Stocks sink as Europe worries hit bank shares
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed sharply lower Monday, dragged down by financial stocks on worries Greece would soon default on its sovereign debt. The Dow Jones Industrial Average lost 151.44 points, or 1.2%, to close at 12,505.76, led by a 3.3% decline in Bank of America Corp. shares. The S&P 500 fell 24.31 points, or 1.8%, to 1,319.49. The Nasdaq Composite fell 57.19 points ...
Source: Market Watch
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Marshall Auerback: The European Monetary Union is the Titanic
By Marshall Auerback, a portfolio strategist and hedge fund manager. Cross posted from New Deal 2.0 The Iceberg Cometh: An economic and financial crisis will soon be brought about by the collapse of...
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Celebrity moms share benefits of stem cell preservation
By Anna ValmeroTAGUIG CITY, METRO MANILA— Tintin Bersola-Babao and Lexi Schulze Berenguer-Testa are urging Filipino mothers to invest in the “natural health insurance” through preservation of...
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U.S. stocks sink on debt fears; gold, dollar gain
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed with broad losses Monday as investors transferred holdings into safe-havens such as the dollar and gold on concerns over U.S. debt levels and European...
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Heartland NZ to raise $35M from share purchase plan
July 19 (BusinessDesk) - Heartland New Zealand Ltd. lifted its capital raising to buy PGG Wrightson Finance to $58 million, with $35 million to be raised from existing shareholders via a share purchase...
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Banking regulation uncertainty may slow share sales in bailed-out banks
UKFI – which controls taxpayers' stakes in RBS and Lloyds – calls for further clarity over work of the independent commission on banking and other regulators Uncertainty about banking regulation...
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US close: Stocks fight back
LONDON (SHARECAST) - Stocks finished in positive territory heading into the weekend, winning back some of the losses incurred earlier in the week. The Dow Jones closed up 42 at 12,479, the S&P 500 finished...
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Eight banks fail the European Banking Authority Stress Tests
Eight banks fail the European Banking Authority Stress Tests