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Jim Wes News By Quinta Quivilla
The world financial crisis causes us to pause and reconsider many of the things we quietly accepted over the past years. The news here is intended to help us as we seek to stabilize our governments, our businesses and our personal financial lives.
Jim Wes News >> FINANCE NEWS May 23, 2013 members login here
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U.S., China factories struggle; Fed hints at less stimulus
Reuters UK - 4 Hours ago
5:24pm BST By Andy Bruce and Steven C. Johnson LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since
U.S. China factories struggle Fed hints at less stimulus North Korea Times
U.S., China factories struggle; Fed hints at less stimulus (Reuters) West Australian
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John Hancock Makes Short Duration Credit Opportunities and Global High Yield Mutual
USA Today - 7 Hours ago
Expands fixed-income product lineup with two funds managed by Stone Harbor Investment Partners BOSTON, May 23, 2013 /PRNewswire via COMTEX News Network/ -- John Hancock Funds today announced that the
John Hancock Makes Short Duration Credit Opportunities and G. . . Equities.com
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BGC Strengthens its Energy Practice with the Hire of Eleven Leading Brokers in Houston,
Reuters - 6 Hours ago
PR Newswire NEW YORK, May 23, 2013 NEW YORK, May 23, 2013 /PRNewswire/ --? BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "Company"), today announced that eleven leading energy brokers,
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Wall Street mostly dips, but off lows with help from HP
Reuters India - 116 Minutes ago
By Leah Schnurr NEW YORK (Reuters) - Stocks slipped on Thursday, recovering from session lows as encouraging domestic economic data and a rally in Hewlett-Packard's shares offset concerns about the timing
Wall Street mostly dips, but off lows with help from HP Reuters Yahoo! Finance
Wall St mostly dips, but off lows with help from HP Sharenet
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U.S. Fed not 'that close' to winding down stimulus - Bullard
Reuters India - 7 Hours ago
By Marc Jones LONDON (Reuters) - A senior U.S. central banker sought to give reassurance on Thursday that the Fed is in no hurry to start winding down its economic stimulus after comments by chairman
Fed not 'that close' to winding down stimulus - Bullard Reuters India
US Fed not 'that close' to winding down stimulus -Bullard Straits Times
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COLUMN - The many interpretations of Ben Bernanke: Kaletsky
Reuters UK - 4 Hours ago
5:39pm BST By May 23 (Reuters) - On Wednesday in Washington, Federal Reserve Chairman Ben Bernanke presented congressional testimony that repeated, virtually word for word, statements about U.S. monetary
Column: The many interpretations of Ben Bernanke 1440 WNFL
The many interpretations of Ben Bernanke: Kaletsky Sharenet
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China May Factory Output Contracts in Test for Premier
Bloomberg - 6 Hours ago
China’s manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter. The preliminary reading of 49.6 for a Purchasing
China May Factory Output Contracts in Test for Premier: Economy La Repubblica
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Goldman Sachs banker settles SEC's 'pay-to-play' charges
Reuters - 110 Minutes ago
Former Goldman Sachs banker Neil Morrison agreed to pay $100,000 to settle charges for his role in a pay-to-play scheme involving a Massachusetts gubernatorial campaign, the largest such fine ever levied
Goldman Sachs banker settles SEC's 'pay-to-play' Yahoo! UK and Ireland
Goldman Sachs banker settles SEC's 'pay-to-play' charges Reuters Yahoo! Finance
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US Bonds Flat as Possible Fed Tapering Spurs Worry
CNBC - 2 Hours ago
Traders in the 30-year bond options pit in Chicago. U.S. Treasury debt prices were little changed on Thursday, with benchmark yields holding above 2 percent, as traders worried about how high yields might
Bond prices flat as possible Fed tapering spurs worry Sharenet
TREASURIES-Bond prices flat as possible Fed tapering spurs worry CNBC
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Wall Street braces for China and Fed fallout
CNN - 7 Hours ago
Click for more market data. NEW YORK (CNNMoney) Investors better buckle up. It's shaping up to be a rough day on Wall Street. World markets tumbled Thursday, led by by the Nikkei, which sunk 7.3%. Other
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U.S. Stock-Index Futures Decline as China Manufacturing Shrinks
Bloomberg - 11 Hours ago
U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will decline for a second day, as data showed Chinese manufacturing unexpectedly shrank and as equity markets from Europe to Japan tumbled.
