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BNP Paribas To Finish Restructuring In Coming Months 7 May 2012 | 03:22 am
- New bank rules alter the way the economy is funded -- Clear shift by corporates toward bond markets -- BNP Paribas to focus on its fixed income business (Adds comment and detail throughout.) PAR...
Oil drops below $100 for first time since February 7 May 2012 | 03:20 am
NEW YORK — Oil dropped below $100 per barrel for the first time since February following a disappointing U.S. jobs report and warnings of a weakening world economy. Benchmark West Texas Intermediate ...
UBS loses bid to dismiss FHFA mortgage debt case 7 May 2012 | 03:14 am
(Reuters) - A U.S. judge has rejected UBS AG's (UBSN.VX) bid to dismiss a federal regulator's lawsuit accusing it of misleading Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) into buying billions of d...
Pension Plan Sues Wal-Mart Officials Over Failures 7 May 2012 | 03:10 am
The pension plan, the California State Teachers’ Retirement System, owns about 5.3 million shares in Wal-Mart, worth about $313 million. Although that is a small stake — far less than 1 percent — the ...
Brazil expects rates below 8 pct by year's end-paper 7 May 2012 | 02:41 am
* Government sees 50 point cut in base rate in May * Government expects base rate at 7.5-7.75 pct by end 2012 SAO PAULO May 5 (Reuters) - The Brazilian government expects its benchmark interest rate t...
FCC rejects Liberty Media bid for Sirius XM control 7 May 2012 | 02:37 am
* John Malone company has 40 pct Sirius XM stake * Liberty Media claimed de facto control over Sirius XM * FCC dismisses Liberty Media application By Liana B. Baker May 5 (Reuters) - A federal reg...
• Stamp Out Hunger to collect food May 12 7 May 2012 | 02:35 am
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LinkedIn raises outlook, beats on profit 7 May 2012 | 02:32 am
* Q1 adj EPS 15 cents vs Street view 9 cents * Total revenue jumps 101 pct, beats expectations * Revises up 2012 revenue outlook * Shares rise 10 pct in after-hours trading * LinkedIn to buy Slide...
TransCanada files new application for permit to build Keystone XL pipeline ... 7 May 2012 | 02:28 am
WASHINGTON — The Canadian company seeking to build the Keystone XL pipeline submitted a new permit application on Friday for the segment proposed to carry crude from Alberta, Canada to Nebraska. The ...
Fracturing rule offers a concession 7 May 2012 | 02:23 am
MUCH of our economic debate implies we must choose between going green or going for growth. There is now hard evidence that the real choice is between green growth or no growth at all. For the first ...