Bullish Blog

Reuters - Stocks surged on Wednesday after major central banks agreed to make cheaper dollar loans for struggling European banks to prevent the euro-zone debt woes from turning into a full-blown credit crisis.

Reuters - Stocks fell and the euro weakened on Wednesday after Standard & Poor’s hit some of the world’s leading banks with a credit downgrade and euro zone leaders’ move to ramp up the regional bailout fund drew a tepid response.

Reuters - TMX Group said Canada’s commissioner of competition expressed “serious concerns” about the likely competitive effects of Maple Group’s proposed plan to buy the owner of the Toronto Stock Exchange.

AP - Stock markets rebounded Wednesday as renewed optimism over the state of the U.S. economy and fresh Chinese policy easing supported sentiment despite the failure of European finance ministers to announce radical new measures to deal with the crippling debt crisis afflicting the 17-nation eurozone.

Reuters - U.S. Securities and Exchange Commission Chairman Mary Schapiro is asking Congress to expand its powers so it can impose tougher financial penalties against wrongdoers on Wall Street.

AP - Even King Kong might go ape over this possible business deal: The Empire State Building could become part of a publicly traded real estate investment company.

Reuters - Judge Jed Rakoff’s blunt rejection of a major Citigroup Inc securities fraud settlement could resonate with other judges who share the public’s frustration with Wall Street and its regulators.

AP - A jump in U.S. consumer confidence sent stocks modestly higher Tuesday. Investors were also encouraged by new efforts from European leaders to find more aggressive cures for the region’s debt crisis. Technology stocks lagged.

AP - HAPPY SHOPPERS: A jump in consumer confidence sent stocks modestly higher Tuesday. Stocks had soared Monday on a strong weekend of holiday shopping, breaking a seven-day losing streak for the S&P 500.

AP - A jump in U.S. consumer confidence sent stocks modestly higher Tuesday. Investors were also encouraged by new efforts from European leaders to find more aggressive cures for the region’s debt crisis.