RefBan

Referral Banners

Monday, February 27, 2012

Daily Investor Briefing: Wall St closes at highest since...

Reuters » Election_newsletter_nov11 » V2
02/27/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Wall St closes at highest since mid-2008
NEW YORK (Reuters) - The benchmark S&P index closed at its highest level since mid-2008 on Monday, extending gains for a third session as oil prices retreated after recent sharp gains and data showed further improvement in the U.S. housing market.
Consumer debt falls in Q4 on mortgage balances
NEW YORK (Reuters) - U.S. households continued to shave debt in the fourth quarter as mortgage balances declined, while there were tentative signs Americans are increasingly willing to spend, according to a report released on Monday by the New York Federal Reserve.
Pending home sales near 2-year high
WASHINGTON (Reuters) - Contracts to purchase previously owned U.S. homes neared a two-year high in January, an industry group said on Monday, further evidence the housing market was slowly turning the corner.
Merkel scrapes win on Greek bailout, rebels grow
BERLIN (Reuters) - German Chancellor Angela Merkel scraped through a parliamentary vote endorsing a second bailout for Greece on Monday but faced a growing backbench revolt against pouring in more money in support of the euro zone.
Bloomberg gives market data service a facelift
(Reuters) - Bloomberg LP revamped its market data service on Monday in an effort to make its flagship terminal more intuitive and simpler to use for financial clients who have seen their budgets slashed in recent years.
BofA $8.5 billion deal returned to NY state court
(Reuters) - Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage-backed securities should be returned to New York state court for review, a U.S. appeals court ruled Monday.
Volkswagen keeping options open on Porsche: source
BERLIN (Reuters) - Volkswagen made no decision at a supervisory board meeting on Monday on how to combine with Porsche , a high-ranking official said, as the carmaker seeks to avoid being hit by a billion-euro tax bill in the process.
FBI sees more hedge fund trading probe informants
NEW YORK (Reuters) - The FBI says it has enough informants lined up to keep its investigations of suspected illegal insider trading at hedge funds going for at least five more years.
G20 to Europe: Show us the money
MEXICO CITY (Reuters) - Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.
GM in talks to buy small Peugeot stake: sources
PARIS/NEW YORK (Reuters) - General Motors Co is in advanced discussions to buy a small stake in French automaker PSA Peugeot Citroen as part of their proposed strategic alliance in Europe, sources familiar with the situation said on Monday.
Related Video
U.S. Day Ahead: Fed to be grilled on housing white paper
Trading at Noon: Wall St. bounces back, trades flat
Related News

Dirt for investors to dig, if they can find it

Protect your investments from oil shocks
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Before the Bell
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Reuters Deals Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments: