NYSE
- Gold, Silver and Crude Oil Prices in Asia
September 18 2012 5:42 PM
Bank of America/Merrill Lynch says the recent bond purchasing program announced by the US Federal Reserve should be Bullish for Gold, maintaining its Y 2013 target of 2,000 oz and introducing a new 24-month target at 2,400 oz for the end of Y 2014, according to a research note Tuesday.
- Crude Oil a Buy as Panic Selling Begins
September 18 2012 5:35 PM
The unusual, and unexplained, drop in the price of Crude Oil Monday has created some serious shake outs in the price and the trends in oil. With NYMEX WTI Crude reaching to just over $100.25 Friday, Crude Oil was still between 99.00 and 99.50 Monday before the floor came out from under Crude Oil's footing.
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Four Signs The Global Economy Is Slowing
September 18 2012 2:46 PM
FedEx's forecast cut, signs of stagnation in Germany, drops in oil price and looming political tensions spell trouble for the global economy.
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Retailers Begin Unveiling Seasonal Hiring
September 18 2012 2:46 PM
It's that time of the year when retailers operating in the U.S. begin dribbling out statistics on holiday hires, a closely watched batch of communications considered an important economic indicator.
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Markets Keep Rallying As Companies Brace for Tough Q3
September 18 2012 1:42 PM
The stock markets are having a monster rally. But next earnings season might challenge that.
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Germany's Weakness Sinks Europe's August Car Sales
September 18 2012 12:41 PM
Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.
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Did Fannie Mae Overpay BOA For Servicing Rights?
September 18 2012 11:46 AM
The taxpayer-owned Fannie Mae paid more than legally required to Bank of America Corp (NYSE: BAC) and 12 other lenders when it spent $1.5 billion in termination fees for servicing rights on 1.1 million loans between 2008 and 2011. The mortgage giant argues that while it paid a premium over the minimum required price, it paid for the transfers at an ?appropriate rate.?
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Danger From European Banks' Too-Big-To-Fail Syndrome Keeps Growing: Report
September 18 2012 11:24 AM
Many European banks have used easy credit from the European Central Bank to expand their balance sheet rather than use the easy credit to slim down and cut the level of risk in the assets they hold. In other words, too-big-to-fail is alive and well in the recession-plagued euro zone.
- Arab Spring and Oil Prices
September 18 2012 10:05 AM
Crude oil prices hit a four-month high this week on the back of rising tensions in the Middle East and North Africa and the unfortunate murder of the U.S. ambassador to Libya. Added impetus on the upside was given to oil by the announcement of more money printing (QE3) by the Federal Reserve which said it would launch an open-ended commitment to purchase $40 billion of mortgage-backed securities monthly.
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3 Reports To Shed Light On US Housing Sector
September 18 2012 6:12 AM
Three key U.S. housing reports Wednesday are expected to show small improvements in the market.
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Top After-Market NYSE Movers (Alliance One, AU Optronics, Dole Food, Tenet Health, KKR Financial, HNI Corp, Advanced Micro, Steelcase, K12)
September 18 2012 12:51 AM
The top after-market NYSE gainers Monday were Alliance One International, AU Optronics Corp, Dole Food Co, Tenet Healthcare Corp and KKR Financial Holdings LLC. The top after-market NYSE losers were HNI Corp, Advanced Micro Devices, Steelcase Inc, ExactTarget and K12 Inc.
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Apple Tops $700 Mark, Year After Hitting $400
September 17 2012 4:12 PM
Shares of Apple (Nasdaq: AAPL) surged past $700 for the first time, just a year after topping $400. The move brings Apple's market value to about $650 billion, cementing its 2012 role as the world's most valuable company, ahead of Exxon Mobil Corp. (NYSE: XOM).
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$105,000 Kitchen (Stove Not Included): Electrolux Going After Market Most Can Only Dream Of
September 17 2012 3:45 PM
Swedish home appliance maker embarks on small market for very expensive kitchens. For the rest of us: It recently began selling its Frigidaire brand at The Home Depot.
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Church of Scientology Blasts Vanity Fair?s Tom Cruise Expose As ?Shoddy Journalism? And ?Religious Bigotry? [Read Letter]
September 17 2012 2:12 PM
Jeffrey K. Riffer, a lawyer for the Church of Scientology, wrote an eight-page letter to Vanity Fair editor Graydon Carter hoping to stop an expose of the church from ever being published.
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GE And ING Seek To Flee A Recovering Thailand
September 17 2012 12:49 PM
General Electric Co. (NYSE: GE) and ING Groep NV (NYSE: ING) may sell their stakes in two Thailand banks, but their message to Asia's 11th largest economy could very well be, "It's not you, it's us."
- Occupy Wall Street Marks 1-Year Anniversary Monday With NYSE Protest
September 17 2012 9:33 AM
A few hundred Occupy Wall Street activists gathered in New York's financial district on Monday but police kept them well back from the New York Stock Exchange, which they had threatened to surround as part of a day of protests marking the movement's one-year anniversary.
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CAW Chooses Ford In Effort To Secure Pattern Contract
September 16 2012 11:11 PM
The Canadian Auto Workers, or CAW, will concentrate on the Ford Motor Co. (NYSE: F) as it attempts to negotiate a collective-bargaining agreement in the roughly 24 hours left before its fast-approaching strike deadline on Monday at 11:59 p.m. EDT.
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Technology Focus: Zuck's Good Week Without Changing Name To 'Facebook Mobile'
September 16 2012 10:02 AM
Facebook (Nasdaq: FB), the No. 1 social networking site, had a good week: its shares vaulted 15 percent after CEO Mark Zuckerberg appeared at a forum in San Francisco where he acknowledged mistakes. Now, with Instagram tucked in and commitments for search and mobile, is it a time for another look at half price?
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Warren Buffett Smiles Bright On Completion Of Cancer Treatments
September 16 2012 7:07 AM
There is some good news cheering up Warren Buffet, the Oracle of Omaha, as he announced completion of cancer treatments, Sept.14.
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Occupy Wall Street Plans Concert, Demonstration Surrounding NYSE To Mark Anniversary
September 15 2012 3:36 PM
Occupy Wall Street are planning to return in force to New York City's Financial District, hoping to recapture momentum.






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