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May 18, 2012 9:47 AM EDT
Debates

The debates have started in earnest. The headline debate was that of President Obama and the Democrats debating with the Republicans over healthcare reform. That summit overshadowed the Senate’s Finance Committee debate with Fed Chairman Bernanke. However, for investors, it didn’t overshadow the debate between Greece and Standard and Poor’s over their debt ranking, the EU, Germany, and its own unions. Greece remains the poster-child of PIIGS (Po... full story >>


Top Stories

Bond Report: Treasury yields rise from record low

Treasury prices fall, pushing 10-year yields up from their lowest level in history, as traders take a breather after a nine-week rally. They await comments from global officials at the weekend’s Group of Eight meeting.



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.





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Overnight Stocks

AAPL +/- Apple Inc.'s CEO Steve Jobs said he prefers holding on to the co.’s cash hoard for potential acquisitions and “bold” investments, rather than paying dividends or buying back stock. “We know if we need to acquire something -- a piece of t...


WMT + Wal-Mart, the nation’s largest retailer, announced on Thurs. that it would cut some 20M metric tons of greenhouse gas emissions from its supply chain by the end of 2015, the equivalent of removing more than 3.8M cars from the road for a ...


HNZ +/- The food maker H. J. Heinz Company said rising sales in Asia’s emerging markets helped its Q3 revenue rise 13%. But the cost of selling frozen-food businesses in the U.S. and Britain cut into its profit, which fell 6%. HNZ benefited as c...


GS - Goldman Sachs' role in masking Greece's real debt burden is to be investigated by the U.S. Federal Reserve and the SEC. Ben Bernanke, chairman of the central bank, confirmed that Goldman Sachs and a number of other unnamed banks are the ...


LYV +/- Live Nation Entertainment Inc. said it expects profits to be flat in 2010, disappointing some analysts who expected the co. formed by the merger of TicketMaster TKTM and LYV to ride a rebound in the global concert and music business. Ana...




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