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| Icahn's Next Target: Clorox Wall Street Journal By ELLEN BYRON And GREGORY ZUCKERMAN Activist investor Carl Icahn put Clorox Co. in play Friday, launching a bid for the iconic, 98-year-old American company and inviting other buyers to make offers of their own. The bid, which values Clorox at $10.2 ... See all stories on this topic » | ||
| Investors react to earnings, prompt late rally Bizjournals.com Investors were bullish on Google and other stocks after strong earnings reports prompted Wall Street traders to shrug off fears of a looming debt crisis. Investors jumped back into stocks Friday after some high-profile earnings reports prompted an ... See all stories on this topic » | ||
| Citigroup Estimates It Has $22 Billion at Risk in Five European Countries Bloomberg By Donal Griffin - Fri Jul 15 20:22:26 GMT 2011 Citigroup tumbled 5.3 percent in New York Stock Exchange trading on July 11 as concern mounted that Europe's debt crisis may engulf Italy, which has the region's second-highest borrowings. ... See all stories on this topic » | ||
| Italian, Spanish, Irish, Portuguese Bonds Slump as Debt Crisis Spreads Bloomberg By Emma Charlton and Garth Theunissen - Sat Jul 16 06:00:01 GMT 2011 Italian two-year note yields surged the most in over a year, as the nation's borrowing costs rose at a debt sale and contagion from Greece's debt crisis spread across the 17-nation ... See all stories on this topic » | ||
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| SEC's Aguilar seeks investor alert on retail forex Reuters By Sarah N. Lynch WASHINGTON (Reuters) - A top securities regulator is calling for a special investor alert to warn retail investors about the risks of trading off-exchange foreign currency contracts. Luis Aguilar, a commissioner at the US Securities ... See all stories on this topic » | ||
| US Downgrade Would Ripple Into Every Home Fox Business By Dunstan Prial The threat that the US might lose its coveted Aaa debt rating probably seems esoteric to most casual observers. After all, who can really comprehend the numbers involved? A national debt that stands at $14.5 trillion. ... See all stories on this topic » | ||
| UK govt defends Murdoch ties as scandal spirals Seattle Post Intelligencer US businessman Les Hinton, CEO of Dow Jones & Company and publisher of the Wall Street Journal, arrives a house where Rupert Murdoch was staying in central London, Tuesday, July 12, 2011. Hinton was the executive chairman of the embattled News ... See all stories on this topic » | ||
| Exploring default — just in case it comes STLtoday.com House Speaker John Boehner of Ohio, right, speaks during a news conference with House Majority Leader Eric Cantor, R-Va., left, on Capitol Hill in Washington, Friday, July 15, 2011. (AP Photo/Susan Walsh) Securities analyst Juli Niemann puts the matter ... See all stories on this topic » | ||
| Starwatch consumer | Government seeks more airline information Kansas City Star The government wants to require that airlines regularly report the amount and types of fees they charge, as well as the number of checked bags and mishandled wheelchairs. Transportation Secretary Ray LaHood said making airlines report more information ... See all stories on this topic » | ||
| CIBC buying minority stake in American Century Vancouver Sun Canadian Imperial Bank of Commerce said Friday it has reached a deal to purchase a minority stake in a US asset-management firm for $848 million US in cash. The Toronto-based bank said the deal will give it a 41 per cent equity stake in American ... See all stories on this topic » | ||
| FDIC closes two Georgia banks Atlanta Journal Constitution By J. Scott Trubey Regulators seized and sold two more struggling metro Atlanta banks Friday, the 15th and 16th failures in Georgia this year. Stockbridge-based High Trust Bank and Atlanta-based One Georgia Bank were seized and sold to Ameris Bank of ... See all stories on this topic » | ||
| Sales of 'Cars 2' Toys Lift Profit at Mattel New York Times By REUTERS Mattel, the world's largest toy company, reported a higher-than-expected quarterly profit Friday on strong sales of its Barbie dolls and toys based on the "Cars 2" movie. The sales increase shows the growing global reach of Mattel. ... See all stories on this topic » | ||
| Swiss-US tax talks flounder as CS probed-paper Reuters ZURICH, July 16 (Reuters) - Swiss attempts to try to get a US tax investigation against its banks dropped are floundering with the launch of a US probe into Credit Suisse seen as a bid to turn up the pressure, a newspaper reported on Saturday. ... See all stories on this topic » | ||
