Anthony Chiasson, Level Global Investors LP co-founder leaves Manhattan Federal Court after being released on bail on charges of insider trading Wednesday, Jan. 18,  2012, in New York. Greed on Wall Street set a record, authorities said Wednesday as they unveiled a nearly $78 million insider trading case that involved at least seven financial industry professionals and included a hedge fund co-founder who triggered a single trade that earned $53 million in profits, the largest lone transaction ever prosecuted in Manhattan. (AP Photo/David Karp)Reuters – Stocks were set to rise at the open on Thursday after Bank of America and Morgan Stanley reported earnings and as strong demand at European bond auctions lessened euro zone debt concerns.


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CORRECTS CURRENCY TO EURO AGAINST YEN - Passers-by are reflected on an electronic stock board displaying the euro's quotation against the Japanese yen at a securities firm in Tokyo, Tuesday, Jan 17, 2012. (AP Photo/Koji Sasahara)AP – Financial markets were subdued Thursday as investors awaited developments in Greece’s debt-reduction talks with private creditors, a day after the International Monetary Fund revealed it was looking to get its hands on another half a trillion dollars to help it shore up a fragile global economy.


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CORRECTS CURRENCY TO EURO AGAINST YEN - Passers-by are reflected on an electronic stock board displaying the euro's quotation against the Japanese yen at a securities firm in Tokyo, Tuesday, Jan 17, 2012. (AP Photo/Koji Sasahara)AP – Financial markets were subdued Thursday as investors awaited developments in Greece’s debt-reduction talks with private creditors, a day after the International Monetary Fund revealed it was looking to get its hands on another half a trillion dollars to help it shore up a fragile global economy.


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Traders work on the floor of the New York Stock Exchange Wednesday, Jan. 18, 2012. Wall Street is opening slightly higher. Traders are weighing signs that Germany, Europe's largest economy, could slide into a recession against reports that the International Monetary Fund could get more cash to help countries struggling with debts. (AP Photo/Richard Drew)AP – A surprisingly strong report on the housing market and the prospect of more cash for the International Monetary Fund to fight off a financial crisis powered stocks Wednesday to their highest close since last summer.


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CORRECTS CURRENCY TO EURO AGAINST YEN - Passers-by are reflected on an electronic stock board displaying the euro's quotation against the Japanese yen at a securities firm in Tokyo, Tuesday, Jan 17, 2012. (AP Photo/Koji Sasahara)AP – Asian markets rose Thursday as investors grew more comfortable with riskier assets such as stocks after the release of surprisingly strong U.S. housing figures and a pledge by the IMF to help stave off a financial crisis.


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AP – Federal regulators have accused BankAtlantic Bancorp Inc., the parent of one of Florida’s biggest banks, and its chief executive of misleading investors about the bank’s financial health as its holdings of commercial real estate loans soured in 2007.

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AP – U.S. regulators have cleared the proposed merger of Deutsche Borse AG and NYSE Euronext Inc., which would create the world’s biggest stock exchange operator, but the deal still needs European regulatory approval.

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S&P 500 climbs more than 1 percent (Reuters)

By admin on January 18th, 2012

British Prime Minister David Cameron , left and Italian Prime Minister Mario Monti attend a joint press conference following their meeting at 10 Downing Street in London on Monday Jan. 18, 2012. Monti is also expected to visit the London Stock Exchange later in the day. (AP Photo/ Carl Court, Pool)Reuters – The S&P 500 rose more than 1 percent in late trading on Wednesday, hitting its highest level since July, helped by gains in financials.


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