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09 Feb ' 08:55
12,884.60 +0.61 0.00% 1,348.90 -1.06 -0.08% 2,918.63 +2.77 0.09% 2,522.34 +9.42 0.37% 5,895.47 +19.54 0.33% 6,788.80 +40.04 0.59% 1,746.10 +0.85% 1.3296 0.2651% 2,918.63 +0.09% 12,884.60 +0.00% 1,348.90 -0.08% 5,895.47 +0.33% 2,522.34 +0.37% 6,788.80 99.96 +1.27% 2.036% +0.054 
Five U.S. banks will pay more than $25 billion in the biggest civil settlement involving states and the federal government to end a probe of abusive foreclosure practices stemming from the collapse of the housing bubble.
Greek political leaders announced agreement on austerity measures, clearing the way for a deal to cut the nation’s debt and win its second rescue in two years.
The euro climbed, Treasuries fell and commodities extended their longest rally of the year as Greek politicians agreed on austerity plans needed to qualify for international aid. U.S. stocks fluctuated.
Fewer Americans than forecast filed claims for jobless benefits last week and consumer confidence rose to the highest level in a year, pointing to gains in spending as job prospects brighten.
- Draghi Softens Outlook on Risks as ECB Refuses to Show Its Hand on GreeceUpdated 43 minutes ago
- Pimco Says Greece Austerity Agreement Unlikely to Be the Answer: Tom KeeneUpdated 14 minutes ago
- Hedge Fund Loss at Merchant Snaps Seven Gains in ‘Ugly Year’: CommoditiesUpdated 4 hours ago
- House Votes to Strengthen Insider-Trading Ban for Members of U.S. Congress Updated 47 minutes ago
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09 Feb ' 03:11
2,520.47 +7.55 0.30% 5,891.06 +15.13 0.26% 6,783.11 +34.35 0.51% 9,002.24 -13.35 784.49 +2.15 0.27% 21,010.00 -8.45 -0.04% 1,735.90 +0.27% 1.3275 0.1120% 5,891.06 +0.26% 2,520.47 6,783.11 +0.51% 99.29 +0.59% 2.007% +0.025 126.00 +1.61% 105.00 -7.08% 
Greek Finance Minister Evangelos Venizelos heads to Brussels today after politicians failed to finalize new austerity measures needed to secure a 130 billion euro ($173 billion) bailout package.
Credit Suisse Group AG, the second- biggest Swiss bank, said it had a loss in the fourth quarter for the first time since 2008, hurt by “adverse” markets and costs to reorganize the investment bank.
European stocks rose for the first time in four days and the euro strengthened as regional finance ministers prepared for talks on a Greek bailout. Spanish bonds declined and the cost of insuring against default increased.
The rate at which European banks say they see each other lending in euros for three months dropped for a 36th day, the longest run of declines in 2 1/2 years, as record borrowing from the central bank eased funding costs.
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08 Feb ' 21:17
9,002.12 -13.47 -0.15% 783.99 +1.65 0.21% 20,910.50 -107.94 -0.51% 1,736.50 +0.30% 1.3274 0.1052% 98.88 +0.17% 1.980% -0.002 0.00% 107.00 -5.31% 
Greek Finance Minister Evangelos Venizelos said there is still uncertainty on the terms of a 130 billion-euro ($172 billion) rescue package for Greece ahead of a meeting of euro area finance ministers today.
China’s inflation unexpectedly accelerated in January on the boost to spending from a week-long holiday, limiting room for monetary easing as Europe’s debt crisis damps exports and the property market cools.
Asian stocks fell from a six-month high and South Korea’s won weakened as Greek leaders fell short of a full agreement on a rescue plan and China reported faster- than-estimated inflation. The dollar rose against most of its 16 major peers.
As global stocks return to a bull market, the losers in the U.S. are companies least tied to economic growth.
- Hedge Fund Loss at Merchant Snaps Seven Gains in ‘Ugly Year’: Commodities Updated 46 minutes ago
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08 Feb ' 15:16
12,884.00 +5.75 0.04% 1,349.96 +2.91 0.22% 2,915.86 +11.78 0.41% 1,734.40 +0.18% 1.3228 -0.2428% 2,915.86 +0.41% 12,884.00 +0.04% 1,349.96 +0.22% 99.00 +0.29% 1.982% +0.009 
A multistate settlement with five large U.S. banks over foreclosure practices would include as much as $17 billion in mortgage debt forgiveness and loan modifications and take three years to complete, according to a letter describing the deal.
