A federal judge limited the extent to which former Goldman Sachs VP Fabrice Tourre can argue that he was acting on the advice of company lawyers in his defense against fraud charges.» Read More
Cutting is now in full swing from north Texas to the Kansas border, "said Mark Hodges, director of the farmers group Plains Grains Inc. The increasing supply weighed on futures, with Chicago Board of Trade July wheat easing 4-3/ 4 cents to $6.80- 3/ 4 per bushel, the lowest settlement since April 2.
Bank of America Corp. fell$. 13 or. 9 percent, to $13.09. Citigroup Inc. fell$. 83 or 1.7 percent, to $49.46. Goldman Sachs fell $2.15 or 1.3 percent, to $163.67.
SolarCity Corp. shares jumped Friday after a CreditSuisse analyst upgraded the company's stock. THE SPARK: Analyst Satya Kumar raised SolarCity to "Outperform" from "Neutral" based on new financing arrangements, lower operating costs and potential favorable changes to the regulatory environment in California.
Farmers were gathering hard red winter wheat in Texas and Oklahoma, with harvest likely to begin soon in the top growing state of Kansas. "
Bank of America Corp. fell$. 05 or. 4 percent, to $13.16. Citigroup Inc. fell$. 20 or. 4 percent, to $50.09. Goldman Sachs fell$. 93 or. 6 percent, to $164.89.
*Soybeans edge up but still on track for weekly loss. LONDON, June 14- Chicago corn futures fell for a third straight session on Friday as forecasts of near-perfect growing weather across the United States boosted supply prospects. Chicago Board of Trade new-crop December corn was off 0.2 percent at $5.34 a bushel by 1130 GMT.
Bank of America Corp. rose$. 15 or 1.1 percent, to $13.21. Citigroup Inc. rose$. 85 or 1.7 percent, to $50.29. Goldman Sachs rose $3.96 or 2.4 percent, to $165.82.
NEW YORK, June 13- Commodity funds with combined assets of about $10 billion are heading for the half-year mark with losses, with some hoping that improving market fundamentals will overpower worries over global growth and stimulus measures in the second half.
Bank of America Corp. rose$. 11 or. 8 percent, to $13.17. Citigroup Inc. rose$. 20 or. 4 percent, to $49.64. Goldman Sachs rose $2.81 or 1.7 percent, to $164.67.
Finally, a way for young Wall Streeters to talk to each other without the SEC, FBI or the boss finding out what they're saying and doing.
Bank of America Corp. rose$. 03 or. 2 percent, to $13.09. Citigroup Inc. rose$. 28 or. 6 percent, to $49.72. Goldman Sachs rose$. 81 or. 5 percent, to $162.67.
Selling gun-jumping technology to Wall Street is big business for suppliers of economic data. Should it be banned?
Bank of America Corp. fell$. 06 or. 5 percent, to $13.06. Citigroup Inc. fell$. 51 or 1.0 percent, to $49.44. Goldman Sachs fell $1.45 or. 9 percent, to $161.86.
WASHINGTON, June 12- The top U.S. derivatives regulatory agency is facing a leadership shake-up just as it deals with some of the thorniest issues in its overhaul of rules for Wall Street, lobbyists and people inside the agency say.
WASHINGTON, June 12- U.S. state and local governments finally appear to be collecting enough in taxes to raise spending and give the broader economy a bit of a lift after several years of being a drag. In Virginia, the state government last month passed a law to direct sales tax revenues, which are rebounding, toward transportation infrastructure.
Bank of America Corp. fell$. 05 or. 4 percent, to $13.07. Citigroup Inc. fell$. 60 or 1.2 percent, to $49.36. Goldman Sachs fell$. 67 or. 4 percent, to $162.64.
NEW YORK-- Boston Beer's stock was hopping Wednesday, after a Goldman Sachs analyst boosted the brewer's rating and price target, thanks in part to the success of its Angry Orchard cider. THE SPARK: Goldman's Judy Hong lifted Boston Beer Co. to "Neutral" from "Sell" and increased its price target to $162 from $141.
Bank of America Corp. rose$. 04 or. 3 percent, to $13.16. Citigroup Inc. rose$. 20 or. 4 percent, to $50.15. Goldman Sachs rose$. 34 or. 2 percent, to $163.65.
DUBAI, June 12- After several sluggish years, mergers and acquisitions activity within the Middle East is showing signs of revival, giving hope to global banks which scaled back their regional operations because of a dearth of deal flow.
JPMorgan Chase keeps its top spot for investment banking in the first quarter after bringing in $6.9 billion in revenues, putting it ahead of four rivals tied for second place.