Financial And Forex Info | Reuters - Daily Investor Update: Wall St closes higher as oil stabilizes.


Wall St closes higher as oil stabilizes
NEW YORK (Reuters) - U.S. stocks rose on Friday, bouncing back from a three-day sell-off as oil prices stabilized, but unease over the Libyan rebellion could be enough to keep buying in check. | Full Article

Fed's Lacker says oil price risks "manageable"
February 25, 2011 03:26 PM ET
NEW YORK (Reuters) - Oil price gains to date do not pose a risk to the U.S. economy but they could prove nettlesome if they jump a lot higher or create an inflationary psychology, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday. | Full Article
Economic growth trimmed, consumers more upbeat
February 25, 2011 03:30 PM ET
WASHINGTON (Reuters) - U.S. consumer confidence hit a three-year high in February, suggesting the economy remained on a solid footing despite soaring gasoline prices. | Full Article
Boeing basks in glow of tanker win, but risks loom
February 25, 2011 03:21 PM ET
CHICAGO (Reuters) - Boeing Co, its suppliers and investors had good reason to cheer after the company snared a $30 billion Pentagon order this week, but challenges loom as Boeing prepares to fill the historic order on what may be a tight budget. | Full Article
Starbucks wins Kraft appeal over coffee deal
February 25, 2011 04:14 PM ET
NEW YORK (Reuters) - A significant legal obstacle was removed to Starbucks Corp ending its coffee distribution agreement on March 1 with Kraft Foods Inc by a U.S. appeals court ruling on Friday. | Full Article


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