NEW YORK (Reuters) - Citigroup Inc. and Merrill Lynch & Co Inc. are in discussions to receive more capital from investors, primarily foreign governments, The Wall Street Journal reported on Thursday.
Source:
Reuters: Business News | 10 Jan 2008 | 12:14 pm
People who send money abroad to friends and relatives are being offered more reassurance.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 12:07 pm
Reuters - Stock futures dropped on Thursday as a
profit warning from Capital One Financial Corp , a
credit card issuer and banking company, fueled concerns about
the impact of the credit crisis and fallout from the housing
slump.
Source:
Yahoo! News: Business | 10 Jan 2008 | 12:06 pm
NEW YORK (Reuters) - Stock futures dropped on Thursday as a profit warning from Capital One Financial Corp , a credit card issuer and banking company, fueled concerns about the impact of the credit crisis and fallout from the housing slump.
Source:
Reuters: Business News | 10 Jan 2008 | 12:06 pm
The Bank of England keeps UK interest rates unchanged at 5.5%, despite signs of a consumer spending slowdown.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 12:04 pm
China's cabinet says it will temporarily intervene in the market to curb rampant food and fuel price rises.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 12:02 pm
Reuters - Capital One Financial Corp.
said on Thursday it expects to report fourth-quarter earnings
of around 60 cents per share, and warned that its full-year
results would fall below its previous outlook.
Source:
Yahoo! News: Business | 10 Jan 2008 | 12:00 pm
The Bank of England has resisted growing presssure to cut interest rates for the second time in as many months as it awaits further evidence that the UK economy is slowing.
Source:
Telegraph Business | 10 Jan 2008 | 12:00 pm
NEW YORK (Reuters) - Capital One Financial Corp. said on Thursday it expects to report fourth-quarter earnings of around 60 cents per share, and warned that its full-year results would fall below its previous outlook.
Source:
Reuters: Business News | 10 Jan 2008 | 11:59 am
ZURICH (Reuters) - Shares in Swiss-based computer peripherals maker Logitech International SA rose over 12 percent on Thursday amid speculation Microsoft Corp would launch a takeover bid, traders said.
Source:
Reuters: Business News | 10 Jan 2008 | 11:59 am
Hundreds of guards and drivers at rail operator First Great Western vote to go on strike, it is announced.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 11:54 am
LONDON (Reuters) - Goldman Sachs , the U.S. investment bank advising the British government on the future of Northern Rock , is seeking to widen the range of options open to the government in its bid to rescue the stricken bank.
Source:
Reuters: Business News | 10 Jan 2008 | 11:54 am
Reuters - Shares in Swiss-based computer
peripherals maker Logitech International SA rose over
12 percent on Thursday amid speculation Microsoft Corp
would launch a takeover bid, traders said.
Source:
Yahoo! News: Business | 10 Jan 2008 | 11:51 am
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 11:44 am
The nation's largest bank and largest Wall Street firm are both trying to raise additional capital from overseas investors to help them deal with losses from subprime mortgages, according to a published report.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 11:36 am
NEW DELHI (Reuters) - India's Tata Motors Ltd unveiled the world's cheapest car on Thursday, bringing car ownership closer to millions of consumers in emerging markets.
Source:
Reuters: Business News | 10 Jan 2008 | 11:35 am
The government may try to sell off its loans to Northern Rock to investors as bonds, the BBC has learned.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 11:33 am
Stocks could drift at the open Thursday as investors await a speech from Federal Reserve Chairman Ben Bernanke.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 11:21 am
The private equity-backed mortgage broker John Charcol has confirmed it is up for sale, after receiving approaches following a record year of business during 2007.
Source:
Telegraph Business | 10 Jan 2008 | 11:15 am
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 11:13 am
Faced with foreclosure on her Russellville, Indiana home, Christina Snyder allegedly concocted the kind of plan that now has insurance executives on edge.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 11:01 am
The question for many economists is not if the U.S. economy will fall into a recession. It's whether it already has.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 10:53 am
The world's most celebrated sneaker is turning green.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 10:52 am
Reuters - Citigroup Inc. and Merrill Lynch
& Co Inc. are in discussions to receive more capital
from investors, primarily foreign governments, The Wall Street
Journal reported on Thursday.
Source:
Yahoo! News: Business | 10 Jan 2008 | 10:40 am
The UK trade deficit widened in November from the month before, official figures show.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 10:27 am
Toyota puts pressure on GM to be the world's biggest carmaker, as global sales rise by 6%.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 10:14 am
Question: In "The truth about can't-lose funds," you did a good job of making fixed-indexed annuities (FIAs) look totally worthless.
Source:
Business and financial news - CNNMoney.com | 10 Jan 2008 | 10:02 am
India's Tata Motors reveals that its $2,500 car, the world's cheapest, is a four-doored model called the Nano.
