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| Futures Gain On Economic Optimism Wall Street Journal By BARBARA KOLLMEYER US stock futures were trading higher on Monday, with Wall Street headed for a positive start to 2011 amid rising optimism on the US economy. Futures for the Dow Jones Industrial Average rose 76 points, or 0.7%, to 11589, ... See all stories on this topic » | ||
| Facebook worth $50 billion after investment - report CNNMoney By CNNMoney.com staffJanuary 3, 2011: 7:08 AM ET NEW YORK (CNNMoney) -- Facebook has received investments that place the social network's value at $50 billion, according to a published report. Goldman Sachs (GS, Fortune 500) and an unnamed Russian ... See all stories on this topic » | ||
| Bank of America Sees $2 Billion Charge on Home Loans, Insurance Bloomberg By Steve Dickson - Mon Jan 03 12:25:43 GMT 2011 Bank of America Corp., the biggest US bank by assets, will take a $2 billion impairment charge and a $3 billion provision in the fourth quarter to resolve mortgage-repurchase claims by Freddie Mac and ... See all stories on this topic » | ||
| Hutchison Raises Stakes In South China Ports Wall Street Journal By JOANNE CHIU HONG KONG—Hutchison Whampoa Ltd. said Monday it plans to spend 5.7 billion Hong Kong dollars (US$735 million) to raise its controlling stakes in ports in Hong Kong and Shenzhen, underscoring its optimism about a continued recovery in the ... See all stories on this topic » | ||
| Fiat Doesn't Plan Chrysler Merger Wall Street Journal By SABRINA COHEN And LIAM MOLONEY MILAN—Fiat SpA Chief Executive Sergio Marchionne said Monday he doesn't plan to merge operations with Chrysler Group LLC, but noted the Italian firm could lift its 20% stake in the US auto maker to over 50% in 2011 if ... See all stories on this topic » | ||
| Europe shares start new year on a high; Porsche up Reuters By Dominic Lau LONDON, Jan 3 (Reuters) - European shares rose on Monday, the first trading day of the year, led by gains in automakers after Porsche (PSHG_p.DE) won a legal challenge from US hedge fund groups. Porsche surged 14.8 percent on strong ... See all stories on this topic » | ||
| European Manufacturing Expands Faster Than Estimated, Led by German Gains Bloomberg By Jurjen van de Pol - Mon Jan 03 11:33:22 GMT 2011 A gauge of manufacturing in the euro area rose to 57.1 from 55.3 the previous month, London-based Markit Economics said today. That's above the 56.8 reported earlier for December. ... See all stories on this topic » | ||
| Gold and silver welcome 2011 with high gains Market Crawl Gold prices recovered at the bullion market here today as a result of fresh buying by stockists and local demand amidst rigid overseas trend. Silver also bounced back to scale a record high on the back of speculative buying and industrial users. ... See all stories on this topic » | ||
| AIG Stock Could Drop as Government Sells off: Report ABC News NEW YORK (Reuters) - Shares in American International Group (AIG) could drop this year as the US government sells stock it owns in the insurer, Barron's reported on Sunday. The business weekly noted that AIG stock rose 40 percent in December to $58 per ... See all stories on this topic » |
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