Apple earnings top expectations: Mac sales up 17 Pct
Apple reported better than expected fourth quarter earnings on Monday after the closing bell, sending shares up 7 percent in after hours trading. Read Full Article here.
Greenlight's Einhorn holds gold, says U.S. policies poor
Hedge-fund manager David Einhorn, who warned about Lehman Brothers' precarious finances before it collapsed, said on Monday he's betting on rising interest rates and holding gold as a hedge for what he described as unsound U.S. policies. Read Full Article here.
Home Sales Ahead: Temporary Decline or New Downward Trend?
Will a decline in home sales in one of the most recent reports be a temporary dip in the U.S. real estate market or possibly a new downward trend with implications for the entire U.S. economy? Read Full Article here.
Wall St hits 12-month highs on earnings optimism
U.S. stocks rose to fresh 12-month highs on Monday as optimistic investors rode a wave of solid quarterly results. Read Full Article here.
U.S. launches aid for state, local housing agencies
The Obama administration on Monday launched a program to help the depressed U.S. housing market by effectively allowing state and local housing finance agencies to borrow from the U.S. Treasury. Read Full Article here.
Wal-Mart Internet expansion set to succeed-Moody's
Wal-Mart Stores Inc's expansion into e-commerce will likely be successful as the company's aggressive price cuts and broad distribution capability may give Amazon.com Inc a run for its money, Moody's Investors Service said on Monday. Read Full Article here.
SEC pursuing significant insider cases: source
U.S. securities regulators are pursuing significant insider trading cases involving financial professionals, a source familiar with the matter said on Monday. Read Full Article here.
Icahn offers to underwrite $6 billion loan to CIT
Carl Icahn, the famed corporate raider who says he is the largest holder of CIT Group Inc bonds, said the troubled lender is paying too much for an ill-conceived plan to win over a select few creditors. Read Full Article here.