Some American women say it's still difficult to gain a seat in corporate boardrooms. The numbers bear them out.» Read More
Jan 21- New York Governor Andrew Cuomo laid out details on Tuesday of his plan for nearly $8 billion of property tax freezes and corporate tax cuts over the next five years. Spending on Medicaid and school aid, the two biggest items in the budget, must each increase a certain amount by law every year.
DUBLIN, Jan 17- Moody's Investors Service upgraded Ireland to investment grade on Friday, handing the government a major post-bailout boost and opening its already sought-after debt to investors prohibited from buying junk-rated paper.
Jan 17- Moody's Investors Service raised Ireland's debt ratings to Baa3/P-3 from Ba1/NP, citing recent acceleration in economic growth and the government's exit from the euro bailout. Moody's also changed its outlook for the rating to positive.
TORONTO, Jan 14- Goldcorp Inc commenced its formal bid for Osisko Mining Corp on Tuesday, saying that it chose to proceed with the unsolicited offer after a long series of frustrated attempts to engage Osisko in discussions about a possible deal.
SAN JUAN, Jan 8- Puerto Rico is readying a return to the U.S. municipal bond market as early as this month after shelving plans for a much-needed capital raising in the final quarter of last year amid a vicious selloff of its bonds.
Here's the problem with "buy and hold," says Stock Trader Daily's Thomas Kee: Do you have time to wait for it to pay off?
NEW YORK, Jan 1- If there was one lesson from this year's holiday shopping season, it is that many traditional retailers are having to work a lot harder to persuade Americans to open their pocketbooks. A lot of stores had to discount heavily to eke out a modest increase in sales, likely squeezing profit margins in the process.
Holiday sales between Nov. 1 and Dec. 24 rose 2.3 percent, compared with 0.7 percent a year earlier, according to data published in the MasterCard Advisors' SpendingPulse report. "It was actually a Merry Christmas for retailers," Sarah Quinlan, senior vice-president at MasterCard Advisors, told Reuters, adding that jewelry was the best-performing category.
ELMHURST, N.Y., Dec 23- U.S. consumers shopped less on the final weekend before Christmas despite deeper discounts, the latest sign of how difficult a season this is turning out to be for retailers. "We expect the next two weeks to pick up a lot of the slack," Topeka Capital Markets analyst Dorothy Lakner wrote in a note.
Dec 19- Mexico earned a higher debt rating from Standard& Poor's on Thursday and expectations of more upgrades to come could help support Mexican assets in the coming months even as the government borrows more.
NEW YORK/ MEXICO CITY, Dec 19- Standard& Poor's on Thursday raised its sovereign long-term foreign currency credit rating for Mexico by one notch to BBB-plus days after the country approved the biggest shake-up of its energy sector since 1938 in a bid to boost growth.
NEW YORK, Dec 19- Standard& Poor's on Thursday raised its sovereign long-term foreign currency credit rating for Mexico to BBB-plus from BBB, moving it higher into investment-grade territory after a series of economic reforms lifts the nation's economic prospects.
NEW YORK, Dec 18- The 900- plus page Volcker rule regulators released last week will not impact big bank trading revenues as much as banks had feared, said industry executives and consultants who have finally plowed through the rule. "It is fairly manageable for the banks," said David Sapin, a PricewaterhouseCoopers consultant to big banks.
BEIJING, Dec 16- For all the hype, Apple Inc's long-awaited iPhone agreement with China Mobile Ltd may deliver little more than a fleeting revenue jolt for the U.S. giant.
CHICAGO, Dec 13- The passage last week of reforms to Illinois' public pension system could signal that the legislature may soon address Chicago's pension funding problem, Moody's Investors Service said in a report released on Friday.
CHICAGO, Dec 12- Illinois' enactment of sweeping public pension reforms last week gave a boost to its sale on Thursday of $350 million of taxable general obligation bonds. He said Illinois' previous sale of $350 million of taxable GO bonds in April resulted in a 4.97 TIC that was more than 3 percent over 10- year Treasuries.
BANGKOK, Dec 12- The heads of Thailand's powerful military agreed on Thursday to a weekend meeting with the leader of the movement seeking to overthrow Prime Minister Yingluck Shinawatra, deepening uncertainty about the country's immediate political future.
*Police ordered to protect PM's office but not confront protesters. BANGKOK, Dec 12- The head of Thailand's armed forces has turned down a request for a meeting in a huge blow to the leader of anti-government protesters who had asked police and military chiefs to choose sides in the crisis amid dwindling public support.
"But the proposal does not increase the federal government debt ceiling, which Congress will need to raise again by 7 February to give the Treasury the borrowing capacity it needs to meet its payment obligations and avoid further recourse to extraordinary measures," Fitch said.
NEW YORK, Dec 4- Moody's Investors Service on Wednesday revised its outlook on Spain's government bond rating to stable from negative, citing a rebalancing of the country's economy. Moody's also affirmed Spain's Baa3 government bond rating. For the medium term, the outlook for Spain's economy is brighter, Moody's said.