Provides the latest RSS feeds for Breaking Financial Markets News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Toronto Telegraph.com http://www.torontotelegraph.com/index.php/cat/45419e6f687dd329/ en-us Sat, 18 May 2013 13:49:30 -0400 Sat, 18 May 2013 13:49:30 -0400 30 Beijing, May 18 (Xinhua-ANI): U.S. stocks bounced back on Friday to end the week for a fourth straight gain, with the Dow Jones Industrial Average and S and P 500 closing at all-time highs. The blue-chip Dow surged 121.18 points, or 0.80 percent, to 15, 354.40 points. The broader S and P 500 soared 15.65 points, or 0.95 percent, to 1,666.12 points. The tech-rich Nasdaq Composite leapt 33.73 ... http://www.torontotelegraph.com/index.php/sid/214596883/scat/45419e6f687dd329 Sat, 18 May 2013 01:20:06 -0400 http://www.torontotelegraph.com/index.php/sid/214596883/scat/45419e6f687dd329 to build a stake, and not merely make a financial investment as the luxury group has claimed, a newspaper reported.LVMH said it would fight the findings of the watchdog's probe before its sanctions committee when it meets on May 31 to hear the company's defence.Hermes was not immediately available for comment.LVMH, which owns 22.6 percent of Hermes, surprised the market in October 2010 ... http://www.torontotelegraph.com/index.php/sid/214602559/scat/45419e6f687dd329 Sat, 18 May 2013 11:47:42 -0400 http://www.torontotelegraph.com/index.php/sid/214602559/scat/45419e6f687dd329 Reuters © Chairman of the Federal Reserve Bank Ben Bernanke attends the Treasury Department's Financial Stability Oversight Council in Washington April 25, 2013. REUTERS/Gary ... http://www.torontotelegraph.com/index.php/sid/214602379/scat/45419e6f687dd329 Sat, 18 May 2013 11:47:40 -0400 http://www.torontotelegraph.com/index.php/sid/214602379/scat/45419e6f687dd329 FORTUNE -- Computers one wears, rather than carries in a briefcase, backpack or pocket, are at an "inflection point" -- a market poised to explode from $3 billion to $5 billion today to as much as $30 billion to $50 billion in three to five years. That's according to aCredit Suisse report snaggedFriday ... http://www.torontotelegraph.com/index.php/sid/214602825/scat/45419e6f687dd329 Sat, 18 May 2013 11:30:51 -0400 http://www.torontotelegraph.com/index.php/sid/214602825/scat/45419e6f687dd329 Reuters © Visitors play with Microsoft's Xbox 360 consoles at the Tokyo Game Show in Chiba, east of Tokyo, September 15, 2011. REUTERS/Kim ... http://www.torontotelegraph.com/index.php/sid/214601765/scat/45419e6f687dd329 Sat, 18 May 2013 10:47:01 -0400 http://www.torontotelegraph.com/index.php/sid/214601765/scat/45419e6f687dd329 By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google staged four discussions expounding on the finer points of its "Glass" wearable computer during this week's developer conference. Missing from the agenda, however, was a session on etiquette ... http://www.torontotelegraph.com/index.php/sid/214601780/scat/45419e6f687dd329 Sat, 18 May 2013 10:25:09 -0400 http://www.torontotelegraph.com/index.php/sid/214601780/scat/45419e6f687dd329 ATHENS (Reuters) - Greece's second-largest lender Piraeus Bank (BOPr.AT) has hired four international investment banks as advisers on its 7.33 billion euro (6.2 billion) share issue, two bankers close to the procedure told Reuters on Saturday. ... http://www.torontotelegraph.com/index.php/sid/214601781/scat/45419e6f687dd329 Sat, 18 May 2013 10:25:08 -0400 http://www.torontotelegraph.com/index.php/sid/214601781/scat/45419e6f687dd329 The bar at top represents entire user population. The left pie chart shows the 6% who are "devoted" to a particular mobile ecosystem. The right pie chart shows the 9% who are merely "loyal." Source: Forrester Research Inc. Click to enlarge. FORTUNE -- According to ... http://www.torontotelegraph.com/index.php/sid/214601147/scat/45419e6f687dd329 Sat, 18 May 2013 08:25:17 -0400 http://www.torontotelegraph.com/index.php/sid/214601147/scat/45419e6f687dd329 Expressing surprise over S&P's threat to downgrade India's credit rating, India Inc termed the agency's affirming its negative outlook on the country as unfortunate and ... http://www.torontotelegraph.com/index.php/sid/214600513/scat/45419e6f687dd329 Sat, 18 May 2013 07:10:45 -0400 http://www.torontotelegraph.com/index.php/sid/214600513/scat/45419e6f687dd329 Expressing surprise over S&P's threat to downgrade India's credit rating, India Inc termed the agency's affirming its negative outlook on the country as unfortunate and ... http://www.torontotelegraph.com/index.php/sid/214600512/scat/45419e6f687dd329 Sat, 18 May 2013 07:10:43 -0400 http://www.torontotelegraph.com/index.php/sid/214600512/scat/45419e6f687dd329 NEW DELHI (AFP) - India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, in another blow to the scandal-tainted Congress government.The announcement late Friday comes after finance ministry officials have been arguing for a ratings upgrade, saying the government has been taking strong steps to ... http://www.torontotelegraph.com/index.php/sid/214599085/scat/45419e6f687dd329 Sat, 18 May 2013 04:32:39 -0400 http://www.torontotelegraph.com/index.php/sid/214599085/scat/45419e6f687dd329 Hong Kong, May 18, 2013 (AFP) - Hong Kong saw its first electric taxis hit the streets on Saturday in a step towards reducing the city's high levels of roadside pollution. The 45 bright red cars were launched by Chinese electric vehicle producer BYD, which is partly backed by US investment titan Warren Buffett. Called the BYD e6, the five-door crossover sedans are powered by iron phosphate ... http://www.torontotelegraph.com/index.php/sid/214597704/scat/45419e6f687dd329 Sat, 18 May 2013 02:03:35 -0400 http://www.torontotelegraph.com/index.php/sid/214597704/scat/45419e6f687dd329 By Daniel BasesNEW YORK (Reuters) - Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy guidelines.European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behaviour by these Chinese ... http://www.torontotelegraph.com/index.php/sid/214597073/scat/45419e6f687dd329 Sat, 18 May 2013 01:19:07 -0400 http://www.torontotelegraph.com/index.php/sid/214597073/scat/45419e6f687dd329 SAN FRANCISCO (Reuters) - Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.1 billion in cash for New York-based blogging service Tumblr, tech blog AllThingsD cited sources close to the situation as saying on ... http://www.torontotelegraph.com/index.php/sid/214594803/scat/45419e6f687dd329 Fri, 17 May 2013 21:33:54 -0400 http://www.torontotelegraph.com/index.php/sid/214594803/scat/45419e6f687dd329 Plenty of compelling reasons exist for the Federal Open Market Committee, the policy making arm of the Fed, to maintain its easy-money policies that have kept the stock market rising. Concerns that the policies aimed at keeping interest rates about as low as they can go are understandable but easy-money proponents at the Fed can cite a number of recent