reuters

Lehman mulls capital raising as one option

NEW YORK (Reuters) - Lehman Brothers Holdings Inc (LEH.N) has no need to raise capital and would only do so if the right market opportunity presented itself or if the firm thought it would help investor perceptions, a source familiar with the situation said on Tuesday.

Wall Street stock index futures fall; ISM in focus

FRANKFURT (Reuters) - Futures contracts on leading U.S. stock market indexes were down around 0.5 percent before the start of Wall Street trading on Monday, ahead of the release of the ISM survey of manufacturing activity for May.

Stocks rise on oil's retreat, GDP revision

NEW YORK (Reuters) - Wall Street stocks rose on Thursday as a swift drop in oil soothed inflation fears, while an upward revision in a broad measure of U.S. economic growth suggested a recession may be avoided.

Consulting firms see gains from economy's woes

BANGALORE (Reuters) - As the nearly year-old credit crisis threatens to send the U.S. economy into a recession, a group of small- and medium-sized consulting firms see opportunity in other companies' troubles.

Asian stocks up on strong U.S. data

HONG KONG (Reuters) - Asian stocks rose broadly, with Japanese shares posting their biggest increase in a month, and government bond prices fell on Thursday after a monthly gauge of U.S. business spending rose to its highest this year.

Stocks buoyed by signs of business investment

NEW YORK (Reuters) - U.S. stocks rose on Wednesday as a report pointing to stronger business spending boosted shares of blue-chip computer firms and heavy equipment makers, overshadowing the latest signs of turmoil in the financial sector.

Tech jump, oil drop lifts stocks; AMR skids late

NEW YORK (Reuters) - Stocks rose on Tuesday, led by Apple Inc (AAPL.O) and other technology bellwethers, as investors bet that a sharp drop in oil prices will help shore up consumer and business spending.

SocGen chairman booed over Kerviel affair

PARIS (Reuters) - Angry shareholders booed the chairman of Societe Generale (SOGN.PA) on Tuesday and likened the French bank to a "casino" after it fell victim to the world's biggest rogue trading scandal.

Asia central banks prop up currencies

SEOUL/SINGAPORE (Reuters) - Asian central banks moved to prop up falling currencies on Tuesday to help prevent surging oil prices from stoking inflation in economies bracing for a global slowdown.

SEC probing main credit rating agencies

PARIS (Reuters) - The U.S. Securities & Exchange Commission (SEC) is looking into the workings of the three main credit rating agencies, prompted by their handling of the subprime crisis and a report of computer errors at Moody's (MCO.N).

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