By Ellis Mnyandu NEW YORK (Reuters) - Stocks were poised to open little changed on Monday as reduced outlooks from diversified manufacturer Honeywell Inc (HON.N) and health insurer Aetna Inc (AET.N) sparked caution. Honeywell shares fell 2.5 percent to $33.18 before the bell after the company cut it [...]
ONCE THE POSTER CHILD FOR AN EXUBERANT real-estate market — and exuberant real-estate stocks — AvalonBay Communities has had its comeuppance. The real-estate investment trust’s shares have fallen 61% in the past two-and-a-half years, as higher financing costs, lower rental income a [...]
As its hedge-fund and private-equity industries worry about new rules, the U.S. is quietly lobbying Europe to change the terms of proposed financial regulation that could place strict new rules on any U.S. hedge- or private-equity fund doing business in the region, according to a senior Treasury off [...]
Crude-oil futures extend gains to edge closer to $69 a barrel, supported by a strong rally in Asian stocks.
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HONG KONG — UBS AG hired Keith Magnus from Merrill Lynch to run the Swiss bank’s Singapore and Malaysia investment banking team, according to a person familiar with the situation, the latest blow to Bank of America Corp.’s efforts to keep its Asia investment banking team intact. Si [...]
Sarkozy hospitalized after becoming ill while jogging
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By Angela Moon NEW YORK (Reuters) - Wall Street may take a breather this week after an earnings-driven rally lifted the major U.S. stock indexes to their highest levels in months. The blue-chip Dow Jones industrial average .DJI climbed back above the 9,000 mark last week for the first time since Jan [...]
Don’t make these mistakes when you’re hunting for a job.
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By Ellis Mnyandu NEW YORK (Reuters) - The Nasdaq fell on Friday, halting a 12-day run-up, following Microsoft Corp’s (MSFT.O) disappointing quarterly results, but gains in pharmaceutical and energy shares lifted the Dow and the S&P 500 to fresh 8-month closing highs. Microsoft shares slid [...]
McDonald’s (MCD: NYSE) By Jefferies & Co. ($55.96, July 23, 2009) MCDONALD’S (ticker: MCD) delivered second-quarter earnings per share of 97 cents, meeting the Street expectation and one cent short of our 98 cents number. Softer-than-expected revenue ($5.65 billion versus our $5.75 [...]
