"Wallstreet" Reader |
- Virtu Takes Early Lead in Knight Talks
- Zucker Is Lead Candidate to Head CNN
- Asian Shares Down
- Tobacco Firms Told to Admit Deception
- Ally of Old Boss Also Goes Her Own Way
- U.S. Avoids Labeling China A Currency Manipulator
- More Investors Demand CEO Face Time
- Europeans Scrimp on Gifts
- Banks Feel Currency Pinch
- Problem: There's Too Much Steel
- Apple Pushes Out Mapping Executive
- EU Moves to Lower Bar to Sue Credit Raters
- Traders Stalk a Rally for U.S. Corn
- Extension of FDIC Program Gains Key Backer but Hurdles Loom
- Democrats Harden Budget Positions
- Why German Car Stocks Outpace Their European Rivals
- Ex-Level Global Analyst Testifies on Dell Secrets
- Google Takes on German Bill
- Viacom Picks New CFO
- Hollande, ArcelorMittal CEO Discuss Plant's Fate
| Virtu Takes Early Lead in Knight Talks Posted: 27 Nov 2012 06:44 PM PST Virtu Financial has emerged as the early front-runner to buy Knight Capital Group in a deal expected to value the bruised brokerage firm at more than $1 billion.       |
| Zucker Is Lead Candidate to Head CNN Posted: 27 Nov 2012 08:05 PM PST Jeff Zucker, the former head of NBCUniversal, is the lead candidate to become the next president of CNN Worldwide.
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| Posted: 27 Nov 2012 06:54 PM PST Asian markets were lower with worries over U.S. budget talks once again weighing on sentiment. The Hang Seng lost 0.7%.     |
| Tobacco Firms Told to Admit Deception Posted: 27 Nov 2012 05:44 PM PST A federal judge on Tuesday ordered tobacco companies to say in product warnings that the industry deceived the public about the dangers of smoking and manipulated tobacco products to increase addiction.     |
| Ally of Old Boss Also Goes Her Own Way Posted: 27 Nov 2012 06:35 PM PST Elisse Walter is a close friend of outgoing SEC Chairman Mary Schapiro, but also has a reputation for being strong-willed and independent on issues.     |
| U.S. Avoids Labeling China A Currency Manipulator Posted: 27 Nov 2012 03:53 PM PST The U.S. Treasury Department repeated that China's currency remains "significantly undervalued" but declined again to label Beijing a currency manipulator, avoiding a public slap that could disrupt diplomatic relations between the economic powers.     |
| More Investors Demand CEO Face Time Posted: 27 Nov 2012 07:22 PM PST More investors are requesting face-to-face meetings with CEOs before taking a stake in a company. CEO say the meetings leave them with less time to run their companies.
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| Posted: 27 Nov 2012 07:53 PM PST Shoppers across Europe are pinching pennies as the debt crisis enters its third year, forcing retailers to cut prices and push promotions.
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| Posted: 27 Nov 2012 08:04 PM PST Banks are seeing a steep decline in profits from currency trading, as once-lucrative businesses are eroded by the rise of electronic trading and the proliferation of new platforms.
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| Problem: There's Too Much Steel Posted: 27 Nov 2012 04:37 PM PST This year, steel mills around the world have a production capacity of 1.8 billion tons but will take orders for only 1.5 billion tons. And instead of consolidating, the industry is building still more capacity.     |
| Apple Pushes Out Mapping Executive Posted: 27 Nov 2012 04:13 PM PST Apple pushed out an executive responsible for its mapping service about two weeks ago, as the company tries to recover from the map service's rocky debut.     |
| EU Moves to Lower Bar to Sue Credit Raters Posted: 27 Nov 2012 04:07 PM PST European Union officials and lawmakers passed new rules on Tuesday aimed at making it easier for investors to sue credit-rating firms like Standard & Poor's Ratings Services and Moody's Investors Service.     |
| Traders Stalk a Rally for U.S. Corn Posted: 27 Nov 2012 04:21 PM PST Prices soared this summer as drought destroyed crops, sending buyers abroad. But now, U.S. corn prices have fallen and supplies elsewhere are drying up, prompting some traders to bet on a rebound.
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| Extension of FDIC Program Gains Key Backer but Hurdles Loom Posted: 27 Nov 2012 01:08 PM PST The top Senate Democrat is backing an extension to an FDIC program that provides unlimited guarantees for $1.4 trillion in bank deposits, but some Republicans see the program as extension of the financial-crisis bailouts.     |
| Democrats Harden Budget Positions Posted: 27 Nov 2012 04:14 PM PST The White House and congressional Democrats signaled they are prepared for partisan jockeying before any agreement to block impending spending cuts and tax increases can be reached with Republicans.
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| Why German Car Stocks Outpace Their European Rivals Posted: 27 Nov 2012 02:29 PM PST Sales in the home market haven't cratered as they have elsewhere in Europe. The risk is whether the pricing pressures in the mass-market segment become stronger in luxury cars as well.     |
| Ex-Level Global Analyst Testifies on Dell Secrets Posted: 27 Nov 2012 12:24 PM PST A key government witness testified Tuesday that he passed on corporate secrets about Dell's financial outlook to his boss at hedge-fund firm Level Global.     |
| Posted: 27 Nov 2012 05:59 PM PST Google began a high-profile campaign against German legislation that could force search engines to pay for linking to news articles.     |
| Posted: 27 Nov 2012 01:20 PM PST Viacom elevated Wade Davis to the position of chief financial officer. He succeeds Jimmy Barge, who is leaving the company.     |
| Hollande, ArcelorMittal CEO Discuss Plant's Fate Posted: 27 Nov 2012 02:58 PM PST A dispute pitting France against the world's largest steelmaker escalated after President François Hollande threatened to nationalize a plant that owner ArcelorMittal wants to partially close. The company said talks will continue.     |
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