SEC Homes In on LehmanThe SEC's probe into the Lehman collapse is zeroing in on an accounting maneuver used to give the appearance the company had reduced its debt levels.
Speculators Sweet on Sugar, CottonSpeculative investors, such as hedge funds, have helped lift sugar futures past six-month highs and pushed cotton prices to multiyear peaks.
September to Remember After Grim SummerWhile the summer was marked by one grim economic report after another, data this month have struck a brighter tone, and the stock market's gains reflect it.
Adobe Jumps Higher; J.P. Morgan Up 2.5%Stocks climbed, with J.P. Morgan Chase, Johnson & Johnson and AT&T pacing the broad advance.
Piedmont Progresses But Skechers SkidsSmall-caps barely budged, spinning their wheels after a round of encouraging economic data failed to provide investors with more optimism.
Growth Currencies Get a Data LiftThe Australian and Canadian dollars advanced on the U.S. currency after better-than-expected economic reports painted a brighter picture of the global economy, increasing demand for currencies seen as tied to economic growth.
GIC to Lead Crop of IPOs in SingaporeSingapore sovereign-wealth fund GIC plans to list some of its logistics assets Oct. 15 via an IPO that could raise as much as $3 billion, leading the way for what is set to be a banner year on the city-state's exchange.
China Data Bolsters Japan SharesAsian stock markets were mostly higher Friday, as Japanese shares got a boost from rising imports in China. The Nikkei jumped 1.4%
Traders Chase Corinthian RumorSpeculative traders took to the options market to bet on corporate takeovers, continuing a trend that has mushroomed since the bidding war for data-storage company 3PAR.
Money Funds Draw InflowsAssets in money-market funds jumped $10.55 billion in the latest week, the fifth time in six weeks more money was put into the funds.
Banks, Auto Stocks Jump in EuropeEuropean stocks rose Thursday, led by gains in banking, resource and auto shares. Investors' mood was helped by U.S. trade and employment data and successful auctions of Irish and Hungarian debt.
Treasurys Pull Back for Second Day'The sky is not falling,' so investors loosen grip on Treasurys. The yield on the 10-year note was pushed up to 2.759%.
30-Year Mortgage Rate RisesThe rate on a 30-year fixed-rate mortgage averaged 4.35% for the week ended Sept. 9, the first rise since June. It was 4.32% last week.
Steelworkers Blast China on SubsidiesThe United Steelworkers filed a complaint with U.S. trade officials charging that China is unfairly subsidizing its clean-energy technology sector, presenting the White House with a potential political headache.
Dow Advances 28.23 PointsStocks rose for the sixth session in seven, gaining modestly in light trading after an unexpectedly sharp fall in new weekly jobless claims and encouraging trade-deficit data.
Reserve Fund Holders May Get '10 Tax LossBeleaguered investors in the Reserve Primary and Reserve Yield Plus funds may finally be getting a break—in the form of a recognizable tax loss.
Rusal Seeks to Regain Norilsk Board SeatsRussian aluminum giant United Co. Rusal is pursuing efforts to extend its influence over the world's largest nickel miner, Russia's Norilsk Nickel, by recruiting candidates to run for its board of directors.
Treasury to Sell $58 BillionThe offering will be divided between $29 billion in 13-week and $29 billion in 26-week bills.
Nomura Bulks Up in North AmericaNomura Holdings has hired a team of natural-resource bankers and is opening offices in Houston and Toronto this month, its latest moves to expand in North America.
Commercial Paper Demand FallsThe U.S. commercial-paper market fell for the third consecutive week, as companies have leaned heavily on the corporate-bond market to meet their funding needs.
SEC Hunts for Links in Potash CaseSEC investigators are struggling to establish a connection between the two men charged last month with insider trading ahead of BHP's $40 billion bid for Potash.
CBOE to Launch Weekly Options Tied to VIXCBOE Holdings plans to launch weekly options tied to futures on the popular VIX volatility index, often called the stock market's "fear gauge."
China's Yen Buying Riles JapanJapanese Finance Minister Yoshihiko Noda called for talks with China over its recent yen buying spree, which has helped drive the Japanese currency higher.
BOE Holds Rates at Record LowThe Bank of England's Monetary Policy Committee kept its key interest rate and the size of its bond-buying program unchanged, as expected.
Ireland, Hungary Sell Debt SuccessfullyRecent announcements helped restore some confidence as Ireland sold $509 million of Treasury bills but paid lower yields than previously, while Hungary sold 40% more bonds than planned.
Banks, Resource Shares Lead Europe HigherEuropean markets erased early losses to trade higher, helped by strength in the banking and basic-resources sectors.
Goldman's U.K. Fine: $27 MillionGoldman Sachs agreed to a fine of $27.1 million as part of an investigation by the Financial Services Authority that began shortly after U.S. regulators accused the firm in April of fraud.
Crude Gives Back GainsCrude futures reversed course, settling lower at $74.25, as traders balked at pushing oil higher amid continued worries about high supplies.
Gold Prices Settle LowerGold futures edged farther from record highs as investors were calmer about the state of the economic recovery and felt less of a need for the metal as a safe haven.
