Stock Markets News

NEW YORK - Stock futures dropped Friday as investors cautiously awaited the government's first reading on gross domestic product. Full Story »

LONDON (AFP) - Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data. Full Story »

LONDON - World markets fell Friday despite another batch of positive earnings statements in Asia and Europe as investors fretted about a key U.S. economic growth report due later. Full Story »

NEW YORK (Reuters) - Wall St stock index futures pointed to a lower start on Friday as investors stayed cautious ahead of U.S. GDP data, with S&P 500, Dow Jones and Nasdaq futures down 0.3 to 0.4 percent at 5:11 a.m. ET. Full Story »

DALLAS - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday. Full Story »

NEW YORK (Reuters) - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday. Full Story »

WASHINGTON - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. Full Story »

NEW YORK (Reuters) - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors. Full Story »

Stocks ended a choppy day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals. Investors are torn between upbeat earnings news from companies and reports that point to an uncertain recovery. Traders were also uneasy ahead of the first reading on U.S. gross domestic product for the April-June quarter, to be released Friday. Full Story »

A look at economic developments and activity in major stock markets around the world Thursday: Full Story »

LONDON (AFP) - Leading shares in London slipped lower on Thursday, giving up early gains as Wall Street reversed direction despite a series of strong company results and economic data, dealers said. Full Story »

NEW YORK (Reuters) - Trading in Cisco Systems Inc shares was briefly halted on Thursday after triggering a circuit breaker. Full Story »

Canada think tank sees loophole in emissions plans

OTTAWA (Reuters) - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday. Full Story »

LONDON (AFP) - London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data. Full Story »

NEW YORK (AFP) - Shares in Canada's Research in Motion surged Wednesday on reports the BlackBerry maker plans to release a new smartphone next week to rival Apple's iPhone. Full Story »

THE FED CONFIRMS INVESTORS' VIEW: The Federal Reserve's "beige book," its report on the economy region by region, showed that the recovery is slowing in some parts of the country. That confirmed how investors see the economy, and that sent stocks falling. Full Story »

MUMBAI (AFP) - Billionaire investor George Soros is close to sealing a 40-million-dollar deal to buy Dubai Holding's 4.0 percent stake in the Bombay Stock Exchange (BSE), the Financial Times reported Wednesday. Full Story »

WASHINGTON - BP says the Securities and Exchange Commission and the Justice Department are conducting informal inquiries into securities matters arising from the Gulf oil spill. Full Story »