economic reports and corporate earnings ... http://www.torontotelegraph.com/index.php/sid/214594605/scat/45419e6f687dd329 Fri, 17 May 2013 20:41:40 -0400 http://www.torontotelegraph.com/index.php/sid/214594605/scat/45419e6f687dd329 * JPMorgan lifts S&P 500 year-end target to 1,715 * Nasdaq closes at highest since October 2000 * JCPenney shares drop after earnings * Tableau Software surges in first day of trade * Dow up 0.8 percent, S&P 500 up 1 percent, Nasdaq up 1 percent ... http://www.torontotelegraph.com/index.php/sid/214593676/scat/45419e6f687dd329 Fri, 17 May 2013 19:00:19 -0400 http://www.torontotelegraph.com/index.php/sid/214593676/scat/45419e6f687dd329 US stocks closed out another week of new record highs on Friday as investors focused on the positive side of mixed economic news and corporate earnings. Retail sales barely budged higher in April and jobless claims rose, but permits to build housing soared and consumer inflation remained tame, data showed. A pair of better-than-expected reports on Friday - on consumer confidence and the economic ... http://www.torontotelegraph.com/index.php/sid/214592805/scat/45419e6f687dd329 Fri, 17 May 2013 18:47:15 -0400 http://www.torontotelegraph.com/index.php/sid/214592805/scat/45419e6f687dd329 WASHINGTON (AFP) - US authorities seized the accounts of a Bitcoin digital currency exchange operator, claiming it was functioning as an "unlicensed money service business," court documents showed Friday.A warrant revealed by the Department of Homeland Security showed a judge signed the seizure order Tuesday for the accounts of Mutum Sigillum LCC, a subsidiary of Japan-based Mt. Gox, ... http://www.torontotelegraph.com/index.php/sid/214592505/scat/45419e6f687dd329 Fri, 17 May 2013 18:31:09 -0400 http://www.torontotelegraph.com/index.php/sid/214592505/scat/45419e6f687dd329 Stocks closed higher for a fourth straight week. Indexes are at record levels after surging this year on optimism about the economy and record corporate ... http://www.torontotelegraph.com/index.php/sid/214591652/scat/45419e6f687dd329 Fri, 17 May 2013 18:16:06 -0400 http://www.torontotelegraph.com/index.php/sid/214591652/scat/45419e6f687dd329 NEW YORK, N.Y. - Encouraging news about the U.S. economy is extending the stock market's rally. U.S. stock indexes rose for the fourth week in a row and are at record levels. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence. The Dow Jones industrial average rose 121 points to close at 15,354 Friday, an increase of 0.8 per ... http://www.torontotelegraph.com/index.php/sid/214591660/scat/45419e6f687dd329 Fri, 17 May 2013 18:03:13 -0400 http://www.torontotelegraph.com/index.php/sid/214591660/scat/45419e6f687dd329 Reuters © The Yahoo logo is shown at the company's headquarters in Sunnyvale, California April 16, 2013. The company will release its quarterly results on Tuesday. REUTERS/Robert ... http://www.torontotelegraph.com/index.php/sid/214590706/scat/45419e6f687dd329 Fri, 17 May 2013 17:22:19 -0400 http://www.torontotelegraph.com/index.php/sid/214590706/scat/45419e6f687dd329 NEW YORK (AFP) - Yahoo! scheduled a news conference Monday amid reports it was in talks with popular blogging platform Tumblr about an acquisition or strategic alliance.The California tech giant offered no details of the event, set for New York, but invited reporters to "join us as we share something special."Tumblr, a fast-growing blogging platform popular with young Internet users, is ... http://www.torontotelegraph.com/index.php/sid/214591348/scat/45419e6f687dd329 Fri, 17 May 2013 17:22:16 -0400 http://www.torontotelegraph.com/index.php/sid/214591348/scat/45419e6f687dd329 terms of use . Historical and current end-of-day data provided by SIX Financial Information. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc. All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More information ... http://www.torontotelegraph.com/index.php/sid/214591355/scat/45419e6f687dd329 Fri, 17 May 2013 17:15:50 -0400 http://www.torontotelegraph.com/index.php/sid/214591355/scat/45419e6f687dd329 The Dow Jones industrial average, S&P 500 and Nasdaq all ended higher Friday, with the Dow and S&P 500 finishing at record levels. For the week, the S&P 500 added 2%, the Dow rose 1.5% and the Nasdaq advanced ... http://www.torontotelegraph.com/index.php/sid/214590926/scat/45419e6f687dd329 Fri, 17 May 2013 17:15:16 -0400 http://www.torontotelegraph.com/index.php/sid/214590926/scat/45419e6f687dd329 Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.The news on the U.S. economy gave investors little to get excited about. Applications for unemployment benefits rose last week and manufacturing slowed in the mid-Atlantic region. Wal-Mart Stores sank after warning of weaker earnings ahead.The Dow Jones industrial average ... http://www.torontotelegraph.com/index.php/sid/214591247/scat/45419e6f687dd329 Fri, 17 May 2013 17:14:55 -0400 http://www.torontotelegraph.com/index.php/sid/214591247/scat/45419e6f687dd329 Energy ETF. QCLN is a relative unknown in the ETF market, but that may be about to change. Currently just $30 million is invested in QCLN, and most days only $150,000 worth of its shares changes hands. In fact, it's not even a particularly well-designed or well-run fund. It cots 60 basis points a year, or $60 for each $10,000 invested, to hold just 37 U.S.-listed clean energy firms. ... http://www.torontotelegraph.com/index.php/sid/214591356/scat/45419e6f687dd329 Fri, 17 May 2013 17:12:28 -0400 http://www.torontotelegraph.com/index.php/sid/214591356/scat/45419e6f687dd329 ORLEANS, France (AFP) - The European Central Bank is exploring ways to directly help small and medium-sized companies as a way to boost the recession-hit eurozone economy directly, said Benoit Coeure, a member of the bank's executive board.Coeure, speaking at a conference south of Paris, did not say how exactly the policy would work and stressed that the ECB would not intervene to replace ... http://www.torontotelegraph.com/index.php/sid/214590070/scat/45419e6f687dd329 Fri, 17 May 2013 16:10:40 -0400 http://www.torontotelegraph.com/index.php/sid/214590070/scat/45419e6f687dd329 (Reuters) - Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday.Panasonic will cut 90 percent of Sanyo's global workforce of about 2,500 in around three years, the daily reported.About 1,000 workers at Sanyo's headquarters will be reduced to around 100 this fiscal year, leaving just a skeleton crew for ... http://www.torontotelegraph.com/index.php/sid/214589084/scat/45419e6f687dd329 Fri, 17 May 2013 16:10:38 -0400 http://www.torontotelegraph.com/index.php/sid/214589084/scat/45419e6f687dd329 Swiss billionaire Jean-Claude Gandur poses next to 'Sarah,' a painting by Jean Fautrier, one of his collection of masterpieces on display in late 2011 at the Fabre museum, Montpellier. (Image credit: AFP/Getty Images via @daylife) After five years, Jean Claude