Institutional Shareholder Services will pay $300,000 to settle civil charges that one of its employees shared sensitive nonpublic information about clients, the SEC says.» Read More
*Stocks in U.S., Europe recover on hopes Cyprus deal will emerge. NEW YORK, March 20- Stock markets around the world rose and the euro held firm on Wednesday on hopes that European policymakers would contain the financial crisis in Cyprus after lawmakers there voted down a rescue plan.
March 20- FedEx Corp reported a worse-than-expected quarterly profit due to weakness in its air express business, and said it would step up its cost-cutting program as customers shift to cheaper forms of freight transportation. FedEx shares fell 3 percent in premarket trading. Excluding items, FedEx earned $1.23 per share.
Walgreen and partner Alliance Boots will take up to a 23 percent stake in AmerisourceBergen, ending Walgreen's current contract with Cardinal Health.
Samuel Palmisano retired in December as the chairman of IBM, but that's not stopping the company from paying more than $1 million to set him up with a new office and company cars.
Airbus has landed the largest order of the year, and one of the largest of all-time, with a book value of almost $24 billion. The European plane maker will sell 234 of its A320 planes to Lion Air out of Indonesia.
March 18- Schlumberger Ltd, the world's largest oilfield services company, warned on Monday that North American activity was coming in lower than expected in the first quarter as fewer rigs were going back to work than it predicted. Shares of Schlumberger fell 3.2 percent to $76.88 in early trading on the New York Stock Exchange.
March 18- Schlumberger Ltd, the world's largest oilfield services company, warned on Monday that North American activity was coming in lower than expected in the first quarter, as fewer rigs were going back to work than it had expected. Shares of Schlumberger fell 2.5 percent to $77.40 in early trading on the New York Stock Exchange.
Dow Jones & Co said it found no sign of impropriety at its China operations, after the Wall Street Journal reported that a whistleblower had accused Journal employees of bribing Chinese officials for information.
With annual shareholder meeting season getting underway, long-term investors should applaud activist shareholders trying to agitate for change.
Had you picked stocks thoughtfully and carefully since Mad Money began, you would have beaten the S&P by 3000%!
The Fed is getting tougher on big banks and risk. Is it just a sign of raising the bar -- or something bigger, like big bank break-ups?
*JPMorgan drops on Senate report, Fed findings. NEW YORK, March 15- U.S. stocks slipped on Friday, weighed by a decline in JPMorgan Chase shares after the bank was hit by a one-two punch of bad news and as investors paused just below the S&P 500' s record high.
The leveraged buyout of Dell requires that only 42 percent of existing shareholders vote against the deal for it to be abandoned. It is fair to say the a LBO is in doubt.
Phil Anschutz took his Los Angeles-based sports, music, and arena conglomerate off the market because he felt reinvigorated after back surgery and didn't like "the noise" surrounding the sale, he said.
HONG KONG, March 15- Hong Kong shares ended their worst week in three on a tepid note on Friday, with Chinese developers hit by official media reports that property curbs will be strictly enforced. The China Enterprises Index of the leading Chinese listings in Hong Kong dropped 0.7 percent. China Resources Land dropped 5.4 percent.
MEXICO CITY, March 14- Shares of Carlos Slim's phone giant America Movil rose on Thursday, helped by a local brokerage's upgrade of its recommendation and the company buying back what amounted to a quarter of all its shares traded during the day.
NEW YORK, March 14- Shares of E* Trade Financial Corp dropped 8.2 percent on Thursday on news that hedge fund Citadel LLC is dumping its stake in the bank and discount brokerage company. Shares of E* Trade, which closed Wednesday at $11.82, fell 97 cents on Thursday to close at $10.85.
Continuing struggles at the “Today” show threaten to overshadow NBC’s strength at other times of day, The New York Times reports.
NEW YORK, March 12- The yen rose against the dollar for the first time in a week and global equity markets slipped on Tuesday as the record-breaking rally in U.S. stocks paused after a seven-session string of gains.
*Shares of Yum Brands rise on China restaurant sales. Sounding a note of caution in Europe, Jens Weidmann, head of Germany's central bank and a member of the European Central Bank's governing council, said the euro zone's "crisis is not over despite the recent calm on financial markets," adding that the region's economic stability remains on shaky ground.