A new investment bank opened in New York Thursday, a boutique firm catering to wealthy investors and companies. If it sparks a trader exodus, does the common investor go to the back of the line? Ethan Lindsey reports.
Wall Street's new found optimism turned out to be contagious. After yesterday's sharp rally in New York, European stock markets all opened higher this morning. From London, Stephen Beard reports.
A week ago it looked like two of the world's biggest stock exchanges were set to merge. Oh how things change! How much does the NYSE need to worry about Europe's rising political opposition to the deal? Bob Moon looks into it.
More lawsuits are expected to be filed today against companies that allegedly backdated stock options for executives as angry shareholders hope to recoup some of the money they claim they lost. Janet Babin reports.
With yesterday's favorable IPO by ethanol producer VeraSun, Stacey Vanek-Smith looks at investor enthusiasm for public offerings from other biofuel companies.
Investors are already looking past this month's Federal Reserve meeting and starting to worry about possible interest rate hikes at the next meeting in August. Bob Moon reports.
Two traders who specialize in creating markets for underperforming stocks on the New York Stock Exchange go on trial today for allegedly cheating investors. Alisa Roth reports.
Goldman Sachs today reported gangbuster earnings for last quarter, only to see its share price fall three percent. Yesterday something similar happened to Lehman Brothers. Amy Scott has the story.
Financial markets around the world today await the first of two reports on inflationary trends due out this week. An increase in the Producer Price Index could trigger a global stock sell-off. Amy Scott reports.