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Market Summary | | Stocks On The Move |
[BRIEFING.COM] The stock market took a turn lower, albeit a slight one, at the start of trading, but it soon got back in gear when buyers once again prevented sellers from gaining any traction. The end result is that the major averages,...
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ISS Supports Both Moab Nominees to Replace Mac-Gray's Incumbent Directors 1:00PM ET - GlobeNewswire
TXI Achieves Operational Status of New Kiln Line and Accelerates Upgrade Projects at the Hunter Cem 12:56PM ET - GlobeNewswire
Professional Diversity Network Names Michael R. Hernandez Chief Marketing & Communications Officer 12:55PM ET - GlobeNewswire
UPDATE: GE Capital Plans to Pay Parent GE $6.5 Billion 2013 Dividend 12:53PM ET - Dow Jones Business News
Citi Names New CEOs of CitiMortgage, Private Bank and Citi Holdings -Memo 12:35PM ET - Dow Jones Business News
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- 1:10 PM With borrowers racing to market before demand dries up or interest rates rise, corporate bond (LQD) sales this month are on pacefor their busiest May ever, according to Bloomberg. The previous record of $162.6B was hit in 2008. Warnings from Buffett and Gross about the likelihood of higher rates are ignored as "investors have cash to spend yet fewer alternatives to buy," writes a Morgan Stanley team.
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