Wall St up again on Greece, but investors skittish

Wall St posts biggest 3-day surge in three months (Reuters)

Posted: 29 Jun 2011 02:56 PM PDT

Reuters - Wall Street closed its best three-day run in three months on Wednesday after the Greek parliament approved austerity measures to avoid defaulting on its debt.

Asia looks to "friend" Lagarde to honor IMF pledges (Reuters)

Posted: 29 Jun 2011 05:31 PM PDT

Reuters - Asia's fast-rising economies set their sights on securing key IMF posts under new chief Christine Lagarde, hopeful she would be the one to make good on oft-heard pledges to give more power to emerging markets.

LSE, TMX abort their merger, leaving both in play (Reuters)

Posted: 29 Jun 2011 02:26 PM PDT

Reuters - The London Stock Exchange's C$3.6 billion ($3.7 billion) plan to buy its Toronto counterpart collapsed on Wednesday in the face of a competing bid led by Canadian banks, leaving the UK exchange itself vulnerable to takeover.

Wall St up again on Greece, but investors skittish

Wall St up again on Greece, but investors skittish (Reuters)

Posted: 28 Jun 2011 01:34 PM PDT

Reuters - U.S. stocks rose for a second day on Tuesday on optimism that a solution to Greece's debt crisis was near, although low volume indicated underlying nervousness in the market.

Lagarde wins IMF top job, presses Greece on crisis (Reuters)

Posted: 28 Jun 2011 05:17 PM PDT

Reuters - French Finance Minister Christine Lagarde on Tuesday clinched the top job at the IMF, keeping the international lender in the hands of a European at a time of growing concern over a possible Greek debt default.

BofA near $8.5 billion settlement on securities (Reuters)

Posted: 28 Jun 2011 05:15 PM PDT

Reuters - Bank of America Corp is close to a deal to pay $8.5 billion to settle claims from a group of powerful investors that lost money on mortgage-backed securities, a person familiar with the matter said on Tuesday.