Archive for the ‘News’ Category
Status update: Facebook to go public, raise $5B
Facebook is friending Wall Street: The Internet social network is going public in a stock offering that could value it at up to $100 billion, eight years after its computer-hacking CEO Mark Zuckerberg …
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In: News · Tagged with: Facebook, public, raise, Status, Update
Wall Street Rallies Into February on Data, Greece Hopes
U.S. stocks added more than 1% to start February after strong manufacturing data and positive signals from Greece.
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In: News · Tagged with: data, February, Greece, hopes, Into, rallies, Street, Wall
Shares unsteady amid mixed China data
World stock markets were mixed Wednesday, as a modest improvement in manufacturing data from China offered reassurance over its economic slowdown, though Asian markets fell back from early gains.Benchmark …
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In: News · Tagged with: amid, China, data, mixed, Shares, unsteady
Obama to detail broader housing refinance plan
The Obama administration is trying to fix a stubborn drag on the economy by allowing all homeowners to refinance their mortgages at lower interest rates even if they owe more than their homes are worth, …
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In: News · Tagged with: broader, detail, housing, Obama, Plan, refinance
EU probes Samsung, Germany blocks its tablets
Samsung took a double-hit in its battle against archrival Apple when the European Union announced it would investigate whether it was illegally trying to hinder competitors and Germany blocked sales of …
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In: News · Tagged with: blocks, Germany, probes, Samsung, tablets
Florida Primary First Republican-Only ‘Winner-Take-All’ Contest
Mitt Romney is favored to defeat Newt Gingrich in today’s presidential primary in Florida, home to the largest and most diverse Republican electorate and the biggest bloc of convention delegates to date.
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In: News · Tagged with: Contest, first, Florida, Primary, RepublicanOnly, ‘WinnerTakeAll'
RIM committee stresses importance of independent chair
A review of Research In Motions’ leadership structure by a committee of independent directors has concluded that no future chief executive or other employee can be chairperson of the BlackBerry maker. …
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In: News · Tagged with: chair, committee, importance, Independent, stresses
Banks’ Fundamentals Questioned After Strong Start to 2012
Banks have driven the advance this year, but some analysts warn of still-sickly finance-sector fundamentals.
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In: News · Tagged with: 2012, after, banks, Fundamentals, questioned, Start, Strong
Carrefour picks retail veteran Plassat as new boss
Carrefour , Europe’s largest retailer, picked retail veteran Georges Plassat as its next boss, signaling key shareholders may back another attempt to fix its ailing hypermarkets rather than pushing for …
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In: News · Tagged with: boss, Carrefour, Picks., Plassat, retail, veteran
Italy Unipol agrees four-way merger to rescue Fondiaria
Italian insurer Unipol said on Sunday it has agreed a four-way merger plan to rescue insurance company Fondiaria-SAI with its parent company Premafin . Under the planned deal, which also includes Fondiaria’s …
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