U.S. stocks rose and a gauge of global equities entered a bull market as investors awaited the outcome of negotiations on steps to tame Greece’s debt crisis. The euro and Treasuries were little changed.
Diamond Foods Inc. will restate earnings for the past two years and replace its top two executives after the board found the company booked payments to walnut growers in the wrong periods. The shares plunged.
Euro-area finance ministers are due to hold an emergency meeting in Brussels tomorrow as the Greek government pushes to complete talks on terms of a rescue.
- Fed Says It Sold $6.2 Billion of Bonds From AIG Bailout to Goldman SachsUpdated 2 hours ago
- Facebook Amends IPO Filing to Disclose Details of Zynga Games PartnershipUpdated 13 minutes ago
- Pennsylvania Lawmakers Pass Bill Allowing County Fees on Natural-Gas WellsUpdated 2 hours ago
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08 Feb ' 10:08
12,862.10 -16.08 -0.12% 1,345.94 -1.11 -0.08% 2,906.04 +1.96 2,512.92 -1.20 -0.05% 5,875.93 -14.33 -0.24% 6,748.76 -5.44 -0.08% 1,735.60 -0.73% 1.3269 0.0615% 2,906.04 12,862.10 -0.12% 1,345.94 -0.08% 5,875.93 -0.24% 2,512.92 -0.05% 6,748.76 -0.08% 98.95 +0.55% 1.986% +0.012 
U.S. stocks fell, dragging the Dow Jones Industrial Average down from the highest level since 2008, and the euro fluctuated amid concern negotiators will fail to reach agreement on steps needed to tame Greece’s debt crisis.
The unemployment rate’s unexpected drop to a three-year low has overshadowed a less-positive labor- market development: fewer Americans are looking for work.
John Paulson, the billionaire hedge fund manager who controls the largest stake in Hartford Financial Services Group Inc., told Chief Executive Officer Liam McGee he needs to reverse the insurer’s stock slide.
- Caesars Entertainment Doubles After Completing IPO Smaller Than 2010 TryUpdated 28 minutes ago
- Updated 4 hours ago
- Updated 52 minutes ago
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08 Feb ' 04:58
2,526.95 +12.83 0.51% 5,891.26 +1.00 0.02% 6,797.78 +43.58 0.65% 21,018.50 +319.27 1.54% 1,747.40 -0.06% 1.3275 0.1100% 5,891.26 +0.02% 2,526.95 +0.51% 6,797.78 +0.65% 99.22 +0.82% +0.025 
Greek Prime Minister Lucas Papademos is set to negotiate with leaders of the political parties supporting his caretaker government after he missed another deadline to secure a second aid package.
Stocks climbed, with the MSCI All- Country World Index set to enter a bull market, and commodities extended the longest rally this year as Greek leaders worked on a rescue plan with creditors. Toyota Motor Corp. led automakers higher after raising its profit forecast.
Iran’s nuclear ambitions, Syria’s bloody crackdown and Greece’s potential default are leaving markets unfazed as central bankers take unprecedented steps to prevent the global economy from crumbling.
Deutsche Bank AG, Germany’s largest lender, told employees it will impose a 200,000 euro ($266,000) cap on bonuses paying out this year, said three people with knowledge of the discussions.
- Nokia Shifting Assembly to Asia With Loss of 4,000 Jobs in Europe, MexicoUpdated 22 minutes ago
- Sprint Loss Is Narrower Than Estimated After First Quarter of IPhone SalesUpdated 10 minutes ago
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08 Feb ' 00:18
5,893.30 +3.04 0.05% 9,015.59 +98.07 1.10% 782.34 +9.57 1.24% 21,023.30 +324.14 1.57% 1,751.50 +0.18% 1.3278 0.1333% 5,893.30 +0.05% 99.25 +0.85% 2.000% +0.027 124.00 +2.48% 113.00 -2.59% 
Glencore International Plc’s $41 billion purchase of Xstrata Plc, the biggest takeover in almost three years, may help restore confidence in dealmaking amid evidence global economic turmoil is subsiding.
Asian stocks rallied the most in two weeks after Toyota Motor Corp. raised its profit forecast. European equity futures climbed and the euro touched an eight- week high as Greek leaders worked on a rescue plan with creditors.
Greek Prime Minister Lucas Papademos is set to negotiate with leaders of the political parties supporting his caretaker government after Athens missed another deadline to secure a second aid package.
Federal Reserve Chairman Ben S. Bernanke is holding to his pledge to keep borrowing costs close to zero at least through late 2014 even after unemployment unexpectedly fell to a three-year low.
