Articles tagged with street

Tue, May 22, 2012

Dell results disappoint Street, shares dive

By Poornima Gupta

SAN FRANCISCO (Reuters) - Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal ...

Mon, May 21, 2012

Exclusive: U.S. lets China bypass Wall Street for Treasury orders

By Emily Flitter

NEW YORK (Reuters) - China can now bypass Wall Street when buying U.S. government debt and go straight to the U ...

Mon, May 21, 2012

Wall Street ends flat after late volatility

By Ryan Vlastelica

NEW YORK (Reuters) - Stocks closed mostly flat on Tuesday after volatility late in the session, with weakness in materials and energy ...

Sat, May 19, 2012

Obama pledges tough enforcement of Wall Street reforms

WASHINGTON (Reuters) - President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying ...

Fri, May 18, 2012

Wall Street Week Ahead: Market is oversold, but major signs say "sell"

By Angela Moon

NEW YORK (Reuters) - Normally a big decline would set up Wall Street for a technical rebound. But that may not be ...

Fri, May 18, 2012

Wall Street banks facing second-quarter slowdown: analyst

(Reuters) - Wall Street banks will report sharp declines in trading and investment banking revenues in the second quarter because of weaker client activity, JPMorgan ...

Thu, May 17, 2012

Gap raises profit outlook, shares rise

(Reuters) - Gap Inc raised its yearly profit forecast, prompted by first-quarter earnings that topped Wall Street estimates and rising sales, and its shares rose ...

Thu, May 17, 2012

Historic Facebook debut falls flat

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social ...

Wed, May 16, 2012

Protesters disrupt State Street annual meeting

BOSTON (Reuters) - Protesters calling themselves the "99 percent" disrupted State Street Corp's annual meeting on Wednesday, using a coordinated plan to interrupt Chairman ...

Tue, May 15, 2012

Anti-Wall Street protesters upstage Morgan Stanley meet

By Lauren Tara LaCapra

PURCHASE, New York (Reuters) - Anti-Wall Street protesters upstaged Morgan Stanley's annual meeting on Tuesday, lobbing tough questions at Chairman ...

Tue, May 15, 2012

Home Depot sales miss Wall Street estimates

By Dhanya Skariachan and Martinne Geller

(Reuters) - Home Depot Inc posted quarterly sales that fell short of Wall Street's heightened expectations on Tuesday ...

Mon, May 14, 2012

Obama says JPMorgan loss shows need for Wall Street reform

By Jeff Mason

WASHINGTON (Reuters) - President Barack Obama said on Monday the huge trading loss at JPMorgan Chase & Co illustrated the need for Wall ...

Mon, May 14, 2012

Obama says JPMorgan loss shows need for Wall Street reform

WASHINGTON (Reuters) - President Barack Obama said on Monday the huge trading loss at JPMorgan Chase & Co illustrated the need for Wall Street reform and ...

Fri, May 11, 2012

Wall Street Week Ahead: Stocks face choppy seas of bank woes, uncertainty

By Caroline Valetkevitch

NEW YORK (Reuters) - More volatility could be in store for stocks next week as investors grapple with less certainty about the ...

Fri, May 11, 2012

JPMorgan may tip Wall Street's hand on Volcker

By Rachel Wolcott

LONDON, May 11 (Thomson Reuters Accelus) - JPMorgan Chase & Co's revelation that it had trading losses of at least $2 billion on a failed hedging strategy may have tipped the hand to one way Wall Street executives plan to get around the Volcker Rule.

The incident shows how firms could use the pending rule's hedging exemption to do proprietary trades and still technically be compliant with Volcker. It could allow firms to keep some proprietary trading desks, but portray them to regulators as something else, such as portfolio hedging.

"What does this say about the long-term effectiveness of the Volcker Rule? For all we know, these JPMorgan trades could have been in compliance with the hedging exemption," said Jeff Berman, a partner at Clifford Chance in New York.

The Volcker Rule, part of the Dodd-Frank U.S. financial regulatory overhaul, is meant to prevent risky trading by big banks, which have resisted the measure.

The rule, named after its originator, former Federal Reserve Chairman Paul Volcker, aims to restrict banks from short-term trading of derivatives and other financial instruments for their own accounts. It also aims to limit federally insured, deposit-taking financial institutions from making risky bets, while allowing them to continue market-making and hedging activities.

JPMorgan said the $2 billion mark-to-market losses came from a synthetic credit portfolio run by its Chief Investment Office.

The office is supposed to make broad bets to hedge the bank's portfolios of individual holdings, such as loans to speculative-grade companies. However, some hedge funds have complained recently that it was actually making big proprietary bets.

"If it truly was a hedge they would have made money. It makes no sense that a hedge would go in the same direction as your customer's risk," said former investment banker and hedge fund executive George Michaels, chief of G2 FinTech, a software provider for investment management firms.

If it was a bet, the blowup at JPMorgan's CIO could reveal a means by which investment banks plan to get around Volcker - by wrapping up prop trading to look like risk management.

Said a regulatory lawyer with expertise in the rule: "I don't know if (JPMorgan) intended it that way, but what it does is it points up some weaknesses in Volcker. It also shows a hedging position can be just as risky as a naked position.

"Furthermore, what hedging is, is indeterminate, because there is no requirement in the Volcker rules currently that says the initial position has to be taken at the behest of the customer or has to arise in the banking book or anything like that."

So what might look like a hedge could be a plain old bet. If a bank is hedging a risk - meaning it is acquiring a position to carry the risk of another - it is assumed that the first position was taken as some sort of legitimate business purpose and was taken prior to the second position.

In fact, it is more likely that both the initial position and the hedge were taken at the same time so as not to be uncovered for any period. Theoretically, both trades could be proprietary; but because they offset each other, either completely or partially, they might be ...

Fri, May 11, 2012

Nvidia revenue, outlook beat Street; shares jump

By Sinead Carew

(Reuters) - Nvidia Corp's quarterly revenue and outlook were ahead of low Wall Street estimates on better-than-expected sales of its latest ...

Thu, May 10, 2012

Johnny Depp gives Hollywood street-walking impersonators his seal of approval

From WENN.com

The 48 year old has inspired a group of doppelgangers to dress up like Depp's most famous film characters and ...

Thu, May 10, 2012

Messy Facebook debut marks weak day on Wall Street

By Chuck Mikolajczak

NEW YORK (Reuters) - Stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for ...

Wed, May 09, 2012

Johnny Depp gives Hollywood street-walking impersonators his seal of approval

From WENN.com

The 48 year old has inspired a group of doppelgangers to dress up like Depp's most famous film characters and ...

Wed, May 09, 2012

Obama walks fine line in bashing Romney, courting Wall Street

By Patricia Zengerle

WASHINGTON (Reuters) - For President Barack Obama's re-election team, it's sort of like threading a needle.

While trying to define ...

Wed, May 09, 2012

Cisco shares drop on tech spending worries

(Reuters) - Shares of Cisco Systems Inc slid more than 9 percent in early trading after the network equipment maker's disappointing outlook exacerbated worries ...

Wed, May 09, 2012

State Street loses bid to dismiss Arkansas case

(Reuters) - A judge in Boston has denied a motion by State Street Corp to dismiss claims that the custody bank overcharged an Arkansas pension ...

Wed, May 09, 2012

Macy's outlook disappoints Street, shares drop

By Phil Wahba

(Reuters) - Macy's Inc kept its full-year profit forecast despite reporting better-than-expected first-quarter earnings on Wednesday, sending the retailer's shares ...

Wed, May 09, 2012

AOL beats Street, plans big return to shareholders

By Jennifer Saba

(Reuters) - AOL Inc reported better-than-expected quarterly results and said it intends to hand over to shareholders 100 percent of the proceeds ...

Sun, May 06, 2012

Wall Street Week Ahead: European elections add to selling pressure

By Rodrigo Campos

NEW YORK (Reuters) - After Wall Street's worst week of the year, U.S. stocks are facing more selling after elections ...

Fri, May 04, 2012

Wall Street Week Ahead: All eyes on European elections

By Rodrigo Campos

NEW YORK (Reuters) - After Wall Street's worst week of the year, U.S. stock investors will look across the Atlantic ...

Fri, May 04, 2012

Corrected - Wall Street drops before jobs data, LinkedIn up late

(In May 3 item, corrects affiliation of trader in paragraph 5)

By Edward Krudy

NEW YORK (Reuters) - U.S. stocks fell on Thursday as ...

Thu, May 03, 2012

Dolby signs pact with Microsoft; shares jump

(Reuters) - Audio technology licensor Dolby Labs Inc signed an agreement with Microsoft for the use of its products in the Windows 8 operating system ...

Thu, May 03, 2012

GM outlook disappoints after profit beats Street

By Ben Klayman and Deepa Seetharaman

DETROIT (Reuters) - General Motors Co offered investors a disappointing outlook for the upcoming six months in North America ...

Thu, May 03, 2012

Cigna profit misses Wall Street target

(Reuters) - Insurer Cigna Corp posted a lower-than-expected first-quarter profit on Thursday, as earnings slipped in its segment offering disability and life coverage policies.

Cigna ...

Wed, May 02, 2012

New York City faces shortfall on Wall Street weakness

By Joan Gralla

(Reuters) - New York City expects a total budget gap of $495 million for the current and next fiscal years due to ...

Wed, May 02, 2012

Insight: Upstarts break BNY, State Street's forex grip

By Tim McLaughlin

BOSTON (Reuters) - Three years ago, John Galanek co-founded FX Transparency LLC to give big investors a more sophisticated view of their ...

Mon, April 30, 2012

S&P 500 flirts with two-month low before rebound

By Angela Moon

NEW YORK (Reuters) - Stocks fell for the fifth day in six on Wednesday as investors kept their focus on the turmoil ...

Fri, April 27, 2012

Ford beats Street despite weakness in Europe

By Deepa Seetharaman

DETROIT (Reuters) - Ford Motor Co reported a fall in quarterly profit on weakness outside North America but still beat analyst expectations ...

Thu, April 26, 2012

Instant View: Amazon trounces Street targets, shares soar

(Reuters) - Amazon.com Inc reported quarterly earnings that beat Wall Street's most bullish expectations after the world's largest Internet retailer brought costs ...

Thu, April 26, 2012

Amazon's streak of Fire ignites shares

By Alistair Barr

(Reuters) - Amazon.com Inc's quarterly results beat Wall Street's most bullish expectations as heavy spending by the world's ...

Thu, April 26, 2012

Lockheed names new CEO; profit beats Wall Street view

By Andrea Shalal-Esa

WASHINGTON (Reuters) - Top U.S. weapons maker Lockheed Martin Corp posted a higher-than-expected first-quarter net profit and announced a succession plan ...

Thu, April 26, 2012

PepsiCo, Coke Enterprises beat Wall Street views

By Martinne Geller

(Reuters) - PepsiCo Inc and Coca-Cola Enterprises reported higher-than-expected quarterly profits, helped by price increases on sodas, and stood by their full-year ...

Thu, April 26, 2012

Aetna profit misses analysts' target, shares fall

By Lewis Krauskopf

(Reuters) - Health insurer Aetna Inc reported a lower-than-expected quarterly profit on Thursday as higher claim costs and administrative expenses weighed on ...

Thu, April 26, 2012

Dow Chemical profit beats Street, but sales miss

By Ernest Scheyder

(Reuters) - Solid sales of herbicides and other agricultural products helped Dow Chemical Co's first-quarter profit beat Wall Street's expectations ...

Wed, April 25, 2012

Chipmaker LSI's quarterly outlook beats Street

By Noel Randewich

(Reuters) - LSI forecast current-quarter revenue above expectations as it sells more controller chips for hard-drives and ramps up sales of flash ...

Wed, April 25, 2012

Akamai first-quarter adjusted profit beats Street

(Reuters) - Internet content delivery company Akamai Technologies Inc posted a quarterly profit above analysts' estimates helped by soaring demand.

For the first quarter, Akamai ...

Wed, April 25, 2012

Rockwell Automation profit misses Wall Street views

By Lynn Adler

(Reuters) - Rockwell Automation Inc reported a lower-than-expected quarterly profit on increased expenses and a higher tax rate, and the company narrowed ...

Wed, April 25, 2012

Caterpillar profit up; outlook seen as modest

(Reuters) - Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations as the company relied on its growing ...

Tue, April 24, 2012

Apple crushes Street targets, dispels iPhone fears

By Poornima Gupta

SAN FRANCISCO (Reuters) - Apple Inc's quarterly profit almost doubled after a jump in iPhone sales, particularly for the greater China ...

Tue, April 24, 2012

Apple crushes Street targets, dispels iPhone fears

By Poornima Gupta

SAN FRANCISCO (Reuters) - Apple Inc's quarterly profit almost doubled, blowing past Wall Street estimates after a jump in iPhone sales ...

Tue, April 24, 2012

Ghost of Occupy Wall Street to haunt GE meeting

By Scott Malone

(Reuters) - An offshoot of the Occupy Wall Street movement, which rose to prominence last year with its anticorporate stance, plans to ...

Mon, April 23, 2012

Netflix spooks Street with sputtering user growth

By Lisa Richwine

LOS ANGELES (Reuters) - Video rental company Netflix Inc projected slower subscriber growth this quarter for its key U.S. video-streaming service ...

Mon, April 23, 2012

Texas Instruments revenue forecast beats Street

By Sinead Carew and Noel Randewich

(Reuters) - Texas Instruments Inc forecast second-quarter revenue growth ahead of Wall Street estimates, signaling the end of a ...

Mon, April 23, 2012

ConocoPhillips profit lags Wall Street view

(Reuters) - ConocoPhillips , which is splitting into two stand-alone companies at the end of the month, reported a lower-than-expected quarterly profit, hurt by weak refining ...

Mon, April 23, 2012

S&P 500 rallies for week on Amazon, Expedia results

By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks advanced on Friday and posted their best weekly gains in a month as stronger-than-expected earnings ...

Sun, April 22, 2012

Martin Scorsese and Leonardo DiCaprio to Team for 'The Wolf of Wall Street'

Jordan Belfort is the latest to prove that if you lead a life of crime, deceit, drug abuse and reckless behavior, Martin Scorsese will ...

Sat, April 21, 2012

Martin Scorsese and Leonardo DiCaprio to Team for 'The Wolf of Wall Street'

Jordan Belfort is the latest to prove that if you lead a life of crime, deceit, drug abuse and reckless behavior, Martin Scorsese will ...

Fri, April 20, 2012

Martin Scorsese and Leonardo DiCaprio to Team for 'The Wolf of Wall Street'

Jordan Belfort is the latest to prove that if you lead a life of crime, deceit, drug abuse and reckless behavior, Martin Scorsese will ...

Fri, April 20, 2012

GE profit, revenue top Wall Street forecasts

By Scott Malone

(Reuters) - General Electric Co topped Wall Street's profit and revenue forecasts for the first quarter, helped by strong demand for ...

Thu, April 19, 2012

Chipmaker AMD's results point to better PC market

By Noel Randewich

SAN FRANCISCO (Reuters) - Chipmaker Advanced Micro Devices forecast revenue above expectations in another sign that PC demand is holding up better ...

Thu, April 19, 2012

Microsoft rises as better PC sales boost profit

(Reuters) - Shares of Microsoft Corp rose more than 5 percent on Friday after the world's largest software maker reported a quarterly profit that ...

Thu, April 19, 2012

Danaher profit tops Street expectations

(Reuters) - Danaher Corp reported a higher-than-expected quarterly profit on Thursday, helped by higher margins at its dental and test and measurement businesses, and the ...

Thu, April 19, 2012

DuPont off to a good start for 2012, CEO says

By Ernest Scheyder

NEW YORK (Reuters) - DuPont's first-quarter profit beat Wall Street's expectations, helped by price hikes and sales of insecticides and ...

Wed, April 18, 2012

Wall Street up on earnings but tech, banks weigh

By Rodrigo Campos

NEW YORK (Reuters) - Stocks mostly rose on Friday, led by solid earnings from McDonald's, General Electric and Microsoft, but declines ...

Tue, April 17, 2012

Coke beats Street, sees signs U.S. economy improving

By Martinne Geller

(Reuters) - Coca-Cola Co posted higher-than-expected quarterly results after the world's largest soft drink maker sold more beverages, even in developed ...

Tue, April 17, 2012

Goldman dials back risk, profit falls

By Lauren Tara LaCapra

(Reuters) - Goldman Sachs Group Inc posted a 23 percent decline in quarterly earnings after it dialed down risk-taking in tricky ...

Mon, April 16, 2012

Yahoo shows signs of life, Alibaba in the cards again

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Yahoo Inc reported an uptick in revenue that marked its first quarterly sales growth in three years, as ...

Mon, April 16, 2012

Wall Street rallies on earnings, Europe helps

By Rodrigo Campos

NEW YORK (Reuters) - U.S. stocks scored their biggest gains in a month on Tuesday after Coca-Cola led a round of ...

Sun, April 15, 2012

Ex-Wall Street bankers bring science to China's rocky stock market

By Samuel Shen and Kazunori Takada

SHANGHAI (Reuters) - Ex-Wall Street bankers are betting science can exploit opportunities in China's often rumor-driven stock market ...

Sun, April 15, 2012

Google fined $25,000 for street data collection

WASHINGTON (Reuters) - Google Inc faces a $25,000 fine for impeding a U.S. investigation into the Web search leader's data collection for ...

Fri, April 13, 2012

Wall Street Wk Ahead: Stocks to track earnings with eye on Europe

By Chuck Mikolajczak and Caroline Valetkevitch

NEW YORK (Reuters) - After suffering their worst two weeks of the year, stocks will look to quarterly earnings ...

Fri, April 13, 2012

JPMorgan gets boost from better economy, trading

By David Henry

(Reuters) - An uptick in trading and dealmaking lifted JPMorgan Chase & Co's first-quarter profits out of the funk of late 2011, but the recovery fell short of the good times the largest U.S. bank enjoyed a year ago.

The results beat Wall Street expectations. Investment banking revenue rebounded from the 2011 fourth quarter as fears about the European debt crisis eased, prompting more companies and investors to return to fixed-income and equity markets.

JPMorgan also got a boost from improvements in credit quality and loan demand - a trend seen in the performance of Wells Fargo & Co as well. The No. 4 U.S. bank separately reported higher first-quarter profit as mortgage banking improved and it set aside less money for bad loans.

"The revenue is what really impressed me," said Joe Terril, founder of Terril & Co, a money manager in St. Louis, Missouri, referring to a 24 percent jump in JPMorgan's total revenue from the fourth quarter.

"It tells me there's more economic activity, maybe, than what we were previously thinking - more demand for credit, more demand for banking services, more business out there," he said.

The results from two of the largest U.S. banks confirm investor optimism that has fed a market rally this year. The KBW index of bank stocks is up more than 20 percent this year, and JPMorgan shares are up 32 percent.

But on Friday, investors appeared no longer satisfied with just tentative signs that the economy is on a path to recovery; they now want to gauge its strength, and JPMorgan's numbers ...

Wed, April 11, 2012

Analysis: Jobs Act has Wall Street worried about conflicts

By Soyoung Kim and Olivia Oran

NEW YORK (Reuters) - Nearly a decade ago, Eliot Spitzer, then the New York attorney general, had to force ...

Tue, April 10, 2012

State Street's Connecticut FX trades under review

BOSTON (Reuters) - Connecticut's attorney general plans to review foreign exchange trades State Street Corp made on behalf of the state's $25 billion ...

Tue, April 10, 2012

Alcoa stock up on unexpected 1st-quarter profit

NEW YORK (Reuters) - Shares in Alcoa Inc rose 7 percent on Wednesday, a day after the aluminum company posted a first-quarter profit instead of ...

Thu, April 05, 2012

Wall Street Week Ahead: Will earnings spark further declines?

By Ryan Vlastelica

NEW YORK (Reuters) - Since October, estimates for first-quarter earnings growth have tumbled while the S&P 500 has surged. With the earnings season starting next week, the outlook is not as sunny as in previous quarters.

Investors will assess whether slower growth is priced into the U.S. stock market, or if the S&P 500's retreat from Monday's four-year high is the start of a larger decline - if results disappoint.

After the S&P 500's rise of about 30 percent since October, there is concern that buying interest is not strong enough to drive further gains, particularly after soft March U.S. employment figures were released on Friday.

"It seems like we're hitting resistance," said Jack Ablin, chief investment officer of Harris Private Bank in Chicago. "I think the market will grind higher, but it will be at a much slower pace. Earnings and jobs aren't helping."

Friday's nonfarm payrolls report was a disappointment, with just 120,000 jobs added in March, short of expectations for a gain of 203,000 jobs. Stock futures fell 1 percent in a shortened session, with the cash market closed entirely.

Fund managers will look for earnings to offer insight into how companies are faring amid mixed economic indicators and a resurgence of concerns about Europe. Strong results could extend the multi-month rally while weak ones could provide a catalyst for further declines.

"If management commentary indicates that business is holding up despite the apparent slowing of European economies, that would be very encouraging for stocks," said John Carey, portfolio manager at Pioneer Investment Management in Boston, who helps oversee about $260 billion.

"On the other hand, if orders are dropping or consumer spending doesn't appear sustainable, that could lead to some downward pricing action and earnings revisions."

A TIME FOR CAUTION

The latest trends haven't been encouraging. Analysts have trimmed estimates, management teams have grown more cautious, and overall growth rates have fallen sharply.

S&P 500 companies' earnings are seen rising 3.2 percent in the first quarter, according to Thomson Reuters data, compared with growth of 9.2 percent in the fourth quarter and a jump of almost 19 percent in the first quarter of 2011 over the year-ago period.

Analysts have been cutting estimates steadily in the last few months, but the ratio of cuts to increases leveled off in March, Bank of America-Merrill Lynch wrote in a recent note. That indicates "analysts are still cutting estimates, but at a decreasing rate."

Bank of America-Merrill Lynch also pointed out that corporate management teams were becoming more cautious relative to expectations as well. Overall, data from StarMine, a unit of Thomson Reuters, shows most sectors with declining estimates, particularly materials and telecom stocks.

"We feel it is too early to switch to a positive short-term signal, given worrisome trends in guidance and sales revisions," Bank of America-Merrill Lynch wrote to clients.

SanDisk Corp warned on Tuesday that weak demand would hurt its revenue and margins, an outlook that sparked a steep dive in the flash-memory maker's stock and hurt chip makers.

On the positive side, Bed Bath & Beyond posted better-than-expected results late Wednesday, driving its stock to an all-time high on Thursday.

Alcoa Inc will mark the start of the earnings season with results after the closing bell on Tuesday. Google Inc , JPMorgan Chase & Co and Wells Fargo & Co are all slated to report later in the week.

Over the last several weeks, growth estimates have dropped markedly even as economic data has generally shown improved U.S. demand and the equity market has rallied.

On the first of October, first-quarter earnings were seen growing more than 10 percent. While estimates have dropped by more than two-thirds since then, the S&P 500 has climbed 27 percent, raising the question of whether the slowing growth has been priced into the market.

Tobias Levkovich, chief U.S. equity strategist at Citigroup, wrote that the season "may generate the next obstacle for investors," saying they had become "too accustomed" to upside surprises.

LOWERING THE BAR

The second quarter got off to a weak start. The Standard & Poor's 500 Index <.SPX> ended the quarter's first week with a loss of 0.7 percent - its worst weekly performance since December. That was in sharp contrast to the rally on Monday - the quarter's first trading day - when the S&P 500 ended at 1,418.90, its highest close since mid-May 2008.

At Thursday's close, the Dow Jones industrial average <.DJI> was down 1.2 percent for the week, while the Nasdaq Composite Index <.IXIC> was down 0.4 percent.

It is possible that analysts have become too pessimistic.

