MARKETS / FINANCE

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Futures flat after string of losses

Stock index futures were little changed on Tuesday as S&P 500 futures found support near their 50-day moving average following four days of losses on the benchmark index.

China surprises with export-led March trade surplus

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China returned to an export-led trade surplus of $5.35 billion in March, heralding the prospect that a rebound in the global economy is lifting overseas orders just in time to compensate for a slowdown in domestic demand.

Futures tick up after string of losses

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Stock index futures edged up on Tuesday as S&P 500 futures found support near their 50-day moving average following four days of losses on the benchmark index.
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U.S. stock index futures rise; Alcoa results eyed

U.S. stock index futures pointed to a higher open on Wall Street on Tuesday that would halt a four-session losing streak, with futures for the S&P 500 up 0.32 percent, Dow Jones futures up 0.34 percent and Nasdaq 100 futures up 0.44 percent at 0845 GMT.
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Dow, S&P end lower for four days; jobs data a worry

The Dow and the S&P 500 extended losses to a fourth day on Monday, as investors took their cues from last week's disappointing jobs report, which raised fresh concerns about the U.S. economy's recovery.
Egypt elections

Egypt Presidential Elections: 5 Leading Candidates

The candidates for Egypt's first free presidential elections in decades are set, the deadline having expired at 2 p.m. Cairo time on Sunday, and the final list is a microcosm of the current political and social divisions in post-revolution Egypt.
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Wall Street sinks in wake of jobs report

The Dow and the S&P 500 extended losses to a fourth day on Monday, as investors took their cues from last week's disappointing jobs report, which raised new concerns about the U.S. economy's recovery.
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Icahn sues Amylin, pushes for sale

Carl Icahn sued Amylin Pharmaceuticals Inc to block enforcement of a bylaw that prevents the billionaire investor from launching a proxy fight that could lead to a sale of the maker of diabetes drugs.
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Avon names J&J's Sherilyn McCoy as CEO; shares fall

Avon Products Inc named Johnson & Johnson senior executive Sherilyn McCoy to be its new CEO, presenting Coty Inc with another hurdle in its $10 billion bid for the world's largest direct seller of cosmetics.
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Sony to ax 10,000 jobs in turnaround bid: Nikkei

Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
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Sony to axe 10,000 jobs in turnaround bid: Nikkei

Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment giant back to profit after four years in the red.
Gold being melted

Avion Gold' 1Q Production From Mali Jumps 30%

Avion Gold Corp reported a 30 percent rise in first-quarter production at its Tabakoto and Segala projects in Mali, sending its shares up about 20 percent, but said its mill expansion may be delayed as the coup-hit West African country limps back to normal.
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Wall St slides after weak jobs data

Major stock indexes fell more than 1 percent in early trading on Monday, weighed by growth-related sectors, after last week's much weaker-than-expected report on March U.S. job creation.
Gold Bullion from the American Precious Metals Exchange (APMEX) is seen in New York, September 15, 2011.

Gold Prices Rise More Than 1% On Monetary Easing Hope

Gold prices rose more than 1 percent on Monday, recovering from last week's hefty drop after disappointing U.S. jobs data revived hopes for fresh monetary easing and a spike in Chinese inflation boosted appetite for the metal.
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AT&T to sell Yellow Pages stake to Cerberus

AT&T Inc said on Monday it would sell a 53 percent stake in its Yellow Pages business to private equity firm Cerberus Capital Management LP [CBS.UL}, which will pay AT&T $750 million in cash and take on $200 million in debt.
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Caterpillar's big bet on the U.S. economy

It hasn't been long since Caterpillar Inc looked like the typical resident of the Rust Belt. Having misjudged how deep the U.S. economy would decline, the world's largest maker of construction machinery reduced its workforce by 33,000 people worldwide in 2009, closed plants and posted lower profits.
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China inflation data keeps policy bias on growth

China's annual inflation rate jumped more than expected in March to 3.6 percent as food prices remained volatile, but economists believe price pressures will moderate over the rest of year, giving Beijing the flexibility to ease monetary policy to support growth.
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China March inflation spikes to 3.6 percent on food

China's annual inflation spiked unexpectedly in March to 3.6 percent driven by rising food prices, data showed on Monday, surprising investors who had bet on cooling price pressures to give Beijing room to ease monetary policy.
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Looking on the bright side of inflation

Sometimes a little bit of inflation is not such a bad thing. In the United States, prices starting to creep upward shows the deep wounds from the credit crisis are slowly healing and the U.S. economy is well on the road to recovery.

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