StartUpToFinish

AP – Investors fixated on the faltering economy Monday brushed off the type of merger news that normally starts rallies. Uneasiness about the economy eclipsed a bounce in troubled financial stocks as well as news of a merger between drugmakers Merck & Co. and Schering-Plough Corp. Stocks rose in the early going but turned lower [...]

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Reuters – Stock futures rose on Tuesday as reassuring comments from Citigroup about the bank’s performance fueled a run-up in financials and investors became hopeful about Washington’s efforts to revive the economy.
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Reuters – The recession-hit U.S. economy is proving weaker than economists expected just a month ago, but forecasters still think a recovery is in the cards for later this year, a survey released on Tuesday showed.
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Reuters – Citigroup Inc was profitable in the first two months of 2009 and is confident about its capital strength after tough internal stress tests, Chief Executive Vikram Pandit told staff in an open letter.Read More… [Source: Yahoo! News: Business]

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Reuters – The International Monetary Fund on Monday warned that the world economy will likely contract this year in a “Great Recession” and African leaders said the financial crisis could undo hard-won social-economic gains.Read More… [Source: Yahoo! News: Business]

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To the untrained eye, it seemed like just another company picnic in the woods.Read More… [Source: Small business news - CNNMoney.com]

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Reuters – The U.S. government’s plan to strip banks of troubled assets could force some firms to record large losses, but the move would help restore confidence in the banking system, the head of the Federal Deposit Insurance Corp. said in an interview in Tuesday’s Washington Post.Read More… [Source: Yahoo! News: Business]

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