Articles Written by:    IEVA M. AUGSTUMS     

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Bank of America CEO search still looms

With Bank of America Corp. CEO Ken Lewis retiring in less than seven weeks, analysts don't see any candidate emerging as a front-runner for his successor. The bank said this week that Lewis' replacement could be announced by late November. The ...

From IEVA M. AUGSTUMS, eTaiwan News,  16 Nov 2009
Related Topics: Bank of America,  Merrill Lynch,  Kenneth D Lewis,  U.S. Congress,  University of North Carolina

Stocks open lower on employment, retail sales

The Labor Department says new claims for unemployment insurance fell to a seasonally adjusted 502,000 from an upwardly revised 514,000 the previous week. ...

From IEVA M. AUGSTUMS, Atlanta Journal Constitution Vendor,  12 Nov 2009
Related Topics: Wal-Mart,  Labor Department,  Dow Jones,  Macy's,  Nordstrom, Inc.

Stock futures point to lower start on Wall Street

Wall Street is looking at a lower open Thursday as news of an improving job market failed to offset the market's disappointment over sales at Wal-Mart Stores Inc. The Labor Department said new claims for unemployment insurance fell to a seasonally ...

From IEVA M. AUGSTUMS, TheNewsTribune.com,  12 Nov 2009
Related Topics: Wal-Mart,  Labor Department,  Macy's,  Nordstrom, Inc.,  Dow Jones

Stocks edge higher as dollar weakens

also boosted stock prices. The French bank Credit Agricole SA posted earnings that topped expectations, while employment rose in Britain for the first time since May 2008. Wall Street anticipates a stronger open Wednesday, Nov. 11, 2009, as investors ...

From IEVA M. AUGSTUMS AND TIM PARADIS, Long Beach Press-Telegram,  11 Nov 2009
Related Topics: Federal Reserve,  Dow Jones,  Toll Brothers Inc.,  New York Mercantile Exchange,  Pulte Homes, Inc.

Stocks rise as dollar continues slide

expectations, while employment rose in Britain for the first time since May 2008. Wall Street anticipates a stronger open Wednesday, Nov. 11, 2009, as investors keep rallying around the expectation that interest rates will remain low for some time. ...

From IEVA M. AUGSTUMS AND TIM PARADIS, Long Beach Press-Telegram,  11 Nov 2009
Related Topics: Federal Reserve,  Dow Jones,  Toll Brothers Inc.,  NYSE,  NASDAQ

Stocks open higher as dollar continues slide

S tocks are rising in early trading as investors anticipate interest rates will remain low for some time. Record-low interest rates and the resulting slide in the dollar have been major forces behind the recent surge in stocks. Federal Reserve officials ...

From IEVA M. AUGSTUMS, Globe and Mail,  11 Nov 2009
Related Topics: Federal Reserve,  Macy's,  SPX

Stock futures point to early gains on Wall Street

Wall Street is looking at a stronger open Wednesday as investors keep rallying around the expectation that interest rates will remain low for some time. Record-low interest rates and the resulting slide in the dollar have been major forces behind the ...

From IEVA M. AUGSTUMS, TheNewsTribune.com,  11 Nov 2009
Related Topics: Federal Reserve,  Dow Jones,  Macy's,  FTSE

Stock futures point to early gains on Wall St.

W all Street is looking at a stronger open as investors keep rallying around the expectation that interest rates will remain low for some time. Record-low interest rates and the resulting slide in the dollar have been major forces behind the recent ...

From IEVA M. AUGSTUMS, Globe and Mail,  11 Nov 2009
Related Topics: Federal Reserve

BofA CEO says financial industry recovery slow

who is retiring at year's end, is believed to have decided to leave the bank because of the strife that has surrounded BofA since the Merrill Lynch deal closed. Bank of America Chairman and Chief Executive Officer Ken Lewis testifies on Capitol Hill ...

From IEVA M. AUGSTUMS, Daily Breeze,  10 Nov 2009
Related Topics: Bank of America,  Kenneth D Lewis,  Merrill Lynch

Stock futures point to lower Wall Street open

Stock index futures pointed to a lower open on Wall Street Tuesday as the dollar, which powered Monday's huge rally, was little changed. Investors paused after sending the Dow Jones industrials up 200 points for the second time in three days. They ...

From IEVA M. AUGSTUMS, Boston Globe,  10 Nov 2009
Related Topics: Dow Jones,  Beazer Homes USA, Inc.,  FTSE

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