Archive for March 12th, 2013

S&P 500 edges down after 7-day rally; Dow ends up

March 12, 2013
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By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 ended lower on Tuesday, breaking a seven-session string of increases as investors pulled back from technology and financial shares, but the Dow eked out a gain for an eighth straight day.
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S&P 500 dips after 7-day rally; Dow edges up to record high

March 12, 2013
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By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 ended lower on Tuesday, breaking a seven-session string of gains as investors pulled back from technology and financials, but the Dow eked out the smallest of gains to finish at another all-time closing high.
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Black smoke after first papal vote

March 12, 2013
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By Crispian Balmer and Philip Pullella VATICAN CITY (Reuters) – Thick black smoke billowed from the Sistine Chapel‘s chimney on Tuesday, signaling an inconclusive first vote in the conclave to elect a new pope at a time of strife and scandal for the Roman Catholic Church.
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Feds bust up $100M crop insurance fraud ring

March 12, 2013
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RALEIGH, N.C. (AP) — Federal investigators have unraveled a massive scheme among dozens of insurance agents, claims adjusters, brokers and farmers in eastern North Carolina to steal at least $100 million from the government-backed program that insures crops.
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White promises "unrelenting" enforcement at SEC

March 12, 2013
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WASHINGTON (AP) — Mary Jo White vowed Tuesday to make “bold and unrelenting” enforcement of Wall Street a high priority if she is confirmed chairman of the Securities and Exchange Commission.
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US stocks waver after seven straight gains

March 12, 2013
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NEW YORK (AP) — Stock indexes wavered between small gains and losses on Wall Street Tuesday following a seven-day rally.
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Suspected gunman James Holmes to enter long-awaited plea

March 12, 2013
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Suspected gunman James Holmes to enter long-awaited plea

Courtroom sketch shows James Holmes being escorted by a deputy in January. (AP Photo/Bill Robles)
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Cardinals prepare to elect a new pope

March 12, 2013
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By Crispian Balmer and Philip Pullella VATICAN CITY (Reuters) – Roman Catholic cardinals prayed for divine help on Tuesday, hours before a conclave to elect a new pope to tackle the daunting problems facing the Church at one of the most difficult periods in its history.
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Stock index futures signal lower Wall Street open

March 12, 2013
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LONDON (Reuters) – Stock index futures pointed to a slightly weaker open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.1 to 0.2 percent.
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Asian shares pause from rise after record Dow, yen slips

March 12, 2013
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By Chikako Mogi TOKYO (Reuters) – Asian shares eased on Tuesday but growing confidence in the U.S. economy underpinned risk sentiment, while the yen touched fresh lows on speculation over imminent monetary easing.
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