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Dow up 19; pending home sales boost stocks
The Dow briefly moves into the black for 2009 as real estate shows signs of life. Auto sales, while weak, are better than expected. GM nears selling its Hummer brand to a Chinese company. JPMorgan Chase, american Express and Morgan Stanley sell shares to help pay off TARP funds.
MSN

Eating words in Detroit
GM quotes: No one expects corporate chieftans to happily embrace the prospect of bankruptcy. So its no surprise that General Motors bosses vociferously denied the need for the troubled carmaker to file for Chapter 11 protection from its creditors. But they have been trying to shrug off the prospect for almost four years as long as Breakingviews has been advocating it.
Business Standard

Euro Zone Gross Domestic Product - Economic Data Preview
The second revision of Euro Zone Gross Domestic Product is expected to confirm that the currency bloc's economy shrank -2.5% through the first quarter,...
Daily FX

Health insurers `walking on eggshells`
As health insurers prepare to kick off their annual meeting, analysts expect answers on how to reduce health care costs and give customers more access.
CNN

Health insurers face exam
As health insurers prepare to kick off their annual meeting, analysts expect answers on how to reduce health care costs and give customers more access.
CNN

Housing, autos boost stocks
Stocks gained Tuesday, managing an advance at the end of a choppy session after a positive housing report and a series of not-as-bad-as-expected auto sales reports gave investors some optimism.
CNN

Analysts expect May sales decline
NEW YORK ? The weather has finally thawed, so what about the icy grip consumers have kept on their wallets?
AZ Central

Stocks boosted by housing, autos
Stocks climbed Tuesday afternoon, finding a little momentum at the end of a choppy session after a positive housing report and a series of not-as-bad-as-expected auto sales reports gave investors some optimism.
CNN

Will we escape recession?
AUSTRALIA could narrowly avoid slipping into a recession today after better-than-expected export figures delivered the nation's best trade surplus on record.
The Australian

Credit Conditions Tough But Easing, CBI Says
Firms have reported that credit conditions remained tough in May but expect the situation to stabilise, the Confederation of British Industry said today. The latest survey showed a net 20% of firms ...
Big News Network

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