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By Inyoung Hwang, Bloomberg |
October 10, 2012
U.S. stocks fell, extending losses in the Standard & Poor’s 500 Index to a fourth day, as Alcoa Inc.’s forecast fueled concern over corporate earnings and global economic growth.
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By Whitney Kisling and Rita Nazareth, Bloomberg |
October 8, 2012
As third-quarter earnings season begins, the companies analysts are most bullish about are the ones whose stock prices are farthest below their highs -- banks.
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By Nikolaj Gammeltoft and Amanda Gould, Bloomberg |
September 17, 2012
U.S. stocks fell, after the Standard & Poor’s 500 Index rallied to its highest level since 2007, as European finance chiefs deadlocked at debt-crisis talks and New York area manufacturing slumped.
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By Elizabeth Campbell, Bloomberg |
September 2, 2012
Speculators increased bets on rising gold prices to the highest since March on mounting speculation that the Federal Reserve will expand its record stimulus.
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By Stephanie Ruhle, Christine Harper and Nina Mehta, Bloomberg |
August 14, 2012
Knight Capital Group Inc.’s $440 million trading loss stemmed from an old set of computer software that was inadvertently reactivated when a new program was installed.
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By Inyoung Hwang and Stephanie Ruhle, Bloomberg |
August 8, 2012
Knight Capital Group Inc. Chief Executive Officer Thomas Joyce estimated last week’s trading loss will be $270 million after taxes and told clients the firm is “in good standing” with clearinghouses.
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By Nina Mehta and Whitney Kisling, Bloomberg |
August 6, 2012
NYSE Euronext temporarily assigned responsibility for 680 stocks that Knight Capital Group Inc. handles as a primary market maker to Getco LLC so the broker could focus on shoring up its finances.
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By Cristina Alesci, Whitney Kisling and Nina Mehta, Bloomberg |
August 6, 2012
Knight Capital Group Inc. received a $400 million cash infusion through the sale of convertible securities after trading losses spurred by a software failure drove the market maker to the brink of bankruptcy.
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By Brian Womack, Bloomberg |
July 27, 2012
Facebook Inc. plunged to a record after its first earnings report as a public company showed a slower sales gain and narrower profit margins, failing to allay concerns over growth that have dragged down the shares.
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By Elizabeth Campbell, Bloomberg |
July 10, 2012
Speculators increased bullish commodity positions by the most in two years as prices rebounded from a bear market, boosted by a crop-damaging drought in the U.S. and moves by China and Europe to spur economic growth.
