J.C. Penney stock sinks on falling sales

16 May 2012

J.C. Penney gave investors two reasons to run on Tuesday. The retailer cut its dividend and revealed that sales are dropping dramatically.

Buffett discloses new stake in GM, Viacom

16 May 2012

Warren Buffett's Berkshire Hathaway built new positions in General Motors and Viacom during the first three months of 2012.

Icelandic Economists Make Pitch For Adoption Of Canadian Dollar – Wall Street Journal

16 May 2012

Icelandic Economists Make Pitch For Adoption Of Canadian DollarWall Street JournalBy DAVID GEORGE-COSH TORONTO—Iceland could replace its currency, the krona, with the Canadian dollar in as little time as a weekend, and the move would help stabilize t...

Stocks slide on Greek woes

16 May 2012

U.S. stocks closed at three-month lows Tuesday, sliding during the final hour of trade, as investors faced worrisome signs out of Greece.

British pound leaps against euro – TVNZ

16 May 2012

CNBC.com (blog)British pound leaps against euroTVNZ"People aren't buying sterling because they think UK growth is great. They're buying sterling because it's not the euro," said Adrian Schmidt, currency strategist at Lloyds. Analy...

Canadian Dollar Ends Lower, Breaks Through Key Support – Wall Street Journal

16 May 2012

24 Hours VancouverCanadian Dollar Ends Lower, Breaks Through Key SupportWall Street JournalBy Don Curren Of DOW JONES NEWSWIRES The Canadian dollar ended lower against a broadly strengthening US dollar Tuesday, slipping below a key support level agains...

Canadian Dollar Ends Lower, Breaks Through Key Support – Wall Street Journal

16 May 2012

24 Hours VancouverCanadian Dollar Ends Lower, Breaks Through Key SupportWall Street JournalBy Don Curren Of DOW JONES NEWSWIRES The Canadian dollar ended lower against a broadly strengthening US dollar Tuesday, slipping below a key support level agains...

Stocks Dive, Dollar Rises Heading Into Close – Wall Street Journal (blog)

16 May 2012

Stocks Dive, Dollar Rises Heading Into CloseWall Street Journal (blog)By Steven Russolillo The US dollar's value has risen every day this month, underscoring the currency's safe-haven status at a time when eurozone jitters are ramping higher. T...

Stocks Dive, Dollar Rises Heading Into Close – Wall Street Journal (blog)

16 May 2012

Stocks Dive, Dollar Rises Heading Into CloseWall Street Journal (blog)By Steven Russolillo The US dollar's value has risen every day this month, underscoring the currency's safe-haven status at a time when eurozone jitters are ramping higher. T...

Gold Losing Battle Versus US Dollar In 2012 (GLD, SLV, IAU, UUP, UDN) – ETF Daily News (blog)

16 May 2012

ETF Daily NewsGold Losing Battle Versus US Dollar In 2012 (GLD, SLV, IAU, UUP, UDN)ETF Daily News (blog)In the past 100 years (ie ever since the Federal Reserve was given the responsibility of “protecting the dollar”) the US dollar has lost 98% of ...

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AUD - EUR

1.2836 AUD = 1 EUR 2012-05-15 ECB Reference rate

Posted on 15 May 2012

1 EUR buys 1.2836 Australian dollar (AUD) – The reference exchange rates are published both by electronic market information providers and on the ECB’s website shortly after the concertation procedure has been completed. Reference rates are published a…

Australian Dollar

Aussie Rises From 5-Month Low on Bets Declines Excessive – BusinessWeek

Posted on 15 May 2012

TheBull.com.auAussie Rises From 5-Month Low on Bets Declines ExcessiveBusinessWeekBy Monami Yui on May 15, 2012 The Australian dollar rallied from an almost five-month low as a technical indicator suggested its recent decline was excessive. The New Zea…

Bank of America

BofA tells judge MBIA split must be annulled – Reuters

Posted on 16 May 2012

Thomson Reuters News & InsightBofA tells judge MBIA split must be annulledReutersN) restructuring during the financial crisis must be annulled because it was based on bad information, a lawyer for banks challenging the restructuring said on Tuesday. Ro…

Barclays Bank

Intuit to Present at the Barclays Capital Technology Conference – MarketWatch (press release)

Posted on 16 May 2012

Intuit to Present at the Barclays Capital Technology ConferenceMarketWatch (press release)MOUNTAIN VIEW, Calif., May 15, 2012 (BUSINESS WIRE) — Marj Thomas, Intuit Inc.'s (NASDAQ:INTU) vice president of corporate finance and treasurer, will presen…

BNP Paribas

BNP Paribas – United States Can’t complain – FXstreet.com

Posted on 16 May 2012

BNP Paribas – United States Can't complainFXstreet.comAlexandra Estiot, Senior Economist at BNP Paribas. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work…

Brazilian Real

Strong Dollar Brings Brazil Inflation Worry -Minister – Wall Street Journal

Posted on 16 May 2012

NASDAQStrong Dollar Brings Brazil Inflation Worry -MinisterWall Street JournalBy Luciana Magalhaes Of DOW JONES NEWSWIRES SAO PAULO (Dow Jones)–The Brazilian real's recent depreciation against the dollar is raising some concerns with the country&#…

British Pound

British pound leaps against euro – TVNZ

Posted on 16 May 2012

CNBC.com (blog)British pound leaps against euroTVNZ"People aren't buying sterling because they think UK growth is great. They're buying sterling because it's not the euro," said Adrian Schmidt, currency strategist at Lloyds. Analy…

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