Tag: america

Making the Case for Wall Street

| February 26, 2013

The first thing that strikes you when you re-read the “Declaration” issued in autumn 2011 by the Occupy protestors assembled in Zuccotti Park in downtown Manhattan is how little of it actually relates to Wall Street.

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North America Continues Bottoming as International Oil Producers Increase Demand for Equipment and Services

| February 25, 2013

67 WALL STREET, New York – February 25, 2013 – The Wall Street Transcript has just published its Oil & Gas: Drilling Equipment and Services Report offering a timely review of the sector to serious investors and industry executives.

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Wall Street vs commodity traders at US watchdog swaps hearing

| January 31, 2013

* CFTC (Taiwan OTC: 1586.TWO – news) writing rules for swaps for first time * Banks complain that new rules favor futures * Exchanges have launched new products to move clients out of swaps By Douwe Miedema WASHINGTON, Jan 31 (Reuters) – Wall Street banks and Chicago commodity traders on Thursday will each try to sway the top U.S. derivatives regulator their way at a public hearing on whether new rules unduly favor one of the two rivals. The Commodity Futures Trading Commission (CFTC) is drawing up rules for swaps, speculative financial instruments that were unregulated at the time of the 2007-09 financial crisis, and were widely blamed for exacerbating it

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Why Wall Street Loves Amazon, Not Apple

| January 30, 2013

Image via CrunchBase Amazon (AMZN) reports disappointing revenues and profits and its stock soars 10%. But when Apple (AAPL) meets revenue targets and beats profit forecasts, its shares plunge by 12%.

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City Room: Occupy Wall Street Members' Income and Education Backgrounds Analyzed in Study

| January 28, 2013

Ozier Muhammad/The New York Times Occupy Wall Street protesters in Midtown Manhattan on May 1, 2012.

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Wall Street to open mixed on earnings, China data

| January 18, 2013

NEW YORK (Reuters) – Wall Street was set to open little changed on Friday, a day after the S&P 500 rose to its highest level in five years, as a weak outlook from Intel was weighed against encouraging data out of China and a fourth-quarter profit at Morgan Stanley .

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US STOCKS-Wall Street climbs, boosted by eBay results, rosy data

| January 17, 2013

* Jobless claims fall, housing starts accelerate * EBay (NasdaqGS: EBAY – news) gains after results beat expectations * Bank of America (Other OTC: BACYL – news) , Citigroup (NYSE: C – news) shares fall after results * Indexes up: S&P 0.5 pct, Dow 0.4 pct, Nasdaq 0.6 pct By Leah Schnurr NEW YORK, Jan 17 (Reuters) – Wall Street rose on Thursday, with the S&P 500 hitting a five-year intraday high, as investors were cheered by rosy economic data and better-than-expected results from online marketplace eBay. In encouraging signs for the labor and housing sectors, data showed the number of Americans filing new claims for unemployment benefits fell to a five-year low last week, while residential construction jumped in December.

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Wall Street set to gain on eBay results, rosy data

| January 17, 2013

By Leah Schnurr NEW YORK (Reuters) – Wall Street was set to open higher on Thursday after better-than-expected results from online marketplace eBay (NSQ:EBAY – News) and as data showed first-time claims for unemployment benefits dropped to a five-year low. Futures added to gains following cheery economic reports that also showed that groundbreaking to build new homes picked up in December to its fastest pace in over four years.

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Futures signal mixed Wall Street open

| January 17, 2013

LONDON (Reuters) – U.S. stock futures pointed to a mixed open on Wall Street on Thursday, with futures for the S&P 500 rising 0.1 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures falling 0.1 percent. Airlines scrambled on Thursday to rearrange flights as Europe , Japan and India joined the United States in grounding Boeing Co ‘s 787 Dreamliner passenger jets while battery-related problems are investigated

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Wall Street Eclipsing Regional Banks Seen in Trading Rise

| January 15, 2013

Wall Street investment banks, loathed by investors in 2011 and hobbled by weak trading last year, are poised for a return to the spotlight.

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