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Germany's Merkel visits Pope, urges tougher market controls
Reuters* Pope and Merkel spoke for unusually long 45 minutes * Merkel flew to Rome just to see pope * Francis recently issued strong call for financial reform By James Mackenzie VATICAN CITY, May 18 (Reuters) - German Chancellor Angela Merkel met Pope...Tags: The Pope, Germany, Francis I, Vatican City, Finance
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Dow Jones y S&P 500 cierran en máximos en otra semana de ganancias en Wall St
ReutersNUEVA YORK, 17 mayo (Reuters) - Las acciones extendieron su avance el viernes en la bolsa de Nueva York y sumaron su cuarta semana consecutiva con ganancias, tras datos económicos alentadores que llevaron tanto al promedio Dow Jones como al índice S&P...Tags: Stock Market, S&P 500, NASDAQ, Nasdaq Composite
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GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk
Reuters* Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17...Tags: Consumers, S&P 500, NASDAQ, Nasdaq Composite, Market and Exchange
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Dollar soars, stocks set new highs on Fed stimulus exit talk
ReutersNEW YORK (Reuters) - The U.S. dollar soared against major currencies on Friday on growing speculation that the Federal Reserve could soon begin to rein in its bond-buying program and after data showed U.S. consumer sentiment hit an almost six-year high in...Tags: India, New York Weather, The Associated Press, Greenwich, Honda Motor Co.
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Transocean chairman voted out, Icahn dividend plan rejected
ReutersZUG, Switzerland (Reuters) - Transocean Ltd shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling...Tags: Elections, Annual and Special Corporate Meetings, Sprague, Companies and Corporations, Mexico
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Wall St cierra cuarta semana con ganancias, Dow Jones y S&P 500 con récord
ReutersPor Leah Schnurr NUEVA YORK, 17 mayo (Reuters) - Las acciones extendieron su avance el viernes en la bolsa de Nueva York y sumaron su cuarta semana consecutiva con ganancias, tras datos económicos alentadores que llevaron tanto al promedio Dow Jones...Tags: Stock Market, S&P 500, NASDAQ, Nasdaq Composite, Exxon Mobil Corporation
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SEC asked to review shareholder voting rules over JPMorgan move
ReutersThe Council of Institutional Investors, which represents managers of pensions, endowments, and foundations with more than $3 trillion of assets total, has asked the Securities and Exchange Commission to review rules for shareholder voting. The council,...Tags: Elections, JPMorgan Chase & Co., Annual and Special Corporate Meetings, Jamie Dimon, Voting
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Dow, S&P end at records, stocks mark fourth week of gains
ReutersNEW YORK (Reuters) - Stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. The Dow and the S&P 500 finished...Tags: St. Petersburg (Pinellas, Florida), Tyson Foods Incorporated, House Building, AOL LLC, HIV
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JPMorgan's Jamie Dimon facing push to drop chairman title
NEW YORK — A major shareholder vote next week has Wall Street abuzz over the power and future of Jamie Dimon, leader of the country's biggest bank. As chairman and chief executive of JPMorgan Chase & Co., Dimon burnished his reputation by steering...
Tags: Elections, JPMorgan Chase & Co., Annual and Special Corporate Meetings, Jamie Dimon, Companies and Corporations
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NYSE cancels irregular trades in Anadarko stock - Bloomberg
ReutersMay 17 (Reuters) - The New York Stock Exchange canceled trades in Anadarko Petroleum Corp after a blip in trading cut the market value of the company by 99 percent, according to a report in Bloomberg. Trading in the shares of the $45.15 billion company...Tags: Stock Market, Anadarko Petroleum Corporation, Petroleum Industry, U.S. Securities and Exchange Commission, NYSE Euronext, Inc.
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Investor group calls on SEC to review change in JPMorgan voting
ReutersNEW YORK (Reuters) - Pension and endowment managers on Friday called on U.S. regulators to review the rules for shareholder voting after a firm collecting ballots for JPMorgan Chase & Co cut off the bank's opponents from polling information. The...Tags: Elections, JPMorgan Chase & Co., Annual and Special Corporate Meetings, Jamie Dimon, Voting
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Investors dump Double B names as rates spike higher
ReutersBy Danielle Robinson and Joy Ferguson NEW YORK, May 17 (IFR) - If anyone needed evidence that parts of the high-yield bond market no longer offer protection against rising interest rates, then they received it this week, when the highest quality, longest...Tags: Money and Monetary Policy, Bonds, The Bon-Ton Stores Inc., Credit Ratings, Federal Reserve
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