a hotel housekeeper, is near collapse, the New York Times reported on Thursday.Posted: 30 Jun 2011 06:04 PM PDT
Reuters - A top Federal Reserve official said on Thursday large-scale bond buying can be an effective monetary policy substitute when the central bank runs out of room to cut interest rates.Posted: 30 Jun 2011 05:20 PM PDT
Reuters - Citigroup Inc has entered into exclusive talks with a bidding group to sell its OneMain consumer lending unit formerly known as CitiFinancial, the Wall Street Journal reported, citing a person familiar with the matter.
Posted: 30 Jun 2011 09:25 AM PDT
AFP - European stock markets extended strong gains on Thursday following Greece's approval of austerity measures needed to unlock critical bailout funding and stave off a debt default.Posted: 30 Jun 2011 10:26 AM PDT
AP - Major business events and economic events scheduled for Friday:
Posted: 30 Jun 2011 10:04 AM PDT
AP - Constellation Brands Inc., which sells Robert Mondavi wine, Svedka vodka and Corona beer, said Thursday its first-quarter profit jumped 52 percent to $75 million on cost-cutting efforts and improved sales of wine, spirits and imported beers in North America.Posted: 30 Jun 2011 06:38 PM PDT
AP - An executive convicted of orchestrating a nearly $3 billion fraud as chairman of one of America's largest private mortgage companies was sentenced Thursday to 30 years in prison by a judge who accused him of lacking remorse.
Posted: 30 Jun 2011 06:59 PM PDT
AFP - The criminal case against ex-IMF chief Dominique Strauss-Kahn, accused of sexually assaulting a New York hotel maid, is on the verge of collapsing, the New York Times reported.Posted: 30 Jun 2011 09:45 AM PDT
Reuters - New-car retail sales in the U.S. market cooled in the third week of June from the stronger pace of the first two weeks, a top industry consulting firm said on Thursday.
Posted: 30 Jun 2011 01:58 PM PDT
Investor's Business Daily - The days are longer, the weather's turned warm. But in what should be peak homebuying season, many sellers only hear crickets chirping.
Posted: 30 Jun 2011 03:36 PM PDT
AFP - Argentina is promoting the idea of an OPEC-like cartel for itself, Bolivia and Chile, which together control 85 percent of the world's reserves of lithium, a key component in electric car batteries.Posted: 30 Jun 2011 06:31 PM PDT
AP - In an echo of the debate unfolding in Washington, Minnesota hurtled toward a midnight government shutdown Thursday in a dispute over taxes and spending that could force thousands of layoffs, bring road projects to a standstill and close state parks just ahead of the Fourth of July weekend.Posted: 30 Jun 2011 03:47 PM PDT
Investor's Business Daily - Toyota boosted its June incentive spending 31% vs. May, while Honda added 4%, a sign the top 2 Japanese vehicle makers are moving past production issues related to the March earthquake and tsunami. Industrywide, incentives rose 2% in June, to $2,165 a vehicle. U.S. automaker spending ticked up 0.2%. Ford led with an 11% jump. Ford rose 2.8% to 13.79. Toyota gained 1% to 82.42. Honda dipped 3 cents to 38.61.
No comments:
Post a Comment