Wednesday, May 16, 2012

16-May-2012 09:54

S&P 500 in third straight drop, JC Penney off late - Reuters :: http://www.reuters.com/article/2012/05/15/us-markets-stocks-idUSBRE8490K020120515

US energy independence is no longer just a pipe dream - USA TODAY :: http://www.usatoday.com/money/industries/energy/story/2012-05-15/1A-COV-ENERGY-INDEPENDENCE/54977254/1

Needy States Use Housing Aid Cash to Plug Budgets - New York Times :: http://www.nytimes.com/2012/05/16/business/states-diverting-mortgage-settlement-money-to-other-uses.html

Oil falls $1 on rise in US stocks, economic woes - Reuters :: http://www.reuters.com/article/2012/05/16/us-markets-oil-idUSBRE83H17O20120516

TREASURIES-Bonds supported as Greece fears grow - Reuters :: http://www.reuters.com/article/2012/05/16/markets-treasuries-asia-idUSL4E8GG4BR20120516

Moore Bet on JPMorgan Before Losses - BusinessWeek :: http://www.businessweek.com/news/2012-05-16/moore-leads-hedge-funds-betting-on-jpmorgan-before-losses

JPMorgan $2B trading loss expected to dominate hearing on bank oversight - Washington Post :: http://www.washingtonpost.com/politics/federal_government/jpmorgan-2b-trading-loss-expected-to-dominate-hearing-on-bank-oversight/2012/05/16/gIQADMD0SU_story.html

EADS takes charge for A380 repairs, lifts outlook - MarketWatch :: http://www.marketwatch.com/story/eads-takes-charge-for-a380-repairs-lifts-outlook-2012-05-16

France, Germany want to keep debt-stricken Greece in euro zone - Economic Times :: http://economictimes.indiatimes.com/news/international-business/france-germany-want-to-keep-debt-stricken-greece-in-euro-zone/articleshow/13162790.cms

GLOBAL MARKETS-Greek turmoil sends euro and shares lower - Reuters :: http://www.reuters.com/article/2012/05/16/markets-global-idUSL5E8GG37Y20120516

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