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→  January 7, 2012

Fri Jan 6, 2012 8:09pm EST *By Rodrigo Campos NEW YORK (Reuters) – Stocks rose in the first week of 2012, even though news that the U.S. jobless rate neared a three-year low did not whet interest in equities on Friday. The U.S. market came into the new year revisiting familiar themes, with signs the […]

Wall Street flat as market brushes off Europe concerns →  January 5, 2012

NEW YORK (Reuters) – Major U.S. stock indexes were little changed in a low-volume session on Wednesday, but some investors were encouraged to see equities avoid a sell-off amid lingering euro zone’s debt problems. Indexes held on to the previous day’s large gains even as the euro dropped sharply against the dollar. Notably, U.S. banks […]

New Italian, Greek governments race to limit damage →  November 14, 2011

By Philip Pullella and Harry Papachristou ROME/ATHENS | Mon Nov 14, 2011 1:05am EST ROME/ATHENS (Reuters) – Technocrat leaders in Italy and Greece rushing to form governments will face a critical test of their ability to limit the damage from the euro zone debt crisis when financial markets open in Europe on Monday.   Italy’s […]

Olympus admits acquisitions used to hide investment losses →  November 8, 2011

By Nathan Layne and Isabel Reynolds TOKYO | Mon Nov 7, 2011 11:38pm EST TOKYO (Reuters) – Japan’s Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company’s share […]

Greek about face on vote, ECB rate cut boost shares →  November 4, 2011

By Caroline Valetkevitch NEW YORK | Thu Nov 3, 2011 10:23pm EDT NEW YORK (Reuters) – Stocks rallied for a second day on Thursday as Greece backed away from a proposed referendum that threatened its membership in the euro, which could destabilize global markets.   News out of Europe has kept investors on pins and […]

Wall St. on edge over Greece but Bernanke soothes →  November 2, 2011

By Edward Krudy NEW YORK | Wed Nov 2, 2011 5:41pm EDT NEW YORK (Reuters) – Stocks rebounded from two days of sharp losses on Wednesday after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to Europe’s debt crisis. Trading volume […]

Wall Street racks up second week of gains →  October 15, 2011

By Caroline Valetkevitch NEW YORK | Fri Oct 14, 2011 7:58pm EDT NEW YORK (Reuters) – Stocks scored their first back-to-back weekly gains since early July on Friday, on strong Google (GOOG.O) earnings and as investors kept riding the optimism for a solution to the euro zone’s debt crisis.   The gains put the Dow […]