In late August's quiet trading, four troubled financial companies have accounted for a big piece of total volume on the New York Stock Exchange, with all four rallying on little news.
President Nicolas Sarkozy unveiled new rules for French banks to limit traders' bonuses on Tuesday and said he would fight to persuade other G20 leaders to adopt the same position.
Holders of a $650 million Islamic bond issued by a unit of troubled Saudi firm Saad have been asked to vote on dissolving the sukuk, trustee Citi (C.N) said on Tuesday.
U.S. securities regulators are examining weekly meetings at Goldman Sachs Group Inc , where research analysts offer tips to traders and then to big clients, the Wall Street Journal reported on its website.
Sales of tenant-in-common interests have plummeted, but don't count the securitized real estate industry out just yet.
Stock index futures were higher on Tuesday on news that Ben Bernanke will be renominated as chairman of the Federal Reserve and ahead of key consumer confidence and housing data.
Stock index futures were slightly higher on Tuesday on news that Ben Bernanke will be renominated as chairman of the Federal Reserve and ahead of key consumer confidence and housing data.
Money-market mutual funds undermine the strength of the U.S. financial system and should be regulated more like banks, Bloomberg reported former Federal Reserve Chairman Paul Volcker as saying in an interview.
U.S. stock index futures pointed to a mixed start for Wall Street on Tuesday after U.S. shares ended flat in the previous session as investors took a breather from a four-day rally.
Chartists employ a two-dimensional approach to market analysis that includes a study of price and volume. Of the two, price is the more important. However, volume provides important secondary confirmation of the price action on the chart and often gives advance warning of an impending shift in trend. Volume is the number of units traded during a given time period, which is usually a day. It is the number of common stock shares traded each day in the stock market. Volume can also be monitored on ...
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Senator Ted Kaufman on Monday asked U.S. regulators to undertake a comprehensive review of several questionable developments in the structure of capital markets, the latest lawmaker to weigh in on so-called dark pools, flashes, and high-frequency trading.
Stocks edged higher on Monday, but pulled back from intraday peaks after a four-day rally that drove the major indexes to 10-month highs.
Bank of America Corp has agreed to pay $150 million to settle a class-action lawsuit accusing the former Merrill Lynch & Co of misleading investors in connection with the sale of bonds and preferred stock, court records show.
The amount of metal ETF Securities holds to back its palladium exchange-traded commodity was at a record high on August 21, the company said in a daily report on Monday.
Deutsche Bank plans to issue new Tier 1 debt in a deal that could reopen Europe's market for hybrid subordinated financial debt as banks seek to rebuild balance sheets in the wake of the financial crisis.
Stock index futures pointed to a higher open on Wall Street on Monday, with stocks looking to extend last week's gains on signs that major world economies were emerging from recession.
Stock index futures rose on Monday after four straight positive sessions for Wall Street, as global stocks hit 10-month highs on hopes that the U.S. economy will soon start to recover from recession.
Stock index futures indicated a stronger start on Wall Street on Monday, extending the previous session's gains after stronger U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke lifted sentiment.
Harvard University's multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few years, the Wall Street Journal said.
U.S. stock index futures indicated a stronger start on Wall Street on Monday, extending the previous session's gains after stronger U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke lifted sentiment.
A Democrat senator is expected on Monday to ask the Securities and Exchange Commission to review the stock market's structures, Dow Jones Newswires reported, reviving a debate over the market impact of computer-based trading.