EQUITIES

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Moody's, S&P cut Sino-Forest ratings as CEO exits

Credit rating agencies Moody's and Standard & Poor's slashed their ratings on the debt of Chinese forestry company Sino-Forest on Monday, a day after Allen Chan, chairman and CEO of the Toronto-listed company, stepped down in the face of fraud accusations.

Wall St rallies, insurers up post-Irene

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U.S. stocks jumped nearly 2 percent on Monday as a merger between two big banks in Greece suggested Europe was working through its financial problems and a rebound in consumer spending calmed fears about the U.S. economy.

Wall St expected to open Monday

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The U.S. stock market will open for a normal trading session on Monday, although with lower volume expected and some delays in opening hours, despite damage from Hurricane Irene.
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Wall Street rallies 1 percent after Bernanke

Wall Street posted its first weekly gains in more than a month on Friday as Fed Chairman Ben Bernanke raised hopes for more stimulus for The economy at its September meeting.
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Wall Street set for first weekly gain after four down weeks

Wall Street was on track to end the week higher on Friday after four weeks of losses, as a speech by Federal Reserve Chairman Ben Bernanke raised hope the Fed could consider further stimulus measures for the economy at an extended policy meeting in September.
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Wall Street bounces as Bernanke keeps hopes alive

Stocks rallied on Friday after a speech by Federal Reserve Chairman Ben Bernanke raised hope the Fed could consider further stimulus measures for the economy at an extended policy meeting in September.
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Stocks rebound as investors digest Bernanke speech

Wall Street stocks rebounded on Friday as investors digested Federal Reserve Chairman Ben Bernanke's remarks about the economy and regained hope the door was still open for more monetary stimulus down the road.
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Stock ftures point to lower open ahead of Bernanke

Stock index futures pointed to a lower open on Friday as investors found few reasons to buy following a volatile week and ahead of a speech from Federal Reserve Chairman Ben Bernanke on the economy.
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Stock futures signal gains; Bernanke eyed

Stock futures pointed to a slightly higher open for equities on Friday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 all up 0.2 percent.
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Market sentiment weakened before U.S downgrade: S&P

The top official behind Standard & Poor's downgrade of the United States said on Friday it was not to blame for August's stock market rout, and warned that developed nations still needed to get their act together to tackle their mountains of debt.
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AIG chief unhappy with stock analysts' view: report

American International Group Chief Executive Robert Benmosche has complained to senior executives at investment banks about the unfavorable research of the insurer's stock, the Wall Street Journal said, citing people familiar with the matter.
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Wall St slides, triggered by German market's fall

U.S. stocks fell on Thursday after a sharp drop in European equities ignited by rumors of a short-selling ban in Germany swept away early euphoria from Warren Buffett's investment in Bank of America.
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Stock futures signal mixed open; techs eyed

Stock futures pointed to a mixed open on Wall Street on Thursday, with futures for both the S&P 500 and the Dow Jones rising 0.3 percent and Nasdaq 100 futures down 0.3 percent on news Steve Jobs had stepped down as Apple CEO.
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Fed caution supports stocks and gold tumbles

World stocks edged up from this month's 11-month low on Thursday while gold fell sharply as investors took an optimistic view of how strongly the Federal Reserve will commit to supporting the economy at a gathering this week.
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TiVo's revenue beat estimates, shares rise

TiVo Inc, the maker of digital video recorders, said revenue rose 19 percent as it signed new deals with cable operators to use its technology, sending its shares up more than 1 percent.
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Wall Street gains as gold rush ends; Apple's CEO quits

Stocks rallied for a second day on Wednesday as investors bought beaten-down financial shares and unloaded gold, but tech stocks could fall on Thursday after late news about Apple's Steve Jobs stepping down as CEO.
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Wall Street rises but investors wary about Fed

U.S. stocks edged higher on Wednesday, extending the previous day's 3 percent rally, in anticipation the Federal Reserve chief would hint of stimulus measures to aid the struggling economy on Friday.

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