IBTimes.com : Equities

Insight: Wall St commodity talent wars - Return of the merchants

Tue, 14 Feb 2012 02:16:03 EST

When it comes to hiring top commodity traders, what goes around comes around. Wall Street, after years of poaching the best and brightest from specialized commodity firms, is losing the war to keep the essential traders who know how to arbitrage copper or store crude .

Stocks gain on Greek vote; euro dips on skepticism

Mon, 13 Feb 2012 19:08:04 EST

World stocks rose on Monday after Greece's parliament passed drastic austerity measures to avoid a chaotic debt default, but doubts over whether Athens will be able to live up to its promises and secure a new rescue package killed an initial rally in the euro.

Stocks rise on Greek vote; euro flat on skepticism

Mon, 13 Feb 2012 17:56:06 EST

World stocks rose on Monday after Greece's parliament passed drastic austerity measures to avoid a messy debt default, but doubts over whether Greece will be able to live up to its promises and secure a new rescue package curbed an initial rally in the euro.

Global stocks rise on Greek vote; euro flat on scepticism

Mon, 13 Feb 2012 17:40:05 EST

World stocks rose on Monday after Greece's parliament passed drastic austerity measures to avoid a messy debt default, but doubts over whether Greece will be able to live up its promises and secure a new rescue package curbed an initial rally in the euro.

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.

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.

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.

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.

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.

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.

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.

S&P's Moritz Kraemer - Europe's AAA-rated Mr Scissorhands

Mon, 13 Feb 2012 06:16:02 EST

On January 13, Standard & Poor's Ratings Services cut the credit ratings of nine euro zone countries, stripping France and Austria of their triple-A status and triggering new concerns about the region's financial health.

S&P's Moritz Kraemer: Europe's AAA-rated Mr Scissorhands

Mon, 13 Feb 2012 04:24:04 EST

Global stocks gain as Greece passes austerity bill

Mon, 13 Feb 2012 00:56:04 EST

Asian shares and the euro gained on Monday after Greece came a step closer to securing a much-needed bailout fund and avoiding a messy default, though most of the recent optimism appeared to have been already priced in.

Stocks, euro hit by Greek worries

Fri, 10 Feb 2012 18:32:06 EST

Stocks snapped a five-week winning streak on Friday and the euro slumped as planned wage and pension cuts in Greece hit a new obstacle, raising fear the country may not get the aid it needs to avoid a messy default.

S&P suffers year's biggest loss as Greek deal falters

Fri, 10 Feb 2012 16:48:03 EST

The S&P 500 posted its biggest daily percentage decline thus far in 2012 on Friday after an about-face on Greece's long-awaited debt deal ended a five-week streak of gains for equities.

First Solar project loan delay hits stock

Fri, 10 Feb 2012 16:32:04 EST

First Solar said the U.S. Department of Energy has not released loan funds for a big California solar project because of construction permit issues, sending its shares down as much as 11 percent.

Wall St ends down; snaps 5-week winning streak

Fri, 10 Feb 2012 16:16:02 EST

The S&P posted its biggest percentage decline so far in 2012 on Friday after an about-face on Greece's long-awaited debt deal ended a five-week streak of gains for equities.

S&P downgrades 34 Italian banks

Fri, 10 Feb 2012 15:08:06 EST

Rating agency Standard & Poor's downgraded 34 Italian banks on Friday, including heavyweights UniCredit and Intesa Sanpaolo , citing a reduced ability to roll over their wholesale debt and expected weak profitability.

Wall St falls after three-day rise

Fri, 10 Feb 2012 13:56:03 EST

Stocks fell on Friday, putting the S&P 500 on pace for its first weekly decline in the past six, after another snag in negotiations for a financial bailout package for Greece.

Wall Street drops as Greek talks stall, data weighs

Fri, 10 Feb 2012 12:40:04 EST

U.S. stocks dropped on Friday, putting the S&P 500 on pace for its first weekly decline in the past six, after another snag in negotiations for a financial bailout package for Greece.

NYSE Euronext makes growth plans now merger axed

Fri, 10 Feb 2012 12:08:03 EST

NYSE Euronext outlined bold plans on Friday to grow its business through investment in clearing and technology services after regulators nixed the sale of the U.S. exchange to Deutsche Boerse .

Wall St drops 1 percent as Greek talks stall

Fri, 10 Feb 2012 10:24:04 EST

Stocks dropped on Friday as the most recent flare-up in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.

Wall St extends losses

Fri, 10 Feb 2012 10:16:02 EST

Stocks extended losses on Friday with all three major indexes falling 1 percent, led by financial and industrial shares.

