viernes, 25 de diciembre de 2009

Business Today: Data lifts stocks to 2009 highs on Christmas Eve

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Good Morning Aron, FRI 25 Dec 2009 
 
Data lifts stocks to 2009 highs on Christmas Eve
Government probes banks on sale of risky securities: report
Durable orders up, jobless claims at 15-month low
Geely will keep Volvo running as is: report
Japan drafts record budget as PM battles scandal
U.S. banks fight plan to share information abroad
Treasury uncaps credit line for Fannie, Freddie
Saab deal hopes fade, GM presses on with wind down
Regulator approves millions for Fannie, Freddie execs
Asian shares soft in holiday trade, dollar steady


Data lifts stocks to 2009 highs on Christmas Eve
December 24, 2009 02:33 PM ET
NEW YORK (Reuters) - U.S. stocks rallied in a brief pre-holiday session on Thursday, closing at 2009 highs, after data showing a drop in initial jobless claims and growth in durable goods orders suggested an economic recovery was picking up steam.

Full Article
Government probes banks on sale of risky securities: report
December 24, 2009 02:04 PM ET
BANGALORE (Reuters) - U.S. regulators and legislators are investigating whether Wall Street investment banks deliberately sold risky structured securities to clients, and then bet on the securities failing, The New York Times reported on Wednesday.

Full Article
Durable orders up, jobless claims at 15-month low
December 24, 2009 02:57 PM ET
WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods, excluding transportation items, surged in November and new applications for jobless aid hit the lowest level in 15 months last week, pointing to a firmly entrenched economic recovery.

Full Article
Geely will keep Volvo running as is: report
December 25, 2009 05:05 AM ET
BEIJING (Reuters) - China's Geely would barely lay a finger on Ford Motor Co's Volvo if it succeeds in acquiring the Swedish luxury car brand, the firm's top executive was quoted by state media as saying on Friday.

Full Article
Japan drafts record budget as PM battles scandal
December 25, 2009 05:14 AM ET
TOKYO (Reuters) - Japan approved on Friday a record budget for next year that will inflate the country's already huge debt by $484 billion, as the prime minister vowed to battle on in the face of a growing scandal and sliding poll ratings.

Full Article
U.S. banks fight plan to share information abroad
December 24, 2009 03:50 PM ET
WASHINGTON (Reuters) - A U.S. financial crime agency's plan to let foreign police seek information from American banks is drawing opposition from groups representing U.S. financial institutions.

Full Article
Treasury uncaps credit line for Fannie, Freddie
December 24, 2009 05:11 PM ET
WASHINGTON (Reuters) - The Obama administration pledged on Thursday to back beleaguered mortgage finance giants Fannie Mae and Freddie Mac no matter how big their losses may be in the next three years.

Full Article
Saab deal hopes fade, GM presses on with wind down
December 24, 2009 01:44 PM ET
DETROIT/AMSTERDAM (Reuters) - General Motors Co is pressing ahead with plans to shut down Saab as chances of a deal to sell the Swedish brand to Dutch sports car builder Spyker Cars remain remote, a person familiar with the planning said on Thursday.

Full Article
Regulator approves millions for Fannie, Freddie execs
December 24, 2009 02:20 PM ET
WASHINGTON (Reuters) - The top U.S. housing regulator said on Thursday it approved 2009 pay packages of up to $6 million each for the chief executives of government-controlled mortgage giants Fannie Mae and Freddie Mac.

Full Article
Asian shares soft in holiday trade, dollar steady
December 25, 2009 02:09 AM ET
TOKYO (Reuters) - Shares in Tokyo slipped on Friday as investors took profits in trade thinned by the Christmas break in many other markets, while Shanghai fell and the dollar hung near its highs of the month after goods and jobless claims data.

Full Article
 
 











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