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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 34-44
  • O'Malley's fiscal legacy [Editorial]

    O'Malley's fiscal legacy  [Editorial]
    When the three major Wall Street bond rating agencies reaffirmed Maryland's AAA rating last week, Gov. Martin O'Malley issued a news release crediting his administration's "fiscally responsible approach" to budgeting. Given the extent to which Mr. O'...
  • Dollar stable as market fears about Portugal ebb

    NEW YORK (Reuters) - The U.S. dollar was stable against the yen and the euro on Friday as Portugal's largest bank sought to reassure investors about its financial stability. Banco Espirito Santo said on Thursday night that loan losses to the troubled...
  • Portugal's PM tries to soothe investors; BES says can cover any losses

    LISBON (Reuters) - Portugal's government and central bank assured investors on Friday that the southern European country's financial system was sound, aiming to quell worry about the spillover effects of trouble at the Espirito Santo business empire. "It...
  • The Week Ahead: The clock is ticking on zero interest

    Who should investors listen to: bankers or the bankers' banker? Both will compete for the market's attention in the week ahead. A half dozen of America's biggest commercial banks such as JP Morgan and Bank of America are due to update their...
  • China eases M&A rules for listed firms

    BEIJING (Reuters) - China is making it easier for listed companies to buy, sell or swap their assets, its latest attempt to streamline bureaucracy and encourage mergers and acquisitions, the country's securities watchdog said on Friday. Under the new...
  • Portugal's BES insists family losses will not put bank at risk

    LISBON/LONDON (Reuters) - Losses on loans to the troubled business empire of its founding family will not put Banco Espirito Santo at risk of running short of capital, the bank said on Thursday night. Shares in Portugal's largest listed bank were...
  • Britain 'seriously concerned' over Hong Kong press freedom

    HONG KONG (Reuters) - A British government report on Hong Kong expresses "serious concerns" about press freedom and self-censorship in its former colony and about reports that leading British banks had pulled advertising from a local pro-democracy...
  • Long weekends no longer lure job-hopping financial advisers

    NEW YORK (Reuters) - When financial adviser Mike Gegen made the final decision to leave his job at RBC Capital Markets to move to Baird Financial Group, he resigned on May 23, the Friday morning before the three-day Memorial Day weekend, and within one...
  • Rajaratnam acquittal shows indirect insider trading case challenge

    NEW YORK (Reuters) - The acquittal on Tuesday of the younger brother of convicted hedge fund titan Raj Rajaratnam suggests prosecutors will have a tougher time pursuing people accused of trading on inside information they received indirectly. Roughly a...
  • With Alstom deal settled, focus on GE turns to margins, orders

    NEW YORK (Reuters) - General Electric Co's second-quarter earnings report next Friday comes soon after it prevailed in a two-month fight to acquire the power assets of France's Alstom . Yet the $16.9 billion transaction, the U.S. conglomerate's biggest-...
  • Breaks do nothing to cut college costs: Front Burner

    Federal lawmakers have been trying for decades to reduce the burden of paying for college. Congress has significantly expanded lending, lifted caps on borrowing, and cut interest rates on federal student loans. Parents even became eligible to take out...