Sell in May and go away? Not so fast (Reuters) - Comments Off
Reuters - Major U.S. stock indexes are at multi-year highs but Wall Street does not seem to be running out of steam, not just yet.
Sell in May and go away? Not so fast (Reuters) - Comments Off
Reuters - Major U.S. stock indexes are at multi-year highs but Wall Street does not seem to be running out of steam, not just yet.
Summary Box: Caterpillar pulls Dow higher (AP) - Comments Off
AP - FLYING CATERPILLAR: Caterpillar drove the Dow Jones industrial average higher Friday after the company reported a huge gain in first-quarter earnings. The world’s largest maker of mining and construction equipment rose 2.5 percent after its earnings increased more than five-fold.
A look at economic developments around the globe (AP) - Comments Off
AP - A look at economic developments and activity in major stock markets around the world Friday:
How the major stock indexes fared Friday (AP) - Comments Off
AP - Caterpillar drove the Dow Jones industrial average higher Friday after the company reported a huge gain in first-quarter earnings. The world’s largest maker of mining and construction equipment rose 2.5 percent. Caterpillar’s earnings increased more than five-fold. The company also raised its sales and profit forecast for the year. Caterpillar’s rise accounted for 21 points of the Dow’s gains.
SEC freezes China Voice assets, cites Ponzi scheme (Reuters) - Comments Off
Reuters - The Securities and Exchange Commission on Friday said it won a court order freezing the assets of China Voice Holding Corp, and accused a co-founder of the telecommunications company of running an $8.6 million Ponzi scheme.
Strong earnings from Caterpillar drive Dow higher (AP) - Comments Off
AP - Caterpillar drove the Dow Jones industrial average higher Friday after the company reported a huge gain in first-quarter earnings.
Dow posts best month in 2011 but Microsoft drags (Reuters) - Comments Off
Reuters - Stocks rose on Friday on strength from Caterpillar and other industrials, lifting the Dow and Nasdaq to their best monthly performance since December.
First offshore yuan IPO gets cool reception in HK (AP) - Comments Off
AP - Investors responded coolly Friday to the first yuan-denominated initial public offering outside of mainland China that is seen as a major step in Beijing’s efforts to broaden the use of its currency.
World stocks cautious on slowing US growth (AP) - Comments Off
AP - A slowdown in growth in the U.S. and mixed corporate earnings dampened stock market sentiment around the world on Friday.







