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August 28, 2011, 4:48 am Institutional investors in Europe are rallying behind equities, betting that stocks will offer the highest investment returns over the next 12 months, according to a new poll.
August 26, 2011, 3:37 pm Based on the stock movement this week, UBS Investment research is estimating insured losses of $10 billion from Hurricane Irene as the storm smashed into the East Coast on Friday.
August 26, 2011, 9:40 am Financial stocks fell back on Friday ahead of a key speech by Federal Reserve Chairman Ben Bernanke. Bank of America dropped 1.2%, a day after a rally tied to a $5 billion investment pledge for the bank from Warren Buffett.
August 25, 2011, 4:39 pm * Bank of America jumps after Buffett investment * Apple losses modest after Steve Jobs resigns * German DAX slumps, triggers U.S. stocks' slide * Dow down 1.5 pct, S&P off 1.6 pct, Nasdaq off 1.95 ...
August 25, 2011, 1:58 pm * Traders sell ahead of Bernanke's Friday address * BofA jumps after Berkshire investment * Apple slides after Steve Jobs resigns, weighs on Nasdaq * German DAX slumps, triggers U.S. stocks' slide ...
August 25, 2011, 12:39 pm * BofA jumps after Berkshire investment * Apple slides after Steve Jobs resigns, weighs on Nasdaq * German DAX slumps, triggers U.S. stocks' slide * Dow down 1.5 pct, S&P off 1.6 pct, Nasdaq off 1.7 ...
August 25, 2011, 11:19 am Wall Street sheds gains spurred by Warren Buffett's $5 billion Bank of America investment on disappointment that jobless claims topped 400,000 last week while the technology sector contends with Steve Jobs' exit from Apple.
August 25, 2011, 11:09 am * BofA jumps after Berkshire investment * Apple lower as Steve Jobs resigns, weighs on Nasdaq * German DAX slump triggers selling in U.S. shares * Indexes down: Dow 1.4 pct, S&P 1.4 pct, Nasdaq 1.6 pct ...
August 25, 2011, 10:36 am * BofA jumps after Berkshire investment * Apple lower as Steve Jobs resigns, weighs on Nasdaq * Jobless claims rise due to Verizon strikers * Indexes down: Dow, S&P both 0.9 pct, Nasdaq 1.1 pct * For up-to-the-minute ...
August 25, 2011, 10:05 am Wall Street quickly sheds opening gains that came on Warren Buffett's $5 billion Bank of America investment, with technology shares contending with Steve Jobs' exit from Apple.
August 25, 2011, 6:56 am Wall Street sheds gains spurred by Warren Buffett?s $5 billion Bank of America investment on disappointment that jobless claims topped 400,000 last week, while the technology sector contends with Steve Jobs?s exit from Apple.
August 24, 2011, 3:53 pm U.S. stocks on Wednesday rallied to session highs into the close, extending gains into a third day, after the government reported orders for manufactured U.S. goods rose in July. "The news just had to stop being so bad, comparably," said Mark Luschini, chief investment strategist at Janney Montgomery Scott.
August 24, 2011, 12:09 pm In 2008, one Wall Street investment bank that had been struggling for much of year saw a tremendous rally in the closing weeks of August. That investment bank was called Lehman Brothers.
August 24, 2011, 12:05 pm Steel stocks have gotten a lot cheaper in the past month, but one analyst says only a couple are worth an investment, given the dwindling economic growth prospects for many developed nations.
August 23, 2011, 4:12 pm U.S. stocks rallied Tuesday, with the Dow industrials up more than 300 points as Wall Street chalked up its best performance in more than a week. "A shift in investor psychology is the primary catalyst for today's strong rally," said Clark Yingst, chief market analyst for investment bank Joseph Gunnar.
August 23, 2011, 2:59 pm The government sold two-year Treasury notes at record-low yields, reflecting strong demand for lower-risk investments. The Treasury Department says the notes drew a yield of 0.222 percent Tuesday.
August 23, 2011, 2:06 pm A Citi Investment Research analyst cut her profit and sales estimates for drug and food retailers Tuesday, saying factors like the weak economy and high unemployment will hurt their results in late 2011 and early 2012.
August 22, 2011, 11:36 am Shares of off-road vehicle companies rose Monday, after a Baird analyst upgraded two titans in the industry, saying that current share prices make them attractive investments
August 22, 2011, 10:55 am Athletic-gear maker Under Armour Inc. jumped 6.5% to $56.18 on Monday. The stock was upgraded to buy from hold by Capstone Investments and started with a buy rating at Canaccord Genuity.
August 22, 2011, 5:21 am China's policy makers remain focused on inflation as the major risk to the economy and lack the public support for a new round of stimulus spending, according to Credit Suisse. The investment bank said its impressions were formed after recent discussions with officials in Beijing.
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