IBTimes Australia : Equities

U.S. asks judge to deny S&P's motion to dismiss fraud lawsuit

Tue, 21 May 2013 14:48:02 +1000

The Justice Department on Monday asked a federal judge to deny Standard & Poor's motion to dismiss a government lawsuit against the ratings agency, saying its statements on certain financial products were fraudulent and not mere "puffery".

Wall Street ends flat on correction worries

Tue, 21 May 2013 07:32:02 +1000

Stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correction cut earlier gains that had been prompted by news about a flurry of acquisitions.

Wall Street ends near flat; correction worry rises

Tue, 21 May 2013 06:16:01 +1000

U.S. stocks ended little changed on Monday with indexes hovering near record levels as concerns about a correction cut earlier gains that were boosted by acquisition activities.

Wall Street hovers near record levels as investors hesitate to jump in

Tue, 21 May 2013 04:24:02 +1000

Stocks slipped by afternoon trade on Monday as indexes struggled to break above their record levels with investors hesitant to rush into the market.

Wall St. inches up as deals provide support for rally

Tue, 21 May 2013 03:00:04 +1000

Stocks rose slightly on Monday as acquisition activity gave support, but investors were hesitant to rush into the market with indexes hovering around record levels.

Wall Street little changed, deals provide support

Tue, 21 May 2013 01:16:02 +1000

Stocks were little changed on Monday as acquisition activity gave support but investors were reluctant to rush into the market with indexes hovering around record levels.

Wall St. dips after records, but deals support

Tue, 21 May 2013 00:08:02 +1000

Stocks dipped in early trading on Monday, with investors scrambling for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Wall Street opens lower after record highs

Mon, 20 May 2013 23:40:03 +1000

Wall Street opened weaker on Monday as investors searched for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Wall Street to dip after records, acquisitions eyed

Mon, 20 May 2013 23:24:04 +1000

Stocks were set to dip at the open on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Stock futures dip after records, acquisitions eyed

Mon, 20 May 2013 22:48:02 +1000

Stock index futures dipped in light volume on Monday as investors search for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Stock futures little changed after records, acquisitions eyed

Mon, 20 May 2013 21:48:02 +1000

Stock index futures were little changed in light volume on Monday as investors search for catalysts after major equity indexes closed Friday for a fourth consecutive week of gains.

European shares set new five-year high, cyclicals up

Mon, 20 May 2013 17:40:02 +1000

European shares extended gains to set a new five-year high for a fourth straight session on Monday, with investors flocking to buy riskier assets such as equities on fresh signs of a recovery in the global economy.

No case for S&P ratings downgrade: India economic affairs secretary

Mon, 20 May 2013 15:24:02 +1000

There is no case for downgrading India's sovereign credit rating, Economic Affairs Secretary Arvind Mayaram told the news channel ET Now on Monday, after Standard & Poor's reiterated its negative outlook on the country's credit rating.

Wall Street Week Ahead: Correction talk gets old as rally sails along

Sat, 18 May 2013 18:32:01 +1000

With the broad S&P 500 Index <.SPX> gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.

Dow, S&P end at records, stocks mark fourth week of gains

Sat, 18 May 2013 08:08:02 +1000

Stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies.

Growth stocks in command as Wall Street rally gallops on

Sat, 18 May 2013 05:00:03 +1000

Growth sectors led Wall Street's advance on Friday as encouraging economic data put major U.S. stock indexes on track to close out their fourth week of gains in a row.

Wall Street bonuses, staff levels to rise in 2013: consultant

Sat, 18 May 2013 04:00:02 +1000

Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting firm.

Dollar soars, stocks gain amid talk of Fed QE exit

Sat, 18 May 2013 01:00:03 +1000

Global equity markets rose and the dollar soared against a basket of currencies on Friday, reaching a nearly three-year peak, as speculation mounted over whether the Federal Reserve would soon begin to rein in its asset-buying program.

Wall Street rally just keeps ticking, lifted by data

Sat, 18 May 2013 00:56:01 +1000

U.S. stocks advanced on Friday, with the S&P 500 erasing declines in the previous session, putting the index on track for its fourth straight weekly advance as data helped support recent momentum.

GM stock tops 2010 IPO price

Sat, 18 May 2013 00:32:02 +1000

General Motors Co shares on Friday topped their 2010 initial public offering price, which will help the automaker's largest shareholder, the U.S. Treasury, pare its losses.

Data lifts Wall Street to session high

Sat, 18 May 2013 00:16:01 +1000

Stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years.

Wall Street opens up in rebound from recent drop

Fri, 17 May 2013 23:40:03 +1000

Stocks opened higher on Friday and were on track for their fourth straight week of gains as equities rebounded off their worst daily decline in nearly three weeks.

Wall Street to open higher; UMich, leading indicators on tap

Fri, 17 May 2013 23:24:03 +1000

U.S. stocks were set for a higher open on Friday, putting the S&P 500 on track to rebound from its worst decline in nearly three weeks and on pace for its fourth straight weekly advance ahead of data on consumer sentiment.

Stock futures rise ahead of UMich, leading indicators data

Fri, 17 May 2013 22:32:02 +1000

Stock index futures rose on Friday, indicating the S&P 500 will rebound from its worst decline in nearly three weeks, keeping the index on track for its fourth straight weekly advance ahead of data on consumer sentiment.

Wall Street slips after Fed comments, but Cisco surges

Fri, 17 May 2013 07:48:03 +1000

Stocks fell on Thursday, with the downturn accelerating late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer.

Rating for Buffett's Berkshire cut by S&P

Fri, 17 May 2013 06:56:02 +1000

Warren Buffett's Berkshire Hathaway Inc had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its insurance business for dividend income.

Global stocks slip, dollar gains on Fed policy remarks

Fri, 17 May 2013 06:48:03 +1000

Global equity markets fell on Thursday after a regional president of the Federal Reserve said the U.S. central bank could begin to ease up on its loose monetary policy this summer, leading the dollar to recover against the euro.

Wall Street sags after Fed comments, but Cisco surges

Fri, 17 May 2013 06:48:03 +1000

Stocks fell on Thursday, with the downturn accelerating late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer.

Wall Street ends lower after Fed official's comments

Fri, 17 May 2013 06:08:02 +1000

Stocks ended lower on Thursday, with declines picking up steam late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer.

Wall Street adds to losses after Fed official comments

Fri, 17 May 2013 06:00:04 +1000

Stocks added to declines late in the session on Thursday after a Federal Reserve official's comments that the central bank could begin dialing back its bond-buying program as early as this summer.