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By Liz Capo McCormick and Cordell Eddings, Bloomberg |
January 28, 2013
Treasury 10-year note yields touched 2% for the first time since April as orders for durable goods in the U.S. rose more than forecast, another signal the U.S. economic recovery may be strengthening.
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By Glenys Sim, Bloomberg |
January 21, 2013
Gold may climb over the next three months as U.S. lawmakers attempt to tackle the country’s debt ceiling and the world’s largest economy slows, Goldman Sachs Group Inc. said, advising investors to take positions on advances.
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By Michael J. Moore, Bloomberg |
January 18, 2013
Morgan Stanley, the top global equity underwriter last year, reported profit that beat analysts’ estimates as brokerage earnings more than doubled and margins from that unit surpassed the firm’s goal for this year.
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By Rita Nazareth and Sarah Pringle, Bloomberg |
January 17, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index to a five-year high, amid better- than-forecast initial jobless claims and housing data.
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By Alexis Leondis, Bloomberg |
January 17, 2013
BlackRock Inc., the world’s biggest money manager, said fourth-quarter earnings increased 24% as its exchange-traded funds drew client deposits and assets rose.
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By Joseph Ciolli, Bloomberg |
January 17, 2013
The euro approached a 10-month high against the dollar as Spain’s borrowing costs fell at a 4.5 billion-euro ($6 billion) sale of bonds, underscoring increased confidence in European debt markets.
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By Donal Griffin, Bloomberg |
January 17, 2013
Citigroup Inc., the third-biggest U.S. bank by assets, reported a profit increase that was less than analysts estimated as litigation costs rose and benefits from releasing loan-loss reserves declined.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
January 15, 2013
Danske Bank A/S and Credit Suisse Group AG, the most-accurate gold forecasters, say prices will probably peak this year while their nearest rival, UniCredit SpA, sees no end in sight to the 12-year bull market.
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By Eleni Himaras, Bloomberg |
January 14, 2013
Investment banks are cutting jobs in equities faster than any other division as revenue recovers at a slower pace than the rest of their businesses and more trading is automated.
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By Stephen Kirkland and Michael P. Regan, Bloomberg |
January 9, 2013
Stocks rose, snapping a two-day slide, amid optimism that U.S. corporate earnings will extend a third straight year of growth. The yen weakened on speculation the Bank of Japan will expand stimulus.
