Saturday, January 15, 2011

Google Alert - finance

News8 new results for finance
 
Advisers Vie to Take on Groupon IPO
Wall Street Journal
By ANUPREETA DAS And GINA CHON Groupon's IPO is likely 'sooner rather than later.' Here, employees at the Chicago headquarters in December. Investment bankers have been making proposals to online deals site Groupon Inc. about a proposed initial public ...
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Instant View: JPMorgan quarterly earnings rise 47 percent
Reuters
NEW YORK (Reuters) - JPMorgan Chase & Co reported fourth-quarter earnings jumped 47 percent compared to the year earlier quarter, helped by narrowing losses on bad loans. The bank said fourth-quarter earnings climbed to $4.8 billion, or $1.12 a share, ...
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US Stocks Rise as S&P 500 Index Extends Longest Weekly Rally Since 2007
Bloomberg
By Nikolaj Gammeltoft - Sat Jan 15 05:01:00 GMT 2011 US stocks rose for a seventh straight week, the longest rally since May 2007, buoyed by optimism about corporate earnings and European efforts to control the region's debt crisis. ...
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Instant view: BP, Rosneft in share swap, exploration deal
Reuters
LONDON (Reuters) - Oil major BP Plc (BP.L) said it would swap 5 percent of its shares, worth $7.8 billion, for 9.5 percent of Russia's state-controlled Rosneft (ROSN.MM), and the two companies would jointly develop offshore Arctic oil and gas fields in ...
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GM pension plans get $2B stock boost
The Detroit News
Detroit — General Motors Co. has sunk $2 billion worth of common stock into its underfunded US pension plans, as part of a larger effort to strengthen its balance sheet and wipe its books of debt. The voluntary contribution, which GM announced in ...
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Dollar logs loss as the euro inches higher
MarketWatch
By Laura Mandaro and Myra P. Saefong, MarketWatch SAN FRANCISCO (MarketWatch) — The dollar marked a slight loss Friday to log a decline for the week as traders continued to digest a raft of US data showing stronger industrial growth and an expected ...
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Deal with Treasury, Fed moves AIG closer to repaying taxpayers
Washington Post
By Brady Dennis The Treasury Department, the Federal Reserve and American International Group on Friday closed a deal aimed at moving the global insurance giant closer to independence and recouping the massive taxpayer investment that rescued the ...
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Webio founder sentenced to more than 16 years
Chicago Tribune
By Ameet Sachdev, Tribune reporter David Hernandez's lifetime of lying finally has caught up to him, said a federal judge who sentenced the Downers Grove man Friday to more than 16 years in prison for swindling more than 250 people out of $6.4 million. ...
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Chicago Tribune


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