3/19/2012 11:09 PM ET (RTTNews) – Indian shares are seen opening on a flat note Tuesday, as a lack of fresh triggers may prompt investors to remain on the sidelines amid mixed Asian cues. Asian markets are trading mostly lower even as technology stocks gained ground following news that Apple will issue its first stock [...] [...]
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3/18/2012 8:32 PM ET (RTTNews) – The Taiwan stock market has closed lower in consecutive trading days, dropping more than 70 points or 0.85 percent along the way. The Taiwan Stock Exchange finished just above the 8,050-point plateau, and now analysts are predicting a mixed start for the market at the opening of trade on [...] [...] WASHINGTON (AP) — The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeowners. The financial firms — EverBank, Goldman Sachs Group, HSBC Holdings PLC, PNC Financial Services Group, MetLife, OneWest Bank, SunTrust Banks and U.S. Bancorp — were not part of last month’s settlement [...] [...] 3/18/2012 9:33 PM ET (RTTNews) – The Australian stock market is trading notably higher on Monday with investors picking up stocks from across various sectors amid renewed optimism about the global economy.Mining, financial, healthcare, industrial and information technology stocks are mostly trading higher. Energy and consumer discretionary stocks are also finding good support.The benchmark S&P/ASX [...] [...] 3/20/2012 6:15 AM ET (RTTNews) – Indian shares snapped a three-day losing streak on Tuesday, defying a regional downward trend and a retreat in European shares for a second day, as a fall in oil prices from their highest levels in almost three weeks eased inflation worries. Also, sentiment improved after amendments moved by the [...] [...] Prices for U.S. Treasury debt slumped for a ninth straight day Monday as the improving economic outlook made other investments more attractive. The 10-year note is having its longest losing streak since 2006. Its yield is near a seven-month high. A bond’s yield rises as its price falls. Traders’ faith in the economic recovery has [...] [...] TaxMasters, already the target of complaints from two state attorneys general, has filed for bankruptcy.NEW YORK (CNNMoney) — TaxMasters, the Houston-based firm that advertises it can help consumers facing problems with taxes, filed for bankruptcy protection Sunday.The firm, which had a prominent ad campaign featuring CEO Patrick Cox on numerous cable networks, has already been [...] [...] Wendy’s U.S. sales totaled $8.5 billion last year.NEW YORK (CNNMoney) — Wendy’s is taking a bite out of Burger King in the fast food business.Dave Thomas’s restaurants became the No. 2-selling hamburger chain in the country last year, industry research firm Technomic said Monday, pushing Burger King back to the No. 3 spot. Burger King [...] [...] Apple’s release of the iPad on March 16 was the most successful iPad launch yet.NEW YORK (CNNMoney) — Apple announced late Monday that it has sold more than 3 million new iPads since the new version’s March 16 launch, making this the most successful launch yet for Apple’s tablet.On a conference call with analysts Monday [...] [...] 3/19/2012 7:30 AM ET (RTTNews) – Indian shares fell sharply on Monday on apprehensions whether the government will rein in spending and bring down fiscal deficit to 5.1 percent as announced in this year’s Budget. Also weighing on sentiment to some extent, government data released today indicated an acceleration in price levels in February, with [...] [...] 3/19/2012 7:59 PM ET (RTTNews) – The Malaysian stock market bounced right back to the upside again on Monday, one session after it had ended the modest two-day winning streak in which it had collected more than 15 points or 1 percent. The Kuala Lumpur Composite Index finished just below the 1,575-point plateau, and now [...] [...] NEW YORK (CNNMoney) — Apple on Monday announced plans for much of the $97.6 billion in cash it has accumulated from massive iPod, iPhone, iPad and Macintosh sales.The company said it would begin giving shareholders a quarterly dividend of $2.65 per share sometime its fiscal fourth quarter, which begins in July. Apple last offered a [...] [...] Last week, PNC Financial Services Group Inc. (NYSE:PNC – News) got the nod from the Federal Reserve to hike its common stock dividend. In the latest round of stress tests, the Fed reviewed the company’s capital plan and did not object to any of the capital actions proposed by the company.In its capital actions, PNC [...] [...] 3/19/2012 9:44 PM ET (RTTNews) – The Indonesia stock market has closed lower now in three straight sessions, falling almost 30 points or 0.75 percent in that span. The Jakarta Composite Index finished just below the 4,025-point plateau, and now investors are anticipating a measure of traction when the market kicks off trade on Tuesday.The [...] [...] 