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LONDON (Reuters) - Business leaders breathed a sigh of relief after Chancellor Alistair Darling's first Budget revealed a toning-down of recent proposals thought to be harmful to Britain's status as a major financial centre.
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TOKYO (Reuters) - A five-year run of record profits might come to an end for Japanese companies in the next business year, snuffed out by a slowing U.S. economy, soaring raw materials costs and a stronger yen.
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LONDON (Reuters) - Should we be more worried about the new crisis coming to a head in the financial system or that the United States is self-evidently in recession? Sadly, we don't have to choose.
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WASHINGTON (Reuters) - The U.S. Federal Reserve and four other central banks on Tuesday teamed up to get hundreds of billions of dollars in fresh funds to cash-starved credit markets, allowing financial firms to use securities backed by home mortgages as collateral for central bank loans.
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NEW YORK (Reuters) - For years, he was the scourge of the Masters of the Universe and the Sheriff of Wall Street.
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LONDON (Reuters) - Investors are best off looking at big-cap stocks rather than beaten-down small ones, especially given that there are no signs of any let up in the tight credit conditions yet, said a top Baring Asset Management executive.
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LONDON (Reuters) - Faced with tighter credit conditions and slowing economies, UK companies will be forced to rein in bumper share buybacks in favour of dividend payouts.
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EMC Corp. Chief Executive Joe Tucci received total compensation valued at $4.73 million in 2007, a year when the data storage vendor's long-stagnant stock jumped 40 percent on EMC's spinoff of a minority ownership stake in software maker VMware Inc. |
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NEW YORK----MF Global, Ltd., investors were cautioned today by the law firm of Weiss & Lurie that it and Stull Stull & Brody are the only law firms who have filed a class action lawsuit on behalf of purchasers of MF stock in its Initial Public Offering on July 19, 2007 and on the open market through February 28, 2008 . |
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BCSB Bankcorp, Inc. , the holding company for Baltimore County Savings Bank, F.S.B., announced today that in order to give potential purchasers in the offering an opportunity to consider the impact of BCSB Bankcorp's recent announcement of the termination of the Supervisory Agreement by the Office of Thrift Supervision, BCSB Bancorp has extended the termination date for the subscription and community offering until 3:00 p.m., Eastern Time, on April 2, 2008. |
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Medco Health Solutions, Inc. announced today that it has agreed to sell $300 million aggregate principal amount of 6-1/8 percent senior notes due March 15, 2013 and $1.2 billion aggregate principal amount of 7-1/8 percent senior notes due March 15, 2018 in an underwritten public offering. |
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