Financial And Forex Info | Reuters Daily Investor Update: Wall St ends up, oil muddies bullish picture


Wall St ends up, oil muddies bullish picture
NEW YORK (Reuters) - Bullish comments from Warren Buffett helped U.S. stocks end another good month on a high note on Monday, but uncertainty about oil prices could keep investors from pushing the market much higher. | Full Article

Consumer spending makes slow start, factories roar
February 28, 2011 04:14 PM ET
WASHINGTON (Reuters) - U.S. consumer spending barely edged up in January as households took advantage of tax cuts to rebuild their savings, suggesting spending would offer only a modest lift to the recovery in the first quarter. | Full Article
Blackstone to buy Centro malls for $9.4 billion: sources
February 28, 2011 01:39 PM ET
SYDNEY (Reuters) - Private equity firm Blackstone Group LP has struck a deal to buy nearly 600 U.S. strip malls and other properties from Australia's Centro Property Group for about $9.4 billion, people with direct knowledge of the transaction said on Monday. | Full Article
Barclays raises S&P 500 index 2011 target
February 28, 2011 02:58 PM ET
(Reuters) - Barclays Capital said it is more constructive about U.S. corporate earnings for 2011, citing increased confidence in financial sector margins and lower economic uncertainty, and raised its full-year price target for the S&P 500 index to 1,450 from 1,420. | Full Article
Ford CFO wants fewer incentives in Europe
February 28, 2011 03:03 PM ET
GENEVA (Reuters) - Ford Motor Co's financial chief wants automakers in the European market to adopt "rational" behavior and put an end to incentive rates he sees as excessive. | Full Article


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