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| Delta Cuts Number of Flights to Small Cities in Midwest New York Times By AP Delta Air Lines said Friday it was reducing the number of flights to small cities in the nation's midsection, saying it could not make money on flights that were sometimes empty. The affected flights connect Delta's hubs to 24 small cities in ... See all stories on this topic » | ||
| Freddie Mac and Fannie Mae 2011 note calendar Reuters July 15 (Reuters) - The following are scheduled sales announcement dates for potential Freddie Mac (FMCC.OB) reference, Fannie Mae (FNMA.OB) benchmark notes for 2011. Freddie Mac and Fannie Mae said the dates below are windows of optional note issuance ... See all stories on this topic » | ||
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| RPT-Ex-trader pleads innocent to Ponzi scheme charges Reuters CHICAGO, July 15 (Reuters) - A former currency trader extradited from Peru pleaded not guilty in US District Court on Friday to criminal fraud charges stemming from a Ponzi scheme that prosecutors said lured some 400 investors into losing at least $5 ... See all stories on this topic » | ||
| Industrial production restrained Detroit Free Press Industrial production in the US rose less than forecast in June, restrained by falling output of autos and business equipment. The 0.2% increase in production at factories, mines and utilities followed a revised 0.1% decrease the prior month that was ... See all stories on this topic » | ||
| First Horizon beats forecasts Memphis Commercial Appeal By James Dowd Efforts by Memphis-based First Horizon National Corp. to get leaner and more efficient appear to be paying off, as the parent company of First Tennessee Bank posted a dramatic increase in second-quarter earnings. Second-quarter net income ... See all stories on this topic » | ||
| No future for Chicago pork belly contracts Financial Times By Gregory Meyer in New York The Chicago Mercantile Exchange announced its demise in a terse notice. "Because of a prolonged lack of trading volume and after significant discussion with industry participants, CME will be delisting frozen pork bellies ... See all stories on this topic » | ||
| U.S. July Empire State Manufacturing Index (Text) Bloomberg By Editor: Alex Tanzi - Fri Jul 15 13:40:31 GMT 2011 The July Empire State Manufacturing Survey indicates that conditions for New York manufacturers deteriorated for a second consecutive month. The general business conditions index remained below zero, ... See all stories on this topic » | ||
| RPT-UPDATE 3-LME raises minimum load-out from metal warehouses Reuters By Susan Thomas LONDON, July 15 (Reuters) - The London Metal Exchange on Friday raised the minimum daily volume of metal that the larger warehouses it monitors must deliver in a bid to unblock long delays and said warehouses that do not comply could ... See all stories on this topic » | ||
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| U.S. Stocks Fall Most in Five Weeks on Europe, Lawmakers' Debt-Limit Talks Bloomberg By Cecile Vannucci and Nikolaj Gammeltoft - Sat Jul 16 04:01:00 GMT 2011 US stocks fell this week, including the biggest one-day drop in a month, amid concern the debt crisis in Europe is spreading and American lawmakers are putting the nation's top ... See all stories on this topic » | ||
| Analyst Moves: AAPL, INTC Forbes Apple (AAPL) had its estimates raised today by Jefferies (JEF) fo through 2012. The analyst at Jefferies cited better than expected sales for the iPhone, iPad, and Macbook air as the reason for the increase. Apple had its estimates raised today by ... See all stories on this topic » | ||
| BofA shares dip below $10 for first time in 2 years Los Angeles Times Bank of America Corp. shares have dropped below $10 a share for the first time in more than two years, as investors worry that the bank will have more bad news to disclose when it reports earnings on Tuesday. Pre-announcing results late last month, ... See all stories on this topic » | ||
| US HOT STOCKS: McCormick & Schmick's Active In Late Trading Wall Street Journal US stocks closed higher Friday as the Dow Jones Industrial Average rose 43 points to 12480, the Standard & Poor's 500 added 7.3 points to 1316 and the Nasdaq Composite gained 27 points to 2790. Among the companies whose shares are actively trading in ... See all stories on this topic » |
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