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Wall Street Week Ahead: Correction talk gets old as rally sails along

By Angela Moon

NEW YORK (Reuters) – With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street‘s rally inevitably hitting a ceiling is starting to get old.

Concerns about a technical correction have been a hot topic for weeks, especially as the rally accelerated in May – the S&P 500 is up 4.4 percent so far this month and up nearly 17 percent for the year. But as the three major U.S. stock indexes inch higher and higher to set record after record, many analysts are shrugging off the pullback worries. Continue reading →

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Handle Urgent Situations Instantly with Fast Unsecured Personal Loans


Handle Urgent Situations Instantly with Fast Unsecured Personal Loans (via SBWire)

Creditloansources.com is introducing the perfect solution to urgent and unexpected financial situations through these fast loans that will be available collateral-free. This will see borrowers access the applied amounts in less than an hour. Tucson, AZ — (SBWIRE) — 05/08/2013 — Some situations like… Continue reading →

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Bank of the Cascades First Quarter 2013 Results

BEND, Ore., May 13, 2013 /PRNewswire/ — Cascade Bancorp (NASDAQ: CACB) (“Company”) the holding company for Bank of the Cascades (“Bank”), today announced net income of $1.7 million or $0.04 per share for the quarter ended March 31, 2013. The full details of the Company’s first quarter 2013 results were filed with the SEC in the Company’s quarterly report on Form 10-Q on May 13, 2013. Continue reading →

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Analysis: Malta unlikely to follow Cyprus into crisis

By Martin Santa

BRUSSELS (Reuters) – Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the euro and have banking sectors that dwarf their economies.

There are so many similarities that some investors have wondered whether Malta might follow Cyprus in needing a bailout to survive the region’s economic crisis. Continue reading →

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China, German data push shares to 5-year highs

By Marc Jones

LONDON (Reuters) – Strong Chinese trade data and signs that Germany may escape a severe spring slowdown pushed world shares to five-year highs on Wednesday and boosted growth-sensitive currencies and metals.

Wall Street, which has climbed over 13 percent this year, was also eyeing another record day for the S&P 500 and Dow Jones industrial average, with futures pointing to minor gains for both. Continue reading →

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Commercial Metals Company Announces Pricing of $330 Million Senior Notes Offering

IRVING, Texas, May 8, 2013 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) announced today that it has agreed to sell $330.0 million aggregate principal amount of 4.875% Senior Notes due 2023 in an underwritten public offering, which is being made under its effective shelf registration statement on file with the U.S. Securities and Exchange Commission.  The aggregate principal amount of notes to be issued in the offering has been increased from $300 million to $330 million.  The offering is expected to close on or about May 20, 2013, subject to customary closing conditions.  Continue reading →