A new crop of alternative lenders is offering a middle path between banks and cash advance lenders, The New York Times reports.» Read More
The National Association of Home Builders said on Tuesday that builder confidence dropped 10 points between January and February, from 56 to 46, the largest drop since the survey began in 1985. Readings below 50 mean more builders view market conditions as poor than favorable.
Feb 18- After a nearly three-year campaign at Forest Laboratories Inc that spanned two proxy battles and the ousting of a chief executive, billionaire activist investor Carl Icahn has once again ended up on top.
Someone in Florida had filed using his name and Social Security number, the IRS said. Some 1.6 million Americans were victims of ID theft tax refund crimes in the first half of 2013, up from 1.2 million in all of 2012, the IRS watchdog, the Treasury Inspector General for Tax Administration, said in a November report.
BOCA RATON, Fla., Feb 18- U.S. packaged foods group General Mills is looking to expand its business in faster-growing emerging markets, it said on Tuesday, as growth in its home market remains weak.
*Expects 2014 adjusted EPS of $4.45- $4.60 vs est $4.32. *4th- quarter EPS 97 cents vs 62 cents last year. Regulators in North Carolina, South Carolina and Florida approved the company's request to raise utility rates from September and October.
BOCA RATON, Fla., Feb 18- U.S. packaged foods group General Mills is looking to expand its business in faster-growing emerging markets, it said on Tuesday, as growth in its home market remains weak. "We continue to look at tuck-in opportunities around the world," Chief Executive Ken Powell said on Tuesday at a conference in Boca Raton, Florida.
*Sees 2014 adjusted EPS of $4.45- $4.60 vs est $4.32. *4th- quarter EPS 97 cents vs 62 cents last year. The fourth quarter was also helped by cost savings from Duke's $18- billion buyout of rival Progress Energy in July 2012, which created the largest U.S. power company with a market value of about $50 billion.
That pushed the jackpot to $400 million for the next drawing, scheduled for Wednesday, according to the Multi-State Lottery Association, which runs the Powerball game. Over the past two years, Powerball prizes have nearly doubled in size after ticket prices rose to $2 from $1 and California, the nation's most populous state, joined the game.
YANGON, Feb 17- A subsidiary of Singapore- based Navigat Group said on Monday it had begun supplying power under a purchasing agreement that will be the template for future deals by Myanmar, which has one of the lowest electrification rates in Asia.
CAMBRIDGE, Md., Feb 14- President Barack Obama sought on Friday to ease strains with his Democratic allies in the U.S. Congress, who are fearful they could face election consequences from the botched rollout of the president's signature healthcare law known as "Obamacare." All 435 House seats along with 36 of the 100 Senate seats are up for grabs in the elections.
NEW YORK, Feb 13- The committee that oversees the data processor that was at the center of a three-hour trading halt in Nasdaq-listed stocks in August agreed on Thursday to implement fixes demanded by the exchange, according to a source familiar with the situation.
SAN FRANCISCO, Feb 13- Japanese online gaming firm Nexon Co Ltd will begin to aggressively explore U.S. acquisitions to further a long-standing plan to expand in Western markets, its CEO-elect Owen Mahoney said.
WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.
SAN FRANCISCO, Feb 12- Nexon Co Ltd will elevate CFO Owen Mahoney to the post of CEO in March as the Japanese online gaming giant begins to aggressively explore U.S. acquisitions to further a long-standing plan to expand in Western markets.
SAN FRANCISCO, Feb 12- Nexon Co Ltd will elevate CFO Owen Mahoney to the post of CEO in March as the South Korean online gaming giant begins to aggressively explore U.S. acquisitions to further a long-standing plan to expand in Western markets.
NEW YORK, Feb 12- Bill Cosby, speaking as the obstetrician Heathcliff Huxtable on his 1980 s eponymous television show, once told his sitcom child: "Your mother and I are rich. Many do so at the expense of their own retirement security, according to November 2013 findings from Merrill Lynch.
Feb 11- The Obama administration may have pushed the bounds of its legal authority by delaying the healthcare law requirement that certain employers provide coverage to full-time workers, but the move will be tough to challenge in court, according to legal experts.
SAN FRANCISCO, Feb 11- In her first public appearance as Federal Reserve chair, Janet Yellen faced a barrage of pointed questions from U.S. lawmakers critical of the central bank's unprecedented efforts to stimulate the economy and of its oversight of banks.
Feb 11- Lured by the promise of jobs created by the oil and gas boom, Mario Solano left his home in Miami to travel to a new life in the center of it all- North Dakota. Eventually, he found permanent employment working as a ranch hand in the town of Williston, making $14.50 an hour, or about $30,000 a year- plenty, Solano thought, to get a small place of his own.
NEW YORK, Feb 11- U.S. Treasuries slid on Tuesday after Federal Reserve Chair Janet Yellen said she strongly supported the Fed's monetary policy strategy, suggesting the central bank's current reduction in asset purchases was on track.