NEW YORK (Reuters) – Stock index futures advanced on Thursday, indicating the S&P 500 may resume its march higher ahead of data on the labor market and a report on regional manufacturing. The S&P 500 snapped a five-day winning streak on Wednesday as investors found little reason to extend a rally that took the benchmark [...]
TEL AVIV (Reuters) – NDS, which develops software for multi-channel television networks, is in advanced talks to be acquired by Cisco Systems for $ 5 billion, Israel’s Calcalist financial newspaper reported on Thursday. Founded in Israel in 1988 and headquartered in London, NDS is 51 percent owned by the Permira private equity fund and 49 [...]
TOKYO (Reuters) – Asian shares eased on Thursday on renewed concerns about Chinese growth, but a brighter global economic outlook underpinned the dollar and kept investor risk appetite intact, reducing the appeal of safe-haven government debts. Financial spreadbetters expected major European markets to open about 0.1 to 0.4 percent higher. The MSCI Asia Pacific ex-Japan [...]
WASHINGTON (Reuters) – Concerns raised by Delta Air Lines about the fairness of U.S. Export-Import Bank loans to help Boeing export aircraft are complicating President Barack Obama’s push to quickly renew the bank’s charter. The fight pits the second-biggest U.S. air carrier against the nation’s largest exporter and is a fresh challenge to the export [...]
(Reuters) – Chevron Corp Chief Executive John Watson sees demand for oil being destroyed in the United States as a result of higher gasoline prices and an underperforming U.S. economy. “We’re seeing that right now,” he said. “If you look at the peak in U.S. oil consumption it was about 21 million barrels a day [...]
WASHINGTON (Reuters) – The U.S. Treasury said on Wednesday that it plans to sell its preferred stock position in six community banks as part of the Obama administration’s effort to unwind bailout programs from the financial crisis. Treasury said it plans to conduct public auctions to sell its stock in Banner Corp , First Financial [...]
WASHINGTON (Reuters) – The U.S. Treasury said on Wednesday that it plans to sell its preferred stock position in six community banks as part of the Obama administration’s effort to unwind bailout programs from the financial crisis. Treasury said it plans to conduct public auctions to sell its stock in Banner Corp , First Financial [...]
(Reuters) – Bank of America Corp shares on Wednesday hit their highest level in seven months after a Federal Reserve stress test affirmed one of the more troubled U.S. banks had made progress in improving its capital levels. The second-largest U.S. bank had been expected to pass the review, but its conservative capital plan allowed [...]
(Reuters) – Bank of America Corp shares on Wednesday hit their highest level in seven months after a Federal Reserve stress test affirmed one of the more troubled U.S. banks had made progress in improving its capital levels. The second-largest U.S. bank had been expected to pass the review, but its conservative capital plan allowed [...]
(Reuters) – Every time Goldman Sachs Group Inc President Gary Cohn sticks his chin out, he seems to take another hit. The 51-year-old banker, widely seen as the natural successor to Goldman Chief Executive Officer Lloyd Blankfein, once again finds himself caught up in another public relations fiasco involving the storied Wall Street investment bank. [...]
Rate on 30-year mortgage ticks up to 4 percent
The Hot Or Not Primary
Rate on 30-year fixed mortgage falls to 3.98 pct.
U.S. Housing Market Still On Life Support
Instant view: Home prices decline in September: S&P
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