Tag Archives: monday
Stocks close flat; S&P briefly hits record high
Stocks finished flat in lackluster trading Monday after the S&P 500 briefly touched a new all-time high.(Read More: Why ‘Boring, Dull, Passive’ Investing Is Working)”This week, we’ll be subject to global headlines more than the economic headlines,” said Brian Battle, director and vice president of trading at Performance Trust Capital Partners. “This is more of a pause in the market than a sell… Continue reading
ResCap Bankruptcy Report Could Remain Sealed Until July 3
An independent examiner’s report that could sway settlement negotiations in the bankruptcy of mortgage lender Residential Capital LLC may remain under seal until July 3, according to a judge’s order on Monday. Continue reading
Stocks open lower despite rise in retail sales
The stock market opened lower on Monday, pulling back from record highs last week. Continue reading
Wall Street ends near flat after recent highs; healthcare climbs
By Caroline Valetkevitch NEW YORK (Reuters) – Stocks closed little changed on Monday, pausing after hitting record highs last week, but strength in healthcare issues helped to keep declines in check. The S&P 500 healthcare sector climbed 0.7 percent and was the day's best performer. Shares of Theravance jumped 17.9 percent to $41.20 after Irish drugmaker Elan agreed to a $1 billion deal to buy 21 percent of the royalties that Theravance receives from GlaxoSmithKline for its respiratory drugs Continue reading
Glass Lewis: Goldman shareholders should vote no on compensation
By Lauren Tara LaCapra NEW YORK (Reuters) – Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has “failed to link pay with performance,” proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johnson, Glass Lewis said, because of his position as chair of the compensation committee and prior roles at public companies that suffered financial issues and scandals. … Continue reading
Police ID suspect in New Orleans parade shooting
Police said Monday night that they were looking for 19-year-old Akein Scott. Continue reading
Stock market rally pauses on Monday
NEW YORK (AP) — A record-breaking rally in stocks paused Monday as investors assessed whether the rise in stock valuations overstated the recent improvement in the economy. Continue reading
Feds: 500 fewer firefighters to face West’s heightened risk this summer
WASHINGTON – Shrinking budgets mean fewer firefighters will be available this summer even as unusually dry weather has increased the risk of fire in much of the West, Agriculture Secretary Tom Vilsack warned Monday.”As a result of sequester and across-the-board cuts we will have about 500 fewer firefighters at the Forest Service than we would otherwise have,” said Vilsack.Cuts known as sequest… Continue reading
Yen Down As G7 Backs Japan’s Stimulus Measures
CANBERA (dpa-AFX) – The Japanese yen came under pressure on Monday, as Group of Seven finance officials once again avoided censuring Japan’s stimulus measures that are mainly oriented for an econo… Continue reading
Filipino clans, celebrities dominate midterm polls
MANILA, Philippines (AP) — From Imelda Marcos to Manny Pacquiao, familiar names of political clans and celebrities dominated the ballots in the Philippines' congressional and local elections Monday, making them a contest of popularity first and reform second. Continue reading
