Wednesday's Wall Street Glance (AP)AP – Dow Jones
Wednesday's Wall Street Glance (AP)
AP – Dow Jones Industrials
Dollar robust vs yen pre-Greenspan (Reuters)
Reuters – The dollar hit a 14-month high againstthe yen on Wednesday as expectations grew Federal Reserve chiefAlan Greenspan will signal steady rises in U.S. interest ratesin testimony later in the day.
Nikkei ends lower (Reuters)
Reuters – Japan's Nikkei average fell 0.02 percenton Thursday as investors turned cautious and sold recentgainers such as steel makers, but market sentiment remainedfirm with auto stocks ending higher after a brokerage upgrade.
Dollar slips to lows on May durable goods (Reuters)
Reuters – The dollar initially slipped tosession lows against the euro on Friday, after a report showeddemand for U.S. big ticket items slipped in some categories inMay.
Maidenform all fit for public offering (Reuters)
Reuters – Maidenform Brands Inc., the intimateapparel maker that helped usher in the modern-day bra, isslated for a$150 million initial public offering in the comingweek.
Former chairman Richard Grasso says he's open to settling NYSE suit (Canadian Press)
Canadian Press – NEW YORK (AP) – Former New York Stock Exchange chief Richard Grasso, who was sued by New York's attorney general over his$187.5-million-US pay package, said Wednesday he's willing to settle the case.
Good Economic News May Not Boost Stocks (AP)
AP – Companies are more productive and more people have jobs. Corporate earnings growth is strong. And while oil prices remain near historic highs, the economy is showing great resilience. Even inflation is a non-issue. But don't expect a huge surge in stocks.
Salton gets NYSE delisting warning letter (Reuters)
Reuters – Salton Inc. , which makes theGeorge Foreman grill, on Wednesday said it received a warningfrom the New York Stock Exchange that its shares may bedelisted because of low market capitalization.
Probe into exchange mergers – FT report (Reuters)
Reuters – U.S. authorities are widening theirprobe into the mergers proposed by the New York Stock Exchangeand the Nasdaq Stock Market Inc. , the Financial Timesnewspaper reported on Monday.
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