Wall St gains on AIG deal (Reuters)
U.S. stocks rose for a second straight day on Monday, boosted by AIG's record-setting deal to sell a major Asian unit and on gains in semiconductor shares after SanDisk Corp raised its revenue forecast.
Why Toyota may cause higher interest rates
China is one of the largest holders of U.S. Treasurys. So some worry that our massive budget deficit, which China has vocally complained about, is the equivalent of biting the hand that feeds us.
Treasurys choppy as Greece news boosts stocks
Treasury prices ended little changed Monday after a day of choppy trade. Equities gained on news that a Greek bailout package is in the works, denting some safe-haven appeal at the start of a week full of economic data.
Fitch Affirms NGPL PipeCo at 'BBB-'; Outlook Stable (Business Wire)
NEW YORK----Fitch Ratings has affirmed the Issuer Default Rating and outstanding senior unsecured debt ratings for NGPL PipeCo LLC at 'BBB-'. The Rating Outlook is Stable. The rating action affects $3 billion of outstanding debt.
Tetra Technologies shares jump on upgrade (AP)
Shares of Tetra Technologies jumped Monday after an analyst upgraded the oil and gas services company, saying it is one of the cheapest stocks among those in the industry.
Efforts to aid Greece, M&A lift Wall St (Reuters)
U.S. stocks headed for a second straight day of gains on Monday, boosted by AIG's deal to sell a unit for $35.5 billion and efforts to solve Greece's debt problems, which have clouded the outlook for global recovery.
Titanium Metals reports sharp drop in 4Q profit (AP)
Titanium Metals Corp. said Monday that its fourth-quarter profit fell sharply compared to a year ago due to production delays in the commercial aerospace industry and the weak economy.
Copper spikes after Chile quake
Copper prices surged overnight after a massive earthquake struck Chile, the world's largest producer of the metal, over the weekend.
Oil prices lose traction
Oil retreated Monday, giving back earlier gains, as the U.S. dollar strengthened and investors focused on a weaker-than-expected manufacturing report.
Summary Box: Copper eases off morning highs (AP)
WHY DID COPPER RISE: An huge earthquake in Chile, one of the biggest producers of copper, caused fears that supplies could be disrupted.