jackson

MetLife set to buy AIG’s Alico unit: sources (Reuters)

Reuters - AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15.5 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.

Excerpt from: 
MetLife set to buy AIG’s Alico unit: sources
(Reuters)

jackson

AutoNation reports earnings beat, Toyota progress (Reuters)

Reuters - AutoNation Inc , the largest U.S. auto dealership group, on Thursday posted quarterly results that exceeded analysts’ expectations and said Toyota Motor Corp was making progress in its repair program

More here:
AutoNation reports earnings beat, Toyota progress
(Reuters)

jackson

Fed policy unlikely to be swayed by jobs data: Bullard (Reuters)

Reuters - Federal Reserve monetary policy is unlikely to pushed off course by December’s surprising job losses, a senior Fed official said on Monday.

Go here to read the rest: 
Fed policy unlikely to be swayed by jobs data: Bullard
(Reuters)

jackson

Bank of America to pay bonuses close to ‘07 levels: report (Reuters)

Reuters - Bank of America Corp will pay its investment bankers bonuses close to the levels of 2007, as it tries to reduce defections following its takeover of Merrill Lynch & Co., the Wall Street Journal said late Thursday.

Read more from the original source:
Bank of America to pay bonuses close to ‘07 levels: report
(Reuters)

jackson

Fed officials see inflation risks (Reuters)

Reuters - Senior U.S. Federal Reserve officials placed different emphasis on inflation risks on Thursday, with one warning failure to withdraw support policies soon enough could trigger inflation while another played down such risks.

See the original post:
Fed officials see inflation risks
(Reuters)

jackson

BlackRock’s Doll sees S&P 500 at 1,250 by year-end (Reuters)

Reuters - BlackRock Inc’s vice chairman and chief investment officer for global equities Bob Doll said on Wednesday he sees the Standard & Poor’s 500 stock index reaching a level of 1,250 by year-end.

Go here to read the rest:
BlackRock’s Doll sees S&P 500 at 1,250 by year-end
(Reuters)

jackson

Stock investors won’t hold breath for Santa (Reuters)

Reuters - Santa came early for Wall Street this year by delivering a 22 percent return for 2009, and with just a handful of trading days to go, stock investors aren’t expecting to find much more under the tree.

Originally posted here:
Stock investors won’t hold breath for Santa
(Reuters)

jackson

Goldman beats Street on big bond trading profits (Reuters)

Reuters - Goldman Sachs Group Inc posted better-than-expected quarterly earnings, fueled by outsized bond trading profits.

See the original post here:
Goldman beats Street on big bond trading profits
(Reuters)

jackson

Stock index futures edge higher; results eyed (Reuters)

Reuters - U.S. stock index futures pointed to a slight increase in equities on Thursday after the Dow Jones Industrial average index (.DJI) pierced the 10,000 level in the previous session.

Originally posted here:
Stock index futures edge higher; results eyed
(Reuters)

jackson

Citi faces FINRA fine over derivatives deals: source (Reuters)

Reuters - Citigroup Inc is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients avoid taxes on dividends, a source familiar with the matter said on Sunday.

Go here to read the rest:
Citi faces FINRA fine over derivatives deals: source
(Reuters)

Next Page »