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| Facebook IPO Valuation Could Top $100 Billion: Sources CNBC.com Facebook, the social-networking site that is one of the most closely-watched private companies in the world, is likely to go public by the first quarter of 2012, say people familiar with the matter, at a valuation that could be pegged at north of $100 ... See all stories on this topic » | ||
| Apple and Nokia end patent dispute Financial Times By Andrew Ward in Stockholm The US technology company will pay a one-off sum to Nokia followed by ongoing royalty payments for patents owned by the Finnish mobile phone maker. The deal marked a rare piece of good news for Nokia after a torrid period of ... See all stories on this topic » | ||
| IMF Names Lagarde and Carstens as Contenders for Top Post New York Times By JACK EWING FRANKFURT — The long-shot bid by Stanley Fischer, the governor of the Bank of Israel, to become managing director of the International Monetary Fund appeared to already be over after the international lender's executive board said late ... See all stories on this topic » | ||
| EURO GOVT-Greek credit default swaps rise on S&P rating cut Reuters LONDON, June 14 (Reuters) - The cost of insuring Greek government debt against default rose on Tuesday after the country became the lowest-rated in the world according to rating agency Standard and Poor's. Following the cut to a CCC, Greece now has a ... See all stories on this topic » | ||
| US stock index futures signal early bounce Reuters * US stock index futures pointed to a bounce at the open on Wall Street on Tuesday, with futures for the S&P 500 SPc2 up 0.9 percent, Dow Jones DJc2 futures up 0.5 percent and Nasdaq 100 NDc2 futures up 0.7 percent at 0900 GMT. * Nokia (NOK1V. ... See all stories on this topic » | ||
| Wendy's sells Arby's South Bend Tribune By WILLIAM SPAIN MarketWatch CHICAGO -- Wendy's/Arby's Group Inc. said Monday that it has cut a deal to unload most of its Arby's chain on private-equity firm Roark Capital Group in a deal valued at $430 million. While Wendy's/Arby's Group will keep an ... See all stories on this topic » | ||
| Wall Street Ends in Stalemate; Banks Rally, Energy Drags Fox Business By Adam Samson The markets ended on the fence on Monday after falling energy stocks offset a solid performance in the banking sector. The Dow Jones Industrial Average climbed 1.1 points, or 0.01%, to 11953, the S&P 500 was up 0.85 point, or 0.07%, ... See all stories on this topic » | ||
| Apotheker Revamps HP Management BusinessWeek By Aaron Ricadela (Bloomberg) — Hewlett-Packard Co. Chief Executive Officer Léo Apotheker elevated executives in the software, sales and services divisions, part of a leadership realignment aimed at boosting sales and making managers more accountable. ... See all stories on this topic » | ||
| Tesco staunches sales fall but no sign of upturn MarketWatch By Kathy Gordon LONDON (MarketWatch) -- Supermarket giant Tesco PLC (TSCO.LN) largely staunched the sales decline in its home market with smarter food pricing in the first quarter, but lacklustre non-food sales weren't helped by weak consumer spending ... See all stories on this topic » | ||
| New York City's employers open more job positions, cut down on unemployment ... New York Daily News BY Phyllis Furman Despite gloomy economic times, more employers are looking to hire this summer as compared to the winter, according to a new report. If you've been unemployed for some time, take heart. Things are on the upswing. ... See all stories on this topic » | ||
| Republic Aims to Give up Control of Frontier Air ABC News By JOSHUA FREED AP Airlines Writer Republic Airways plans to shrink its holdings in money-losing Frontier Airlines to a minority stake by the end of 2014 under a tentative agreement with Frontier pilots. Republic has a split operation in which it flies ... See all stories on this topic » | ||
| VF To Buy Timberland For $2 Billion Cash, A 43% Premium Wall Street Journal (Adds fresh stock quotes in third paragraph, stock activity for other footwear companies in fourth paragraph, details of go-shop period in fifth paragraph.) --VF Corp. to buy Timberland Co. for $43/shr, a 43% premium to Friday's closing price By ... See all stories on this topic » | ||
| Japan Aims to Help Tepco With Compensation Plan Wall Street Journal By MITSURU OBE TOKYO—The Japanese cabinet proposed a bill Tuesday to help Tokyo Electric Power Co. pay compensation to those affected by the crisis at the Fukushima Daiichi nuclear plant and provide a way for the utility to avoid bankruptcy under the ... See all stories on this topic » | ||
