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| Factbox: NY case alleges Ernst & Young fraud as Lehman auditor Reuters NEW YORK (Reuters) - New York prosecutors accused accounting firm Ernst & Young of helping to conceal Lehman Brothers Holdings Inc's financial problems before it collapsed in 2008. - Ernst & Young approved Lehman's policy on Repo 105 transactions ... See all stories on this topic » | ||
| FCC's Net neutrality vote hit from both sides Computerworld By Grant Gross IDG News Service - The US Federal Communications Commission's vote Tuesday to approve new network neutrality rules received mixed reviews, with broadband provider Verizon Communications appearing to question the agency's legal authority. ... See all stories on this topic » | ||
| DealBook: Deutsche Bank Settles Tax Shelter Case New York Times By BEN PROTESS Deutsche Bank agreed on Tuesday to pay a $553 million fine for its involvement in fraudulent tax shelters in a settlement with the Department of Justice in which the firm admitted to criminal wrongdoing. The fine amounted to the fees ... See all stories on this topic » | ||
| Cerberus Said to Recoup 90% of Chrysler Investment After Sale Bloomberg By Cristina Alesci and Zachary R. Mider - Tue Dec 21 20:08:04 GMT 2010 The headquarters building of Chrysler Financial stands in Farmington Hills, Michigan. Photographer: Jeff Kowalsky/Bloomberg Cerberus Capital Management LP will recoup about 90 ... See all stories on this topic » | ||
| Nike's Future Orders Trip Up Stock TheStreet.com By Jeanine Poggi 12/21/10 - 04:35 PM EST NEW YORK (TheStreet) -- Nike (NKE) is in the red in after-hourstrading, despite better-than-expected profit, as future orders rose less than expected. During the quarter the athletic footwear and apparel ... See all stories on this topic » | ||
| US STOCKS-Wall St rises as earnings, M&A heightens optimism Reuters By Leah Schnurr NEW YORK, Dec 21 (Reuters) - US stocks rose on Tuesday as solid earnings and a flurry of merger activity underpinned a steady upward trend that reinforced investor optimism for the coming year. The S&P 500's close is on the cusp of ... See all stories on this topic » | ||
| Tibco Software 4Q Profit Up 18%, Increases Share Repurchase Plan Wall Street Journal Tibco Software Inc. (TIBX) fiscal fourth-quarter earnings rose 18% in results that beat the business-software company's upbeat guidance. Shares were up 6.3%, at $22.52 after hours, as the company also increased the amount of shares it may repurchase. ... See all stories on this topic » | ||
| Red Hat 3Q Profit Climbs 59% On Higher Sales, Margins Wall Street Journal Red Hat Inc.'s (RHT) fiscal third-quarter earnings rose 59%, with revenue topping its own estimate, as sales and margins improved. Still, shares fell 2.3% to $46.80 after hours. As of the close, the stock had risen 55% this year. ... See all stories on this topic » | ||
| Banking, other deals drive stock indexes higher istockAnalyst.com (press release) NEW YORK - Stocks are closing higher after another big banking deal raised hopes that more acquisitions could be on the way. Toronto-Dominion Bank said Tuesday it is buying Chrysler Financial, the automaker's old lending arm, from Cerberus Capital ... See all stories on this topic » | ||
| NYMEX-Crude ends higher a third day on demand hopes Reuters NEW YORK, Dec 21 (Reuters) - US crude oil futures ended higher for the third straight session on Tuesday in thin, pre-holiday trading volume, driven by rising expectations for economic growth and greater demand for gasoline and heating oil. ... See all stories on this topic » |
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