With sparse data, focus returns to Europe (Reuters)
Reuters – Europe will again be at the center of investors’ focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
Why small companies’ stocks deserve a closer look (AP)
AP – Underperforming money managers are losing their most reliable scapegoat.
Bangladeshi Investors Badly Hit by the Stock-Market Crash (Time.com)
Time.com – The dramatic rise and swift fall of Bangladesh’s stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows
Deutsche Boerse board member wants CEO out: paper (Reuters)
Reuters – Deutsche Boerse’s (DB1Gn.DE) chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator’s supervisory board told a newspaper.
Deutsche Boerse board member wants CEO out: paper (Reuters)
Reuters – Deutsche Boerse’s (DB1Gn.DE) chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext , a member of the German exchange operator’s supervisory board told a newspaper.
Bangladeshi Investors Badly Hit by the Stock-Market Crash (Time.com)
Time.com – The dramatic rise and swift fall of Bangladesh’s stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows
Nasdaq core profit tops expectations (Reuters)
Reuters – Nasdaq OMX Group Inc’s core profit topped analysts’ expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment.
SEC names top federal auditor to accounting board (AP)
AP – Federal regulators have appointed a top government auditor as a member of the Public Company Accounting Oversight Board, which polices the accounting industry.
SEC reaches settlement with former Qwest CFO (AP)
AP – The Securities and Exchange Commission has reached a settlement with former Qwest Communications International Inc. Chief Financial Officer Robert Woodruff over its civil fraud lawsuit.
Jobs report lifts Dow to highest mark since ‘08 (AP)
AP – A drop in the unemployment rate to its lowest level in three years propelled the Dow Jones industrial average Friday to its highest close since May 2008, before the financial meltdown later that year. The Nasdaq composite index hit an 11-year high.