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Wall Street Week Ahead: Bulls, bears and wallflowers
Aug 11th, 2012
NEW YORK (Reuters) - It's another one of those moments that always follow a big move in the stock market: Either you're a believer - or you're not. Right now, the market has its fair share of both. The S&P 500 is up 12 percent so far this year. Through July, it had its best first seven months since 2003 and its second- best seven-month run since 1998. That sounds like a bull market. But there is clearly a disconnect between the way markets have performed and the high level of caution among many investors. ... (Source: Reuters) -
By Suzanne Barlyn WASHINGTON (Reuters) - Wall Street's watchdog will present a plan to its board in July that would require brokers to tell certain clients about compensation they receive when they switch firms, the regulator's chief said on Tuesday. Richard Ketchum, the Financial Industry Regulatory Authority's chairman and chief ex... [Full Article]
By Alexandria Sage CANNES (Reuters) - Japanese director Takashi Miike got the final week of the Cannes film festival off to an explosive start on Monday, with big budget cop thriller "Shield of Straw" a sharp contrast to the more intense, intimate movies screened so far. Typically for Cannes, where critical passions run high, both exubera... [Full Article]
By Patrick Temple-West and Poornima Gupta WASHINGTON/SAN FRANCISCO (Reuters) - Using an unusual global tax structure, Apple Inc has kept billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a Senate report on the company's offshore tax structure said on Monday. ... (Source: Reuters)... [Full Article]
ANCHORAGE, Alaska (AP) - Dallas Seavey knows what it's like to mush across the wilds of Alaska. Now it remains to be seen how he survives being dropped off in the middle of that wilderness and navigates his way out without the help of a dog team. (Source: Associated Press)... [Full Article]
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