January 28th, 2012 
admin On Friday, stock index futures pointed to a steady open on Wall Street, with futures for the S&P 500 up 0.02 percent, Dow Jones futures up 0.05 percent and Nasdaq 100 futures up 0.2 percent at 4 a.m. ET.
In early trade, European stocks dipped following strong increases in the previous session, as gains sparked by [...]
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January 16th, 2012 admin After Standard & Poor’s mass downgrade of euro zone countries late last week, the euro eased in early Asian trade on Monday and looked set to stay under pressure.
The euro stood at $1.2637 and also lost ground against the Australian dollar and was hovering just above an all-time low at A$1.2250. Markets are worried that [...]
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Tags: AAA rating, Australian dollar, bailout fund, EFSF, euro, euro zone 
No Comments » January 13th, 2012 admin Yahoo Inc is looking for new members for its board of directors after it hired a new chief executive, according to a person familiar with the matter.
The new CEO of Yahoo, Scott Thompson, will receive a compensation package that could be worth as much as $27 million.
Thompson, the president of eBay online payment division PayPal, [...]
Posted in Branding Tags: board of directors, CEO of Yahoo, online payment division, Scott Thompson, Yahoo Inc No Comments » January 11th, 2012 admin The U.S. Justice Department has begun reaching out to other banks for gauging their interest in joining the wide-ranging settlement as the government nears a deal with top banks to resolve mortgage abuses, according to a person familiar with the matter.
Several nationally chartered banks have been contacted with DoJ to identify whether they might agree [...]
Posted in Branding Tags: chartered banks, Justice Department, mortgage abuses, mortgage servicers No Comments » January 7th, 2012 admin On Tuesday, U.S. investors pushed shares higher to begin the New Year with hopes for something better than 2011’s flat stock market, though questions remain about whether a rally can be sustained.
The broad S&P 500 index closed at its highest since late October as traders.
“There were some good economic numbers from outside the U.S., and [...]
Posted in Reviews Tags: Dow Jones industrial average, Nasdaq composite index, S&P 500, stock market No Comments » January 3rd, 2012 admin After ratings agency Fitch cast doubt on eurozone’s ability to forge a decisive response, it will be pursuing measures for tackling its sovereign debt crisis this week by offering more cash to the IMF and long-term liquidity to banks, while moving towards tighter fiscal rules.
“We all know that Europe has not been able to convince [...]