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Dow Nears 11,000 As Jobs, Energy Gain

Dow Nears 11,000 As Jobs, Energy Gain

Reaction to last week's employment report translates into stock market gains as service sector, real estate also report upbeat news.

 

Treasury set to sell Citi shares

Treasury set to sell Citi shares

The Treasury Department said Monday it will begin selling the stake it owns in Citigroup Inc., which could result in a profit to the government of about $7.5 billion. Government received 7.7B shares in exchange for $25B it gave the banking firm during credit crisis.

 

U.S. Stocks Open Higher

U.S. stocks opened higher, led by the material and energy sectors following the report of a small increase in personal spending and benign inflation.

 

Investors upbeat about health care bill

There were more winners than losers on Wall Street on the first trading day after the landmark health care bill was passed by ...

 

Toyota shareholders sue over stock price drop

Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming ...

 

Greenberg sells AIG stock to UBS for $278 million

The former chief executive of American International Group Inc, Maurice "Hank" Greenberg, reached a deal to sell most of the shares he holds in the insurer to a unit of Swiss bank UBS.

 

Markets at Highs Not Seen Since 2008

Markets at Highs Not Seen Since 2008

The stock market continued its advance of the past month after the Fed said it would keep interest rates low to revive the economy.

 

Americans' wealth up for 3rd straight quarter

Americans regained more of their shrunken wealth last quarter, mainly because the economy boosted stock portfolios.

 

Yippee For Yahoo!

Yippee For Yahoo!

This morning, JMP Securities upgraded shares of Yahoo! from market perform to outperform citing its new deal with Microsoft. The firm sees their search partnership helping drive better results for Yahoo! in the coming quarters. With the upgrade, JMP set a price target of $21 per share.

 

Jobs Report Gives U.S. Stocks a Boost

U.S. stocks rose broadly, with investors encouraged by a government report that job losses were less than expected in February.

 

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