"Wallstreet" Reader |
- PBOC Floods Market With Cash
- Beijing Finds Hint of Hope in Manufacturing
- Asian Shares Mixed
- Banks See Mortgage Requests Rising
- J.P. Morgan Sues Whale's Ex-Boss
- Wall Street Sputters Back to Life
- Asian Debt Luring Buyers Abroad
- Disney's Deal Making Creates Rivalry
- BBC Faces Potential Liability
- Looming Tax Increase Fuels Sales of Businesses
- Another Pharmacy Recalls Products
- Icahn Takes Stake in Netflix
- Sandy Likely to Boost Eaton's Electrical Sales
- Mixed Return For Stocks
- Michigan Hospital Systems in Merger Talks
- Generator Problems Hit Knight
- Ally Financial Repays $2.9 Billion of Debt
- MGM Resorts' Quarterly Loss Widens
- Calvin Klein Brand United in $2.9 Billion Deal
- Greek Austerity Pressure Rises
| Posted: 31 Oct 2012 09:08 PM PDT China's central bank injected a record amount of cash into the financial system this week, but that doesn't necessarily signal an escalation of Beijing's effort to ease monetary conditions.
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| Beijing Finds Hint of Hope in Manufacturing Posted: 31 Oct 2012 08:34 PM PDT Two gauges of manufacturing activity in China showed improvement in October, the latest signs of a modest rebound in the world's second-largest economy.     |
| Posted: 31 Oct 2012 09:13 PM PDT Asian markets were mixed on Thursday, with sentiment helped by a recovery in Chinese manufacturing activity, while Panasonic plummeted in Tokyo after slashing its earnings outlook. The Shanghai Composite added 1.8%.
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| Banks See Mortgage Requests Rising Posted: 31 Oct 2012 06:14 PM PDT Americans are increasingly asking their banks for mortgages but banks are wary of lending money to buy homes, a trend that could crimp the housing recovery.     |
| J.P. Morgan Sues Whale's Ex-Boss Posted: 31 Oct 2012 05:37 PM PDT J.P. Morgan sued a former supervisor of the trader known as the "London whale" for the supersize bets that backfired into more than $6 billion in losses for the largest U.S. bank.     |
| Wall Street Sputters Back to Life Posted: 31 Oct 2012 07:53 PM PDT Powered by generators, surrounded by flooding and staffed at partial strength, the Big Board cranked back to life for the first time since Sandy swept the East Coast. The Dow industrials closed down 10.75 points at 13096.46.     |
| Asian Debt Luring Buyers Abroad Posted: 31 Oct 2012 05:09 PM PDT Global investors are buying into the booming Asian local-currency bond market, seeking out the high yields being offered from Indonesia to Sri Lanka and betting on currency appreciation, too.     |
| Disney's Deal Making Creates Rivalry Posted: 31 Oct 2012 09:16 PM PDT Walt Disney's acquisition of Lucasfilm would expand its portfolio to the "Star Wars" series at the risk of diluting the 89-year-old entertainment empire's Disney-branded film franchise.
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| Posted: 31 Oct 2012 06:28 PM PDT The BBC faces more than just a scandal involving alleged sexual abuse by one of its best-known stars. It also faces potential civil liability, particularly if crimes occurred on its premises.     |
| Looming Tax Increase Fuels Sales of Businesses Posted: 31 Oct 2012 01:02 PM PDT A looming increase in the capital-gains tax rate next year is fueling sales of some privately-held businesses.     |
| Another Pharmacy Recalls Products Posted: 31 Oct 2012 05:27 PM PDT Drug-mixing pharmacy Ameridose recalled all of its products, after federal health inspectors asked the company to improve its sterility testing.     |
| Posted: 31 Oct 2012 05:29 PM PDT Activist investor Carl Icahn disclosed a nearly 10% stake in Netflix, saying the streaming-video and DVD-by-mail company's shares are undervalued. The stock surged 14% on the news.     |
| Sandy Likely to Boost Eaton's Electrical Sales Posted: 31 Oct 2012 12:05 PM PDT Sandy will boost demand for transformers, switching gear and other electrical equipment made by Eaton Corp., according to the company's CEO.     |
| Posted: 31 Oct 2012 02:58 PM PDT U.S. stocks ended the month on a soft note as markets traded along the flat-line following a two-day shutdown caused by a storm that battered the Atlantic Coast.     |
| Michigan Hospital Systems in Merger Talks Posted: 31 Oct 2012 06:17 PM PDT Beaumont Health System of southeastern Michigan is in merger talks with Detroit-based Henry Ford Health System as the nonprofit hospitals scramble to find new ways to cut costs amid declining hospital stays.     |
| Posted: 31 Oct 2012 06:41 PM PDT Knight Capital told clients to send orders elsewhere less than three hours after U.S. stock markets reopened.     |
| Ally Financial Repays $2.9 Billion of Debt Posted: 31 Oct 2012 12:55 PM PDT Ally Financial, which is 74% owned by the U.S. government, repaid $2.9 billion of debt it issued under a financial crisis-era guarantee program by the FDIC.     |
| MGM Resorts' Quarterly Loss Widens Posted: 31 Oct 2012 01:31 PM PDT MGM Resorts International's third-quarter loss widened as a tax benefit shrank from a year earlier, but the casino-and-resort operator reported improved revenue, led by its business in China.     |
| Calvin Klein Brand United in $2.9 Billion Deal Posted: 31 Oct 2012 05:50 PM PDT PVH agreed to acquire fellow New York apparel company Warnaco in a $2.9 billion cash-and-stock deal that would bring Calvin Klein shirts, jeans and underwear under a single roof.     |
| Greek Austerity Pressure Rises Posted: 31 Oct 2012 07:13 PM PDT Greece's parliament narrowly approved a law giving the government greater flexibility to privatize public utilities, but the fractious vote underscored a widening rift within the ruling coalition.
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