Financial news and information

HSBC held on to early gains after Europe's largest bank reported a rise in interim earnings, despite writing off a further $2.6bn related to the US residential mortgage market. The bad debt charge rel…

JOHANNESBURG (Reuters) - South Africa's rand gained against the dollar on Monday, buoyed by buy-out talks surrounding mobile phone operator MTN, while stocks tracked global markets higher in last-minu…

News ) CEO Jamie Dimon said at a conference Monday he estimates the credit market crisis is 75 percent over, but that the recession is just beginning.Monday's gains showed investors are still willing …

NEW YORK (Reuters) - Stocks surged on Monday, led by technology shares, fueled by news that Hewlett-Packard was in talks to buy Electronic Data Services and on optimism over the U.S. economy, while Eu…

Last Update: 3:52 PM ET May 12, 2008 LOS ANGELES (MarketWatch) — U.S.-listed shares of overseas companies moved higher Monday, lifted by a rally on Wall Street and a reverse in losses in Chinese ADRs…

CHICAGO (MarketWatch) — Cablevision Systems Corp. said Monday that it will acquire a 97% stake in Newsday from Tribune Co. for $650 million, as the cable operator seeks to expand its advertising reac…

CHICAGO (MarketWatch) — Clear Channel Communications Inc. said Monday that a hearing related to its lawsuit against banks that had pledged to fund its $19.4 billion privatization has been postponed w…

NEW YORK (MarketWatch) — Deere Co. looks poised to benefit from another quarter of global agricultural growth, but higher raw material costs and diminishing equipment prices could create some signifi…

WASHINGTON (MarketWatch) — Analysts are predicting that Freddie Mac will take a loss in the first quarter of the year, which would put the mortgage-finance giant in the same boat as its sister instit…

SAN FRANCISCO (MarketWatch) — Technology stocks edged higher Monday, led by Research In Motion Ltd., which shot up more than 5% as the company unveiled its BlackBerry Bold smart phone.