week

Bernanke near inflation target prize, but jobs a concern (Reuters)

Reuters – The Federal Reserve could take the historic step this week of announcing an explicit target for inflation, a move that would fulfill a multi-year quest of the central bank’s chairman, Ben Bernanke.

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Bernanke near inflation target prize, but jobs a concern
(Reuters)

week

Venezuela shrinks nationalization payment to Exxon (Reuters)

Reuters – Venezuela’s PDVSA said on Monday it will pay Exxon Mobil Corp $255 million in compensation for nationalized assets – less than a third of what the U.S. oil giant said it was awarded by an arbitration panel.

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Venezuela shrinks nationalization payment to Exxon
(Reuters)

week

Returns of online holiday gifts to hit record (Reuters)

Reuters – After the holiday party comes the hangover for retailers: handling millions of returns this week.

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Returns of online holiday gifts to hit record
(Reuters)

week

Time short for S&P to end 2011 higher (Reuters)

Reuters – With two weeks left in the trading year, the euro-zone debt crisis will remain the primary impediment to pushing the S&P 500 index into positive territory for 2011.

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Time short for S&P to end 2011 higher
(Reuters)

week

Eurozone to push on with crisis steps, Fitch doubts outcome (Reuters)

Reuters – The euro zone will pursue measures to tackle its sovereign debt crisis this week by offering more cash to the IMF and long-term liquidity to banks, while moving towards tighter fiscal rules, after ratings agency Fitch cast doubt on it ability to forge a

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Eurozone to push on with crisis steps, Fitch doubts outcome
(Reuters)

week

Toll Brothers results beat Street, margins strong (Reuters)

Reuters – Luxury homebuilder Toll Brothers Inc reported higher-than-expected quarterly sales and earnings as gross margins topped forecasts.

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Toll Brothers results beat Street, margins strong
(Reuters)

week

D.Boerse, NYSE must sell assets for merger: report (Reuters)

Reuters – European competition authorities are ready to block the merger of NYSE Euronext and Deutsche Boerse (DB1Gn.DE) unless the companies agree to new asset sales, Le Monde newspaper reported on Tuesday.

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D.Boerse, NYSE must sell assets for merger: report
(Reuters)

week

Legal action urged in damning Olympus report (Reuters)

Reuters – An independent panel issued a damning report on a $1.7 billion accounting scandal at Japan’s disgraced Olympus Corp on Tuesday, urging legal action against the executives responsible for the cover-up and the replacement of other board members who knew.

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Legal action urged in damning Olympus report
(Reuters)

week

S&P downgrade threat a clarion call for euro reform (Reuters)

Reuters – A threat by Standard & Poors to slash credit ratings across the euro zone has sounded a clarion call, which could help Nicolas Sarkozy and Angela Merkel force through a change to the European Union treaty at a summit this week.

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S&P downgrade threat a clarion call for euro reform
(Reuters)

week

Rates on Treasury bills drop at weekly auction (AP)

AP – Interest rates on short-term Treasury bills fell in Monday’s auction with rates on three-month bills matching a record low.

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Rates on Treasury bills drop at weekly auction
(AP)

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