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A collection of news and information related to Financial Markets published by this site and its partners.
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What Detroit crisis? Pension fund trustees hang out in Hawaii
ReutersHONOLULU (Reuters) - The city of Detroit may be facing a deepening financial crisis but that hasn't stopped four trustees of its public pension funds from spending $22,000 of retirement system funds to attend a conference in Hawaii this week. The trip 4,...Tags: Monroe County (Florida), Interior Policy, Pompano Beach, Corporate Crime, Finance
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REUTERS SUMMIT-Banco de Bogota sees new players in Colombia, eyes Peru
Reuters* Bank eyes growth in consumer, mortgage sectors * Looking at regional opportunities, sees competition * Banking investments pouring into Colombia By Helen Murphy and Nelson Bocanegra BOGOTA, May 24 (Reuters) - Colombia will remain a hot spot for...Tags: Economic Indicator, Bogota (Colombia), Consumers, Peru, Chile
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Ex-Virginia bank executives guilty in financial crisis case
Reuters(Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday of conspiracy to commit bank fraud and other charges in connection with a scheme to conceal loan losses that contributed to the bank'...Tags: Lawyers, Justice System, Prosecution, U.S. Department of Justice, Finance
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Wall Street posts first weekly loss since mid-April on Fed angst
ReutersNEW YORK (Reuters) - The S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the...Tags: Biogen Idec Incorporated, Pain Therapeutics, Hybrid Vehicles, Groupon, Inc., Annapolis
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U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: S&P 500, Consumers, Tampa, Iran, Finance
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Wall St registra primera caída semanal desde mediados de abril
ReutersPor Angela Moon NUEVA YORK, 24 mayo (Reuters) - El índice S&P 500 sufrió el viernes su tercer descenso consecutivo, y los tres principales referenciales de Wall Street terminaron su primera semana en terreno negativo desde mediados de abril, por el...Tags: Procter & Gamble, Stock Market, S&P 500, Abercrombie & Fitch Company, Sears Holdings Corp.
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US STOCKS SNAPSHOT-P&G lifts Dow into positive territory
ReutersNEW YORK, May 24 (Reuters) - U.S. stock indexes pared most of their earlier declines on Friday and the Dow pushed into positive territory, helped by a strong gain in shares of Procter & Gamble. The Dow Jones industrial average edged up 4.42 points, or 0....Tags: Stock Market, Procter & Gamble, S&P 500, Nasdaq Composite, Stock Activities
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GLOBAL MARKETS-Stimulus fears haunt share markets, dollar recovers
Reuters* Shares fall worldwide on worries of stimulus cutback * Dollar recoups losses, trades flat vs euro after U.S. data * Oil set for biggest weekly drop since mid-April By Herbert Lash NEW YORK, May 24 (Reuters) - Global equity markets edged lower on...Tags: Metal and Mineral, Gold and Precious Material, Central Bank, Federal Reserve, Germany
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US STOCKS SNAPSHOT-Wall St wanes on Fed uncertainty, S&P dips for 3rd day
ReutersNEW YORK, May 24 (Reuters) - The S&P 500 declined for a third day on Friday with the three major U.S. stock indexes posting their first negative week since mid-April on lingering concern that the U.S. central bank may scale back its stimulus measures to...Tags: Stock Market, Procter & Gamble, S&P 500, Nasdaq Composite, NASDAQ
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Wall st cierra en baja por incertidumbre sobre estímulos de la Fed
ReutersNUEVA YORK, 24 mayo (Reuters) - El índice S&P 500 sufrió el viernes su tercer descenso consecutivo, y los tres principales referenciales de Wall Street terminaron su primera semana en terreno negativo desde abril, por el persistente temor a que la...Tags: Stock Market, S&P 500, Nasdaq Composite, NASDAQ
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U.S. audit regulator reaches deal with China on document access
ReutersNEW YORK (Reuters) - U.S. regulators will get access to Chinese companies' audit documents under a deal announced on Friday, opening the way to probes of bungled audits after a two-year stand-off between China and the United States. The nonbinding deal...Tags: KPMG, Chuck Schumer, Deloitte Touche Tohmatsu Ltd., Corporate Crime, U.S. Securities and Exchange Commission
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Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Cirrus Logic Incorporated, Cisco Systems Inc., Easter, Kim Sung-hwan, Hewlett-Packard Co.
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