Bloomberg - May 14 (Bloomberg) -- Democratic presidential candidate
Barack Obama picked up the endorsement today of three former
chairmen of the Securities and Exchange Commission, two of whom
were appointed by Republican presidents. -- read full article
AFP - Europe's main stock markets steadied on Wednesday after a mixed close on Wall Street overnight and as the price of oil fell from a record high point, dealers said.
Reuters - Three former chairmen of the U.S.
Securities and Exchange Commission endorsed Democratic
presidential candidate Barack Obama on Wednesday, bolstering
the Illinois senator's economic credentials and bipartisan
appeal as he closes in on his party's nomination.
AP - Treasury prices traded mixed Wednesday, after investors briefly rallied on a report showing mild April inflation but then gave up gains as stocks advanced. -- read full article
Reuters - Stocks rose on Wednesday in light
trading after a modest rise in consumer prices in April cooled
inflation fears while Macy's Inc and Freddie Mac
posted reassuring quarterly results.
Reuters - Dutch financial services group ING Groep
will launch next week South Korea's first mutual fund
investing solely in Taiwan stocks on hopes that ties between
China and Taiwan will improve and that the technology cycle is
bottoming out, an executive said. -- read full article
AP - Securities regulators on Wednesday charged Broadcom Corp. co-founders Henry T. Nicholas III and Henry Samueli with falsifying the company's reported income, leading to what is believed to be the largest accounting restatement yet because of backdating stock options. -- read full article