Warnings have dominated the pre-earnings season. Of the 121 pre-announcements, 68 percent are negative ones, compared with 58 percent in the first quarter a year ago.

"The reduced expectations leave more room for upside surprises," said Michael Mullaney, a portfolio manager who helps manage $9.5 billion at Fiduciary Trust Co in Boston.

However, there is still concern that the recent burst of economic growth will prove transitory - and that demand will sag after a warmer-than-usual winter in the United States.

"Earnings are expected to be weak this quarter, and if you strip out Apple Inc , the picture is even worse. That could be a big headwind, especially at a time when the macro environment is less than friendly."

(Wall St Week Ahead runs every Friday. Questions or comments on this column can be emailed to: ryan.vlastelica(at)thomsonreuters.com)

(Additional reporting by David Gaffen; Editing by Jan Paschal)

Thu, April 05, 2012

Gosling saves journalist crossing street

British writer Laurie Penny was left stunned after The Notebook star swooped in to save her when she stepped into a busy New York ...

Thu, April 05, 2012

Analysis: Forex fine print haunts BNY Mellon, State Street

By Tim McLaughlin

BOSTON (Reuters) - State Street Corp has unveiled a new twist in its legal defense against charges of foreign exchange fraud: We ...

Wed, April 04, 2012

Gosling saves journalist crossing street

British writer Laurie Penny was left stunned after The Notebook star swooped in to save her when she stepped into a busy New York ...

Tue, April 03, 2012

All-American Rejects come of age in "Kids In The Street"

By Piya Sinha-Roy

LOS ANGELES (Reuters) - After a decade of carefree, feel-good pop-rock, the All-American Rejects are finally growing up and embracing their softer ...

Mon, April 02, 2012

Wall Street ends worst two weeks since November

By Ryan Vlastelica

NEW YORK (Reuters) - U.S. stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China ...

Wed, March 28, 2012

Face time with Facebook CEO stirs concerns on Wall Street

By Alistair Barr and Alexei Oreskovic

SAN FRANCISCO (Reuters) - Mark Zuckerberg wants at least $5 billion from Wall Street investors, but those investors will ...

Tue, March 27, 2012

Tweaks to Wall Street overhaul law starting to move

By Dave Clarke and Alexandra Alper

WASHINGTON (Reuters) - Support is growing in Congress for tweaks to the 2010 Dodd-Frank financial oversight law, a possibility ...

Fri, March 23, 2012

Last-minute shopping could lift stocks

By Caroline Valetkevitch

NEW YORK (Reuters) - Portfolio managers will be doing some last-minute shopping for winners from the big stock market rally as they ...

Fri, March 23, 2012

Wall Street Week Ahead: Last-minute shopping could lift stocks

By Caroline Valetkevitch

NEW YORK (Reuters) - Portfolio managers will be doing some last-minute shopping for winners from the big U.S. stock market rally ...

Thu, March 22, 2012

Wall Street's face in Washington to step down

WASHINGTON (Reuters) - The chief lobbyist for the largest U.S. financial institutions will step down at the end of 2012, after more than a ...

Thu, March 22, 2012

Wall Street closes stellar quarter on up note

By Rodrigo Campos

NEW YORK (Reuters) - Stocks closed their strongest quarter in more than two years on a positive note on Friday, led by ...

Wed, March 21, 2012

HP hikes dividend by 10 percent

SAN FRANCISCO (Reuters) - Hewlett Packard raised its quarterly dividend by 10 percent, making good on a pledge to shareholders even as it struggles to ...

Tue, March 20, 2012

Insight: The Wall Street gold rush in foreclosed homes

By Matthew Goldstein and Jennifer Ablan

NEW YORK (Reuters) - Dan Magder recently gave up a top job with private equity firm Lone Star Funds ...

Mon, March 19, 2012

Bruno blinded in street attack

The former World Champion has revealed he was the victim of a savage assault in 2010 when a man approached him in the street ...

Mon, March 19, 2012

Wall Street mostly slips, but tech keeps S&P near 4-year highs

By Rodrigo Campos

NEW YORK (Reuters) - Stocks mostly fell on Wednesday, weighed by the energy services sector, but gains in technology shares buoyed the ...

Sun, March 18, 2012

'21 Jump Street' Rob Riggle: 'Channing Tatum Is a Funny Guy'

Ridiculously good looking people get a bad rap. There's a double standard enforced by comedy lovers against the beautiful; just because a person ...

Sun, March 18, 2012

Hill causes airport scare after 21 Jump Street shoot

The Superbad funnyman was in Louisiana wrapping up an action scene with co-star Channing Tatum when he realised he was running short on time ...

Sun, March 18, 2012

'21 Jump Street' Set Secrets: Jonah Hill On What Channing Tatum's Mouth Feels Like

It's no secret that Jonah Hill and Channing Tatum formed a sacred best friend bond while on the set of their new comedy ...

Sun, March 18, 2012

Comic '21 Jump Street' leads box office

By Lisa Richwine

LOS ANGELES (Reuters) - A comic spin on 1980s television hit "21 Jump Street" nabbed the No. 1 slot on North American ...

Sat, March 17, 2012

'21 Jump Street' Rob Riggle: 'Channing Tatum Is a Funny Guy'

Ridiculously good looking people get a bad rap. There's a double standard enforced by comedy lovers against the beautiful; just because a person ...

Sat, March 17, 2012

Hill causes airport scare after 21 Jump Street shoot

The Superbad funnyman was in Louisiana wrapping up an action scene with co-star Channing Tatum when he realised he was running short on time ...

Sat, March 17, 2012

'21 Jump Street' Set Secrets: Jonah Hill On What Channing Tatum's Mouth Feels Like

It's no secret that Jonah Hill and Channing Tatum formed a sacred best friend bond while on the set of their new comedy ...

Sat, March 17, 2012

Dozens arrested at Occupy's 6-month anniversary rally

By Chris Francescani

NEW YORK (Reuters) - Dozens of Occupy Wall Street protesters were arrested during the weekend as police cleared New York's Zuccotti ...

Fri, March 16, 2012

'21 Jump Street' Rob Riggle: 'Channing Tatum Is a Funny Guy'

Ridiculously good looking people get a bad rap. There's a double standard enforced by comedy lovers against the beautiful; just because a person ...

Fri, March 16, 2012

Hill causes airport scare after 21 Jump Street shoot

The Superbad funnyman was in Louisiana wrapping up an action scene with co-star Channing Tatum when he realised he was running short on time ...

Fri, March 16, 2012

'21 Jump Street' Set Secrets: Jonah Hill On What Channing Tatum's Mouth Feels Like

It's no secret that Jonah Hill and Channing Tatum formed a sacred best friend bond while on the set of their new comedy ...

Fri, March 16, 2012

Stock index futures signal flat Wall Street open

Stock index futures pointed to a flat open for equities on Friday, with futures for the S&P 500 and the Nasdaq 100 staying almost unchanged.

Apple's new iPad proved to be another hot-seller on Friday, with hundreds queuing at stores across Asia to be the first to get their hands on the 4G-ready tablet computer as the company's share price hit $600 for the first time.

Several banks including Goldman Sachs have shown an interest in buying American International Group Inc's complex and troubled assets tied to the insurer's bailout, the Wall Street Journal said, citing people familiar with the matter.

The Labor Department releases at 1230 GMT the February Consumer Price Index (CPI). Economists expect a 0.4 percent rise, compared with a 0.2 percent increase in January. Excluding volatile food and energy items, CPI is expected to rise 0.2 percent, a repeat of the January increase.

The Labor Department issues at 1230 GMT Real Earnings for February. Economists expect a 0.2 percent drop, versus an unchanged reading in January.

United Parcel Service said it was in constructive talks to buy Dutch rival TNT Express and reiterated its intention to make an offer, having last month proposed a 9 euros per share deal worth 4.9 billion euros ($6.4 billion).

Bayer AG has made a non-binding offer for the animal health business of Pfizer Inc , even though it believes a spin-off is more likely, a German paper reported in an article to be published in its Friday edition.

Cisco Systems made its first major acquisition in over two years with a deal to buy NDS, which develops pay TV software, for $5 billion, aiming to boost its presence in the video communications market.

The Federal Reserve releases at 1315 GMT industrial production and capacity utilization data for February. Economists expect a 0.4 percent rise in production and a capacity utilization reading of 78.8 percent. In the January report, production was flat, and capacity utilization was 78.5 percent.

Thomson Reuters/University of Michigan Surveys of Consumers release at 1355 GMT preliminary March consumer sentiment index. Economists expect a reading of 76.0 in the preliminary March report, compared with 75.3 in the final February report.

At 1430 GMT, Economic Cycle Research Institute releases its weekly index of economic activity for March 9. In the prior week, the index read 124.3.

Britain is poised to cooperate with the United States on a release of strategic oil stocks that is expected within months, two British sources said, in a bid to prevent fuel prices choking economic growth in a U.S. election year.

GlaxoSmithKline and rivals including Pfizer are preparing second-round bids for Turkey's Mustafa Nevzat Ilac Sanayi, a maker of injectable generic drugs, that may be worth some $800 million, four people familiar with the process said.

The pan-European FTSE Eurofirst 300 <.FTEU3> index added 0.3 percent after its strongest since July 2011 on Wednesday.

The S&P 500 <.SPX> closed above 1,400 for the first time since the 2008 financial crisis on Thursday as stocks resumed the upward climb that has produced a steady stream of gains this year.

The Dow Jones industrial average <.DJI> rose 58.66 points, or 0.44 percent, to 13,252.76, closing out a seventh straight day of gains. The Standard & Poor's 500 Index advanced 8.32 points, or 0.60 percent, to 1,402.60 at the close. The Nasdaq Composite Index <.IXIC> gained 15.64 points, or 0.51 percent, to 3,056.37.

(Reporting by Atul Prakash; Editing by Elaine Hardcastle)

Fri, March 16, 2012

Stock index futures signal flat Wall Street open

(Reuters) - Stock index futures pointed to a flat open for equities on Friday, with futures for the S&P 500 and the Nasdaq 100 staying almost unchanged.

Apple's new iPad proved to be another hot-seller on Friday, with hundreds queuing at stores across Asia to be the first to get their hands on the 4G-ready tablet computer as the company's share price hit $600 for the first time.

Several banks including Goldman Sachs have shown an interest in buying American International Group Inc's complex and troubled assets tied to the insurer's bailout, the Wall Street Journal said, citing people familiar with the matter.

The Labor Department releases at 1230 GMT the February Consumer Price Index (CPI). Economists expect a 0.4 percent rise, compared with a 0.2 percent increase in January. Excluding volatile food and energy items, CPI is expected to rise 0.2 percent, a repeat of the January increase.

The Labor Department issues at 1230 GMT Real Earnings for February. Economists expect a 0.2 percent drop, versus an unchanged reading in January.

United Parcel Service said it was in constructive talks to buy Dutch rival TNT Express and reiterated its intention to make an offer, having last month proposed a 9 euros per share deal worth 4.9 billion euros ($6.4 billion).

Bayer AG has made a non-binding offer for the animal health business of Pfizer Inc , even though it believes a spin-off is more likely, a German paper reported in an article to be published in its Friday edition.

Cisco Systems made its first major acquisition in over two years with a deal to buy NDS, which develops pay TV software, for $5 billion, aiming to boost its presence in the video communications market.

The Federal Reserve releases at 1315 GMT industrial production and capacity utilization data for February. Economists expect a 0.4 percent rise in production and a capacity utilization reading of 78.8 percent. In the January report, production was flat, and capacity utilization was 78.5 percent.

Thomson Reuters/University of Michigan Surveys of Consumers release at 1355 GMT preliminary March consumer sentiment index. Economists expect a reading of 76.0 in the preliminary March report, compared with 75.3 in the final February report.

At 1430 GMT, Economic Cycle Research Institute releases its weekly index of economic activity for March 9. In the prior week, the index read 124.3.

Britain is poised to cooperate with the United States on a release of strategic oil stocks that is expected within months, two British sources said, in a bid to prevent fuel prices choking economic growth in a U.S. election year.

GlaxoSmithKline and rivals including Pfizer are preparing second-round bids for Turkey's Mustafa Nevzat Ilac Sanayi, a maker of injectable generic drugs, that may be worth some $800 million, four people familiar with the process said.

The pan-European FTSE Eurofirst 300 <.FTEU3> index added 0.3 percent after its strongest since July 2011 on Wednesday.

The S&P 500 <.SPX> closed above 1,400 for the first time since the 2008 financial crisis on Thursday as stocks resumed the upward climb that has produced a steady stream of gains this year.

The Dow Jones industrial average <.DJI> rose 58.66 points, or 0.44 percent, to 13,252.76, closing out a seventh straight day of gains. The Standard & Poor's 500 Index advanced 8.32 points, or 0.60 percent, to 1,402.60 at the close. The Nasdaq Composite Index <.IXIC> gained 15.64 points, or 0.51 percent, to 3,056.37.

(Reporting by Atul Prakash; Editing by Elaine Hardcastle)

Thu, March 15, 2012

Hill causes airport scare after 21 Jump Street shoot

The Superbad funnyman was in Louisiana wrapping up an action scene with co-star Channing Tatum when he realised he was running short on time ...

Thu, March 15, 2012

'21 Jump Street' Set Secrets: Jonah Hill On What Channing Tatum's Mouth Feels Like

It's no secret that Jonah Hill and Channing Tatum formed a sacred best friend bond while on the set of their new comedy ...

Wed, March 14, 2012

Hill was reluctant to remake 21 Jump Street

Hill stars alongside Channing Tatum as police officers who are sent back to school posing as students, in the new movie based on the ...

Tue, March 13, 2012

Jonah Hill and Channing Tatum: '21 Jump Street' Is Based on 'Superbad'

One is a newly Oscar-nominated thespian. The other, an actor having a year that could catapult him to the A-list. Together, Jonah Hill and ...

Tue, March 13, 2012

Facebook summons Wall Street for pre-IPO briefing

By Alistair Barr and Alexei Oreskovic

(Reuters) - Facebook Inc is taking the next step on its IPO journey and has summoned research analysts from ...

Mon, March 12, 2012

Jonah Hill and Channing Tatum: '21 Jump Street' Is Based on 'Superbad'

One is a newly Oscar-nominated thespian. The other, an actor having a year that could catapult him to the A-list. Together, Jonah Hill and ...

Mon, March 12, 2012

S&P 500 ends best week since December with quiet day

By Ryan Vlastelica

NEW YORK (Reuters) - The S&P 500 closed out its best week in three months with a slim gain on Friday ...

Mon, March 12, 2012

Stock futures point to lower Wall Street open

(Reuters) - Stock index futures pointed to a lower open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 falling 0.2 to 0.3 percent.

The U.S. Treasury Department issues its monthly budget for February at 1800 GMT. Economists forecast a $229.0 billion deficit, against a January budget deficit of $27.4 billion.

The Conference Board releases its employment trend index for February at 10.00 a.m. EDT. In January, the index read 105.8.

Federal prosecutors have nixed a tentative $1 billion settlement with Johnson & Johnson , holding out for a bigger settlement with the drugmaker for alleged improper marketing of its Risperdal schizophrenia drug, the Wall Street Journal said.

A previously announced $25 billion settlement between five major banks accused of abusive mortgage practices will be filed in federal court on Monday, people familiar with the matter said.

Swiss watchmaker Swatch Group SA said on Monday Tiffany & Co had served it with a 541.9 million franc ($590 million) counter-claim in a legal dispute with the U.S. jeweler over a severed cooperation agreement.

The World Trade Organization has broadly upheld a ruling that Boeing Co took billions of dollars of unfair subsidies, breathing new life into an epic trade spat that has already faulted European aid to Airbus, people familiar with the matter said.

Anthera Pharmaceuticals Inc said it stopped a late-stage trial of its experimental lead drug to treat a heart disease due to lack of efficacy, sending its shares down 62 percent in aftermarket trade on Friday.

China's trade balance plunged $31.5 billion into the red in February as imports swamped exports to leave the largest deficit in at least a decade and fuel doubts about the extent to which frail foreign demand or seasonal distortion drove the drop.

China's central bank said on Monday the country has ample room to tweak policy to support credit growth in the face of volatile foreign capital flows that will inevitably see market forces play a greater role in determining the value of the yuan currency.

Sealy Corp's second-largest shareholder has called for a shake up of the board, blaming the mattress maker's private-equity backer and largest shareholder, KKR & Co , for the company's poor performance, the Wall Street Journal said.

U.S. airline JetBlue has spoken to the management of Aer Lingus about the possible purchase of a stake in the Irish airline, the Irish Times newspaper reported on Monday, citing informed sources.

The Bretton Woods Institutions, the World Trade Organization and the United Nations Conference on Trade and Development hold a high-level two-day meeting in New York.

European stocks fell slightly on Monday, halting a sharp three-day rally as last week's strong U.S. jobs data dampens expectation of further stimulus from the U.S. Federal Reserve, which holds its next meeting this week.

On Friday, the Dow Jones industrial average <.DJI> advanced 14.08 points, or 0.11 percent, to 12,922.02 at the close. The Standard & Poor's 500 Index <.SPX> rose 4.96 points, or 0.36 percent, to 1,370.87. The Nasdaq Composite Index <.IXIC> gained 17.92 points, or 0.60 percent, to close at 2,988.34.

(Reporting By Alessandra Prentice; Editing by Hans-Juergen ...

Fri, March 09, 2012

Occupy Wall Street in New York running low on cash

By Michelle Nichols

NEW YORK (Reuters) - The Occupy Wall Street group in New York is running low on money and on pace to run ...

Thu, March 08, 2012

Oakland sues anti-Wall Street protester over smashed windows

By Emmett Berg

SAN FRANCISCO (Reuters) - Oakland officials have sued an anti-Wall Street activist who smashed windows at a police facility during a demonstration ...

Thu, March 08, 2012

Wall Street workforce up in 2011, despite layoff fears: report

(Reuters) - Wall Street companies hired an extra 4,900 workers from January 2011 to January 2012, the New York Department of Labor said on ...

Thu, March 08, 2012

'21 Jump Street' Set Visit Report: Don't Call It a Spoof

"Hollywood.com's Kelsea Stahler hangs with the stars of the upcoming cop comedy reboot. Check out her interviews with stars Channing Tatum and ...

Thu, March 08, 2012

Jonah Hill's Hilarious 'SNL' Promo: 22, 23 and 24 Jump Street

Considering the success of Jonah Hill's last hosting gig on Saturday Night Live, his Oscar nomination for his role in Moneyball, and his ...

Wed, March 07, 2012

Analysis: Slow, steady tops fast trading on Wall Street

By Herbert Lash

NEW YORK (Reuters) - Today's coda for investing in the market calls for rapid-fire trading and an eye for the next ...

Tue, March 06, 2012

Merck forecasts 1st-quarter EPS below Street view

(Reuters) - Merck & Co Inc said on Tuesday it expects first-quarter earnings per share to be between 95 and 98 cents, excluding items, below the average estimate on Wall Street of $1.01.

Including items, the drugmaker sees earnings per share between 52 cents and 60 cents.

With the euro exchange rate at about $1.31 in the first quarter, currency is expected to have a 1 to 2 percent unfavorable impact on sales in the first quarter.

The company reiterated its 2012 full-year forecast, calling for earnings per share between $3.75 and $3.85, excluding restructuring- and acquisition-related costs, and between $2.04 to $2.30 per share including those items.

Merck said it expects revenue at or near 2011 levels on a constant currency basis. But at current exchange rates, 2012 sales would be reduced by about 2 to 3 percent.

(Reporting By Debra Sherman; Editing by Gerald E. McCormick)

Mon, March 05, 2012

Wall St's bonuses fell 25 pct in 2011 -NYC monitor

By Joan Gralla

NEW YORK (Reuters) - Wall Street's bonuses fell nearly 25 percent in 2011, a New York City fiscal watchdog estimated on ...

Fri, March 02, 2012

Insight: Wall Street, Fed face off over physical commodities

By David Sheppard, Jonathan Leff and Josephine Mason

NEW YORK (Reuters) - Wall Street's biggest banks are locked in an increasingly frantic struggle with ...

Fri, March 02, 2012

Obama taps New York donors despite Wall Street ire

By Alister Bull

NEW YORK (Reuters) - President Barack Obama returned to New York on Thursday for a series of high-end fundraising events, tapping Wall ...

Thu, March 01, 2012

Obama taps New York donors despite Wall Street ire

By Alister Bull

NEW YORK (Reuters) - President Barack Obama returned to New York on Thursday for a series of high-end fundraising events, tapping Wall ...

Wed, February 29, 2012

Staples 4th-quarter profit beats Wall Street estimates

(Reuters) - Staples Inc , the largest U.S. office supply chain, reported a quarterly profit that narrowly beat analysts' estimates, helped by a slight increase ...

Tue, February 28, 2012

Peaceful rally in New York to "reboot" anti-Wall Street movement

By Gianna Palmer

NEW YORK (Reuters) - Celebrities joined about 200 people gathered peacefully on Tuesday for what they called a "reboot" of the dormant ...

Tue, February 21, 2012

Kraft sees growth despite pruning products

By Martinne Geller

(Reuters) - Kraft Foods Inc forecast earnings growth of at least 9 percent this year even as it prunes its portfolio of ...

Tue, February 21, 2012

Wall Street up on jobs data, brushes off Greek default

By Angela Moon

NEW YORK (Reuters) - Stocks advanced on Friday as investors brushed off the technical default by Greece and focused instead on another ...

Fri, February 17, 2012

Campbell Soup profit tops Wall Street estimates

(Reuters) - Campbell Soup Co reported better-than-expected quarterly profit on Friday, citing progress in its plan to turnaround its sagging U.S. soup business.

Its ...

Thu, February 16, 2012

Discovery profit beats Street, outlook falls short

By Yinka Adegoke

(Reuters) - Discovery Communications posted a higher-than-expected fourth-quarter profit on Thursday, helped by strong advertising and carriage fee growth at its domestic ...

Thu, February 16, 2012

Discovery profit beats Street, outlook falls short

By Yinka Adegoke

(Reuters) - Discovery Communications posted a higher-than-expected fourth-quarter profit on Thursday, helped by strong advertising and carriage fee growth at its domestic ...

Wed, February 15, 2012

Nvidia warns of chip supplies and loss of Samsung

By Noel Randewich

SAN FRANCISCO (Reuters) - Nvidia Corp warned that delays in ramping up new manufacturing technology are affecting sales of its PC graphics ...

Wed, February 15, 2012

Fed's Fisher says economy brighter, no need for QE3

(Reuters) - Dallas Federal Reserve Bank President Richard Fisher said on Thursday U.S. economic conditions were improving and repeated his view that further easing ...

Wed, February 15, 2012

Comcast profit beats Street on subscriber gains

By Yinka Adegoke

(Reuters) - Comcast Corp posted a better-than-expected rise in quarterly profit driven by strong subscriber additions, though it was tempered by weak ...

Tue, February 14, 2012

Zynga warning on player spending hits shares

(Reuters) - Zynga Inc's shares fell 16 percent on Wednesday, amid heavy volumes, after the social gaming company warned of a slowdown in bookings ...

Tue, February 14, 2012

Wall Street fights back against expert witness in lawsuits

By Suzanne Barlyn

(Reuters) - For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of ...

Mon, February 13, 2012

Wall Street likes Monti, but still wary of Italy

By Tiziana Barghini

NEW YORK (Reuters) - A long, standing ovation greeted Italy's Mario Monti when he entered the packed Card Room on the ...

Fri, February 10, 2012

LyondellBasell results miss Street; shares slump

By Ernest Scheyder

(Reuters) - Chemical maker LyondellBasell Industries NV's quarterly operating profit fell far short of Wall Street's expectations as refining margins ...

