 The Guardian |
Analysis: Greeks not alone in bank savings exodus
Reuters By Steve Slater and George Georgiopoulos | LONDON/ATHENS (Reuters) – Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain … Euro moves lower as investors remain wary Spain borrowing rates rise, bank shares slide European Stocks Fall |
 Sydney Morning Herald |
Say It Ain't So, Jamie: The JPMorgan Chase Crisis Is Not About Money
Forbes Nelson Bunker Hunt famously said it after the silver collapse of 1980: “A billion dollars isn't what it used to be.” Ironically, the marketplace jitters set off by JPMorgan Chase's recent front-page trading losses might likewise suggest that $ 2 billion … The Hubris of Jamie Dimon Is it Time to Break Up Big Banks?: Poll JPMorgan losses grow by $ 1 billion, sources say |
 Globe and Mail |
Wal-Mart 1Q Net Rises 10%; US Same-Store Sales Up
Wall Street Journal By Karen Talley and Mia Lamar NEW YORK (Dow Jones)–Wal-Mart Stores Inc.'s (WMT) fiscal first-quarter earnings rose 10% as the world's biggest retailer saw customer demand and sales pick-up in the US while overseas operations also performed strongly. Wal-Mart's 1Q profit up 10.1 percent Walmart Tops Expectations As U.S. Turnaround Continues Wal-Mart 1Q Net Rises 10%; US Same-Store Sales Up For 3rd Straight Quarter |
 Bloomberg |
Sears Posts First-Quarter Profit After Selling Stores
Bloomberg Sears Holdings Corp. (SHLD), the retailer controlled by hedge fund manager Edward Lampert, reported first- quarter net income of $ 189 million after selling stores and said it would partially spin off its Canadian operations. The profit of $ 1.78 a share … Sears Posts 1Q Profit; To Spin-Off Part Of Canada Unit Sears Returns to Profit; Plans Canadian Spinoff Sears Plans Partial Spinoff of Canada Unit |
 Boston.com |
US Stock Futures Slip Ahead Of Jobless Claims Data
Wall Street Journal By Tomi Kilgore DOW JONES NEWSWIRES NEW YORK (Dow Jones)–US stock futures slipped Thursday morning ahead of jobless claims data, as weakness in European markets, on the back of increased worries about contagion from Greece, overshadowed strong results … Stock Futures Tick Lower Ahead of Jobs Data Europe Stocks, U.S. Futures Drop on ECB as Spanish Bonds Fall U.S. Stock Futures Rise Before Jobs, Manufacturing Data |
