Posted by Reuters: Business News on February 7, 2012
(Reuters) – The Securities and Exchange Commission (SEC) will unveil proposals aimed at stabilizing money-market funds in the event of another financial panic, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Posted by Reuters: Business News on February 6, 2012
(Reuters) – General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.
Posted by Reuters: Business News on January 31, 2012
(Reuters) – Johnson & Johnson will replace two company group chairmen in charge of its unit that makes Tylenol, following a series of recalls of its popular medicines, the Wall Street Journal said, citing an internal company announcement.
Posted by Reuters: Business News on January 30, 2012
(Reuters) – Citigroup’s chairman, Richard Parsons, is considering giving up the position to focus on other interests, the Wall Street Journal reported on Sunday, citing people familiar with the situation.
Posted by Reuters: Business News on January 28, 2012
(Reuters) – Rupert Murdoch’s News Corp is in “serious talks” to poach veteran Bloomberg LP executive Lex Fenwick to run its Dow Jones publishing business, which houses the Wall Street Journal, according to two people familiar with the discussions.
Posted by Reuters: Business News on January 16, 2012
PHILADELPHIA (Reuters) – Investment bank Morgan Stanley plans to tell employees this week that bonuses will drop, with cash payouts capped for now at $125,000, The Wall Street Journal reported on Monday.
Posted by Reuters: Business News on January 9, 2012
(Reuters) – Hostess Brands Inc, a wholesale baker, is again preparing to file for Chapter 11 bankruptcy protection this week, The Wall Street Journal reported, citing people familiar with the matter.
Posted by Reuters: Business News on January 6, 2012
(Reuters) – MF Global’s bankruptcy trustee, Louis Freeh, has refused to turn over some documents to the Commodity Futures Trading Commission (CFTC), which is investigating what happened to an estimated $1.2 billion in missing customer funds, the Wall Street Journal said.
Posted by Reuters: Business News on January 5, 2012
(Reuters) – Eastman Kodak is preparing a Chapter 11 bankruptcy protection filing in case it is unable to sell its digital patents to raise capital, The Wall Street Journal reported on Wednesday.
Posted by Reuters: Business News on December 23, 2011
(Reuters) – American International Group Inc CEO Robert Benmosche has told the company’s directors that he would like to remain in his job longer than previously planned, the Wall Street Journal reported on its website.
