Noticias de Hoy

NEW YORK (Reuters) – U. S. stock index futures rose on Thursday, alongside other risk assets, as stronger-than-expected exports in the world’s second-biggest economy, China, raised hopes for a more robust recovery in the global economy this year. Data showed China’s export growth rebounded sharply to a seven-month high in December, a strong finish to the year after seven straight quarters of slowdown, even as demand from Europe and the United States remained subdued. . . .

View full post on Business News Headlines – Yahoo! News

WASHINGTON (Reuters) – More than five years after the housing market collapsed, the U. S. government’s newly created consumer watchdog said Thursday it will force banks to verify a borrower’s ability to repay loans to ward off the kind of loose lending that helped push the U. S. economy into recession. The Consumer Financial Protection Bureau said its new guidelines would also protect borrowers from irresponsible mortgage lending by providing some legal shields for lenders who issue safer, lower-priced loan products. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Stocks rose on Wednesday, rebounding from two days of losses, as investors turned their focus to the first prominent results of the earnings season. Stocks had retreated at the start of the week from the S&P 500’s highest point in five years, hit last Friday, on worries about possible earnings weakness. Shares of Alcoa Inc were down 0. 5 percent to $9. 08 after early gains, following the company’s earnings release after the bell on Tuesday. The largest U. S. aluminum producer said it expects global demand for aluminum to grow in 2013. Herbalife Ltd stock rose 4. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Wall Street rose on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year. Alcoa Inc said it expects global demand for aluminum will continue to grow in 2013, though the company kept a cautious tone as worries lingered over a looming U. S. budget confrontation. Shares of Alcoa, the largest aluminum producer in the United States, rose 0. 5 percent to $9. 18. Still, investors are wary about the outcome of the fourth-quarter earnings season. . . .

View full post on Business News Headlines – Yahoo! News

LONDON (Reuters) – European shares rose slightly on Wednesday, ending two days of losses after aluminum giant Alcoa opened the U. S. earnings season with an optimistic outlook for world demand. But with a light data day in prospect for Europe, featuring mainly German and Greek industrial output figures, and with European and UK central banks due to meet on Thursday, market movements were expected to be limited. Shares in Alcoa, the largest aluminum producer in the United States, rose 1. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Stocks fell on Tuesday, retreating from last week’s rally on the "fiscal cliff" deal in Washington, as companies started to report results for the fourth quarter. After a 4. 3 percent jump in the two sessions around the close of the fiscal cliff negotiations, the S&P has declined a bit, with investors finding few catalysts to extend the rally that took the benchmark to five-year highs. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Stocks declined on Tuesday as the market continued its retreat from last week’s rally on the "fiscal cliff" deal in Congress as investors awaited the start of the earnings season with muted expectations. Profits in the fourth quarter are seen above the previous quarter’s lackluster results, but analysts’ current estimates are down sharply from where they were in October. Quarterly earnings are expected to grow by 2. 7 percent, according to Thomson Reuters data. The benchmark S&P index has fallen 0. 5 percent in the wake of the 4. . . .

View full post on Business News Headlines – Yahoo! News

LONDON (Reuters) – U. S. stock index futures pointed to a slightly lower Wall Street open on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0. 1 to 0. 3 percent. Alcoa and Monsanto are two of the first large companies to report quarterly results as the earnings season begins. Wall Street expects both the companies to show improved profit from a year ago. ICSC/Goldman Sachs release chain store sales for the week ended January 5 at 1245 GMT. In the previous week, sales rose 0. 6 percent. Samsung Electronics said it likely earned a quarterly profit of $8. . . .

View full post on Business News Headlines – Yahoo! News

CHARLOTTE/WASHINGTON (Reuters) – Bank of America Corp announced more than $14 billion of legal settlements over bad mortgages it sold to investors and flaws in its foreclosure process, taking the bank a step closer to ending the home loan problems that have dogged it for years. About $3 billion of Bank of America’s Monday’s settlements were part of a larger $8. 5 billion deal between 10 big mortgage lenders and regulators to end a loan-by-loan review of foreclosures mandated by the government. . . .

View full post on Business News Headlines – Yahoo! News

NEW YORK (Reuters) – Stocks lost ground on Monday, as investors drew back from recent gains that lifted the S&P 500 to a five-year high, in anticipation of sluggish growth in corporate profits. Shares of financial companies dipped after a group of major U. S. banks agreed to pay a total of $8. 5 billion to end a government inquiry into faulty mortgage foreclosures. The KBW bank index , a gauge of U. S. bank stocks, was down 0. 3 percent. Other sectors were hit as well, most notably energy and utilities. The S&P 500 energy sector index fell 0. 8 percent and the utilities sector was off 1. 1 percent. . . .

View full post on Business News Headlines – Yahoo! News