Stock Markets News

Easing concerns about debt problems overseas and a $29 billion takeover deal by Exxon Mobil Corp. nudged major stock indexes to new highs for the year. The market climbed Monday after the Middle Eastern city-state of Abu Dhabi extended $10 billion to nearby Dubai to help the emirate make debt payments. Meanwhile, Exxon Mobil said it would acquire XTO Energy Inc. Full Story »

NEW YORK - The Nasdaq Stock Market on Monday said it will delist the stocks of three small companies: Teton Energy Corp., Altus Pharmaceuticals Inc., and UCBH Holdings Inc. Full Story »

NEW YORK - Easing concerns about debt problems overseas and a $29 billion takeover deal by Exxon Mobil Corp. nudged major stock indexes to new highs for the year. Full Story »

NEW YORK - The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: Full Story »

TORONTO (Reuters) - Toronto's main stock index rose to a one-week high on Monday as a takeover by Exxon Mobil raised optimism about energy sector acquisitions, while an Abu Dhabi aid package for Dubai helped spark financials. Full Story »

NEW YORK (Reuters) - Stocks closed at 14-month highs on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions activity. Full Story »

SAN FRANCISCO - Shares of Harmonic Inc., a provider of broadcast and video delivery systems, rose Monday after a CL King analyst upgraded the stock, citing positive factors including rising orders in India and China. Full Story »

A look at economic developments and activity in major stock markets around the world Monday: Full Story »

LONDON (AFP) - The FTSE 100 index built on last week's gains after news that oil-rich Abu Dhabi would help bail out neighbouring Dubai and a move by US banking giant Citigroup to exit a US government bailout. Full Story »

LONDON - World markets mostly rose Monday after Dubai said it had received $10 billion in emergency funds from its oil-rich neighbor Abu Dhabi, helping to ease investor fears that the emirate will default on its debt. Full Story »

LONDON (AFP) - World stock markets mostly rallied on Monday after troubled Dubai received a 10-billion-dollar (6.8-billion-euro) bailout from oil-rich Abu Dhabi, analysts said. Full Story »

LONDON (AFP) - London shares rallied at the start of trade on Monday after Abu Dhabi stepped in to shore up the struggling Dubai World conglomerate. Full Story »

DUBAI (Reuters) - Abu Dhabi bailed out neighboring Dubai on Monday with $10 billion in surprise aid for debt-laden Dubai World, driving stock markets higher, but Dubai said creditors still needed to approve a standstill on outstanding debt. Full Story »

WASHINGTON (Reuters) - A $447 billion bill that would boost financial oversight and high-speed rail, encourage needle exchanges for drug addicts, and advance other Democratic priorities won final U.S. congressional approval on Sunday. Full Story »

CHARLOTTE, N.C. - Investors expect the Federal Reserve to keep a key interest rate at a historic low level. Why? Because Fed Chairman Ben Bernanke said so. Full Story »

NEW YORK (AFP) - Some on Wall Street believe a Santa Claus rally will deliver more gains in the final weeks of the year, while others are playing it cautious until an upcoming Federal Reserve meeting is over. Full Story »

WASHINGTON (Reuters) - Securities regulators are looking at what Bank of America disclosed to shareholders as it was acquiring Merrill Lynch, including the investment bank's mounting fourth-quarter losses that eventually topped $15 billion. Full Story »

WASHINGTON - The Securities and Exchange Commission has expanded its probe of Bank of America to include the bank's possible failure to disclose mounting losses at Merrill Lynch, a top agency official said Friday. Full Story »