Gandur is back in the game. The Swiss billionaire made the bulk of his $2.1 billion fortune (as of ... http://www.torontotelegraph.com/index.php/sid/214589609/scat/45419e6f687dd329 Fri, 17 May 2013 16:00:00 -0400 http://www.torontotelegraph.com/index.php/sid/214589609/scat/45419e6f687dd329 Treasury Secretary Jacob Lew sent a letter on Friday formally notifying Congress that the Treasury will begin implementing so-called "extraordinary measures" to keep the country's borrowing below its legal ... http://www.torontotelegraph.com/index.php/sid/214589150/scat/45419e6f687dd329 Fri, 17 May 2013 15:51:17 -0400 http://www.torontotelegraph.com/index.php/sid/214589150/scat/45419e6f687dd329 stocks took a step back Thursday amid a raft of mixed economic reports and as some Fed officials called for an end to monetary stimulus this year. "The market is very sensitive to comments about the Fed pulling back," said Quincy Krosby, market strategist with Prudential Financial. But Friday's economic reports "helped assuage fears that the economy and consumer were going ... http://www.torontotelegraph.com/index.php/sid/214590071/scat/45419e6f687dd329 Fri, 17 May 2013 15:51:17 -0400 http://www.torontotelegraph.com/index.php/sid/214590071/scat/45419e6f687dd329 The Internal Revenue Service scandal couldn't have come at a worse time for the nation's 2 million federal workers, who are desperate to end furloughs and get their first raise in three ... http://www.torontotelegraph.com/index.php/sid/214589105/scat/45419e6f687dd329 Fri, 17 May 2013 15:51:06 -0400 http://www.torontotelegraph.com/index.php/sid/214589105/scat/45419e6f687dd329 Vodafone's new Chief Executive Vittorio Colao poses for photos after their company's annual general meeting in a conference centre in Westminster, London July 29, ... http://www.torontotelegraph.com/index.php/sid/214589050/scat/45419e6f687dd329 Fri, 17 May 2013 15:45:34 -0400 http://www.torontotelegraph.com/index.php/sid/214589050/scat/45419e6f687dd329 NEW YORK | Fri May 17, 2013 3:40pm EDT NEW YORK May 17 (Reuters) - U.S. stocks extended gains in late trading on Friday, with the S&P 500 up 1 percent and at a fresh record high, led by growth sectors after upbeat data encouraged investors. The Dow Jones industrial average rose 122.67 points or 0.81 percent, to 15,355.89, the S&P 500 gained 16.67 points or 1.01 percent, to 1,667.14 and ... http://www.torontotelegraph.com/index.php/sid/214590343/scat/45419e6f687dd329 Fri, 17 May 2013 15:40:38 -0400 http://www.torontotelegraph.com/index.php/sid/214590343/scat/45419e6f687dd329 WASHINGTON (AFP) - US Treasury Secretary Jacob Lew said on Friday that the government would not feel the pinch from a cap on debt before September, as net new borrowings were to halt this weekend."Extraordinary measures" to sustain the government without being forced to slash spending or default on the debt due to the borrowing limit "will not be exhausted until after Labor ... http://www.torontotelegraph.com/index.php/sid/214587785/scat/45419e6f687dd329 Fri, 17 May 2013 14:58:56 -0400 http://www.torontotelegraph.com/index.php/sid/214587785/scat/45419e6f687dd329 WASHINGTON (AFP) - The outgoing head of the IRS told Congress Friday that the US tax agency made "foolish mistakes" in targeting conservative groups but insisted the action was not politically motivated.Lawmakers hammered Steven Miller, who resigned this week at the request of President Barack Obama, over abuse of power at the agency that Democrats and Republicans alike criticized as ... http://www.torontotelegraph.com/index.php/sid/214588783/scat/45419e6f687dd329 Fri, 17 May 2013 14:58:53 -0400 http://www.torontotelegraph.com/index.php/sid/214588783/scat/45419e6f687dd329 Premier Colin Barnett is looking three years into WA's future and sees a looming gap in new construction that needs to be filled with the next generation of big resources projects.Mr Barnett said he had not bought into hype at the height of the so-called mining boom and despite recent job losses, project deferrals and a growing chorus calling the peak of the mining construction boom he was ... http://www.torontotelegraph.com/index.php/sid/214588784/scat/45419e6f687dd329 Fri, 17 May 2013 14:58:50 -0400 http://www.torontotelegraph.com/index.php/sid/214588784/scat/45419e6f687dd329 Reuters © Pirelli tyres are seen in the paddock as it rains ahead of the first practice session of the Singapore F1 Grand Prix at the Marina Bay Street Circuit September 21, 2012. REUTERS/Tim ... http://www.torontotelegraph.com/index.php/sid/214588785/scat/45419e6f687dd329 Fri, 17 May 2013 14:58:45 -0400 http://www.torontotelegraph.com/index.php/sid/214588785/scat/45419e6f687dd329 NEW YORK -- Shares of Marketo, a provider of cloud-based marketing software, leaped in their trading debut on Friday.The stock rose $7.70, or 59.2 percent, to $20.70 in afternoon trading. The shares were priced at $13, at the high end of the expected range of $11 to $13 per share. The broader markets rose just under 1 percent.Marketo raised about $79.3 million in the offering. The initial ... http://www.torontotelegraph.com/index.php/sid/214587744/scat/45419e6f687dd329 Fri, 17 May 2013 14:52:25 -0400 http://www.torontotelegraph.com/index.php/sid/214587744/scat/45419e6f687dd329 Ben Bernanke will influence the gold market next week. The U.S. dollar's strength was a factor in gold-price weakness this week, as the dollar index rose to its highest level since August 2010. Whether the greenback continues to rise or pulls back will determine where gold goes next week, market participants said. The dollar's trajectory itself will likely hinge on what Bernanke says ... http://www.torontotelegraph.com/index.php/sid/214587787/scat/45419e6f687dd329 Fri, 17 May 2013 14:48:18 -0400 http://www.torontotelegraph.com/index.php/sid/214587787/scat/45419e6f687dd329 for awhile , so its 13% rise since reporting quarterly earnings late Wednesday that exceeded analyst expectation was nice for me to see. Even with the surge in its stock price, CSCO is still very undervalued due to GAAP earnings that understate the true profitability of the company. A variety of unusual expenses hidden in operating items totaling $530 million dollars (over 5% of net income after ... http://www.torontotelegraph.com/index.php/sid/214587686/scat/45419e6f687dd329 Fri, 17 May 2013 14:48:18 -0400 http://www.torontotelegraph.com/index.php/sid/214587686/scat/45419e6f687dd329 new report casts considerable doubt on how well many Americans will fare in retirement: Those born between 1966 and 1975, the so-called Gen-Xers, will be the worst off, able to replace only half their working income. Older savers will do better, but only just. What happened? One way to look at the problem is through a policy lens. As companies abandoned pension plans during the 1970s and ... http://www.torontotelegraph.com/index.php/sid/214587753/scat/45419e6f687dd329 