Fri, February 10, 2012

Ex-BofA McNicholas joins State Street as sales head

HONG KONG (Reuters) - State Street Corp has hired former Bank of America Corp's executive Dan McNicholas as head of sales for its alternative ...

Wed, February 08, 2012

News Corp profit beats Street forecasts

By Yinka Adegoke

(Reuters) - Rupert Murdoch's News Corp posted a better-than-expected quarterly profit on Wednesday driven by strong growth at its cable networks ...

Tue, February 07, 2012

Coca-Cola beats Street, eyes cost savings

By Martinne Geller

NEW YORK (Reuters) - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program that it will use to boost ...

Mon, February 06, 2012

Humana forecast is below Street view; shares fall

By Lewis Krauskopf

(Reuters) - Humana Inc forecast a profit for this year below Wall Street estimates, suggesting that investors may be overestimating how much ...

Fri, February 03, 2012

Wall Street analysts struggle to predict Apple

By Poornima Gupta and Noel Randewich

SAN FRANCISCO (Reuters) - By day, Robert Leitao manages a Catholic church in Southern California. By night, he indulges ...

Thu, February 02, 2012

THQ misses Street on weak game sales, cuts forecast

By Liana B. Baker

Feb 2 - THQ Inc's cut its annual earnings forecast on Thursday and told investors it would become a much ...

Thu, February 02, 2012

Kellogg and Sara Lee beat Street

By Martinne Geller

(Reuters) - U.S. food companies Kellogg Co and Sara Lee Corp reported better-than-expected quarterly results on Thursday and stood by their ...

Wed, February 01, 2012

JPMorgan wows Wall Street with Facebook IPO win

By Nadia Damouni

NEW YORK (Reuters) - JPMorgan Chase & Co surprised Wall Street by winning a leading role in Facebook's much anticipated public offering, besting other banks that have competed for months for the coveted position.

Morgan Stanley, JPMorgan and Goldman Sachs Group Inc got the lead roles in the IPO, while Bank of America Merrill Lynch, Barclays Capital and Allen & Co also landed underwriting roles.

The banks were told that they had all made the cut during a commitment meeting on Tuesday, two sources familiar with the situation said. Generally, banks assuming these roles are told months in advance of a company filing for an initial public offering.

Facebook submitted its IPO documents to the U.S. Securities and Exchange Commission on Wednesday. The company expects to raise targeted $5 billion.

Two other sources familiar with the matter said on Wednesday that JPMorgan's months of schmoozing with Facebook executives paid off in the end. JPMorgan is ranked No. 4 among banks that advised on U.S. technology IPOs in 2011.

JPMorgan's Chief Executive Jamie Dimon, veteran rainmaker Jimmy Lee and other senior executives courted Facebook's Chief Operating Officer Sheryl Sandberg and Chief Financial Officer David Ebersman over the last year to help pave the way for the offering. Ebersman is leading the IPO process, one of the sources said.

As recently as December, Dimon visited Facebook's headquarters in Palo Alto, California, to establish its position within the team of bookrunners, the sources said.

Lee has had a business relationship with Sandberg for years, which has allowed him to learn about Facebook's culture among senior executives, one of the sources said.

Both Dimon and Lee saw Facebook as one of the next "Blue Chips," and JPMorgan stepped in early to build a commercial relationship, including spending millions of dollars to help Facebook build a data center, the source said.

The hard-won mandate is likely to bode well for JPMorgan's league table rankings.

Currently, JPMorgan is ranked after Morgan Stanley, Deutsche Bank and Goldman Sachs in the league tables for U.S. listed technology IPOs, according to Thomson Reuters data.

This counts because the banks may be doing the deal more for prestige than money. Facebook's IPO could set a new standard for how much investment banks are willing to lower their advisory fees to win big business [ID:nL2E8CQEDA].

Banks may offer their underwriting services for as little as 1 percent of gross proceeds, sources have said, compared with the 7 percent fee that smaller deals typically fetch, or the 2 or 3 percent that large deals tend to command.

The underwriters established their relationship with the social network company over the last year through investments and loans.

In December 2010 and January 2011, Goldman Sachs purchased 69.5 million shares of Facebook's Class A common stock for $1.45 billion, according to filing. In 2010 and 2011, Morgan Stanley purchased shares of Facebook's Class B common stock.

A year ago, Facebook entered into a credit agreement with five lenders, including Morgan Stanley, JPMorgan, Goldman Sachs, Bank of America Merrill Lynch, and Barclays to borrow up to $1.5 billion in revolving loans, according to the filing.

In September 2011, the credit agreement was amended to increase the borrowing capacity to $2.5 billion, the filing said.

(Reporting By Nadia Damouni; Additional reporting by Alistair Barr and Stephen Lacey; editing by Paritosh Bansal)

Wed, February 01, 2012

GT Advanced Q3 beats Street estimates

(Reuters) - GT Advanced Technologies posted quarterly profit above analysts' estimates for the ninth time in a row, partly helped by better performance at its ...

Wed, February 01, 2012

Qualcomm handily beats Street, shares rise

By Sinead Carew

NEW YORK (Reuters) - Qualcomm Inc's quarterly profit easily beat Wall Street forecasts and the wireless chip leader raised its full-year ...

Wed, February 01, 2012

AOL profit beats Wall Street expectations

(Reuters) - AOL Inc posted a drop in fourth-quarter profit, but beat Wall Street forecasts as a rise in display advertising offset an ongoing decline ...

Tue, January 31, 2012

Anti-Wall Street protester's Twitter posts subpoenaed

By Joseph Ax

NEW YORK (Reuters) - Prosecutors have subpoenaed the Twitter records of an Occupy Wall Street protester who was arrested in October during ...

Tue, January 31, 2012

Seagate Technology Q2 beats Street on margins

(Reuters) - Hard drive maker Seagate Technology's posted better-than-expected quarterly earnings on strong margins, and followed rival Western Digital Corp in signaling a recovery ...

Tue, January 31, 2012

Exxon narrowly beats, but production falls short

By Ernest Scheyder and Braden Reddall

(Reuters) - Exxon Mobil Corp reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales ...

Tue, January 31, 2012

UPS profit tops Street view, sees 2012 growth

By Lynn Adler

(Reuters) - United Parcel Service posted a better-than-expected quarterly profit on Tuesday and forecast 9 percent to 15 percent growth this year ...

Mon, January 30, 2012

Superior And Wisconsin Will Partner For Belknap Improvements

SUPERIOR, WI (KDAL) -  At a news conference on Monday, Wisconsin Department of Transportation Secretary Mark Gottlieb and Superior Mayor Bruce Hagen announced plans for ...

Mon, January 30, 2012

Wall Street ends week higher before Greece decision

By Chuck Mikolajczak

NEW YORK (Reuters) - U.S. stocks edged higher on Friday, but investors stayed cautious before a long holiday weekend when hopes ...

Fri, January 27, 2012

Quest for the golden cross

By Rodrigo Campos

NEW YORK (Reuters) - January has turned out to be strong for stocks with just two trading days to go. If you ...

Thu, January 26, 2012

3M profit tops Wall Street estimates

By Nick Zieminski

(Reuters) - 3M Co reported higher-than-expected quarterly earnings on Thursday as demand from industrial and transport markets offset weak sales to makers ...

Wed, January 25, 2012

Netflix wins over Wall Street with subscriber growth

(Reuters) - Netflix Inc won back Wall Street's affections on Thursday after adding more U.S. subscribers than expected in the fourth quarter, a ...

Wed, January 25, 2012

Delta, US Air beat Street views on higher fares

By Deepa Seetharaman

(Reuters) - Delta Air Lines and US Airways Group reported much stronger-than-expected fourth-quarter results on Wednesday as both carriers raised fares, offsetting ...

Wed, January 25, 2012

Manufacturers top Street's profit forecasts

By Scott Malone and Nick Zieminski

(Reuters) - Three major U.S. manufacturers reported better-than-expected profit and stuck to their forecasts of earnings growth this ...

Tue, January 24, 2012

Analysis: Wall Street puzzles over Google's new direction

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Google Inc, which revolutionized Internet searches with an easy-to-use website, has itself become an increasingly tricky business to ...

Tue, January 24, 2012

Instant view: Apple blows away Wall Street, again

(Reuters) - Apple Inc's quarterly earnings and forecasts easily beat Wall Street's estimates, helping the technology giant's shares up 7 percent after ...

Tue, January 24, 2012

Stellar Apple results point to a good year ahead

By Supantha Mukherjee

(Reuters) - Apple Inc shares surged the most in more than three years, after skyrocketing iPhone and iPad sales helped it smash ...

Tue, January 24, 2012

Obama pitches tax, jobs ideas on campaign-style tour

By Caren Bohan

CHANDLER, Arizona (Reuters) - President Barack Obama took his State of the Union tax and job ideas on the road on Wednesday ...

Mon, January 23, 2012

VMware profit beats Street view, shares rise

BOSTON (Reuters) - Software maker VMware Inc reported profit ahead of Wall Street expectations and released an outlook ahead of some forecasts, raising hopes that ...

Mon, January 23, 2012

TI says chip demand is improving; to close 2 factories

By Sinead Carew

(Reuters) - Texas Instruments Inc reported better-than-expected fourth-quarter chip sales as customers in a broad array of industries replenished depleted inventories.

TI ...

Mon, January 23, 2012

Wall Street cuts losses on late buying

By Angela Moon

NEW YORK (Reuters) - Stocks trimmed losses to end little changed on Friday, as investors saw dips in the market as an ...

Thu, January 19, 2012

Intel shakes up management, appoints COO

By Noel Randewich

SAN FRANCISCO (Reuters) - Intel Corp unveiled a string of management changes on Friday, elevating 20-year company veteran and manufacturing expert Brian ...

Thu, January 19, 2012

Rare Google misstep hints at tech landscape shift

By Alexei Oreskovic and Soham Chatterjee

SAN FRANCISCO (Reuters) - Google Inc's accelerated efforts to carve out a position in the fast-growing mobile and ...

Thu, January 19, 2012

Wall Street shed 2,000 jobs in December

(Reuters) - Wall Street axed 2,000 workers in December as poor profits led companies to slice expenses, the biggest reduction since last summer when ...

Thu, January 19, 2012

Morgan Stanley beats expectations with cost cuts

By Lauren Tara LaCapra

(Reuters) - A pricey settlement over bond insurance pushed Morgan Stanley into the red in the fourth quarter, but the Wall ...

Wed, January 18, 2012

EBay cautious in short run as Europe weighs

By Alistair Barr

SAN FRANCISCO (Reuters) - EBay Inc gave a conservative quarterly sales forecast despite unveiling better-than-expected results, warning that a weak European economy ...

Wed, January 18, 2012

Wall Street stars exit as firms, pay shrink

By Lauren Tara LaCapra

(Reuters) - As Wall Street banks sharply cut costs, many of the industry's star bankers and traders are leaving their ...

Wed, January 18, 2012

Goldman beats Street on lower expenses

By Lauren Tara LaCapra

(Reuters) - Goldman Sachs Group Inc's fourth-quarter profit fell 56 percent as trading and investment banking revenue plunged, but the ...

Tue, January 17, 2012

Citi's turnaround plan hits euro crisis speedbump

By David Henry

(Reuters) - The European debt crisis interrupted the plans of Citigroup Inc Chief Executive Vikram Pandit to rebuild the bank, which reported ...

Fri, January 13, 2012

It's earnings vs Europe for stocks

By Ryan Vlastelica

NEW YORK (Reuters) - U.S. stock investors will return to a tug of war between signs of domestic strength and overseas ...

Tue, January 10, 2012

Wall Street banks curb economic growth forecasts

WASHINGTON (Reuters) - Wall Street banks lowered their outlook for U.S. economic growth due to concerns over the European debt crisis, oil prices, regulatory ...

Fri, January 06, 2012

Focus shifts back to U.S. earnings

By Caroline Valetkevitch

NEW YORK (Reuters) - Stocks have strayed from their recent link to euro moves, and the start of U.S. corporate earnings ...

Thu, January 05, 2012

Family Dollar sales miss Street view, shares slip

By Jessica Wohl

(Reuters) - Family Dollar Stores Inc's quarterly sales rose less than expected, and its shares fell 3 percent in after-hours trading ...

Thu, January 05, 2012

Wall Street gurus find predictions game getting harder

By Joseph A. Giannone and Jessica Toonkel

NEW YORK (Reuters) - With every new year come a new round of bold predictions for financial markets ...

Wed, January 04, 2012

Mosaic quarterly earnings beat Street's forecast

By Ernest Scheyder

NEW YORK (Reuters) - Fertilizer producer Mosaic posted a higher-than-expected quarterly profit as higher prices helped offset a dip in phosphate sales ...

Tue, January 03, 2012

Progress Q1 outlook misses street view, shares down 9

(Reuters) - Business software maker Progress Software Corp forecast first-quarter earnings below analyst expectations, as some of its customers continue to delay investments amid macroeconomic ...

Mon, January 02, 2012

Anti-Wall Street protesters make a show at Rose Parade

By Hillel Aron

PASADENA, Calif (Reuters) - Hundreds of anti-Wall Street protesters sought to upstage the 123rd Tournament of Roses parade on Monday but were ...

Sun, January 01, 2012

New York police arrest dozens of anti-Wall Street protesters

(Reuters) - New York police arrested 68 people overnight after anti-Wall Street protesters streamed back into Manhattan's Zuccotti Park and toppled security barricades on ...

Fri, December 30, 2011

You thought 2011 was tough?

By Edward Krudy

NEW YORK (Reuters) - Shaky Europe. Political gridlock. Volatile markets.

Familiar themes for those who lived through 2011, and investors should be ...

Thu, December 22, 2011

What will Santa leave in Wall Street's stocking?

By Angela Moon

NEW YORK (Reuters) - Wall Street may not be on Santa Claus's list for presents this year.

The "Santa Claus rally ...

Thu, December 22, 2011

Wall Street job, bonus cuts to hurt growth: report

(Reuters) - As Wall Street traders cheered positive jobs data on Thursday, they seemed to ignore layoffs and bonus cuts on their own trading floors ...

Wed, December 21, 2011

NYC pension funds want tougher Wall Street clawbacks

(Reuters) - New York City's pension funds want three big Wall Street banks to impose tougher compensation-clawback rules for top executives.

NYC Pension Funds ...

Tue, December 20, 2011

Fed proposes rules to tame Wall Street risk-taking

By Dave Clarke

WASHINGTON (Reuters) - The Federal Reserve proposed new rules on Tuesday to restrain risk-taking by the largest U.S. banks as it ...

Mon, December 19, 2011

Weaker Euro to hurt Red Hat Q4 revenue, shares fall

(Reuters) - Business software maker Red Hat Inc forecast fourth-quarter revenue largely below analysts' expectations hurt mainly by a weaker euro, sending its shares down ...

Thu, December 15, 2011

Adobe results beat Street view, shares rise

By Noel Randewich

Dec 15 (Reuters) - Software maker Adobe Systems Inc, the maker of Photoshop and Acrobat software, released quarterly results that beat Wall ...

Thu, December 15, 2011

Wall Street woes pressure NYC budget: NYS official

By Chip Barnett

NEW YORK (Reuters) - New York state is facing bigger budget deficits as the weak performance on Wall Street drags on the ...

Thu, December 15, 2011

FedEx profit beats Street, updating Boeing fleet

By Lynn Adler

(Reuters) - FedEx Corp beat its quarterly profit forecasts and is updating its fleet with fuel-efficient Boeing aircraft while delaying delivery of ...

Sun, December 11, 2011

Anti-Wall Street activists march on West Coast ports

By Laird Harrison and Emmett Berg

OAKLAND, Calif (Reuters) - Anti-Wall Street activists trying to shut down West Coast ports on Monday managed to close ...

Fri, December 09, 2011

DuPont expects 2012 profit to beat Street

By Ernest Scheyder

WILMINGTON, Delaware (Reuters) - DuPont expects to beat Wall Street's earnings expectation next year, with executives stressing that strong agricultural and ...

Thu, December 08, 2011

McDonald's November sales beat Street view

(Reuters) - McDonald's Corp reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China ...

Tue, December 06, 2011

Police take down Occupy San Francisco camp

By Noel Randewich

SAN FRANCISCO (Reuters) Police dismantled a tent city of Occupy protesters in downtown San Francisco early on Wednesday, arresting more than ...

Tue, December 06, 2011

Obama hits Republicans, Wall Street in populist speech

By Jeff Mason

OSAWATOMIE, Kansas (Reuters) - President Barack Obama blasted his Republican foes and Wall Street on Tuesday as he portrayed himself as a ...

Tue, December 06, 2011

Obama seeks stronger penalties for Wall St fraud

OSAWATOMIE, Kansas (Reuters) - President Barack Obama said on Tuesday he would call for legislation to strengthen penalties against Wall Street companies that break anti-fraud ...

Tue, December 06, 2011

Toll Brothers results beat Street, margins rise

(Reuters) - Luxury homebuilder Toll Brothers Inc reported higher-than-expected quarterly profit from greater margins, but its chief financial officer said real improvement will not occur ...

Fri, December 02, 2011

Anti-Wall Street camps lure U.S. homeless

By Laird Harrison

SAN FRANCISCO (Reuters) - Oscar Wesley McKinney doesn't carry a placard, and he doesn't chant slogans. He's not even ...

Fri, December 02, 2011

Security, amenities of Anti-Wall Street camps lure homeless

By Laird Harrison

SAN FRANCISCO (Reuters) - Oscar Wesley McKinney doesn't carry a placard, and he doesn't chant slogans. He's not even ...

Thu, December 01, 2011

Jackson Browne occupies Wall Street with song

By Chris Francescani

NEW YORK (Reuters) - Musicians Jackson Browne and Third Eye Blind serenaded a small group of tourists, police, fans and Occupy Wall ...

Wed, November 30, 2011

Police take down Occupy L.A. camp, arrest nearly 300

By Dan Whitcomb and Mary Slosson

LOS ANGELES (Reuters) - Police in riot gear and biohazard suits removed anti-Wall Street activists from their camp at ...

Tue, November 29, 2011

San Francisco offers anti-Wall Street protesters new camp site

By Laird Harrison

SAN FRANCISCO (Reuters) - San Francisco Mayor Ed Lee, seeking to lure anti-Wall Street activists from a downtown encampment, offered them an ...

Mon, November 28, 2011

Barney Frank, author of Wall St reform, to retire

By Andy Sullivan and Svea Herbst-Bayliss

(Reuters) - Barney Frank announced his retirement from Congress Monday, leaving fellow Democrats without their foremost defender of a ...

Fri, November 25, 2011

Dow and S&P 500 post best week since Christmas

By Caroline Valetkevitch

NEW YORK (Reuters) - Stocks posted their best week since Christmas, even with a mixed finish on Friday after strong earnings from ...

Wed, November 23, 2011

Video game taps into Occupy Wall Street

By Liana B. Baker

NEW YORK (Reuters) - When gamers take the wraps off the new "BioShock" video game next year, they should not be ...

Tue, November 22, 2011

Campbell yet to convince Street on soup turnaround

By Mihir Dalal

(Reuters) - Campbell Soup Co's efforts to turnaround its U.S. soups business have yet to convince Wall Street as it ...

Mon, November 21, 2011

Instant view: HP's Q4 beats Street view, shares bounce

(Reuters) - Hewlett-Packard's quarterly results beat Wall Street's expectations, while a weak 2012 earnings forecast underscores how the technology giant is heading into ...

Mon, November 21, 2011

Whitman's top job: restore HP credibility, jumpstart growth

By Poornima Gupta

SAN FRANCISCO (Reuters) - Hewlett Packard's new Chief Executive, Meg Whitman, passed her first test with investors, calming nerves and assuring ...

Mon, November 21, 2011

Two Occupy Wall Street protesters sue NY police

By Joseph Ax

NEW YORK (Reuters) - Two Occupy Wall Street protesters on Monday sued the New York police for false arrest and excessive force ...

Sat, November 19, 2011

Protests against military rule cloud Egypt election

By Alistair Lyon and Tom Perry

CAIRO (Reuters) - Protesters rallied again in Cairo on Sunday to try to evict Egypt's ruling generals, in ...

Fri, November 18, 2011

New York Occupy Wall Street protests face challenges

By Chris Francescani

NEW YORK (Reuters) - With just a few protesters huddled against the cold winds at Zuccotti Park on Friday, city officials are ...

Fri, November 18, 2011

Insight: The Wall Street disconnect

By Matthew Goldstein and Jennifer Ablan

NEW YORK (Reuters) - It was a telling moment at the height of the Occupy Wall Street protests.

John ...

Thu, November 17, 2011

Blue Coat Q2 beats Street, sees strong Q3

(Reuters) - Blue Coat Systems Inc posted quarterly results that whizzed past Wall Street estimates and forecast a strong third quarter, sending the Internet-monitoring gear ...

Thu, November 17, 2011

Anti-Wall Street protesters arrested at L.A. bank

By Alex Dobuzinskis

LOS ANGELES (Reuters) - Throngs of anti-Wall Street demonstrators snarled traffic by blocking a downtown Los Angeles street on Thursday, and later ...

Thu, November 17, 2011

Perry Ellis sees promotions hurting, shares slump

(Reuters) - Apparel maker Perry Ellis International Inc posted lower third-quarter earnings, lagging market estimates for the first time in at least two years, and ...

Thu, November 17, 2011

Ex-banker turned Hindu monk urges Wall Street to meditate

By Tom Heneghan, Religion Editor

(Reuters) - Rasanath Das, an ex-investment banker turned Hindu monk, was spending recent Sunday afternoons leading Occupy Wall Street protesters ...

Wed, November 16, 2011

NetApp sees Q3 profit below Street, shares fall

(Reuters) - Data storage equipment maker NetApp Inc reported a 6 percent dip in fiscal second-quarter profit and forecast lower than expected results for the ...

Wed, November 16, 2011

Nittany Lions on Wall Street still licking wounds

By Joseph A. Giannone

NEW YORK (Reuters) - The Penn State sex abuse scandal has prompted soul searching by many of its alumni on Wall ...

Tue, November 15, 2011

Home Depot outshines Lowe's again; ups outlook

By Dhanya Skariachan

(Reuters) - Home Depot Inc raised its fiscal-year outlook for the third time in six months as a host of efforts to ...

Tue, November 15, 2011

Sesame Street bosses on the hunt for first Gordon

Producers of the longrunning kids show have asked fans for help in tracking down the unnamed actor who played teacher Gordon Robinson in the ...

Tue, November 15, 2011

Authorities foil NY protest bid to shut Wall Street

By Chris Francescani and Aman Ali

NEW YORK (Reuters) - New York police prevented protesters from shutting down Wall Street on Thursday, arresting more than ...

Mon, November 14, 2011

Protesters hope to shut down New York's Wall Street

By Chris Francescani

NEW YORK (Reuters) - Protesters hope to shut down Wall Street on Thursday -- home to the New York Stock Exchange -- by holding ...

Mon, November 14, 2011

Wall Street falls for sixth day

By Angela Moon

NEW YORK (Reuters) - Stocks suffered a sixth straight day of losses on Wednesday as frustration over the euro zone's debt ...

Fri, November 04, 2011

Jonah Hill and Channing Tatum Bring Laughter to '21 Jump Street' Red Band Trailer

It can be said that the 21 Jump Street movie has been in the works for over two decades. But that probably won't ...

Wed, November 02, 2011

U.S. tries "hip hop" diplomacy in Pakistan

By Chris Allbritton

ISLAMABAD (Reuters) - Considered by many Pakistanis to be public enemy number one, the United States on Monday turned to the musical ...

Thu, October 27, 2011

Ruffalo talks environment at Occupy Wall Street

The Shutter Island star was scouting for volunteers to join him at an upcoming rally against the Keystone XL Pipeline, which would stretch from ...

