|Dow Jones Industrial Average -0.16%|
|NASDAQ Composite -0.37%|
|S&P 500 -0.49%|
|Russell 2000 -0.69%|
|Climbers and Dogs -0.39%|
|Pretty Girls and Railroads -0.45%|
|Widows and Orphans -0.75%|
Equities dip as bullish mood fades
Apr 12 2013 16:31 BST
Friday 16:30 BST. Global equities and industrial commodities have fallen sharply as the sense of bullishness that took Wall Street to record levels and global stocks to multiyear peaks earlier this week shows signs of fatigue. Funds are moving into perceived havens, forcing US Treasury and German Bund yields lower....
Wall Street retreats from record levels
Apr 12 2013 16:01 BST
US stocks retreated from record levels in early trading on Friday, despite stronger than expected quarterly results from two of the country's most influential financial companies, JPMorgan Chase and Wells Fargo. The S&P 500 fell 0.4 per cent to 1,586.65 in the opening half-hour of trading in New York. The...
JPMorgan earnings rise to record $6.5bn
Apr 12 2013 12:28 BST
JPMorgan Chase saw its net income rise 33 per cent to $6.5bn in the first quarter as the largest US bank by assets produced steady revenues while cutting expenses. The results - the first in Wall Street's earnings season - beat analysts' expectations of about $5.4bn in net income. Retail...
Thatcher privatisation: history lessons
Apr 12 2013 12:03 BST
Here's a blast from the past. Anyone recall Amersham International? It was a small UK medical diagnostics business that was one of the first state enterprises to be privatised by the Thatcher government. An investor who bought £1,000-worth of Amersham shares when it was sold in 1982, and who accepted...
Woodside to rethink US$45bn Browse
Apr 12 2013 02:54 BST
Woodside Petroleum, Australia's biggest oil and gas company by market value, is to examine other development concepts for its US$45bn Browse liquefied natural gas project in a remote part of Western Australia after its initial plan was judged to be uneconomic. "A tender evaluation has recently been completed for all...
|Gainers||Today's Market Change|
Kraft Foods Group Inc
Alaska Communications Systems Group Inc
Kayne Anderson MLP Investment Company
|Losers||Today's Market Change|
Walter Investment Management Corp
AllianceBernstein Holding LP
Anworth Mortgage Asset Corp
Eaton Vance Tax-Advantaged Bond and Options Strategies Fund