| Dollar lower on US, Italian data THE dollar opened lower today after poor US and Italian economic data weakened investor sentiment for risk. news.com.au |
Stocks Close Higher For 4th Session; Banks Gain [at CNBC] - Stocks closed higher for the fourth straight session Friday after a better-than-expected jobs report gave investors another reason to think the U.S. economy is beginning to turn around. us.rd.yahoo.com |
Jobs and Bonuses Worry Wall Street Many banks and investment firms have been earning less revenue, which could lead to lower bonuses and layoffs in the financial industry. nytimes.com |
Abu Dhabi Fund Hedges Barclays Stake The investment fund of Sheikh Mansour bin Zayed al Nahyan of Abu Dhabi has decided to hedge its investment in Barclays against any potential drop in the value of the British bank. nytimes.com |
CSX earnings lead industrial stocks higher CSX CSX, the railroad operator, led gains in the S&P 500 index after it reported strong third quarter earnings as it shipped more autos in the US. The shares gained 4.7 per cent to $59.87, their highest since the collapse of Lehman Brothers LEH in September 2008. us.rd.yahoo.com |