Obsolete Certainty

Following a world full of uncertainty.

Entries Comments



Category: Finance

Stock futures signal higher open; Facet eyed

10 March, 2010 (08:00) | Business, Finance | By: O.C.

(Reuters) – Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.07 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.25 percent.



Toyota seeks to block executive testimony in suit

9 March, 2010 (20:00) | Business, Finance | By: O.C.

DETROIT (Reuters) – Toyota Motor Corp has asked a Michigan appeals court to intervene to keep its top two U.S. executives from being grilled by lawyers for the family of a woman killed while driving a Camry in 2008.



World stocks off 6-week high; oil tumbles

9 March, 2010 (08:00) | Business, Finance | By: O.C.

LONDON (Reuters) – World stocks inched lower on Tuesday from the previous day’s six-week high and oil tumbled, while the yen rose broadly as investors grew cautious after a recent rally in riskier assets.



Nasdaq rises on upgrades, market barely budges

8 March, 2010 (20:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – Technology shares pushed the Nasdaq higher on Monday on an otherwise flat day for stocks, led by BlackBerry maker Research in Motion and Cisco Systems.



Outrage: How Swaps Swallowed US Municipalities

7 March, 2010 (20:00) | Business, Finance | By: O.C.

Across the USA, municipalities, school districts, sewer systems and other tax-exempt debt issuers are ensnared in the derivatives mess. The New York Times explains.


Violence mars start of Iraq election

7 March, 2010 (08:00) | Business, Finance | By: O.C.

Bomb blasts have killed more than a dozen people in Baghdad as Iraqis head to the polls to vote in parliamentary elections described as the nation’s most decisive moment since the US-led invasion


FHA Extends Deadline to Submit Audited Financials. Elimination of Correspondent/Broker Approval Still Pending

6 March, 2010 (08:00) | Business, Finance | By: O.C.

Via email, I recieved the following guidance from the FHA this morning: Subject: Guidance for Currently FHA-Approved Loan Correspondents Regarding Renewal of FHA Lender Approval for 2010 As proposed in a November 30, 2009 via 74 FR 62521 , HUD is seeking to eliminate FHA approval for loan correspondents. Because this rulemaking is still in [...]


Wall St rallies on jobs data, consumer credit

5 March, 2010 (20:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – Stocks jumped and the Nasdaq hit an 18-month closing high on Friday as U.S. employers cut fewer jobs than expected last month and consumers showed signs of shedding their penny-pinching ways.



Wall Street rallies late on retail sales

5 March, 2010 (08:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – Stocks rose on Thursday as better-than-expected monthly sales from retailers and a drop in the number of Americans filing claims for jobless benefits pointed to stabilization in the economy.



Wall St rallies late on retail sales; jobs data eyed

4 March, 2010 (20:00) | Business, Finance | By: O.C.

NEW YORK (Reuters) – Stocks rose on Thursday as better-than-expected monthly sales from retailers and a drop in the number of Americans filing claims for jobless benefits pointed to stabilization in the economy.