The Australian Dollar opens lower against the greenback today at 0.8100. Support at US82 cents gave way yesterday very early in the local session as equity markets lost almost 3 per cent and the 16-nation Euro currency slid to new multi-year lows.
Walgreen Co said it will not be a provider for any new or renewed drug plans handled by CVS Caremark Corp's pharmacy benefits manager, which it said favors CVS pharmacies.
Negotiators from the Senate and House will begin meeting this week to craft a final Wall Street reform bill, with banks facing changes that threaten their profits, if not their business models.
Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
Goldman Sachs Group's U.S. government ties suffered a fresh blow on Monday, as a commission probing the financial crisis subpoenaed the bank, claiming the firm had flooded the panel with 2.5 billion pages of records.
Stocks fell on Monday, led by industrials and technology as investors stayed on their heels after last week's payrolls figure discouraged buyers.
Following are comments from euro zone finance ministers and other officials who gathered in Luxembourg on Monday for a meeting, with the agenda focused on the euro zone debt crisis.
Stocks fell on Monday, led by industrials and technology as investors stayed on their heels after last week's payrolls figure discouraged buyers.
Countries with big deficits must offer clear plans on how they will balance their budgets to maintain investor confidence and avoid problems seen in Europe, top economic policymakers said on Monday.
Bristol-Myers Squibb Co's shares rose more than 8 percent on Monday after news over the weekend that its experimental drug ipilimumab extended survival in patients with deadly skin cancer.
Connecticut's top prosecutor called on Google Inc on Monday to say whether it had collected data from personal and business wireless networks without the owners' permission.
Walgreen Co will not be a provider for any new or renewed drug plans handled by CVS Caremark Corp's pharmacy benefits manager, which it said bypasses Walgreen pharmacies in favor of its own.
For the moment, there's a bear market in Warren Buffett.
Morgan Stanley Chairman John Mack said that banks wanting to participate in the initial public offering of General Motors Co were being asked about lending lines for the ailing U.S. automaker.
European finance ministers sought to calm nervous markets Monday by nailing down details of a massive financial safety net for the euro zone as Germany unveiled new budget cuts it hopes will set an example for its partners in the bloc.
Countrywide Financial Corp, the mortgage lender that became synonymous with risky lending practices, has agreed to pay $108 million to settle government charges that two Countrywide mortgage servicing companies misled and overcharged consumers.
Connecticut's top prosecutor plans to call on Google Inc on Monday to say whether it had collected data from personal and business wireless networks without the owners' permission.
A government commission investigating the financial crisis has issued a subpoena to Goldman Sachs Group Inc for failing to comply with a request for documents and interviews in a timely manner, the commission said on Monday.
The Dow and S&P 500 were modestly higher on Monday while the Nasdaq was lower, adding to last week's losses on a disappointing May payrolls report.
A gauge of the job market rose in May for the ninth straight month, indicating that a disappointing May jobs report released by the government last week may be a one-off, a research group said on Monday.
Wall Street fell on Monday, and added to last week's losses on the heels of a disappointing payrolls report, with little news or data to counteract the selling pressure.
British insurer Prudential's management sought to ease shareholder anger over its botched bid for AIG's Asian unit at a meeting on Monday, unveiling bumper sales and apologizing for the misadventure's huge costs.
European finance ministers sought to calm nervous financial markets on Monday by nailing down details of a massive financial safety net for the euro zone and working toward stricter budget discipline rules.
Marsh & McLennan Cos Inc said on Monday that it plans to sell Kroll, a risk consulting firm, to Altegrity in a $1.13 billion deal.
Stress tests that the United States conducted on its banks last year show releasing the results of such tests can be a calming force for markets, a senior Federal Reserve Bank of New York staffer said on Monday.
Stock index futures were slightly higher on Monday, reversing sharp declines in the last session, as solid German data eased concerns about a wobbly European economy and the S&P looked to bounce off a key technical level.
British insurer Prudential's top bosses sought to ease shareholder anger over its botched bid for U.S. group AIG's Asian unit, publishing bumper sales and apologizing for the misadventure's hefty cost.
Order ID: 1 | Update | $EURUSD Buy 1.1975 | Stop Loss: 80 Pips | Currently at -20
Wall Street was set for a slightly higher open on Monday after a sharp decline Friday, as strong German factory data eased concerns about a wobbly European economy and the S&P looked for support at a key technical level.
Stock index futures were slightly higher on Monday, reversing sharp declines in the last session, as solid German data eased concerns about a wobbly European economy and the S&P looked to bounce off a key technical level.
