 U.S. stocks recover in late tradingA surge in bank shares returned the major indices to the black Thursday, after rough sailing earlier in the... | |
 Banks in Australia profiteering says regulatorAustralia's biggest banks are gouging its customers, the Reserve Bank of Australia... |
 Sri Lanka doing massive deals with ChinaSri Lanka will soon build a second international airport on the south of the island, with much of the money coming from... |
 BA strike to go ahead after talks failureThere has been no agreement reached between British Airways and the Unite... |
 Defects unable to stop Toyota sales in USThe US sales of Toyota vehicles declined nearly 9 percent in... |
 Chrysler takes Volkswagen exec to run FiatThe Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local... |
 Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
 Carlos Slim becomes the new Bill GatesMexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's... |
 UK bank has better time in 2009The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be... |
 Orange County residents can now go direct to the islandsThe John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian... |
 Russia goes to Argentina for caviar fixA Russian company has gone to Argentina to increase its supply of... |
| Forbes says Gates no longer the world's richest Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last... |
 Emaar Properties to go ahead with Lombok proposalGulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic... |
| Ceo Pay Watch: Graco's Mchale: $776,000 For 2009 McHale qualified for a bonus of $81,228. But with employees having already made sacrifices, he declined to accept the award. McHale also requested, and the compensation committee approved,... |
| Financial Shares Take Heart After Bipartisan Overhaul Hits A Wall NEW YORK - U.S. stocks picked up traction late Thursday for a third straight day of gains after Citigroup Inc. said the bank is on its way to sustainable profitability and as Democrats gave up on a... |
| Frontier Airlines Mechanics Seek Court Order As Republic Pushes Them To Move To Wisconsin MILWAUKEE - The union for mechanics at Frontier Airlines is going to court over plans to shift their work to Milwaukee. Republic Airways Holdings Inc. bought Frontier last year, and wants to move... |
| Stocks To Watch: Stocks In Focus For Friday Russian ETF landscape State Street launches ETF tracking Russian stocks, going up against Van Eck’s Market Vectors Russia ETF, writes MarketWatch's John... |
| Former Lloyds Banker Sir Brian Pitman Dies Sir Brian Pitman, arguably the most respected banker of his generation, has died of a heart attack aged 78. Sir Brian, had most recently been the chairman of Virgin Money, but he was became famous... |
| 'clients Don't Pay Me To Feel Sorry': Bond Vigilante Bill Gross Talks Tough Bill Gross, bonds investor and founder of Pimco, takes a hard line on investment in debt laden countries, such as Greece Photograph: Andrew Hetherington/Redux/eyevine Bill Gross, the world's... |
| Citigroup Ceo Says Bank On Path To Profitability Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.CEO Vikram Pandit said Thursday... |
| Us Stocks Rally 0.4 Per Cent, Buoyed By Citigroup New York - US stocks rose at least 0.4 per cent Thursday, after increases on the two previous days, buoyed by the bailed-out Citigroup's optimistic outlook. Citigroup chief executive Vikram Pandit... |
| Agrium Ends Yearlong Attempt To Acquire Cf Industries March 11 (Bloomberg) -- Agrium Inc. will let its $5.43 billion offer for CF Industries Holdings Inc. expire and won’t try to elect nominees to CF’s board, ending a yearlong attempt to... |
| Earnings Roundup: Xoma, Pacific Sunwear Among the earnings stories for Thursday, March 11, from AP Financial News: BERKELEY, Calif. (AP) - Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract revenue dipped.... |
| Ulta Salon Expects Earnings And Sales Growth Ulta Salon Cosmetics & Fragrance Inc. on Thursday said it expects its earnings per share to double or nearly double in its fiscal first quarter compared with a year... |
| Weak Economy Means It's A Freebie Nation You know the saying, “there’s no such thing as a free lunch?” Well, in this economy, getting a free lunch, a free book or even a free dress shirt may be easier than you... |
| New York Banking Gains On London New York and London have been ranked as the joint-top global financial centres, according to research published by the City of London Corporation.New York, which was previously second to London, was... |
| Uk House Sales 'slow' In 2010 The number of homes sold in England and Wales at the start of 2010 fell back to levels seen at the depths of the downturn, a survey says.Transaction levels fell to 36,000 in January, a drop of 52%... |
| Warning On Public Sector Pensions The amount of money paid as pensions to many workers in the public sector could more than triple in the next 50 years, the National Audit Office suggests.Its report on unfunded public sector schemes... |
| European Stocks To Watch: U.k. Outperforms Continent As Both Currencies Fall LONDON (MarketWatch) -- Both the British pound and the euro have taken a battering this year as traders fret about levels of national debt. One big difference, however, has emerged: U.K. stocks have... |