Fri, 17 May 2013 14:48:18 -0400 http://www.torontotelegraph.com/index.php/sid/214587753/scat/45419e6f687dd329 Privacy concerns surrounding Google Glass are growing rampant. Eight Congressmen even joined in on the conversation on Thursday, fearing that the cyborg-like technology could be too ... http://www.torontotelegraph.com/index.php/sid/214588786/scat/45419e6f687dd329 Fri, 17 May 2013 14:39:46 -0400 http://www.torontotelegraph.com/index.php/sid/214588786/scat/45419e6f687dd329 ROME, Italy (AFP) - Italian police on Friday arrested four alleged hackers believed to belong to the activist group Anonymous for attacking websites, including those of the Vatican and the parliament in Rome.The four have been placed under house arrest and communications police carried out a dozen raids.They are suspected of launching computer attacks on "strategic and institutional ... http://www.torontotelegraph.com/index.php/sid/214586355/scat/45419e6f687dd329 Fri, 17 May 2013 13:45:34 -0400 http://www.torontotelegraph.com/index.php/sid/214586355/scat/45419e6f687dd329 Reuters © Christian Chabot, (bottom R) CEO of Tableau Software, waits for his company's stock to begin trading on the floor of the New York Stock Exchange, May 17, 2013. REUTERS/Brendan ... http://www.torontotelegraph.com/index.php/sid/214587362/scat/45419e6f687dd329 Fri, 17 May 2013 13:45:29 -0400 http://www.torontotelegraph.com/index.php/sid/214587362/scat/45419e6f687dd329 WASHINGTON (AFP) - Apple and US lawmakers are gearing up for a showdown over taxes -- specifically how to deal with the huge stockpile of cash held by Apple and other multinational firms offshore.A Senate panel has called Apple chief executive Tim Cook and others from the California tech giant to testify at a hearing Tuesday on "methods employed by multinational corporations to shift profits ... http://www.torontotelegraph.com/index.php/sid/214587361/scat/45419e6f687dd329 Fri, 17 May 2013 13:45:25 -0400 http://www.torontotelegraph.com/index.php/sid/214587361/scat/45419e6f687dd329 SAN FRANCISCO (MarketWatch) -- Energy stocks rose Friday, shaking off recent weakness and looking set to end the week with a gain of more than ... http://www.torontotelegraph.com/index.php/sid/214586151/scat/45419e6f687dd329 Fri, 17 May 2013 13:38:33 -0400 http://www.torontotelegraph.com/index.php/sid/214586151/scat/45419e6f687dd329 how the banks' scheme worked , and experts have since warned that influential pricing data from publishers serving the oil market could be similarly vulnerable to manipulation. A review ordered by the British government last year in the wake of the Libor revelations cited "clear" parallels between the work of the oil-price-reporting agencies and Libor. "[T]hey are both widely ... http://www.torontotelegraph.com/index.php/sid/214587363/scat/45419e6f687dd329 Fri, 17 May 2013 13:20:13 -0400 http://www.torontotelegraph.com/index.php/sid/214587363/scat/45419e6f687dd329 Fortune 500 ) is now the most widely held technology stock: 62% of the top hedge funds have a stake in Google. That shift in hedge fund loyalty mirrors the performance of both stocks in 2013. Apple's stock is down 19% since the beginning of the year, while Google's is up ... http://www.torontotelegraph.com/index.php/sid/214586198/scat/45419e6f687dd329 Fri, 17 May 2013 13:20:12 -0400 http://www.torontotelegraph.com/index.php/sid/214586198/scat/45419e6f687dd329 how the banks' scheme worked , and experts have since warned that influential pricing data from publishers serving the oil market could be similarly vulnerable to manipulation. A review ordered by the British government last year in the wake of the Libor revelations cited "clear" parallels between the work of the oil-price-reporting agencies and Libor. "[T]hey are both widely ... http://www.torontotelegraph.com/index.php/sid/214586238/scat/45419e6f687dd329 Fri, 17 May 2013 13:20:00 -0400 http://www.torontotelegraph.com/index.php/sid/214586238/scat/45419e6f687dd329 Between ballooning student loans, credit cards and money owed to family members, they are facing an average $35,200 in college-related debt, a Fidelity survey of 750 college graduates ... http://www.torontotelegraph.com/index.php/sid/214586236/scat/45419e6f687dd329 Fri, 17 May 2013 13:20:00 -0400 http://www.torontotelegraph.com/index.php/sid/214586236/scat/45419e6f687dd329 Privacy concerns surrounding Google Glass are growing rampant. Eight Congressmen even joined in on the conversation on Thursday, fearing that the cyborg-like technology could be too ... http://www.torontotelegraph.com/index.php/sid/214586237/scat/45419e6f687dd329 Fri, 17 May 2013 13:19:59 -0400 http://www.torontotelegraph.com/index.php/sid/214586237/scat/45419e6f687dd329 MADRID (Reuters) - The arrest of a prominent former Spanish banker is raising hopes among campaigners that the hunt for those responsible for the problems inherited by Bankia ... http://www.torontotelegraph.com/index.php/sid/214586160/scat/45419e6f687dd329 Fri, 17 May 2013 13:13:33 -0400 http://www.torontotelegraph.com/index.php/sid/214586160/scat/45419e6f687dd329 Fri May 17, 2013 1:08pm EDT * JPMorgan lifts S&P 500 year-end target to 1,715 * JCPenney shares drop after earnings * Kansas City Southern to join S&P 500, shares rise * Dow up 0.4 pct, S&P 500 up 0.5 pct, Nasdaq up 0.5 pct By Rodrigo Campos NEW YORK, May 17 (Reuters) - Growth sectors led Wall Street's advance on Friday as encouraging economic data put major U.S. stock indexes on track to ... http://www.torontotelegraph.com/index.php/sid/214587691/scat/45419e6f687dd329 Fri, 17 May 2013 13:08:53 -0400 http://www.torontotelegraph.com/index.php/sid/214587691/scat/45419e6f687dd329 By Christine MurrayLONDON (Reuters) - Britain's government said on Friday it had hired a team of auditors to investigate whether it was overcharged on two contracts with outsourcing firms Serco and G4S.The Ministry of Justice said auditors from professional services firm PWC would examine two contracts signed in 2005 which together cost the department 107 million pounds in 2012/13 for ... http://www.torontotelegraph.com/index.php/sid/214585830/scat/45419e6f687dd329 Fri, 17 May 2013 12:24:45 -0400 http://www.torontotelegraph.com/index.php/sid/214585830/scat/45419e6f687dd329 SAN FRANCISCO (MarketWatch) --The International Energy Agency said this week that a "supply shock" will essentially change the way the oil market works -- and with change come opportunities, analysts ... http://www.torontotelegraph.com/index.php/sid/214584483/scat/45419e6f687dd329 Fri, 17 May 2013 12:17:33 -0400 http://www.torontotelegraph.com/index.php/sid/214584483/scat/45419e6f687dd329 , expecting it to report earnings that are up 12.7% from a year ago when it reports its first quarter earnings on Tuesday, May 21, 2013. The consensus estimate is 62 cents per share, up from earnings of 55 cents per share a year ago. Analysts are expecting earnings of $2.82 per share for the fiscal year. Revenue is projected to be 6.2% above the year-earlier total of $5.8 billion at $6.16 ... http://www.torontotelegraph.com/index.php/sid/214584487/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:44 -0400 http://www.torontotelegraph.com/index.php/sid/214584487/scat/45419e6f687dd329 , yesterday Gates became the richest man again. On the surface, the change in fortunes seems perverse; mobile phones are expanding in Mexico whereas Microsoft's biggest weapon Windows 8 is a dud. During the earnings ... http://www.torontotelegraph.com/index.php/sid/214584554/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:44 -0400 http://www.torontotelegraph.com/index.php/sid/214584554/scat/45419e6f687dd329 Wall Street consensus is 48 cents per share, up 6.7% from a year ago when Dick's Sporting Goods reported earnings of 45 cents per share. The consensus estimate has declined from 50 cents over the past three months. Analysts are expecting earnings of $2.83 per share for the fiscal year. Revenue is projected to eclipse the year-earlier total of $1.28 billion by 6.1%, finishing at $1.36 ... http://www.torontotelegraph.com/index.php/sid/214584488/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:44 -0400 http://www.torontotelegraph.com/index.php/sid/214584488/scat/45419e6f687dd329 when the company reports its results for the second quarter on Tuesday, May 21, 2013. Analog Devices reported profit of 53 cents a year ago, but the consensus estimate calls for earnings per share of 52 cents this time around. The consensus estimate has moved up from 51 cents over the past three months. For the fiscal year, analysts are expecting earnings of $2.18 per share. Analysts look for ... http://www.torontotelegraph.com/index.php/sid/214584486/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:44 -0400 http://www.torontotelegraph.com/index.php/sid/214584486/scat/45419e6f687dd329 , as it gets ready to report its first quarter results on Tuesday, May 21, 2013. Analysts are expecting the company to book a profit of 78 cents a share, up from 65 cents a year ago. The consensus estimate has gone up, from 75 cents, over the past three months. For the fiscal year, analysts are projecting earnings of $3.54 per share. Revenue is expected to be $18.68 billion for the quarter, 4.9% ... http://www.torontotelegraph.com/index.php/sid/214584490/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:43 -0400 http://www.torontotelegraph.com/index.php/sid/214584490/scat/45419e6f687dd329 , which is slated to report its third quarter results on Tuesday, May 21, 2013. Analysts project a profit of $7.22 a share, a rise from $6.28 per share a year ago. The consensus estimate has decreased from $7.23 over the past three months. For the fiscal year, analysts are expecting earnings of $27.53 per share. Revenue is projected to eclipse the year-earlier total of $2.11 billion by 5.1%, ... http://www.torontotelegraph.com/index.php/sid/214584489/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:43 -0400 http://www.torontotelegraph.com/index.php/sid/214584489/scat/45419e6f687dd329 Facebook raised a shade over $16 billion in its initial public offering May 17, narrowly falling short of Visa as the single-largest U.S. IPO of the last 25 years, according to S&P Capital IQ. These are the 10 largest U.S. IPOs since January ... http://www.torontotelegraph.com/index.php/sid/214584563/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:42 -0400 http://www.torontotelegraph.com/index.php/sid/214584563/scat/45419e6f687dd329 Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX). Specifically, the equity's 10-day put/call volume ratio of 1.27 registers higher than 87% of all other readings taken over the past year. Or, in simpler terms, speculators have bought to open puts over their bullish counterparts at a faster clip just 13% of the time during the last 12 months. Likewise, Schaffer's put/call open ... http://www.torontotelegraph.com/index.php/sid/214585831/scat/45419e6f687dd329 Fri, 17 May 2013 12:11:42 -0400 http://www.torontotelegraph.com/index.php/sid/214585831/scat/45419e6f687dd329 Tesla shares did something on Friday that they don't often do. They fell. The stock was down nearly 3% in late morning trading even though ... http://www.torontotelegraph.com/index.php/sid/214585832/scat/45419e6f687dd329 Fri, 17 May 2013 12:02:32 -0400 http://www.torontotelegraph.com/index.php/sid/214585832/scat/45419e6f687dd329 While this would be (heavily discounted) cake for more frugal folk, when I am asked to choose between convenience and savings, I confess to having an unfortunate tendency to go with the former. Time to toe a more price-conscious ... http://www.torontotelegraph.com/index.php/sid/214585833/scat/45419e6f687dd329 Fri, 17 May 2013 12:02:31 -0400 http://www.torontotelegraph.com/index.php/sid/214585833/scat/45419e6f687dd329 Associated Press Twitter account and issued a false tweet claiming that two explosions had hit the White House, injuring President Obama. That tweet led to a ... http://www.torontotelegraph.com/index.php/sid/214585834/scat/45419e6f687dd329 Fri, 17 May 2013 12:02:30 -0400 http://www.torontotelegraph.com/index.php/sid/214585834/scat/45419e6f687dd329 Ginni, for many of us, Watson is that Jeopardy! Game; but when you think of Watson it's a much bigger thought, right? Yes, she has done way more than that ! It's about the coming of a third area of technology, right? You know, the original systems counted things. tThe next set of things were programmable. This thing learns, right? You give it very little instruction and then the more ... http://www.torontotelegraph.com/index.php/sid/214586010/scat/45419e6f687dd329 Fri, 17 May 2013 12:02:30 -0400 http://www.torontotelegraph.com/index.php/sid/214586010/scat/45419e6f687dd329 CEO James Gorman has defied predictions that he would be forced out of the firm, and has nearly pulled off an amazing turnaround. FORTUNE -- Nearly a year ago, James Gorman sat in a chair on his firm's trading floor, clipped on a microphone and stared into a camera. For Morgan Stanley's CEO, it was Facebook ... http://www.torontotelegraph.com/index.php/sid/214585814/scat/45419e6f687dd329 Fri, 17 May 2013 12:02:29 -0400 http://www.torontotelegraph.com/index.php/sid/214585814/scat/45419e6f687dd329 stocks took a step back Thursday amid a raft of mixed economic reports and as some Fed officials called for an end to monetary stimulus this year. "The market is very sensitive to comments about the Fed pulling back," said Quincy Krosby. But Friday's economic reports "helped assuage fears that the economy and consumer were going deeper into a soft patch." ... http://www.torontotelegraph.com/index.php/sid/214584567/scat/45419e6f687dd329 Fri, 17 May 2013 12:02:22 -0400 http://www.torontotelegraph.com/index.php/sid/214584567/scat/45419e6f687dd329 Reuters © The logo of commodities trader