WASHINGTON (Reuters) - Wanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis. It's a tall order, especially when the new T... [Full Article]
NEW YORK (Reuters) - As regulators scrutinize Facebook's problem-plagued stock market debut, they may have to confront areas of securities law that do not always clearly spell out what industry analysts are allowed to tell clients about companie... [Full Article]
(Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday's nearly flat clo... [Full Article]
REUTERS - Nasdaq OMX Group Inc has been sued by an investor who claimed the exchange operator was negligent in handling orders for Facebook Inc shares following its initial public offering, causing losses for investors. In addition, a different civil... [Full Article]
NEW YORK (Reuters) - In its three days of trading, Facebook's stock has dropped 18 percent from its $38 (24 pounds) issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings pros... [Full Article]
NEW YORK (Reuters) - U.S. stocks closed mostly flat on Tuesday after volatilility late in the session, with weakness in materials and energy shares offsetting strength in financials. Shares traded higher for much of the session on the back of an unex... [Full Article]
(Reuters) - Oliver Chang, head of U.S. housing strategy at Morgan Stanley, who has written more about foreclosed homes as an investment opportunity than any other Wall Street analyst, is leaving his firm to start his own buy-to-rent housing fund. Cha... [Full Article]
NEW YORK (Reuters) - Wall Street opened little changed on Tuesday as concerns about global growth weighed on investor sentiment, while shares of Facebook continued their post-IPO slide. The Dow Jones industrial average was up 8.70 points, or 0.07 per... [Full Article]
NEW YORK (Reuters) - Stock index futures edged lower on Tuesday after Japan's sovereign rating was cut by Fitch as a political stalemate dimmed chances the country could curb its snowballing debt. Fitch lowered Japan's long-term foreign cur... [Full Article]
Reuters Market Eye - Tata Power shares drop 4.4 percent ahead of its quarterly results later in the day as traders brace for negative numbers. The stock had surged 5 percent on Monday because of tariff hike hopes. Standard & Poor's warns in ... [Full Article]
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