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By Michael J. Moore, Bloomberg |
June 11, 2012
Wall Street bankers and traders, given hope by a market rebound in the first quarter, are now seeing earnings and paychecks threatened by turmoil in Greece in what is becoming an annual cycle.
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By Nina Mehta, Bloomberg |
June 7, 2012
Nasdaq OMX Group Inc.’s plan to earmark $40 million for brokers whose orders were mishandled in Facebook Inc.’s initial public offering will hurt competition, according to NYSE Euronext.
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By Michael McFarlin |
May 24, 2012
One of the major concerns supposedly addressed in the Dodd-Frank Act was that many banks had become “too-big-to-fail.” Here's a look at the size of the 10 largest banks in 2008 compared to now.
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By Stephen Kirkland and Michael P. Regan, Bloomberg |
May 1, 2012
Stocks advanced, sending the Dow Jones Industrial Average to the highest level since 2007, and Treasuries fell as faster growth in U.S. manufacturing fueled optimism in the world’s biggest economy. Oil surged above $106.
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By Canaccord Genuity Morning Coffee |
May 1, 2012
Energy Transfer Partners is purchasing Sunoco for $5.3 billion in stock and cash as it looks to shift toward crude oil in the face of depressed natural gas prices.
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By Phil Flynn |
May 1, 2012
Oil continues in a tight range with a slight upside bias. Swing trades should be considered. The dollar has been the main determining factor for oil as the balance between oversupply vs. geopolitical risk seems to be priced in.
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By Jim Polson and Mike Lee, Bloomberg |
April 30, 2012
Energy Transfer Partners LP, owner of about 23,500 miles of natural-gas pipelines, agreed to buy Sunoco Inc. for $5.3 billion.
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By Shobhana Chandra, Bloomberg |
April 27, 2012
The U.S. economy expanded less than forecast in the first quarter as the biggest gain in consumer spending in more than a year failed to overcome a diminished contribution from business inventories.
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By Elizabeth Campbell, Bloomberg |
April 26, 2012
The first time mad cow disease appeared in the U.S., beef exports plunged 82%. More than eight years later, the discovery of an infected dairy cow in California may do little to prevent shipments from surging to a record for a second straight year.
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By Jon Nadler |
April 16, 2012
Gold prices lost nearly $17 on Friday and they basically erased Thursday’s Fed-oriented, optimism-based move. The yellow metal finished the week at $1,658.50 the ounce. Silver lost nearly 90 cents.
