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Judge promises to rule on SEC, BofA settlement
(AP)
AP - A judge promised Monday to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch.
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How the major stock indexes fared on Monday
(AP)
AP - The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe. |
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Dow closes below 10,000 for first time in 3 months
(AP)
AP - The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe.
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Euro zone debt worries sink Dow below 10,000
(Reuters)
Reuters - The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.
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Lower taxes, charges boost Nasdaq OMX profit
(AP)
AP - Eroding market share and weaker trading volumes hurt Nasdaq OMX Group Inc.'s fourth-quarter revenue, but sharply lower taxes and fewer charges helped the global exchange operator report better-than-expected profit growth.
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CVS Caremark, Motorola, Hasbro are big movers
(AP)
AP - The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: |
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Judge questions SEC $150 million accord with BofA
(Reuters)
Reuters - A federal judge expressed skepticism about the U.S. Securities and Exchange Commission's $150-million settlement with Bank of America Corp over the Merrill Lynch takeover, questioning whether the regulator was too tame in setting forth facts to help him decide. |
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On the Call: Nasdaq OMX CEO Bob Greifeld
(AP)
AP - Nasdaq OMX Group Inc., which operates equities and options exchanges in the U.S. and abroad, reported a better-than-expected fourth-quarter profit on Monday. Revenue declined, however, as trading volumes and pricing dipped. |
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