WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke, making his case for a second term, defended his record on Thursday before a skeptical Senate that criticized the central bank for failing to prevent the financial crisis.

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Bernanke defends record in bid for second term

NEW YORK (Reuters) – Bank of America Corp sold more than $19 billion of equity on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.

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BofA sells $19.3 billion of securities for TARP repay

NEW YORK (Reuters) – U.S. stocks fell on Thursday after data showed the vast U.S. services sector unexpectedly shrank in November and investors worried that Friday’s non-farm payrolls report may show the recovery is sluggish.

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Stocks slide on ISM services data, jobs anxiety

NEW YORK (Reuters) – Bank of America Corp will sell nearly $19 billion in equity later on Thursday amid strong investor interest as it races to shed government regulatory curbs that have bedeviled its CEO search.

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BofA to sell securities for TARP repay

NEW YORK (Reuters) – Luxury U.S. homebuilder Toll Brothers Inc reported a wider-than-expected quarterly loss on Thursday as revenue slumped and it wrote down the value of its land holdings, sending its shares down 5.6 percent.

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Toll Brothers posts wider Q4 loss, shares fall

NEW YORK (Reuters) – An index of the U.S. services sector shrank in November to its lowest since July, according to a report released on Thursday that shocked economists who had forecast a recovery from recession was picking up steam.

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U.S. services sector shrinks; jobless claims fall

NEW YORK (Reuters) – U.S. stocks fell on Thursday after the vast U.S. services sector unexpectedly shrank in November and as nervousness rose a day before the monthly payrolls data.

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Stocks drop on ISM services data, job worries

WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke, making his case for a second term, defended his record on Thursday before a skeptical Senate that criticized the central bank for failing to prevent the financial crisis.

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Bernanke defends record, seeks second term

NEW YORK (Reuters) – U.S. stocks fell on Thursday as data showed the services sector shrank unexpectedly in November, while financials led a late sell-off that dragged the major indexes to session lows just minutes before the close.

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Stocks ends lower after late sell-off

NEW YORK (Reuters) – Bank of America Corp will sell the securities it will use to help repay $45 billion in government bailout funds Thursday evening, its chief financial officer said.

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BofA to sell securities to repay TARP

WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke on Thursday rejected the idea that low U.S. interest rates were helping to fuel speculation overseas and potentially inflating dangerous new asset bubbles.

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Bernanke: Overseas bubbles not fault of low U.S. rates

WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke on Thursday defended his record at the helm of the U.S. central bank before a skeptical Senate that is considering stripping the institution of its regulatory powers.

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Fed’s Bernanke defends record in push for 2nd term

NEW YORK (Reuters) – Exactly eight years after Enron Corp filed for bankruptcy protection, a federal judge has dismissed a lawsuit by investors against banks they accused of helping the energy company commit fraud.

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Judge ends Enron shareholder lawsuit against banks

LONDON (Reuters) – Kraft Foods will post its offer document to Cadbury Plc shareholders on Friday, triggering a two-month 9.8 billion pound ($16.4 billion) takeover fight, sources with knowledge of the situation said on Thursday.

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Kraft expected to post Cadbury bid Friday: sources

NEW YORK (Reuters) – Stocks were little changed on Thursday as data showing that the vast U.S. services sector contracted in November stoked concerns about the strength of the recovery, offsetting Bank of America’s plan to repay $45 billion of government aid.

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Market flat as ISM offsets BofA repayment