| AmEx Targets Biggest Banks, Dodges Debit Caps With Prepaid Card Bloomberg By Dawn Kopecki - Tue Jun 14 04:00:18 GMT 2011 American Express Co. (AXP) is offering a no-fee prepaid card that's exempt from new US caps on debit- swipe fees and may draw customers from some banks that are trimming rewards programs because of the ... See all stories on this topic » | ||
| US airlines collect $5.7 billion in fees Reuters A passenger waits for his flight near a Delta Air Lines logo at Detriot Airport November 20, 2010. WASHINGTON (Reuters) - US airlines collected 10 percent more in fees last year to check bags and change reservations, raising more than $5.7 billion that ... See all stories on this topic » | ||
| Dollar pares losses after China tightens MarketWatch By Lisa Twaronite, MarketWatch TOKYO (MarketWatch) — The dollar got a knock, then a lift, from China on Tuesday, first falling after better-than-expected data but then paring those losses after the People's Bank of China announced a surprise tightening ... See all stories on this topic » | ||
| BofA May Post Added $27 Billion in Housing Losses, Sanford Bernstein Says Bloomberg By Ambereen Choudhury and Hugh Son - Mon Jun 13 20:31:28 GMT 2011 June 13(Bloomberg) -- Paul Miller, a bank analyst at FBR Capital Markets and a former examiner for the Federal Reserve Bank of Philadelphia, discusses the prospects for Bank of America ... See all stories on this topic » | ||
| Nissan Aggravates Leaf Electric Car Buyers Bloomberg By Alan Ohnsman - Mon Jun 13 20:05:24 GMT 2011 Drivers who want to own a Leaf 1are willing to invest time and money to have their homes rewired to accommodate the vehicles, something the average driver isn't ready to do, said The Car Lab's Noble. ... See all stories on this topic » | ||
| Bank overcharged pension fund by $20m, state says Boston Globe By Beth Healy Massachusetts officials yesterday alleged that the state pension fund was overcharged by at least $20 million over the past four years as a result of foreign-currency trading abuses by Bank of New York Mellon Corp. ... See all stories on this topic » | ||
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| Zvi Goffer Found Guilty in Insider Trading Case New York Times By PETER LATTMAN A federal jury in Manhattan on Monday found Zvi Goffer and two co-conspirators guilty of insider trading, the latest development in the government's investigation into insider trading at hedge funds. Mr. Goffer, his brother Emanuel ... See all stories on this topic » | ||
| Aetna Says U.S. Regulators Lift Sanctions Blocking Medicare Sales Wall Street Journal By ANNA WILDE MATHEWS Aetna Inc. said federal regulators lifted sanctions that had blocked the health insurer from marketing Medicare plans and enrolling new beneficiaries. The removal of the restriction imposed by the Centers for Medicare and Medicaid ... See all stories on this topic » | ||
| Avis car hire companies agree to reunite Financial Times By Helen Thomas in New York The combined group will have an annual revenue of approximately $7bn and owned or licensed operations in more than 150 countries, including India and China. Avis Europe was separated from Avis Budget in 1986 but only lasted ... See all stories on this topic » | ||
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| Rank Said to Have Made Offer for Graham Bloomberg Rank Group Ltd., the packaging company owned by New Zealand billionaire Graeme Hart, is the bidder that submitted an unsolicited $1.64 billion cash takeover offer for Graham Packaging Co., according to a person with knowledge of the matter. ... See all stories on this topic » | ||
| Beazer Chief Is Dismissed by the Board New York Times By AP Beazer Homes has fired its chief executive about three months after he agreed to give back $6.5 million in bonuses and profits from the sale of company stock in a deal with federal regulators. The executive, Ian McCarthy, had accrued those gains ... See all stories on this topic » | ||
| SEC Seeks to Halt Sales of Stocks of 2 Chinese Companies New York Times By BLOOMBERG NEWS The Securities and Exchange Commission moved to halt new share offerings in two companies after their independent auditors resigned. Investigators say that China Intelligent Lighting and Electronics and China Century Dragon Media ... See all stories on this topic » | ||
| Free Republicans From the Middle-Class Tax Trap: Ramesh Ponnuru Bloomberg By Ramesh Ponnuru Tue Jun 14 04:01:58 GMT 2011 Comments For more than 30 years Republicans have won elections by promising to cut middle-class taxes, or at least to stop middle-class tax increases. No domestic issue has been as reliable a vote-winner. ... See all stories on this topic » |
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