"Wallstreet" Reader

"Wallstreet" Reader


SEC Nixed Knight's Plea for a Do-Over

Posted: 05 Aug 2012 07:22 PM PDT

Knight officials raced to negotiate a deal to save the crippled brokerage firm as new details emerged showing regulators rebuffed the company's pleas to be released from errant trades it had booked.

Small Banks Are Blunt in Dislike of New Rules

Posted: 05 Aug 2012 05:49 PM PDT

Community bankers are criticizing coming Basel III capital rules in unusually blunt language.

China's Top Leaders Hold Conclave

Posted: 05 Aug 2012 06:59 PM PDT

China's top leaders appear to have gathered for a secretive summer conclave to hammer out major decisions for the world's No. 2 economy amid a political scandal and a sensitive once-a-decade leadership transition.

Western Brands Get Run For Their Money in China

Posted: 05 Aug 2012 05:23 PM PDT

For years, multinationals such as Procter & Gamble and Unilever could easily dominate sales of toothpaste, detergent and other basic products in China. But increasingly slick Chinese products threaten to erode Western brands' market share.

European Banks 'Focused on Holding Their Own'

Posted: 05 Aug 2012 01:24 PM PDT

For European banks, the light at the end of the tunnel is fading—again.

'Macro' Funds Show Micro Returns

Posted: 05 Aug 2012 06:41 PM PDT

Financial markets continue to be whipsawed by policy makers and economic news, leaving even fund managers who focus on profiting from sweeping macroeconomic trends in a difficult spot.

Beazer Narrows Loss on More Closings, New Orders

Posted: 05 Aug 2012 11:54 AM PDT

Beazer Homes USA Inc. narrowed its fiscal third-quarter loss as the home builder reported more closings, new orders and higher home prices, though results came in lower than expected.

U.S. Awaits Biggest IPO Week Since Facebook

Posted: 05 Aug 2012 06:11 PM PDT

Manchester United and Bloomin' Brands, the operator of Outback Steakhouse, are among the six IPOs seeking to raise $1.1 billion, the largest amount in the U.S. since Facebook went public in May.

'Dark Knight' Remains in Lead

Posted: 05 Aug 2012 10:35 AM PDT

"The Dark Knight Rises" fended off competition by new releases to remain dominant for the third consecutive weekend. Since its release, it has brought in $354.6 million domestically.

Dun & Bradstreet's China Woes Could Threaten Sale

Posted: 05 Aug 2012 09:55 AM PDT

The China market is critical to the commercial database company's international growth ambitions, but its business is rapidly shrinking there.

One Year Later, What U.S. Downgrade?

Posted: 05 Aug 2012 08:10 AM PDT

A year ago, S&P's decision to cut the U.S.'s triple-A rating sparked a flight into safe-haven assets, including U.S. debt. Today, yields are lower and Treasury investors are less concerned about the next fiscal battle.

ING Likely to Sell Asian Life Insurance Assets Separately

Posted: 05 Aug 2012 10:55 AM PDT

ING didn't find a successful bidder for its Asian life-insurance businesses, but separate deals could still fetch more than $7 billion for the Dutch financial services firm.

Apple Secrets Are Revealed During Trial

Posted: 04 Aug 2012 07:49 AM PDT

Apple, one of the world's most secretive companies, is finding a price in pushing its grievances against Samsung: disclosure.