MARKETS / FINANCE

IBTimes Logo

Holiday surprises help Sears and Tiffany

The holiday shopping season still delivered a few surprises on Tuesday, both naughty and nice, showing that the U.S. economic recovery is not strong enough to lift all retailers.

Lennar tops Wall Street's view, shares up

IBTimes Logo
Lennar Corp , the third-largest U.S. homebuilder, reported quarterly results that bested Wall Street estimates and said it expected a profitable 2011, sending its shares up more than 7 percent.
More news
IBTimes Logo

Futures rise after strong Alcoa earnings

U.S. stock index futures rose on Tuesday as the fourth-quarter earnings season unofficially got started with a strong profit beat from Alcoa and as Europe rebounded from recent losses.
IBTimes Logo

CSR settles Broadcom dispute

British chipmaker CSR said it had settled its legal battle over technology patents with U.S. rival Broadcom Corp, boosting the Bluetooth and Wi-Fi specialist's shares on Tuesday.
IBTimes Logo

Euro languishes despite Japan euro bond plan

The euro languished near a four-month low on Tuesday after a brief rally triggered by a Japanese plan to buy euro bonds, while Asian stocks drifted, fearful of Portugal becoming the next casualty of the euro zone's debt crisis.
IBTimes Logo

Euro rises on Japan euro bond plan; world stocks mixed

The euro jumped briefly on Tuesday after Japan said it would buy euro bonds to boost confidence in the European Financial Stability Facility amid fears that Portugal may become the next euro zone member to seek a bailout.
IBTimes Logo

SEC probing official in Citigroup settlement: report

The Securities and Exchange Commission's internal watchdog is reviewing an allegation that Robert Khuzami, the agency's top enforcement official, gave preferential treatment to Citigroup Inc executives in the agency's $75 million settlement with the firm, Bloomberg reported on Monday.
IBTimes Logo

Could the U.S. central bank go broke?

The U.S. Federal Reserve's journey to the outer limits of monetary policy is raising concerns about how hard it will be to withdraw trillions of dollars in stimulus from the banking system when the time is right.
IBTimes Logo

SEC sues ex-Trivium fund manager in Galleon case

The co-founder of a New York hedge fund that once had just under $1 billion in assets was accused of insider trading by U.S. securities regulators, in an investigation that stems from the long-running Galleon hedge fund probe.
IBTimes Logo

Fed turns record profits over to Treasury

The Federal Reserve is turning over a record $78.4 billion to the U.S. Treasury Department after its swollen securities portfolios generated big profits in 2010, the central bank said on Monday.
IBTimes Logo

SEC sues Trivium in Galleon case

The Securities and Exchange Commission brought civil insider trading charges against the co-founder of a one-time $900 million hedge fund as part of the ongoing Galleon hedge fund probe.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.