| Report: Aig Employees To Surrender $45 Million AIG ) will recover $45 million in the form of returned contentious retention payments made to AIG employees in 2009, the Wall Street Journal reported, Thursday. Employees of the troubled... |
| Press Release: Libertypointe Bank Of New York Shut Down (The following is a press release from the FDIC) LibertyPointe Bank, New York, New York, was closed today by the New York State Banking Department, which appointed the Federal Deposit Insurance... |
| Japan Finance Minister: Can't Say Japan Recovery Sustainable Yet TOKYO -(Dow Jones)- Japan's finance minister Naoto Kan said Friday that recent gross domestic product data suggest there has been an improvement in the nation's economy, but that it is still too... |
| Fdic Extends Securitization Safe Harbor Through September WASHINGTON -(Dow Jones)- A U.S. bank regulator moved Thursday to extend its safe harbor for securitized assets through September, putting off a decision on a plan to make banks more accountable for... |
| Japanese Shares Climb Early, With Autos Strong LOS ANGELES -- Japanese shares followed their U.S. peers higher in early Friday trade, with auto stocks staging an early rally, helped by reportedly good sales at Honda Motor Co. . In early action,... |
| China Approves Qfii License For Ivy Investment Management SHANGHAI -(Dow Jones)- The China Securities Regulatory Commission said Thursday it approved U.S. investment firm Ivy Investment Management Co.'s application for a Qualified Foreign Institutional... |
| 2nd Update: At&t Ceo Stephenson's Pay Grew To $29.2 Million In '09 T ) Chairman and Chief Executive Randall Stephenson's pay package last year nearly doubled to $29.2 million on changes in pension value and incentive-plan compensation. His package in 2008 totaled... |
| Beijing Haohua Energy Resource To Start A-share Ipo Roadshow SHANGHAI -(Dow Jones)- Beijing Haohua Energy Resource Co. said Friday it will start a roadshow for its planned A-share initial public offering Monday. The coal producer said it plans to sell no more... |
| Honda Hybrid Sports Car Reportedly In High Demand SAN FRANCISCO -- Honda Motor Co.'s CR-Z hybrid sports car has drawn more than 7,000 orders only two weeks since its Feb. 26 debut, according to a report Friday. The Nikkei business daily reported... |
| Fannie Mae, Freddie Mac Will Clear Their Swaps -overseer FRE ) will clear a large portion of the swaps on their books "in months" even if Congress fails to pass a bill to mandate central clearing. "If there is no legislation, Fannie Mae and Freddie Mac... |
| Examiner Sees Gimmicks In Lehman Demise A worker carries a box out of the U.S. investment bank Lehman Brothers offices in the Canary Wharf district of London in this September 15, 2008 file... |
| Big Funds Stalk Canwest Newspapers The sale of Canada's largest English-language daily newspaper chain has attracted some of the country's financial heavyweights as potential suitors. Among the shortlist of bidders for Canwest... |
| Potash Corp. Earnings Dramatically Improve Potash Corp. dramatically improved its first quarter earnings guidance Thursday. The company said a sharp rebound in potash demand will help it earn between $1.30 and $1.50 a share. The new estimate... |
| Murdoch Takes Aim At New York Times NEW YORK -- Back in 1976 after he bought the New York Post, a confounded Rupert Murdoch asked the chairman of Bloomingdales why the upscale department store didn't advertise in his paper. According... |
| Transat Strategy 'didn't Work' Jean-Marc Eustache, Transat A.T. chief executive, admitted Thursday that his efforts to restore the profitability of the country’s largest tour operator fell flat this winter after just about... |
| Goldcorp Q4 Profits Jumps On Rising Gold Prices TORONTO -- Goldcorp Inc. delivered a solid fourth quarter as it continues to keep costs in check and benefit from near-record gold prices. The Vancouver-based giant reported adjusted Q4 earnings... |
| Snc Ponders Bid For Highway 407 Stake MONTREAL -- SNC-Lavalin Group Inc. is weighing whether to boost its investment in Toronto-area toll highway 407-ETR after Spanish infrastructure giant Ferrovial announced Thursday it would put a 10%... |
| Siemens Closing Hamilton Gas Turbine Plant TORONTO -- Giant industrial outfit Siemens AG announced Thursday it is closing its gas turbine plant in Hamilton, Ontario, cutting 550 jobs as the operation is relocated to Charlotte, N.C. The move... |
| Toyota Incentives Drive March U.s. Sales Up Sharply DETROIT -- Sales incentives, including zero-percent financing offers, have boosted Toyota Motor Corp's U.S. sales by nearly 50%t in early March, an industry tracking service and dealers said... |
| Ferrovial Puts 10% Of Canada’s Etr On Sale MADRID -- Debt-laden Spanish infrastructure giant Ferrovial said it has put 10% of its 407-ETR motorway in Canada up for sale and will use the proceeds to invest in new toll road projects and pay... |
| Solar Power Inc. Delays Earnings Report Solar Power Inc. has rescheduled the release of its fourth quarter and fiscal year 2009 earnings until the company’s audit is complete, Solar Power announced Thursday. The earnings results... |
