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Fitch, S&P downgrade Spanish banks

Mon, 13 Feb 2012 16:32:17 EST

Ratings agencies Fitch lowered its ratings on four big Spanish banks while Standard & Poor's cut its rating for the industry as a whole on Monday following recent sovereign downgrades and on concerns of funding difficulties and a weak economy.

Wall St up on Greece, nears resistance

Mon, 13 Feb 2012 15:16:04 EST

Stocks rose on Monday, led by bank shares after Greece's parliament approved reforms needed to qualify for a cash disbursement and avoid an unruly default.

Wall St extends gains, Nasdaq up one percent

Mon, 13 Feb 2012 15:00:11 EST

Stocks extended gains on Monday, with the Nasdaq rising one percent on strength in large-cap tech shares.

Wall Street likes Monti, but still wary of Italy

Mon, 13 Feb 2012 14:40:04 EST

A long, standing ovation greeted Italy's Mario Monti when he entered the packed Card Room on the seventh floor of the New York Stock Exchange last week.

Commodity, financial stocks lead FTSE higher

Mon, 13 Feb 2012 14:00:08 EST

The leading shares index closed higher on Monday, led by commodity and financial stocks, after Greece moved a step closer to securing an international bailout and avoiding a messy default.

USDA sees corn stocks double next year

Mon, 13 Feb 2012 13:48:04 EST

A U.S. government report on Monday showed farmers in the United States will plant the largest area with corn this spring since World War Two, which could double the razor-thin stocks of this year and help defray costs to consumers and food companies.

European shares end higher, rally seen limited

Mon, 13 Feb 2012 13:48:04 EST

A low volume rally in European shares on Monday buoyed by the approval of Greek austerity measures needed to avoid a messy default was looking to peter out as traders said short-sellers were beginning to position for a fall in the market.

Banks lead Wall St higher after Greek deal

Mon, 13 Feb 2012 13:24:07 EST

Stocks rose Monday, led by banks after Greece's parliament approved strict financial reforms needed to obtain an international bailout package.

Wall St higher on Greek deal

Mon, 13 Feb 2012 11:48:03 EST

Stocks rose Monday as Greece's parliament approved strict financial reforms needed to obtain its latest international bailout package.

Wall St opens higher as Greek deal passes

Mon, 13 Feb 2012 10:00:07 EST

Stocks rose at the open Monday, with the S&P 500 recouping nearly all of its declines from the previous session, as Greece's parliament approved strict financial reforms needed to obtain its latest international bailout package.

Wall St to open higher as Greek deal passes

Mon, 13 Feb 2012 09:24:09 EST

Stocks were poised for a higher open on Monday, putting the S&P 500 on track to bounce back from its biggest one-day loss of the year, as Greece's parliament approved strict financial reforms needed to obtain its latest international bailout package.

Futures climb as Greece deal approved

Mon, 13 Feb 2012 08:32:05 EST

Stock index futures rose on Monday, indicating the S&P 500 would rebound from its biggest loss of the year, as Greece's parliament approved strict financial reforms needed to obtain its latest international bailout package.

Apple pops, Wall St firms drop in brand study

Mon, 13 Feb 2012 10:08:02 EST

Apple Inc has the best image of any American company, scoring a record high in a new reputation study, while financial institutions filled the ranks of the worst.

Futures gain after Greece approves deal

Mon, 13 Feb 2012 07:32:03 EST

Stock index futures rose on Monday, indicating the S&P 500 would rebound from its biggest loss of the year as Greece's parliament approved strict financial reforms needed to obtain its latest bailout package.

Stock futures signal higher Wall Street open

Mon, 13 Feb 2012 06:48:03 EST

Stock index futures pointed to a higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.5 to 0.7 percent.