Monthly Archives: June 2011

NEW YORK (AFP) – US stocks rallied as markets opened Thursday amid signs that Athens would implement a painful austerity plan and that German banks would join a rescue effort to prevent a Greek default. The Dow Jones Industrial average … Continue reading →

LONDON (AFP) – European stock markets extended strong gains on Thursday following Greece’s approval of austerity measures needed to unlock critical bailout funding and stave off a debt default. London’s benchmark FTSE 100 index of top shares jumped 1.53 percent … Continue reading →

LONDON (AFP) – Stocks in London closed sharply higher again on Thursday following Greece’s approval of austerity measures needed to unlock critical bailout funding and stave off a debt default. The benchmark FTSE 100 index of top shares jumped 1.53 … Continue reading →

TORONTO (Reuters) – Still stinging from calling off its marriage to the London Stock Exchange, TMX Group, operator of the Toronto Stock Exchange, wasn’t ready on Thursday to start talking about a tie-up with the Canadian suitor that has made … Continue reading →

NEW YORK (AFP) – US stocks rallied Thursday, rising for the fourth day in a row after Greek lawmakers voted to implement a vital austerity plan and data showed business activity was up in the US industrial heartland. The Dow … Continue reading →

NEW YORK (Reuters) – U.S. stocks ended a volatile quarter on Thursday with their biggest four-day rally since September as positive economic data and a temporary resolution of Greece’s debt crisis indicated further gains in July. Midwest business activity showed … Continue reading →

(Reuters) – Toyota Motor Corp (7203.T) will continue to slash costs in a bid to swing back to an operating profit on a parent-only basis, The Nikkei business daily reported. Toyota is trying to compete with South Korean and Chinese … Continue reading →

NEW YORK – Four days, 480 points. That’s how the Dow Jones industrial average closed the final four days of June. The Dow added more than 150 points on Thursday alone after Greece cleared the final hurdle needed to receive … Continue reading →

GREECE: Stocks rose after Greek lawmakers passed a cost-cutting bill that had to be approved before international lenders would release $17 billion in rescue funds. CHICAGO SUPRISE: A trade group reported that manufacturing in the Chicago region sped up unexpectedly … Continue reading →

NEW YORK – Stocks are headed for a correction. No, stocks are rallying. Wait, stocks are down again. Or up — a lot. For investors, June was one long seesaw ride that began with a deep plunge on the first … Continue reading →