Showing posts with the label Reuters - Daily Investor Update

Wall Street posts first two-week surge since July: Reuters - Daily Investor Update

LATEST NEWS Wall Street posts first two-week surge since July NEW YORK (Reuters) - Stocks scored their first back-to-back weekly gains since early July on Friday, on strong Google earnings and as investors kept riding waves of optimism for a solution to the euro-zone debt crisis. | Full Article U.S. rejects plan to strengthen IMF in euro zone crisis October 14, 2011 03:34 PM ET PARIS (Reuters) - Proposals to double the size of the IMF as part of a broader international response to Europe's debt crisis ran into resistance from the United States and others on Friday, burying the idea for now and putting the onus firmly back on Europe. | Full Article U.S. budget gap widens, tops $1 trillion for third year October 14, 2011 03:23 PM ET WASHINGTON (Reuters) - The U.S. budget gap widened slightly in fiscal 2011, staying above $1 trillion for a third straight year and providing fodder for a political battle over taxes and spending ahead

Merkel risks rebellion on euro rescue fund: Reuters - Daily Investor Update

LATEST NEWS Merkel risks rebellion on euro rescue fund BERLIN/ATHENS (Reuters) - German Chancellor Angela Merkel may fall short of a majority in her own coalition for a crucial reform of the euro zone rescue fund meant to stop a sovereign debt crisis spreading, in what would be a severe blow to her authority, a test vote showed. | Full Article Stocks gains on Europe, Accenture rises late September 27, 2011 05:23 PM ET NEW YORK (Reuters) - Stocks rose for a third day on Tuesday on efforts by euro-zone officials to solidify the region's rescue fund and alleviate a sovereign debt crisis, boosting optimism. | Full Article Christie may pass on best time to seek White House September 27, 2011 05:00 PM ET NEW YORK (Reuters) - Republican New Jersey Governor Chris Christie could be about to turn down his best chance of becoming U.S. president, saying "no" just when his political fortunes may be at their peak. | Full Article

Wall St rises for 4th day; ends down for June | Reuters - Daily Investor Update

LATEST NEWS Wall St rises for 4th day; ends down for June NEW YORK (Reuters) - U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece's debt crisis indicated further gains in July. | Full Article Greece passes austerity bill after trouble-free vote June 30, 2011 04:14 PM ET ATHENS (Reuters) - The Greek parliament passed a second austerity bill Thursday, opening the way for the EU and IMF to release a 12 billion euro ($17 billion) loan installment which Athens urgently needs to stave off bankruptcy. | Full Article MBIA may pursue fraud claim vs BofA's Countrywide June 30, 2011 03:36 PM ET NEW YORK (Reuters) - MBIA Inc may pursue a lawsuit accusing Bank of America Corp's Countrywide Financial unit of fraudulently misleading it about mortgage securities it insured, costing at least $1.4 billion. | Full Article