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Reuters - Stocks opened lower on Monday after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.
Merkel presses Greece as another bailout deadline slips (Reuters)
Reuters - Greece let yet another deadline slip on Monday for responding to painful terms for a new EU/IMF bailout, as German Chancellor Angela Merkel made clear Europe's patience is wearing thin over drawn-out negotiations among its feuding political leaders.
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Reuters - Stocks opened lower on Monday after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.
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Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.
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You can get generous yields…but also considerable risk. Consider using stocks as just one element in a diversified income portfolio.
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AP - Hasbro Inc.'s fourth-quarter profit slipped 1 percent, pinched by softer-than-expected demand in the U.S. and Canada and slow sales of games and puzzles.
With sparse data, focus returns to Europe (Reuters)
Reuters - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
Aon Q4 profit rises, but margin pressures persist (Reuters)
Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
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Barnes & Noble’s most recent gambit, a refusal to sell books published by its rival Amazon, shows that the country’s largest bookstore isn’t backing down from the e-tail giant. But will it pay off? Last week, B&N announced that it wouldn’t stock Amazon-published titles in its 700-odd stores. The massive Seattle-based e-tailer has been expanding its [...]
Business
Just three years after the automaker drove into government-run bankruptcy, GM is setting its sights on making over $10 billion a year, according to a report in The Wall Street Journal.
Chrysler profit triggers profit-sharing checks
Chrysler workers have many reasons to be pleased about the maker’s improving fortunes. They’re not only seeing jobs added, but also receiving their first profit checks since 2005.
msnbc.com: Autos
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OppenheimerFunds portfolio manager Daniel Loughran explains to WSJ's Karen Damato how muni funds can offer a bigger payout than what Treasurys and some other bonds are providing, despite some risks.
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Reuters - Stocks opened lower on Monday after a five-week rally on concerns Greece will be unable to avoid a chaotic default as it tries to reach terms on a new bailout package.
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