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| Archive: Feb 16, 2010 |
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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. See All Top Stories >> |
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... See All Overnight Stocks >> |
Ups & Downs See All Ups & Downs >> |

“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 >>