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SHANGHAI (Reuters) - China's Geely is confident its bid for Ford Motor's Volvo car unit will be successful, chairman Li Shufu said on Friday, as it seeks to lead China's automakers onto the global stage.

Reuters - A huge influx of orders prevented the New York Stock Exchange from disseminating quotes shortly after the start of trading on Friday.
As banks move away from traditional banking to goose their profits and shore up their capital ratios, a handful of global players are getting into position to fill the void.
Posted By:JeeYeon ParkPositive economic data including a strong GDP outcome helped the fuel the market rally on Thursday. Will the economic data continue to fuel the markets higher? Robert Carey, CIO of First Trust Advisors shared his market views.     Read More
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NEW YORK (Reuters) - Microsoft Corp is viewed as the most likely buyer or partner for IAC/InterActiveCorp's if CEO Barry Diller decides to throw in the towel on the struggling search engine.

AP - Investors heartened by news of a stronger-than-expected economy went back into the stock market after a four-day slide.
With prices starting to stabilize, household-name energy companies such as Exxon Mobil are returning to the head of the class. Why did investors forsake them in the first place?
Posted By:JeeYeon ParkConocoPhillips reported a 71 percent decline in its quarterly profit. Other oil giants including Chevron and Exxon will announce results later on this week. What should investors expect? Tina Vital, integrated oil and gas equity analyst at Standard & Poor’s U.S. Equity Research, shared her outlook.     Read More
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Reuters - U.S. stocks extended their losses on Wednesday, sending the S&P 500 and the Nasdaq down more than 1 percent, as investors fretted about a lack of fresh incentives to sustain the stock market's seven-month run-up.
GRAZ, Austria (Reuters) - Magna International thinks it can clinch a contract to buy a majority stake in carmaker Opel from General Motors even as GM's board weighs its final word, Magna's co-chief executive said.

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