An analyst upgraded DreamWorks Animation SKG Inc. on Monday, saying the stock has come down to more “reasonable” levels after speculation of a possible buyout has faded. Caris & Co. analyst David Miller said investors bought up DreamWorks shares after Walt…

David Miller – Business – Training – Toronto – City council

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DreamWorks shares up as buyout speculation fades

European and U.S. stock markets fell Monday amid concerns about the start of the Christmas shopping season in the U.S. and despite relief over the pledge from the United Arab Emirates’ central bank to back lenders exposed to Dubai’s debt problems. In Europe,…

United Arab Emirates – Dubai – Middle East – Stock market – Asia

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US retailing fears weigh on world markets

KAR Auction Services Inc. said Monday it expects to raise about $340.9 million in an initial public offering. The used vehicle auction company said in a regulatory filing that it will sell 23 million shares of common stock at a price between $15 and $17 per…

Stock – Initial public offering – Auction – Common stock – Business

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KAR Auction Services sets terms of public offering

The Obama administration will crack down on mortgage companies that are failing to do enough to help borrowers at risk of foreclosure, as part of a broad effort to boost participation in its mortgage assistance program. The Treasury Department said Monday it…

Foreclosure – Mortgage – Presidency of Barack Obama – Business – Financial services

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Gov’t increases pressure on mortgage industry

NEW YORK (Reuters) – U.S. stocks declined moderately on Monday as weak data on holiday retail sales prompted questions about the consumer’s ability to spend.

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Stocks slip on concerns about holiday spending

Online auction site eBay Inc. was fined euro1.7 million ($2.5 million) by a Paris court on Monday for failing to stop the sale of famous perfume brands like Christian Dior, Guerlain, Givenchy and Kenzo _ all of which are owned by luxury group LVMH. The…

Christian Dior – EBay – Givenchy – LVMH – Shopping

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eBay fined in France for selling upscale perfumes

(Reuters) – U.S. banks have already recognized two-thirds of an estimated $2.1 trillion to $2.6 trillion in credit losses, but prime mortgage and commercial real estate would contribute more to the remaining losses, Goldman Sachs said.

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U.S. banks have recognized most credit losses: Goldman

Plus Wall Street analyst opinions on American Eagle Outfitters and Sonic Corp.

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Stock Picks: Apple, eBay, U.S. Bancorp

NEW YORK (Reuters) – Shares of AIG fell 12 percent on Monday after an analyst raised concerns about a possible deficiency in the company’s non-life insurance reserves.

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AIG shares fall after analyst questions reserves

A decade ago, Silicon Valley was toasting the misfortune of Microsoft. “I’m sure there are Champagne corks being popped all over the valley,” Gary Rivlin, author of “The Plot to Get Bill Gates,” told The Chronicle on Nov. 5, 1999. That was the day U.S….

Microsoft – Silicon Valley – Business – Monopolies and Oligopolies – Economic

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Silicon Valley’s dim view of Microsoft softens

WASHINGTON (Reuters) – U.S. banks continue to face significant challenges, particularly from rising delinquencies in commercial real estate and commercial loans, a Federal Reserve official said on Monday.

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Commercial property weighs on banks: Fed official

NEW YORK (Reuters) – Manufacturing in parts of the United States was picking up steam, data showed on Monday, but jobs were lagging the recovery and consumers remained cautious, economists said.

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U.S. regional manufacturing recovers, consumers wary

Sands China closed 10.2% below its IPO price as investors remain wary of gaming tycoon Sheldon Adelson’s ambitious plans for Macau

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Las Vegas Sands’ Hong Kong IPO Flops

CHICAGO (Reuters) – Investors took a dim view of early holiday season sales on Monday, with shares of Best Buy , Amazon and American Eagle Outfitters among the few positive performers on hopes they were gaining a larger share of consumer spending.

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Early holiday sales disappoint investors

NEW YORK (Reuters) – Shares of Internet retailer Amazon.com Inc hit an all-time high of $135.01 on a split-adjusted basis on Monday as the stock rose more than 2 percent.

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Amazon.com shares hit all-time high on “Cyber Monday”