Risk in Europe continues to drag on global shares. (Reuters)
Concerns about how S&P (NYSE: MHP) sets rating bring calls for reform. (Reuters)
Rules on CME (NASDAQ: CME) margins move gold lower. (Reuters)
Intel (NASDAQ: INTC) says ultra-PC prices will drop below $999 this year. (Reuters)
Cisco (NASDAQ: CSCO) earnings are better than expected. (Reuters)
Bank of America (NYSE: BAC) in talks with Gulf interests to sell its CCB ownership for $17 billion. (Reuters)
GM’s (NYSE: GM) CEO says Opel is not for sale. (Reuters)
A new Reuters poll shows most Americans think the nation is on the wrong track. (Reuters)
Corporate cash balances are up 59% since 2008. (WSJ)
Bridgewater makes money during the market turmoil. (WSJ)
The FTC is reviewing Google’s (NASDAQ: GOOG) position in the search markets and its smartphone dominance due to Android. (WSJ)
The television divisions of News Corp. (NYSE: NWS) help drive strong earnings. (WSJ)
LG and Sony (NYSE: SNE) settle patent disputes. (WSJ)
Slow movement of commodities from farms to processors will cause high prices this year that impact consumer prices next year. (WSJ)
Amazon (NASDAQ: AMZN) to launch a cloud service for the Kindle. (WSJ)
Sprint-Nextel (NYSE: S) needs cash but borrowing costs are up. (WSJ)
The Department of Energy wants more fracking rules. (WSJ)
The Obama plan to rent foreclosed homes meets with a cool response. (WSJ)
The recovery is hurt by companies anxious to keep costs low. (WSJ)
France may put more austerity measures in place to convince world markets its debt is solid. (WSJ)
The Swiss have tried to control the price of the franc. (WSJ)
The value of the yuan rises to near-record levels. (WSJ)
Profits rise at Macy’s (NYSE: M) and Polo Ralph Lauren (NYSE: RL) in a sign the retail markets are not badly damaged. (WSJ)
Nestle profits hurt by currency prices. (WSJ)
The IEA says a drop in energy demand could cause crude surpluses. (WSJ)
Trading volume on stock exchanges rises, a sign the investors have made strong decisions about the direction of stocks. (WSJ)
Some worry that the current financial trouble could be similar to that in 2008. (NYT)
Stress tests may not have shown U.S. bank exposure to Europe. (NYT)
Verizon’s (NYSE: VZ) striking workers say the landline division is financially healthy. (NYT)
Gold trades above $1,800 on concerns about the recovery. (FT)
Facebook to offer an instant messaging app. (FT)
G7 bankers agreed to help halt the financial crisis last week. (Bloomberg)
Corporate insiders are making more investments in their firms than in any time since 2009. (Bloomberg)
Douglas A. McIntyre
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