76382 results returned for search: "" category "Business"
NEW YORK (Bloomberg) — Microsoft Corp. chief executive officer Steve Ballmer said a deal with Yahoo! Inc. may still make economic sense for shareholders of both companies, pushing Yahoo stock up as much as 17 percent.
While the companies may pursue a...
DATE: Oct 17, 2008
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NEW YORK (Bloomberg) — American International Group Inc., following criticism by New York Attorney General Andrew Cuomo, won't honour a $10 million severance agreement with outgoing chief financial officer Steven Bensinger, Cuomo said.
Cuomo met with...
DATE: Oct 17, 2008
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NEW YORK (Bloomberg) — Crude oil fell below $70 a barrel to the lowest since June 2007 and gasoline tumbled after a US government report showed stockpiles increased more than twice as much as forecast.
Supplies rose 5.6 million barrels to 308.2 milli...
DATE: Oct 17, 2008
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The trouble with throwing a lifeline to dying banks is they keep trying to pull the rest of us into the drink.
Here we have the Treasury Department injecting $250 billion of fresh capital into US banks in exchange for preferred stock, which should pr...
DATE: Oct 17, 2008
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WASHINGTON (AP) — Big industry production plunged in September by the most since late 1974, largely reflecting fallout from hurricanes Gustav and Ike.
The Federal Reserve reported yesterday that production at the nation's factories, mines and utiliti...
DATE: Oct 17, 2008
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NEW YORK (Reuters) - Merrill Lynch & Co reported a third-quarter net loss of $7.5 billion yesterday — worse than analysts had expected — on write-downs and credit losses on complex debt securities.
But shares of the brokerage house, which last month ...
DATE: Oct 17, 2008
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XL Capital Group's financial strength rating from AM Best will remain at A (excellent) after the Bermuda insurer published preliminary third-quarter results this week, the ratings agency said yesterday.
XL estimated it lost more than $1.6 billion in ...
DATE: Oct 17, 2008
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AUTHOR:
Jonathan Kent
Argo Group International Holdings Ltd. expects to pay out between $50 million and $70 million in claims as a result of the impact caused by Hurricanes Gustav and Ike.
Of that estimate, which includes reinstatement premiums and is on a pre-tax basis, ...
DATE: Oct 17, 2008
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BEIJING (AP) — China's economic growth will slow in coming months as crucial export markets in Europe and the US dry up, the World Bank's senior economist in Beijing said yesterday.
In an interview with AP Television, Louis Kuijs said China's overall...
DATE: Oct 17, 2008
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WASHINGTON (Reuters) - Big investors will be required to disclose their short positions to the US Securities and Exchange Commission under an interim final rule issued by the SEC.
The commission said short-sale reports provide it with important infor...
DATE: Oct 17, 2008
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