| World markets muted after China data, Greek debt fix BANGKOK - World stocks were muted today as hopes of more steps to prop up China's growth were offset by pessimism over Europe's debt crisis. Benchmark oil hovered above $106 per barrel... | |
| How the government enables Wall Street parasites to cash in on the crisis reported that Greg Lippmann, a former Deutsche Bank trader who made millions of dollars personally and $1.5 billion for Deutsche Bank by betting against mortgage-backed securities, at the same time... |
| Is The Federal Reserve Doing A Good Job? February 22, 2012 Have you noticed that very few people in the mainstream media ever directly criticize the Federal Reserve? But why should that be the case? Criticizing top politicians from both... |
| Gold retreats with Euro, stocks as Greek worries persist Gold peaked at $1,753.2/oz on Wednesday, having earlier touched a high of $1,759.84/oz, as persistent concerns over Europe's finances hurt the euro and weighed on stock... |
| US stocks fall as Europe frets over Greece In a Tuesday, Feb. 21, 2012 photo, traders work on the floor at the New York Stock Exchange in New York. U.S. stock futures are falling, Wednesday, Feb. 22, 2012, echoing declines in Europe where... |
| Asian stocks advance on China, U.S. and weaker yen will end the eurozone’s debt crisis, investors in Asia were optimistic today as data later today may show a recovery in the U.S. housing market, with the existing home sales climbing 1.1% to... |
| SKA bid gets edge host the Square Kilometre Array (SKA) has been given an "edge" over rival Australia.Addressing Parliament during his budget speech this afternoon, finance minister Pravin Gordhan said... |
| SA steps up infrastructure spending An expansion in infrastructure investment is one of the central priorities of the 2012 budget, says finance minister Pravin Gordhan. Government is investing on a... |
| R5.8bn for Gauteng e-toll project project will receive a funding boost of R5.8 billion from national government.The e-tolling project, which will see motorists pay to travel on several of Gauteng's main freeways, was set to come... |
| Infraco spends on connectivity African Cable System (WACS), increased service provision in rural areas, and making sure there is enough connectivity for projects such as the Square Kilometre Array, the South African Large... |
| Research boost for DST job creation. The six-year plan will receive a total of R9.5 billion across government over the first three years.According to National Treasury's Estimates of National Expenditure, R535 million... |
| DOC yet to develop broadband strategy According to Treasury's Estimates of National Expenditure, the DOC was allocated R450 million over the 2011 medium-term expenditure framework to develop a national broadband strategy.The plan... |
| 'Who Am I Online' to continue this year project , its plan to modernise its information systems, will continue this year, after stalling in 2010.National Treasury's Estimates of National Expenditure for the 2012 budget indicates that... |
| Once-off R79m boosts Blue Label Telecoms this morning reported that a once-off confidential ';other'; income receipt of R79.4 million boosted its profitability for the six months to 30 November.Reporting its interim... |
| SA plans five new bonds South Africa will introduce two new fixed income and three inflation-linked bonds in 2012/13 to smooth the maturity structure of its debt, the National Treasury said on... |
| State bonds reverse budget gains South Africa's government bonds weakened on Wednesday, reversing gains that were prompted by the finance ministry's narrower-than-expected budget deficit forecasts as the market questioned... |
| Stocks rise on PMI prediction, real estate news Chinese stocks gained for a third consecutive day Wednesday, partly lifted by the preliminary readings of China's purchasing managers index (PMI) announced Wednesday, which showed a rise to 49.7... |
| 97 Months In Prison For Stealing Wall Street Trading Code But Only 18 Months For Selling Computers to Terrorist State of Iran Hypothetical #1 : Three lawyers fed two Wall Street traders nonpublic information that proved to be lucrative tips resulting in millions of dollars of trading profits. When confronted with the... |
| FINRA Arbitrators Hit Kovack Securities With Punitive Damages for A Broker's Egregious Behavior A FINRA Arbitration Panel Awards Punitive Damages But Offers Little Meaningful Context In a Financial Industry Regulatory Authority ("FINRA")... |
| Gold Demand Strong, Mining Stocks Look Too Cheap report released this week. Gold demand grew 0.4% in 2011 despite a 28% year-over-year increase in bullion's average price. After flirting with the top spot for some time, China emerged as the... |
| Stocks Breaking Away From The Averages In 2012 , which was about the high correlation of stocks with each other. In other words, there was no use in trying to pick winning or losing stocks, because they were all going in the same direction. As a... |
| Wall Street Crowds Into Trader Joe’s for Bond Deals: Mortgages Feb. 22 (Bloomberg) -- Wall Street is scouring the U.S. for grocery stores as bankers are pushed out of lending to trophy office... |
| US stocks open mixed as Europe frets over Greece NEW YORK — U.S. stocks were lower in early trading Wednesday as investors worry over the details of a new bailout plan for Greece. The Dow Jones industrial average is down 8 points at 12,957,... |
| San Antonio stocks lose value on Tuesday Nine of the local stocks tracked by the lost value on Tuesday at the close of trading compared to the previous trading day. Meanwhile, six local stocks gained value at the end of trading on Tuesday,... |
