Bullish Blog

AP - The euphoria that gripped markets after Greece passed cost-cutting measures to secure more bailout loans wore off Friday as investors focused on another batch of economic figures underlining the slowing global economic recovery.

AP - A federal judge in Georgia rejected claims this week by federal regulators who said investment firm Morgan Keegan & Co. fraudulently sold auction-rate securities to investors, leaving them to hold the bag on $2.2 billion of the debt when the market collapsed in 2008.

Investor’s Business Daily - China is quietly chasing deals with Brazil, Russia and other big emerging-market stock exchanges to allow cross-listings, part of its drive to turn Shanghai into a financial center rivaling New York.

AP - Stocks are headed for a correction. No, stocks are rallying. Wait, stocks are down again. Or up — a lot.

AP - GREECE: Stocks rose after Greek lawmakers passed a cost-cutting bill that had to be approved before international lenders would release $17 billion in rescue funds.

AP - Stocks closing broadly higher after Greece cleared a final hurdle toward receiving its next installment of emergency loans. An unexpected pickup in manufacturing in the Midwest also helped push stock indexes higher. It was the fourth straight day of gains.

Reuters - Toyota Motor Corp (7203.T) will continue to slash costs in a bid to swing back to an operating profit on a parent-only basis, The Nikkei business daily reported.

AFP - US stocks rallied Thursday, rising for the fourth day in a row after Greek lawmakers voted to implement a vital austerity plan and data showed business activity was up in the US industrial heartland.

Reuters - Still stinging from calling off its marriage to the London Stock Exchange, TMX Group, operator of the Toronto Stock Exchange, wasn’t ready on Thursday to start talking about a tie-up with the Canadian suitor that has made a hostile bid to take it over.

AFP - Stocks in London closed sharply higher again on Thursday following Greece’s approval of austerity measures needed to unlock critical bailout funding and stave off a debt default.