Asian stocks rose to a 14-month high and the U.S. dollar steadied on Tuesday, with some investors taking bets that third-quarter U.S. corporate earnings, expected to shrink for the ninth quarter, will be good enough to keep a rally going.
Asian stocks edged up to a 14-month high, while the U.S. dollar steadied on Tuesday, with some investors taking bets that third-quarter U.S. corporate earnings, expected to shrink for the ninth quarter, will be good enough to keep a rally going.
Stock futures climbed on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
U.S. stock index futures climbed on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies.
The stock market is set to continue its winning ways in the coming week as momentum builds during earnings season.
Morgan Stanley likely broke a string of three straight losses in the third quarter, while chief rival Goldman Sachs Group Inc extended its dominance.
Deutsche Bank began coverage of Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) with buy, and said the two U.S. banks will stay well capitalized even under the likely increased regulatory capital requirements.
Hype about the swine flu vaccines, pent-up demand for cash and a push by major drugmakers to boost their flagging research pipelines has helped lift biotechnology fund-raising 36 percent so far this year.
Stock futures rose on Tuesday on renewed hopes for a global economic recovery after Australia raised interest rates and in anticipation of the start of an improved earnings season.
A tepid economic recovery should allow the U.S. Federal Reserve to keep interest rates at rock-bottom lows for a prolonged period, New York Federal Reserve President William Dudley said on Monday.
Stocks rose on Monday, ending a four-day losing streak as data showed the services sector expanded for the first time since August 2008 and optimism about upcoming earnings took hold.
Stocks snapped a four-day losing streak on Monday, after a broker issued a bullish call on big banks and as data showed the services sector expanded for the first time since August 2008.
Stocks rose on Monday as data showed the services sector expanded after about a year of contraction and on positive broker comments on big bank stocks.
Goldman Politics; Impressions Off the Mark; New Buyer for Volvo?
Goldman Sachs Group Inc, legendary for its clout in Washington, has inexplicably halted its political fund-raising machine.
Stocks were headed for an opening bounce on Monday, with investors scooping up shares beaten down in last week's selloff, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.
Stock index futures rose on Monday, with investors poised to scoop up shares beaten down in last week's sell-off, while a report that Brocade Communications Systems Inc put itself up for sale may fan deal optimism.
Goldman Sachs Group Inc (GS.N) and Vanguard Group Inc are among U.S. companies opposed to rules proposed by U.S. regulators to limit short selling, according to letters filed by the companies.
South Korea's No.4 banking group Hana Financial, whose two biggest shareholders are Singapore wealth fund Temasek and Goldman Sachs, said it may raise capital via a new share sale, fuelling talk of financial sector consolidation and knocking Hana's shares down almost 15 percent.
Goldman Sachs Group Inc would be due a payment of about $1 billion if troubled commercial lender CIT Group were to file for Chapter 11 bankruptcy, according to a source familiar with the matter.
Goldman Sachs Group Inc would be due a payment of about $1 billion if troubled commercial lender CIT Group were to file for Chapter 11 bankruptcy, according to a source familiar with the matter.
Goldman Sachs Group Inc would be due a payment of about $1 billion if troubled commercial lender CIT Group were to file for Chapter 11 bankruptcy, according to a source familiar with the matter.