Member 483


Wall Street up on FedEx and June new home sales (Reuters)

27-07-2010 00h00
Reuters - A brighter outlook from FedEx Corp and a pickup in sales of new homes sent U.S. stocks higher on Monday, building on the best three-week period for the S&P 500 Index in a year.

BP's Hayward set to step aside for Dudley (Reuters)

26-07-2010 22h29
Reuters - BP Plc is expected to install an American troubleshooter as chief executive in the next 24 hours, replacing Tony Hayward, who has come under fire for his handling of the worst oil spill in U.S. history.

Home sales surge in June (Reuters)

26-07-2010 23h42
Reuters - Sales of new U.S. single-family homes rebounded strongly in June from the prior month's record low, driving the number of houses on the market to its lowest level in nearly 42 years.

FedEx increases outlooks (Reuters)

26-07-2010 23h13
Reuters - FedEx Corp raised its quarterly and full-year forecasts on Monday, citing strong volume growth, and its shares rose nearly 5 percent.

EU banks could seek 25 billion euros in capital top-up (Reuters)

26-07-2010 23h15
Reuters - European banks who only just scraped through a health check could look for over 25 billion euros in new capital, while Spain's smaller lenders set out to reassure investors on Monday that they too can raise funds.

Summary Box: Treasury yields rise on bank tests (AP)

24-07-2010 06h55
AP - STRESS TESTS: Stock markets rallied after European regulators said only a handful of banks failed "stress tests."

US' Geithner rejects fears of double dip recession (AFP)

26-07-2010 04h06
AFP - US Treasury Secretary Timothy Geithner dismissed fears of a double dip recession in an interview aired Sunday, but warned of a slow US recovery with the economy only gradually gaining strength.
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