With sparse data, focus returns to Europe
(Reuters)
7 hours agoReuters - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
Glencore offers 8 percent premium to Xstrata to seal merger: FT
(Reuters)
29 minutes agoReuters - Shareholders in global miner Xstrata Plc are set to receive 2.8 shares in commodities trader Glencore International for each share held as the two firms try to seal an $88 billion deal, the Financial Times reported on Monday.
Greek parties face Monday EU bailout deadline
(Reuters)
Posted 1 hours agoReuters - Greece's coalition parties must tell the European Union on Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with political dithering in Athens over implementing reforms.
CommVault says will go it alone, despite MA buzz
(Reuters)
Posted 1 hours agoReuters - CommVault Systems Inc has managed to skirt rampant consolidation in the fast-growing storage software market, and CEO Bob Hammer is planning to keep it that way.
Olympus ex-CEO Woodford sees more revelations
(Reuters)
2 hours agoReuters - Official investigations into a massive fraud at Japan's Olympus Corp are highly likely to lead to further revelations on the scandal soon, according to the firm's former chief executive, Michael Woodford, who blew the whistle on the affair.
Markets rally after forecast-busting US jobs data
(AP)
3 Feb 2012 at 9:42amAP - Stocks spiked sharply higher on Friday after forecast-busting U.S. jobs figures reinforced hopes that the recovery in the world's largest economy is gathering pace at a time when other regions, notably Europe, may be heading back into recession.
Jobless rate at 3-year low as payrolls surge
(Reuters)
3 Feb 2012 at 5:14pmReuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.
Aon Q4 profit rises, but margin pressures persist
(Reuters)
3 Feb 2012 at 10:54amReuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
Pro-EU Niinisto wins Finnish presidency
(Reuters)
3 hours agoReuters - Pro-Europe politician Sauli Niinisto won Finland's presidency on Sunday in an election that showed voters want to keep the country in the euro zone despite misgivings over European Union bailouts.
New York sues banks over electronic mortgage system
(Reuters)
3 Feb 2012 at 5:54pmReuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
Greek crisis talks for debt deal pushed to Monday
(AP)
5 hours agoAP - Crisis talks on a debt deal for Greece among the three leaders of parties supporting the coalition government were suspended and will continue Monday.
Euro zone sales tumble at Christmas, no sign of growth
(Reuters)
3 Feb 2012 at 6:38amReuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.
Romney focuses on Obama, Gingrich on Romney in NV
(AP)
3 Feb 2012 at 6:35pmAP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama.
Sierra Club Received Millions from Natural Gas Industry
(ContributorNetw...
3 hours agoContributorNetwork - According to a blog post from Sierra Club Executive Director Michael Brune, the environmentalist organization accepted millions of donated dollars from the natural gas industry to fight against coal-fired plants nationwide. Here are the details.
Palestinians call for PM's fall over taxes
(AP)
4 Feb 2012 at 7:27amAP - Hundreds of Palestinian protesters have called for their prime minister's resignation over recent tax and price increases.
GM, Ford feud over Super Bowl ad
(Reuters)
Posted 1 hours agoReuters - A simmering feud between General Motors Co and Ford Motor Co heated up on Sunday as Ford objected to GM's Super Bowl advertisement for its Chevy Silverado pickup truck.
