Bank of England expected to hold rates steady Last Update: 2/9/2011 7:14:59 AM The Bank of England is expected to leave interest rates on hold when it concludes its policy meeting Thursday, but the dilemma posed by an uncertain growth outlook and mounting inflation pressures grows.
Emerging-market rewards are worth the risks Last Update: 2/9/2011 7:01:58 PM Flare-ups of antigovernment protests, political shake-ups, food riots and violence have soured investor interest in emerging markets, but the return of political risk could also present an opportunity for investors looking to buy emerging market assets on the cheap. EEM, AAEMX, THD
Banks drive Europe lower; Alcatel-Lucent soars Last Update: 2/9/2011 11:17:10 PM European stock markets are trading lower, pressured by bank stocks with Credit Suisse Group down after results, while Alcatel-Lucent jumped 10% after an update in a busy day for earnings. ST:STOXX600, CS, CH:CSGN, UK:HSBA, UK:LLOY, UK:UKX, UK:DGE, FR:RI, UK:RR., FR:ALU, FR:RNO, FR:PX1, FR:UG, FR:GLE, FR:ACA, DE:LHA, DE:CBK, DB, DE:DBK, DX:DAX, DE:DB1, NYX
Rio Tinto 2010 profit almost triples Last Update: 2/9/2011 8:43:11 PM Mining giant will buy back $5 billion of shares. AU:RIO, RIO, UK:RIO
Credit Suisse misses forecasts, cuts key target Last Update: 2/9/2011 11:27:39 PM Credit Suisse cuts a key profitability target as it reports a 6.1% rise in fourth-quarter net profit. CH:CSGN, CS, CH:UBSN, UBS
|