Yahoo! News: Stock Markets News
Stock Markets News
Wealthy Dallas brothers become SEC fraud target
(AP)
30 Jul 2010 at 7:31pm
AP - Brothers Charles and Sam Wyly, born a year apart during the Great Depression, almost always have been joined at the hip.
Stocks are mixed but had best month since July '09
(AP)
30 Jul 2010 at 3:01pm
AP - WHAT A MONTH: The Dow Jones industrial average and Standard & Poor's had their best month since July 2009 and their first winning month since this past April. Strong earnings were behind the big gains.
Stocks end July with big gain; Dow gains 7.1 pct
(AP)
30 Jul 2010 at 2:48pm
AP - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a year.
Jobs data, earnings latest test for stocks
(Reuters)
30 Jul 2010 at 2:46pm
Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
How the major stock indexes fared on Friday
(AP)
30 Jul 2010 at 2:03pm
AP - Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish.
Wall Street marks best month in a year in July
(Reuters)
30 Jul 2010 at 1:45pm
Reuters - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.
FTSE ends lower on US growth data
(AFP)
30 Jul 2010 at 9:38am
AFP - Leading shares in London slipped lower on Friday after weaker-than-expected US growth figures stirred concern about the strength of the economic recovery, dealers said.
Mutual Fund Buzz for July 30: Investors Still Favor Bond Funds
(U.S. New...
30 Jul 2010 at 9:30am
U.S. News & World Report - Investors still trust the safety of bond funds. June was another good month for fixed income. The Investment Company Institute reported that overall, mutual funds saw net inflows, mostly into bond funds. Bond funds experienced inflows of more than $20 billion--up about $6 billion from May. Meanwhile, stock funds saw more outflows. The WSJ reports that investors haven't consistently put money into stock funds since the market hit its low in March 2009. Low-yielding money market funds also continued to see outflows, which brings their total outflows for the year to more than $500 billion.
Subdued US growth weighs on world markets
(AP)
30 Jul 2010 at 6:59am
AP - European and U.S. stock markets dropped sharply Friday after figures showed the U.S. economy slowed faster than expected in the second quarter, further eroding confidence in the recovery in the world's largest economy.
European stocks falter before US output data
(AFP)
30 Jul 2010 at 3:49am
AFP - Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data.
SEC accuses Dallas investors of insider trading
(AP)
29 Jul 2010 at 8:02pm
AP - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday.
Citigroup to pay $75 million to settle SEC charges
(Reuters)
29 Jul 2010 at 6:46pm
Reuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
Citigroup paying $75M to settle civil charges
(AP)
29 Jul 2010 at 5:50pm
AP - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
SEC charges Wyly brothers with $550 million fraud
(Reuters)
29 Jul 2010 at 4:52pm
Reuters - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.
A look at global economic developments
(AP)
29 Jul 2010 at 1:53pm
AP - A look at economic developments and activity in major stock markets around the world Thursday:
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