Ex-Galleon trader Turney Duff offers an insider's view of how learned about Wall Street's dirty little secret: insider trading.» Read More
Balestra Capital, the hedge fund firm founded by James Melcher in 1979, is set to lose two senior leaders.
Bank of America Corp. rose$. 23 or 1.5 percent, to $16.00. Citigroup Inc. rose $1.99 or 4.4 percent, to $47.67. Goldman Sachs rose $2.02 or 1.3 percent, to $154.74.
Helped by strong government support, plentiful labour and an abundant supply of raw materials like steel, China could become a major offshore oil equipment manufacturing hub in less than 10 years, industry executives say, just like Singapore and South Korea overtook the United States and Europe in the 1990 s.
U.S. stocks rose on Monday, with equities rebounding from the S&P 500's worst week since 2012.
NEW YORK— U.S. stocks are closing higher, clawing back some of the ground they lost last week, as investors were encouraged by solid earnings from Citigroup and a pickup in retail sales last month. Citigroup rose 4 percent after its results came in better than the market was expecting.
U.S. Treasury prices held steady on Monday, as nervous investors continued to pull out of international stock markets.
Glencore, named as a co-conspirator, also bought a number of Brent cargoes to satisfy a tender to supply refiners in India. STRATEGY: BP Plc was alleged to have bought nearly all the propane in the Mont Belvieu storage fields in advance, then held on to it until the end of the month, when other companies that needed the gas on a northern pipeline would pay up for it.
*Citigroup one of S&P's biggest gainers after results. NEW YORK, April 14- U.S. stocks rose on Monday, rebounding after a sharp selloff in the previous session as strong results from Citigroup and bullish retail sales data lifted sentiment.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Advanced Micro Devices Inc. rose 1.6 percent to $3.71 with 22,506,600 shares traded. Alcoa Inc. rose 2.6 percent to $12.86 with 29,500,100 shares traded.
Bank of America Corp. rose$. 25 or 1.6 percent, to $16.02. Citigroup Inc. rose $1.86 or 4.1 percent, to $47.54. Goldman Sachs rose $2.16 or 1.4 percent, to $154.88.
The "Fast Money" traders share their final trades of the day.
Stronger earnings at Citigroup, the best retail sales gain in 18 months and dovish European Central bankers combined to turn the tide for stocks.
BOGOTA, April 14- The rally in Colombia's capital markets is set to extend at least through 2014, possibly buffering the impact from monetary tightening in the United States but also leading to more volatility, analysts said.
April 14- Citigroup Inc posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high. The biggest boon to Citigroup's first-quarter results came from Citi Holdings, the unit that houses the assets it's looking to shed.
April 14- Shares of medical device maker Medtronic Inc fell as much as 6 percent after a U.S. court temporarily halted sales of its aortic heart valve replacement system in the country.
NEW YORK, April 14- U.S. stocks bounced back on Monday, following a sharp selloff last session, with earnings results from Citigroup and retail sales data lifting sentiment while traders kept tabs on the possible escalation of hostilities in Ukraine.
Last week's selloff was not the beginning of the end, says NYSE floor trader Kenny Polcari. Here's why.
Bank of America Corp. rose$. 21 or 1.3 percent, to $15.98. Citigroup Inc. rose $1.58 or 3.5 percent, to $47.26. Goldman Sachs rose $1.67 or 1.1 percent, to $154.39.
The markets have a long checklist to cross off before mounting a comeback, and investors need to watch this tech stock this week, Jim Cramer said.
But the market pushed higher from the get-go Monday, receiving a boost from solid earnings from Citigroup and a strong pickup in retail sales last month. Among the stocks that rose sharply were WebMD, Edwards Lifesciences and Goodrich Petroleum. Citigroup helped stoke the rally.