Obama Proving Pessimists Wrong as Rebounding Economy Converges With Stocks The political consensus may be that
President Barack Obama’s handling of the economy has been weak.
The judgment of money in all its forms has been overwhelmingly
positive, and that may be the more lasting appraisal.
Stocks in U.S. Climb as Concern Over Greece's Budget-Deficit Crisis Wanes U.S. stocks rose as concerns about
Greece’s financial crisis waned, a day after the Standard &
Poor’s 500 Index closed at a seven-week high.
Wholesale Inventories Fell in January for Second Month in Sign of Demand Inventories at U.S. wholesalers
unexpectedly fell in January for a second month, signaling
companies had difficulty keeping pace with demand.
Senate Said to Weigh Setting Up $50 Billion Fund to Wind Down Failed Firms Senate negotiators are closing in
on a deal to create a $50 billion trust fund from fees on large
financial firms that may include Goldman Sachs Group Inc. and
Citigroup Inc. and be used to wind down failing institutions,
said a Senate aide and two people familiar with the talks.
Buyout Funds Can't Spend $503 Billion as Venture Capital Deja Vu Threatens Buyout funds sitting on half a
trillion dollars committed by investors may need more than a
decade to put the money to work if mergers and acquisitions
continue at the current pace.
American Eagle Gains as Profit Rises, Outlook Is Above Analysts' Estimates American Eagle Outfitters Inc., the
young-adult apparel retailer, rose in U.S. trading after
forecasting first-quarter profit above analysts’ estimates and
posting a gain in fourth-quarter earnings.
America Movil Proposes One-Time Dividend, Larger Stock-Buyback Program America Movil SAB plans to pay a
one-time dividend and buy back more of its stock, rewarding
investors as the Latin American wireless carrier pursues the
region’s largest acquisition this year.
Vale's ADRs Cut to `Neutral' From `Buy' at UBS on `Disappointing' Results Vale SA’s American depositary
receipts were cut to “neutral” from “buy” at UBS AG, which
cut its valuation for the iron-ore producer to $32.70 from
$34.38 after “disappointing” fourth-quarter results.
Odds of Brazilian Rate Increase Decline If Meirelles Resigns, Volpon Says Brazilian central bank President
Henrique Meirelles is unlikely to raise the benchmark interest
rate this month if he leaves his post to seek a vice
presidential nomination, according to Tony Volpon, a Latin
America strategist at Nomura Holdings Inc.
Emerging-Market Stocks, Higher-Yielding Currencies Climb on China Exports Emerging market stocks rose,
erasing their losses for the year, and metal prices gained after
China said exports soared by the most in three years. The
British pound weakened as U.K. manufacturing contracted.
Brazil's Commodities Stocks to Lead 2010 Gains, Franklin Templeton Says Brazil’s commodities stocks are
expected to lead gains in 2010 with an expected pick up in the
U.S. economy, according to Franklin Resources Inc.
Chilean Peso Falls for a Second Day; Swap Yields Drop on Inflation Bets Chile’s peso fell for a second day
on speculation the government may finance part of the
reconstruction after last month’s earthquake with local bond
sales and amid declines in copper, the nation’s biggest export.
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