Wall Street mostly dips, but off lows with help from HP
By Angela Moon NEW YORK (Reuters) - U.S. stocks mostly edged lower on Thursday but were sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus. Hewlett-Packard jumped nearly 15 percent and helped the Dow s......
U.S. prosecutors sought testimony from top SAC executives: WSJ
NEW YORK (Reuters) - U.S. prosecutors are seeking testimony from three senior executives of the $15 billion hedge fund SAC Capital Advisors, the Wall Street Journal reported on Thursday. The U.S. Attorney's office for the Southern District of New York issued subpoenas to SAC's president, chief compliance officer and head of trading, accor......
US stock market recovers most of an early loss
NEW YORK (AP) ? Stock prices are slightly lower at midday on Wall Street after manufacturing contracted unexpectedly in China this month.
Stock slump continues on Wall Street
NEW YORK (AP) ? A global stock market slump is continuing on Wall Street as traders worry about how committed the Federal Reserve remains to keeping up its bond-buying program.
HOW TO PLAY IT-Despite hot stock market, you should avoid Japan
By David Randall NEW YORK, May 23 (Reuters) - Japan's white-hot stock markethas investors crowding in, but there are a few reasons why youshouldn't follow the pack. It's a temptation, of course. The benchmark Nikkei 225 indexis up 50 percent for the year, more than any other developedmarket, and nearly triple the approximate 17 percent gain forthe ......
US equities sell-off goes on; futures slump
NEW YORK (AP) ? The momentum of a late sell-off on Wall Street carried over into a second day, sending U.S. futures and global stock markets into retreat.
Angola to open bourse in 2016, secondary bond market end-2013
By Shrikesh Laxmidas LISBON (Reuters) - Angola plans to open its much-delayed stock market in 2016 and could even bring it forward to 2015 if the bourse was used to privatise state-owned companies, the country's Capital Markets Commission (CMC) said on Thursday. A Luanda bourse, a potential entry point for foreigners, has been in the pipeline for m......
Abu Dhabi's holding firm Senaat plans share sale - sources
By Stanley Carvalho and David French ABU DHABI, May 23 (Reuters) - An Abu Dhabi government-ownedholding company may sell its own shares or off-load a stake inone of its main businesses as part of plans to spur listings onthe local stock market, three sources familiar with the mattertold Reuters. General Holding Corp (Senaat), which has nearly $7 bi......
HP raises 2013 outlook as Whitman's plan takes hold
By Poornima Gupta SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. While fiscal second-quarter profit plummeted 32 percent, Wall Street had braced f......
Fee income boosts S.Africa's Investec FY earnings by 18 pct
JOHANNESBURG (Reuters) - South African investment bank and asset manager Investec reported an 18 percent rise in full-year profit on Thursday, boosted by strong income from fees and commissions. Investec, which is also listed in London, said diluted headline earnings per share totalled 30 pence in the year to end-March, compared with 25.4 pence a y......
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SmartMoney Hotline - August 26
Bob and Nicole discuss buying life insurance and planning for college.
SmartMoney Hotline - August 13
Bob and Nicole talk about the outlook for real estate and affording college.
SmartMoney Hotline - August 6
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SmartMoney Hotline - July 16
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Smartmoney Hotline - July 1
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SmartMoney Hotline - June 18
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SmartMoney Hotline - June 4
Bob and Nicole talk about selling GM stock and buying cars.