Stocks narrowly mixed as economic growth slows
(AP)
 AP - Stocks have closed narrowly mixed after the government's gross domestic product report showed that the economy's growth is slowing. The market still had its best month in a year.
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Wall Street edges lower as investors mull slow recovery
(Reuters)
 Reuters - Stocks fell on Friday, rebounding for a second day in a row from more substantial losses, as concerns about slower economic growth held trading to a tight range.
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FTSE ends lower on US growth data
(AFP)
 AFP - Leading shares in London slipped lower on Friday after weaker-than-expected US growth figures stirred concern about the strength of the economic recovery, dealers said.
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Mutual Fund Buzz for July 30: Investors Still Favor Bond Funds
(U.S. News & World Report)
U.S. News & World Report - Investors still trust the safety of bond funds. June was another good month for fixed income. The Investment Company Institute reported that overall, mutual funds saw net inflows, mostly into bond funds. Bond funds experienced inflows of more than $20 billion--up about $6 billion from May. Meanwhile, stock funds saw more outflows. The WSJ reports that investors haven't consistently put money into stock funds since the market hit its low in March 2009. Low-yielding money market funds also continued to see outflows, which brings their total outflows for the year to more than $500 billion. |
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Subdued US growth weighs on world markets
(AP)
 AP - European and U.S. stock markets dropped sharply Friday after figures showed the U.S. economy slowed faster than expected in the second quarter, further eroding confidence in the recovery in the world's largest economy.
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European stocks falter before US output data
(AFP)
 AFP - Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data.
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SEC accuses Dallas investors of insider trading
(AP)
AP - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday. |
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Citigroup to pay $75 million to settle SEC charges
(Reuters)
 Reuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
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Citigroup paying $75M to settle civil charges
(AP)
 AP - Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.
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SEC charges Wyly brothers with $550 million fraud
(Reuters)
Reuters - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors. |
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How the major stock indexes fared on Thursday
(AP)
AP - Stocks ended a choppy day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals. Investors are torn between upbeat earnings news from companies and reports that point to an uncertain recovery. Traders were also uneasy ahead of the first reading on U.S. gross domestic product for the April-June quarter, to be released Friday. |
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A look at global economic developments
(AP)
AP - A look at economic developments and activity in major stock markets around the world Thursday: |
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Cisco briefly halted after circuit breaker
(Reuters)
Reuters - Trading in Cisco Systems Inc shares was briefly halted on Thursday after triggering a circuit breaker. |
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CA-CANADA Summary
(Reuters)
Reuters - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday. |
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FTSE 100 edges up in early deals
(AFP)
 AFP - London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.
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RIM shares up on reports of new BlackBerry
(AFP)
 AFP - Shares in Canada's Research in Motion surged Wednesday on reports the BlackBerry maker plans to release a new smartphone next week to rival Apple's iPhone.
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Stocks fall after Fed report on regional economy
(AP)
AP - THE FED CONFIRMS INVESTORS' VIEW: The Federal Reserve's "beige book," its report on the economy region by region, showed that the recovery is slowing in some parts of the country. That confirmed how investors see the economy, and that sent stocks falling. |
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Soros to buy 4 pct stake in Bombay bourse: report
(AFP)
 AFP - Billionaire investor George Soros is close to sealing a 40-million-dollar deal to buy Dubai Holding's 4.0 percent stake in the Bombay Stock Exchange (BSE), the Financial Times reported Wednesday.
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BP says SEC, Justice looking at securities matters
(AP)
AP - BP says the Securities and Exchange Commission and the Justice Department are conducting informal inquiries into securities matters arising from the Gulf oil spill. |
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NYSE busts trades after botched Bancorp share swap
(Reuters)
Reuters - A botched share swap last month in which 10 times more US Bancorp shares were issued than planned, angering and confusing investors, led the NYSE on Tuesday to cancel three days of trades in the stock. |
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