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Judge revives Dexia's mortgage lawsuit vs. JPMorgan
Reuters(Reuters) - A federal judge has revived a closely watched lawsuit accusing JPMorgan Chase & Co of misleading Belgian-French bank Dexia SA into buying more than $1.6 billion of troubled mortgage debt. Citing a recent federal appeals court decision...Tags: Bears Stearns Cos., Justice System, Judges, Washington Mutual Inc., Mortgages
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Hedge funds shop at Supervalu, sour on Apple
ReutersNEW YORK (Reuters) - Barry Rosenstein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while Philippe Laffont's Coatue Management lost its stomach for the company's shares. Regulatory filings revealed that JANA, a...Tags: Supervalu Inc., Zynga Inc., Groupon, Inc., U.S. Securities and Exchange Commission, Apple iPad
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Hedge fund manager Cooperman likes banking company Monitise
ReutersLAS VEGAS, May 9 (Reuters) - Billionaire hedge fund manager Leon Cooperman listed some of his favorite stocks on Thursday and said the biggest winner of all might be mobile banking company Monitise Plc "That's a five bagger," Cooperman, who runs Omega...Tags: Yelp, Inc., Mutual Funds, Qualcomm Inc., Citigroup Incorporated, Yahoo! Inc.
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AIG may pursue fraud case vs BofA over Countrywide
Reuters* AIG says misled over Countrywide securities * California judge rules in $10 billion case * Bank of America to defend against remaining claims By Jonathan Stempel May 7 (Reuters) - American International Group Inc may pursue a lawsuit accusing...Tags: Insurance, Justice System, Federal Reserve, Judges, Countrywide Financial Corp.
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U.S. RESEARCH ROUNDUP: AIG, Yahoo, Gap, BroadSoft
ReutersMay 7 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including AIG, Gap, TJX and Yahoo, on Tuesday. HIGHLIGHTS * Yahoo : Stifel raises price target to $31 from $27; rating * Retail:...Tags: Align Technology, Inc., Sonus Networks Incorporated, Chesapeake Energy Corp., GameStop, Marketing
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BRIEF-AIG shares down following ratings cut from Goldman
ReutersNEW YORK, May 7 (Reuters) - American International Group Inc : * Shares down 1.6 percent in premarket trade following ratings cut from Goldman -
Loeb's Third Point up 10.5 pct for year through April -letter
ReutersBy Katya Wachtel NEW YORK, May 6 (Reuters) - Daniel Loeb's flagship hedge fund gained 1.4 percent in April, pushing returns to 10.5 percent for the year, according to an investor note reviewed by Reuters. The broader stock market gained 1.9 percent in...Tags: Japan, International Paper Company
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U.S. RESEARCH ROUNDUP: Apple, Berkshire Hathaway, Walt Disney, AIG
ReutersMay 6 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Apple, Berkshire Hathaway and Walt Disney, on Monday. HIGHLIGHTS * Apple : Barclays ups target price to $525 from $465; rating...Tags: Regeneron Pharmaceuticals Incorporated, Keycorp, Marketing, First Horizon National Corporation, Cigna Corporation
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U.S. RESEARCH ROUNDUP: Estee Lauder, Actavis, MGM Resorts
ReutersMay 3 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Estee Lauder and MGM Resorts, on Friday. HIGHLIGHTS * LinkedIn Corp : BMO, JP Morgan, Canaccord Genuity, others raise...Tags: Endurance Specialty Holdings Limited, PG&E Corporation, Power-One Incorporated, Landstar System Incorporated, Marketing
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CANADA STOCKS-TSX set to open higher after strong U.S. jobs data
ReutersMay 3 (Reuters) - Canada's main stock index looked set to open higher on Friday after stronger-than-expected U.S. jobs data raised hopes about the outlook for the North American economy. TOP STORIES * U.S. employment rose more than expected in April,...Tags: Labor Markets, Marketing, Fairfax Financial Holdings Limited, Eldorado Gold Corporation, Sierra Wireless Incorporated
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U.S. housing regulator lifts objection to $8.5 bln BofA deal
ReutersBy Karen Freifeld NEW YORK, May 3 (Reuters) - The Federal Housing Finance Agency on Friday withdrew its conditional objection to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities. Other...Tags: Economy, Business and Finance, Finance, Mortgages, Bank of New York Company, Fannie Mae
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Working poor didn't cause crash
I must take issue with letter writer Stanley Glinka's assertion that it was "the policy of forcing banks to give loans to people who could not afford them" that led to our current financial mess ("Stop blaming Bush," May 1). First of all, we need to...
Tags: Federal Deposit Insurance Corporation, Personal Income
May 17, 2013
|Story| Reuters
May 15, 2013
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May 9, 2013
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May 7, 2013
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May 7, 2013
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May 7, 2013
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May 6, 2013
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May 6, 2013
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May 3, 2013
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May 3, 2013
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May 3, 2013
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May 3, 2013
|Story| Baltimore Sun
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