3/18/2012 10:00 PM ET (RTTNews) – The Japanese market is trading higher on Monday with investors indulging in some brisk buying amid hopes that the yen will continue to drift lower against the U.S. dollar.Shares from oil, shipbuilding, services, warehousing and textiles sectors are mostly trading higher. Financial and chemicals stocks are also finding support. [...] [...] FINAL LEG: The U.S. Treasury Department has sold off the final portion of $225 billion in mortgage-backed securities it purchased during the height of the financial crisis. THE DETAILS: Treasury said Monday that the sales of securities issued primarily by troubled mortgage companies Fannie Mae and Freddie Mac have netted the government $25 billion in [...] [...] 3/18/2012 8:52 PM ET (RTTNews) – The China stock market on Friday wrote an emphatic finish to the two-day slide in which it had retreated more than 80 points or 3.4 percent. The Shanghai Composite Index finished just above the 2,400-point plateau, and now investors may continue to pick up bargains on Monday following heavy [...] [...] Click the chart for more on the major stock market gauges.NEW YORK (CNNMoney) — After a year filled with uncertainty, 2012 has so far been a strong one for stocks. Stronger economic data has helped push the Dow up more than 8% since January.But it’s not so easy for some investors to forget last year’s [...] [...] 3/19/2012 12:38 AM ET (RTTNews) – Indian shares are trading modestly lower in early trading on Monday as analysts and industry leaders expressed disappointment over the budget proposals. Other Asian markets are trading mostly higher this morning, helping limit the downside to some extent. Erasing early gains, benchmark indexes Sensex and the Nifty are currently [...] [...] Starbucks’ first juice bar uses its new Evolution Fresh brand.NEW YORK (CNNMoney) — Starbucks moved beyond its coffee roots Monday, opening its first juice bar under its newest brand, Evolution Fresh.The juice bar is in Bellevue, Washington, not far from its Seattle home base. While the company operates about 17,000 coffee shops in 50 countries, [...] [...] WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday’s auction with rates on three-month bills unchanged and rates on six-month bills rising to their highest level in a year. The Treasury Department auctioned $33 billion in three-month bills at a discount rate of 0.095 percent, unchanged from last week. Another $31 [...] [...] 3/19/2012 6:06 AM ET (RTTNews) – Asian shares ended on a mixed note on Monday as lower-than-expected consumer-sentiment and industrial-production data from the United States tempered optimism about growth in the world’s largest economy. While signs of growing stability in the euro zone helped eased sovereign debt worries, investors are sitting on the sidelines awaiting [...] [...] NEW YORK (CNNMoney) — Bank of America will significantly slash mortgage balances for as many as 200,000 borrowers.As part of the $26 billion settlement reached between the five major mortgage servicers, the federal government and the attorneys general of 49 states and District of Columbia last month, Bank of America (BAC, Fortune 500) customers who [...] [...] 3/9/2012 6:22 AM ET (RTTNews) – Indian shares rallied on Friday, snapping a three-day losing streak, as local shares played catch-up with gains across Asia on Thursday when the Indian markets were closed to celebrate Holi. The U.S. and European markets rallied overnight on optimism about the Greek debt-swap deal, which was finally announced early [...] [...] 3/8/2012 6:32 PM ET (RTTNews) – The South Korea stock market on Thursday halted the three-day losing streak in which it had fallen almost 55 points or 2.7 percent. The KOSPI now rests just above the 2,000-point plateau, and now analysts are forecasting additional support at the opening of trade on Friday.The global forecast for [...] [...] 3/8/2012 7:32 PM ET (RTTNews) – The Taiwan stock market on Thursday wrote a finish to the four-day losing streak in which it had given away more than 245 points or 3.2 percent. The Taiwan Stock Exchange finished just above the 7,980-point plateau, and now analysts are forecasting further upside at the opening of trade [...] [...] Lehman Brothers survived for 158 years before declaring bankruptcy in 2008. Its final chapter could take several years to wrap up.NEW YORK (CNNMoney) — Defunct investment bank Lehman Brothers moved into its final chapter Tuesday, but it will take years before the 161-year-old financial firm will close the book on its storied history. Three and [...] [...] 3/11/2012 7:30 PM ET (RTTNews) – The South Korea stock market has finished higher now in back-to-back sessions, collecting more than 35 points or 1.7 percent along the way. The KOSPI now rests just below the 2,020-point plateau, and now investors are expecting a fairly flat open for the market on Monday.The global forecast for [...] [...] |
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