Posted by Reuters: Business News on February 6, 2012
(Reuters) – Investors suing Bank of America Corp won class-action status for their lawsuit accusing the bank of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co and the size of Merrill’s losses and bonus payouts.
Posted by Reuters: Business News on January 31, 2012
ATHENS (Reuters) – Greece’s private sector creditors could take a loss of more than 70 percent in a planned debt swap, Finance Minister Evangelos Venizelos said on Tuesday.
Posted by Reuters: Business News on January 30, 2012
NEW YORK (Reuters) – Stocks extended losses on Monday, with all three major indexes falling more than 1 percent.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.7 percent, Dow Jones futures down 0.64 percent and Nasdaq 100 futures down 0.79 percent at 5:13 a.m. ET.
Posted by Reuters: Business News on January 27, 2012
NEW YORK (Reuters) – Stocks trimmed losses to end little changed on Friday, as investors saw dips in the market as an opportunity to buy into what has been a strong first month of 2012.
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(Reuters) – Chevron Corp reported lower quarterly earnings on Friday as rising spending on oil and gas projects and losses at its refinery business offset gains from higher crude oil prices.
Posted by Reuters: Business News on January 25, 2012
FRANKFURT (Reuters) – The European Central Bank has ruled out taking voluntary losses on its Greek bond holdings but is now debating how it would handle any forced losses and whether to explore legal options to avoid such a hit, central bank sources told Reuters on Wednesday.
Posted by Reuters: Business News on
LOS ANGELES (Reuters) – Netflix Inc’s fourth-quarter revenue outpaced Wall Street’s expectations as the video rental website reversed subscriber losses to sign up more than 600,000 new U.S. customers in the period, pushing its shares up 13 percent.
Posted by Reuters: Business News on January 24, 2012
NEW YORK (Reuters) – Stocks cut losses and the Nasdaq turned positive on Tuesday as equities continued to show resilience after a five-day rally, but investors were cautious as talks to resolve Greece’s debt crisis faltered.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.43 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.14 percent at 5:23 a.m. ET.
