Debt-ridden Japan Airlines (9205.T) could get a $3.3 billion lifeline from a state-backed fund, provided the carrier files for bankruptcy and its banks agree to write off loans, a source familiar with the matter said
Stock index futures suggested a flat open on Wednesday after a private report showed a slowdown in job losses, one day after the S&P 500 closed at a 15-month high.
Stock index futures held to losses on Wednesday after a report showed the U.S. private sector shed slightly more jobs than forecast in December.
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.4 percent, Dow Jones futures down 0.32 percent and Nasdaq 100 futures down 0.28 percent at 5.13 a.m. EST.
The euro took a brief battering on Wednesday on worries the European Union would not rescue fiscally struggling Greece while global stocks ticked over with investors eyeing major U.S. data due later in the week.
Gold edged higher in Asian trade Wednesday despite a relatively strong dollar. Gold for immediate delivery was seen trading at $1124.42 an ounce at 11.30 a.m Singapore time while U.S. gold futures for February delivery were at $1,123.20 at the same time. Higher rates typically boost the dollar and pressure gold, which is often used as an alternative to the U.S. currency.
Indicted Galleon hedge fund founder Raj Rajaratnam faces expanded charges of insider trading and allegations that he earned $36 million in illicit profits, double the amount previously alleged, U.S. prosecutors said on Tuesday.
Indicted Galleon hedge fund founder Raj Rajaratnam faces expanded charges of insider trading and allegations that he earned $36 million in illicit profits, double the amount previously alleged, U.S. prosecutors said on Tuesday.
Private equity firm Blackstone Group (BX.N) is aiming to control the restructuring of hotel owner Highland Hospitality Corp, a source familiar with the matter said on Tuesday, confirming a report in the Wall Street Journal.
The S&P 500 and the Nasdaq rose on Tuesday as better-than-expected factory orders and a surge in vehicle sales at Ford Motor Co provided more evidence of an economic recovery.
A day after the Tokyo Stock Exchange launched its new high-speed trading system, meant to capture the new need-for-speed in financial markets, U.S. exchanges were quick to tout how swift their systems are.
A casual comment by Doug Casey triggered my thoughts on how to get triple duty out of an atypical investment. My priorities are a little different because mothers focus on making money and being certain our families are taken care of, particularly when it comes to trifles like putting food on the table literally.
The S&P 500 and the Nasdaq rose on Tuesday as better-than-expected factory orders and a surge in vehicle sales at Ford Motor Co provided more evidence of an economic recovery.
2009 is finally behind us, and the New Year's in full force - as evidenced by the solid rally that stocks are starting today. Here at the Penny Sleuth, we closed the year out strong with another shot at double-digit gains in just three trading days last week.
Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
Kraft sweetened its $16.8 billion offer for Britain's Cadbury and a potential rival stood aside, but just hours later the U.S. food firm's influential top shareholder threatened to vote against the deal.
There is appetite for initial public offerings in Canada, but activity remained slow as 2009 drew to a close, a survey by PricewaterhouseCoopers showed on Tuesday.
AgBank, China's No. 3 lender by assets, is likely to make its multibillion dollar IPO only in the second half of 2010 or even later, as it tries to sort out its bad loans and waits out an expected round of capital raising by other Chinese lenders, sources said on Tuesday.
Dealmakers in China may well find a lot of the action this year in an unlikely place.
Stock index futures pointed to a flat open on Tuesday as investors awaited key economic data for new signs of recovery one day after the Dow and the S&P rallied to their highest closes in more than 15 months.
The recovery in financial markets last year helped bring significant improvement to the financial health of U.S. pension funds, potentially adding $180 billion to companies' balance sheets, a survey showed on Tuesday.
Stock index futures were flat on Tuesday as investors awaited key economic data for fresh signs of an economic recovery a day after the Dow and the S&P rallied to their highest closes in more than 15 months.