After-Hours Buzz: Hewlett-Packard, JC Penney, Tesla & More
Government Agencies
More
-
*BP must present plan to EPA and Justice Department. WASHINGTON, Nov 29- U.S. officials were surprised that BP Plc suggested an agreement would soon be ready to lift a suspension imposed this week on the company's obtaining new federal contracts, a government source said on Thursday.
-
Under the rules proposed by the Federal Reserve, the Federal Deposit Insurance Corp and the Office of the Comptroller of the Currency, the biggest banks would have to hold the most capital.
-
The House Financial Services Committee urged transparency during the Volker Rule rulemaking process — or the right for Congress to amend or repeal the outcome.
-
Nov 29- Indian generic drugmaker Ranbaxy Laboratories will stop manufacturing its version of Pfizer Inc's cholesterol fighter, Lipitor, while it gets to the bottom of the cause of a recent recall, the U.S. Food and Drug Administration said on its website.
-
Federal Reserve sharply increased its payments to the Treasury during the first nine months of the year, data released on Thursday showed, with part of the gain due to the repayment of emergency loans to help rescue Bear Stearns and AIG.
-
CNBC's Rick Santelli discusses the changing landscape in the real estate market as well as the need for reform, with Anthony Sanders, George Mason University professor.
-
*Pace of job growth doesn't materially change labor market. NEW YORK, Nov 29- An influential Federal Reserve official on Thursday signaled some support for further asset purchases in the new year, arguing that recent improvement in U.S. jobs growth is still not enough to materially change the struggling labor market.
-
Former Federal Reserve Chairman Paul Volcker told CNBC his namesake rule has already changed how Wall Street does business.
-
*Pace of job growth doesn't materially change labor market. NEW YORK, Nov 29- An influential Federal Reserve official on Thursday signaled some support for further asset purchases by the U.S. central bank in the new year, arguing that recent improvements in jobs growth is still not enough to materially change the struggling labor market.
-
NEW HAVEN, Conn./ WASHINGTON, Nov 28- A top Federal Reserve official launched a plan to subject foreign banks to the same tough oversight rules as their U.S. rivals, a policy shift that could make it less attractive for banks to do business in America.
-
*FDA panel says data support drug efficacy. The FDA usually follows the advice of its advisory panels when deciding whether to approve new medicines. In September, the FDA granted priority review of the drug, based on data from two mid-stage trials that tested it among patients with tuberculosis that is resistant to standard drugs.
-
Nov 28- An advisory panel to the U.S. Food and Drug Administration on Wednesday voted that data suggest an experimental Johnson& Johnson drug for multidrug-resistant tuberculosis is effective, the drugmaker said.
-
WASHINGTON, Nov 28- The U.S. economy trucked along at a "measured" pace in recent weeks and hiring remained modest, according to a Federal Reserve report that did little to calm concerns about slow growth and high unemployment. Details from the manufacturing sector were mixed, the Fed said in its Beige Book report on Wednesday.
-
WASHINGTON, Nov 28- WellPoint Inc can move forward with its $4.5 billion purchase of health insurance rival Amerigroup Corp after Amerigroup alleviated antitrust concerns by selling operations in Virginia, the U.S. Justice Department said on Wednesday.
-
WASHINGTON, Nov 28- The U.S. economy trucked along at a "measured" pace in recent weeks and hiring remained modest, according to a Federal Reserve report that did little to calm concerns about slow growth and high unemployment. Details from the manufacturing sector were mixed, the Fed said in its Beige Book report on Wednesday.
-
NEW HAVEN, Conn., Nov 28- The Federal Reserve's top regulation official on Wednesday called for broad new liquidity and capital rules for the U.S. operations of large foreign banks, that would align them with those for American banks and protect the still vulnerable financial system.
-
Sen. Harry Reid said Tuesday that "fiscal cliff" talks have made little progress, sending stocks down, while Senate Republican Mitch McConnell ripped into President Obama for taking his argument on the road.
-
Emboldened by gains in Congress, Democrats appear less willing to compromise in “fiscal cliff" talks on cuts to entitlement programs like Medicare and Social Security, The New York Times reports.
-
Europe is preparing to follow the United States in delaying the introduction of stricter rules on bank capital, while it lobbies for a rethink of the U.S. stance, EU sources said.
-
The impasse in Congress over the “fiscal cliff” could be the Grinch that steals Christmas if it isn’t resolved soon.