Stocks nudge higher as investors await word on bank loan repayments; Fiat sticks by ChryslerJune 9th, 2009 Stocks edge higher as investors look to banksNEW YORK — Investors are showing little reaction to word that 10 of nation's largest banks can repay $68 billion in bailout money. Stocks are moderately higher but traders are reacting coolly to the Treasury Department's announcement that the banks, which were not named, will be allowed to repay the money they received from the $700 billion emergency rescue fund created by Congress at the height of the financial crisis in October.
Wall Street heads for higher open as investors await jobs data, retail sales reportsJune 4th, 2009 US stock futures point higher ahead of jobs dataNEW YORK — Stock futures are indicating a higher opening for the U.S. markets as investors await sales reports from retailers and data on the labor market.
Brazilian stocks fall in early trading as investors lock in gains from weekslong advanceMay 9th, 2009 Brazilian stocks fall in early tradingMEXICO CITY — Brazilian stocks are falling as investors lock in gains from weeks of large advances. Sao Paulo's Ibovespa index is down 2.3 percent to 50,315 after the first hour of trading on Thursday.
Treasurys rise along with stocks after government releases April jobs dataMay 9th, 2009 Treasurys rise after April jobs dataNEW YORK — Treasury prices rose Friday after mixed economic data led investors to buy back into government debt. The Labor Department's April jobs report was somewhat reassuring to investors worried about the economy.
Government gives big banks needing capital after stress tests 1 month to develop approved planMay 8th, 2009 Gov't sets June 8 deadline for banks' capital planWASHINGTON — The nation's biggest banks that are found to need more capital after government stress tests will have one month to come up with a plan to raise the additional resources, federal regulators said Wednesday. The government said that after the results of the stress tests are released Thursday, the banks found to need more capital will have until June 8 to get a plan approved by their regulators.
10 big banks need $75 billion in new capital; test results raise tentative hopes for economyMay 8th, 2009 Stress tests find 10 big banks need $75B moreWASHINGTON — The government's long-awaited "stress-test" results have found that 10 of the nation's 19 largest banks need a total of about $75 billion in new capital to withstand losses if the recession worsened. The Federal Reserve's findings, released Thursday, show the financial system, like the overall economy, is healing but not yet healed.
Treasurys show modest moves after 10-year note auction, jump in stocks over 'stress tests'May 8th, 2009 Treasurys inch sideways after auction, stock rallyNEW YORK — Treasury prices were mainly flat Wednesday as a government debt auction drew strong demand but a stock market rally siphoned off investors' dollars. Results from a Treasury Department auction of $22 billion in 10-year notes initially helped prices.
Investors turn cautious after big gains, await bank stress test results, economic dataMay 5th, 2009 Stocks mixed after prior day's big gainsNEW YORK — Caution returned to Wall Street Tuesday ahead of results of the government's stress tests of banks. Stocks were narrowly mixed in early trading following a big advance Monday that sent one key Wall Street indicator, the Standard & Poor's 500 index, into positive territory for the year and the Dow Jones industrials up more than 200 points.
Bank stocks give back some of prior day's big gains, dip ahead of stress test resultsMay 5th, 2009 Bank stocks mostly lower ahead of stress testsNEW YORK — Bank stocks were mostly lower Tuesday as investors took profits ahead of results of the government's stress tests. The KBW Bank Index, which tracks 24 of the nation's largest banks, dipped 1.7 percent after jumping 14.7 percent on Monday.
Warren Buffett says most US banks should not be considered too big to failMay 3rd, 2009 Buffett says most banks are not too big to failOMAHA, Neb. — Billionaire Warren Buffett says most of the banks the U.S.
Details of government 'stress tests' of 19 big financial companiesApril 24th, 2009 Details of 'stress tests' of financial firmsSome details of the government's stress tests of financial companies with at least $100 billion in assets:
— The 19 companies on the list include an insurer, an auto finance company, lending-only institutions, Wall Street banks and big regional banks. — The tests project how the companies will perform over two years under two scenarios.
Stocks rise as Ford results top expectations; investors await details on bank 'stress tests'April 24th, 2009 Ford results lift stocks in early tradingNEW YORK — Stocks rose early Friday after Ford Motor Co.'s better-than-expected quarterly results fanned hopes for the overall economy. The loss at the nation's second-largest automaker was less than expected and the company burned through far less cash during the quarter than in the fourth quarter.
Stocks pull off highs but still climb as investors parse details of bank 'stress tests'April 24th, 2009 Stocks rise but come off highs on 'stress tests'NEW YORK — Initial uncertainty about the government's test for evaluating the fitness of the nation's largest banks sapped some of Wall Street's strength Friday. Stocks pulled off their highs in bumpy trading but major market indexes still rose more than 1 percent.
Stocks futures rise as Ford results top view; investors await details on bank 'stress tests'April 24th, 2009 Stocks point higher as Ford results top viewNEW YORK — Stock futures pointed to a moderately higher open Friday after Ford Motor Co. posted better-than-expected results for the first quarter and said it is burning through less cash.
Stocks open higher as Ford results top view; investors await details on bank 'stress tests'April 24th, 2009 Stocks open higher as Ford results top viewNEW YORK — Stocks are higher after Ford Motor Co.'s better-than-expected results for the first quarter are fanning hopes for the overall economy. The loss at the nation's second-largest automaker was less than expected and the company burned through far less cash during the quarter than in the fourth quarter.