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May 18, 2012 9:19 AM EDT
Lest You Forgot

“Debt” looks like it will be the running theme for 2010. Just after mid-January, Greece’s debt woes, and by extension the debt problems of the EU members, became the catalyst for the market’s unraveling. It wasn’t so much full story >>


Top Stories

Al Lewis: Tax man makes it hard to be an American

Peter Dunn renounced his U.S. citizenship last year so he no longer would have to deal with the Internal Revenue Service, Al Lewis reports.



NewsWatch: Stock futures up ahead of Facebook debut

U.S. stock index futures shake off European worries to post modest gains as investors await Facebook’s much-publicized initial public offering.



Indications: Stock futures up ahead of Facebook debut

U.S. stock index futures shake off European worries to post modest gains as investors await Facebook’s much-publicized initial public offering.



Europe Markets: Europe stocks choppy on Europe, China worries

Europe stocks traded choppy with losses for miners and drinks makers, while banks rebounded from earlier losses related to a downgrade of Spanish banks by Moody’s Investors Service late the prior day, amid talk of a ban on short selling of those institutions.





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Overnight Stocks

HBC +/- HSBC, the global bank that has been praised for its handling of the financial crisis, has clashed with shareholders over a proposed pay rise for its executive team. Investors are understood to be particularly unhappy with the sum that HBC


YRAIF, TRA + Norway's Yara International ASA announced plans to acquire U.S. fertilizer producer Terra Industries in a $4.1B agreed cash deal that comes amid a scramble for global agribusiness assets. The acquisitive YRAIF, which plans to f...


TV + Mexican media giant Grupo Televisa has acquired a 30% stake in Nextel Mexico for $1.44B, a move that allows TV to partner with a wireless carrier to bid for new wireless spectrum up for auction later this year. TV will be granted an opti...


Bank of England +/-  The Bank of England's Monetary Policy Committee expects the 3.5% Jan. rise in annual U.K. consumer inflation to be a "temporary deviation" from the 2% target, BOE Governor Mervyn King told Chancellor of the Exchequer Alis...


TM + Toyota Motor Corp. announced it is considering ways to bolster procedures for checking the quality and reliability of cars and to do more to publicize incremental changes to cars already on the market.  TM  is aiming to an...




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Ups & Downs

ASF  
ROTH 
DOWN  
BSX  
DBAB 
DOWN  
DF  
DBAB 
DOWN  
ELON  
PIPR 
DOWN  
MT  
DRCO 
DOWN  
ABAX  
RHCO 
UP  
ABB  
DBAB 
UP  
ALXA  
WBBS 
UP  
ANF  
OPCO 
UP  
CAH  
OPCO 
UP  


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