reuters
Lehman mulls capital raising as one option
Posted June 3rd, 2008 by California Home LoanNEW 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
Posted June 2nd, 2008 by California Home LoanFRANKFURT (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
Posted May 29th, 2008 by California Home LoanNEW 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
Posted May 29th, 2008 by California Home LoanAsian stocks up on strong U.S. data
Posted May 29th, 2008 by California Home LoanHONG 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
Posted May 28th, 2008 by California Home LoanNEW 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
Posted May 27th, 2008 by California Home LoanNEW 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
Posted May 27th, 2008 by California Home LoanPARIS (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
Posted May 27th, 2008 by California Home LoanSEOUL/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
Posted May 26th, 2008 by California Home LoanPARIS (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).