- CalPERS, CalSTRS post double-digit annual gains 2013-07-15, 03:11 pm
The nation's two largest public pension funds are reporting double-digit returns from rising stock and real estate prices.
- Ethiopia will submit an offer to the World Trade Organization 2013-07-15, 03:10 pm
Ethiopia's gross domestic product has grown an average of 9.1 percent over the past 10 years, ranking it as Africa's second-fastest growing economy, after Angola, and sixth globally, according to World Bank data.
- RBC, BofA Could Earn $95 Million on Shoppers Sale 2013-07-15, 03:10 pm
Royal Bank of Canada and Bank of America Corp. may share as much as $95 million in fees for advising on Loblaw Cos.'
- Navistar Rises After Accord With Icahn, Rachesky: Mover 2013-07-15, 03:10 pm
Navistar International Corp. rose the most in more than two months after agreeing to let shareholders Carl Icahn and Mark Rachesky nominate two directors each to the truckmaker's board.
- Citigroup's Toxic Asset Unit Costs Jump to $1.25 Billion 2013-07-15, 03:09 pm
Citigroup Inc. , the third-biggest U.S. bank by assets, said first-half costs at a unit holding some of the lender's most toxic loans and securities multiplied by almost 10 times from a year ago on higher legal expenses.
- Trial of ex-Goldman Sachs trader opens in New York 2013-07-15, 03:08 pm
Fabrice Tourre faces allegations from a 2010 lawsuit brought by the Securities and Exchange Commission against him and Goldman Sachs in what was called the most significant legal action related to the mortgage meltdown that helped pushed the country into recession.
- With Corbat at helm, Citi's profit, revenue rise 2013-07-15, 03:08 pm
This Wednesday, Dec. 5, 2012 file photo, shows a Citi Bank sign in Chicago. Citigroup turned in a strong first quarter, but the sentiment from the bank was more cautious than celebratory.
- Resource Capital Corp. to Report Operating Results for Second Quarter 2013 2013-07-15, 03:08 pm
Resource Capital Corp. announced today that it will release its second quarter 2013 operating results on Tuesday, August 06, 2013, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Wednesday, August 07, 2013, at 08:30 a.m. Eastern Time.
- Bachmann Pays $55,000 in Legal Fees 2013-07-15, 03:07 pm
Bachmann for President, the former presidential campaign committee of Rep. Michele Bachmann , R-Minn., reported it paid $55,000 for legal fees during the second quarter of 2013.
- Jurors picked in SEC fraud case against Goldman's Fabrice Tourre 2013-07-15, 03:07 pm
The trial of former Goldman Sachs Group Inc bond trader Fabrice Tourre began with the selection of five women and four men as jurors on Monday, in a case centering on alleged Wall Street wrongdoing during the financial crisis.
- Why China's GDP, Citigroup Inc (C) Earnings And Retail Sales Paint A... 2013-07-15, 03:07 pm
Wall Street edged up in mid-day trading on Monday as data painted a mixed picture of the U.S. economy after retail sales rose less than expected, while growth in New York State's manufacturing sector accelerated in July.
- Bank of America Corp Q2 Earnings Preview: Small Gains Predicted In... 2013-07-15, 03:07 pm
... (2.6 percent in 2012), it is still quite high when compared to the industry average," said Business & Financial Services Research Analyst Sheetal Kothari's. Kothari also believes that the current ineterst rate environment could dent the bank's ...
- Ex-Rep. Margolies Last in Fundraising Race #PA13 2013-07-15, 01:00 pm
State Sen. Daylin Leach raised more than $350,000 in the second quarter for the open-seat primary in the 13th District, putting him ahead of a crowded, four-candidate field of Democrats in the fundraising race.
- Tapering Bets Could Backfire For Stock Bears 2013-07-15, 03:06 pm
In 1977, Congress amended The Federal Reserve Act, stating the monetary policy objectives of the Federal Reserve are "to promote effectively the goals of maximum employment, stable prices and moderate long-term interest rates".
- Exploding The Natural Gas Supply Myth: An Interview With Bill Powers 2013-07-15, 03:06 pm
The belief that America has a 100-year supply of natural gas has been repeated so frequently that it is often accepted as fact.
- Goldman's "Fabulous Fab" Goes On Trial In New York For Misleading Clients 2013-07-15, 03:06 pm
"Fabulous Fab" is headed to court on Monday, but he has a better chance of winning than his former clients did, according to charges from the Securities & Exchange Commission.
- CalPERS, CalSTRS post double-digit annual gains 2013-07-15, 03:05 pm
The California Public Employees' Retirement System reported a 12.5 percent annual return Monday while the California State Teachers' Retirement System says it gained 13.8 percent for the year that ended June 30. Both had dismal performances last year.
- Is A Whistleblower Behind Investigation Of Contractor That Vetted Snowden? 2013-07-15, 03:05 pm
The federal investigation of USIS - the government contractor that screened Edward Snowden for classified work with the National SecurityAgency - is not short on irony.
- Vivus Management Moves Signal Desperation 2013-07-15, 03:05 pm
Vivus Pharmaceuticals is in the middle of a heated proxy fight for control of the company's board.
- Southerners sign up to dance their socks off 2013-07-15, 03:05 pm
Southland's young dance enthusiasts are pulling their socks up, ready for a week of intense training by some of Australasia's top dance experts.
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