(Corrects the number that initial jobless claims are expected to fall to 10,000 from 15,000 in 3rd paragraph. The incorrect number was mentioned in an earlier stock market report)
Banks probed on risky securities; Citi's payback; Most pirated film of '09
U.S. stock index futures were higher on Thursday as the dollar weakened and investors awaited data expected to show improvement in durable good orders and the labor market.
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.22 percent, Dow Jones futures up 0.15 percent and Nasdaq 100 futures up 0.23 percent at 3:33 a.m.
Asian stocks gained on Thursday, with Tokyo shares hitting their highest in three months, while the dollar edged away from recent peaks on weak U.S. housing data.
U.S. regulators and legislators are investigating whether Wall Street investment banks deliberately sold risky structured securities to clients, and then bet on the securities failing, the New York Times reported on Wednesday.
Asian stocks rose on Thursday led by gains in technology shares, while the U.S. dollar edged further away from recent peaks after an unexpected drop in U.S. home sales cooled optimism about the economic recovery.
Citigroup Inc repaid $20 billion to the United States, as the bank works to reduce government involvement in its compensation practices.
A commission created by Congress to look into causes of the financial crisis will question the chief executives of Goldman Sachs Group Inc, JPMorgan Chase & Co, Morgan Stanley and other big banks at its first public hearing next month
French-based Icade will buy Compagnie la Lucette, another real estate firm, from Morgan Stanley to create a entity with a portfolio of over 5.7 billion euros ($8.2 billion).
Glencore , the secretive Swiss commodities trader, took a step toward a public listing valuing it at more than $35 billion, as investors bought bonds that could give them a near 6 percent stake.
In a move seen as a precursor to an initial public offering for Glencore International AG, a group of institutional investors will invest about $2.2 billion into the Swiss commodity trader, the Wall Street Journal said, citing people familiar with the situation.
Stock index futures pointed to a higher open on Wednesday after data showed personal spending rose in November, though by less than expected.
Stock index futures rose on Wednesday, a day after chipmaker Micron Technology swung to a quarterly profit and as investors awaited data expected to show an improvement in consumer sentiment.
U.S. stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.3 percent, Dow Jones futures up 0.25 percent and Nasdaq 100 futures up 0.35 percent.
World stocks rose for a third straight session on Wednesday and the dollar set a two-month peak against the yen after upbeat U.S. housing market data fanned expectations for a solid recovery in the U.S. economy.
Indian and Australian shares led Asian stock markets higher on Wednesday, while oil and gold came under pressure as the dollar held firm thanks to optimism about the U.S. economy.
Lawyers for Galleon hedge fund founder Raj Rajaratnam objected on Tuesday to the government's request to schedule his criminal trial ahead of a parallel SEC case, saying the move could compromise the defense's case.
Investors are ready to bet big again on superstar hedge fund manager Kenneth Griffin, having told his Citadel Investment Group that they plan to commit $1 billion early next year, people familiar with the matter said.
Stocks logged another 14-month high on Tuesday as a surge in existing home sales indicated more stabilization in housing and boosted optimism about the economic recovery.
Warren Buffett's Berkshire Hathaway Inc said on Tuesday Comcast Corp Chief Operating Officer Stephen Burke has been elected to its board of directors.
Your roving Whiskey reporter just came back from the Big Apple last week after a short afternoon's jaunt to the Japan Society. Lest you think I'm going to tell you to invest in kimono (like carry trade sweethearts did a few years back), don't be fooled.
