Archive for January 11th, 2013

Stocks mixed; S&P 500 slips from 5-year high

January 11, 2013
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NEW YORK (AP) — Stocks were mixed on Wall Street Friday, pulling the Standard & Poor’s 500 index below a five-year high reached the day before, as investors waited for a clearer picture on the outlook for corporate earnings.
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Wall Street flat, pressured by Wells Fargo, banks

January 11, 2013
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NEW YORK (Reuters) – Stocks were little changed on Friday after Wells Fargo & Co reported a decline in net interest margin despite a record profit in the latest quarter, weighing on bank stocks.
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Club for Growth president doesn’t fear the government shutdown

January 11, 2013
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Top Line It’s been a tumultuous New Year for Speaker of the House John Boehner, and Chris Chocola hasn’t been making it any easier. As president of the conservative group Club for Growth, Chocola works to elect anti-establishment Republicans to Congress, such as freshman Rep. Tom Cotton, R-Ark., who recently voted against Hurricane Sandy...
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American troops in Afghanistan the big issue as Obama meets Karzai

January 11, 2013
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American troops in Afghanistan the big issue as Obama meets Karzai

Secretary of State Hillary Rodham Clinton meets on Thursday with Afghanistan President Hamid Karzai, left, at the …President Barack Obama hosts President Hamid Karzai of Afghanistan on Friday for talks likely to center on whether America will keep some sort of troop presence in that war-torn country after the NATO-crafted withdrawal deadline of 2014. No...
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Stock futures flat ahead of Wells Fargo earnings

January 11, 2013
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NEW YORK (Reuters) – Stock index futures were little changed on Friday, a day after the S&P 500 hit a five-year high and ahead of earnings from Wells Fargo, the first big bank to report this season.
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MARKET EYE WEEKAHEAD – Earnings, inflation key for shares

January 11, 2013
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Reuters Market Eye – Indian investors are gearing up for key earnings results, including from Tata Consultancy Services Ltd (TCS) , Reliance Industries Ltd , and ITC Ltd , as well as inflation data on Monday.
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Return of local investors helped 2012 Nigeria stock rally

January 11, 2013
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LAGOS (Reuters) – A 35 percent rise in Nigeria‘s stock market last year was partly driven by more domestic investor demand, stock exchange data showed on Thursday, a sign the local confidence needed to sustain current gains is returning to equities.
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Wall Street climbs as China data puts S&P back at five-year high

January 11, 2013
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NEW YORK (Reuters) – Stocks rose on Thursday and the S&P 500 ended at a fresh five-year high as stronger-than-expected exports from China spurred optimism about global growth prospects.
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Heffernan: Amid flashy CES, a peek at a secret prototype

January 11, 2013
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By Virginia Heffernan LAS VEGAS—In a leather banquette in a sparkling Las Vegas club, a knockout blonde discreetly kicked the Louis Vuitton bag at her feet.
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Accused Colorado shooter James Holmes will face trial

January 11, 2013
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DENVER (AP) — A judge ruled late Thursday that there’s enough evidence for James Holmes to face trial on charges that he killed 12 people and injured 70 others in a Colorado movie theater last summer.
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