Fox Business - The Power to Prosper
Search Site

Wall Street

Asian Shares Mixed, Sydney Market Lower

Australian shares fell before the release of the Reserve Bank of Australia's policy meeting minutes on Tuesday, while Japanese stock were modestly higher as the U.S. dollar regained ground against the yen.The U.S. dollar recovered against the yen early Tuesday -- at Y102.72, compared with Y102.26 late Monday in New York. The greenback dropped 0.9% against the Japanese currency overnight as comments made by Japan's Economy Minister Akira Amari over the weekend continued to weigh on the pair in European and U.S. trade. Mr. Amari suggested that the correction of the strong yen is largely completed.In Asia, there were a number of central bank events on the horizon. The Reserve Bank of Australia policy meeting minutes, due on Tuesday, will be scrutinized for any clues on the country's monetary policy and whether further interest rate cuts are likely. In addition, Japan will complete its policy meeting on Wednesday.Australia's S&P/ASX 200 was down 0.7% and the Australian dollar was at US$0.9...

Read More

  1. Actavis to Buy Warner Chilcott for $5 Billion in Stock

    Drug maker Actavis Inc. (ACT) agreed to acquire Warner Chilcott PLC (WCRX) for about $5 billion in an all-stock deal aimed at enlarging Actavis's portfolio of specia...

  2. MARKET SNAPSHOT: U.S. Stocks Grind Higher To All-time Highs

    U.S. stocks traded slightly higher, grinding further into all-time-high territory after a slow start Monday with Yahoo Inc.'s acquisition of Tumblr and other deal ne...

  3. EUROPE MARKETS: Europe Stocks Extend Rally, Track U.S. Higher

    European stock markets extended gains in choppy trade on Monday, with car makers in the driver's seat after a broker upgrade, while the broader sentiment tracked the...

  4. Actavis to Buy Warner Chilcott For $5 Billion in Stock

    Drug maker Actavis Inc. (ACT) agreed to acquire Warner Chilcott PLC (WCRX) for about $5 billion in an all-stock deal aimed at enlarging Actavis's portfolio of specia...

  5. Plot Thickens: Hedge Fund Owner Gets Subpoenaed

    The legal battle surrounding SAC Capital Advisors appears to be ramping up as the U.S. is now considering criminal charges against the embattled hedge fund and has s...

  6. Copper Inches Up As Supply Disruptions Offset Demand Worries

    Copper futures are slightly higher Monday as traders weigh the supportive impact of supply disruptions against worries that higher property prices in China will forc...

  7. MARKET SNAPSHOT: U.S. Stocks Waver; Deal News, Fed In Focus

    U.S. stocks wavered on Monday after surging to record highs last week, with Yahoo Inc.'s acquisition of Tumblr and other deal news dominating investor attention.Stoc...

  8. Goldman Sachs Raising $1.1 Billion From Sale of Remaining Stake in ICBC -Term Sheet

    Goldman Sachs Group Inc. (GS) is selling its remaining stake in Industrial & Commercial Bank of China Ltd. (1398.HK) for around US$1.1 billion, exiting an investment...

  9. EUROPE MARKETS: Europe Stocks Pause After Rally; Miners Slump

    European stock markets tracked U.S. stock futures lower in choppy trade on Monday, with mining firms dropping after broad-based losses in metals prices.The Stoxx Eur...

  10. EUROPE MARKETS: Europe Stocks Slip As Miners Slump

    European stock markets tracked U.S. stock futures lower in choppy trade on Monday, with mining firms dropping after broad-based losses in metals prices.The Stoxx Eur...

  11. Dell Again Seeks More Info from Icahn Bid

    Dell Inc.'s (DELL) special committee sent another letter to activist investor Carl Icahn and Southeastern Asset Management Inc. seeking more information about their ...

  12. Morgan Stanley to Sell India Wealth Management Assets

    Morgan Stanley (MS) on Monday said it is selling its Indian wealth management business to Standard Chartered PLC (STAN.LN) for an undisclosed sum."Morgan Stanley wil...

  1. Goldman Sells ICBC Stake for $1.12 Billion

    Goldman Sachs Group Inc. (GS) has sold its remaining stake in Industrial & Commercial Bank of China Ltd. (1398.HK) for around US$1.12 billion, exiting an investment ...

  2. CIT Group Executive Votek Joining Annaly as Chief Administrative Officer

    Longtime CIT Group Inc. (CIT) executive Glenn Votek has left the business lender and is joining Annaly Capital Management Inc. (NLY), a real-estate investment trust,...

  3. Dell Committee Again Seeks More Info from Icahn on Takeover Bid

    Dell Inc.'s (DELL) special committee sent another letter to activist investor Carl Icahn and Southeastern Asset Management Inc. seeking more information about their ...

  4. MARKET SNAPSHOT: U.S. Stocks Drop, Retreating From All-time Highs

    U.S. stocks finished lower on Monday after comments from Chicago Federal Reserve President Charles Evans knocked them from new all-time highs set earlier in the day....

  5. Copper Gains on Mine Stoppage Despite China Property Worries

    Copper futures climbed on Monday as a supply disruption from a major mine outweighed worries about Beijing's efforts to cool Chinese property prices.The most activel...

  6. MARKET SNAPSHOT: Stock Rally's Breadth Is A Sign Of Strength, Froth

    Stock indexes rallying to new highs have put investors on alert for a correction. Now they have something else to worry about: Too many individual stocks touching hi...

  7. MARKET SNAPSHOT: U.S. Stocks Slip After Hitting All-time Highs

    U.S. stocks tested new session lows Monday, after grinding further into all-time-high territory, as Yahoo Inc.'s acquisition of Tumblr and other deal news dominated ...

‹ Prev12345Next ›
Freebase CC-BY
Source: Wall Street on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL