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Updated: 5 hours 19 min ago

Pimco Stock Push Stumbles as Gross Says Equity Cult Dead

Mon, 08/06/2012 - 8:10am
When Bill Gross started Pimco's most recent effort to expand into stocks three years ago, he vowed not to repeat the mistake he made in the 1980s.

World Stocks Rise as U.S. Jobs Picture Improves

Mon, 08/06/2012 - 6:55am
World stock markets rose Monday, boosted by stronger-than-expected U.S. hiring for July following three months of weak job gains.

Gold fizzles -- or Gold Fixed?

Mon, 08/06/2012 - 6:55am
Last week was a dud for gold, and while the radical gold bugs are divided, they are regrouping.

Social Security Not Deal it Once Was for Workers

Mon, 08/06/2012 - 6:55am
People retiring today are part of the first generation of workers who have paid more in Social Security taxes during their careers than they will receive in benefits after they retire.

Berkshire's Cash Hoard Swells as Buffett Pares Consumer Stocks

Mon, 08/06/2012 - 6:55am
Berkshire Hathaway's cash swelled in the second quarter to its highest level in a year as Chairman Warren Buffett pared bets on consumer-products stocks.

IAG Chief Eyes Stake in American Airlines

Mon, 08/06/2012 - 6:55am
The owner of British Airways and Spanish airline Iberia is considering taking a stake in American Airlines.

Consumer Bureau Sets Mortgage-Insurer Probe

Mon, 08/06/2012 - 6:55am
A federal regulator has launched a broad probe into whether firms such as American International Group and Genworth Financial violated real-estate law.

U.K. Home Sellers May Need to Cut Prices in ‘Blighted' Market

Mon, 08/06/2012 - 6:55am
U.K. home sellers may need to lower their prices to lure buyers in a market restrained by waning consumer confidence and tight lending conditions.

Apple and Samsung Take Australian Legal Battle to the 'Hot Tub'

Mon, 08/06/2012 - 6:55am
Rather than a gaggle of lawyers hammering out their differences in the jacuzzi, the term refers to expert witnesses giving evidence in court together - rather than one by one - in the witness box.

Stock index futures signal mixed open

Mon, 08/06/2012 - 5:40am
Stock index futures pointed to a mixed open on Wall Street on Monday, with futures for the S&P 500 up 0.17 percent, Dow Jones futures down 0.11 percent and Nasdaq 100 futures up 0.43 percent at 04.45 a.m. ...

Apple and Samsung take Australian legal battle to the "hot tub"

Mon, 08/06/2012 - 5:40am
Apple Inc and Samsung Electronics Co Ltd are embroiled in a high-stakes patent battle in several countries around the world, but only in Australia are they also engaged in "hot tubbing." Rather ...

Taiwan's HTC July sales fall 45 percent on year

Mon, 08/06/2012 - 4:35am
Taiwan smartphone maker HTC Corp said on Monday that unaudited consolidated sales for July were T$25 billion , down 45 percent from the same month a year earlier. The monthly sales compared with T$45.11 ...

Analysis: Euro zone action inches forward in game of chicken

Mon, 08/06/2012 - 3:10am
"After you." "No, after you." The euro zone is inching towards a new plan to tackle its debt crisis in a three-dimensional game of chicken among all the main players. The European Central ...

Asian shares rally, euro up on U.S. job data, ECB hopes

Mon, 08/06/2012 - 2:05am
Asian shares rallied to a three-month high and the euro touched a one-month peak against the dollar on Monday, as stronger-than-expected U.S. jobs data and emerging optimism for European action on the ...

Chrysler says new 3-D modeling cuts transmission production costs

Mon, 08/06/2012 - 2:05am
Chrysler Group LLC will employ a new manufacturing process developed using three-dimensional techniques to make transmissions at its Indiana plant, a move that will save costs and be replicated in its ...

Peregrine CEO had fancy pool, but few luxury toys

Mon, 08/06/2012 - 2:05am
The hunt for the assets of Peregrine Financial Group CEO Russell Wasendorf Sr. has yielded a backyard pool, 2,000 bottles of wine, pickup trucks and some high-end photography equipment. But a receiver ...

Shell looks to pull some cash from Europe due to crisis: report

Sun, 08/05/2012 - 10:50pm
Royal Dutch Shell is pulling some of its funds out of European banks over fears stirred by the euro zone's mounting debt crisis, The Times reported on Monday. The company's chief financial officer Simon ...

Knight nears $400 million capital injection: sources

Sun, 08/05/2012 - 9:50pm
Knight Capital Group Inc looked set on Sunday to receive a $400 million capital injection from a group of investors, as it sought a rescue deal to avoid bankruptcy after a crippling $440 million loss, ...

Euronext plans new exchange for smaller companies: FT

Sun, 08/05/2012 - 9:50pm
A new Europe-wide stock exchange for entrepreneurs is being planned by NYSE Euronext to help funding for small companies, the Financial Times reported on Monday. The exchange, which is being dubbed as ...

Four-year silver investigation may be dropped: FT

Sun, 08/05/2012 - 9:50pm
A four-year investigation into possible manipulation of the silver market looks likely to be dropped by regulators, the Financial Times reported on Monday. The newspaper cited three people familiar with ...

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