SunTrust speeds up capital-raising plan
SunTrust Banks Inc , a U.S. Southeast regional bank ordered by federal regulators to raise $2.2 billion of equity capital, on Monday speeded up a previously announced capital-raising plan, hoping to benefit from recent investor demand for banks' securities.
Iran defuses homemade bomb on plane: report
Security personnel defused a homemade bomb found on an aircraft during a domestic flight in Iran late Saturday, Iranian media said, two days after a mosque bombing killed 25 people in the country's southeast.
Air France Airliner vanishes with 228 on board, search operations underway
The Brazilian air force has started search operations for the Air France airliner that disappeared as it crossed the Atlantic on its way to Paris from Brazil Rio de Janeiro
Rebel Georgian region holds election, tension builds
Georgia's rebel region of South Ossetia voted on Sunday in its first election since Russian forces saved it from being retaken by Georgian troops, but internal tensions grew over its leader's policies.
Obama, in Europe, must show diplomatic style
U.S. President Barack Obama makes a second foray into European diplomacy this week facing pressure to demonstrate his consensus-building foreign policy can produce results where his predecessor George W. Bush's go-it-alone style failed.
Bank of America hires top economist, strategy chief
Bank of America Corp's corporate and investment banking unit has hired Ethan Harris as head of North America economics and David Bianco as head of U.S. equity strategy, two of the highest-profile appointments since the acquisition of Merrill Lynch & Co.
Bomb in Baghdad market kills 4 and wounds 13
A bomb killed four people and wounded 13 in a Baghdad vegetable market Monday, police and witnesses said, in the second attack there in just over two weeks.
UN: South Sudan violence more deadly than Darfur
More people have died in tribal violence in post-war southern Sudan in recent months than in the western Darfur region plagued by ethnic and politically driven fighting, the United Nations said.
Goldman Sachs selling up to $1.9 billion in ICBC shares
Goldman Sachs was on Monday selling up to about $1.9 billion worth of shares in Industrial and Commercial Bank of China at a discount of 4 percent to 6 percent to the Chinese lender's Monday closing price, according to a term sheet.
Reality show hogs vital EU vote for Berlusconi
Italy's Silvio Berlusconi needs a resounding win in this weekend's European election to silence scandals about his love life and business dealings that threaten his credibility.
Pakistanis secure Swat town, clash in other areas
Pakistani forces consolidated their hold on the main town in the Swat valley on Sunday and began trucking supplies to 40,000 civilians stranded there, as fighting flared in South Waziristan on the Afghan border.
Elan shares up 5 percent as Bristol-Myers eyes stake
Shares in Irish biotechnology company Elan Corp rose more than 5 percent on Monday on weekend news it was in advanced talks to sell a minority stake to U.S. drugmaker Bristol-Myers Squibb Co .
Air France plane missing over Atlantic after storm
An Air France plane with 228 people on board disappeared over the Atlantic Ocean on its way from Brazil to Paris on Monday after hitting strong turbulence and French officials said they feared a disaster.
Stock futures point to sharply higher Wall Street open
Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes are up 0.9-1.6 percent, pointing to a higher start on Wall Street.
Citi, Morgan Stanley complete brokerage JV early
Morgan Stanley and Citigroup Inc have launched their brokerage joint venture at least a month ahead of schedule, the companies said on Monday.
North Korea may launch long-range missile in weeks
North Korea may this month test a missile designed to fly as far as U.S. territory and may also be gearing up for skirmishes with the South around their disputed sea border, South Korean news reports said on Monday.
67 Stocks Returning 30%+ Over the Past 4 Weeks
From time to time we like to look at what's been working (or not) in the market over various periods of time. When the market was not moving +20% in 7 weeks
U.S. consumer spending eases, income surges
U.S. consumer spending fell in April from March, despite personal income posting the largest increase in 11 months, a government report said on Monday, showing activity in the second quarter getting off to a slow start.
Stock futures point to sharply higher Wall St open
Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes are up 0.9-1.6 percent, pointing to a higher start on Wall Street.
Daily Commentary - 01/06/2009
Australian Dollar: Positive sentiment towards the Aussie dollar continued on Friday entering offshore trade marginally above 79 cents amidst continued concern over the 1.75 trillion USD government debt.
U.S. consumer spending eases in April
U.S. consumer spending fell in April, despite personal income posting the largest increase in 11 months, a government report showed on Monday, pointing to lackluster consumption activity in the second quarter.
Index futures point to sharply higher Wall St open
Futures for the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes are up 0.9-1.6 percent, pointing to a higher start on Wall Street.
Experts warn mobile phones face hacking threat
Accessing your bank account using your mobile phone might seem safe, but security experts say would-be hackers can access confidential information via a simple text message seemingly from your service provider.
India says U.S. domestic policy crucial to climate deal
U.S. domestic policy on curbing carbon emissions is crucial for a global climate deal this year, a top Indian negotiator said on Monday, adding rich countries also had to provide a commitment on funding for poorer nations.
PV Crystalox sees better 2010 for solar industry
PV Crystalox Solar expects 2010 will prove better for the solar industry as new stimulus packages take effect and as weak demand and inventory overhang that has hit pricing improves in the second half of this year.
Gore-backed Hara sees profit from low-carbon economy
An environmental start-up backed by Al Gore's venture capital firm aims to take advantage of coming U.S. climate change legislation by helping companies like Coca Cola and even cities cut pollution.
Novozymes sees Brazil biofuels exports doubling
Novozymes, the world's leading maker of industrial enzymes, said on Monday it sees Brazil's ethanol exports doubling by 2020 as the country ramps up production of next generation bio-ethanol.
Poland to invest $1.6 billion in renewables
Poland will spend 5 billion zlotys ($1.55 billion) over the next few years to meet its renewables target under the European Union's strategy to combat global warming, Environment Minister Maciej Nowicki said.
British Internet talent star Susan Boyle taken to clinic
British internet singing star Susan Boyle has been admitted to a private clinic after being beaten into second place in the final of the popular Britain's Got Talent television contest, British media reported.
GM to file for bankruptcy, Chrysler sale cleared
General Motors Corp will file for bankruptcy later on Monday, U.S. officials said, forcing the 100-year-old automaker once seen as a symbol of American economic might and dynamism into a new and uncertain era of government ownership.
