Nasdaq vaults to 11-year high on surge in jobs
(Reuters)
Fri, 03 Feb 2012 21:42:37 GMT
Reuters - A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery. |
Jobless rate at 3-year low as payrolls surge
(Reuters)
Fri, 03 Feb 2012 22:14:26 GMT
Reuters - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama. |
Analysis: Stock-picking makes a comeback as macro tides fade
(Reuters)
Fri, 03 Feb 2012 19:44:58 GMT
Reuters - Stock-picking once again matters on Wall Street. |
New York sues banks over electronic mortgage system
(Reuters)
Fri, 03 Feb 2012 22:54:10 GMT
Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. |
Wall Street analysts struggle to predict Apple
(Reuters)
Fri, 03 Feb 2012 22:50:57 GMT
Reuters - Leitao is part of a cadre of amateur forecasters, bloggers and hobbyists who sift through reams of data every quarter to guess at Apple's quarterly results - often putting professional analysts to shame by coming up with more accurate predictions. |
A list of notable IPOs on the Nasdaq and NYSE
(AP)
Thu, 02 Feb 2012 22:22:13 GMT
AP - Some recent high-profile stock offerings on the New York Stock Exchange and Nasdaq: |
U.S. Companies 'Yammer' for a Productivity Revolution
(ContributorNetwork)
Fri, 03 Feb 2012 18:58:31 GMT
ContributorNetwork - SAN FRANCISCO -- In a pleasant surprise, the Department of Labor has reported an another increase in total nonfarm employment. The U.S. added 243,000 jobs in January, ticking the unemployment rate to 8.3 percent. |
Aon Q4 profit rises, but margin pressures persist
(Reuters)
Fri, 03 Feb 2012 15:54:58 GMT
Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter. |
Greek debt talks to stretch into weekend
(AP)
Fri, 03 Feb 2012 23:55:39 GMT
AP - "Crucial" issues remain to be resolved in Greece's critical negotiations over a second multibillion euro international bailout, and talks would continue into the weekend, the country's Finance Minister said early Saturday. |
NY's Schneiderman sues banks in foreclosure effort
(AP)
Fri, 03 Feb 2012 18:35:37 GMT
AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures. |
Hackers attack Greek Justice Ministry website
(AP)
Fri, 03 Feb 2012 19:28:42 GMT
AP - Hackers have attacked the Greek Justice Ministry website to protest the government's signing of a global copyright treaty and its handling of the financial crisis. |
Euro zone sales tumble at Christmas, no sign of growth
(Reuters)
Fri, 03 Feb 2012 11:38:05 GMT
Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy. |
Romney focuses on Obama, Gingrich on Romney in NV
(AP)
Fri, 03 Feb 2012 23:35:33 GMT
AP - A confident Mitt Romney accused President Barack Obama of failing to do enough to create jobs as he campaigned Friday ahead of GOP presidential caucuses this weekend in a state with sky-high unemployment and foreclosure rates. Newt Gingrich, who is fighting for a respectable showing here, rolled out a fresh line of criticism by comparing the former Massachusetts governor to Obama. |
Canadian PM to visit China next week
(AP)
Sat, 04 Feb 2012 00:16:50 GMT
AP - Canada's prime minister heads to China next week where he'll discuss Canada's vast oil reserves in a visit that's being viewed as an "open warning" to the United States, which rejected a pipeline from Canada to Texas. |
Arizona Senate approves motion picture tax credit
(AP)
Fri, 03 Feb 2012 15:42:35 GMT
AP - The Arizona Senate has approved a bill creating a tax credit for motion picture production in the state. |
Detroit automakers say 'no' to Japan joining trade talks
(Reuters)
Fri, 03 Feb 2012 17:30:24 GMT
Reuters - Detroit automakers are urging President Barack Obama to reject Japan's bid to join talks on a regional free trade agreement, the head of an automotive group representing GM, Ford and Chrysler said on Thursday. |
