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Stock futures rise, energy shares in view

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Stock index futures edged higher on Wednesday in what looks to be another low-volume session, with investors waiting for the start of 2012 before betting on risky assets.

Futures Rise, Energy Shares in View

Traders await the start of the trading at the New York Stock Exchange
Stock index futures edged higher on Wednesday in what looks to be another low-volume session, with investors waiting for the start of 2012 before betting on risky assets.
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Appeals Court Delays SEC-Citigroup Fraud Case

The Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator tries to appeal a judge's decision to reject its $285 million settlement with the bank.
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Corzine during a break in testimony about the MF Global

MF Global Holders of Physical Gold to Get Their Assets: Lawyer

A lawyer working on behalf of physical commodity account-holders at bankrupt broker-dealer MF Global has worked out an agreement with a major gold futures merchant that will unfreeze their assets. However, that's not great solace to the account-holders, who have lost big in the bankruptcy.
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Asian Stocks, U.S. Futures Rise

Asian stocks rose more than 1 percent and U.S. index futures also gained on Friday, as signs of a strengthening economy in the United States encouraged a year-end bounce for riskier assets.
People walk outside the New York Stock Exchange in New York. (REUTERS/Shannon Stapleton)

Gold, Stocks, Euro Pare Gains after ECB Bank Loans

Gold lost early gains Friday, along with stocks and the euro, as an unexpectedly high number of Eurozone banks queued up for low-interest loans reminded investors of just how widespread Europe's sovereign debt crisis has become.
RIM: No Truth to the Blackberry 10 Rumors

RIM Stock Advances on Acquistion Reports

There was also a report that Amazon.com Inc. considered buying Research in Motion (RIM). But RIM, maker of the BlackBerry, is said to have turned down overtures from Amazon since the company is determined to repair current shortcomings on its own, according to a report from Reuters.
U.S. Housing - Mortgage Rates

Mortgage Rates - Can They Drop Even More?

At least in one region of the county at dinner parties, it's the question that's on the lips of prospective home buyers: will home mortgage interest rates fall more? The average fixed rate for a 30-year mortgage for borrowers with good credit has declined to 3.92 percent,
Traders on the floor of NYSE

Jefferies Earnings Prop Up Wider Bank Sector

Wall Street banks woke up to an unexpected positive surprise Tuesday after one of the financial sector's most prominent medium-sized investment banks posted results that exceeded analyst expectations, showing strength in the much-battered sector in spite of a highly volatile fourth quarter. Earnings for Jefferies Group (NYSE:JEF) were 50 percent higher than analysts had expected.
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Wall Street to rebound at open, volatility seen

Stocks were poised to rebound at the open Tuesday after declines in the prior session as a drop in Spain's borrowing costs and unexpectedly positive data from Germany eased euro zone debt worries.
Goldman Sachs have been fined again for trading non-public information

Goldman Sachs' Quarterly Earnings Will be Less Than Half of Consensus: Nomura

In a bombshell research note that is making the rounds of Wall Street this morning, Glenn Schorr, the financial services sector analyst for Nomura, cut his estimate for Goldman's fourth-quarter earnings to $1 per share, half of his previous $2 prediction. That's less than half of what the consensus expectations are. Other bank estimates were also taken down.
Saudi Prince Alwaleed speaks at a news conference in Riyadh

Prince Alwaleed buys $300 million Twitter stake

Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, has bought a stake in Twitter for $300 million, gaining another foothold in the global media industry.
A person uses the new Blackberry Bold 9900 at a release party to promote the BlackBerry OS 7 devices in Toronto

BlackBerry Delay Darkens RIM's Future

A months-long delay in Research in Motion's new BlackBerrys and a dreary quarterly report sent RIM shares tumbling again on Friday and pushed some analysts to sound the death knell for the mobile device that once defined the industry.

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