A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
Read More »
BBC NewsAlibaba.com Shareholders Vote In Favor Of Alibaba Group PrivatizationWall Street JournalBy Paul Mozur and Juro Osawa HONG KONG (Dow Jones)--Minority shareholders of Alibaba.com Ltd. (1688.HK) on Friday voted in favor of a proposal by Alibaba Gr...
Read More »
Telegraph.co.ukChief of Chile's Codelco Resigns Amid Copper BattleWall Street JournalBy CAROLINA PICA SANTIAGO, Chile—In the midst of a heated legal battle between Chilean state copper company Codelco and Anglo American PLC, Codelco's chief e...
Read More »
JP Morgan Unit Made Risky Bets on FirmsWall Street JournalThe investing in distressed companies isn't related to the loss-making trading connected to a London employee known as "the London Whale," and there is no evidence it contributed t...
Read More »
Report: Lehman bankruptcy estate inks deal to buy additional stake in ArchstoneWashington PostNEW YORK — The Wall Street Journal is reporting that Lehman Brothers Holdings Inc.'s bankruptcy estate has reached a deal to acquire a bigger stake in a...
Read More »
MarketWatchAn Employee Messes Up. Time to Unleash the Claw?Wall Street JournalBy JOHN BUSSEY If ever there was an open-and-shut case for clawing back compensation from reckless traders and risk managers, it must be JP Morgan Chase & Co., where even...
Read More »
Moneycontrol.comFacebook IPO glitch claims may top $US100mThe AgeClaims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $US100 million, as they and other traders continue to deal with ...
Read More »
Mark Cuban Likes Facebook, Hates What it Did to IPOsWall Street Journal (blog)Facebook shares closed up 3.2% at $33.03. So, he's in the money. The stock is still down 13% from its $38 IPO price. Facebook's trading debut last week was marred by ...
Read More »
Boston.comItaly's Monti says Greece will probably keep euroReutersROME May 24 (Reuters) - Greece will probably remain in the euro zone, Italian Prime Minister Mario Monti said on Thursday, but demands made of Greece by its partners had been unreali...
Read More »
Euro Crisis Calls for a Mix of SolutionsWall Street JournalBy STEPHEN FIDLER As the euro crisis intensifies amid mounting anxieties about a possible Greek departure from the common currency, the clamor grows for initiatives that will decisively shift e...
Read More »
RTT NewsVeriFone 2Q Net Down 43% On Continued Acquisition CostsWall Street JournalVeriFone Systems Inc.'s (PAY) fiscal second-quarter earnings fell 43% as restructuring and acquisition-related costs continued to overshadow stronger revenue and bett...
Read More »
As Euro Crisis Grows, IMF Helping EU Explore Alternatives To Euro BondsWall Street JournalBy Ian Talley WASHINGTON (Dow Jones)--The International Monetary Fund is helping Europe explore politically-palatable alternatives to euro bonds as a way to help ...
Read More »
Euro Zone Crisis To Hit Colombia, Chile; Won't Derail GrowthWall Street JournalBy Inti Landauro Of DOW JONES NEWSWIRES PARIS (Dow Jones)--Chilean finance minister Felipe Larrain said Thursday his country will be hit by the euro-zone crisis in the c...
Read More »
Facebook Ipo Fallout Includes Pr FailPortfolio.com (blog)by Kent Bernhard, Jr. Facebook's stock may be on the upswing, but problems for the social network include shareholder lawsuits and regulator interest in bank practices before the company'...
Read More »
The West AustralianGerman business confidence drops on eurozone fearsThe Seattle TimesGerman business confidence dropped sharply in May, a closely-watched survey showed Thursday, as anxiety grows in Europe's largest economy over the increasing fina...
Read More »
Globe and MailFacebook straddles breakeven lineCNNMoneyBy Aaron Smith @CNNMoneyInvest May 24, 2012: 12:05 PM ET NEW YORK (CNNMoney) -- Facebook's stock straddled the breakeven line on Thursday, still down at least 15% from the price of its initial ...
Read More »
Telegraph.co.ukHewlett-Packard Shares Rise As Some Worries Lift, But Not AllWall Street JournalBy Joan E. Solsman Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Hewlett-Packard Co.'s (HPQ) shares rose as much as 7.5% Thursday as quarterly results ea...
Read More »
Moneycontrol.comUS Stocks Soft As Investors Shrug Off Europe, DataWall Street JournalBy Kaitlyn Kiernan and Tomi Kilgore Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--US stocks were flat early Thursday as investors shrugged off gains in European markets...
Read More »
The Associated PressWeekly US jobless aid applications dip to 370000The Associated PressBy CHRISTOPHER S. RUGABER, AP Economics Writer – 1 minute ago WASHINGTON (AP) — The number of people seeking unemployment benefits changed little last week, sig...
Read More »
Plain DealerUS Banks See Strong ProfitsWall Street JournalBy VICTORIA MCGRANE WASHINGTON—US banks reported their highest quarterly profit since mid-2007 in the first period, while overall lending activity decreased for the first time in four quarters...
Read More »
Mortgage Rates for 30-Year US Loans Fall to a Record-Low 3.78%BloombergUS mortgage rates for 30-year loans fell to a record low for a fourth straight week, reducing borrowing costs as a housing recovery takes hold. The average rate for a 30-year fixed ...
Read More »
Regulators raise questions about Facebook IPO after its disappointing performancePublic Radio International PRIRegulators and lawyers are looking into whether Morgan Stanley and other Wall Street banks that helped orchestrate Facebook's IPO warned ...
Read More »
CNBC.comDudley Tells CNBC He Doesn't See Need for More Easing NowBloombergWilliam C. Dudley, president of the Federal Reserve Bank of New York, said he doesn't currently see the need for additional action to ease policy. “My view is that, if ...
Read More »
Moneycontrol.comKnight Capital Wants Nasdaq To Cover Losses During Botched Facebook IPOHuffington PostBy John McCrank and Ashutosh Pandey (Reuters) - Electronic trader Knight Capital Group said it suffered a pre-tax loss of $30 million to $35 million o...
Read More »
Dividend.comHJ Heinz 4Q Net Falls 22% On Charges, Sales Miss ViewsWall Street JournalHJ Heinz Co.'s (HNZ) fiscal fourth-quarter earnings fell 22%, partly due to costs for its productivity initiatives, as the food company's sales grew slower tha...
Read More »
BloombergDemand for Business Equipment in U.S. Falls for Second MonthBloombergOrders for computers, machinery and other capital equipment dropped in April for a second month, pointing to a slowdown in US business investment. Bookings for non-military g...
Read More »
Los Angeles TimesNegative equity remains a drag on housing marketLos Angeles TimesNearly 1 in 3 homeowners with a mortgage in LA County owes more than the property is worth, new data show. These underwater loans hinder mobility and hurt prices because ...
Read More »
Twitter links powered by Tweet This v1.8.3, a WordPress plugin for Twitter.
Recent Comments