By IBTimes
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with und... (10:57 am)
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FEDERAL RESERVE, BEN BERNANKE, WELLS FARGO, FREDDIE MAC, NYSE, NEW YORK
By Reuters
The financial crisis and its aftermath have been brutal for Wall Street's richest and most powerful women. The latest casualty: Ina Drew, the head of JPMorgan Chase's chief investment office, who departed last week after the bank suffered mammoth trading losses. (11:00 pm)
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CITIGROUP, BANK OF AMERICA, LEHMAN BROTHERS, U.S. BANCORP, WELLS FARGO, MANAGEMENT
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, GOLDMAN SACHS, MORGAN STANLEY, NYSE, MARK ZUCKERBERG, FACEBOOK, BARACK OBAMA, GENERAL MOTORS, BANK OF AMERICA, BARCLAYS
By Reuters UK
Asian shares eased on Thursday as markets were vulnerable to faltering factory orders in China and lack of concrete measures shown by European leaders to tackle the risk of Greece leaving the currency bloc. (May 24)
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CHINA, GOLD, BARCLAYS, HSBC, GERMANY, MANUFACTURING
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, GOLDMAN SACHS, MORGAN STANLEY, NYSE
By Reuters
Wall Street was set for a lower open on Wednesday on mounting concerns over Greece's future in the euro zone and as a weaker-than-expected revenue forecast from computer maker Dell weighed on investor sentiment. (May 23)
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DOW JONES, WELLS FARGO, FACEBOOK, ORACLE, NEW YORK, DELL