Tesoro

Why Bankrupt W.R. Grace is Thriving

A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace.

U.S. Unemployment, Europe's Bailout Let the Market Breathe

The stock market came to life this week, as investors bet that the economy wouldn't be as bad as had been priced in. The ISM Index, a gauge of manufacturing activity, rose more than expected, construction spending grew, and Europe started to get its act together on a massive bailout fund. But as usual, it all starts with unemployment.