Behind Your Business

U.S. REITs seeking billions in IPOs, follow-ons (Reuters)

admin — Sun, 19 Jul 2009 16:04:24 +0000

Reuters - Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress in the commercial real estate market, and more are on the horizon.

China says recent Urumqi unrest was premeditated (AP)

admin — Sun, 19 Jul 2009 15:23:36 +0000

AP - The Chinese government acknowledged for the first time that police killed 12 people during July 5 unrest in western China but put the blame squarely on rioters, saying they stockpiled weapons and planned synchronized attacks on targets across the city of Urumqi.

Sec. Clinton visits India, urges help vs. terror (AP)

admin — Sat, 18 Jul 2009 11:29:35 +0000

AP - U.S. Secretary of State Hillary Rodham Clinton opened a three-day visit to India on Saturday by urging India not to repeat American mistakes in contributing to global pollution, and she passionately defended U.S. demands for help in fighting terrorism.

Resurgent Wall Street to be tested by earnings, Fed (AFP)

admin — Sat, 18 Jul 2009 04:02:02 +0000

AFP - A suddenly resurgent Wall Street, riding a wave of economic optimism, faces challenges in the coming week with a slew of earnings reports and a detailed Federal Reserve outlook.

Earnings to decide stocks’ fate (Reuters)

admin — Sat, 18 Jul 2009 02:20:09 +0000

Reuters - Earnings are set to take center stage again next week as more marquee U.S. companies line up to report their quarterly scorecards and investors decide whether to keep pushing stocks higher.

How the major stock indexes fared on Friday (AP)

admin — Fri, 17 Jul 2009 22:22:07 +0000

AP - Stocks ended little changed but held onto an enormous gain for the week. Investors are looking to another flood of corporate earnings reports next week to provide more signs that the economy is healing. Earnings reports on Friday were mixed. Bank of America Corp. and Citigroup Inc. became the latest banks to report big profits but also weakness in their loan portfolios. General Electric Co. beat earnings forecasts, but its revenue came up short.

Stocks cap strong week with mixed finish (AP)

admin — Fri, 17 Jul 2009 22:17:03 +0000

AP - Investors are betting that the stock market has restarted its spring rally.

The Dow Jones industrials’ moves since Lehman fall (AP)

admin — Fri, 17 Jul 2009 21:57:03 +0000

AP - How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. Since Lehman's fall, which touched off a paralysis of the credit markets and deepened the recession, the stock market has gone through an extended period of volatility before kicking into a big rally this spring. The numbers are the closing levels for the Dow:

Wall St scores best week in 4 months with IBM’s help (Reuters)

admin — Fri, 17 Jul 2009 21:21:10 +0000

Reuters - U.S. stocks closed out their best week in four months on Friday on a flat note as strong earnings from IBM softened the blow of disappointing results from General Electric Co .

Judge dismisses SEC complaint against Cuban (AP)

admin — Fri, 17 Jul 2009 21:08:15 +0000

AP - A federal judge dismissed a civil insider-trading lawsuit against Dallas Mavericks owner Mark Cuban on Friday, dealing the Securities and Exchange Commission a rare high-profile setback.