By IBTimes AU
U.S. stocks finished mostly higher after late afternoon comments from the Italian premier boosted confidence that Greece would stay in the euro zone. The Dow Jones Industrial Average finished up 34 points, or 0.3%, at 12530, after bouncing back from a 0.6% slide. (12:24 am)
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FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, BARCLAYS, BNP PARIBAS, DEUTSCHE BANK
By Reuters
Using FBI wiretaps, email, phone records and the testimony of a Goldman Sachs Group Inc <GS.N> director, U.S. prosecutors drew a picture for jurors on Thursday of events that led to the insider-trading trial of onetime corporate star Rajat Gupta. (12:14 am)
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RAJ RAJARATNAM, COURT, RUSSIA, NEW YORK, MANAGEMENT, FBI
By IBTimes
Shares of Facebook (Nasdaq: FB), the No. 1 social network, rose $1.03 to close at $33.03 on Thursday. A week ago, they were priced at $38 for the IPO. (5:22 pm)
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SEC, JPMORGAN CHASE, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK, BARACK OBAMA, GENERAL MOTORS, BANK OF AMERICA, BARCLAYS
By Reuters
Stock index futures pointed to a lower opening on Wall Street on Thursday, with futures for the S&P 500 and the Dow Jones down 0.4 percent, while Nasdaq 100 contracts had shed 0.5 percent at 0827 GMT. (May 24)
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DOW JONES, DUBAI, LLOYD BLANKFEIN, CALIFORNIA, MANUFACTURING, FACEBOOK
By Reuters
U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners <CVC.UL> to buy a controlling stake in its asset, Australia's debt-ridden Nine Entertainment, a source with direct knowledge of the matter said. (May 24)
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MERRILL LYNCH, AUSTRALIA, HOLLYWOOD, CREDIT SUISSE
By Reuters
The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies.". (May 24)
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SEC, BANK OF AMERICA, BARCLAYS, JPMORGAN CHASE, MORGAN STANLEY, NYSE
By IBTimes AU
U.S. stocks reversed steep losses to finish the day roughly flat, though European stocks and the euro tumbled to 2012 lows amid growing chatter about a potential Greek exit from the euro zone (May 24)
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AUSTRALIA, FTSE, HANG SENG INDEX, JAPAN, GOLD, COPPER, CHINA, GOLD, DOW JONES, MICROSOFT, BNP PARIBAS