Glencore is pictured in front of the company's headquarters in the Swiss town of Baar November 20, 2012. REUTERS/Arnd ... http://www.torontotelegraph.com/index.php/sid/214582972/scat/45419e6f687dd329 Fri, 17 May 2013 11:05:14 -0400 http://www.torontotelegraph.com/index.php/sid/214582972/scat/45419e6f687dd329 WASHINGTON (AFP) - A group of US lawmakers has asked Google to answer questions on the privacy implications and possible "misuse of information" of its Google Glass project.Eight lawmakers in the Congressional Privacy Caucus sent a letter Thursday saying they are "curious whether this new technology could infringe on the privacy of the average American."The lawmakers asked ... http://www.torontotelegraph.com/index.php/sid/214584116/scat/45419e6f687dd329 Fri, 17 May 2013 11:05:03 -0400 http://www.torontotelegraph.com/index.php/sid/214584116/scat/45419e6f687dd329 Crude oil gains on Friday threatened to eliminate the current weekly loss of less than 1%. Oil hasn't had a weekly pullback since ... http://www.torontotelegraph.com/index.php/sid/214582933/scat/45419e6f687dd329 Fri, 17 May 2013 10:57:57 -0400 http://www.torontotelegraph.com/index.php/sid/214582933/scat/45419e6f687dd329 SAN FRANCISCO (MarketWatch) -- Tech stocks showed strength in Friday's trading session, with several bellwethers rising and Facebook Inc. gaining ground on its one-year anniversary of becoming a public ... http://www.torontotelegraph.com/index.php/sid/214582934/scat/45419e6f687dd329 Fri, 17 May 2013 10:57:56 -0400 http://www.torontotelegraph.com/index.php/sid/214582934/scat/45419e6f687dd329 Take the money and run or keep your allocation to stocks? I'm sure this is a question many of you have. The market has had a good run so far this year, with the S&P 500 gaining 17.3% on a total-return basis through Wednesday's close, despite a long list of worries. Then there is the old adage of "sell in May and go away." But, Mr. Market remains in a chipper mood as is ... http://www.torontotelegraph.com/index.php/sid/214584135/scat/45419e6f687dd329 Fri, 17 May 2013 10:53:43 -0400 http://www.torontotelegraph.com/index.php/sid/214584135/scat/45419e6f687dd329 Cisco announced a strong set of Q3 FY2013 results May 15, sending the stock up by around 10% in after-hours trading. Revenues increased by more than 5% over the same period last year, and operating profits grew at a faster 7% rate for the sixth quarter in a row. The biggest relief for Cisco's investors was that the macro-economic situation continued to see a slow and steady recovery, with ... http://www.torontotelegraph.com/index.php/sid/214584134/scat/45419e6f687dd329 Fri, 17 May 2013 10:53:43 -0400 http://www.torontotelegraph.com/index.php/sid/214584134/scat/45419e6f687dd329 Fri May 17, 2013 10:50am EDT * UMich consumer sentiment data, leading indicators top estimates * J.C. Penney drops after earnings * Kansas City Southern to join S&P 500 * Dow up 0.4 pct, S&P 500 up 0.6 pct, Nasdaq up 0.6 pct By Chuck Mikolajczak NEW YORK, May 17 (Reuters) - U.S. stocks advanced on Friday, with the S&P 500 erasing declines in the previous session, putting the index on track for ... http://www.torontotelegraph.com/index.php/sid/214584495/scat/45419e6f687dd329 Fri, 17 May 2013 10:50:44 -0400 http://www.torontotelegraph.com/index.php/sid/214584495/scat/45419e6f687dd329 Austin, TX FORTUNE – Only a year after the U.S. housing market hit bottom, it may be bubbling up -- again. Odd as it may seem, some economists warn the steady rise in home prices, at least in some markets, are inflated and could eventually pop. Prices nationwide rose nearly 6% last year -- more than most ever expected. While that has continued so far this year, leading builders to build ... http://www.torontotelegraph.com/index.php/sid/214584136/scat/45419e6f687dd329 Fri, 17 May 2013 10:43:58 -0400 http://www.torontotelegraph.com/index.php/sid/214584136/scat/45419e6f687dd329 Enjoy fine wine? Sip on this: Following huge markups for the 2009 and 2010 vintages -- "perhaps two of the best ever," says K&L Wines co-owner Clyde Beffa -- and lower demand for less favored 2011 bottles, Bordeaux chteaux slashed prices up to 60% last year. The trend continues as the 2011 vintage leaves distributors and retailers with unsold ... http://www.torontotelegraph.com/index.php/sid/214583084/scat/45419e6f687dd329 Fri, 17 May 2013 10:43:56 -0400 http://www.torontotelegraph.com/index.php/sid/214583084/scat/45419e6f687dd329 Location: New York, N.Y. It's easy to see why some consider Generation Y to be a generation of lazy, entitled narcissists. We expect a lot, and feel we deserve even more. This sense of entitlement does not arise from arrogance or apathy. It arises because young people need to believe they're worth something since the world -- one where economic instability has led to fewer ... http://www.torontotelegraph.com/index.php/sid/214583076/scat/45419e6f687dd329 Fri, 17 May 2013 10:43:56 -0400 http://www.torontotelegraph.com/index.php/sid/214583076/scat/45419e6f687dd329 FORTUNE -- This week's Google I/O conference in San Francisco was disappointingly light on Android news. And it was especially light on new, enterprise-friendly features for Android devices.Instead, it showed improvements aimed at consumers and education institutions. But while Google may not seem focused on making its mobile operating system more attractive to IT departments, other ... http://www.torontotelegraph.com/index.php/sid/214584120/scat/45419e6f687dd329 Fri, 17 May 2013 10:43:55 -0400 http://www.torontotelegraph.com/index.php/sid/214584120/scat/45419e6f687dd329 Data: Whale Watch. Options trades not included. FORTUNE -- Any institution with more than $100 million in equities under management was required to file a Form 13f Wednesday telling the U.S. Securities and Exchange Commission what stocks they bought and sold last quarter, and once again Apple ... http://www.torontotelegraph.com/index.php/sid/214584137/scat/45419e6f687dd329 Fri, 17 May 2013 10:43:53 -0400 http://www.torontotelegraph.com/index.php/sid/214584137/scat/45419e6f687dd329 Each Fortune conference -- from Brainstorm Green, Brainstorm Tech, to the Most Powerful Women Summit, and the Global Forum -- yields fascinating conversations with the best and brightest minds in ... http://www.torontotelegraph.com/index.php/sid/214583024/scat/45419e6f687dd329 Fri, 17 May 2013 10:43:49 -0400 http://www.torontotelegraph.com/index.php/sid/214583024/scat/45419e6f687dd329 As a single New Yorker, I do have some idiosyncratic expenses. Still, plenty of what I discovered could apply to most people's daily routines. Here, a day in the life of a ... http://www.torontotelegraph.com/index.php/sid/214584138/scat/45419e6f687dd329 Fri, 17 May 2013 10:43:48 -0400 http://www.torontotelegraph.com/index.php/sid/214584138/scat/45419e6f687dd329 By Michele Kambas NICOSIA (Reuters) - The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's 