Topic: Wall Street

Stockhouse @ the Bell: Late day jump brings Dow into the green

Credit worries hurt markets across North America, although blue-chips staged a late-day turnaround on Wall Street.Today on Stockhouse Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. Matt Badiali explains how Rick Rule protects clients from risks associated with ...
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Six imperatives for financial regulation: Summers

PALO ALTO, California (Reuters) - The United States should rethink domestic and global financial regulation, Lawrence Summers, director of the White House's National Economic Council, said on Friday, outlining six "imperatives." "There is every reason to believe that pure market solutions are not viable," Summers told a Stanford Institute for ...
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Author Lewis equates Wall Street bonuses with "theft"

NEW YORK (Reuters) - Author Michael Lewis, known for exposing the culture of excess at Solomon Brothers with his book "Liar's Poker," says Wall Street bonuses at banks bailed out by Washington are "a very elegant form of theft." Lewis's latest book "The Big Short: Inside the Doomsday Machine ...
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Clear Channel Outdoor climbs after 4Q results

Clear Channel Outdoor shares rise after 4th-quarter results, upgradeShares of Clear Channel Outdoor Holdings Inc. rose Friday after the billboard advertising company posted a smaller net loss for the fourth quarter and beat Wall Street's revenue forecast. Late Thursday, the company announced a net loss of $56.8 million ...
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