MARKETS / FINANCE

U.S. stocks rose to fresh 12-month highs on Monday as optimistic investors rode a wave of solid quarterly earnings, which continued after the session's close when Apple Inc's shares jumped on its results.

U.S. stocks rose to fresh 12-month highs on Monday as optimistic investors rode a wave of solid quarterly earnings, which continued after the session's close when Apple Inc's shares jumped on its results.

Apple Inc, despite its often conservative and sand-bagged guidance, is expected to report impressive fourth quarter results on Monday afternoon, according to The Wall Street Journal.

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.

U.S. stocks rose to fresh 12-month highs on Monday as optimistic investors rode a wave of solid quarterly results.

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?

U.S. stocks rallied on Monday, extending a two-week run-up as better-than expected corporate earnings increased investors' optimism.

Companies trying to market products to mothers need to head onto the Internet with a survey showing the 21st century mother is online daily, using Facebook to connect to friends and Google to diagnose illnesses.

Polycom Inc is expected to post strong third-quarter results, but investors will be more keen on gauging the impact of Cisco's planned acquisition of Tandberg on the U.S. videoconferencing company.

IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme.

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.

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian export-promotion policies and large U.S. budget deficits could refuel global economic imbalances and put efforts to achieve more durable growth at risk if not curbed.

It may not seem like it when commuters are shouting down their cell phones to the dismay of other passengers but most Americans believe there are unspoken rules about mobile phone etiquette.

New construction of U.S. homes and permits for future building likely rose in September, supported by an improvement in sales and declining stocks of unsold properties, according to a Reuters survey.

Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit and a 28 percent drop in publishing advertising revenue on Monday, but the results were better than expected and shares rose more than 8 percent.

Diversified manufacturer Eaton Corp posted a higher-than-expected quarterly profit on Monday, citing cost cuts, early signs of recovery in its markets and a boost from the weak U.S. dollar, sending shares up 5 percent.

Investors are becoming increasingly confident in holding equities as U.S. markets continue to make new yearly highs heading into the final months of 2009, according to a client survey by Citigroup.

U.S. stocks rose on Monday in a broad-based rally after corporate results fed growing optimism the accelerating earnings season will be strong.

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that pursuit of export-led growth by Asian nations could lead to a reemergence of global trade imbalances and undercut efforts to achieve more durable growth.

U.S. Federal Reserve Chairman Ben Bernanke warned on Monday that Asian policies promoting exports could lead to a reemergence of imbalances in trade and capital flows, which some believe helped fuel the U.S. housing bubble.

New U.S. housing construction data to be released tomorrow is expected to show more new work in September compared to the previous month, despite lower levels compared to the same period last year.

Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit that beat market forecasts on Monday because of cost cuts, while revenue fell because of a 28 percent drop in publishing advertising sales.

U.S. stocks rose on Monday, buoyed by investor optimism over the strength of earnings season at the beginning of a busy week for corporate results.

BB&T Corp said on Monday third-quarter profit fell 56 percent as continuing credit issues weighed on results.

UK Internet advertising firm Media Corp said Google Inc had lifted a penalty that hurt its rankings in Internet search results, adding the move could boost its 2010 pretax profit by 1 million pounds ($1.6 million).

Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit on Monday and revenue fell because of a 28 percent drop in publishing advertising sales.

Famed corporate raider Carl Icahn said he offered to underwrite a $6 billion loan to CIT Group Inc and complained that horse-trading between the troubled lender and its largest creditors was harming other bondholders.

U.S. stocks were little changed on Monday, as investors digested a new batch of corporate earnings for signals about the potency of an economic recovery.

Expected strong quarterly earnings at Credit Suisse and a return to profit at Morgan Stanley will set the pace for the global wealth management sector as consolidation among private banks heats up.