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- Rally on Wall St to be put to test (Reuters)
- SEC probes exchanges and electronic trading firms ties-WSJ (Reuters)
- Berkshire has identified Buffett successor (Reuters)
- Berkshire Hathaway fourth-quarter profit declines (Reuters)
- World Bank chief says U.S. should lead some global bodies (Reuters)
- How social media complicate SEC crackdown on insider trading (+video) (The Christian Science Monitor)
- Consumer sentiment edges up to year high (Reuters)
- Buffett's firm reports 30 pct drop in 4Q earnings (AP)
- Greek farmers offload crops at cost price (AP)
- BofA mortgage move not likely to have big consumer impact (Reuters)
- Euro zone decision on size of bailout fund seen delayed (Reuters)
- Copper rallies on signs of improving US home sales (AP)
- BP faces billions in fines as spill trial nears (AP)
- Santorum sees Tuesday's Michigan vote as winnable (AP)
- Obama: No easy answers to lowering pump prices (AP)
| Rally on Wall St to be put to test (Reuters) Posted: 25 Feb 2012 06:57 AM PST Reuters - A rally on Wall Street will be put to the test next week, with the S&P 500 at its highest level since before the collapse of Lehman Brothers in 2008. |
| SEC probes exchanges and electronic trading firms ties-WSJ (Reuters) Posted: 25 Feb 2012 08:31 AM PST Reuters - The U.S. Securities and Exchange Commission has launched a probe into the ties between stock exchanges and certain electronic trading firms, the Wall Street Journal reported on Saturday, citing people familiar with the matter. |
| Berkshire has identified Buffett successor (Reuters) Posted: 25 Feb 2012 05:45 AM PST Reuters - Berkshire Hathaway has identified its next chief executive, who will succeed Warren Buffett when the 81-year-old investor is no longer running the company, Buffett said in his annual letter to shareholders on Saturday. |
| Berkshire Hathaway fourth-quarter profit declines (Reuters) Posted: 25 Feb 2012 06:33 AM PST Reuters - Berkshire Hathaway's fourth-quarter profit fell sharply, in part on an underwriting loss in its reinsurance business related to life insurance, the company said on Saturday. |
| World Bank chief says U.S. should lead some global bodies (Reuters) Posted: 24 Feb 2012 10:24 PM PST Reuters - A solid U.S. candidate to head the World Bank would be good for the United States and the bank because the world's largest economy should be represented in top international bodies, outgoing President Robert Zoellick said on Saturday, while emphasizing he has no role in the selection process. |
| Posted: 22 Feb 2012 11:09 AM PST The Christian Science Monitor - Social media services such as Facebook and Twitter, which offer "so much that is great," also create challenges for regulators working to stop insider trading, says Securities and Exchange Commission Chairman Mary Schapiro, America's top stock market regulator. |
| Consumer sentiment edges up to year high (Reuters) Posted: 24 Feb 2012 07:41 AM PST Reuters - Consumer sentiment improved a tad in February to rack up a year high as Americans became more confident about the economy's resilience, a survey released on Friday showed. |
| Buffett's firm reports 30 pct drop in 4Q earnings (AP) Posted: 25 Feb 2012 05:33 AM PST AP - Berkshire Hathaway says its fourth-quarter net income fell 30 percent as the paper value of its derivative contracts fell, but most of its subsidiaries performed well. |
| Greek farmers offload crops at cost price (AP) Posted: 25 Feb 2012 03:41 AM PST AP - Hammered by the financial crisis that has led to ever diminishing income, a group of residents in northern Greece have joined forces with potato farmers to slash consumer prices and ensure producers can get their crop to markets by cutting out the middle man. |
| BofA mortgage move not likely to have big consumer impact (Reuters) Posted: 24 Feb 2012 04:46 PM PST Reuters - Bank of America Corp appears to be going it alone in not selling mortgage loans to Fannie Mae, a move that, while sending an angry signal to the nation's largest mortgage-buyer, could force the bank to charge less attractive mortgage rates. |
| Euro zone decision on size of bailout fund seen delayed (Reuters) Posted: 25 Feb 2012 01:41 AM PST Reuters - Euro zone leaders may not be able to meet international demands to ramp up their own funds for bailing out the bloc's debtors when they meet next week because Germany is showing no sign of dropping its opposition to the plan, euro zone officials said. |
| Copper rallies on signs of improving US home sales (AP) Posted: 24 Feb 2012 12:36 PM PST AP - Copper rallied Friday after the housing market shows more signs of improvement, which offered investors hope that demand may be strengthening for the industrial metal. |
| BP faces billions in fines as spill trial nears (AP) Posted: 25 Feb 2012 06:22 AM PST AP - On the cusp of trial over the catastrophic 2010 oil spill in the Gulf of Mexico, phalanxes of lawyers, executives and public officials have spent the waning days in settlement talks. Holed up in small groups inside law offices, war rooms and hotel suites in New Orleans and Washington, they are trying to put a number on what BP and its partners in the doomed Macondo well project should pay to make up for the worst offshore spill in U.S. history. |
| Santorum sees Tuesday's Michigan vote as winnable (AP) Posted: 25 Feb 2012 06:33 AM PST AP - Republican Rick Santorum says he thinks he can win Tuesday's presidential primary in Michigan and that conservatives shouldn't trust his main rival, Mitt Romney. |
| Obama: No easy answers to lowering pump prices (AP) Posted: 25 Feb 2012 06:59 AM PST
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