General Mills Inc was the subject of a hoax press release saying that U.S. President Barack Obama had ordered a probe into the cereal maker's supply chain.
The U.S. Securities and Exchange Commission said on Wednesday it will propose increased disclosure in the marketing of the increasingly popular target date mutual funds.
The euro fell against the U.S. dollar on Wednesday on fresh concerns about Spain's debt, while global stocks faltered after data showed U.S. housing starts fell more than expected in May to a five-month low.
Gold prices eased in Asian trade Wednesday after an overnight rise near one percent on Europe debt concerns.
Gold for immediate delivery was seen trading at $1232.69 an ounce at 11.30 a.m Singapore time while US gold futures for August delivery was at $1,233.3 an ounce.
Shares of CBOE Holdings Inc jumped 12 percent in their market debut as investors flocked to the last major North American financial exchange to go public and a potential takeover target.
Stocks jumped on Tuesday as investors went on a buying binge. The S&P 500 turned positive for the year and rose above its 200-day moving average for the first time in a month, suggesting the recent downtrend may be nearing an end.
Shares of CBOE Holdings Inc jumped as much as 16 percent in their stock market debut Tuesday as investors saw bright prospects for the parent of the Chicago Board Options Exchange.
Stock index futures rose on Tuesday along with the euro as strong demand at debt auctions eased short-term concerns about euro zone fiscal problems.
Stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.04 percent at 0820 GMT.
U.S. stocks ended little changed in a low-volume session on Monday after a downgrade of Greece's debt took the wind out of the market's sails.
U.S. stocks ended little changed in a low-volume session on Monday after a downgrade of Greece's debt took the wind out of the market's sails.
Stocks were set to open higher on Monday, building on last week's gains and tracking a rise in global equities, after strong euro zone industrial data reassured investors the global economic rebound is on track.
Stock index futures rose on Monday, building on last week's gains and tracking higher global equities, after strong euro zone industrial data and as oil prices advanced.
Stock index futures rose on Monday, building on last week's gains and tracking higher global equities, after strong euro zone industrial data and as oil prices advanced.
World stocks headed for a fourth straight day of gains on Monday as investors banked on global economic recovery to trump concerns such as euro zone sovereign debt in providing a positive backdrop for corporate earnings.
Morgan Stanley and JPMorgan Chase & Co are likely to be the lead underwriters in General Motors' initial public offering, a source said on Friday, a role more attractive for its prestige than its fees.
Goldman Sachs Group Inc's mounting legal and regulatory woes stemming from the firm's sale of subprime mortgage-linked securities are turning into gold for a growing number of lawyers in New York and Washington.
Morgan Stanley and JPMorgan Chase & Co are likely to be the lead underwriters in General Motors' initial public offering, The Wall Street Journal reported on Friday, a role more attractive for its prestige than its fees.
Gold rebounded on short
covering on Friday after falling around 1 percent in the
previous session, while a rise in ETF holdings to another
record showed bullion still attracted buying from investors.
Stock index futures were little changed on Friday, with the benchmark S&P 500 on track for its best weekly performance in a month ahead of data on retail sales and consumer sentiment.
One of the best ways to get inside the head of British private equity boss Guy Hands is to study what gift he gives for Christmas. For years, Hands has sent friends and business associates a book he has recently read along with a letter discussing the work. The gift is designed to be both thoughtful and thought provoking.
U.S. lawmakers proposed no new limits on banks on Thursday as they met to hammer out a final overhaul of Wall Street regulations, but they voiced strong support for measures that directly threaten industry profits.
