Germany pledges aid to Greece in debt crisis
German Chancellor Angela Merkel pledged Germany will offer all necessary assistance to Greece to overcome its debt crisis but insisted Athens must fully implement its austerity plan. She and Greek PM George Papandreou met in Berlin amid market scrutiny and no new measures announced. Finance Minister Venizelos spoke of an 11 billion euro rescue loan and a tense vote on a property tax. The troika team is set to return to Athens this week as talks continue.
MENTIONED IN THIS ARTICLE
Berlin
Angela Merkel
Greece
Germany
Europe
Merkel
Philip Roesler
Evangelos Venizelos
Athens
Venizelos
International Monetary Fund
European Commission
European Central Bank
Troika
Oil Up Over 5 Percent Amid Greece Bailout Hopes
Oil advanced more than five percent as European leaders moved toward a Greece bailout plan. Greece aims to avert default with next loan round, while Merkel pledges help to restore investor confidence. Benchmark crude rose to 84.45 dollars a barrel in New York, Brent up to 107.14 in London as markets gained.
MENTIONED IN THIS ARTICLE
Greece
Angela Merkel
New York
London
Stocks Rise Amid Europe Hope As Markets Rally
Stocks edged higher for a third straight session as optimism over Europe grew. The Dow climbed 146 points with gains led by industrials and materials firms. Merkel pledged help for Greece and Athens said bailout funds would arrive to avert a default.
MENTIONED IN THIS ARTICLE
Europe
Associated Press
New York
Germany
Angela Merkel
Greece
Hog price report from Stockyards Peoria Hogs
The stockyard report notes moderate trading for Hogs at Peoria with barrows and gilts mostly steady. 1-2 230-260 lb pigs bring 59.50 to 60.00, 2-3 270-280 lb 58.00 to 59.50. Sows steady across weights with 56.00 for 300-400 and 400-500 lb, 59.00 for 500-700 lb. Boars over 300 lb 21.00, under 300 lb 27.00.
MENTIONED IN THIS ARTICLE
Associated Press
Closing Stocks New York Active NYSE Listings
NYSE listed stocks closing on Tuesday with varied gains and losses. Key names include Alcoa, CocaCola, ExxonMobil, IBM, JPMorgan Chase, Pfizer, General Electric, Intel, Microsoft, and Wal Mart with prices and daily changes reflecting a broad market snapshot.
MENTIONED IN THIS ARTICLE
New York
NYSE
Aescorp
AMR
AMD
Alcatelluc
Alcoa
Altria
Annaly
ArcelorMl
BeoBrades
Beosbrasil
BkofAm
Bknymel
BestBuy
BostonSci
Coscare
Caterpillar
Cemex
DrxFnBull
Dirxscbull
Discover
Disney
DowChm
Fordm
FrontierCm
GenElec
GenMoth
GenOn
Genworth
Gerdau
Hallibrtn
HartidFn
Hewlettp
Grain futures rise on CBOT amid mixed vegetable market signals
Grain futures in Chicago opened higher on Tuesday with Wheat for December gaining 12 cents to $6.60 a bushel and December corn up 14.75 cents to $6.63 a bushel. December oats were incomplete in the readable text.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Associated Press
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