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Stocks rise on energy shares, offsets bank fears

NEW YORK (Reuters) - The Dow and S&P 500 rose on Tuesday as hurricane fears lifted oil prices and boosted energy shares, blunting the effect of a report that showed a growing number of problem U.S. banks.

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Citigroup to buy back 7.5 bln dlrs of tainted securities

WASHINGTON (AFP) - Troubled US banking giant Citigroup has agreed to buy back 7.5 billion dollars' worth of tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.

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Bank of America gets subpoenas, reports SEC probe

NEW YORK (Reuters) - Bank of America Corp , the largest U.S. retail bank, said on Thursday it received subpoenas and requests for information relating to auction-rate securities from federal and state government agencies.

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Banks renew plea for expanded short sale rule

WASHINGTON (Reuters) - A banking group has renewed its plea to the Securities and Exchange Commission to broaden a rule aimed at curbing abusive short selling and market manipulation.

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China shares plummet in Olympic sell-off

SHANGHAI (AFP) - Chinese share prices plummeted 4.47 percent on Friday as investors dumped Olympics-related stocks just hours before the opening of the Beijing Games, dealers said.

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Consumers expect stocks to fall: survey

NEW YORK (Reuters) - Households consider it more likely than ever that their stock holdings will fall in value over the next year, a survey released on Friday said.

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Tech IPOs out of favor, may be for some time

NEW YORK (Reuters) - Tech companies once dominated the U.S. IPO calendar -- but not anymore.

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SEC short-sale rule ending; market move debated

WASHINGTON (Reuters) - Short trading in 19 major U.S. financial stocks will revert to rules governing other shares on Wednesday as a Securities and Exchange Commission experiment against abusive short selling expires.

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