Wed, October 26, 2011

Ruffalo talks environment at Occupy Wall Street

The Shutter Island star was scouting for volunteers to join him at an upcoming rally against the Keystone XL Pipeline, which would stretch from ...

Wed, October 26, 2011

Update: Watch 5 Minutes of MTV's 'True Life: I'm Occupying Wall Street'

Update: We now have a preview clip that includes five minutes of the MTV Occupy Wall Street Special. Watch it at the bottom of ...

Mon, October 24, 2011

Brand hopes Wall Street demo will prompt social change

Thousands of activists are camping out at Zuccotti Park in Manhattan's famous financial district to call for an end to corporate greed, and ...

Mon, October 24, 2011

Brand and Perry support Wall Street demo

Thousands of protesters are camping out at Zuccotti Park in Manhattan's famous financial district to call for an end to corporate greed, and ...

Sun, October 23, 2011

Brand hopes Wall Street demo will prompt social change

Thousands of activists are camping out at Zuccotti Park in Manhattan's famous financial district to call for an end to corporate greed, and ...

Sun, October 23, 2011

Brand and Perry support Wall Street demo

Thousands of protesters are camping out at Zuccotti Park in Manhattan's famous financial district to call for an end to corporate greed, and ...

Sat, October 22, 2011

Brand hopes Wall Street demo will prompt social change

Thousands of activists are camping out at Zuccotti Park in Manhattan's famous financial district to call for an end to corporate greed, and ...

Sat, October 22, 2011

Brand and Perry support Wall Street demo

Thousands of protesters are camping out at Zuccotti Park in Manhattan's famous financial district to call for an end to corporate greed, and ...

Fri, October 21, 2011

Brand and Perry support Wall Street demo

Thousands of protesters are camping out at Zuccotti Park in Manhattan's famous financial district to call for an end to corporate greed, and ...

Fri, October 21, 2011

'The Dark Knight Rises' to Film Around Occupy Wall Street Protests

Those currently involved in the Occupy Wall Street protests would likely not be too keen on a Bruce Wayne type: a frivolous millionaire and ...

Fri, October 21, 2011

MTV Wants the Occupy Wall Street Protestors for the 'Real World' Cast

There is a pretty uncompromising divide between those who support the Occupy Wall Street protests and those who oppose them. Those who claim that ...

Fri, October 21, 2011

Baldwin visits Occupy Wall Street camp base

Thousands of demonstrators have taken to the streets to call for social equality and an end to corporate greed as part of the Occupy ...

Thu, October 20, 2011

'The Dark Knight Rises' to Film Around Occupy Wall Street Protests

Those currently involved in the Occupy Wall Street protests would likely not be too keen on a Bruce Wayne type: a frivolous millionaire and ...

Thu, October 20, 2011

MTV Wants the Occupy Wall Street Protestors for the 'Real World' Cast

There is a pretty uncompromising divide between those who support the Occupy Wall Street protests and those who oppose them. Those who claim that ...

Thu, October 20, 2011

Baldwin visits Occupy Wall Street camp base

Thousands of demonstrators have taken to the streets to call for social equality and an end to corporate greed as part of the Occupy ...

Wed, October 19, 2011

'The Dark Knight Rises' to Film Around Occupy Wall Street Protests

Those currently involved in the Occupy Wall Street protests would likely not be too keen on a Bruce Wayne type: a frivolous millionaire and ...

Wed, October 19, 2011

Sesame Street's YouTube.com account redirected to porn site

A hacker replaced all links to the children show's YouTube page on Sunday (16Oct11) and instead connected unsuspecting web viewers to an X-rated ...

Tue, October 18, 2011

Sesame Street's YouTube.com account redirected to porn site

A hacker replaced all links to the children show's YouTube page on Sunday (16Oct11) and instead connected unsuspecting web viewers to an X-rated ...

Fri, October 14, 2011

Wall Street sit-in goes global Saturday

By Alastair Macdonald

LONDON (Reuters) - For an October revolution, dress warm. That's the word going out - politely - on the Web to rally street ...

Fri, October 14, 2011

Cusack supports Occupy Wall Street protest

The Being John Malkovich star joined hundreds of campaigners in the ongoing Occupy Wall Street march calling for an end to corporate greed and ...

Thu, October 13, 2011

College students echo Occupy Wall Street with protests

By Ros Krasny

BOSTON (Reuters) - Anger at high tuition bills and a lack of jobs propelled U.S. college students into streets and quadrangles ...

Thu, October 13, 2011

Soros: not a funder of Wall Street protests

By Mark Egan and Michelle Nichols

NEW YORK (Reuters) - George Soros isn't a financial backer of the Wall Street protests, despite speculation by ...

Thu, October 13, 2011

Analysis: Wall Street banks profit from their weakness

By Lauren Tara LaCapra

NEW YORK (Reuters) - The tempestuous bond markets of the third quarter could result in surprising gains for U.S. banks ...

Thu, October 13, 2011

Who's behind the Wall Street protests?

By Mark Egan and Michelle Nichols

NEW YORK (Reuters) - Anti-Wall Street protesters say the rich are getting richer while average Americans suffer, but the ...

Thu, October 13, 2011

Cusack supports Occupy Wall Street protest

The Being John Malkovich star joined hundreds of campaigners in the ongoing Occupy Wall Street march calling for an end to corporate greed and ...

Thu, October 13, 2011

Depp takes a tumble in L.A. street

The Pirates of the Caribbean star spent the evening at 25 Degrees in Hollywood and as he left the venue he stopped to sign ...

Thu, October 13, 2011

Kanye West Attends Occupy Wall Street, Says Nothing

Occupy Wall Street has been going on for almost a month here in NYC, and in case you haven't heard about it, it ...

Thu, October 13, 2011

Jackson speaks out in support of Occupy Wall Street campaigners

Demonstrators have been protesting against big business as part of the Occupy Wall Street initiative for the past three weeks, and celebrities like Russell ...

Wed, October 12, 2011

Most Americans aware of Wall Street protests: Reuters/Ipsos

WASHINGTON (Reuters) - A strong majority of Americans are aware of the "Occupy Wall Street" protests against U.S. economic inequality and a majority either ...

Wed, October 12, 2011

Depp takes a tumble in L.A. street

The Pirates of the Caribbean star spent the evening at 25 Degrees in Hollywood and as he left the venue he stopped to sign ...

Tue, October 11, 2011

How Wall Street is responding, or not, to protests

By Lauren Tara LaCapra

NEW YORK (Reuters) - Since the Occupy Wall Street movement kicked off last month, big banks and their employees seem to ...

Tue, October 11, 2011

About 175 arrested early Sunday in Chicago protest

By Roy Strom

CHICAGO (Reuters) - Police arrested around 175 demonstrators at a nascent protest camp in a downtown Chicago park early on Sunday, hauling ...

Tue, October 11, 2011

Google jumps as investors cheer mobile growth

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Google Inc's free Android smartphone software, already a big hit with consumers, is starting to win the ...

Tue, October 11, 2011

World intrigued by "Occupy Wall Street" movement

By Peter Millership

LONDON (Reuters) - Tahrir Square in Cairo, Green Square in Tripoli, Syntagma Square in Athens and now Zuccotti Park in New York ...

Tue, October 11, 2011

U.S. reveals Volcker rule's murky ban on Wall St bets

By Dave Clarke and Alexandra Alper

WASHINGTON (Reuters) - U.S. regulators unveiled a ban on Wall Street banks' trading for their own profit, but ...

Tue, October 11, 2011

Analysis: Wall St. action part of global "Arab Spring?"

By Peter Apps, Political Risk Correspondent

LONDON (Reuters) - After the "Arab Spring" and unrest in Europe, New York's "Occupy Wall Street" movement may ...

Tue, October 11, 2011

Wall St jobs, bonus outlook dims for 2011

By Clare Baldwin and Holly McKenna

(Reuters) - Wall Street cash bonuses are likely to drop for the second year in a row, the New ...

Mon, October 10, 2011

Dick Gregory says Occupy Wall Street has whiff of 1960s

By Ian Simpson

WASHINGTON (Reuters) - Veteran comic and activist Dick Gregory said the Occupy Wall Street demonstrations were reminiscent of the 1960s civil rights ...

Mon, October 10, 2011

European Pledge Sparks Wall Street Rally

NEW YORK (Reuters) - Stocks rallied on Monday as investor sentiment was buoyed by a pledge by German and French leaders to tackle the Euro ...

Mon, October 10, 2011

Thousands in Chicago protest financial industry

By Mary Wisniewski and Ann Saphir

CHICAGO (Reuters) - Thousands of people including teachers, religious leaders and union workers marched in downtown Chicago on Monday ...

Fri, October 07, 2011

Wall Street CEOs may be in Volcker rule crosshairs

By Dave Clarke

WASHINGTON (Reuters) - Regulators are considering holding Wall Street chief executives legally liable if they allow certain types of proprietary trading on ...

Fri, October 07, 2011

Ivy League professors speak to anti-Wall Street protesters

By Lauren Keiper

BOSTON (Reuters) - Ivy League professors dropped by anti-Wall Street protest camps in Boston and New York on Friday to school the ...

Thu, October 06, 2011

GE Capital CEO "sympathetic" to Wall Street protests

COLUMBUS, Ohio (Reuters) - The head of General Electric Co's finance arm is "sympathetic" to the protesters who have taken to the streets of ...

Thu, October 06, 2011

Obama chides banks, taps anger over Wall Street

By Jeff Mason and Alister Bull

WASHINGTON (Reuters) - President Barack Obama launched an onslaught against banks and Republicans on Thursday for working to block ...

Wed, October 05, 2011

Romney could get bump from Christie nod

By Jason McLure

LEBANON, New Hampshire (Reuters) - Republican presidential candidate Mitt Romney got a big boost on Tuesday with an endorsement from New Jersey ...

Wed, October 05, 2011

Anti-Wall Street protests spur political debate

By R.T. Watson

LOS ANGELES (Reuters) - Growing protests targeting Wall Street and U.S. economic inequality spawned heated rhetoric among politicians on Sunday ...

Tue, October 04, 2011

Park base helps anti-Wall Street protest endure

By Basil Katz

NEW YORK (Reuters) - Anti-Wall Street protesters seem to have made a serendipitous choice by picking a small park in lower Manhattan ...

Tue, October 04, 2011

To occupy Wall Street, occupy the internet first

By Ben Berkowitz

NEW YORK (Reuters) - In 2011 in America, what passes for a revolution is a frightening tangle of wires, power strips, routers ...

Tue, October 04, 2011

Protests born on Wall Street spreading nationwide

By Ellen Wulfhorst

NEW YORK (Reuters) - Anti-Wall Street protests that took shape in New York weeks ago, prompting hundreds of arrests, have spread across ...

Tue, October 04, 2011

Hungry Muppet to appear on "Sesame Street"

LOS ANGELES (Reuters) - A new poverty-stricken Muppet will highlight the issue of hunger struggles on an episode of "Sesame Street", the show said in ...

Tue, October 04, 2011

"Wolf of Wall Street" says his story offers lesson

By Cathy Yang

HONG KONG (Reuters) - Jordan Belfort, a former trader who ended up in jail in the 1990s for defrauding investors out of ...

Sun, October 02, 2011

Anti-Wall Street protesters vow to keep up fight

By Ray Sanchez

NEW YORK (Reuters) - Anti-Wall Street protesters vowed to keep up their fight on Sunday despite the arrests of more than 700 ...

Fri, September 30, 2011

More than 700 arrested in Wall Street protest

By Ray Sanchez

NEW YORK (Reuters) - Police reopened the Brooklyn Bridge Saturday evening after more than 700 anti-Wall Street protesters were arrested for blocking ...

Fri, September 30, 2011

Awful quarter for Wall Street may be only the beginning

By Ryan Vlastelica

NEW YORK (Reuters) - This past quarter was miserable for bullish U.S. stock investors. The bad news is, things may get ...

Fri, September 30, 2011

Wall Street protesters set to march on police

By Ray Sanchez

NEW YORK (Reuters) - Protesters who have camped out near Wall Street for two weeks gathered on Friday to march to police ...

Thu, September 29, 2011

Wall Street now home to protest campground

By Ray Sanchez

NEW YORK, September 29 - A standoff near Wall Street between protesters opposed to what they say is corporate greed and police ...

Wed, September 28, 2011

North Street Capital to buy Spyker cars: source

AMSTERDAM (Reuters) - U.S.-based private equity firm North Street Capital has agreed to buy Dutch luxury car maker Spyker from its parent company ...

Sat, September 24, 2011

Protesters march in Manhattan, criticizing Wall Street

By Ray Sanchez

NEW YORK (Reuters) - Several hundred marchers wound their way through the streets of lower Manhattan on Saturday in the latest of ...

Sat, September 24, 2011

Wall St Week Ahead: Earnings calls wake up to Wall Street pain

By Claire Sibonney

NEW YORK (Reuters) - Earnings forecasts for U.S. companies are starting to feel the pain on Wall Street and in the ...

Tue, September 20, 2011

British editors appeal to government not to crush Fleet Street

By Michael Stott and Kate Holton

LONDON (Reuters) - British newspaper editors, in crisis after revelations of illegal phone-hacking and other ethical lapses, recognized on ...

Tue, September 20, 2011

Adobe forecast surprises Wall Street, shares rise

By Siddharth Cavale and Himank Sharma

(Reuters) - Design software maker Adobe Systems Inc's sales outlook for the fourth quarter was buoyed by new ...

Tue, September 20, 2011

Oracle expects strong Q2, firms up tech outlook

By Sinead Carew and Edwin Chan

(Reuters) - Oracle Corp forecast earnings for the current quarter that are higher than expected, as well as robust ...

Mon, September 19, 2011

"Rage" against Wall Street power clogs sidewalks

By Paula Rogo

NEW YORK (Reuters) - Protesters complaining about the power of the financial industry staged noisy demonstrations that slowed pedestrian traffic on Wall ...

Fri, September 16, 2011

Suspicious trades probed on Wall Street: regulator

By Jonathan Spicer

NEW YORK (Reuters) - A Wall Street regulator said industry complaints about market manipulation and trade reporting have spiked this year, raising ...

Fri, September 16, 2011

Timberlake wore Sesame Street disguise to Comic-Con

The singer-turned-actor went incognito in an Ernie disguise to tour the pop culture convention in San Diego, California with reporter Chris Jones, who donned ...

Thu, September 15, 2011

Timberlake wore Sesame Street disguise to Comic-Con

The singer-turned-actor went incognito in an Ernie disguise to tour the pop culture convention in San Diego, California with reporter Chris Jones, who donned ...

Thu, September 15, 2011

Margera detained by cops after street brawl

Cops tracked the stuntman down as he walked away from the altercation after the driver flagged down a passing patrol car.

But Margera insisted ...

Wed, September 14, 2011

Investors fail to bite at Microsoft Wall Street pow-wow

ANAHEIM, California (Reuters) - A rising tide of investor agitation over Microsoft Corp's static share price and bulging cash hoard made no mark at ...

Wed, September 14, 2011

Margera detained by cops after street brawl

Cops tracked the stuntman down as he walked away from the altercation after the driver flagged down a passing patrol car.

But Margera insisted ...

Tue, September 13, 2011

Cisco slashes sales outlook, enters new era

By Alistair Barr and Sinead Carew

SAN FRANCISCO/NEW YORK (Reuters) - Cisco Systems Inc slashed its long-term forecasts, acknowledging an end to an era ...

Mon, September 12, 2011

Analysis: Bernanke's shrinking gift to Wall Street

By Lauren Tara LaCapra

NEW YORK (Reuters) - Wall Street could make $100 million from the Federal Reserve's next bond market maneuver, but that ...

Mon, September 12, 2011

Carrey happy to pay for city workers to remove his street art

Workers painted over the art the funnyman had sprayed on the outside wall of his West Village creative base, which he has dubbed the ...

Mon, September 12, 2011

Ryan Gosling Explains Street-Fight Video

Last month, Ryan Gosling appeared -- or appeared to appear -- in a poorly shot video in which he broke up a street fight in New ...

Mon, September 12, 2011

Gosling 'embarrassed' after splitting up street fight

The Notebook star was strolling through the streets of the Big Apple's East Village when he spotted two men brawling in the middle ...

Sun, September 11, 2011

Carrey happy to pay for city workers to remove his street art

Workers painted over the art the funnyman had sprayed on the outside wall of his West Village creative base, which he has dubbed the ...

Sun, September 11, 2011

Ryan Gosling Explains Street-Fight Video

Last month, Ryan Gosling appeared -- or appeared to appear -- in a poorly shot video in which he broke up a street fight in New ...

Sun, September 11, 2011

Gosling 'embarrassed' after splitting up street fight

The Notebook star was strolling through the streets of the Big Apple's East Village when he spotted two men brawling in the middle ...

Sat, September 10, 2011

Carrey happy to pay for city workers to remove his street art

Workers painted over the art the funnyman had sprayed on the outside wall of his West Village creative base, which he has dubbed the ...

Sat, September 10, 2011

Ryan Gosling Explains Street-Fight Video

Last month, Ryan Gosling appeared -- or appeared to appear -- in a poorly shot video in which he broke up a street fight in New ...

Sat, September 10, 2011

Gosling 'embarrassed' after splitting up street fight

The Notebook star was strolling through the streets of the Big Apple's East Village when he spotted two men brawling in the middle ...

Fri, September 09, 2011

Krawcheck seen bidding final adieu to Wall Street

By Jessica Toonkel and Ashley Lau

NEW YORK (Reuters) - Don't expect to see Sallie Krawcheck at the helm of another Wall Street bank ...

Fri, September 09, 2011

Ryan Gosling Explains Street-Fight Video

Last month, Ryan Gosling appeared -- or appeared to appear -- in a poorly shot video in which he broke up a street fight in New ...

Fri, September 09, 2011

Gosling 'embarrassed' after splitting up street fight

The Notebook star was strolling through the streets of the Big Apple's East Village when he spotted two men brawling in the middle ...

Mon, September 05, 2011

Wall Street, finishing flat, posts 4 weeks of gains

By Chuck Mikolajczak

NEW YORK (Reuters) - Stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market ...

Fri, September 02, 2011

Campbell profit beats Street as promotions decline

By Martinne Geller

NEW YORK (Reuters) - Campbell Soup Co reported higher-than-expected quarterly results on Friday, helped by fewer profit-sapping promotions in its long-struggling U ...

Thu, September 01, 2011

Wall Street cash shifts to Romney from Obama

By Kim Dixon

WASHINGTON (Reuters) - Wall Street money is heavily favoring Republican presidential candidate Mitt Romney in the race to unseat President Barack Obama ...

Mon, August 29, 2011

U.S. rolls back rule requiring street sign changes

WASHINGTON (Reuters) - The Obama administration on Tuesday rolled back a proposal requiring states and local governments to replace street signs that did not comply ...

Mon, August 29, 2011

Wall St expected to open Monday

By Jonathan Spicer

NEW YORK (Reuters) - The U.S. stock market will open for a normal trading session on Monday, although with lower volume ...

Fri, August 26, 2011

Gosling spent cash to break up street brawl

The Notebook star was strolling through the streets of the East Village when he came across two men fighting in the middle of the ...

Thu, August 25, 2011

Gosling spent cash to break up street brawl

The Notebook star was strolling through the streets of the East Village when he came across two men fighting in the middle of the ...

Tue, August 23, 2011

New Medtronic CEO seeks R&D change, global growth

By Susan Kelly and Lewis Krauskopf

CHICAGO/NEW YORK (Reuters) - Medtronic Inc's new chief executive vowed to expand more internationally and improve returns ...

Mon, August 22, 2011

Corrected: Life after Wall Street: Ex-bankers answer

(This Aug. 17 story has been corrected in paragraph 1 to show that Adam Greene was a banker for 20 years, not 23 years ...

Sun, August 21, 2011

Layoffs sweep Wall Street, along with low morale

By Lauren Tara LaCapra

NEW YORK (Reuters) - In early summer, before layoffs began sweeping across Wall Street, billboard-sized photos of employees were plastered on ...

Fri, August 19, 2011

Rick Perry risks scaring Wall Street Republicans

By Kim Dixon and Patricia Zengerle

WASHINGTON (Reuters) - Presidential hopeful Rick Perry's brash appeal to the Republican Party's fiscally conservative base may ...

Fri, August 19, 2011

Insight: The madness of Wall Street

By Matthew Goldstein, Lauren Tara LaCapra, Jennifer Ablan and Joseph Giannone

NEW YORK (Reuters) - The best thing to be said of the recent stomach-churning ...

Thu, August 18, 2011

Caution on Main Street: retailers fret ahead of key sales season

By Nivedita Bhattacharjee

BANGALORE (Reuters) - Caution is the watchword for apparel executives heading into the all-important holiday season and their lack of confidence is ...

Thu, August 18, 2011

Caution on Main Street: retailers fret ahead of key

By Nivedita Bhattacharjee

BANGALORE (Reuters) - Caution is the watchword for apparel executives heading into the all-important holiday season and their lack of confidence is ...

Thu, August 18, 2011

GameStop's profit beats Street, shares recover

By Liana B. Baker

NEW YORK (Reuters) - GameStop Corp said its growth this year will be driven by a strong holiday lineup and customers ...

Wed, August 17, 2011

European software stocks leap on HP's Autonomy bid

LONDON (Reuters) - Shares in European software makers jumped in a falling market on Friday on hopes they were more likely bid targets after Hewlett-Packard ...

Wed, August 17, 2011

Target, other retailers beat estimates

By Jessica Wohl

CHICAGO (Reuters) - Target Corp reported a bigger-than-expected rise in quarterly profit and forecast a more profitable year than analysts were anticipating ...

Wed, August 17, 2011

Life after Wall Street: Ex-bankers answer the call

By Lauren Tara LaCapra

NEW YORK (Reuters) - In his 23 years as a banker, Adam Greene trotted the globe, closing billions of dollars' worth ...

Fri, August 12, 2011

Anxious investors look for calm

By Caroline Valetkevitch

NEW YORK (Reuters) - Shell-shocked stock investors will search this week for calm to return to markets after the worst three weeks ...

Thu, August 11, 2011

Nvidia shares jump but Tegra growth worries analysts

(Reuters) - Shares of Nvidia Corp rose as much as 11 percent on Friday on the company's strong third-quarter revenue forecast, but brokerage Evercore ...

Wed, August 10, 2011

Cisco's Q4 beats Street view, focus on outlook

By Noel Randewich

SAN FRANCISCO (Reuters) - Cisco Systems Inc's quarterly results edged past Wall Street's scaled-back expectations as IT spending held up ...

Tue, August 09, 2011

Oil slides $4 on economic gloom, dollar

By Jessica Donati

LONDON (Reuters) - Oil prices fell by more than $4 a barrel on Thursday, with U.S. futures touching $81.86 barrel ...

Tue, August 09, 2011

Disney third quarter beats Street but caution prevails

By Lisa Richwine

LOS ANGELES (Reuters) - Walt Disney Co's quarterly results surpassed cautious Wall Street expectations, but the media and entertainment giant now ...

Mon, August 08, 2011

Murdoch to face Wall Street on News Corp earnings call

By Yinka Adegoke

NEW YORK (Reuters) - News Corp is taking a risk in putting boss Rupert Murdoch, famous for his off-script comments, on the ...

Mon, August 08, 2011

Take-Two misses Street, downplays NBA concerns

By Liana B. Baker

NEW YORK (Reuters) - Video game publisher Take-Two Interactive Software Inc missed Wall Street estimates because one of its games failed ...

Mon, August 08, 2011

Wall Street slide may puncture New York City economy

By Joan Gralla

NEW YORK (Reuters) - New York City, whose economy rests on Wall Street's shoulders, has the most to fear from a ...

