U.S. stocks rebounded late on Monday to end flat, shrugging off lighter-than-expected sales from McDonald's and lowered iPhone prices from Apple .
U.S. stocks rebounded late on Monday to end flat, shrugging off lighter-than-expected sales from McDonald's and lowered iPhone prices from Apple .
The U.S. Federal Reserve is expected to say Goldman Sachs Group Inc, JPMorgan Chase & Co and perhaps a few other banks will be allowed to repay money to the Troubled Asset Relief Program, The Wall Street Journal said on Monday, without saying where it got the information.
Fitch Ratings on Monday said it expects to keep its top rating on the most senior commercial mortgage-backed securities for the
Edward Krudy
Stock index futures pointed down about 1 percent on Monday after three weeks of gains, while markets awaited word from the government about the repayment of bank bailout money this week.
Stock index futures pointed down about 1 percent on Monday after three weeks of gains, and markets awaited government word about the repayment of bank bailout money this week.
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 1 percent, Dow Jones futures down 0.9 percent and Nasdaq 100 futures down 1.1 percent.
Barclays Plc is in talks to sell Barclays Global Investors , the British bank said on Monday, with U.S. fund manager BlackRock the frontrunner to land the asset manager for about $12 billion.
Boston mutual fund giant Fidelity Investments and New York private equity firm Kohlberg Kravis Roberts & Co. have struck a deal to sell shares of KKR initial public offerings to retail customers, hoping for a comeback in the frozen market.
BlackRock Inc is trying to clinch a deal for a Barclays unit, but Bank of New York Mellon could step in with an offer for Barclays Global Investors if the talks drag on, the Financial Times reported on Sunday.
The Obama administration is expected to announce next week that a higher-than-expected number of large financial institutions will be allowed to repay their government bailout funds, the Washington Post reported in its Saturday edition.
U.S. stocks flip-flopped throughout Friday's session, with the major indexes ending split as investors paused to consider conflicting signals in monthly U.S. jobs data.
(Corrects to show Citigroup's exit from Dow occurs on Monday at start of trading and not after bell)
Deutsche Bank's (DBKGn.DE) Chief Executive Josef Ackermann said the global economic crisis was likely to persist and that a recovery depends on an improvement in the U.S. real estate market.
Wal-Mart Stores Inc.’s board of directors has approved a new $15 billion share repurchase program, the firm announced Friday.
U.S. stock index futures pointed to a sharply higher open on Friday as surprising May jobs data provided the most definitive evidence the recession was easing.
New investment in clean energy will total $95 to $115 billion in 2009, representing a drop of 26-39 percent from last year's total of $155 billion, data published by research group New Energy Finance showed on Friday.
U.S. stock index futures pointed to a higher open on Friday as investors awaited key monthly data on the labor market.
U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of key monthly jobs data.
U.S. stock index futures pointed to a higher open on Wall Street on Friday, ahead of key monthly jobs data.
Dismissing strong objections from JPMorgan Chase and American Express Co executives, U.S. regulators insisted the banks raise equity this week before repaying bail-out funds, the Financial Times reported.
