AIG agrees to $35.5 billion unit sale to Prudential: sources
NEW YORK (Reuters) – American International Group Inc agreed to sell its Asian life insurance unit to Britain’s Prudential Plc for about $35.5 billion, in a deal that would help the U.S. government get back billions of its bailout money, sources familiar with the matter said.
Asian stock markets gain for 2nd day (AP)
AP – Asian stock markets advanced Monday, with Hong Kong’s index up nearly 2 percent, after China said manufacturing continued to grow last month albeit at a slower pace.
U.S., Japan to see leap in distressed property sales
LONDON (Reuters) – The United States and Japan are expected to see the biggest rise in distressed property sales in the first quarter, as the fallout from the global property downturn intensifies, the results of a survey showed on Monday.
Payrolls, quake, ISM may steer stocks (Reuters)
Reuters – Payrolls could give the U.S. stock market some direction this week as investors comb through the key report on one of the economy’s weakest areas.
HSBC, Standard CEOs to donate bonuses -report
LONDON (Reuters) – The chief executives of HSBC Holdings , Europe’s biggest bank, and Asia-focused rival Standard Chartered are set to give their bonuses to charity, newspapers reported on Sunday, following a high-profile row over the sums paid to bankers.
How the major stock indexes fared on Friday (AP)
AP – The stock market eked out a gain Friday as investors took downbeat economic news in stride.
Blaming the weather for high unemployment
WASHINGTON (Reuters) – Snowstorms have repeatedly battered parts of the United States this winter, making it more difficult to discern returning weakness in the economy from
The Best Mutual Funds for 2010 (U.S. News & World Report)
U.S. News & World Report – In the financial turmoil of the past decade, mutual fund investing has gotten decidedly more complicated. After all, over the course of just 10 years, investors have looked on as two bear markets ravished the economy, as a pair of bull markets jolted stocks back to life, and as the Internet and housing bubbles inflated to their breaking points and then burst.
Jobs report critical after mixed economic data (AP)
AP – Investors are seeking direction. Friday’s report on employment could give them exactly what they want.