Mon, August 08, 2011

Jobs woes sink Wall Street

By Ryan Vlastelica

NEW YORK (Reuters) - Stocks tumbled 2 percent on Friday after data showing zero jobs growth in August brought investors face-to-face with ...

Mon, August 08, 2011

Exclusive: Orlando Bloom Stares Down Colin Firth in 'Main Street' Clip

If you think the only place quality film can premiere these days is in your local megaplex, think again.

Main Street, a new film ...

Sun, August 07, 2011

Exclusive: Orlando Bloom Stares Down Colin Firth in 'Main Street' Clip

If you think the only place quality film can premiere these days is in your local megaplex, think again.

Main Street, a new film ...

Sat, August 06, 2011

Exclusive: Orlando Bloom Stares Down Colin Firth in 'Main Street' Clip

If you think the only place quality film can premiere these days is in your local megaplex, think again.

Main Street, a new film ...

Fri, August 05, 2011

Wall Street to brokers: Investors should buy, not flee

By Joseph A. Giannone

NEW YORK (Reuters) - Wall Street's advice to investors battered by plunging markets: Keep buying stocks.

With markets plunging for ...

Fri, August 05, 2011

Insight: Wall Street slide sends waves across economy

By Ryan Vlastelica

NEW YORK (Reuters) - A scary drop in stocks and commodities threatens to squeeze life out of an already faltering U.S ...

Fri, August 05, 2011

Viacom profit beats Street on cable ads, digital

NEW YORK (Reuters) - Viacom Inc., parent of MTV and Comedy Central, on Friday reported a bigger-than-expected increase in quarterly profit on strong growth in ...

Thu, August 04, 2011

LinkedIn follows up IPO with strong 2011 outlook

By Jennifer Saba and Edwin Chan

NEW YORK/LOS ANGELES (Reuters) - LinkedIn Corp projected faster-than-expected 2011 revenue growth after chalking up a surprise second-quarter ...

Thu, August 04, 2011

Global stocks slide, gold hits new high

By Anirban Nag

LONDON (Reuters) - Global stocks ceded more ground on Friday, hurt by mounting concerns the U.S. economy is heading into another ...

Wed, August 03, 2011

MasterCard profit jumps 33 percent

By Joe Rauch

CHARLOTTE, North Carolina (Reuters) - MasterCard Inc said second-quarter profit jumped 33 percent, as inflation in the United States lifted spending volume ...

Wed, August 03, 2011

Time Warner profit beats Street on ad sales

NEW YORK (Reuters) - Time Warner Inc posted better-than-expected quarterly results, helped by stronger advertising, and ratcheted up its full-year outlook.

For the second quarter ...

Tue, August 02, 2011

Cavium forecasts Q3 sales below Wall Street, shares

(Reuters) - Chipmaker Cavium Inc posted a quarterly profit above market estimates, helped by strong growth in its broadband and consumer business, but forecast weaker-than-expected ...

Mon, August 01, 2011

Synchronoss Q2 beats Wall Street, ups FY11 outlook

(Reuters) - Communication software maker Synchronoss Technologies Inc posted better-than-expected quarterly results, helped by a 13 percent jump in revenue at its largest customer, AT ...

Mon, August 01, 2011

Wall St. pares losses; Dow turns positive

NEW YORK (Reuters) - U.S. stocks pared losses in late afternoon trade on Monday, with the Dow briefly turning positive.

The Dow Jones industrial ...

Mon, August 01, 2011

Special Report: China's shortcut to Wall Street

SHELL GAMES: A Reuters Investigation

Articles in this series are exploring the extent and impact of corporate secrecy in the United States.

By Nanette ...

Mon, August 01, 2011

Wall Street closes worst week since '08 with wild day

By Angela Moon

NEW YORK (Reuters) - Stocks closed out their worst week in more than two years on Friday in a volatile session that ...

Mon, August 01, 2011

Sohu Q2 net up 37 percent, sees Q3 revenue above Street view

(Reuters) - Chinese internet portal Sohu.com Inc posted a 37 percent increase in second-quarter net profit, helped by strong performance in its online games ...

Fri, July 29, 2011

Debt deal could spur relief rally

By Ellen Freilich and Chuck Mikolajczak

NEW YORK (Reuters) - A $3 trillion deal that U.S. lawmakers could reach to raise the U.S ...

Thu, July 28, 2011

Motorola product delays, tablet price to hurt third quarter

By Sinead Carew

NEW YORK (Reuters) - Motorola Mobility warned that its third-quarter profit would miss expectations due to a long delay of a key ...

Thu, July 28, 2011

Time Warner Cable Q2 profit beats Wall Street view

(Reuters) - Time Warner Cable Inc's quarterly profit topped analysts' expectations, helped by a growth in residential services revenue.

For the second-quarter, earnings attributable ...

Thu, July 28, 2011

Exxon profit up 41 percent, misses Street

By Anna Driver

HOUSTON (Reuters) - Exxon Mobil Corp reported a higher quarterly profit that missed Wall Street estimates as maintenance slowed its international refining ...

Wed, July 27, 2011

Symantec profit beats Street view

By Jim Finkle

BOSTON (Reuters) - Symantec Corp, the top maker of computer security software, beat Wall Street's profit estimates for a fourth consecutive ...

Wed, July 27, 2011

Defense contractor sales miss Wall Street view

By Scott Malone

BOSTON (Reuters) - Two top U.S. defense contractors posted sales that missed Wall Street's expectations on Wednesday in a sign ...

Wed, July 27, 2011

Dow Chemical profit up 74 percent; beats Street

By Ernest Scheyder

NEW YORK (Reuters) - Dow Chemical Co's quarterly profit rose about 74 percent on Wednesday as it offset a $1.5 ...

Tue, July 26, 2011

Instant view: Amazon results beat Street, margins wane

LOS ANGELES (Reuters) - Amazon.com Inc reported a dip in earnings but its revenue forecast raced past Wall Street's expectations, propelling its shares ...

Tue, July 26, 2011

Auto dealers beat Street despite Japan supply

(Reuters) - U.S. auto dealer groups Group 1 Automotive Inc and Asbury Automotive Group Inc posted market-beating quarterly profit as tighter supply of Japanese ...

Mon, July 25, 2011

Wall Street raises targets, but Netflix shares dive

LOS ANGELES (Reuters) - Shares of top video rental company Netflix Inc fell more than 9 percent on Tuesday, a day after the Wall Street ...

Fri, July 22, 2011

Wall Street, companies brace for the worst: a U.S. default

By Emily Flitter and Jennifer Ablan

NEW YORK (Reuters) - American businesses, from Wall Street banks to major industrial corporations, are preparing contingency plans for ...

Fri, July 22, 2011

Verizon iPhone sales dash hopes; shares fall

By Sinead Carew

NEW YORK (Reuters) - Verizon Communications may have the iPhone, but the blockbuster smartphone has yet to pay off in its battle ...

Fri, July 22, 2011

Caterpillar profit misses

By Nick Zieminski

NEW YORK (Reuters) - Heavy machinery maker Caterpillar Inc disappointed Wall Street with a second-quarter earnings miss on Friday, hurt by higher ...

Wed, July 20, 2011

Police bust prostitution ring catering to Wall Street

By Bernd Debusmann Jr.

NEW YORK (Reuters) - A high-end prostitution ring catering to Wall Street clients who often would spend over $10,000 for ...

Wed, July 20, 2011

Prostitution ring for Wall Street clients busted

By Bernd Debusmann Jr.

NEW YORK (Reuters) - Seventeen people were indicted on Wednesday on charges of running a high-end prostitution ring that catered to ...

Tue, July 19, 2011

State Street reports higher quarterly earnings

BOSTON (Reuters) - State Street Corp , the world's third-largest institutional investor, reported on Tuesday stronger second quarter earnings as increased demand for its record ...

Mon, July 18, 2011

Wall Street ends worst week in year on debt stalemate

By Caroline Valetkevitch

NEW YORK (Reuters) - Stocks ended the worst week in a year as time runs out on Washington to reach agreement before ...

Fri, July 08, 2011

Wall Street uses Wal-Mart bias ruling in MBS defense

By Tom Hals

WILMINGTON, Delaware (Reuters) - The U.S. Supreme Court's dismissal of a massive sex-bias case against Wal-Mart Stores Inc may have ...

Fri, July 08, 2011

Wall Street targets pay as trading revenue fizzles

By Lauren Tara LaCapra

NEW YORK (Reuters) - Large Wall Street banks are starting to scale back compensation on trading desks as shareholders grow increasingly ...

Tue, June 28, 2011

Global investor confidence falls in June: State Street

LONDON (Reuters) - Confidence among global institutional investors has fallen this month, driven by a sharp drop in confidence among North American investors, State Street ...

Tue, June 21, 2011

India IT hub orders Google to suspend Street View service

By Henry Foy

NEW DELHI (Reuters) - Google Inc has been ordered by city police to suspend its "Street View" service in the Indian IT ...

Sun, June 19, 2011

Blast leaves Tripoli street fearing NATO strikes

By Nick Carey

TRIPOLI (Reuters) - The fear in this Tripoli neighborhood became evident when the rear tire of a boy's bicycle burst suddenly ...

Sat, June 18, 2011

Line drawn in U.S. stocks' battle

By Edward Krudy

NEW YORK (Reuters) - The S&P 500's 200-day moving average marks the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests this week with Greece's debt crisis appearing to reach a climax.

After setting its closing high for the year on April 29, the Standard & Poor's 500 Index <.SPX> has lost about 7 percent. Wall Street typically defines a drop of 10 percent or more from a recent peak as a correction.

The benchmark S&P 500 hit its lowest point right on its 200-day moving average in volatile trading on Thursday. The index then rallied 1 percent from that session low to close on Friday at 1,271.50. It also scored its first weekly gain in the last seven weeks.

At Friday's close, the S&P 500's 200-day moving average was around 1,259. If the level holds, it could be a springboard for stocks to rally.

"We seemed to have bounced off that level of concern that people were watching," said David Joy, chief market strategist at Ameriprise Financial, where he helps oversee $571 billion in assets. "At least for now, that is a little bit of evidence that these problems are solvable and markets could move higher."

The Nasdaq, which often leads market moves, has not fared so well, and that is a worry to investors. It has closed below its 200-day moving average and it kept falling on Friday when other indexes stabilized. It ended the week down 1 percent. From its 2011 closing high on April 29, the Nasdaq <.IXIC> has slid nearly 9 percent -- getting close to a correction.

Bond markets remain anxious about a Greek default.

Most economists are overwhelmingly skeptical that Greece can ever repay its mountain of debt, which has reached 340 billion euros -- or 150 percent of the country's annual economic output.

Reuters' calculations using five-year credit default swap prices from Markit show an 81 percent probability of Greece eventually defaulting, based on a 40 percent recovery rate.

SOME SAY IT'S TIME TO BUY

But for now, it seems stock investors are sanguine. They believe the European Union will rescue Greece without major disruption to markets and are using the drop in equity prices as a buying opportunity.

Bob Doll, chief equity strategist at BlackRock, says he has been using the pullback to reduce his underweight in cyclical stocks such as a Alcoa Inc , Applied Materials , and International Paper .

He has also been cutting his overweight in defensive areas such as healthcare, trimming positions in stocks like United Health and Aetna .

Doll believes the S&P 500 will rally to 1,350 by the end of the year.

"We're going to find Band-Aids and we're going to muddle through these credit problems," Doll said. "The consequences of not following that route could be pretty dire, and I think the interested vested parties are going to step up."

BlackRock is one of the world's largest money managers with $1.56 trillion in equity assets under management. Doll is also lead portfolio manager of BlackRock's Large Cap Series Funds and advises on $317 billion that is actively managed.

TUNING IN TO THE FED

A slew of data showing the United States is on the verge of a slowdown has already done its damage to the market. After the heavy selling of the past several weeks, it seems investors are taking a wait-and-see approach -- for now.

Joy is waiting until after the summer before making big moves.

"There is so much uncertainty that it is probably not wise to make big long bets, but I think that opportunity may well arise toward Labor Day," he said.

In the meantime, any sign that fears may have been overblown could spur a rally. The final reading on first-quarter U.S. gross domestic product, due on Friday, is forecast at a 1.9 percent annual growth rate, a Reuters poll of economists showed. That's slightly above previous estimates. But investors will be on the lookout for a surprise.

"People are not expecting a lot from GDP so should it come a little better than expected, you could see a pretty decent rally," said King Lip, chief investment officer of Baker Avenue Asset Management in San Francisco.

Some analysts attribute much of the market's turmoil to the end of the Federal Reserve's asset-purchase program, known as quantitative easing, or QE2. That will come to a close at the end of the month.

Investors will be looking to Chairman Ben Bernanke to reassure markets after the Fed's two-day meeting ends on Wednesday.

"What investors are really looking for is not a QE3 but a QE2.5, where (the Fed) continues to reinvest the coupons they get from the bonds they purchased," Lip said. "If that's the case, investors will look well on that."

The CBOE Volatility Index <.VIX> or VIX, a gauge of investor anxiety, spiked during the week, but it is still at relatively depressed levels. That could be a sign investors are still too complacent about the risks ahead.

"If the economy is slowing as much as people are thinking, should there be more risk to second-quarter earnings? That's a real question we have to ask," Doll said. "There is risk of complacency -- no question."

(Reporting by Edward Krudy; Additional reporting by Angela Moon and Rodrigo Campos; Editing by Jan Paschal)

Fri, June 17, 2011

Wall Street takes aim at staff levels, expenses

By Knut Engelmann

NEW YORK (Reuters) - Traditionally fat expense accounts on Wall Street are about to get slashed as major banks set out to ...

Thu, June 16, 2011

Sewer Project Will Close A Portion Of Michigan Street

DULUTH, MN (KDAL) - The third phase in the construction of the East Interceptor Sanitary Sewer Overflow Storage Facility gets underway on June 20th.  The ...

Wed, May 25, 2011

Wall Street stock index futures point to drop

NEW YORK (Reuters) - Stock index futures pointed to a weak start for Wall Street on Wednesday, following a late sell-off in the previous session ...

Tue, May 24, 2011

Warning: Walking on a Florida street may be dangerous

WASHINGTON (Reuters) - Warning to pedestrians -- Walking down the street in Florida could be hazardous to your health.

Several major cities in Florida -- Orlando, Tampa ...

Tue, May 24, 2011

Pentagon buoyed by Wall Street view of defense stocks

By Jim Wolf

WASHINGTON (Reuters) - The Pentagon is very encouraged by Wall Street's response to aerospace companies and arms makers, even as defense ...

Tue, May 24, 2011

Sidewalks On Glenwood Street

DULUTH, Min. (KDAL) - Despite the objections from some area residents, the Duluth City Council defeated a resolution that would have kept sidewalks from being ...

Mon, May 23, 2011

Judge blocks naming San Antonio street for Cesar Chavez

By Jim Forsyth

SAN ANTONIO (Reuters) - A judge on Monday blocked the city of San Antonio from renaming a street after the late labor ...

Mon, May 23, 2011

Wall Street needs to speak clearly, listen harder: CEOs

By Joseph A. Giannone

WASHINGTON (Reuters) - Individual investors are wading back into the market nearly three years after the financial crisis, but some U ...

Mon, May 23, 2011

Wall Street stock index futures point to drop

NEW YORK (Reuters) - Stock index futures pointed to a weak start for Wall Street on Wednesday, following a late sell-off in the previous session ...

Fri, May 20, 2011

Wall Street slips on euro zone, spillover effect feared

By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks fell on Friday on euro-zone debt worries that could spill over into next week's ...

Thu, May 19, 2011

Special report: GE thrives, Wall Street yawns, Immelt charges on

By Scott Malone

FAIRFIELD, Connecticut (Reuters) - Even a casual look at the history of General Electric Co during its decade with Jeff Immelt at ...

Wed, May 18, 2011

Wall Street hits resistance; LinkedIn soars in debut

By Edward Krudy

NEW YORK (Reuters) - U.S. stocks edged higher on Thursday, with LinkedIn one of the few standouts in an otherwise lackluster ...

Fri, May 13, 2011

Glenwood Street Reconstruction Continues

DULUTH, Min. (KDAL) - A major part of the continuing Duluth Street Improvement Program is the reconstruction of Glenwood Street in the Lakeside neighborhood.  The ...

Thu, May 12, 2011

SEC's revolving door to Wall Street gets fresh scrutiny

By Tim Reid

WASHINGTON (Reuters) - At least 219 former officials at the Securities and Exchange Commission have left since 2006 to help clients with ...

Thu, May 12, 2011

Nvidia results beat Street as Tegra chips take off

By Noel Randewich

SAN FRANCISCO (Reuters) - Nvidia Corp <NVDA.O> forecast quarterly revenue above expectations, lifted by sales of its mobile chips as it ...

Thu, May 12, 2011

Regulators press on with Wall Street crackdown

By Kevin Drawbaugh

WASHINGTON (Reuters) - A broad crackdown on Wall Street is churning forward, even as regulators assured a Senate panel on Thursday they ...

Wed, May 11, 2011

State Street says SEC probes its forex pricing

(Reuters) - State Street Corp <STT.N>, the world's third largest institutional investor, said it was under investigation by the Securities and Exchange Commission ...

Mon, May 09, 2011

Wall Street hit by economic blues; traders eye bounce

By Edward Krudy

NEW YORK (Reuters) - The Dow and the S&P 500 fell for a third day on Tuesday after disappointing figures from ...

Fri, May 06, 2011

Constellation Energy profit misses Wall Street view

NEW YORK (Reuters) - Constellation Energy Group <CEG.N>, which has agreed to be bought by Exelon Corp <EXC.N>, posted lower-than-expected first quarter earnings ...

Mon, May 02, 2011

Jobs report helps Wall Street salvage sour week

By Rodrigo Campos

NEW YORK (Reuters) - An unexpectedly strong report on U.S. payrolls helped equities bounce back on Friday from four days of ...

Fri, April 29, 2011

Goodyear shares soar as profit beats Street

DETROIT (Reuters) - Goodyear Tire & Rubber Co <GT.N> reported a profit that was more than four times what Wall Street expected, with strength in ...

Thu, April 28, 2011

Exxon's profit soars 69 percent, tops Street

By Anna Driver

HOUSTON (Reuters) - Exxon Mobil Corp's quarterly profit rose a better-than-expected 69 percent as the world's largest publicly traded oil ...

Thu, April 21, 2011

DuPont profit trounces Wall Street's expectation

By Ernest Scheyder

NEW YORK (Reuters) - DuPont's <DD.N> profit rose 27 percent to trounce Wall Street's expectations, fueled by strong sales ...

Thu, April 21, 2011

DuPont profit trounces Wall Street's expectations

By Ernest Scheyder

NEW YORK (Reuters) - DuPont's <DD.N> profit rose 27 percent to trounce Wall Street's expectations, fueled largely by sales ...

Wed, April 20, 2011

GE's profit beat fails to stir Wall Street

By Scott Malone

BOSTON (Reuters) - General Electric Co posted an 80 percent rise in profit that topped Wall Street's expectations, helped by a ...

Wed, April 20, 2011

Qualcomm beats Street, raises 2011 targets

By Sinead Carew

NEW YORK (Reuters) - Wireless chip maker Qualcomm Inc posted better than expected quarterly results and raised its full-year financial targets on ...

Tue, April 19, 2011

State Street operating profit boosted by fee income

BOSTON (Reuters) - State Street Corp <STT.N>, one of the world's largest institutional investors, said quarterly operating earnings rose as improved financial markets ...

Sun, April 17, 2011

Analysis: Google's Page and Wall Street: Who needs who?

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - It took fewer than 400 words for freshman Google Inc CEO Larry Page to set the tone for ...

Thu, April 14, 2011

BofA expected to beat Street, but mortgage costs loom

By Joe Rauch

CHARLOTTE, North Carolina (Reuters) - Bank of America Corp is expected to report a 9 percent drop in its first quarter profit ...

Wed, April 13, 2011

New Wal-Mart vendor? First, head down the street

By Jessica Wohl

BENTONVILLE, Arkansas (Reuters) - It all starts with Walmart 101.

Companies trying to sell goods to Wal-Mart Stores Inc often find it ...

Tue, April 12, 2011

Cost surge under new Google CEO unnerves Street

By Alexei Oreskovic and Jennifer Saba

SAN FRANCISCO (Reuters) - Google Inc's stunning 54 percent spending surge in the first quarter spooked investors already ...

Sun, April 10, 2011

Dave Franco Joins '21 Jump Street'

Hey, remember when I gushed over 21 Jump Street adding Rob Riggle as its villain? That was fun. Let's keep the party going ...

Sun, April 10, 2011

Rob Riggle To Play Villain In '21 Jump Street'

I wasn't on board with this whole 21 Jump Street reboot at first. A remake of a 90's TV show with Channing ...

Fri, April 08, 2011

Texas city renames street, drive for slain ICE agent

AUSTIN (Reuters) - A Texas border city has renamed a street and a private drive for Jaime Jorge Zapata, the U.S. federal agent shot ...

Mon, April 04, 2011

Wall Street ends strong week with new earnings attitude

By Ryan Vlastelica

NEW YORK (Reuters) - U.S. stocks posted their first positive week in three as more healthy earnings news lifted Wall Street ...

Fri, April 01, 2011

UK to hold "thousands" of wedding street parties

LONDON (Reuters) - Thousands of street parties will be held across Britain to celebrate Prince William's marriage to Kate Middleton next month, local government ...

Thu, March 24, 2011

ConAgra results beat Wall Street's expectations

By Helen Chernikoff

NEW YORK (Reuters) - ConAgra Foods Inc <CAG.N> reported a higher-than-expected quarterly profit as it raised prices, but said inflation would ...

Mon, March 21, 2011

France fines Google in Street View data case

PARIS (Reuters) - France's data protection regulator has fined Google 100,000 euros for collecting private data from wireless networks when its camera-equipped cars ...

Mon, March 21, 2011

Wall Street gains on job growth; earnings next hurdle

By Rodrigo Campos

NEW YORK (Reuters) - U.S. stocks started a traditionally healthy month on strong footing on Friday after solid jobs figures, but ...

Fri, March 18, 2011

Sesame Street stars rally against broadcast spending cuts

Emilio Delgado, who portrays Luis, and Roscoe Orman (Gordon) were among the actors who turned up at Capitol Hill in Washington, D.C. on ...

Mon, March 07, 2011

Energy leads Wall Street after Saudi protests fizzle

By Edward Krudy

NEW YORK (Reuters) - Stocks closed the week on a high note on Friday, on relief that unrest did not engulf top ...

Mon, March 07, 2011

'21 Jump Street' Grabs Brie Larson As Lead

21 Jump Street has found its leading lady: Brie Larson.

The actress joins Jonah Hill, Channing Tatum and Ice Cube in the flick, a ...

Fri, March 04, 2011

Regulators battle Wall Street for brains, money

By Rachelle Younglai

WASHINGTON (Reuters) - Long outgunned by Wall Street's big brains and big budgets, U.S. financial regulators are hoping to close ...

Fri, February 25, 2011

Moss' fiance in street scuffle

The British beauty had spent the afternoon at U.K. Prime Minister David Cameron's residence in London for a party, marking the city ...

Wed, February 23, 2011

DirecTV profit beats Street; shares rise

NEW YORK (Reuters) - DirecTV Group's quarterly profit beat Wall Street expectations on strong subscriber growth as it lured customers away from cable providers ...

Tue, February 22, 2011

Former Wall Street star struggles for votes in Peru

By Caroline Stauffer

LIMA (Reuters) - Presidential hopeful Pedro Pablo Kuczynski had a stellar Wall Street career and is widely seen as qualified to lead ...

