AP – Pope Benedict XVI rebuked Irish bishops Saturday for “grave errors of judgment” in handling clerical sex abuse and ordered an investigation into the Irish church but did not mention any Vatican responsibility.
Reuters – Washington’s bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying.
AP – END OF THE LINE, FOR NOW: The market stopped its steady climb as investors again started doubting Greece’s ability to pay its debts. The concern in the market is that the country’s problems will spill over to others and hurt the global recovery.
AP – Stocks halted their steady climb Friday after renewed concerns about Greece’s ability to pay its debts left investors questioning a global economic recovery.
AP – Stocks halted their steady climb Friday after renewed concerns about Greece’s ability to pay its debts left investors questioning a global economic recovery. The Dow Jones industrial average fell 37 points after advancing for eight straight days. Broader indexes also fell. Major indexes posted gains for the week.
Reuters – The Dow industrials snapped an eight-session winning streak on Friday, as renewed worries about Greece sparked a climb in the dollar and weighed on U.S. stocks.
AP – The IPO market is set for its busiest week in more than two years as a steadier stock market and the success of one deal is encouraging more companies to sell shares to the public.
AFP – FTSE 100 shares were upbeat at the end of trade on Friday boosted by state-rescued bank Lloyds’ forecast of a return to profit in 2010 after two years of losses.
AP – Britain’s benchmark stock index bucked the trend and rose modestly Friday after the part-nationalized Lloyds Banking Group PLC issued a buoyant business update.
Reuters – The Dow industrials rose on Thursday on Boeing’s strength, while the S&P 500 slipped after a round of economic data and corporate results.
AFP – Europe’s main stock markets advanced on Friday, with London boosted by British state-rescued bank Lloyds’ forecast of a return to profit in 2010 after two years of losses.
