"Wallstreet" Reader

"Wallstreet" Reader


Osborne: UK Will Stick to Austerity Drive

Posted: 06 Oct 2012 05:55 PM PDT

The U.K. government will stick to its austerity drive, U.K. Chancellor of the Exchequer George Osborne was reported as saying in a newspaper interview Sunday in which he also outlined a package of tax breaks worth $807 million.

American Securities Buys HHI Group

Posted: 06 Oct 2012 05:42 PM PDT

A private-equity firm is paying $750 million for HHI Group, once a money-losing collection of auto-parts suppliers, amid a resurgence in the U.S. auto industry.

Vision Financial to Take On Peregrine Accounts

Posted: 06 Oct 2012 07:08 AM PDT

Brokerage firm Vision Financial Markets will take on thousands of customer accounts from Peregrine Financial Group, under an agreement with the trustee unwinding Peregrine.

Hiring Notches Modest Gains

Posted: 05 Oct 2012 07:43 PM PDT

The U.S. unemployment rate fell to 7.8% in September, the lowest level in more than 3½ years, from 8.1% in August. Payrolls increased by 114,000 with private companies adding 104,000 jobs.