17.5 ... http://www.torontotelegraph.com/index.php/sid/214583012/scat/45419e6f687dd329 Fri, 17 May 2013 10:37:55 -0400 http://www.torontotelegraph.com/index.php/sid/214583012/scat/45419e6f687dd329 NEW YORK | Fri May 17, 2013 10:08am EDT NEW YORK May 17 (Reuters) - U.S. stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average rose 64.81 points or 0.43 percent, to 15,298.03, the S&P 500 gained 9.33 points or 0.57 percent, to 1,659.8 and the Nasdaq Composite ... http://www.torontotelegraph.com/index.php/sid/214582960/scat/45419e6f687dd329 Fri, 17 May 2013 10:08:35 -0400 http://www.torontotelegraph.com/index.php/sid/214582960/scat/45419e6f687dd329 US stocks have opened in positive territory following gains in leading foreign markets. Five minutes into trade on Friday, the Dow Jones Industrial Average rose 55.13 (0.36 per cent) to 15,288.35. The broad-based S&P 500 increased 7.15 (0.43 per cent) to 1,657.62, while the tech-rich Nasdaq Composite Index jumped 18.67 (0.54 per cent) to 3,483.91. Leading indices in France, Germany, Britain and ... http://www.torontotelegraph.com/index.php/sid/214582962/scat/45419e6f687dd329 Fri, 17 May 2013 09:57:16 -0400 http://www.torontotelegraph.com/index.php/sid/214582962/scat/45419e6f687dd329 Reuters © French President Francois Hollande reacts as he speaks to journalists in the courtyard after a meeting at the Elysee Palace in Paris May 17, 2013. REUTERS/Gonzalo ... http://www.torontotelegraph.com/index.php/sid/214581550/scat/45419e6f687dd329 Fri, 17 May 2013 09:48:33 -0400 http://www.torontotelegraph.com/index.php/sid/214581550/scat/45419e6f687dd329 By Laurence FletcherLONDON (Reuters) - A booming population, fuelled by immigration, will help Britain's economy to grow more strongly than Germany's later this decade and could drive its stock market much higher, according to one of the UK's biggest equity hedge funds.Toscafund, with $1.3 billion of funds open to investment, made its bullish predictions amid signs the UK economy ... http://www.torontotelegraph.com/index.php/sid/214581514/scat/45419e6f687dd329 Fri, 17 May 2013 09:48:28 -0400 http://www.torontotelegraph.com/index.php/sid/214581514/scat/45419e6f687dd329 By Sarah MortimerLONDON (Reuters) - UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios.After years of slow economic growth and record low interest rates, UK pension funds have this year for the first time turned to leveraged loans: they now average 2 percent of their ... http://www.torontotelegraph.com/index.php/sid/214582641/scat/45419e6f687dd329 Fri, 17 May 2013 09:48:24 -0400 http://www.torontotelegraph.com/index.php/sid/214582641/scat/45419e6f687dd329 LONDON (AFP) - Europe's main stock markets rebounded on Friday, with Paris jumping above 4,000 points for the first time since July 2011 as traders went bargain-hunting after earlier losses, dealers said.In late morning deals, the Paris CAC 40 rallied to 4,009.15 points, which was the highest level since July 7, 2011. It later stood at 3,992.65 points, up 0.34 percent from Thursday's ... http://www.torontotelegraph.com/index.php/sid/214581768/scat/45419e6f687dd329 Fri, 17 May 2013 09:48:16 -0400 http://www.torontotelegraph.com/index.php/sid/214581768/scat/45419e6f687dd329 Prices have been fluctuating as the market speculates how recent economic data points may impact the Federal Reserve's time-frame for winding down its bond purchase ... http://www.torontotelegraph.com/index.php/sid/214581493/scat/45419e6f687dd329 Fri, 17 May 2013 09:41:15 -0400 http://www.torontotelegraph.com/index.php/sid/214581493/scat/45419e6f687dd329 NEW YORK (MarketWatch) -- The U.S. dollar strengthened Friday, trading at its strongest level in nearly three years versus a basket of currencies after a Federal Reserve official projected the possible timing of a winding down of the Fed's bond ... http://www.torontotelegraph.com/index.php/sid/214581494/scat/45419e6f687dd329 Fri, 17 May 2013 09:41:14 -0400 http://www.torontotelegraph.com/index.php/sid/214581494/scat/45419e6f687dd329 Week ahead: Stocks in the spotlight Stock markets will be in the spotlight next week after the global rally showed signs of stalling this week. Nina Bains and Sara Sjolin also look at speculation over Fed and Bank of Japan changes in ... http://www.torontotelegraph.com/index.php/sid/214581495/scat/45419e6f687dd329 Fri, 17 May 2013 09:41:13 -0400 http://www.torontotelegraph.com/index.php/sid/214581495/scat/45419e6f687dd329 Business Insider , based on analyses of average market performance by month over the past 50 years, stocks underperform in the six-month period from May through October when compared with the period from November through ... http://www.torontotelegraph.com/index.php/sid/214582642/scat/45419e6f687dd329 Fri, 17 May 2013 09:37:21 -0400 http://www.torontotelegraph.com/index.php/sid/214582642/scat/45419e6f687dd329 Comex gold futures are trading solidly lower Friday morning and hit a four-week low, the seventh trading day in a row of losses-marking its longest losing streak in four years. Weak long liquidation and technical short selling are featured late this week in the gold futures market. June Comex gold last traded down $16.00 at $1,370.70 an ounce. Spot gold was last quoted down $16.80 at $1,376.25. ... http://www.torontotelegraph.com/index.php/sid/214581682/scat/45419e6f687dd329 Fri, 17 May 2013 09:37:20 -0400 http://www.torontotelegraph.com/index.php/sid/214581682/scat/45419e6f687dd329 NEW YORK | Fri May 17, 2013 9:33am EDT NEW YORK May 17 (Reuters) - U.S. stocks opened higher on Friday and were on track for their fourth straight week of gains as equities rebounded off their worst daily decline in nearly three weeks. The Dow Jones industrial average was up 40.51 points, or 0.27 percent, at 15,273.73. The Standard and Poor's 500 Index was up 5.70 points, or 0.35 ... http://www.torontotelegraph.com/index.php/sid/214582958/scat/45419e6f687dd329 Fri, 17 May 2013 09:33:01 -0400 http://www.torontotelegraph.com/index.php/sid/214582958/scat/45419e6f687dd329 "In hindsight, I guess I was one of the lucky ones," said Graubart, 48, who had placed an order to buy Facebook shares at $41 per share or below through his Charles Schwab trading account on May 18, 2012. "Watching the stock's performance after the IPO, I felt relieved to have missed out." Facebook's IPO was one of the most widely anticipated in history. It was a ... http://www.torontotelegraph.com/index.php/sid/214582616/scat/45419e6f687dd329 Fri, 17 May 2013 09:27:47 -0400 http://www.torontotelegraph.com/index.php/sid/214582616/scat/45419e6f687dd329 From Sheryl Sandberg and the Nasdaq to the graffiti artist who took stock instead of cash, here's who's riding high and lying low one year after the Facebook ... http://www.torontotelegraph.com/index.php/sid/214582644/scat/45419e6f687dd329 Fri, 17 May 2013 09:27:46 -0400 