| Good Morning Robert, | THU 27 May 2010 | | |
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May 27, 2010 08:20 AM ET | NEW YORK (Reuters) - Stock index futures pointed to a rise of about 2 percent at the open on Thursday after China denied a report it was reviewing its holdings in euro-zone sovereign bonds due to the region's debt crisis. | |
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May 26, 2010 07:56 PM ET | NEW YORK (Reuters) - Lehman Brothers Holdings Inc on Wednesday sued JPMorgan Chase & Co , accusing the second-largest U.S. bank of illegally siphoning billions of dollars of desperately-needed assets in the days leading up to its record bankruptcy. | |
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May 27, 2010 07:33 AM ET | BEIJING/BERLIN (Reuters) - The euro rebounded on Thursday after China reaffirmed its long-term strategy of diversifying currency holdings away from the dollar and denied it was reviewing its holdings of euro sovereign bonds. | |
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May 27, 2010 08:27 AM ET | NEWARK, Delaware (Reuters) - Collateralized debt obligations are as hard to love as they are to fathom. The scourge of the financial world, these complex subprime mortgage-linked securities caused hundreds of billions of dollars in losses for banks, hedge funds and insurers. | |
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May 27, 2010 08:10 AM ET | LONDON (Reuters) - Prudential Plc is pushing ahead with its bid for U.S. rival AIG's Asian unit, two sources close to the deal said, rebutting market talk of a derailment which boosted Pru's shares as well as the pound. | |
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May 27, 2010 05:42 AM ET | STOCKHOLM (Reuters) - The Federal Reserve's James Bullard said on Thursday he did not expect the fiscal crisis in Europe to create problems for the U.S. economy, but said the Fed's vow to keep rates low for a long time could, if misread, create risks. | |
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May 27, 2010 08:02 AM ET | CHICAGO (Reuters) - H.J. Heinz Co forecast a 7 percent to 10 percent increase in earnings as it continues to speed up growth in emerging markets and invest in new products and promotions. | |
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May 26, 2010 10:00 PM ET | NEW YORK (Reuters) - Activist investor William Ackman said on Wednesday that his firm recently bought 150 million shares of Citigroup Inc , but didn't provide his reason or an investment thesis for the purchase. | |
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May 27, 2010 07:38 AM ET | LONDON (Reuters) - Hedge fund firm Man Group raised hopes it had finally stemmed client outflows and unveiled plans to launch new funds aided by its $1.6 billion purchase of smaller rival GLG last week, boosting its shares. | |
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May 27, 2010 07:58 AM ET | NEW DELHI (Reuters) - Microsoft Corp Chief Executive Steve Ballmer was unperturbed a day after rival Apple Inc shot past his firm as the world's biggest tech company by market value and said his aim was to develop a good product line and earn more profits. | |
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