Posts tagged business news
US Stocks Lower In Global Sell-Off, Materials Cos Pace Drop – MarketWatch
Aug 17th
Boston Globe US Stocks Lower In Global Sell-Off, Materials Cos Pace Drop MarketWatch US stocks and commodities suffered a broad-based decline Monday as fear spread around the globe that an economic rebound may be further off than previously thought. US investors woke up Monday to China's Shanghai Composite Index on … Stocks tumble as investors worry about consumers The Associated Press Stocks slide on consumer woes CNNMoney.com MARKET COMMENT: Bks, Miners Pace Sharp Losses For Europe Shrs Wall Street Journal New York Times
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BB&T Takes Over Failing Colonial BancGroup – New York Times
Aug 15th
Boston Globe BB&T Takes Over Failing Colonial BancGroup New York Times Wall Street's biggest banks may be roaring back to life, but trouble still lurks in corners of the financial industry that remain plagued by a legacy of bad investments. A branch in Washington, of BB&T, a big bank that bought Colonial … Colonial becomes biggest bank failure of 2009 MarketWatch BB&T buys Colonial bank; 4 other banks fail CNNMoney.com BB&T Continues Its Aggressive Climb With Deal Wall Street Journal Bizjournals.com
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BB&T buys Colonial bank; 4 other banks fail – CNNMoney.com
Aug 14th
Boston Globe BB&T buys Colonial bank; 4 other banks fail CNNMoney.com NEW YORK (CNNMoney.com) — Troubled Colonial BancGroup will be bought by rival BB&T Friday, the government said after state regulators closed the bank whose assets had been frozen by a … Colonial BancGroup, 4 other banks shut down The Associated Press It's official: Colonial BancGroup fails Bizjournals.com BB&T Continues Its Aggressive Climb With Deal Wall Street Journal Forbes
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General Motors to Try Selling New Cars on eBay – Washington Post
Aug 10th
ABC News General Motors to Try Selling New Cars on eBay Washington Post The government-rescued automaker announced on Monday that it is starting a trial in which consumers can buy new cars through eBay, the online sales site, allowing buyers to purchase Chevrolets, Buicks, GMCs or Pontiacs before they … GM Sees ebay as a Way to Reach New Buyers New York Times General Motors to sell cars on eBay Bizjournals.com GM Sells Cars Through EBay in Bid to Return to Profit Bloomberg Reuters
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Mitsubishi Rayon Shares Leap On $2B Buyout Hopes – Wall Street Journal
Aug 9th
Reuters Mitsubishi Rayon Shares Leap On $2B Buyout Hopes Wall Street Journal TOKYO (Dow Jones)–Investors scrambled to buy into plastics company Mitsubishi Rayon Co. (3404.TO) Monday, lifting shares more than 20% on hopes that Japan's biggest petrochemicals maker, Mitsubishi Chemical Holdings Corp.(4188. … Japan Hot Stocks-Disco, Credit Saison, Watabe Wedding, GEO, Rohm Forbes Nikkei hits 10-mth closing high; M'bishi Rayon soars Reuters Saudi SABIC says agrees JV with Mitsubishi Rayon Reuters UK ArabianOilandGas.com
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Microsoft Sells Razorfish Digital Agency to the Publicis Groupe – New York Times
Aug 9th
MSN Malaysia News Microsoft Sells Razorfish Digital Agency to the Publicis Groupe New York Times The biggest force in digital advertising is getting ever bigger as the Publicis Groupe strikes a deal with Microsoft to buy Razorfish, the interactive agency that Microsoft has owned since acquiring aQuantive in 2007. … Publicis to buy Razorfish ad agency from Microsoft Reuters Publicis To Buy Microsoft's Razorfish For $530M Wall Street Journal Microsoft Sells Razorfish to Publicis for $530M Xconomy Mashable
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US Loses Less Jobs Than Forecast – New York Times
Aug 8th
BBC News US Loses Less Jobs Than Forecast New York Times By REUTERS WASHINGTON (Reuters) – The US unemployment rate fell in July for the first time in 15 months as employers cut far fewer jobs than expected, giving the clearest indication yet that the economy was turning around from a deep recession. … In Jobless Rate Dip, a Partial Picture Washington Post US Economy: Payroll Losses Slow, Jobless Rate Falls Bloomberg Labor Department: Jobless rate, layoffs drop in July MiamiHerald.com Reuters
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HK, China shares drop on liquidity worries – Reuters
Aug 6th
Proactive Investors Australia HK, China shares drop on liquidity worries Reuters HONG KONG/SHANGHAI, Aug 7 (Reuters) – Hong Kong and China shares dropped on Friday on lingering concern that the easy money days on the mainland maybe coming to an end. The Shanghai index has dropped 2.8 percent so far this week and is on track for its … Asian stocks lower on US jobless concern The Associated Press Hong Kong shares move lower, with financials weak MarketWatch Hang Seng Index finishes 1.6% lower at midday Alibaba News Channel New York Times
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Ex-Chief of AIG Settles SEC Case for $15 Million – New York Times
Aug 6th
IFAwebnews.com Ex-Chief of AIG Settles SEC Case for $15 Million New York Times Federal regulators accused Maurice R. Greenberg, the former chief executive of the beleaguered American International Group, on Thursday of overseeing deals that fraudulently overstated AIG's financial position, charges that came after a … SEC Slaps Greenberg for AIG accounting BusinessWeek SEC Settles Suit With Former AIG Execs Greenburg, Smith Wall Street Journal Greenberg to settle SEC accounting charges, WSJ says MarketWatch CNNMoney.com
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US Stocks Advance as Home Sales Overshadow Valuation Concern After … – Bloomberg
Aug 4th
Reuters US Stocks Advance as Home Sales Overshadow Valuation Concern After … Bloomberg Aug. 4 (Bloomberg) — US stocks rose for a fourth day as a bigger-than-estimated increase in pending sales of existing homes overshadowed concern that the market's recent rally has made American equities too expensive. … Stocks gain after a struggle CNNMoney.com US Stocks Move Slightly Lower Despite Gain In Financials Wall Street Journal How the major stock indexes fared on Tuesday The Associated Press TheStreet.com
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