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S&P, Greece Pressure Eurozone to Boost Defenses

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Mass Eurozone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
Workers maintain the huge Euro logo in front headquarters of ECB in Frankfurt

S&P Moves, Greek Debt Renew Pressure on Eurozone

Financial markets are unlikely to be derailed by mass euro zone downgrades, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
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Stock Futures Mixed; JPMorgan Earnings Eyed

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Top CEOs Urge Court to Throw out SEC-Citigroup Ruling

A group of chief executives at more than 200 large U.S. companies urged a federal appeals court to undo a judge's controversial decision making it harder for companies to settle Securities and Exchange Commission fraud cases.
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U.S. Stocks Climb to 5-Month High

The S&P 500 closed at a five-month high for the third day on Thursday but had difficulty extending gains in the face of lackluster economic data and another European bond market test.
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MF Global Trustee Has no Plans to Transfer More Cash

Former customers of MF Global Holdings Ltd's collapsed brokerage were disappointed to hear on Thursday that the trustee hunting for funds missing from their accounts has no immediate plans to transfer more money to them.
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Bank Profit Reports Could Be Lifted by Biz Loans

A recent rise in loans to businesses is spurring hope that bank earnings reports, which begin Friday, will show that the outlook for this economically critical industry is better than its battered stock prices and weak investment banking volumes would suggest.
Lululemon raises profit forecast, shares jump

Lululemon raises profit forecast, shares jump

Lululemon Athletica expects profit and sales in the current quarter to top earlier forecasts after holiday shoppers flocked to its shops to snap up the trendy yoga wear that have made the company a runaway retail success story.
Bank of Canada seen on hold until 2013

Bank of Canada seen on hold until 2013

A deteriorating European with slower growth and the longer we go without economy and weak global growth will keep the Bank of Canada from raising rates for at least another year, though an interest rate cut looks highly unlikely, according to a Reuters survey.
Gold bars in Saudi Arabia

Gold to Reach $1,940 by Yearend - Goldman Sachs

Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.
A flyer advertising holiday job listings is seen at the North Metro Department of Labor Career Center in Atlanta

U.S. Jobless Claims Fall 15,000 to 372,000

New claims for unemployment benefits fell by 15,000 last week in the latest sign the labor market was improving and could help the country resist the effects of a likely Eurozone recession.
Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

Where is Oil Price Heading in 2012?

Crude prices started their jolly ride to the top in February last year when simmering discontent in the Middle East erupted into several violent anti-government protests.

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