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Updated: 11 hours 9 min ago
London Markets: Miners, earnings help U.K. stocks advance
British shares climb, helped by earnings-related gains from Smiths Group and British Land as well as an advance for mining firms.
Categories: Investment News
David Weidner's Writing on the Wall: Big deals, big returns? Don't bet on it
Merger Monday has returned. But don't break out the cigars and Champagne just yet, writes David Weidner.
Categories: Investment News
Currencies: Dollar slips as euro, stocks stabilize
The dollar slips versus the euro, falling from a 4-year high against the shared currency, as investors tiptoe back towards assets deemed riskier and higher yielding.
Categories: Investment News
Market Snapshot: U.S. stocks rise as European outlook stabilizes
U.S. stocks open higher Tuesday as the euro stabilized. Energy stocks rebounded as crude-oil prices bounced back.
Categories: Investment News
Economic Report: Housing starts up 5.8%, while permits plunge 11.5%
U.S. housing starts increased for the second straight month in April to an 18-month high, the government estimates, but building permits fell sharply, casting doubts on the momentum of the housing recovery.
Categories: Investment News
Economic Report: U.K. inflation hits 17-month high, triggers letter
Consumer price inflation in Britain accelerates to an annual rate of 3.7% in April, rising from 3.4% in March and forcing Bank of England Governor Mervyn King to write a letter to the government explaining why inflation missed the 2% annual target.
Categories: Investment News
Futures Movers: Crude rises above $72 after steep losses
Oil futures rise above $72 a barrel on Tuesday after five straight sessions of losses, as traders bet that crude’s recent decline may have been overdone.
Categories: Investment News
Metals Stocks: Gold futures fall as safe-haven demand fades
Gold futures drop more than 1%, as European equities trade higher and the euro gains on the dollar, dimming the appeal of the metal as a safe haven.
Categories: Investment News
Bond Report: Treasurys eye euro, stocks for direction
Short-term Treasury prices edge down on Tuesday as traders focus on the euro’s tentative rebound from a 4-year low.
Categories: Investment News
Icahn sharply reduces stake in Yahoo
The activist investor who muscled his way onto Yahoo’s board of directors in 2008 has reduced sharply his once-significant stake in the Internet company, according to a regulatory filing.
Categories: Investment News
New ore-pricing model to hit miners if China cools
Australian iron-ore miners and their global peers could soon find China’s property market to be an unexpectedly large factor in their short-term fortunes, due to a new spot-based pricing system.
Categories: Investment News
Caixin Online: China's big banks rumble over fundraising dilemmas
The race is on for Chinese banks to raise money from the market before conditions worsen, with Agricultural Bank of China's massive IPO among the fundraising plans jockeying for position, Caixin Online reports.
Categories: Investment News
European Stocks to Watch: Europe stock drop historically normal, bank says
The recent sell-off for European shares has been a normal bull market correction, Morgan Stanley strategists said Monday, which means shares could gain strongly from this point.
Categories: Investment News
Emerging Markets Report: Analysts cautious ahead of Estonia's euro adoption
In January, Estonia will likely become the 17th nation to adopt the euro, but that will hardly cure all the challenges facing the tiny Baltic economy, whose dramatic decline has pushed unemployment to a record high.
Categories: Investment News
How to profit from the sovereign debt crisis
Skidding currencies, plunging stock markets, soaring government bond yields -- if the type of sovereign debt crisis that just hit Greece heads to U.S. or other shores, investors may think the safest place for their savings is the mattress. Here are some alternatives.
Categories: Investment News
Stocks to Watch: Stocks in focus Tuesday: Wal-Mart, H-P, Home Depot
Among the companies whose shares are expected to see active trade in Tuesday's session are Wal-Mart Stores Inc., Hewlett-Packard Co. and Home Depot Inc.
Categories: Investment News
Gulf oil spill to be subject of U.S. commission
The oil spill in the Gulf of Mexico will be the subject of a presidential commission similar to panels created to probe the space shuttle Challenger disaster and the nuclear accident at Three Mile Island, according to a report.
Categories: Investment News
Latin American Markets: Brazil, Mexico stocks dogged by euro-zone fears
Equities across most of Latin America fall, hurt by persistent fears about debt troubles in the euro zone.
Categories: Investment News
Canadian Markets: Materials, energy stocks sour Canadian markets
Mining, materials and energy stocks gang up to slam Canadian markets as gold and oil prices decline.
Categories: Investment News