Mon, February 21, 2011

Chesapeake quarterly profit, revenue short of Street

HOUSTON (Reuters) - Chesapeake Energy <CHK.N> reported a fourth-quarter profit compared with a year-ago loss, but revenue came in short of analysts' expectations and ...

Mon, February 21, 2011

DiCaprio reteaming with Scorsese for Wall Street movie

The actor has previously worked with the moviemaker on Gangs of New York, Shutter Island, The Departed and The Aviator, which landed him a ...

Fri, February 18, 2011

State Street pays full price in forex settlement

By Dan Levine and Ross Kerber

SAN FRANCISCO/BOSTON (Reuters) - The only U.S. state pension fund known to have settled with State Street ...

Fri, February 18, 2011

Is Ice Cube Moving Into '21 Jump Street'?

These days every aspiring rapper gets into the music industry with their eyes on crossover potential. It didn't take long for Ludacris, T ...

Thu, February 17, 2011

Duke Energy outlook tops Street, shares climb

NEW YORK (Reuters) - Duke Energy Corp <DUK.N> reported a 23 percent jump in quarterly earnings as electricity demand from its industrial customers rose ...

Mon, February 14, 2011

Wall Street slips in light trade, pullback mulled

By Rodrigo Campos

NEW YORK (Reuters) - Market breadth weakened and a prominent investor retreated from bullish positions as a vulnerable U.S. stock market ...

Fri, February 11, 2011

Coke Enterprises meets Street; backs outlook

NEW YORK (Reuters) - Soft drink bottler Coca-Cola Enterprises Inc <CCE.N> reported higher fourth-quarter profit that met Wall Street estimates, helped by higher volume ...

Thu, February 10, 2011

State Street sued by Arkansas over currency deals

BOSTON (Reuters) - State Street Corp, one of the world's largest custodial banks, was sued on Thursday by an Arkansas pension fund for overcharging ...

Thu, February 10, 2011

State Street sued by Arkansas over currency deals

BOSTON (Reuters) - State Street Corp, one of the world's largest custodial banks, was sued on Thursday by an Arkansas pension fund for overcharging ...

Sat, February 05, 2011

U.S. to force Wall Street to defer half of bonuses

By Dave Clarke

WASHINGTON (Reuters) - U.S. regulators will propose on Monday that executives at the largest financial institutions have half of their bonuses ...

Fri, February 04, 2011

Aetna sees 2011 ahead of Street, boosts dividend

By Lewis Krauskopf

NEW YORK (Reuters) - Health insurer Aetna Inc <AET.N> forecast 2011 earnings at least 13 percent above Wall Street's target ...

Thu, February 03, 2011

Starwood Hotels Q4 profit tops Wall Street

(Reuters) - Starwood Hotels & Resorts Worldwide Inc <HOT.N>, operator of the W and Sheraton hotels, posted a better-than-expected quarterly profit, helped by increased revenue ...

Wed, February 02, 2011

Sesame Street writer Geiss dies

The Hollywood producer, who wrote scripts and lyrics for the long-running children's show, passed away on 21 January (11) in Valhalla, New York ...

Tue, February 01, 2011

U.S. briefs Wall Street about al Qaeda threat

By Daniel Trotta

NEW YORK (Reuters) - Security officials warned major Wall Street institutions of a potential threat after an al Qaeda-linked magazine suggested financial ...

Mon, January 31, 2011

Exxon profit tops Street on taxes and output

By Anna Driver

HOUSTON (Reuters) - Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and ...

Thu, January 27, 2011

U.S. defense companies' profits beat Street view

By Karen Jacobs and Kyle Peterson

ATLANTA/CHICAGO (Reuters) - Lockheed Martin <LMT.N>, L-3 Communications <LLL.N> and Raytheon Co <RTN.N> beat Wall ...

Tue, January 25, 2011

Council Increases Street Light Fees

The Duluth City Council has voted to increase the street light fees to 4.50 per month for homeowners and 16.50 for businesses ...

Tue, January 25, 2011

3M's profit tops Wall Street expectations

CHICAGO (Reuters) -- 3M Co <MMM.N> reported higher-than-expected quarterly results on Tuesday, lifted by a strong sales to the electronics industry.

The diversified manufacturer ...

Mon, January 24, 2011

Wall Street philanthropy picks up, but not for all

By Kristina Cooke

NEW YORK (Reuters) - At a charity live auction in December for babies born into poverty, Stephanie Astic noted a heavy Wall ...

Mon, January 24, 2011

Steel Dynamics profit lags Street on lower volumes

(Reuters) - Steel Dynamics Inc's <STLD.O> quarterly fell short of Wall Street estimates for the third successive time on lower flat rolled volumes ...

Wed, January 19, 2011

State Street operating earnings beat analysts view

BOSTON (Reuters) - State Street Corp's <STT.N> quarterly earnings fell on charges to reposition its portfolio late last year.

The company, which also ...

Tue, January 18, 2011

Wall Street ponders Apple without Steve Jobs

By Svea Herbst-Bayliss and Edwin Chan

BOSTON/LOS ANGELES (Reuters) - Is Steve Jobs really worth just $6 billion?

Apple Inc's revelation that its ...

Tue, January 18, 2011

Biggest Wall Street bears go long on Manhattan apartments

By Jennifer Ablan and Kristina Cooke

NEW YORK (Reuters) - Wall Street's biggest bears are buying a piece of the Big Apple.

Nouriel Roubini ...

Thu, January 13, 2011

Sealy Q4 profit edges past Wall Street estimates

BANGALORE (Reuters) - Mattress maker Sealy Corp's <ZZ.N> quarterly profit edged past market expectations, helped by strong demand in its international markets and ...

Tue, January 11, 2011

Lennar tops Wall Street's view

NEW YORK (Reuters) - Lennar Corp <LEN.N>, the third-largest U.S. homebuilder, reported quarterly results that bested Wall Street's estimates as margins improved ...

Tue, January 04, 2011

Wall Street tempers grocery outlook

By Lisa Baertlein

LOS ANGELES (Reuters) - Hopes for a supermarket recovery have been pushed back yet again while Wall Street rethinks earnings expectations as ...

Fri, December 31, 2010

Pompeo films Sesame Street cameo

The Grey's Anatomy star recently filmed a cameo role for the beloved kids' show, in which she teaches children all about wellbeing.

Accompanied ...

Wed, December 29, 2010

Wall Street bankers, publicly modest, eye fancy toys

By Phil Wahba

NEW YORK (Reuters) - Wall Street executives may face smaller bonuses and a public that still eyes them with suspicion, but that ...

Tue, December 28, 2010

GM shares up after high marks from Wall Street

DETROIT (Reuters) - General Motors Co <GM.N> shares rose as much as 3.1 percent and closed 2.1 percent higher on Tuesday after ...

Mon, December 27, 2010

Banks drag Wall Street lower after court ruling

NEW YORK (Reuters) - Bank shares led Wall Street lower on Friday after a court ruling voided foreclosures on two homes, which may cause sales ...

Wed, December 22, 2010

New "Sheriff" on Wall Street fills top six jobs

By Grant McCool

NEW YORK (Reuters) - New York Attorney General-elect Eric Schneiderman named six lawyers to join his legal staff, including a top trial ...

Wed, December 22, 2010

Red Hat outlook beats Wall Street view

By Jim Finkle

BOSTON (Reuters) - Business software maker Red Hat Inc issued an outlook for profit and revenue above Wall Street projections on Tuesday ...

Mon, December 20, 2010

Analysis: Wall Street to regulators: No need to rush

By Ann Saphir and Dave Clarke

CHICAGO/WASHINGTON (Reuters) - As U.S. regulators race to write rules that will put Wall Street reform legislation ...

Mon, December 20, 2010

Wall Street flat in light preholiday trade

By Rodrigo Campos

NEW YORK (Reuters) - Stocks were little changed on Thursday despite a preholiday flurry of data that reinforced views of a solid ...

Fri, December 17, 2010

Google rebuffs Connecticut over Street View request

WASHINGTON (Reuters) - Google Inc has told the Connecticut attorney general's office that it will not comply with its requests for information about its ...

Fri, December 17, 2010

Special Report: For Wall Street, dumb money pays

By Jonathan Spicer

NEW YORK (Reuters) - Yan Qin is a freelance consultant and do-it-yourself stock trader who works out of her apartment in Queens ...

Thu, December 16, 2010

Cage's foul-mouthed bust-up in street

The actor, currently in eastern Europe filming scenes for his upcoming action movie Ghost Rider: Spirit of Vengeance, was socialising with pals in the ...

Wed, December 15, 2010

Sesame Street ready to return to China

By Jonathan Landreth

BEIJING (Hollywood Reporter) - Twenty-seven years after Big Bird first landed in China, a short, localized, Mandarin-language version of "Sesame Street" will ...

Wed, December 15, 2010

Wall Street bonuses may top last year as profits soar

By Joan Gralla

NEW YORK (Reuters) - Despite the weak U.S. economy, this year could be the second most profitable for New York City ...

Wed, December 15, 2010

Wall Street bonuses may top last year as profits soar

NEW YORK (Reuters) - Despite the weak U.S. economy, this year could be the second most profitable for New York City's securities industry ...

Tue, December 14, 2010

First Solar 2011 forecast tops Wall Street view

NEW YORK (Reuters) - First Solar Inc <FSLR.O> forecast higher-than-expected 2011 profit of $8.75 to $9.50 per share and said its sales ...

Fri, December 10, 2010

Connecticut AG demands Street View data from Google

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Connecticut's Attorney General formally demanded that Google Inc hand over personal data collected by its Street View ...

Thu, December 09, 2010

State Street sees Q4 loss as it shifts portfolio

By Svea Herbst-Bayliss and Ross Kerber

NEW YORK/BOSTON (Reuters) - State Street Corp <STT.N>, one of the world's biggest institutional investors, said ...

Thu, December 09, 2010

Johnny Depp Wants A '21 Jump Street' Cameo

Johnny Depp is jonesing for a cameo in Jonah Hill's upcoming remake of 21 Jump Street - great news, right? Right…except that nobody ...

Thu, December 09, 2010

Depp appeals for 21 Jump Street role

Hill has signed up to star in a new movie version of the show and he recently revealed a cameo role has been written ...

Mon, December 06, 2010

U.S. economy still not on Easy Street

By Ros Krasny

NEW YORK (Reuters) - The U.S. economic recovery remains on shaky ground, well over a year after the recession officially ended ...

Mon, December 06, 2010

Tatum confirmed for Jump Street movie

The Step Up star and Hill, who wrote the screenplay, are teaming up to portray an undercover police duo fighting crime in high schools ...

Thu, December 02, 2010

Jones thought Sesame Street would be a flop

The Star Wars legend joined pal Burt Lancaster to film pilots for the show in 1969, teaching tots how to count and recite the ...

Mon, November 29, 2010

Black Friday weekend to help retailers beat Street

NEW YORK (Reuters) - Retailers are poised to report November sales above forecasts, helped by an increase in shopper visits over the Black Friday weekend ...

Fri, November 26, 2010

Pelletier used 'street fight' technique to escape attackers

The actor, who plays werewolf Jared in the franchise, was confronted in the restroom of Birmingham's Hilton Metropole Hotel while attending the Eternal ...

Fri, November 19, 2010

Special report: A far from random walk from Wall Street

By Leah Schnurr and Edward Krudy

NEW YORK (Reuters) - Leanne Chase took her money out of stocks in early June 2008 before the collapse ...

Thu, November 18, 2010

Gap and American Eagle nets match Street

By Alexandria Sage

SAN FRANCISCO (Reuters) - Gap Inc <GPS.N> stood by its 2010 profit outlook in advance of the key holiday selling season ...

Thu, November 18, 2010

Dell's margins blow by Street and shares rise

By Gabriel Madway

SAN FRANCISCO (Reuters) - Dell Inc raised its yearly income forecast after third-quarter margins and earnings smashed expectations, helped by sliding costs ...

Thu, November 18, 2010

Staples tops Street on cost cuts

By Dhanya Skariachan

NEW YORK (Reuters) - Top U.S. office supplies retailer Staples Inc <SPLS.O> reported a higher-than-expected quarterly profit on Thursday, boosted ...

Thu, November 18, 2010

Douglas' ex-wife loses Wall Street cash bid

Diandra Douglas, who split from the actor in 2000, took legal action against her former spouse over the summer (10) seeking a share of ...

Thu, November 18, 2010

Douglas' ex-wife to appeal Wall Street cash bid

Diandra Douglas, who split from the actor in 2000, took legal action against her former spouse over the summer (10) seeking a share of ...

Tue, November 16, 2010

HP hopes to reassure Street, Dell's margins key

By Gabriel Madway

SAN FRANCISCO (Reuters) - Hewlett Packard Co hopes to shift investors' attention from its internal upheaval to financial performance, with an imminent ...

Tue, November 16, 2010

Wall Street profit may hit $19 billion in 2010

NEW YORK (Reuters) - Wall Street may earn $19 billion in 2010, its fourth-most profitable year, even as regulatory changes and a weakened economy limits ...

Wed, November 10, 2010

FCC looks at Google's Street View data grab

By Jasmin Melvin

WASHINGTON (Reuters) - The U.S. Federal Communications Commission is looking into Google Inc's "Street View" maps service, to see if ...

Tue, November 09, 2010

Reynolds takes a walk down Sesame Street

The Proposal star follows in the footsteps of Katy Perry, Jude Law, Carrie Underwood and British funnyman Ricky Gervais by filming a skit for ...

Mon, November 08, 2010

Wall Street tech workers expect higher bonuses - survey

NEW YORK (Reuters) - Wall Street firms that want to keep their computer systems running smoothly may have to pay up this bonus season.

Technology ...

Mon, November 08, 2010

Wall Street pleads for patience on recovery

By Joseph A. Giannone

NEW YORK (Reuters) - The captains of Wall Street on Monday begged regulators to cushion the blow from a sweeping regulatory ...

Thu, November 04, 2010

Activision profit tops Street, shares rise

By Gabriel Madway

SAN FRANCISCO (Reuters) - Activision Blizzard Inc <ATVI.O> reported better-than-expected quarterly earnings, boosted by strong sales of "StarCraft II" and cost ...

Thu, November 04, 2010

Orbitz Q3 earnings beat Street on travel rebound

(Reuters) - Online travel agency Orbitz Worldwide Inc <OWW.N> posted a better-than-expected quarterly profit and forecast a 1-2 percent increase in full-year revenue as ...

Wed, November 03, 2010

Britain rules Google Street View breached data law

LONDON (Reuters) - Web search giant Google broke UK law by harvesting emails, Internet addresses and passwords while collecting data for its Street View maps ...

Wed, November 03, 2010

Qualcomm results, outlook beat Street; shares soar

NEW YORK (Reuters) - Qualcomm Inc reported higher-than-expected quarterly earnings and set a full-year revenue target that blew past Wall Street expectations as strong smartphone ...

Thu, October 28, 2010

Exxon quarterly profit up 55 pct, tops Street

By Anna Driver

HOUSTON (Reuters) - Exxon Mobil <XOM.N>, the world's largest publicly traded oil company, said on Thursday its quarterly profit rose ...

Wed, October 27, 2010

U.S. ends inquiry on Google's Street View data grab

By Diane Bartz

WASHINGTON (Reuters) - U.S. regulators looking at Google Inc's data grab by "Street View" cars have decided to end their ...

Tue, October 26, 2010

Microsoft beats Street, knocks down Apple worry

By Bill Rigby

SEATTLE (Reuters) - Microsoft Corp beat Wall Street's expectations with a 51 percent jump in quarterly profit, as higher sales of ...

Tue, October 26, 2010

Special Report: Is Wall Street chasing the dragon?

By Steve Eder and Denny Thomas

BEIJING/HONG KONG (Reuters) - Morgan Stanley <MS.N> chief executive James Gorman wasn't going to miss his ...

Sat, October 23, 2010

Italy orders Google to mark Street View cars: report

MILAN (Reuters) - Italy's privacy regulator has told Google Inc it will have to make sure its "Street View" photo-collecting cars are clearly marked ...

Fri, October 22, 2010

Honeywell profit tops Street view, raises outlook

BOSTON (Reuters) - Diversified U.S. manufacturer Honeywell International Inc <HON.N> reported quarterly earnings that topped Wall Street's expectations and raised its profit ...

Thu, October 21, 2010

SanDisk profit tops Street view, shares surge

By Gabriel Madway

SAN FRANCISCO (Reuters) - SanDisk Corp posted a better-than-expected profit, helped by stable pricing for NAND flash memory and cost cuts that ...

Thu, October 21, 2010

AT&T revenue beats street on mobile growth

NEW YORK (Reuters) - Strong sales of iPhone and gadgets like e-book readers helped AT&T Inc <T.N> beat Wall Street revenue estimates in ...

Thu, October 21, 2010

Google says few Germans opted out of Street View

FRANKFURT (Reuters) - Only a small percentage of Germans have so far opted out of Google Street View after the U.S. company doubled the ...

Wed, October 20, 2010

Textron meets Wall Street view, raises outlook

BOSTON (Reuters) - Textron Inc <TXT.N> reported quarterly results on Wednesday that met analysts' expectations and raised its forecast for the rest of the ...

Tue, October 19, 2010

Chipmaker Altera quarterly net beats Street

SAN FRANCISCO (Reuters) - Programmable chipmaker Altera Corp reported stronger than-expected quarterly net earnings and forecast sales would grow 3 percent to 6 percent in ...

Tue, October 19, 2010

Coca-Cola 3rd-quarter profit tops Street view

By Martinne Geller

NEW YORK (Reuters) - Coca-Cola Co <KO.N> reported a higher-than-expected quarterly profit on Tuesday, helped by volume gains in its North ...

Thu, October 14, 2010

Google trumps Wall Street targets

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Google Inc eased fears that big spending would erode margins as its results blew past Wall Street's ...

Thu, October 14, 2010

Wall Street makes money at U.K. box office

Oliver Stone's sequel to his Oscar-winning 1987 movie, with Michael Douglas reprising his role as greedy Gordon Gekko, made big bucks at the ...

Thu, October 14, 2010

Oliver Stone returns to "more complex" "Wall Street"

By Gregg Kilday

LOS ANGELES (Hollywood Reporter) - The son of a stockbroker, director Oliver Stone returns to the scene of the financial crimes he ...

Wed, October 13, 2010

An implant to keep heroin addicts off street drugs?

By Frederik Joelving

NEW YORK (Reuters Health) - A small implant designed to help addicts steer clear of street heroin and other opioid drugs may ...

Tue, October 12, 2010

Wall Street stresses jobs, taxes after election

By Edward Krudy

NEW YORK (Reuters) - Wall Street is more worried about high unemployment than the makeup of Congress or the Federal Reserve's ...

Tue, October 12, 2010

Wall Street pay to grow 4 percent in 2010: report

BANGALORE (Reuters) - Employee compensation and benefits at U.S. financial institutions is set to grow 4 percent in 2010 and is on its way ...

Mon, October 11, 2010

Not many early bonuses for Wall Street banks: experts

By Maria Aspan

NEW YORK (Reuters) - Large Wall Street banks are unlikely to accelerate bonus payouts, even if doling out bonuses in December would ...

Mon, October 11, 2010

Half of Wall Street workers expect higher bonus: survey

NEW YORK (Reuters) - Half of financial professionals on Wall Street expect to get a higher bonus this year, and some of those expect a ...

Wed, October 06, 2010

Duluth Street Projects Wrapping Up

Two Duluth street projects are wrapping up this week.  Starting Wednesday, Woodland Avenue between St. Marie Street and the Arrowhead Road will be fully ...

Tue, October 05, 2010

Pentagon pitches austerity plan to nervous Wall Street

By Andrea Shalal-Esa

WASHINGTON (Reuters) - Deputy Defense Secretary William Lynn met with over a dozen Wall Street analysts last week to map out Pentagon ...

Mon, October 04, 2010

East Superior Street Walgreen Store Robbed

Duluth Police are investigating the robbery of the Walgreen's Pharmacy at 1301 East Superior Street early Sunday morning.  According to police, the male ...

Mon, October 04, 2010

'A-Team,' '21 Jump Street' Producer Stephen Cannell Passed Away

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Thu, September 30, 2010

SEC charges 2 ex-State Street workers over subprime

By Svea Herbst-Bayliss and Jonathan Stempel

BOSTON/NEW YORK (Reuters) - Two former top State Street Corp. <STT.N> executives were hit with securities fraud ...

Wed, September 29, 2010

Oliver Stone: What helped pay for "Wall Street 2"

By Georg Szalai

NEW YORK (Hollywood Reporter) - Oliver Stone said Wednesday that his "Wall Street" sequel benefited "enormously" from product placement, which helped expand ...

Tue, September 28, 2010

Congress funding fight may delay Wall Street reforms

By Andy Sullivan and Roberta Rampton

WASHINGTON (Reuters) - The Obama administration may have to wait several months to implement parts of the landmark Dodd-Frank ...

Tue, September 28, 2010

Wall Street sequel tops U.S. box office

Wall Street: Money Never Sleeps stars Michael Douglas, Josh Brolin and Shia LaBeouf.

Animated adventure Legend of the Guardians: The Owls of Ga'Hoole ...

Mon, September 27, 2010

Katy Perry Evicted From 'Sesame Street'

Katy Perry was set to make a guest appearance on Sesame Street. Same old, same old. Celebrities make appearances all the time on the ...

Mon, September 27, 2010

Sesame Street creatures take a bite out of True Blood

An upcoming episode of the beloved children's programme will feature a segment based on Anna Paquin and Stephen Moyer's blood-sucking series titled ...

Fri, September 24, 2010

Wall Street insider looks into "Money Never Sleeps"

By Ryan Vlastelica

NEW YORK (Reuters) - More than 20 years after the release of hit film "Wall Street," director Oliver Stone again looks at ...

Fri, September 24, 2010

"Wall Street" sequel in mild rally at box office

LOS ANGELES (Reuters) - Greed is merely OK at the box office.

Oliver Stone's "Wall Street" sequel was the top stock on the big ...

Thu, September 23, 2010

Congress rolls back part of Wall Street reform bill

WASHINGTON (Reuters) - Lawmakers voted on Thursday to repeal a provision in their landmark Wall Street reform bill that exempted securities regulators from complying with ...

Thu, September 23, 2010

Katy Perry dropped from "Sesame Street"

NEW YORK (Reuters) - Producers of the hit children's TV show Sesame Street have canceled an appearance by pop singer Katy Perry following feedback ...

Thu, September 23, 2010

Ferlito lost voice before Wall Street: Money Never Sleeps premiere

The star, who appears as Shia LaBeouf's colleague in the new movie, admits she went a little too wild when she attended a ...

Thu, September 23, 2010

Defiant Douglas walks red carpet at Wall Street 2 premiere

The veteran star has been undergoing intensive chemotherapy and radiation treatment for throat cancer following his diagnosis revelation last month (Aug10) and it had ...

Wed, September 22, 2010

Senators question lack of Wall Street prosecutions

By Joe Rauch

WASHINGTON (Reuters) - Senators pressed investigators on a lack of prosecutions of top Wall Street executives in the wake of the most ...

Wed, September 22, 2010

New York Times revenue forecast below Street view

NEW YORK (Reuters) - New York Times Co <NYT.N> forecast a third-quarter revenue decline that is worse than Wall Street was expecting because of ...

Wed, September 22, 2010

"Money Never Sleeps" faces hard time on Wall Street

By Christine Kearney

NEW YORK (Reuters) - Gordon Gekko, the archetypal villain of iconic 1980s movie "Wall Street" has a new mantra: greed is not ...

Tue, September 21, 2010

Stone cut Trump's 'distracting' Wall Street cameo

Last November (09), the real-estate mogul shot a scene with Michael Douglas for Wall Street: Money Never Sleeps, the highly-anticipated sequel to the hit ...

