MARKETS / FINANCE

More news
IBTimes Logo

U.S. data and M&A lifts stocks

Japanese shares rose on Friday, lifted by news of a mega merger in the steel sector, while a rebounding dollar put a slight dent in a commodities rally that saw copper hit a record $10,000 a tonne in the previous session.
IBTimes Logo

UBS execs press for larger 2010 bonus pool: report

Executives at UBS AG are concerned that pending bonuses will be inadequate to retain top talent at the Swiss bank, one of the hardest hit during the financial crisis, the Wall Street Journal reported on Thursday.
IBTimes Logo

Employment seen gaining speed, jobless rate up

Employment probably shifted into a higher gear in January to post a fourth straight month of gains, offering more evidence of a broadening economic recovery, though the jobless rate likely rose.
IBTimes Logo

Calpers seeking majority vote for Apple board

Calpers, the biggest U.S. public pension fund, said on Thursday it is seeking shareowner support for its proposal to require a majority vote to elect unopposed candidates to the board of Apple Inc.
IBTimes Logo

Calpers urges majority vote for Apple board

Calpers, the biggest U.S. public pension fund, said on Thursday it is seeking shareowner support for its proposal to require a majority vote to elect unopposed candidates to the board of Apple Inc.
People wait in line to enter the NYCHires Job Fair in New York

Small firms still wary about hiring: survey

Most small businesses in the United States remained cautious about hiring new employees during the past three months, according to a survey by the National Federation of Independent Business.
IBTimes Logo

US jobless claims tumble 42,000 last week

New U.S. claims for unemployment benefits dropped more than expected last week, a government report showed on Thursday, pointing to continued gradual improvement in the labor market.
IBTimes Logo

BofA Merrill's Edge-y online venture gains converts

Bank of America is shopping online for customers who are not quite wealthy enough to make the cut at Merrill Lynch, posing a threat to entrenched discount brokers and making some of the thundering herd at Merrill see red.
IBTimes Logo

Gold shows unexpected strength with sudden jump up

Gold rose over 1 percent in choppy trade on Thursday, with a sudden jump by over $20 per ounce within minutes as large buy orders were apparently triggered in the future markets. This comes unexpected to precious metals experts, as the gold price was supposed to be kept low by the usual large Wall Street players during todays speech by Bernanke, and was set to rally on Friday, when unexpectedly bad labor market numbers will come in and drive gold prices higher.
IBTimes Logo

Managing AIG's return to public hands

As bailed-out insurer American International Group prepares to return to the public markets, some say it needs a sign from an eminent authority that it is a company with solid operations and a stock worth an investment of hard-earned money.
IBTimes Logo

Investors rotate into retail stocks

Retailers were a standout in an otherwise flat market on Thursday as a bigger-than-expected rise in sales at U.S. chain stores helped dispel some of the concern about the U.S. consumer.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.