Source:
BBC News | Business | World Edition | 10 Jan 2008 | 8:55 am
J Sainsbury has reported a far stronger Christmas than many retail-watchers expected. Like-for-like third quarter sales growth of 3.7pc (excluding fuel) represents a solid performance, and shares have opened up accordingly.
Source:
Telegraph Business | 10 Jan 2008 | 8:45 am
AP - Countrywide Financial Corp., its stock pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday the percentage of borrowers who missed payments on home loans last month rose, signaling worsening trouble for the nation's largest mortgage lender and for the entire mortgage sector.
Source:
Yahoo! News: Business | 10 Jan 2008 | 8:44 am
Bang & Olufsen suffers
Source:
Telegraph Business | 10 Jan 2008 | 7:55 am
J Sainsbury has revealed better-than-expected Christmas sales figures, indicating that while Britons stayed away from the high street they were happy to spend money on food and drink.
Source:
Telegraph Business | 10 Jan 2008 | 7:45 am
WASHINGTON (Reuters) - Expectations for the weakest consumer spending performance in 17 years during 2008 kept the odds of a recession at nearly 40 percent, a survey of top forecasters showed on Thursday.
Source:
Reuters: Business News | 10 Jan 2008 | 6:47 am
Reuters - Expectations for the weakest
consumer spending performance in 17 years during 2008 kept the
odds of a recession at nearly 40 percent, a survey of top
forecasters showed on Thursday.
Source:
Yahoo! News: Business | 10 Jan 2008 | 5:20 am
Reuters - Expectations for the weakest
consumer spending performance in 17 years during 2008 kept the
odds of a recession at nearly 40 percent, a survey of top
forecasters showed on Thursday.
Source:
Yahoo! News: Business | 10 Jan 2008 | 5:20 am
SEOUL (Reuters) - South Korea launched a special investigation into Samsung Group on Thursday on suspicions the country's largest conglomerate bribed public officials to squash investigations into its management practices.
Source:
Reuters: Business News | 10 Jan 2008 | 5:01 am
Bear Stearns held preliminary talks with Fortress Investments, a listed alternative asset management firm, regarding a possible combination in the weeks before Jimmy Cayne stepped down as chief executive of the investment bank, people familiar with the matter said
Source:
FT.com - US homepage | 10 Jan 2008 | 2:49 am
American Eagle and Men's Wearhouse both cut their fourth-quarter earnings guidance – presaging what is expected to be a round of grim December sales figures from other leading US retailer
Source:
FT.com - US homepage | 10 Jan 2008 | 1:44 am
At least 150,000 Iraqis died violently in the 40 months after the US-led invasion in 2003, according to an estimate derived from the most comprehensive survey yet of mortality in post-war Iraq
Source:
FT.com - US homepage | 10 Jan 2008 | 12:55 am
AP - Target Corp. said Wednesday that President Gregg Steinhafel would take over for retiring CEO Bob Ulrich, a long-expected handoff that comes just as the nation's second-largest retailer hits a rough patch.
Source:
Yahoo! News: Business | 10 Jan 2008 | 12:50 am
Robbins & Myers beats, leaps
Source:
Investor's Business Daily: BUSINESS | 10 Jan 2008 | 12:40 am
Sites offering cheap int'l calling
Source:
Investor's Business Daily: BUSINESS | 10 Jan 2008 | 12:40 am
PriceSmart (PSMT), which operates warehouse food clubs in Central America and the Caribbean, said Q1 net income jumped 67% to 23 cents a share as...
Source:
Investor's Business Daily: BUSINESS | 10 Jan 2008 | 12:40 am
TARGET (TGT), the discount retailer, said CEO Bob Ulrich, 64, will retire May 1 but continue to serve as chairman until year-end. Target President...
Source:
Investor's Business Daily: BUSINESS | 10 Jan 2008 | 12:40 am
Now that it has seen what a Paris acquisition can do for business, it will be hard to keep down the parent company of the New York Stock Exchange.
Source:
Investor's Business Daily: BUSINESS | 10 Jan 2008 | 12:40 am
One of the UK's leading consultancy firms has warned that victory for the Office of Fair Trading in its landmark case against banks' unauthorised overdraft charges could usher in the end of free banking.
Source:
Telegraph Business | 10 Jan 2008 | 12:10 am
Well, it is base rate day and, with both Our Gordon and Captain Darling indicating that they expect a cut, it will be a brave MPC that does not fall into line.
Source:
Telegraph Business | 10 Jan 2008 | 12:05 am
Kingswood and the School Travel Group, two companies that organise and manage school tours for thousands of British children, could be about to change hands for over £100m.
Source:
Telegraph Business | 10 Jan 2008 | 12:01 am
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