| Some lawmakers want Federal Reserve to stay out of housing Follow this company officials for injecting themselves into the debate over how to solve the housing crisis, The Washington Post reports. The lawmakers argue that the Fed has no business... |
| Dow Jones breaks through 13,000 for first time since crunch The New York Stock Exchange celebrated today as the Dow Jones industrial average edged above 13,000 for the first time since May 2008. (Getty... |
| Kuwait mulls law to scrap loan interest rates Kuwait could scrap interest rates on banks loans and pay its citizens KD1,000 ($3,600) in a bid to boost support to its nationals, local media have... |
| Stocks slip after European data; Dell falls U.S. stocks slipped Wednesday, indicating the S&P 500 may snap a three-day winning streak after weaker-than-expected euro zone economic data and ahead of a report on the U.S. housing... |
| Stocks: Investors sidelined by Greece worries NEW YORK (CNNMoney) -- U.S. stocks opened lower Wednesday, as investors question whether Greece's newest bailout will be effective. The Dow Jones industrial average... |
| Economy in recovery? Not so fast NEW YORK (CNNMoney) -- Employers are hiring, manufacturing is revving up and stocks are rallying. It looks like the recovery could finally be taking hold. Sound... |
| China manufacturing rises to 4-month high NEW YORK (CNNMoney) -- Chinese manufacturing continues to grow at a slow pace, edging up to a 4-month high in February, according to a preliminary report issued Wednesday.China's Purchasing... |
| Apple and Proview trademark battle in Shanghai Proview's i-Pad The world's most valuable company and a troubled Chinese electronics manufacturer that's about to be delisted from the Hong Kong stock exchange unless it can come up... |
| Italian bonds see pressure, yield rises +1.41% rose 0.08 percentage point to 5.53%, according to electronic trading platform Tradeweb. Yields rise as bond prices fall. The yield premium demanded by investors to hold Italian 10-year bonds... |
| Coming up: Existing home sales for January WASHINGTON (MarketWatch) -- Existing-home-sales data for January is due to be released by the National Association of Realtors at 10 a.m. Eastern. Economists polled by MarketWatch anticipate an... |
| TJX profit up; buyback, dividend increase planned -1.08% , parent company of T.J. Maxx and Marshalls, on Wednesday reported fiscal fourth-quarter profit jumped to $475.3 million, or 62 cents a share, from $334.4 million, or 42 cents, a year earlier.... |
| CFPB launches inquiry into bank overdraft fees WASHINGTON (MarketWatch) - The nation's consumer watchdog on Wednesday launched an inquiry into fees charged by banks when consumers overdraw their accounts. Banks typically provide overdraft... |
| Chico's jumps after results, forecast top views +11.01% said Wednesday that its fourth-quarter profit rose to $25.1 million, or 15 cents a share, from $20.7 million, or 12 cents, a year earlier. Sales jumped 20% to $569.2 million. Comparable sales... |
| Treasury to release corporate tax plan later Wed. WASHINGTON (MarketWatch) - Treasury Secretary Timothy Geithner will release later this morning details of the White House plan to overhaul corporate taxes, which includes lowering the top rate for... |
| Dollar Tree profit up; forecasts may fall short -1.27% said Wednesday that its fourth-quarter profit rose to $187.9 million, or $1.60 a share, from $162.5 million, or $1.29 a share, a year earlier. Shares outstanding fell to 117.6 million from... |
| Dell shares sink in premarket trade after results -5.12% slumped nearly 7% in premarket trade on Wednesday. The computer maker reported late Tuesday fourth-quarter earnings that were below analyst expectations and gave a sales forecast for the first... |
| Treasurys edge up before home data, auction NEW YORK (MarketWatch) -- Treasury prices edged up Wednesday, pushing yields down, ahead of a report on U.S. existing home sales and the government's auction of 5-year... |
| RR Donnelley posts loss; adjusted net meets view +2.72% the Chicago printing- and communications-services provider, swung to a fourth-quarter loss from a year-earlier profit on nearly flat net sales. The loss was $327.6 million, or $1.78 a share,... |
| Fitch: Greek bond swap would be restricted default FRANKFURT (MarketWatch) -- Fitch Ratings on Wednesday cut Greece's sovereign credit rating to C from CCC and said a planned debt swap that will see private bondholders take a 53.5% write-down on... |
| Toll Brothers swings to loss; new contracts up -2.36% the Horsham, Pa., luxury-home builder, swung to a fiscal-first-quarter loss from a year-earlier profit on 3.6% lower revenue. For the quarter ended Jan. 31, the loss was $2.8 million, or 2... |
| Movers & Shakers: Wednesday’s biggest gaining & declining stocks NEW YORK (MarketWatch) -- Shares of the following companies were among those making notable moves ahead of Wednesday's U.S. stock-market... |
| Citi faces potential Smith Barney hit: report -1.00% faces a potential multibillion dollar write-down on its minority investment in the Morgan Stanley Smith Barney brokerage, The Wall Street Journal reported Wednesday. The venture was formed in... |
| Two BOE members sought bigger Feb. rise in QE FRANKFURT (MarketWatch) -- Two members of the Bank of England's Monetary Policy Committee -- Adam Posen and David Miles -- dissented from the panel's decision earlier this month to boost... |
| Metals Stocks: Gold backs away from recent highs MADRID (MarketWatch) -- Gold futures backed away from two-week highs Wednesday, as the dollar rose amid fading positive impact for risk assets from the Greek bailout and downbeat China economic... |
| Miami investor sues Paulson fund over Sino-Forest HONG KONG (MarketWatch) -- John Paulson's hedge fund on Tuesday was sued by a Miami-based investor, who said the financial group failed to conduct "proper due diligence" before... |
