NEW YORK, April 17- The Federal Reserve logged $84 billion in net profit last year on its massive portfolio of assets, and average income will probably remain higher than before the financial crisis for another decade to come, according to an annual report.» Read More
Nov 5- Charter Communications Inc finance chief Chris Winfrey said on Tuesday he and Chief Executive Tom Rutledge have talked about potential mergers and acquisitions that would take advantage of the "unique position" the cable operator has because of its tax assets.
Nov 4- School bus operator Atlantic Express Transportation Corp filed for chapter 11 bankruptcy protection late on Monday, a court filing showed. New York- based Atlantic Express listed out estimated liabilities and assets of $100 million to $500 million.
HOUSTON/ CARACAS, Nov 4- Venezuela is in the process of seizing oil equipment owned by Houston- based Superior Energy Services, a company spokesman said on Monday, after state-run PDVSA failed to pay debts owed to the U.S. company. In recent years, Venezuela has seized assets of contractors after they halted work to demand PDVSA pay past due bills.
Nov 4- U.S. golf retailer Edwin Watts Golf Shops LLC filed for chapter 11 bankruptcy protection early on Monday, a court filing showed. The retailer, owned by private equity firm Sun Capital Partners Inc, listed out estimated liabilities and assets of $100 million to $500 million.
ST. LOUIS/ NEW YORK, Nov 1-. Investors are trying to predict when the Fed will decide the U.S. economy and labor market are strong enough to withstand a reduction in the pace of quantitative easing, in which $85 billion in assets are snapped up by the central bank each month to spur growth.
LONDON, Nov 1- Royal Bank of Scotland is to create an internal "bad bank" to fence off its riskiest assets, part of a raft of measures designed to heal its relationship with the British government and speed up its eventual privatisation.
NEW YORK, Oct 31- Asset manager Invesco Ltd said on Thursday that its third-quarter profit rose 34 percent as strong net inflows, primarily in its retail business, helped boost assets. Assets under management at Invesco grew by $39.9 billion during the quarter to total $745.5 billion at the end of September, a 12.4 percent increase from a year earlier.
Oct 25- Asset manager Legg Mason Inc on Friday said its quarterly profit rose 7 percent compared with a year ago as assets and performance fees rose, but reported an outflow of investor cash from its equity funds.
WASHINGTON, Oct 24- U.S. regulators unveiled a plan on Thursday for banks to hold enough assets they can easily sell to survive a credit crunch, calling on U.S. banks to meet new liquidity standards two years before most foreign banks must comply.
Kumar Palghat, Managing Director of Kapstream Capital tells CNBC why corporate debts are a good bet right now.
Microsoft is an unwieldy business and should be broken up, CNBC's Jim Cramer said Friday, and it needs a savior to drive a corporate "miracle" to get the company back on track.
The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets, sources tell CNBC.
The threat of less central bank stimulus and higher interest rates crushed emerging markets more than most recently. And some investors see deals.
Orchard Supply Hardware Stores has filed for Chapter 11 bankruptcy protection, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash.
Apple and other multinationals that keep money overseas are not doing anything wrong on taxes, opposing political pundits agreed on CNBC. But they clashed on reforms to discourage that practice.
Erik Lueth, Senior Regional Economist at RBS Global Banking & Markets, discusses the fall in gold prices, and predicts where opportunities lie for investors.
Mitsubishi UFJ Financial Group, Japan's largest lender by assets, is in advanced talks to buy U.S. commercial property loans from Deutsche Bank worth about $3.7 billion.
The Bank of Japan will not bankroll government spending, but it has already exceeded self-imposed limits on asset purchases and will continue to do so, in a signal intended to deliver on promises of overhauling policy.
Wook Chae, President of the Korea Institute for International Economic Policy, warns South Korea's President Park Geun-hye must focus on stabilizing the Korean won and boosting domestic growth.
Jeffrey Carr, CEO of U.S. cyber security boutique Taia Global, questions claims that China is solely to blame for cyber attacks on global corporations.