Wall Street sinks on Europe's debt misery

NEW YORK: Wall Street dropped for a third day on Friday on worries about the Italian banking sector...

See Full Article

Source: The Edge

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...
London pre-open: Wall Street tail-winds boost London
LONDON (SHARECAST) - After the Dow Jones had its best day of the year overnight investors are keen to get their wallets out this morning and dive into equities.
Eight banks fail the European Banking Authority Stress Tests
Eight banks fail the European Banking Authority Stress Tests
A fourth of Europe's banks would be at risk in another downturn, stress tests find
Europe's banking system remains heavily dependent on government support and would be at risk if another economic downturn hits, the European Banking Authority said Friday in a report that highlights...
8 European banks fail stress tests
BANKING 8 fail stress tests in Europe Eight banks failed the European Union stress tests after regulators said Friday they had a combined capital shortfall of $3.5 billion, less than predicted by analysts...
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...
Wall Street futures and FTSE fall after shock US job numbers
A shocking low US employment number has sent shares tumbling as the world's biggest economy shows no signs of recovery despite all the financial stimulus sent in its direction. Dow Jones futures - up...