Written by Returns in Canada’s bond market exceeded the rest of the world in 2010, gaining the most in five years, and may outperform again this year amid record foreign purchases of the nation’s fixed-income securities. READ MORE »
Posts tagged bank of america
European Stocks Already Priced for Economic Slowdown, RBS Says
Investors should buy European equities even as economic reports from the U.S. to China suggest global growth is faltering because stocks have already priced in a slowdown, strategists said. READ MORE »
US Stocks Rise Slightly, Led By Financials, Energy; DJIA Up 19
U.S. stocks rose slightly Wednesday as the financial sector rallied on a rosy forecast from State Street Corp. and an increase in crude lifted energy stocks, but the gains were small as disappointing manufacturing data out of Germany weighed. READ MORE »
Six Banks Fail Friday
Regulators closed six banks in three states Friday, bringing this year’s total number of bank failures to 96.
All six failed institutions were included in TheStreet’s Bank Watch List of undercapitalized banks and thrifts, based on first-quarter regulatory data provided by SNL Financial. READ MORE »
Dollar pauses in short-covering bounce, NZ dollar off low
A short-covering bounce in the U.S. dollar paused in Asia on Thursday, though the currency was underpinned by U.S. Treasury yields which hit a five-week high overnight. READ MORE »