Wall St falls at open as Greece talks stumble

Fri, 10 Feb 2012 10:08:02 EST

Stocks fell at the open on Friday as the most recent flare-up in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.

Wall St to pull back as Greece talks stumble

Fri, 10 Feb 2012 09:40:03 EST

Stocks were poised to drop at the open on Friday as the most recent flare-up in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.

Stocks, euro deflated by Greek worries

Fri, 10 Feb 2012 08:56:04 EST

Stocks and the euro fell while safe-haven government bonds rose on Friday as final approval for a long-awaited Greek debt deal remained elusive, keeping alive the threat of a messy default by the country.

Futures lower on setback in Greek bailout talks

Fri, 10 Feb 2012 08:16:03 EST

Stock index futures fell on Friday as the latest setback in Greek negotiations for a financial bailout package put the S&P 500 on track to snap a three-day winning streak.

Futures fall on Greek bailout talks' setback

Fri, 10 Feb 2012 07:32:04 EST

Stock index futures fell on Friday as the latest setback in Greek negotiations for a bailout package put the S&P 500 on track to snap a three-day winning streak.

NYSE Euronext eyes new sectors for growth

Fri, 10 Feb 2012 07:08:03 EST

NYSE Euronext signaled it would shift focus to faster-growing areas like supplying computer systems and information from trading, as the U.S. exchange looks to an independent future following the collapse of a takeover by Deutsche Boerse.

Technology services boost NYSE Euronext profit

Fri, 10 Feb 2012 06:24:03 EST

NYSE Euronext posted quarterly operating profit at the top end of expectations with a 13 percent rise helped by strong information and technology services, an area the U.S. group is now looking to as a growth driver.

Stock index futures fall, focus on data

Fri, 10 Feb 2012 05:16:02 EST

Stock index futures pointed to a weaker open for equities on Wall Street on Friday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.4 to 0.5 percent.

NYSE reports profits up after Boerse deal collapse

Fri, 10 Feb 2012 04:56:05 EST

NYSE Euronext narrowly beat analyst forecasts with a 13 profit rise to $212 million (134 million pounds) in the fourth quarter, after Deutsche Boerse's plan to take over the trans-atlantic exchange were scuppered last week.

Stocks and euro hit by Greek uncertainty

Fri, 10 Feb 2012 03:32:03 EST

Stocks and the euro fell while safe-haven government bonds rose on Friday as final approval of a long-awaited Greek debt deal remained elusive, keeping alive the threat of a messy default.

UK jails Islamists who plotted stock exchange bomb

Thu, 09 Feb 2012 17:08:03 EST

Nine Islamists who admitted an al Qaeda-inspired plot to bomb London's stock exchange and set up a militant training camp in Pakistan were sentenced at a British court to a total of 120 years' imprisonment on Thursday.

Greek deal leads to modest gains on Wall St

Thu, 09 Feb 2012 17:08:02 EST

Stocks rose modestly for a third straight day on Thursday after Greece reached a deal to secure a financial bailout, but investors were cautious after weeks of gains.

Greek deal enough for modest gains on Wall St

Thu, 09 Feb 2012 16:48:05 EST

Stocks rose modestly for a third straight day on Thursday after Greece reached a deal to secure a financial bailout, but investors were cautious after weeks of gains.

Wall St ends up for third day after Greek deal

Thu, 09 Feb 2012 16:16:03 EST

Stocks posted a third day of modest gains on Thursday after Greece reached a deal to secure a financial bailout, but investors were cautious after weeks of gains.

Greek deal and U.S. optimism lift European shares

Thu, 09 Feb 2012 15:40:05 EST

European shares climbed to end near six-month highs on Thursday after losses in the previous three sessions, with encouraging U.S. economic figures and an austerity package agreed by Greek policymakers prompting investors to buy cyclical stocks.

Wall Street ticks higher after Greece deal

Thu, 09 Feb 2012 14:32:05 EST

Stocks edged higher on Thursday after Greece reached a deal to secure a financial bailout, but investors took a wait-and-see attitude in a market that has become extended after weeks of gains.

Greek deal gets cool reception on Wall Street

Thu, 09 Feb 2012 12:40:06 EST

News that Greece had reached a deal to secure a bailout was greeted with caution on Wall Street on Thursday, with investors taking a wait-and-see approach in a market that has become extended after weeks of gains.

Wall Street lower as Greece enthusiasm fades

Thu, 09 Feb 2012 10:24:03 EST

Stocks turned lower on Thursday as initial enthusiasm faded over a long-stalled Greek deal and data indicating an improving U.S. labor market.