Daily News Alert | Sunday, January 2, 2011 12:00 AM PST |
Hangover or afterparty for stocks?
Sat, 1 Jan 2011 05:27 am PST
 Reuters - A bout of profit taking seems likely early next year after the S&P 500 ended its best December in almost two decades, but stocks may have further to run at the start of 2011. Full Story | Top |
Indexes end strong year and month with quiet day
Fri, 31 Dec 2010 01:29 pm PST
 Reuters - U.S. stocks closed out a year of double-digit gains and the S&P's best December since 1991 with a quiet and little changed session on Friday as investors found no reason to make big bets ahead of the new year. Full Story | Top |
United loses arbitration in regional jet dispute
Fri, 31 Dec 2010 11:48 am PST
Reuters - An arbitrator ruled that United Continental Holdings cannot use Continental's codes for 70-seat jets operated by its regional partners since a labor contract requires them to be flown by Continental pilots. Full Story | Top |
Global stock fund inflows gain, bonds slow: source
Fri, 31 Dec 2010 11:46 am PST
Reuters - Money flows to global equity and other stock funds accelerated during the fourth quarter, signaling a possible twist in 2011 from the record investments made in bond portfolios over the last year, according to a report published by EPFR Global on Friday. Full Story | Top |
Nunavut Iron ups bid in battle for Baffinland
Sat, 1 Jan 2011 07:45 am PST
Reuters - Nunavut Iron hiked its bid for Baffinland Iron Mines (BIM.TO) late on Friday, refusing to back down in a fight with steel giant ArcelorMittal (ISPA.AS) for control of the junior miner and its vast undeveloped iron ore deposit in Canada's Arctic. Full Story | Top |
Summary Box: Stocks dip as 2010 nears end
Thu, 30 Dec 2010 02:12 pm PST
 AP - TAX TIME: Stocks dipped Thursday as investors locked in their positions at the end of the year. Many investors were selling stocks or funds that have lost money in order to reap the tax benefits. Full Story | Top |
Estonia joins crisis-hit euro club
Sat, 1 Jan 2011 05:13 am PST
 Reuters - Estonia joined the euro zone as its newest member Saturday, but the currency club's deepening crisis is likely to put off bigger eastern European entrants from joining for up to a decade. Full Story | Top |
Oil falls below $90 amid light year-end trading
Fri, 31 Dec 2010 08:11 am PST
AP - Oil prices slipped further below $90 a barrel Friday as investors took profits amid light year-end trading volume. Despite the fall, oil prices are set to end the year around 12 percent higher than where they started — a clear signal that the global economy has returned to growth following the worst recession since World War II . Full Story | Top |
Blizzard delays $1 billion in holiday sales
Wed, 29 Dec 2010 06:35 pm PST
 Reuters - A blizzard in the Northeast this weekend postponed about $1 billion in holiday retail sales by keeping shoppers out of stores in the days after Christmas, research firm ShopperTrak said on Wednesday. Full Story | Top |
GM's turnaround now fully in Akerson's hands
Sat, 1 Jan 2011 09:32 am PST
 AFP - The future of General Motors is now firmly in the hands of Dan Akerson, who on Saturday expanded his role to become both chairman and chief executive officer of the iconic American carmaker. Full Story | Top |
Canadians Spend Like Crazy Americans
Fri, 31 Dec 2010 05:08 am PST
BusinessWeek - Spendthrift Canada? Many Americans would find that hard to believe. Throughout the subprime crisis that rocked the U.S., Canada's economy and banking industry remained rock solid. Full Story | Top |
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