- Merkel Approval in Germany Climbs to Highest Level Since 2009 Re-ElectionUpdated 26 minutes ago
- Glencore’s $39 Billion Xstrata Takeover Hinges on Winning Super MajorityUpdated 4 hours ago
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07 Feb ' 19:25
8,979.13 +61.61 0.69% 778.23 +5.46 0.71% 20,836.00 +136.85 0.66% 1,749.50 +0.06% 1.3250 -0.0831% 98.82 +0.42% 1.968% +0.065 123.00 +1.65% 114.00 -1.72% 
Asian stocks rose for a third day after Toyota Motor Corp. raised its profit forecast, while the euro traded near an eight-week high as Greek leaders worked on a rescue plan with creditors. The yen weakened against the dollar after Japan’s current-account surplus narrowed.
The fate of Glencore International Plc’s 26 billion pound ($41 billion) offer for Xstrata Plc, already opposed by some shareholders, hinges on a small minority of investors who can block the deal.
Iran’s nuclear ambitions, Syria’s bloody crackdown and Greece’s potential default are leaving markets unfazed as central bankers take unprecedented steps to prevent the global economy from crumbling.
Investors should have 100 percent of investments in equities because of valuations and higher returns than bonds, said Laurence D. Fink, chief executive officer of BlackRock Inc., the world’s largest money manager.
- China Alone Among BRICs in Top Emerging Markets With Thailand Ranked No. 2 Updated 3 hours ago
- Updated 22 minutes ago
- Food Bubble Expanding U.S. Waistlines: Commentary by Vikram Mansharamani Updated 3 hours ago
- Glencore, Xstrata Seal $41 Billion Deal in Two Months After Years of Talks Updated 3 hours ago
- Bank of America’s Merrill Lynch Hires Goldman Sachs Former Partner SinhaUpdated 2 hours ago
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07 Feb ' 15:04
12,878.20 +33.07 0.26% 1,347.05 +2.72 0.20% 2,904.08 +2.09 0.07% 1,748.40 +1.36% 1.3261 0.0062% 2,904.08 +0.07% 12,878.20 +0.26% 1,347.05 +0.20% 98.41 +1.55% 1.973% +0.067 U.S. stocks rose, sending the Dow Jones Industrial Average to the highest level since May 2008, while Treasuries fell and the euro strengthened as Greece’s government made progress on measures to secure international aid. Crude oil led gains in commodities.
Greek Prime Minister Lucas Papademos postponed a meeting with heads of the political parties supporting his caretaker government a second time in as many days as the government and international creditors haggled over terms to secure a second aid package.
Glencore International Plc’s $41 billion purchase of Xstrata Plc, the biggest takeover in almost three years, may help restore confidence in dealmaking amid evidence global economic turmoil is subsiding.
- Caesars Entertainment Is Said to Price IPO at $9 a Share, Middle of RangeUpdated 46 minutes ago
- Bank of America Plaza Sold for $235 Million in Atlanta Foreclosure AuctionUpdated 14 minutes ago
- Updated 3 hours ago
- Argentina to Protest U.K.’s Military Presence Near Falkland Islands to UNUpdated 18 minutes ago
- Google Is Said to Plan Assurances Motorola Patents Will Be Licensed FairlyUpdated 49 minutes ago
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07 Feb ' 10:17
12,884.60 +39.43 0.31% 1,347.12 +2.79 0.21% 2,907.12 +5.13 0.18% 2,514.12 +6.23 0.25% 5,890.26 -1.94 -0.03% 6,754.20 -10.63 -0.16% 1,748.70 +1.38% 1.3257 0.9656% 2,907.12 +0.18% 12,884.60 +0.31% 1,347.12 +0.21% 5,890.26 -0.03% 2,514.12 +0.25% 6,754.20 -0.16% 98.68 +1.83% 1.980% +0.074 
U.S. stocks rose, sending the Dow Jones Industrial Average above its highest closing level since May 2008, while Treasuries fell and the euro strengthened as Greece’s government made progress on measures to secure international aid. Crude oil led gains in commodities.
Greece’s government and international creditors are working on the final draft of an agreement on budget and structural measures needed to free up a second aid package, a Greek official said.
Federal Reserve Chairman Ben S. Bernanke said the 8.3 percent rate of unemployment in January understates weakness in the U.S. labor market.
Hawker Beechcraft Inc., the jet maker partly owned by Goldman Sachs Group Inc., named turnaround specialist Steve Miller as chief executive officer as the company works to avoid breaching debt covenants.
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- Updated 22 minutes ago
- Itau Unibanco Offers $6.8 Billion to Buy Out Redecard’s Minority InvestorsUpdated 2 hours ago
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