"Wallstreet" Reader |
- Investors Show Optimism That Cliff Will Be Avoided
- Chinese Pledge to Keep A123 Assets in U.S.
- Tencent Chases Cash
- Asian Shares Rise; Shrug Off France Downgrade
- As Coal Mines Shut, 'Big Iron' Gets Dirt Cheap
- More Ex-Bosses Get Consulting Fees
- Buddies, Colleagues and, Prosecutors Allege, Inside Traders
- J.P. Morgan Names Lake as CFO
- Tiger Global Owns 9.9% of Groupon
- For 'Credit Invisibles,' A Market Takes Shape
- Moody's Cuts France Rating
- Hostess, Bakers Agree to Mediation
- Honeywell Plans for Cuts
- HSBC Weighs Ping An Stake Sale
- Mexico Isn't a 'Boring Story,' Exchange Insists
- Toys 'R' Us to Expand in China
- Rising Grain Costs Test Meat Companies
- Judge Dismisses Former AIG Chief's Suit
- Housing Market Posts Gains
- Banks Complete $6.3 Billion in Mortgage Write-Downs
| Investors Show Optimism That Cliff Will Be Avoided Posted: 19 Nov 2012 07:56 PM PST Hopes that lawmakers in Washington will reach an agreement on taxes and spending gave investors new confidence and drove stock indexes to their best day in two months.
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| Chinese Pledge to Keep A123 Assets in U.S. Posted: 19 Nov 2012 08:06 PM PST Wanxiang, the Chinese auto parts company looking to acquire assets of advanced battery maker A123 Systems in bankruptcy court, said it would employ the firm's U.S. workers and keep its factories open if its bid is accepted.
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| Posted: 19 Nov 2012 06:49 PM PST Chinese Internet company Tencent plans to tie a payment service to its popular WeChat app, an effort to turn the fast-growing service into a commercial power.
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| Asian Shares Rise; Shrug Off France Downgrade Posted: 19 Nov 2012 06:17 PM PST Asian shares rose Tuesday tracking Monday's sharp gains on Wall Street amid optimism that the U.S. will be able to avoid going over the fiscal cliff. The S&P/ASX 200 rose 0.4%.     |
| As Coal Mines Shut, 'Big Iron' Gets Dirt Cheap Posted: 19 Nov 2012 04:50 PM PST One upside to the mining downturn: An auction of industrial equipment where bidders can get a 100-ton rock truck for a song.
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| More Ex-Bosses Get Consulting Fees Posted: 19 Nov 2012 06:07 PM PST Many former executives enjoy lucrative consulting gigs at their old companies. Boards dole out these agreements to guarantee smooth leadership transitions and keeping former bosses content.
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| Buddies, Colleagues and, Prosecutors Allege, Inside Traders Posted: 19 Nov 2012 07:51 PM PST A network of high-school buddies and former co-workers often talked on the phone about the "Fat Man," and giving each other their "vacation photos," but federal prosecutors say those were code words used to disguise an insider-trading ring that lasted five years.
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| Posted: 19 Nov 2012 05:31 PM PST J.P. Morgan Chase named finance executive Marianne Lake to succeed Douglas Braunstein as chief financial officer of the largest U.S. bank.     |
| Tiger Global Owns 9.9% of Groupon Posted: 19 Nov 2012 06:52 PM PST Tiger Global Investments disclosed a 9.9% stake in Groupon, according to a filing with the SEC.     |
| For 'Credit Invisibles,' A Market Takes Shape Posted: 19 Nov 2012 05:29 PM PST Several firms have devised new credit-scoring methods to help lenders identify those who are worth the creditworthy among the millions shut out of the mainstream financial system.
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| Posted: 19 Nov 2012 06:21 PM PST Moody's stripped France of its triple-A rating, following in the footsteps of Standard & Poor's and delivering a stinging critique of President Hollande's attempts to turn the economy around.     |
| Hostess, Bakers Agree to Mediation Posted: 19 Nov 2012 06:09 PM PST Hostess and its striking union agreed to mediation to prevent a shut down after a bankruptcy judge suggested the two sides talk.     |
| Posted: 19 Nov 2012 04:37 PM PST Honeywell said it expects the bulk of looming U.S. defense cuts to be implemented, and in a sharp break with rivals said it welcomes the reductions.     |
| HSBC Weighs Ping An Stake Sale Posted: 19 Nov 2012 05:18 PM PST HSBC is negotiating with an unnamed potential buyer for its 15.6% stake—valued at $9.28 billion—in China's Ping An Insurance.     |
| Mexico Isn't a 'Boring Story,' Exchange Insists Posted: 19 Nov 2012 05:10 PM PST Mexican stock-exchange officials have exciting news they want to share: The booming local market is primed to continue booming, no matter how frothy its rally may seem.     |
| Toys 'R' Us to Expand in China Posted: 19 Nov 2012 10:40 AM PST Toys 'R' Us plans an online and bricks-and-mortar push in China, its top executive said, in a bet that a growing middle class will see play time as increasing essential.
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| Rising Grain Costs Test Meat Companies Posted: 19 Nov 2012 07:29 AM PST Tyson and Hormel are to post quarterly results this week amid a drought that has driven up the cost of grains the meat companies use to feed livestock.     |
| Judge Dismisses Former AIG Chief's Suit Posted: 19 Nov 2012 05:16 PM PST AIG former CEO Maurice "Hank" Greenberg suffered a setback in his ongoing dispute with the federal government over its handling of the $182 billion bailout of the troubled insurer.     |
| Posted: 19 Nov 2012 06:25 PM PST Existing-home sales rose 2.1% in October to an annual rate of 4.79 million, the National Association of Realtors said, even as the number of houses for sale shrunk.     |
| Banks Complete $6.3 Billion in Mortgage Write-Downs Posted: 19 Nov 2012 07:39 AM PST Among first-lien mortgages that received a principal reduction, borrowers had their loan balances cut by an average of $117,000, according to the independent monitor established to ensure that banks were meeting the terms of a settlement agreed to in March.     |
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