Mon, September 20, 2010

Oprah Winfrey lends voice to "Sesame Street"

LOS ANGELES (Reuters) - Talk show queen Oprah Winfrey has lent her voice to "Sesame Street" for the first time, as an animated "O" chatting ...

Mon, September 20, 2010

Key senator wants to reopen Wall Street bill

By Dave Clarke and Rachelle Younglai

WASHINGTON (Reuters) - Republicans will reopen the broad Wall Street reform law and overhaul the newly created consumer protection ...

Mon, September 20, 2010

NFL CFO heads back to Wall Street

By Ben Klayman and Joe Rauch

DETROIT/CHARLOTTE, North Carolina (Reuters) - The National Football League's chief financial officer is leaving his post to ...

Mon, September 20, 2010

Wall Street rises on Fed hopes

By Leah Schnurr

NEW YORK (Reuters) - The Dow closed above the 11,000 mark for the first time in five months on Friday as ...

Mon, September 20, 2010

Douglas intent on attending Wall Street premiere

The acting icon is currently receiving chemotherapy and radiation treatment for throat cancer following his diagnosis revelation last month (Aug10).

His highly-anticipated return as ...

Thu, September 16, 2010

FedEx profit lags Street view

By Scott Malone

SCHENECTADY, New York (Reuters) - FedEx Corp <FDX.N> forecast profit for the current quarter that missed expectations and its CEO warned ...

Thu, September 16, 2010

Gibson tackles the paparazzi in street encounter

A smiling Gibson stepped out of his Mercedes after spotting a paparazzo on his tail, and walked back up the street to confront the ...

Wed, September 15, 2010

Classic Hollywood Movie Spotlight: 'Wall Street'

There's an unprecedented and totally weird experiment in popular entertainment that's going to happen on Sept. 24. Near as I can tell ...

Tue, September 14, 2010

Czechs stop Google's Street View data collection

By Roman Gazdik

PRAGUE (Reuters) - Czech data protection authorities have stopped Google Inc collecting new images to update Street View, a spokeswoman said on ...

Mon, September 13, 2010

Banks boost Wall Street

By Leah Schnurr

NEW YORK (Reuters) - Stocks rose on Monday, with the S&P 500 breaking through its 200-day moving average on upbeat Chinese ...

Thu, September 09, 2010

As Wall Street Sheriff, Coffey would be discreet

By Daniel Trotta

NEW YORK (Reuters) - New York state attorney general candidate Sean Coffey on Thursday said he was the only contender qualified to ...

Wed, September 08, 2010

Would-be Wall Street sheriffs strike cautious tone

By Grant McCool

NEW YORK (Reuters) - All candidates vying to be the next so-called Sheriff of Wall Street say they will find the bad ...

Fri, September 03, 2010

Campbell Soup profit beats Street but sales light

By Brad Dorfman

CHICAGO (Reuters) - Campbell Soup Co <CPB.N> posted lower-than-expected quarterly sales and forecast sales growth for the new fiscal year below ...

Fri, September 03, 2010

Douglas: 'Cancer treatment will affect Wall Street sequel promotion'

The 65 year old is scheduled for weeks of intensive chemotherapy and radiotherapy treatment after doctors discovered a tumour in his throat last month ...

Tue, August 31, 2010

Heinz operating earnings top Street view

CHICAGO (Reuters) - U.S. food maker H.J. Heinz Co <HNZ.N> said quarterly earnings from continuing operations rose 10 percent, helped by sales ...

Sun, August 29, 2010

Folksy Warren is symbol in debate over Wall Street

By Caren Bohan

WASHINGTON (Reuters) - Elizabeth Warren is folksy and plain-spoken and favors cardigans over Washington power suits. Many on Wall Street view her ...

Tue, August 24, 2010

Michael Douglas, ex-wife fight over "Wall Street" money

NEW YORK (Reuters) - Lawyers for Michael Douglas and his ex-wife Diandra squared off in court on Tuesday over rights to the earnings of the ...

Tue, August 24, 2010

Big Lots EPS beats Street by a cent

BANGALORE (Reuters) - Big Lots Inc's <BIG.N> second-quarter earnings marginally beat market expectations, helped by lower markdowns and a favorable merchandise mix, and ...

Mon, August 23, 2010

Douglas' health scare won't delay Wall Street sequel

The 65 year old is preparing to undergo eight weeks of radiation and chemotherapy treatment after doctors discovered a tumour in his throat.

The ...

Fri, August 20, 2010

Cannes: 'Robin Hood' Tipped To Open Fest; 'Wall Street' Sequel to Screen?

With the Oscars fading into memory, it's time to look forward to the industry's next big glitzy affair: the Cannes Film Festival ...

Thu, August 19, 2010

Wall Street set to edge higher on M&A boost

LONDON (Reuters) - Wall Street was set to edge up on Monday, with merger and acquisition activity boosting sentiment after major indexes fell for two ...

Tue, August 17, 2010

Wall Street lukewarm to Hulu IPO plans

By Georg Szalai

NEW YORK (Hollywood Reporter) - News that Hulu is talking to investment banks about an IPO that could value it at more ...

Mon, August 16, 2010

Urban Outfitters Q2 beats Wall Street estimates

BANGALORE (Reuters) - Urban Outfitters Inc <URBN.O> posted a bigger-than-expected quarterly profit on lower costs and strong sales across its brands, sending its shares ...

Thu, August 12, 2010

Corrected: NY race for "Sheriff of Wall Street" hard to call

(Corrects to show Brodsky's cash on hand paragraph 19)

By Karina Ioffee

NEW YORK (Reuters) - The campaign for New York state attorney general ...

Thu, August 12, 2010

Wall Street bonuses to rise this year: report

By Jonathan Spicer

NEW YORK (Reuters) - Wall Street bonuses likely will rise this year, despite the regulatory cloud hanging over compensation, as the financial ...

Thu, August 12, 2010

Special Report: Shorting Wall Street on the campaign trail

By Steve Eder

COLUMBUS, OHIO (Reuters) - As Lehman Brothers spiraled to its doom in the summer of 2008, John Kasich could not help but ...

Wed, August 11, 2010

Germany to keep close eye on Google "Street View"

By Erik Kirschbaum

BERLIN (Reuters) - The German government said on Wednesday it will scrutinize Google's promise to respect privacy requests by letting people ...

Wed, August 11, 2010

Profits, takeover bid boost Wall Street

By Leah Schnurr

NEW YORK (Reuters) - Stocks rose on Tuesday as agriculture stocks got a lift from M&A talk and after stronger-than-expected profits ...

Tue, August 10, 2010

Wall Street increasingly favors Republicans: study

WASHINGTON (Reuters) - Wall Street and its financial allies did an about-face in political spending in June, giving Republicans over two-thirds of their campaign contributions ...

Tue, August 10, 2010

Disney Q3 earnings beat Street

LOS ANGELES (Reuters) - Hit movies and a recovering ad market boosted Walt Disney Co <DIS.N> results above Wall Street's expectations, following in ...

Tue, August 10, 2010

NY race for "Sheriff of Wall Street" hard to call

By Karina Ioffee

NEW YORK (Reuters) - The campaign for New York state attorney general -- a job that includes being the "sheriff of Wall Street ...

Fri, August 06, 2010

Wall Street urges court to let it control "hot news"

By Jonathan Stempel

NEW YORK (Reuters) - On Wall Street, the ability to trade on information quickly can be the difference between making money and ...

Mon, August 02, 2010

Geithner aims to calm Wall Street on rules

By Glenn Somerville

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner on Monday promised not to swamp Wall Street with red tape and vowed to move ...

Mon, August 02, 2010

Moran puts out fire on Ritchie's street

The British star took on the role of fireman while attending a party in London's Fitzrovia area after he noticed flames shooting out ...

Thu, July 29, 2010

McAfee profit tops Wall Street target

By Gabriel Madway

SAN FRANCISCO (Reuters) - McAfee Inc, the No. 2 security software maker, reported better-than-expected profit on Thursday, lifted by growth in its ...

Thu, July 29, 2010

MetLife posts Q2 earnings of $1.5 billion, beating Street

NEW YORK (Reuters) - MetLife Inc <MET.N>, the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by ...

Thu, July 29, 2010

Exxon profit tops Wall Street

By Anna Driver

HOUSTON (Reuters) - Exxon Mobil Corp <XOM.N> reported a better-than-expected second-quarter profit on Thursday, as oil prices and margins to process ...

Thu, July 29, 2010

Motorola 2nd-qtr results beat Street, shares rise

By Sinead Carew

NEW YORK (Reuters) - Motorola Inc <MOT.N> posted stronger-than-expected quarterly results on strength in its enterprise and network units, boosting its ...

Wed, July 28, 2010

Conoco selling Lukoil stake, profit tops Street

HOUSTON (Reuters) - ConocoPhillips <COP.N>, the third-largest U.S. oil company, on Wednesday and said it will sell its entire stake in Lukoil in ...

Wed, July 28, 2010

Sprint customer growth beats Street

By Sinead Carew

NEW YORK (Reuters) - Sprint Nextel Corp <S.N> said it lost fewer valuable contract customers in the second quarter than analysts ...

Tue, July 27, 2010

CIT Q2 profit beats Street view

NEW YORK (Reuters) - CIT Group <CIT.N>, the commercial lender that last year emerged from bankruptcy, on Tuesday reported a quarterly profit that dwarfed ...

Tue, July 27, 2010

Western Union's Q2 profit tops Street view

BANGALORE (Reuters) - Western Union Co <WU.N> reported a quarterly profit above Wall Street estimates, helped by a rise in revenue from its consumer-to-consumer ...

Tue, July 27, 2010

Occidental Q2 profit spikes but misses Street

NEW YORK (Reuters) - Occidental Petroleum Corp <OXY.N> posted a 57 percent increase in quarterly profit on Tuesday, as higher energy prices gave a ...

Fri, July 23, 2010

Ford profit tops Street view

By David Bailey and Bernie Woodall

DETROIT (Reuters) - Ford Motor Co posted a stronger-than-expected quarterly profit of $2.6 billion and said it was ...

Thu, July 22, 2010

UPS, Union Pacific beat Street

By Helen Chernikoff and Carey Gillam

NEW YORK/KANSAS CITY, Missouri (Reuters) - Shipper United Parcel Service Inc <UPS.N> and U.S. railroad Union ...

Thu, July 22, 2010

Hershey profit tops Wall Street estimates

NEW YORK (Reuters) - Hershey Co <HSY.N> reported a higher-than-expected quarterly profit on Thursday, as increased advertising helped drive the U.S. chocolate maker ...

Thu, July 22, 2010

3M profit tops Wall Street view, raises forecast

BOSTON (Reuters) - Diversified U.S. manufacturer 3M Co <MMM.N> reported earnings that beat Wall Street's expectations and raised its forecast for the ...

Thu, July 22, 2010

Xerox profit beats street

NEW YORK (Reuters) - Xerox Corp <XRX.N> posted a higher-than-expected second quarter profit on Thursday, fueled by solid demand for printing and outsourcing services ...

Wed, July 21, 2010

Microsoft profit beats Street but stock unmoved

By Bill Rigby

SEATTLE (Reuters) - Microsoft Corp easily beat Wall Street forecasts with a 48 percent rise in quarterly profit, but its shares barely ...

Wed, July 21, 2010

EBay Q2 profit beats Street

By Alexandria Sage

SAN FRANCISCO (Reuters) - Internet commerce company eBay Inc's <EBAY.O> second-quarter profit beat Wall Street estimates, helped by a record ...

Wed, July 21, 2010

Coca-Cola profit tops Street view

NEW YORK (Reuters) - Coca-Cola Co <KO.N> reported a higher-than-expected quarterly profit on Wednesday, helped by increased sales volume in most of its markets ...

Wed, July 21, 2010

United Tech beats Street view, sees better demand

BOSTON (Reuters) - United Technologies Corp <UTX.N> posted a 13.7 percent increase in quarterly profit and raised its full-year growth target for the ...

Wed, July 21, 2010

Obama signs sweeping Wall Street overhaul into law

By Ross Colvin

WASHINGTON (Reuters) - President Barack Obama signed into law on Wednesday the most comprehensive financial regulatory overhaul since the Great Depression, vowing ...

Tue, July 20, 2010

Apple forecast beats Street view

By Gabriel Madway

SAN FRANCISCO (Reuters) - Apple Inc <AAPL.O> gave an unusually upbeat revenue forecast that exceeded Wall Street's expectations and eased ...

Tue, July 20, 2010

Yahoo revenue misses Wall Street expectations

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Yahoo Inc <YHOO.O> missed Wall Street's revenue estimates in the second quarter as some customers unexpectedly ...

Tue, July 20, 2010

Special Report: We're from Wall Street and we're here to help

By Matthew Goldstein

NEW YORK (Reuters) - Jason Ader, a former hot-shot casino industry analyst turned wealthy hedge fund manager, is rolling the dice, hoping ...

Tue, July 20, 2010

BNY Mellon, State Street post higher earnings

By Elinor Comlay and Svea Herbst-Bayliss

NEW YORK/BOSTON (Reuters) - Bank of New York Mellon Corp <BK.N> and State Street Corp <STT.N ...

Tue, July 20, 2010

State Street profit boosted by higher fees

BOSTON (Reuters) - State Street Corp <STT.N> said operating profit rose 5 percent in the second quarter, fueled by strong growth in its investment ...

Thu, July 15, 2010

AMD beats Street view

By Alex Dobuzinskis

LOS ANGELES (Reuters) - Chipmaker Advanced Micro Devices Inc <AMD.N> posted better-than-expected results and estimated revenue growth of up to 10 ...

Thu, July 15, 2010

Public unfamiliar with Wall Street bill

WASHINGTON (Reuters) - A big majority of Americans are unfamiliar with the sweeping overhaul of financial rules that was headed to final approval in Congress ...

Thu, July 15, 2010

JPMorgan beats Street

By Elinor Comlay

NEW YORK (Reuters) - JPMorgan Chase & Co <JPM.N> posted better-than-expected quarterly earnings on Thursday as it wrote off fewer bad loans ...

Wed, July 14, 2010

Wall Street reform clears Congress

By Andy Sullivan and Kevin Drawbaugh

WASHINGTON (Reuters) - The Congress on Thursday approved the broadest overhaul of financial rules since the Great Depression and ...

Tue, July 13, 2010

Industrial results could give Wall Street new worry

By Scott Malone and Nick Zieminski

BOSTON/NEW YORK (Reuters) - Investor worries that the year-old economic recovery is getting shaky have driven down U ...

Tue, July 13, 2010

Senator Ben Nelson says will back Wall Street bill

WASHINGTON (Reuters) - Democratic Senator Ben Nelson said on Tuesday he will back a historic rewrite of financial regulations, likely giving the bill enough votes ...

Mon, July 12, 2010

Senator Brown to support Wall Street regulation bill

WASHINGTON (Reuters) - Republican Senator Scott Brown said on Monday that he expects to support the broad financial regulation bill.

"I appreciate the efforts to ...

Sun, July 11, 2010

Stage set for final votes on Wall Street reform bill

By Andy Sullivan and Kevin Drawbaugh

WASHINGTON (Reuters) - Senate Democrats on Tuesday appeared to nail down the votes needed to approve a historic overhaul ...

Thu, July 08, 2010

Democrats for NY attorney general take on Wall Street

By Ellen Wulfhorst

NEW YORK (Reuters) - The slew of Democrats seeking to become New York's next attorney general speak of Wall Street reform ...

Wed, July 07, 2010

State Street expects earnings beat; stocks boosted

By Svea Herbst-Bayliss

BOSTON (Reuters) - Asset management and custody firm State Street Corp <STT.N> said on Tuesday that quarterly operating earnings would easily ...

Wed, July 07, 2010

Glenwood Street Construction

The full reconstruction of Glenwood street between 43^rd Avenue East and 60^th Avenue East is now underway. Work crews are removing pavement ...

Tue, July 06, 2010

Wall Street marks best week in a year

By Angela Moon

NEW YORK (Reuters) - Wall Street closed out its best week in a year on Friday, snapping back from a long stretch ...

Thu, July 01, 2010

Charities mimic Wall Street to woo wealthy donors

By Michelle Nichols

NEW YORK (Reuters) - Charities are learning to mimic for-profit companies as a way to woo wealthy donors who see philanthropy as ...

Wed, June 30, 2010

House to vote on Wall Street bill today: Hoyer

WASHINGTON (Reuters) - The House of Representatives is scheduled to vote on a landmark overhaul of financial regulations on Wednesday, according to the office of ...

Mon, June 28, 2010

Senator Snowe has concerns about tax in Wall Street bill

WASHINGTON (Reuters) - A Republican senator whose support will be crucial to Democrats' chances of passing a landmark Wall Street reform bill said on Monday ...

Mon, June 28, 2010

Feingold says won't vote to advance Wall Street bill

WASHINGTON (Reuters) - Senator Russell Feingold said on Monday that he will not vote to advance the financial-reform bill, denying his fellow Democrats the 60th ...

Mon, June 28, 2010

New York Fed probes Wall Street exposure to BP: sources

By Joshua Schneyer and Kristina Cooke

NEW YORK (Reuters) - The Federal Reserve Bank of New York has been probing major financial firms' exposure to ...

Thu, June 24, 2010

Oracle earnings beat Street view, shares rise

By Jim Finkle

BOSTON (Reuters) - Oracle Corp <ORCL.O> reported a quarterly profit that exceeded Street projections and a 14 percent climb in sales ...

Wed, June 23, 2010

Dell's 2011 forecast meets Street view, margins eyed

By Gabriel Madway and Ritsuko Ando

AUSTIN, Texas/NEW YORK (Reuters) - Dell Inc <DELL.O> forecast a 14 to 19 percent jump in fiscal ...

Wed, June 23, 2010

Six vying to become next "Sheriff of Wall Street"

By Karina Ioffee

NEW YORK (Reuters) - When New York state voters choose their next attorney general, they may well be electing the next Sheriff ...

Wed, June 23, 2010

Disgraced "Sheriff of Wall Street" joins CNN

By Mark Egan

NEW YORK (Reuters) - Former New York Governor Eliot Spitzer, who resigned in disgrace two years ago after admitting to using a ...

Wed, June 09, 2010

Amid gloom, some bulls roam Wall Street

By Ros Krasny

NEW YORK (Reuters) - Wall Street investment strategists are buckling up for a bumpy ride and keeping a wary eye on Europe ...

Tue, June 08, 2010

Consumer watchdog fight leads Wall Street reform talks

By Kevin Drawbaugh

WASHINGTON (Reuters) - A dispute over how much power to give a new financial consumer watchdog will be the first issue dealt ...

Tue, June 08, 2010

Dollar General earnings top Street view

CHICAGO (Reuters) - Discount retailer Dollar General Corp <DG.N> reported a higher-than-expected quarterly profit and raised its full-year earnings forecast as consumers turn to ...

Mon, June 07, 2010

Final act begins in Congress on Wall Street reform

By Kevin Drawbaugh

WASHINGTON (Reuters) - Negotiators from the Senate and House will begin meeting this week to craft a final Wall Street reform bill ...

Mon, June 07, 2010

Wall Street ends lower as China yuan euphoria fades

By Ryan Vlastelica

NEW YORK (Reuters) - Stocks once again succumbed to late-day selling in light trading on Monday as hopes China's newfound dedication ...

Thu, June 03, 2010

Costco May same-store-sales lower than Street view

* May comparable sales up 9 pct vs ests of 9.7 pct

* Says May sales helped by extra day from holiday shift

(Reuters) - Costco ...

Tue, June 01, 2010

Wall Street hit by jobs data and European worries

By Leah Schnurr

NEW YORK (Reuters) - Stocks cascaded to their lowest close since February on Friday after May's jobs figure slammed investors already ...

Fri, May 28, 2010

Prescription heroin helps addicts off street drugs

By Frederik Joelving

NEW YORK (Reuters Health) - Prescribing heroin to addicts who can't kick their habit helps them stay off street drugs, British ...

Thu, May 27, 2010

Wall Street debates fate of Disney's ABC

By Sue Zeidler

LOS ANGELES (Reuters) - Wall Street has long seen sense in Walt Disney Co selling or spinning off ABC, the low-rated TV ...

Thu, May 27, 2010

GOP role unclear on Wall Street reform panel: Gregg

By Roberta Rampton and Rachelle Younglai

WASHINGTON (Reuters) - Republican lawmakers may not have much sway over a final financial regulation bill that could cut ...

Wed, May 26, 2010

Lawmakers want more Google Street View info

WASHINGTON (Reuters) - Three U.S. lawmakers, concerned that Google Inc may have violated U.S. privacy laws, want to know how much personal data ...

Wed, May 26, 2010

Wall Street titans frightened by Europe debt woes

By Emily Chasan

NEW YORK (Reuters) - Some of Wall Street's biggest names said they are frightened and worried by the debt crisis in ...

Tue, May 25, 2010

Grant Keeps Holland’s Street Performers Series Alive

(Holland, MI - WHTC News) - Street performers will continue to entertain visitors to Holland’s Downtown District this summer, thanks to a four thousand-dollar Regional ...

Tue, May 25, 2010

Twelve senators named to Wall Street reform panel

WASHINGTON (Reuters) - Twelve senior U.S. senators, including Senate Banking Committee Chairman Christopher Dodd and Agriculture Committee Chairman Blanche Lincoln, were named on Tuesday ...

Mon, May 24, 2010

Twelve senators to be on Wall Street bill panel: source

WASHINGTON (Reuters) - The Senate was expected to appoint 12 senators, including banking committee Chairman Christopher Dodd, to a conference committee with the House of ...

Mon, May 24, 2010

Shelby, Chambliss to serve on Wall Street panel: aide

WASHINGTON (Reuters) - Republican senators Richard Shelby and Saxby Chambliss will serve on a conference committee tasked with finalizing a sweeping rewrite of financial regulations ...

Fri, May 21, 2010

Pelosi may wait until June on Wall Street bill

WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi may wait until after the Memorial Day holiday to name negotiators to a bipartisan committee to ...

Fri, May 21, 2010

Ann Taylor beats Street on higher sales and margins

NEW YORK (Reuters) - Ann Taylor Stores Corp <ANN.N> reported higher-than-expected quarterly earnings on Friday, as demand at its women's clothing stores was ...

Thu, May 20, 2010

Staples profit tops Street view; outlook tepid

By Dhanya Skariachan

NEW YORK (Reuters) - Top U.S. office products retailer Staples Inc <SPLS.O> gave a lackluster outlook for the rest of ...

Wed, May 19, 2010

Italy investigates Google's Street View

MILAN (Reuters) - Italy has started an investigation into Google Inc's Street View web service, a local watchdog said on Wednesday following the U ...

Tue, May 18, 2010

Wal-Mart beats Street but warns on outlook

By Brad Dorfman

CHICAGO (Reuters) - Wal-Mart Stores Inc's <WMT.N> quarterly results beat Wall Street expectations, as a curb on costs helped the ...

Mon, May 17, 2010

Senate approves sweeping Wall Street reform bill

By Kevin Drawbaugh and Andy Sullivan

WASHINGTON (Reuters) - The Senate approved a sweeping Wall Street reform bill on Thursday night, capping months of wrangling ...

Fri, May 14, 2010

"Wall Street" a powerfully told sequel

By Kirk Honeycutt

CANNES (Hollywood Reporter) - Oliver Stone's 1987 film "Wall Street" took viewers into an exotic world. Those were the days when ...

Fri, May 14, 2010

Oliver back on Wall Street with bank crisis drama

By Mike Collett-White

CANNES, France (Reuters) - Rumors, insider deals and rampant speculation drive markets down and companies to bankruptcy in "Wall Street: Money Never ...

