Stock index futures signal losses; Dell eyed

Traders work on the floor of the New York Stock ExchangePARIS (Reuters) - Stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.65 percent, Dow Jones futures down 0.46 percent and Nasdaq 100 futures down 0.49 percent at 0911 GMT. Dell Inc will be in focus after the computer major forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink. Dell shares sank more than 11 percent in after hours trade on Wall Street on Tuesday and were down 12 percent in Frankfurt on Wednesday morning . ...


TEXT-S&P summary: Cambridge Industrial Trust

(The following statement was released by the rating agency) May 23 - =============================================================================== Summary analysis -- Cambridge Industrial Trust -------------------- 23-May-2012 =============================================================================== CREDIT RATING: BBB-/Stable/-- Country: Singapore Primary SIC: Real estate investment trusts =============================================================================== Credit Rating History: Local currency Foreign currency 13-Jul-2006 BBB-/-- BBB-/-- ...

Wall St ends flat after late volatility

NEW YORK (Reuters) - U.S. stocks closed mostly flat on Tuesday after volatilility late in the session, with weakness in materials and energy shares offsetting strength in financials. Shares traded higher for much of the session on the back of an unexpectedly strong read on existing home sales, which lifted banks. But those gains dissipated in the last half hour of trading, with Wall Street briefly turning solidly negative before staging a rebound. ...

Guessing game begins over next Treasury chief

Geithner takes a tour of the Marlin Steel Wire Products factory in Baltimore, MarylandWASHINGTON (Reuters) - Wanted for the Treasury Department: a new boss who can fix trillion-dollar-plus budget deficits, overhaul the tax system and spur a reluctant Europe into fixing its debt crisis. It's a tall order, especially when the new Treasury chief also must deal with a fractious Congress - and all for a salary lower than that paid to many junior Wall Street bankers. ...


SEC, FINRA to review Facebook issues, Nasdaq sued

File photo of the Facebook logo on a screen inside at the Nasdaq Marketsite in New York(Reuters) - Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday's nearly flat close and Monday's 11 percent plunge, Facebook shares closed 8.9 percent lower at $31 on volume of 101 million shares. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...




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