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- 04/09/2012 - Bernanke calls for better shadow bank regulation
- The chairman of the Federal Reserve called Monday night for better regulation of the so-called shadow banking industry, which he says poses risks to the financial system as a whole. Fed Chairman Ben Bernanke told at an Atlanta Fed conference on financial policy that regulation of financial-services firms isn't yet up to the same standards of monetary...
- 04/08/2012 - Mexican, Brazilian stocks join global selloff
- Mexican and Brazilian stocks fell Wednesday, taking part in a worldwide selloff in equities as global growth concerns were stoked by a spike in borrowing costs for Spain because of weak demand for the country's debt. The ramp-up in concerns about Spain's economy further fed euro-zone recession fears. It also followed worries about the strength of...
- 04/08/2012 - Yahoo to cut 2,000 jobs, sees $375 million savings
- Yahoo Inc. on Wednesday said it's cutting 2,000 jobs in hopes of turning the Web portal into a "smaller, nimbler, more profitable" company. Yahoo (YHOO) said it anticipates saving roughly $375 million a year as a result of the job cuts, as management pursues a plan to "intensify efforts and redeploy resources globally." But one analyst warned ...
- 03/13/2012 - IBM moves to new all-time highs ...
- IBM: IBM moves to new all-time highs @ 201.57, lifting over last weeks high vol. peak; IBM now +0.30% in th4 DIA...
- 03/08/2012 - U.S. jobless claims rise to five-week high
- New applications for unemployment benefits rose to the highest level in five weeks, but they remained in a range usually associated with better labor-market conditions, government data showed Thursday. Initial claims climbed by 8,000 to a seasonally adjusted 362,000 in the week ended March 3, the Labor Department said. Claims from two weeks ago were re...
- 02/29/2012 - Europe stocks close flat after Bernanke, LTRO
- European stock markets posted a flat finish Wednesday after U.S. Federal Reserve Chairman Ben Bernanke, in congressional testimony, said the global economic outlook remains uncertain. Equities had seen choppy trade in earlier activity, struggling to find direction after the European Central Bank allotted 529.5 billion ($713.4 billion) in cheap, three-...
- 02/22/2012 - Vivus weight-loss drug backed by FDA advisers
- Vivus Inc. said late Wednesday a Food and Drug Administration advisory panel recommended 20 to 2 that the agency approve its weight-loss drug Qnexa. Shares of Vivus, which had been halted all day Wednesday, surged 91% to $20.11 on heavy volume in after-hours activity. The FDA, which is not bound by the panel recommendations but often follows them, is set to ...
- 02/22/2012 - The U.S. dollar gained ground versus most major rivals on Wednesday
- The U.S. dollar gained ground versus most major rivals on Wednesday , climbing above the psychologically important 80-yen level versus the Japanese currency and edging higher versus the euro after data showed weaker-than-expected activity in the euro zone and China....
- 02/21/2012 - @DaytradersTweet +100% intraday alert ...
- @DaytradersTweet sent a super intraday alert via twitter today .. $SINA Feb 62.50 Calls tweeted at 0.51 and went up to 1.10 (over +100%) the same hour ! Follow him on Twitter : @DaytradersTweet...
- 02/21/2012 - Dow hits 13,000 for first time since May 2008
- U.S. stocks rose Tuesday, with the Dow Jones Industrial Average clearing 13,000 for the first time since May 2008, after European leaders backed another round of aid for Greece, keeping an immediate crisis at bay. The second round of aid for Greece "provides enough financing to avoid a disorderly default in the near term, but it's unlikely the story ...
- 02/21/2012 - Wal-Mart profit drops 15%; forecast may fall short
- Wal-Mart Stores Inc., the world's largest retailer, said Tuesday that its fiscal fourth-quarter profit fell 15%, as it invested in price-matching and various other initiatives to boost sales at the cost of gross margin. For the quarter ended Jan. 31, Wal-Mart (WMT), based in Bentonville, Ark., earned $5.16 billion, or $1.50 a share, compared with $6....
- 02/21/2012 - Euro trades flat after Greece rescue deal
- The euro traded flat against the dollar and Japan's yen Tuesday, failing to extend gains in the wake of a euro-zone agreement to approve a long-awaited bailout for Greece in what would be the second such financial rescue for the debt-ridden nation. The euro (EURUSD) changed hands at $1.3200, virtually unchanged from Monday, and also traded flat again...
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