Source : Financial Times
The Wall Street Journal - Stocks Finish at 6-Month High .The Dow industrials gained 45 points, as jobs data and bank earnings kept the rally moving. - Natural-Gas Prices Plunge to Decade Low .The slide marked the eighth consecutive session of lower prices, triggered by an unusually warm winter that has damped demand. - BofA Takes Capital Lessons to Heart .Brian Moynihan started 2011 thinking Bank of America was strong enough to return capital to shareholders. Nowadays, the chief executive is singing a cautious tune. - Markets Enjoy Their Euro Sugar Rush .Investors are increasingly putting idle cash to work. Risks abound but the growing optimism reflects justified hopes that the can has been firmly kicked down the road. - Mortgage Rates Hit Another Record Low .U.S. mortgage rates were mostly unchanged over the past week, though the average rate for a 30-year fixed-rate mortgage edged down to a new record, according to Freddie Mac`s weekly survey of mortgage rates. - Bain, Romney and You: Who Takes on More Risk? .Mitt Romney has ignited a debate about the social and economic value of private equity. Like many of you, I`m co-founder of a firm that invests in often-distressed assets and looks to fashion them into profitable entities. We call mine Household Inc. - Morgan Stanley Tops Forecasts .Morgan Stanley swung to a loss in the quarter as the investment bank booked a hefty legal charge, although it bested rivals within the equities-trading business. - Credit Suisse Wins N.Y. Fed's AIG Bonds .The Federal Reserve Bank of New York said Credit Suisse edged out three other bidders for $7.014 billion of residential mortgage-backed securities in the first sale from its Maiden Lane II portfolio since June. - Kodak: Tech Firms Hastened Its Slide .Eastman Kodak said technology firms accelerated its slide into Chapter 11 by playing hardball in patent negotiations. - No Relief for Three Major European Banks .Three big lenders in key euro-zone economies have been hit by a fresh wave of problems, just months after issuing billions of euros of new stock. - Alabama County Scores in Fight vs. J.P. Morgan .Jefferson County, Ala., won court permission to investigate the settlement that J.P. Morgan made with Houston Astros owner Jim Crane over the sewer debt that eventually forced the largest municipal bankruptcy in U.S. history. - FBI Sweep Targets Big Funds .Federal authorities announced charges against seven people in an expanding insider-trading probe involving some of Wall Street`s most prominent money managers. - New S&P Chief Defends Moves .Doug Peterson, the new president of Standard & Poor`s Ratings Services, rebuffed criticism of the rating agency`s downgrades of U.S. and European sovereign bonds. - Goldman Shifts to Tracking Costs .Goldman Sachs, facing declining revenue amid a slump in capital-markets activities, has turned its focus to expense controls and managing the size of its divisions. - As Stocks Rally, Worries Persist .The strong pace set by the market since Jan. 1 hasn`t persuaded the skeptics that the rally has legs. Among the concerns: disappointing earnings and some indicators signaling trouble ahead. - Citi Unit Fined $725,000 .The Financial Industry Regulatory Authority fined Citigroup`s capital-markets unit $725,000, alleging that it failed to disclose some conflicts of interest. - Google Investors' Web Search for Direction .Rolfe Winkler writes that, in his first year as Google`s chief executive, Larry Page has scored points for ambition. Whether that will pay off for shareholders remains to be seen. .
Source : The Wall Street Journal
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