Business - Investing

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  • Global stocks rise as risk favored

    Reuters – 1 hr 1 min ago  
    An employee of a foreign currency brokerage firm puts his hands... Reuters

    LONDON (Reuters) - World stocks ticked higher on Tuesday as positive reports from UK banks kept the momentum with investors who chased risky assets in anticipation countries would keep monetary policy accommodative. Full Story »

  • Oil falls below $79 as Ida drops to tropical storm

    AP – 1 hr 24 mins ago  
    FILE - In this Sept. 9, 2009 file photo, workers weld pipes during... AP

    SINGAPORE - Oil prices fell below $79 a barrel Tuesday in Asia as a storm threatening oil installations in the Gulf of Mexico weakened and investors eyed a volatile dollar. Full Story »

  • Feds seize assets of Fla. lawyer in Ponzi probe

    AP – Mon Nov 9, 10:34 pm ET  

    FORT LAUDERDALE, Fla. - Federal prosecutors accused a high-profile South Florida attorney of concocting a Ponzi scheme that lured millions of dollars from investors with promises of big payoffs from legal settlements that never existed, according to court documents filed Monday. Full Story »

  • World - Monday

    Investor's Business Daily – Mon Nov 9, 7:12 pm ET  

    The White House called on Iran to release 3 Americans being held on accusations of espionage, saying they were hiking near the Iraq border and are innocent. Earlier Mon., a top Iranian prosecutor accused them of espionage, the first signal that Tehran intends to put them on trial. Iran may be using them as bargaining chips over stalled talks over its nuclear program. Full Story »

  • Nation - Monday

    Investor's Business Daily – Mon Nov 9, 7:11 pm ET  

    Maj. Nidal Malik Hasan, accused of opening fire at Fort Hood on Nov. 5, killing 13 people and wounding 29 before civilian police shot him, is awake and able to talk. But his attorney, a retired colonel, said he's heading to San Antonio to meet his client and has asked investigators not to question Hasan. Full Story »

  • Economy - Monday

    Investor's Business Daily – Mon Nov 9, 7:11 pm ET  

    The Conference Board's Employment Trends Index rose 0.6 point 14 Oct. to 89.3, signaling companies will likely start hiring in early '10. The index "has likely turned a corner," said Gad Levanon, the board's senior economist. "We still expect to see employers adding hours to their existing work force before hiring will strongly increase." Full Story »

  • Dow jumps 204 to high for year as dollar slumps

    AP – Mon Nov 9, 6:21 pm ET  
    FILE - In this Sept. 25, 2008 file photo, a Wall St. street sign... AP

    NEW YORK - The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for gold, oil and other commodities. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. Full Story »

  • Resurrected Teen Apparel Retailer Tries To Buck Industry Trends

    Investor's Business Daily – Mon Nov 9, 6:12 pm ET  

    What do IPO investors and "Twilight" fans have in common? For one thing, they both thrive on anticipation. And as teenage girls everywhere count the days till the Nov. 20 release of the latest film in the vampire saga, they'll have something else in common: Rue21. Full Story »

  • Investor's Corner: Seek Strong Quarter, Annual EPS Growth

    Investor's Business Daily – Mon Nov 9, 6:09 pm ET  

    When a company grows its business and delivers explosive profit gains, its stock is more likely to rise. Full Story »

  • How the major stock indexes fared on Monday

    AP – Mon Nov 9, 4:56 pm ET  

    The Dow Jones industrial average stormed to its highest level in more than a year Monday as a falling dollar boosted prices for commodities including gold and oil. Stocks also jumped as investors grew more confident that governments around the world will keep interest rates low to help the global economy. Energy and materials stocks led the market. Full Story »

  • On the Call: Dish Network CEO Charles Ergen

    AP – Mon Nov 9, 4:46 pm ET  

    Dish Network Corp. delighted investors Monday by declaring a special dividend of $2 per share, even as its third-quarter results failed to impress Wall Street. Full Story »

  • NY jurors deliberate at hedge fund trial

    AP – Mon Nov 9, 3:17 pm ET  
    FILE - In this Oct. 14, 2009, file photo, former Bear Stearns... AP

    NEW YORK - A jury began deliberations Monday at the trial of two former Bear Stearns hedge fund managers charged with lying to investors. Full Story »

  • Sprint, Clearwire rise on report of new investment

    AP – Mon Nov 9, 2:17 pm ET  

    NEW YORK - Shares of Sprint Nextel Corp. and Clearwire Corp. gained Monday after a published report suggesting Sprint and its partner investors will put at least another $1.5 billion into Clearwire. Full Story »

  • Dish gains subscribers, sets special dividend

    Reuters – Mon Nov 9, 12:28 pm ET  
    The Dish Network logo on the side of installers truck is seen... Reuters

    NEW YORK (Reuters) - Dish Network Corp, the No. 2 U.S. satellite TV provider, beat Wall Street forecasts by posting a gain of 241,000 subscribers in the third quarter and surprised investors with a plan to pay shareholders a special dividend of $2 a share. Full Story »

  • GM CEO Henderson in Germany discussing Opel future

    AP – Mon Nov 9, 4:28 pm ET  

    FRANKFURT - The chief executive of General Motors Co. met with leaders of its Opel unit on Monday to discuss the European subsidiary's automaker's future, a week after GM abruptly decided to keep it instead of selling a majority stake. Full Story »

  • European stocks rally awaiting Kraft 'bid'

    AFP – Mon Nov 9, 7:50 am ET  
    European stock markets rose sharply on Monday as insurers rallied,... AFP/File

    LONDON (AFP) - European stock markets rose sharply on Monday as insurers rallied, while investors waited to see whether Kraft Foods would launch a hostile takeover bid for British confectioner Cadbury. Full Story »

  • Dow hits 2009 high

    Reuters – Mon Nov 9, 4:30 pm ET  
    Traders work on the floor of the New York Stock Exchange November... Reuters

    NEW YORK (Reuters) - A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire for risk. Full Story »

  • World markets get G-20 boost while dollar slides

    AP – Mon Nov 9, 1:00 pm ET  
    Traders work on the floor of the New York Stock Exchange, November... Reuters

    LONDON - World stock markets rose sharply Monday but the dollar fell after the Group of 20 rich and developing countries agreed to maintain their stimulus measures as long as economies remained weak. Full Story »

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