Posted: 24 Jun 2011 05:27 PM PDT
Reuters - A bounce could be in the cards for stocks next week as bulls defend a key technical level and managers buy the quarter's winners to prop up their books.Posted: 24 Jun 2011 01:35 PM PDT
Reuters - Wall Street dropped for a third day on Friday on worries about the Italian banking sector and Greece's debt crisis, but the S&P 500 managed to hold its 200-day moving average in a sign buyers still see value.Posted: 24 Jun 2011 06:15 PM PDT
Reuters - The trustee seeking money for Bernard Madoff's victims is now demanding $19 billion in damages from JPMorgan Chase & Co, more than tripling what he hopes to recover from what had been the main bank for the now-imprisoned Ponzi schemer.
Posted: 24 Jun 2011 09:35 AM PDT
Reuters - New orders for U.S. manufactured goods and a gauge of business spending plans rose in May, easing fears of a sharp slowdown in factory activity.
Posted: 24 Jun 2011 05:01 PM PDT
Reuters - Larry Page should put in a call to Bill Gates.
Posted: 23 Jun 2011 03:26 PM PDT
Reuters - NYSE Euronext and Deutsche Boerse AG (DB1Gn.DE) agreed to pay roughly $900 million of dividends to settle U.S. shareholder lawsuits challenging their roughly $10 billion merger to create the world's largest exchange operator.
Posted: 24 Jun 2011 01:59 PM PDT
AP - Commodity prices were mostly lower Friday as investors searched for clues about whether the release of emergency oil reserves will help economic growth.
Posted: 24 Jun 2011 01:07 PM PDT
AP - MONDAY, June 27
Posted: 24 Jun 2011 05:18 PM PDT
AP - It's time to give your small business a checkup. The midpoint of the year is an ideal time to look at the company and see what's working, and what isn't. And to do some strategic and financial planning not only for the second half, but for next year too.
Posted: 24 Jun 2011 03:27 PM PDT
Reuters - Canada and Australia are backing Mexico's Augustin Carstens to head the International Monetary Fund, they said in a joint statement on Friday in an apparent bid to end Europe's traditional lock on the position.
Posted: 24 Jun 2011 04:27 AM PDT
AFP - Britain's Home Retail Group on Friday said it had bought the Habitat UK brand and three of its London furniture stores for £24.5 million from US private equity firm Hilco.Posted: 24 Jun 2011 12:19 PM PDT
Reuters - U.S. prosecutors have urged a judge to send the former chairman of bankrupt Taylor, Bean & Whitaker Mortgage Corp to prison for the rest of his life for masterminding the $2.9 billion fraud scheme that took down the company.Posted: 24 Jun 2011 03:34 PM PDT
Investor's Business Daily - The natural gas pipeline operator rose above a $39-a-share takeover offer from Williams disclosed after the market closed Thu., suggesting investors expect higher rival bids. Williams' offer topped Energy Transfer's $33-a-share offer, helping lift Southern Union's shares as high as 41.68 before they settled up 16.7% at 39.85. As natural gas prices have fallen, pipeline operators are looking to increase their capacity to transport gas. Williams fell 2.3% to 28.55. Energy Transfer declined 5.5% to 43.06.
Posted: 24 Jun 2011 04:38 PM PDT
Reuters - Republicans and Democrats dug in their heels Friday as President Barack Obama prepared to wade into a divisive debate over taxes and spending aimed at heading off a default on the U.S. government's debt.Posted: 24 Jun 2011 03:36 PM PDT
Investor's Business Daily - J.D. Power estimates June U.S. auto sales will rise 8% from a year ago, saying inventory shortages caused by the Japanese earthquake weren't as severe as first thought. It also sees pickup trucks and compact cars both growing their share of overall sales between May and June. Edmunds sees new U.S. auto sales climbing 11% in June, led by gains at U.S. carmakers, especially Chrysler, and Nissan (OTCPK:NSANY). Nissan dipped 0.2% to 20.83. Ford fell 1.7% to 13.24. GM slid 0.7% to 29.92.
Posted: 24 Jun 2011 05:08 AM PDT
BusinessWeek - For many students and their schools, an MBA stands for Master of Business Administration during the program and then for McKinsey, Bain, and Accenture once the job search begins. So much is made of return on investment when the subject of MBAs is raised that it seems to be an undisputed truth that these programs naturally lead to positions with large, public companies.
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