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  • Two charged in 2011 cyber breach at Michaels retailer Thursday, 30 Jul 2015 | 5:36 PM ET

    The charges against Angel Angulo, 25, of Riverside, and Crystal Banuelos, 28, of Bloomington, were announced on Thursday by U.S. Attorney Paul Fishman in New Jersey, where Michaels also has stores. The scheme lasted from February to May 2011, when the defendants possessed 179 counterfeit cards in New Jersey, and affected seven banks including Bank of America Corp,...

  • NEW YORK, July 17- TD Bank has agreed to pay $20 million to settle a class action lawsuit accusing it of aiding a Ponzi scheme that allegedly bilked over a thousand European investors of more than $223 million, a lawyer for the investors said on Friday. The preliminary settlement, subject to court approval, resolves accusations that TD Bank, part of Canada's...

  • FACTBOX-Contenders to be Barclays chief executive Thursday, 9 Jul 2015 | 8:48 AM ET

    Morzaria was born in Uganda and moved to Britain in 1971. The British citizen, who graduated in computer science and accounting from Manchester University, is a qualified chartered accountant. He has also worked at Credit Suisse and SG Warburg. Colm Kelleher, Morgan Stanley president of institutional sales: 3/ 1.

  • OTTAWA, June 8- Canadian housing starts jumped to the highest level in nearly a year in May, data on Monday showed, an unexpected move that signaled the country's housing boom still has life and that the economy may strengthen in the second quarter. Canada's economy contracted in the first quarter, hit by cheaper prices for oil, a major Canadian export, but the Bank of...

  • The company raised C $20 million from strategic and institutional investors in a recent funding round led by Scotiabank, Chief Executive James Haggarty said in a recent interview. Investors in Shop.ca, which sells products ranging from beauty creams to guitars and barbecue grills, include Torstar Corp, Difference Capital and Shaw Ventures, an affiliate of...

  • Volatile Trading Day Keeps Focus on Fed, Jobs Data Wednesday, 22 May 2013 | 9:20 PM ET

    Volatile trading in stocks and bonds could continue as investors sort out what's going on with the Fed and whether markets have come to some sort of inflection point.

  • After-Hours Buzz: MW, VRA, ETFC & More Wednesday, 13 Mar 2013 | 5:39 PM ET

    Check out which companies are making headlines after the bell Wednesday:

  • Stocks were higher across the board in thin trading Friday, with major averages struggling to close higher for the week, but gains were limited as investors hesitated to jump in amid a lack of strong catalysts to further fuel the recent rally.

  • Barclays Forced to Name Executives on Libor List Friday, 25 Jan 2013 | 2:06 AM ET
    Robert Diamond

    Barclays was forced to name former heads Bob Diamond and John Varley, finance director Chris Lucas and other top executives and traders linked to a global rate-fixing probe, despite their calls for anonymity.

  • Wal-Mart Selling Apple's iPhone 5 at Big Discount Saturday, 15 Dec 2012 | 6:28 AM ET
    A customer buys new Apple Inc. iPhone 5 devices at a store in San Francisco, California, U.S.

    Wal-Mart said it is selling the 16 GB Apple iPhone 5 for $127, versus an original price of $189.97. However, a Wal-Mart spokeswoman said on Friday that the discounts were arranged with Apple.

  • NEW YORK/ TORONTO, Oct 26- Moody's Investors Service warned on Friday it could cut its ratings on five top Canadian banks on concerns about a softening economy and volatile capital markets, a blow to a banking system named the soundest in the world four years in a row.

  • Moody's reviewing US units of 2 Canadian banks Friday, 26 Oct 2012 | 6:40 PM ET

    NEW YORK-- Moody's Investors Service warned Friday that it could downgrade its debt ratings on the U.S. subsidiaries of two Canadian banks, Toronto-Dominion Bank and Bank of Montreal, after the parent companies' ratings were placed on review.

  • *Deal positions RBC as a leading auto lender in Canada. TORONTO, Oct 23- Royal Bank of Canada has agreed to buy the Canadian auto finance and deposit arm of Ally Financial Inc in a $4.1 billion deal to expand its vehicle-lending business at a time when loan growth overall is slowing in the country.

  • Target to sell credit card business to TD Bank Tuesday, 23 Oct 2012 | 8:56 AM ET

    NEW YORK-- Target Corp. on Tuesday said it reached a deal to sell its entire consumer credit card business to TD Bank Group, ending an almost two-year search for a buyer. The two companies also entered into a seven-year pact under which TD Bank will underwrite, fund and own future Target credit card and Target Visa receivables in the U.S.

  • RBC Nears $4 Billion Deal for Ally’s Canada Unit: Sources

    Ally Financial and Royal Bank of Canada are closing in on a deal that would value Ally Canada at more than $4 billion, according to people familiar with the matter.

  • Shares of JPMorgan Chase and Wells Fargo& Co. both fell after they released their results, even though JPMorgan posted record profits, prompting Canadian financials to follow suit, dropping 0.2 percent. Bank of Nova Scotia was down 0.3 percent at C $53.31, and Toronto-Dominion Bank was 0.2 percent lower at C $80.85.

  • TOKYO, Oct 12- Japanese wireless service provider Softbank Corp is in talks with three major Japanese banks to borrow $23 billion to finance a bid for U.S. operator Sprint Nextel Corp, sources with direct knowledge of the matter told Reuters on Friday.

  • TOKYO, Oct 12- Softbank Corp chief Masayoshi Son told reporters last week he decided to buy a smaller rival for $1.84 billion on an impulse- small change for someone who Forbes estimates lost $18 billion in the dotcom bust, but an unusual move in staid Japan.

  • *Softbank shares down as much as 17 pct in Tokyo* Softbank and Sprint have confirmed in talks* Broker warns of "unacceptable" gearing levels.

  • TOKYO, Oct 12- Japanese wireless service provider Softbank Corp is in talks with three major Japanese banks to borrow $23 billion to finance a bid for U.S. operator Sprint Nextel Corp, sources with direct knowledge of the matter told Reuters on Friday.