Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks were little changed on the open Thursday as investors keep a close eye on developments in Greece. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was up 25 points, while the Standard & Poor’s 500 Index [...]
Archive for the ‘News’ Category
EU economic commissioner Rehn calls on UK, US to donate more funds to IMF
January 29th, 2012
admin Linda Young – AHN News Writer Davos, Switzerland (AHN) – Tensions are rising over a possible lack of sufficient funding for the International Monetary Fund to intervene in financial crisis and it has asked the United Kingdom and the United States to make additional contributions. However, both countries are cash-strapped and at risk of sliding [...]
Markets gear up for busy shortened week
January 17th, 2012
admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks are gearing up for a busy shortened week, with three major banks reporting earnings and two key inflation reports that will provide a gauge of which way consumer prices are moving. U.S. equities will also get their first chance to [...]
Stocks slip Wednesday after Tuesday’s strong rally
January 5th, 2012
admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks slipped Wednesday, giving back some of Tuesday’s strong gains. Just after the opening bell on Wall Street, the Dow Jones Industrial Average fell 12 points, the Standard & Poor’s 500 Index was down three points and the NASDAQ dropped eight [...]
U.S. stocks little changed early after durable goods report
December 24th, 2011
admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Friday after a mixed November durable goods orders report that showed a 3.8 percent increase, the most in four months. In light trading, just after the opening bell, the Dow Jones Industrial Average was up 15 points, the [...]
German exports fall more than expected
December 12th, 2011
admin Linda Young – AHN News Writer Berlin, Germany (AHN) – German exports fell by a larger percentage than forecast for October because of lower demand from southern European markets affected by the economic crisis. Exports fell by 3.6 percent in October compared to September. It was larger than the 1 percent drop expected and the [...]
No FTC fine for Facebook in privacy complaint settlement
November 30th, 2011
admin Windsor Genova – AHN News News Writer Washington, DC, United States (AHN) – Facebook is getting just a slap on the wrist under a proposed settlement of a privacy complaint with the Federal Trade Commission (FTC). The settlement imposes no fine on Facebook but requires the social networking site to stop making deceptive privacy claims, [...]
Corzine resigns as head of MF Global
November 6th, 2011
admin Diane Alter – AHN News Reporter Washington, DC, United States (AHN) – Jon Corzine stepped down Friday from running troubled MF Global, the securities firm that collapsed after risky bets on European debt and filed for bankruptcy protection Monday. The firm announced the voluntary resignation of Corzine as chairman and CEO. He will decline a [...]
Euro zone banks must raise $140 billion
October 25th, 2011
admin Diane Alter – AHN News Reporter Brussels, Belgium (AHN) – A European official said Saturday that euro zone finance ministers moved closer to an agreement that would force banks to raise approximately $140 billion to ensure they have enough assets to handle further losses on their Greek bond holdings and tumultuous markets. The 17 euro [...]

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