Archive for the ‘News’ Category
Wall Street marks best month in a year in July
NEW YORK (Reuters) – U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.
Jobs data, earnings latest test for stocks
NEW YORK (Reuters) – U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.
No Lobbying Help for the Little Guys
Trade groups are silent on a $30 billion fund to spur lending
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Republicans Block Small-Business Lending Measure
Senate Republicans blocked a measure that would cut taxes and ease credit for small businesses, saying they objected that Democrats refused to consider their amendments to extend tax breaks and cap federal spending.
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Wall Street edges lower as investors mull slow recovery
NEW YORK (Reuters) – Stocks fell on Friday, rebounding for a second day in a row from more substantial losses, as concerns about slower economic growth held trading to a tight range.
Cuomo widens insurer probe with 6 more subpoenas
NEW YORK (Reuters) – New York Attorney General Andrew Cuomo has subpoenaed six more insurers as the state widens a probe into whether life insurance companies have defrauded families of deceased members of the military.
Disney to sell Miramax for over $660 million
LOS ANGELES (Reuters) – Walt Disney Co has agreed to sell Miramax, the studio behind such films as “Trainspotting” and “No Country for Old Men,” for more than $660 million to Filmyard Holdings LLC, ending months of talks between the media group and a star-studded cast of bidders.
Aon quarterly profit rides high on acquisitions
BANGALORE (Reuters) – Aon Corp , the world’s largest insurance brokerage, reported a market-beating quarterly profit, driven by recent acquisitions that offset a drop in commissions.