U.S. Stock Futures Decline as China Manufacturing Shrinks Bloomberg
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HP soars with Whitman turnaround
CNN - 17 Hours ago
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor
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Gold Futures Drop on Bernanke Testimony After Wide Price Swings
Bloomberg - 20 Hours ago
Gold futures closed lower following wide prices swings as Federal Reserve Chairman Ben S. Bernanke signaled that U.S. monetary stimulus may be scaled back. “If we see continued improvement, and we have
Gold Drops on Bernanke Testimony After Wide Price Swings Bloomberg
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Proxy advisory firm settles SEC charges over data breach
Reuters UK - 2 Hours ago
6:38pm BST By WASHINGTON (Reuters) - Institutional Shareholder Services settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange
UPDATE 1-Proxy advisory firm settles SEC charges over data breach XE
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Canadian Stocks Snap Four-Day Gain as Metals Drop on China Data
La Repubblica - 4 Hours ago
May 23 (Bloomberg) -- Canadian stocks fell for the first time in five days amid a global equity selloff as China’s manufacturing industry unexpectedly contracted. Teck Resources Ltd., Canada’s largest
Canada Stocks Snap 4-Day Gain as Commodities Drop on China Data Washington Post
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U.S. Stocks Pare Loss After Japan Leads Global Slump; Yen Jumps
Washington Post - 98 Minutes ago
May 23 (Bloomberg) -- U.S. stocks pared early losses as Hewlett-Packard Co. led technology shares higher after its earnings forecast beat estimates. Global equities slid, with Japanese shares posting
U.S. Stocks Pare Loss After Japan Leads Global Slump Bloomberg
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ISS Will Pay $300,000 Over Confidentiality Breach, SEC Says
Washington Post - 94 Minutes ago
(Updates with meals and tickets in ninth paragraph.) May 23 (Bloomberg) -- Institutional Shareholder Services Inc., which helps large investors make voting choices in corporate proxy contests, will pay
ISS Agrees to Pay $300,000 Over Confidentiality Breach, SEC Says BusinessWeek
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GLOBAL ECONOMY-U.S., Chinese factories struggle, Fed hints at less stimulus
Reuters - 7 Hours ago
* Chinese factory activity declines in May - PMI * U.S. manufacturing activity hits seven-month low * Euro zone downturn eases slightly * Data and comments from Bernanke send shares plummeting By Andy
GLOBAL ECONOMY-U.S., China factories struggle; Fed hints at less stimulus XE
Global economy: U.S., Chinese factories struggle, Fed hints at less stimulus GMA News.tv
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Gold Advances as Signs of China Slowdown Fuel Demand for Hedge
Washington Post - 93 Minutes ago
May 23 (Bloomberg) -- Gold capped the biggest gain in almost a month on signs that Chinese manufacturing will slow in May for the first time in seven months, sparking a drop in global equities and increased
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Primary Dealers Saw Fed’s Confusing Strategy Reducing QE Impact
BusinessWeek - 114 Minutes ago
The 21 primary dealers that trade securities directly with the Federal Reserve Bank of New York, said that confusion about the central bank’s intentions for its bond-buying program is reducing the policy’s
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Fed buys $15.3 bln of mortgage bonds, sells none
Reuters - 110 Minutes ago
The Federal Reserve bought $15.3 billion of agency mortgage-backed securities from May 16 through May 22, less than the $17.3 billion it purchased last week, the New York Federal Reserve Bank said on
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'Attractive & Fat' ad spoofs Abercrombie
CNN - 4 Hours ago
(CNN) -- Jes Baker is cutting retailer Abercrombie & Fitch down to size. Baker, who blogs under the name "The Militant Baker" and wears a size 22, changed the brand's A&F logo to "Attractive & Fat" in
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Wall St. dips as data, HP offset stimulus fears
Reuters - 4 Hours ago
Stocks pared their losses on Thursday, with the Dow turning positive on strength in Hewlett-Packard Co ( HP soared 14.1 percent to $24.22 a day after raising its profit outlook, while Boeing gained 1.9
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Europe Stocks Drop Most in 10 Months on Stimulus Concern, China
Washington Post - 4 Hours ago
May 23 (Bloomberg) -- European stocks dropped the most in 10 months after the Federal Reserve signaled it will scale back its stimulus if the U.S. economy improves and as data showed Chinese manufacturing
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Musk Says Tesla Stock Surge Sparked Funding Boost, Payoff
Bloomberg - 4 Hours ago
Elon Musk, Tesla Motors Inc. (TSLA)’s chief executive officer and co-founder, said his realization the electric-car maker could retire its U.S. loan nine years early didn’t arise until Tesla shares unexpectedly
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