"Wallstreet" Reader

"Wallstreet" Reader

Investors Weigh In on For-Profit-College Regulation

Posted: 24 Jan 2011 07:39 PM PST

The Education Department, pondering regulations that would affect for-profit schools, has heard from investors who placed bets against their stocks, a move the department defends but that some political players object to.

At Santander, Succession in the Spotlight

Posted: 24 Jan 2011 05:52 PM PST

A court ruling that could ban Banco Santander's chief executive from the banking industry has raised questions about who will succeed him.

Justices Extend Protection Over Workplace Retaliation

Posted: 24 Jan 2011 07:13 PM PST

The Supreme Court ruled that employers can be sued if they retaliate against a relative or close associate of a worker who filed a discrimination claim.

Private Equity Makes Return to IPO Game

Posted: 24 Jan 2011 06:55 PM PST

From a coming surge of IPOs, private-equity honchos can expect muted gains, reduced debt and hope of finally handing cash back to investors. It's a far cry from the days of old.

Advertisers Drop 'Skins'

Posted: 24 Jan 2011 07:53 PM PST

Wrigley, Schick and L'Oréal are among the latest marketers to say they don't want to advertise on MTV's racy new teen series "Skins." Taco Bell and others have also distanced themselves.

AIG's Benmosche to Stay Until 2012

Posted: 24 Jan 2011 05:42 PM PST

AIG CEO Robert Benmosche expects to remain in his role for the next 12 to 18 months following an "encouraging prognosis" from his doctors, the company said Monday.

TI Says Chip Demand Is Recovering

Posted: 24 Jan 2011 05:22 PM PST

Texas Instruments' revenue rose 17% as the chip maker benefited from strong demand for mobile devices and analog and embedded products.

Surge in AmEx Profit Shows Improving Customer Profile

Posted: 24 Jan 2011 05:39 PM PST

American Express's fourth-quarter profit grew 48% as card-member spending climbed 15% and loss provisions dropped sharply.

Companies Are Adding to Dividends

Posted: 24 Jan 2011 05:29 PM PST

More U.S. companies are initiating or raising dividends as they release annual earnings and head into shareholder meetings in a sign of growing management confidence and rising cash balances.

SEC Probed Over Massachusetts Munis

Posted: 24 Jan 2011 05:40 PM PST

The SEC is investigating the relationship between former state Treasurer Timothy Cahill, his official and campaign staffs, and a former aide who went on to work for Goldman Sachs.

United Western Bank Calls Seizure Premature

Posted: 24 Jan 2011 12:46 PM PST

Federal regulators' seizure of United Western Bancorp's subsidiary bank could push the Denver holding company into bankruptcy and scuttled an attempt to save the bank without using government funds.

Barclays Mulls Bonds for Bonuses

Posted: 24 Jan 2011 11:59 AM PST

Barclays is considering paying about 1,000 senior bankers part of their bonuses in bonds that could convert to equity in times of stress, a person familiar with the matter said.

Spain Moves Forward on Bank Rules

Posted: 24 Jan 2011 05:38 PM PST

The Spanish government said it will overhaul its banking sector regulation to allow partial nationalization of its ailing savings banks and inject fresh capital.

Air France Withholds Key Report

Posted: 24 Jan 2011 05:04 PM PST

Air France said it has received and is implementing 35 safety recommendations made by an outside panel but the airline said it wouldn't release the report or make public the specific recommendations.

Bump in Emanuel's Road to City Hall

Posted: 24 Jan 2011 04:39 PM PST

Emanuel leads his closest rival in the race for Chicago mayor by 20 points and has nearly $12 million in campaign cash—but he can't get on the ballot in his hometown.

Airlines Revamp Sites to Push Extras

Posted: 24 Jan 2011 04:09 PM PST

U.S. airlines are ramping up their websites as they rethink their relationship with consumers—and try to pitch more than just seats. Carriers' new online offerings range from luggage pick-up at home to paragliding lessons after landing.

Intel Bolsters Buyback Plan

Posted: 24 Jan 2011 07:04 PM PST

Intel's board authorized the company to buy back another $10 billion in stock as the chip maker seeks to return cash to shareholders and resurrect a depressed stock.

U.S. to Auction Citi Warrants

Posted: 24 Jan 2011 08:38 AM PST

The U.S. Treasury said an auction of more than 465.1 million warrants to purchase Citigroup common stock will begin Tuesday morning.

Huawei Sues Motorola to Block Asset Sale

Posted: 24 Jan 2011 09:43 AM PST

Huawei has sued to delay the sale of some Motorola technology to Nokia Siemens Networks, claiming it would improperly transfer the Chinese company's intellectual property.

Saudi Comments Push Oil Lower

Posted: 24 Jan 2011 12:55 PM PST

Oil futures finished at their lowest price in more than a month after the oil minister of Saudi Arabia said he expects prices to remain unchanged, raising concerns that the world's largest crude exporter could increase production.