http://www.torontotelegraph.com/index.php/sid/214582644/scat/45419e6f687dd329 Click on the map to see state-level information on student loan delinquencies and balances. Nearly 12% of student loans are at least 90 days delinquent, according to new federal data. But borrowers in some states are having more trouble paying their loans than their peers elsewhere. West Virginia has the highest share of delinquent loan balances, at 17.8%, while South Dakota has the lowest, at ... http://www.torontotelegraph.com/index.php/sid/214582643/scat/45419e6f687dd329 Fri, 17 May 2013 09:27:45 -0400 http://www.torontotelegraph.com/index.php/sid/214582643/scat/45419e6f687dd329 DDAIF all pushed higher. Peugeot's stock rallied by as much as 7%. New car demand in the United Kingdom continued to grow, but the picture remains mixed elsewhere in the EU. Car registrations were up in Spain and Germany, but fell in Italy and France, which dipped back into recession in the first quarter of the ... http://www.torontotelegraph.com/index.php/sid/214582645/scat/45419e6f687dd329 Fri, 17 May 2013 09:27:37 -0400 http://www.torontotelegraph.com/index.php/sid/214582645/scat/45419e6f687dd329 When Facebook made its stock market debut last May, Barry Graubart was set to buy $10,000 worth of shares in the initial public offering. But due to Nasdaq's trading glitches, his buy order never went ... http://www.torontotelegraph.com/index.php/sid/214581570/scat/45419e6f687dd329 Fri, 17 May 2013 09:27:36 -0400 http://www.torontotelegraph.com/index.php/sid/214581570/scat/45419e6f687dd329 Fri May 17, 2013 9:14am EDT * University of Michigan consumer sentiment data, leading indicators on tap * J.C. Penney dips after earnings * Kansas City Southern to join S&P 500 * Futures up: Dow 50 points, S&P 6.9 points, Nasdaq 11.25 points By Chuck Mikolajczak NEW YORK, May 17 (Reuters) - U.S. stocks were set for a higher open on Friday, putting the S&P 500 on track to rebound from its worst ... http://www.torontotelegraph.com/index.php/sid/214582957/scat/45419e6f687dd329 Fri, 17 May 2013 09:14:46 -0400 http://www.torontotelegraph.com/index.php/sid/214582957/scat/45419e6f687dd329 ROME (AFP) - Italy's coalition government on Friday adopted draft laws to boost funding for redundancies and freeze a property tax, partly fulfilling an election promise by Silvio Berlusconi's People of Freedom party that threatened to split the cabinet.Another draft bill adopted by the cabinet abolishes the double salary received by government ministers who are also members of ... http://www.torontotelegraph.com/index.php/sid/214580484/scat/45419e6f687dd329 Fri, 17 May 2013 08:33:53 -0400 http://www.torontotelegraph.com/index.php/sid/214580484/scat/45419e6f687dd329 SAN FRANCISCO (MarketWatch) -- Fixed-income investors have been having a tough time of it. A global-central-banking push to lure investors into stocks and real estate has dragged yields on even the riskiest debt to record ... http://www.torontotelegraph.com/index.php/sid/214580329/scat/45419e6f687dd329 Fri, 17 May 2013 08:27:35 -0400 http://www.torontotelegraph.com/index.php/sid/214580329/scat/45419e6f687dd329 Strong demand for defensive stocks--the consumer staples, cyclical and telecommunication shares that typically pay high dividends--have made these income favorites fairly pricey. Estimated price-to-earnings ratios for 2013 average 17 times for defensive sectors compared to 13.5 times with cyclicals, or sectors including energy, natural resources and financials. That makes it even more imperative ... http://www.torontotelegraph.com/index.php/sid/214580328/scat/45419e6f687dd329 Fri, 17 May 2013 08:27:34 -0400 http://www.torontotelegraph.com/index.php/sid/214580328/scat/45419e6f687dd329 From Sheryl Sandberg and the Nasdaq to the graffiti artist who took stock instead of cash, here's who's riding high and lying low one year after the Facebook ... http://www.torontotelegraph.com/index.php/sid/214581236/scat/45419e6f687dd329 Fri, 17 May 2013 08:15:05 -0400 http://www.torontotelegraph.com/index.php/sid/214581236/scat/45419e6f687dd329 the new world of fundraising , in which so-called crowdfunding websites like Indiegogo and Kickstarter let just about anyone with an idea try his or her hand at bankrolling a dream. Proponents of crowdfunding believe it has the potential to upend traditional financing models, such as loans and venture capital, and unleash a tidal wave of capital for entrepreneurs, creative types, and, yes, ... http://www.torontotelegraph.com/index.php/sid/214581254/scat/45419e6f687dd329 Fri, 17 May 2013 08:15:02 -0400 http://www.torontotelegraph.com/index.php/sid/214581254/scat/45419e6f687dd329 The Rice Business Plan Competition bills itself as the largest and richest of its kind in the world. It's a three-day event during which 42 student teams (selected from some 1,600 applicants globally) face off for a pot of more than $1 million in cash and investment funding. For the winners, the money and mentoring they get at Rice are often enough to make the difference between school ... http://www.torontotelegraph.com/index.php/sid/214581253/scat/45419e6f687dd329 Fri, 17 May 2013 08:15:02 -0400 http://www.torontotelegraph.com/index.php/sid/214581253/scat/45419e6f687dd329 LONDON (Reuters) - Google Inc's Executive Chairman Eric Schmidt is due to meet British Prime Minister David Cameron on Monday as a participant of an advisory group just days after UK lawmakers lambasted the Internet company's tax ... http://www.torontotelegraph.com/index.php/sid/214580346/scat/45419e6f687dd329 Fri, 17 May 2013 08:08:55 -0400 http://www.torontotelegraph.com/index.php/sid/214580346/scat/45419e6f687dd329 Fri May 17, 2013 7:49am EDT * April registrations up 1.8 pct year on year * British sales up almost 15 pct * Calendar factor flatters numbers By Christiaan Hetzner and Rhys Jones FRANKFURT/LONDON, May 17 (Reuters) - Europe's ailing car market ended a streak of 18 straight months of falling sales, though a number of one-off factors suggested that a sustained recovery will be harder to ... http://www.torontotelegraph.com/index.php/sid/214580420/scat/45419e6f687dd329 Fri, 17 May 2013 07:49:14 -0400 http://www.torontotelegraph.com/index.php/sid/214580420/scat/45419e6f687dd329 Financial regulators are taking a harder line on exchanges amid concerns over their ability to police the markets they operate, as the SEC prepares to hit one with a record ... http://www.torontotelegraph.com/index.php/sid/214579287/scat/45419e6f687dd329 Fri, 17 May 2013 07:18:28 -0400 http://www.torontotelegraph.com/index.php/sid/214579287/scat/45419e6f687dd329 ASIAN shares were mostly stronger on Friday as Japanese stocks hit a fresh multi-year high after Wall Street dipped on weaker-than-expected economic ... http://www.torontotelegraph.com/index.php/sid/214579293/scat/45419e6f687dd329 Fri, 17 May 2013 06:59:16 -0400 http://www.torontotelegraph.com/index.php/sid/214579293/scat/45419e6f687dd329