Stock Values

The Federal Reserve will have to raise its benchmark interest rate to 3 percent by the end of the year to combat inflation, said Stephen Stanley, chief economist at RBS Securities Inc. in New York.

Citigroup Inc. and Marshall & Ilsley Corp. were among the worst performing stocks in the Standard & Poor’s 500 Index this year, dragged down by souring commercial and residential property loans that may extend the declines into 2010.

Japan Airlines Corp., Asia’s biggest carrier by sales, plunged to a record in Tokyo trading after reports the carrier may enter bankruptcy proceedings led investors to sell shares on the year’s last trading day.

GMAC, the home and auto lender that counts the U.S. government as the largest stakeholder, is discussing with the Obama administration a third bailout of $3 billion to $4 billion

Barton Biggs and Marc Faber, who recommended buying stocks in March when investors were dumping them, are again united as they predict gains for U.S. equities and the dollar

Treasuries were little changed after the government sold a record-tying $42 billion of five-year debt, the second of three note sales this week totaling $118 billion.

Sanofi-Aventis SA’s $1.9 billion bid for Chattem was leaked in advance to two French investors who reaped $4.2 million by making illegal insider trades, U.S. regulators claim in a lawsuit

Companies in the U.S. added more jobs than forecast in August, easing concern the economy was falling back into recession

U.S. stocks pared gains as slower- than-forecast growth in service industries wiped out most of an early rally triggered by better-than-estimated growth in private payrolls.

European stocks climbed, extending the Stoxx Europe 600 Index’s biggest weekly gain in almost two months, after U.S. companies added more jobs than forecast in August, easing concern the economic recovery is faltering.

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parenthesis, and prices are as of 7:50 a.m. in New York.

Wall Street analysts offer buy, sell, or hold opinions on stocks in the news on Sept. 3

Xinjiang Goldwind Science & Technology Co. is seeking to raise about $800 million by reviving a Hong Kong share offering that was postponed in June, according to three people familiar with the transaction.

Service industries expanded in August at the weakest pace in seven months, indicating the U.S. economy may be slow to strengthen in the second half of the year.

Stocks rallied, extending the first weekly gain in a month for the Standard & Poor’s 500 Index, while Treasuries and gold tumbled as better-than-estimated growth in private payrolls bolstered optimism the economy will avoid relapsing into a recession.

Sept. 3 -- Nouriel Roubini, chairman and co-founder of Roubini Global Economics LLC, talks about the outlook for the global economy and the possible impact of a double-dip recession or an increase in risk aversion on gold and currencies He talks with Francine Lacqua in Cernobbio, Italy, on Bloomberg Television's "Countdown." (Source: Bloomberg)

Japan’s public pension fund, the world’s largest, will increase asset sales by more than five times to about 4 trillion yen ($48 billion) this fiscal year as payouts rise with the nation’s population aging.

Chinese investors approached Alberta Investment Management Corp. to consider a joint counterbid for Potash Corp. of Saskatchewan Inc., the Canadian pension fund’s chief executive officer said.

Most Asian stocks rose, led by technology companies, after U.S. reports showed an unexpected increase in pending home sales and improved retail sales.

Japan views probable U.S. opposition to intervention in the foreign-exchange market to address the appreciating yen as an obstacle to taking unilateral action, according to three Japanese government officials.