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Global stocks, oil fall after Bernanke; dollar gains
ReutersNEW YORK (Reuters) - Stocks, bonds and currencies took a wild ride on Wednesday, as remarks by Federal Reserve Chairman Ben Bernanke failed to provide the clear picture investors had hoped for of the likely continuation of the U.S. central bank's bond-...Tags: Citigroup Incorporated, Sri Lanka, Advanced Micro Devices Inc., Polls, Hewlett-Packard Co.
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Wall Street falters in volatile session on Fed worries
ReutersNEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest U.S. Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at...Tags: Tyson Foods Incorporated, New Corporation Limited, Green Mountain Coffee Roasters, Inc., Biogen Idec Incorporated, Carnival Corporation
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For Detroit in crisis, next six weeks determine bankruptcy fate
ReutersDETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to...Tags: Rick Snyder, Finance, Pension and Welfare, Wage Contract Issues, Collective Contract
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Bank of America makes booking gains look easy
Wouldn't it be nice if investing in the stock market were as easy as Bank of America Corp. is making it look? The second-largest U.S. lender this week settled a five-year legal battle with MBIA Inc., the struggling bond insurer, over losses tied to bad...Tags: Finance, Banking, Bank of America Corp., Goldman Sachs Group, Inc., Economy, Business and Finance
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S&P ups National Public Finance financial strength rating to A
ReutersMay 10 (Reuters) - Standard & Poor's Ratings Services on Friday raised National Public Finance Guarantee Corp's financial strength rating to A from BBB and removed the rating from CreditWatch Positive. As the litigation with 18 banks over the...Tags: Stock Market, Public Finance, Standard & Poor's Financial Services LLC, Politics
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French and Benelux stocks-Factors to watch on May 9
ReutersBelow are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks. CAC 40 futures are down 0.10 pct at 0639 GMT CREDIT AGRICOLE France's Credit Agricole and Italy's...Tags: Italy, France, Stock Market, Activision Blizzard, Inc., Credit and Debt
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Greenlight Capital exits "profitable" MBIA short -letter
ReutersNEW YORK, May 9 (Reuters) - Greenlight Capital's David Einhorn told his investors that the hedge fund closed its longstanding "short" position in bond insurer MBIA Inc. in the first quarter. Einhorn, in an investor letter which was reviewed by Reuters...Tags: Greenlight Capital Inc.
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Pershing Square's Ackman: Intrinsic value of P&G stock could hit $125 in 2 yrs
ReutersNEW YORK, May 8 (Reuters) - William Ackman, chief executive of hedge fund Pershing Square Capital Management, said on Wednesday that the intrinsic value of consumer goods company Procter & Gamble's stock could reach $125 within two years. Ackman, whose...Tags: Mutual Funds, Procter & Gamble, Herbalife Limited
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S&P upgrades MBIA, National Public Finance Guarantee fncl strength rtgs
ReutersMay 8 (Reuters) - Standard & Poor's Ratings Services on Wednesday raised the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee Corp adding it may upgrade them further. The rating action on MBIA - with a financial...Tags: Stock Market, Public Finance, Politics, Standard & Poor's Financial Services LLC, Bank of America Corp.
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MBIA settles with Societe Generale for $350 mln
ReutersMay 8 (Reuters) - MBIA settles with Societe Generale for $350 mln, ending litigation over MBIA restructuring -
MBIA settles with Societe Generale for $350 million
ReutersNEW YORK (Reuters) - MBIA Inc agreed to pay Societe Generale $350 million to settle litigation over the bond insurer's restructuring, a person familiar with the case told Reuters on Wednesday. MBIA confirmed the settlement in a regulatory filing...Tags: Finance, Banking, Litigation and Regulation, Trials, Insurance
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S&P upgrades National Public Finance, says may get A rating
Reuters(Reuters) - Following a cash settlement between MBIA Inc and Bank of America , Standard & Poor's Rating upgraded on Wednesday the financial strength ratings of MBIA Insurance Corp and National Public Finance Guarantee. The rating agency, which had...Tags: Finance, Stock Market, Banking, Litigation and Regulation, Trials
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 19, 2013
|Story| Reuters
May 13, 2013
|Column| Allentown Morning Call
May 10, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 9, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
May 8, 2013
|Story| Reuters
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