INVESTMENT

Evergrande targets $769 mln HK IPO, way below '08 plans

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Chinese property developer Evergrande Real Estate Group Limited plans to raise up to $769 million in a Hong Kong initial public offering, according to a term sheet obtained by Reuters on Monday, 63 percent below its attempted goal last year.
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Futures rise on earnings optimism

U.S. stock index futures rose on Monday, as the outlook for corporate earnings lifted investor optimism about the vitality of an economic recovery.
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Stock futures signal rebound along with commods

U.S. stock index futures pointed to a rebound on Wall Street on Monday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.52 percent at 3.30 a.m. EDT.
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Earnings blitz to test market's mettle

U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations.
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CME in informal talks to take over CBOE: report

CME Group Inc, the world's largest derivatives exchange, is in talks to take over the Chicago Board Options Exchange in a deal that would value the largest U.S. options market at up to $5 billion, according to Crain's Chicago Business.
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Industry warns of consequences of dark pool reform

Sweeping rule changes meant to shed light on so-called dark pools, where stock-trading is done anonymously, could ultimately hurt the traditional investors that regulators are trying to empower, trading executives warned over the past few days.
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BofA swings to $1 billion loss

Bank of America Corp posted a $1 billion quarterly loss on Friday as consumer credit woes eclipsed investment banking earnings, underlining why the bank remains on a government respirator.
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U.S. charges 6 with hedge fund insider trading

Galleon hedge fund partner Raj Rajaratnam and five others were charged with crimes including securities fraud and conspiracy involving insider trading that generated more than $20 million in profits, U.S. prosecutors and the FBI said on Friday.
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U.S. charges Rajaratnam, others in record insider trading case

Galleon Group founder Raj Rajaratnam and five others were charged with engaging in the largest ever hedge fund insider-trading scheme, generating profits of more than $20 million over several years, U.S. prosecutors, the FBI and the SEC said Friday.

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