Thu, May 13, 2010

SEC investigates Wall Street selling of muni bonds: report

(Reuters) - The U.S. Securities and Exchange Commission (SEC) is investigating whether Wall Street banks used their own money to bet in financial markets ...

Thu, May 13, 2010

Criminal probe targets 6 Wall Street firms: source

By James Vicini and Steve Eder

WASHINGTON/NEW YORK (Reuters) - Prosecutors are conducting a broad criminal investigation of six major Wall Street banks, including ...

Wed, May 12, 2010

Obama pushes Wall Street reform with populism

By Matt Spetalnick

WASHINGTON (Reuters) - President Barack Obama on Saturday called for swift Senate action on a sweeping overhaul of Wall Street rules to ...

Tue, May 11, 2010

Wall Street hires army of Washington insiders

WASHINGTON (Reuters) - Wall Street banks and allied interest groups have spent $600 million and hired 243 political insiders to represent their interests before Congress ...

Mon, May 10, 2010

Senate's Wall Street reform bill churns ahead

By Kevin Drawbaugh

WASHINGTON (Reuters) - Two key amendments to the Senate's far-reaching Wall Street reform bill are expected to be voted on Tuesday ...

Fri, May 07, 2010

Oliver Stone targets banks in "Wall Street" sequel

By Mike Collett-White

LONDON (Reuters) - Director Oliver Stone turns his sights on the U.S. banking system later this year in the sequel to ...

Wed, May 05, 2010

Pulte results beat Street, but orders disappoint

NEW YORK (Reuters) - No. 1 U.S. homebuilder PulteGroup Inc <PHM.N> posted a far narrower-than-expected quarterly loss on Wednesday, but shares fell as ...

Tue, May 04, 2010

Obama: reforms aim to hold Wall Street accountable

WASHINGTON (Reuters) - President Barack Obama on Tuesday said proposed financial regulatory reforms aim to hold Wall Street accountable and protect consumers.

"The reforms we ...

Thu, April 29, 2010

New York marchers protest Wall Street, big banks

NEW YORK (Reuters) - Several thousand demonstrators marched through the New York financial district on Thursday in a protest led by labor unions, saying Wall ...

Thu, April 29, 2010

Wall Street bankers let NY delay budget woes: Lt. governor

By Joan Gralla

NEW YORK (Reuters) - Wall Street's eagerness to earn fees by helping New York state borrow even more money is worsening ...

Tue, April 27, 2010

New Yorkers say Wall Street is problem, not solution

NEW YORK (Reuters) - A majority of New Yorkers think Wall Street is part of the problem, not the solution, when it comes to New ...

Mon, April 26, 2010

Pay czar sees signs Wall Street changing pay habit

By Paritosh Bansal and Megan Davies

BEVERLY HILLS, CA (Reuters) - Pay czar Kenneth Feinberg sees early signs some Wall Street firms are voluntarily toughening ...

Mon, April 26, 2010

Caterpillar's first quarter beats Street, raises outlook

By James B. Kelleher

CHICAGO (Reuters) - Caterpillar Inc <CAT.N> reported a stronger-than-expected quarterly profit on Monday and raised its full-year profit and sales ...

Mon, April 26, 2010

Pay czar sees signs Wall Street changing pay habit

By Paritosh Bansal and Megan Davies

BEVERLY HILLS, CA (Reuters) - U.S. pay czar Kenneth Feinberg sees early signs some Wall Street firms are ...

Sun, April 25, 2010

Geithner says reforms will benefit Wall Street

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Sunday that proposals to more tightly regulate the financial sector are not a threat and will ...

Fri, April 23, 2010

EXTRA! Wall Street Journal heads into NY hyperdrive

By Jennifer Saba

NEW YORK (Reuters) - The Wall Street Journal is offering some businesses firesale prices for full-page ads in its highly anticipated New ...

Fri, April 23, 2010

Honeywell profit beats Street, boosts year view

By Scott Malone

BOSTON (Reuters) - Diversified U.S. manufacturer Honeywell International Inc <HON.N> boosted its full-year earnings target after reporting a first-quarter profit ...

Thu, April 22, 2010

Wall Street gives much to lawmakers in reform debate

By David Morgan

WASHINGTON (Reuters) - Democrats and Republicans in the U.S. Congress may want to look tough on financial reform in front of ...

Thu, April 22, 2010

Wall Street foresees stalled momentum with Amazon

By Alexandria Sage

SAN FRANCISCO (Reuters) - Amazon.com Inc <AMZN.O> forecast a lower-than-expected profit for its second quarter, raising concerns about the online ...

Thu, April 22, 2010

Hershey profit beats Street, raises outlook

NEW YORK (Reuters) - Hershey Co's <HSY.N quarterly profit nearly doubled, helped by higher prices for Valentine's Day and an early Easter ...

Wed, April 21, 2010

Netflix profit beats Street, share gains muted

By Sue Zeidler

LOS ANGELES (Reuters) - Netflix Inc <NFLX.O> beat quarterly profit expectations on strong subscriber growth, but a lofty share price and ...

Wed, April 21, 2010

Fidelity National's Q1 profit trails Street view

(Reuters) - Fidelity National Financial Inc <FNF.N>, the No.1 U.S. title insurer, posted a quarterly profit below analysts' estimates, hurt by lower ...

Wed, April 21, 2010

Franken Pushes For Wall Street Reform

(Washington, DC)  --  The push for Wall Street reform continues in the U.S. Senate this week.  Senator Al Franken says Republicans are beginning to ...

Wed, April 21, 2010

United Tech profit beats Street view, revenue shy

By Scott Malone

BOSTON (Reuters) - Diversified U.S. manufacturer United Technologies Corp <UTX.N> reported quarterly profit that topped Wall Street's expectations helped ...

Tue, April 20, 2010

Apple results smash Street view, outlook strong

By Gabriel Madway

SAN FRANCISCO (Reuters) - Apple Inc's results blew past Wall Street expectations on the back of record iPhone sales, and the ...

Tue, April 20, 2010

Liquidation fund not central to Wall Street reform: Hoyer

WASHINGTON (Reuters) - A proposed fund designed to help pay for the dismantling of troubled financial giants is not central to an overhaul of financial ...

Tue, April 20, 2010

State Street reports stronger earnings

BOSTON (Reuters) - State Street Corp <STT.N>, one of the world's largest institutional investors, reported higher quarterly earnings and said unrealized losses in ...

Mon, April 19, 2010

Senate launches debate on Wall Street bill

By Kevin Drawbaugh

WASHINGTON (Reuters) - The Senate opened debate on Wall Street reform on Thursday with an amendment to bar use of taxpayer funds ...

Mon, April 19, 2010

Hasbro tops Street on strong sales of girls' toys

By Phil Wahba

NEW YORK (Reuters) - Hasbro Inc <HAS.N> reported a larger-than-expected quarterly profit, helped by double-digit sales gains in its girls' toys ...

Fri, April 16, 2010

Farmer's daughter Senator takes on Wall Street

By Charles Abbott and Roberta Rampton

WASHINGTON (Reuters) - Senator Blanche Lincoln, a self-styled "farmer's daughter" facing a tough re-election race in Arkansas, had ...

Fri, April 16, 2010

GE profit tops Street view, but sales, orders lag

By Scott Malone

BOSTON (Reuters) - General Electric Co posted a profit that beat Wall Street's view, but its shares fell 4 percent after ...

Fri, April 16, 2010

NY Democrats antagonizing their backers on Wall Street

By Daniel Trotta

NEW YORK (Reuters) - Senator Charles Schumer of New York has always been known as a savvy politician: a reliably liberal Democrat ...

Thu, April 15, 2010

AMD revenue beats Street but shares fall

By Ian Sherr

SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc reported better-than-expected first-quarter revenue as PC and server spending rebounded, but investors cashed out ...

Thu, April 15, 2010

Speaker Pelosi aims to rein in Wall Street

WASHINGTON (Reuters) - Speaker of the U.S. House of Representatives Nancy Pelosi said on Thursday that Democrats' efforts at passing regulatory reform are aimed ...

Wed, April 14, 2010

Website says imperiled by Wall Street hot-news ban

By Jonathan Stempel

NEW YORK (Reuters) - Financial news service Theflyonthewall.com Inc has urged a Manhattan federal judge to lift a ban on its ...

Wed, April 14, 2010

Wall Street-backed Chinese dairy firm collapses

By Ronnie Koo

HONG KONG (Reuters) - Chinese dairy products maker Taizinai, which counts Goldman Sachs <GS.N> and Morgan Stanley <MS.N> among its ...

Wed, April 07, 2010

Family Dollar outlook tops Street, shares up

NEW YORK (Reuters) - Family Dollar Stores <FDO.N> reported a higher-than-expected quarterly profit, and forecast earnings that should top Wall Street estimates, as the ...

Mon, April 05, 2010

Wall Street slides on Spain downgrade

By Chuck Mikolajczak

NEW YORK (Reuters) - Stocks fell on Friday, capping off their worst month in over a year as a downgrade by Fitch ...

Thu, April 01, 2010

Bombardier profit misses Street view

(Reuters) - Canadian planemaker Bombardier Inc <BBDb.TO> reported a fourth-quarter profit that missed Wall Street expectations by a cent, hurt by lower selling prices ...

Fri, March 26, 2010

Escape from Wall Street

By Joseph A. Giannone

NEW YORK (Reuters) - UBS adviser Chuck Huebner knew he was done with big brokerages when some supervisors questioned a stock ...

Thu, March 25, 2010

AIG's near-collapse yields gold for Wall Street

By Paritosh Bansal

NEW YORK (Reuters) - The crumbling empire of American International Group Inc <AIG.N> is helping to pave Wall Street with gold ...

Mon, March 22, 2010

Obama pay czar to look back at Wall Street pay

By Karey Wutkowski and Steve Eder

WASHINGTON/NEW YORK (Reuters) - Obama administration pay czar Kenneth Feinberg plans to review past compensation at 419 companies ...

Thu, March 18, 2010

Website's instant posts of Wall Street research banned

By Jonathan Stempel and Grant McCool

NEW YORK (Reuters) - A Manhattan federal judge on Thursday barred the financial news service Theflyonthewall.com from issuing ...

Wed, March 17, 2010

Nike beats Street view, shares sprint higher

By Alexandria Sage

SAN FRANCISCO (Reuters) - Nike Inc <NKE.N> posted a return to sales and profit growth on Wednesday and forecast higher expected ...

Tue, March 16, 2010

Author Lewis says Wall Street reckoning is coming

By Mark Egan

NEW YORK (Reuters) - Wall Street's biggest banks could be broken up by the Congress in the coming year in an ...

Fri, March 12, 2010

Author Lewis equates Wall Street bonuses with "theft"

NEW YORK (Reuters) - Author Michael Lewis, known for exposing the culture of excess at Solomon Brothers with his book "Liar's Poker," says Wall ...

Thu, March 11, 2010

Big majority in U.S. wants Wall Street regulation

WASHINGTON (Reuters) - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus ...

Thu, March 11, 2010

CFTC head scolds Wall Street for resisting reforms

By Mark Weinraub and Ann Saphir

BOCA RATON, Florida (Reuters) - The head of the top U.S. futures regulator chided Wall Street on Thursday ...

Thu, March 11, 2010

Big majority of Americans wants Wall Street regulation

WASHINGTON (Reuters) - An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus ...

Tue, March 09, 2010

Kroger profit shrinks, but beats Wall Street

NEW YORK (Reuters) - Supermarket operator Kroger Co <KR.N> posted a higher-than-expected profit though margins fell on higher health care and labor costs, and ...

Thu, March 04, 2010

Obesity and depression are a two-way street

By Megan Brooks

NEW YORK (Reuters Health) - People who are obese are at increased risk of becoming depressed, and people who are depressed are ...

Thu, March 04, 2010

Wendy's/Arby's profit view below Street, shares down

By Lisa Baertlein

LOS ANGELES (Reuters) - Wendy's/Arby's Group Inc <WEN.N>, the third-largest U.S. fast-food restaurant operator, issued a 2010 ...

Wed, March 03, 2010

State Street pays departing CEO $5.4 million cash

BOSTON (Reuters) - Directors of State Street Corp <STT.N> paid departing Chief Executive Ronald Logue $5.4 million as the cash portion of his ...

Mon, March 01, 2010

Wall Street is alive with the sound of ... Chopin?

By Ellen Freilich

NEW YORK (Reuters) - Wall Street might not seem like the obvious location for a celebration of the 200th anniversary of the ...

Mon, March 01, 2010

EU privacy body wants changes to Google Street View

BRUSSELS (Reuters) - EU data protection authorities have urged Internet search giant Google to shorten the period it stores images from its controversial Street View ...

Mon, March 01, 2010

Wall Street shares seen higher

(Reuters) - Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rose 0.5 to 0.7 percent, pointing ...

Thu, February 25, 2010

Gap profit beats Street, gives upbeat forecast

By Alexandria Sage

SAN FRANCISCO (Reuters) - Gap Inc <GPS.N> posted a 45 percent rise in profit during its holiday quarter, helped by fewer ...

Thu, February 25, 2010

The Street's jobless recovery

By Steve Eder

NEW YORK (Reuters) - When Matt Prendergast was laid off in 2008 after Bear Stearns collapsed, he expected to find a new ...

Wed, February 24, 2010

Democrats: Say Goodbye to Wall Street?

WASHINGTON (Reuters) - U.S. banks and investment firms transferred their political contributions to Republicans in 2009 as Democrats in Washington put the focus on ...

Tue, February 23, 2010

Wall Street bonuses jumped 17 percent last year

By Steve Eder and Jonathan Stempel

NEW YORK (Reuters) - Bonuses on Wall Street rose 17 percent last year to $20.3 billion even as ...

Tue, February 23, 2010

Home Depot profit beats Street; outlook strong

By Dhanya Skariachan

NEW YORK (Reuters) - Home Depot's <HD.N> quarterly results trumped estimates as demand for home renovations perked up, and the ...

Thu, February 18, 2010

Dell margins miss Street view, shares fall

By Gabriel Madway

SAN FRANCISCO (Reuters) - Dell Inc's <DELL.O> quarterly gross margin missed Wall Street expectations, hurt by sales of lower-priced personal ...

Wed, February 17, 2010

HP raises 2010 outlook as results beat Street view

By Gabriel Madway

SAN FRANCISCO (Reuters) - Hewlett-Packard Co <HPQ.N> posted better-than-expected results on strong server and personal computer sales and a resurgence in ...

Tue, February 16, 2010

New York recession fell harder on Wall Street, males: study

NEW YORK (Reuters) - A number of industries in New York state, including financial services, terminated at least 5 percent of their workers in the ...

Sun, February 14, 2010

Greek drama plays out on Wall Street

NEW YORK (Reuters) - U.S. stocks could struggle to make headway this week if a meeting of European finance ministers fails to reassure markets ...

Fri, February 12, 2010

Ingersoll profit, forecast miss Wall Street estimates

By Scott Malone

BOSTON (Reuters) - Ingersoll-Rand Plc's <IR.N> fourth-quarter profit and first-quarter forecast fell short of Wall Street expectations as demand for ...

Thu, February 11, 2010

Marriott beats Wall Street estimates, lifts outlook

By Deepa Seetharaman

NEW YORK (Reuters) - Marriott International Inc <MAR.N> posted higher-than-expected fourth-quarter earnings and lifted its 2010 outlook on Thursday as business ...

Wed, February 10, 2010

Activision results top Street, starts dividend

By Gabriel Madway

SAN FRANCISCO (Reuters) - Activision Blizzard Inc <ATVI.O> posted better-than-expected results on Wednesday, fueled by its hit holiday release "Call Of ...

Thu, February 04, 2010

MasterCard profit misses Street view

NEW YORK (Reuters) - MasterCard Inc <MA.N> posted quarterly earnings that fell short of Wall Street forecasts due to higher-than-expected costs, sending its shares ...

Tue, February 02, 2010

MetLife fourth-quarter profit falls, beats Street

By Jonathan Spicer

NEW YORK (Reuters) - MetLife Inc's <MET.N> fourth-quarter earnings fell 70 percent because of investment losses, but its operating profit ...

Tue, February 02, 2010

Pepsi Bottling profit beats Wall Street view

NEW YORK (Reuters) - Pepsi Bottling Group Inc <PBG.N>, which is due to be acquired this quarter by PepsiCo Inc <PEP.N>, reported a ...

Mon, February 01, 2010

Exxon quarterly profit tops Street, stock up 3 percent

By Anna Driver

HOUSTON (Reuters) - Exxon Mobil Corp <XOM.N> reported a fourth-quarter profit on Monday that topped Wall Street expectations as natural gas ...

Mon, February 01, 2010

Humana profit rises, meets Street view; shares off

NEW YORK (Reuters) - Humana Inc <HUM.N> reported higher quarterly profit on Monday, in line with Wall Street targets, as improved performance of its ...

Fri, January 29, 2010

Mattel's holiday-quarter profit tops Street view

NEW YORK (Reuters) - Mattel Inc's <MAT.O> holiday-quarter profit beat Wall Street estimates, mainly on strong demand for the top toy company's ...

Thu, January 28, 2010

Motorola smartphone sales beat Street but shares fall

NEW YORK (Reuters) - Motorola Inc's quarterly profit was slightly ahead of expectations and its smartphones sold better than expected in its first quarter ...

Wed, January 27, 2010

WellPoint profit tops Wall Street estimates

NEW YORK (Reuters) - Health insurer WellPoint Inc <WLP.N> said quarterly profit, excluding huge gains from a sale, fell on lower enrollment and higher ...

Fri, January 22, 2010

Apple's Mac sales shine, iPhone lags Street view

By Gabriel Madway

SAN FRANCISCO (Reuters) - Apple Inc posted better-than-forecast Mac sales and strong growth in Asia and Europe, but iPhone shipments came in ...

Fri, January 22, 2010

Kimberly-Clark profit, outlook miss Street view, shares fall

By Jessica Wohl

CHICAGO (Reuters) - Kimberly-Clark Corp <KMB.N> posted a lower-than-expected quarterly profit and gave a disappointing outlook as paper goods such as ...

Fri, January 22, 2010

GE profit tops Wall Street forecasts

By Scott Malone

BOSTON (Reuters) - General Electric Co <GE.N> posted quarterly earnings that topped Wall Street expectations as it kept costs in line ...

Thu, January 21, 2010

AMD revenue beats Street but shares slip

By Ian Sherr

SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc reported better-than-expected revenue on strong holiday spending but its shares slid more than 4 ...

Thu, January 21, 2010

U.S. airlines beat Wall Street but investors eye outlook

By Deepa Seetharaman

NEW YORK (Reuters) - Continental Airlines Inc <CAL.N> and Southwest Airlines Co <LUV.N> results topped Wall Street estimates as more ...

Thu, January 21, 2010

UnitedHealth quarterly profit tops Wall Street views

By Lewis Krauskopf

NEW YORK (Reuters) - Health insurer UnitedHealth Group Inc <UNH.N> posted better-than-expected quarterly profit on Thursday, helped by moderating flu costs ...

Wed, January 20, 2010

Michael Douglas back as Wall Street's "Gordon Gekko"

LOS ANGELES (Reuters Life!) - Actor Michael Douglas is back as financial tycoon Gordon Gekko with money on his mind at a time when Wall ...

Tue, January 12, 2010

Wall Street frets over Google's future in China

By Franklin Paul and Alexei Oreskovic

NEW YORK/SAN FRANCISCO (Reuters) - Google Inc's threat to withdraw from China over censorship and cyber attacks ...

Tue, January 12, 2010

Alcoa misses Street estimate, shares fall

By Steve James

NEW YORK (Reuters) - Alcoa Inc <AA.N> posted a narrower quarterly loss on Monday, but the results fell short of expectations ...

Mon, January 11, 2010

Alcoa misses Street estimate, shares fall

By Steve James

NEW YORK (Reuters) - Alcoa Inc <AA.N> posted a narrower quarterly loss on Monday, but the results fell short of expectations ...

Mon, January 11, 2010

Obama, Cuomo target Wall Street bonuses

By Caren Bohan and Jonathan Stempel

WASHINGTON/NEW YORK (Reuters) - The White House and New York's top prosecutor attacked excessive Wall Street bonuses ...

Mon, January 11, 2010

Cuomo seeks 2009 bonus data from Wall Street

By Elinor Comlay and Jonathan Stempel

NEW YORK (Reuters) - New York's attorney general asked eight major U.S. banks to turn over data ...

Mon, January 04, 2010

Wall Street cool on rumored Google phone launch

By Alexei Oreskovic

SAN FRANCISCO (Reuters) - Google Inc is expected to unveil its highly anticipated Nexus One smartphone on Tuesday, marking a first foray ...

Tue, December 29, 2009

Investor confidence rises towards year end: State Street

LONDON (Reuters) - Institutional investors are ending the year with a burst of optimism, breaking a three-month decline in confidence, State Street said on Tuesday ...

Mon, December 21, 2009

ConAgra profit beats Street

NEW YORK (Reuters) - ConAgra Foods Inc's <CAG.N> quarterly profit topped expectations on Monday as increased marketing and product improvements boosted results from ...

Tue, December 08, 2009

Kroger misses Street view, cuts outlook

NEW YORK (Reuters)- Kroger Co <KR.N>, the largest U.S. grocery chain, reported a much lower-than-expected quarterly profit and cut its full-year forecast ...

Sun, December 06, 2009

Kagen Wants Transfer Fee for Wall Street Trades

WASHINGTON D.C. (WRN) - Congressman Steve Kagen (D-Appleton) is involved with a bill that would add a fee to Wall Street trades. A transfer ...

Thu, December 03, 2009

Wall Street tax "has a great deal of merit": Pelosi

WASHINGTON (Reuters) - A proposed tax on financial transactions "has a great deal of merit" and would help Congress raise needed revenue, U.S. House ...

Thu, November 19, 2009

Wall Street tax must be international: Pelosi

By Andy Sullivan

WASHINGTON (Reuters) - Any tax imposed on financial transactions would have to take effect internationally to keep Wall Street jobs and related ...

Tue, November 17, 2009

New York's fiscal logjam worsens despite Wall Street profits

ALBANY (Reuters) - New York's fiscal logjam appeared to worsen on Tuesday after a top Democratic Senator rejected returning to session until a deficit-cutting ...

Mon, November 16, 2009

Sina beats Wall Street expectations

SAN FRANCISCO (Reuters) - Sina Corp <SINA.O>, China's largest Web portal, posted a decline in quarterly sales and profit but beat Wall Street ...

Thu, November 12, 2009

Disney profit and revenue beat Street, shares rise

By Sue Zeidler

LOS ANGELES (Reuters) - Walt Disney Co posted a larger-than-expected rise in both quarterly profit and revenue, as strong results from its ...

Thu, November 12, 2009

Kohl's profit beats Street; outlook falls short

By Phil Wahba

NEW YORK (Reuters) - Department store operator Kohl's Corp <KSS.N> reported a larger-than-expected quarterly profit on Thursday, but gave a ...

Sat, November 07, 2009

Wall Street firms skittish about RUSAL IPO: report

CHICAGO (Reuters) - Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because ...

Thu, November 05, 2009

Insider trading case as much Sopranos as Wall Street

By Steve Eder

NEW YORK (Reuters) - Zvi Goffer could have passed for Tony Soprano when he warned confederates in his alleged insider-trading ring that ...

Thu, November 05, 2009

Flu shots for Wall Street stirs ire in New York

By Bill Berkrot

NEW YORK (Reuters) - New York City health officials scrambled to explain themselves on Thursday in the wake of media reports about ...

Thu, November 05, 2009

Wall Street bonuses seen up 40 percent in '09: report