U.S. Home Prices Rise 4.3% in 20-City Index

Home prices in the U.S. recorded a 4.3% gain in the 12 months ending in October, according to the S&P/Case-Shiller Home Price Indices. The 10- and 20-City Composites showed respective annual returns of +3.4% and +4.3% in October 2012 - larger than the +2.1% and +3.0% annual rates posted for September 2012.Chicago and New York were the only two cities with negative annual returns in October.

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Alibaba Soars, Stocks Mostly DownComments Off

U.S. markets were mostly down on Friday, following the much anticipated Alibaba IPO, which saw shares of the Chinese e-commerce giant jump over 38% in its first day of trading.  Markets had gained earlier after Scotland’s vote to remain part of the UK alleviated some volatility concerns, but slid lower in afternoon trading.

Wall Street Pares Gains, Alibaba SoarsComments Off

U.S. equities pared back gains made earlier in the trading day while the Chinese e-commerce giant soared after making its debut on the NYSE.

Russian investigators deny billionaire’s releaseComments Off

A Russian billionaire’s company has claimed he has been freed from house arrest, but its statement was immediately rejected by the nation’s top criminal investigation agency.

Early Glance: Airlines companiesComments Off

Shares of some top airlines companies are mixed at 10 a.m.: Delta Air fell $.34 or .9 percent, to $39.10.

Stocks up early as Alibaba stock is set to debutComments Off

Wall Street is opening higher on the day Chinese e-commerce company Alibaba makes its big debut in the stock market.

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